May 2023 CFA Level 1 Examination Time: May 2023 16-May 22, 2023.
May 2023 CFA Level 2 Examination Time: May 23, 2023-May 27, 2023.
The first and second stages of registration have been closed, and the rest of the time should be reviewed to try to pass the exam smoothly!
Introduction of cfa exam questions in May 2023
1, CFA level 1 exam
CFA exam * * *, 240 multiple-choice questions, each volume contains 120 questions, each question has three options, A, B and C, and the scores are equal. The first-level CFA exam mainly examines the candidates' understanding of the tools and concepts of investment evaluation and management in the CFA exam course. Simple and objective questions in CFA Level 1 exam focus on testing the basic knowledge of candidates. Candidates should arrange their time reasonably and carefully understand every question in CFA exam.
2.CFA Level 2 Examination
CFA Level 2 exam has 120 multiple-choice questions, with 60 questions in each volume, 3 points for each question and * * 360 points. Different from the first-level CFA exam, the second-level CFA exam has changed in terms of questions. There are 20 cases in the examination paper, including charts, financial statements, statistical data and other materials. Each case has six related multiple-choice questions. The second-level CFA exam mainly examines the candidate's asset evaluation ability. There are further requirements for candidates' intensive reading and analytical skills.
Cfa preparation method in May 2023
1, know the weight of each Kobe in the exam.
To prepare for CFA, you must first know the proportion of each subject in CFA exam. Because only by knowing what to test can we review in a targeted way. According to the analysis of test questions over the years, it is concluded that professional ethics, financial statement analysis, investment tools, asset evaluation and so on are the knowledge points with a large proportion over the years, and everyone should pay attention to them when reviewing.
2. Classify and summarize the subjects.
It is suggested that you classify and summarize the subjects according to different frameworks in order to establish a complete knowledge system. According to the correlation between courses, it can be divided into three categories: basic framework, financial leading framework and financial tool framework.
The basic framework includes moral and professional behavior standards, quantitative analysis and economics. The framework of financial dominance includes: financial statement analysis, corporate finance and equity investment. The framework of financial instruments includes fixed income investment, derivatives, other types of investment and portfolio management.
In this way, because of the classification and summary of the correlation between subjects, we are more organized when reviewing. Review also gets rid of all kinds of complicated knowledge points from point memory to surface memory, which will undoubtedly be more conducive to our quick and clear memory.
3. Extend the preparation timeline in advance.
Official website, CFA Institute, has published a set of data about the preparation time. The data show that the average time spent by candidates who passed CFA exams in 20 17 is 300 hours in CFA level 1, 328 hours in CFA level 2 and 335 hours in CFA level 3. So in theory, the preparation time is completely sufficient.
Of course, each candidate's preparation is different, so the data given by CFA official website can only be used as a reference. The safest way is to extend the preparation time. Prolonging the preparation time has three advantages-the longer the time is set aside, the less affected by emergencies, and the review time can be guaranteed.
The longer the time, the more comprehensive the plan, and the completion of different tasks at different stages is also a good incentive for yourself. The longer the timeline, the more time left for sprinting. Have enough time to read notes, do exercises and mock exams.
Cfa Pre-test Sign-in Process
Pre-test check-in process:
(1) Arrive at the examination room in advance: CFA Association requires candidates to arrive at the examination room at least half an hour in advance. Due to the requirements of epidemic prevention and control, candidates are required to show their travel code and health code before entering the examination room, wear masks and cooperate with temperature measurement throughout the whole process;
(2) Receiving and keeping of personal belongings: CFA examination room has formulated rules for personal belongings. If candidates carry personal belongings that they can't carry, they need to be stored in lockers, and the staff will also inform candidates in advance how to store personal belongings;
(3) Examining candidates' certificates: Before the candidates enter the examination room, the staff will ask the candidates to show their international travel passports. The passports presented by the candidates must be original and machine-readable, and the candidates can enter the examination room only after the staff confirms that they are candidates within the validity period;
(4) Providing examination supplies: the staff provides writing tools such as draft paper to the candidates;
(5) Check candidates' calculators: CFA Association only allows candidates to use Texas Instruments BA II Plus and HP 12C calculators. After confirming that the calculator model carried by the candidate has been approved by the association, the staff will also ask the candidate to empty the cache in the calculator;
(6) Guide the candidates to sit in the exam: the staff guides the candidates to sit in front of the allocated seats, and the candidates need to wait patiently for the exam instructions.