A thorough round-up of key concepts before the exam is a must for every test-taker. This is where the Wiley’s 11th Hour Guide scores big marks. The book is designed to help CFA Level 1 exam takers to do a final practice run-up by going through the most important concepts as well as formulas.
Designed to boil it all down to the crucial concepts, formulas and rules, this guide ensures candidates are familiar with the most important testable information. This 440 page guide has notes and tips from instructors and while being condensed does not lose on any of the essential points you need to cover for the CFA level 1 exam. This is the suitable CFA Level 1 study material for final review.
About the CFA Exam
The Certified Financial Analyst (CFA) is the gold standard for investment analysis, the world over. To become a CFA charterholder, one has to clear three exams.
CFA exam level 1, tests knowledge of standards. The exam looks at student’s comprehension of investment concepts and some analysis. The areas covered include economics, ethical and professional standards, financial reporting analysis, corporate finance, portfolio management, equity, fixed income, derivatives and alternative investments.
The exam consists of 240 multiple choice questions of three hours each. The test-taker is given an average of 90 seconds to answer each question. Conceptual understanding and speed are the keys to cracking this exam.