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如何备考 CFA 一级

1) CFA 是什么2) CFA 考什么3) CFA 考试结构4) CFA 怎么准备5) 知识结构梳理

如何备考 CFA 一级

注册金融分析师 , 是美国以及全世界公认金融证券业最高认证书 .

CFA 考试分为一、二、三级共三个阶段，考过前一阶段，才能参加下一阶段考试。第一级考试每年 6 月和 12 月各举行一次；第二级及第三级考试每年均于 6 月同时举行一次。

CFA 一级考试课程着重于投资评估和管理的工具和因素，包括资产评估和投资组合管理技巧的入门介绍。

CFA 是什么

SS Topics # of Q’s %

1 Ethics 36 15%

2-3 Quant. Methods 29 12%

4-6 Economics 24 10%

7-10 Financial Reporting 48 20%

11 Corp. Finance 17 7%

12 Portfolio 17 7%

13-14 Equity 24 10%

15-16 Fixed Income 24 10%

17 Derivatives 12 5%

18 Alternative Inv. 9 4%

CFA 考什么

CFA 级总共 240 道选择题 : 三个备选项

上下午各 120 道选择题 : 涵盖所有章节上下午各三小时 : 每题一分半钟

题目按照章节划分

CFA 考试结构

1). Know the extent of the material and the format and topic weights for your exam

2). Learn and understand the concepts, definitions and techniques

3). Practice quizzes4). Learn how to take the exam

successfully

CFA 怎么准备

知识结构梳理SS CFA知识结构 Readin

g CFA一级考试内容

1

投资职业伦理Ethical and Professional Standards

1 道德操守和专业行为准则 Code of Ethics and Standards of Professional Conduct

2 准则Ⅰ -Ⅶ 指南 Guidance for Standards I–VII

3Introduction to the Global Investment Performance Standards

4 全球投资业绩报告准则Global Investment Performance Standards (GIPS)

2

金融数量分析 : 基本概念

Quantitative Methods

Basic Concepts

5 货币时间价值 The Time Value of Money

6 现金流量折现应用 Discounted Cash Flow Applications

7 统计概念和市场收益 Statistical Concepts and Market Returns

8 概率论基础 Probability Concepts

3

金融数量分析 : 应用

Quantitative Methods

Application

9 常用概率分布 Common Probability Distributions

10 抽样与估计 Sampling and Estimation

11 假设检验 Hypothesis Testing

12 技术分析 Technical Analysis

知识结构梳理SS CFA知识结构 Readin

g CFA一级考试内容

4经济学原理 : 微观Microeconomic

Analysis

13 供给和需求分析导论 Demand and Supply Analysis: Introduction

14 消费者的供需分析 Demand and Supply Analysis: Consumer Demand

15 企业供需分析 Demand and Supply Analysis: The Firm

16 企业和市场结构 The Firm and Market Structures

5经济学原理 : 宏观Macroeconomic

Analysis

17 总产出 , 物价以及经济增长 Aggregate Output, Prices, and Economic Growth

18 经济周期 Understanding Business Cycles

19 货币和财政政策 Monetary and Fiscal Policy

6

经济学原理 : 国际Economics in a Global Context

20 国际贸易和资本流动 International Trade and Capital Flows

21 汇率 Currency Exchange Rates

知识结构梳理SS CFA知识结构 Readin

g CFA一级考试内容

7财务报表分析 : 概述

Financial Reporting and Analysis: An Introduction

22财务报表分析概述Financial Statement Analysis: An Introduction

23 财务报表分析技术 Financial Reporting Mechanics

24 财务报表分析准则 Financial Reporting Standards

8

财务报表分析Income Statements, Balance

Sheets, and Cash Flow Statements

25 利润表 Understanding Income Statements

26 资产负债表 Understanding Balance Sheets

27 现金流量表 Understanding Cash Flow Statements

28 财务分析技术 Financial Analysis Techniques

9

财务报表分析Inventories, Long-lived Assets,

Income Taxes, and Non-current Liabilities

29 存货 Inventories30 长期资产 Long-lived Assets31 所得税 Income Taxes

32 非流动负债 Non-current (Long-term) Liabilities

10

财务报表分析Financial Reporting Quality

and Financial Statement Analysis

33危险信号和财务预警指标、现金流量表上的财务欺诈 Financial Reporting Quality

34 财务报表分析应用 Financial Statement Analysis: Applications

SS CFA知识结构 Reading CFA一级考试内容

11 公司金融Corporate Finance

35 资本预算 Capital Budgeting36 资本成长 Cost of Capital37 财务杠杆测量 Measures of Leverage

38 红利和股份回购 Dividends and Share Repurchases: Basics

39 营运资本管理 Working Capital Management

40 上市公司治理投资手册 The Corporate Governance of Listed Companies: A Manual for Investors

12投资组合理论

Portfolio Management

41 投资组合管理导论 Portfolio Management: An Overview

42 投资组合风险和收益 Portfolio Risk and Return: Part I

43 投资组合风险和收益 Portfolio Risk and Return: Part II

44 规划和构建投资组合基础知识 Basics of Portfolio Planning and Construction

13

权益类投资产品Market

Organization, Indices, and Efficiency

45 证券市场组织结构 Market Organization and Structure

46 市场指数 Security Market Indices

47 市场有效性 Market Efficiency

14权益类投资产品Analysis and

Valuation

48 股权证券概览 Overview of Equity Securities

49 行业及公司分析介绍 Introduction to Industry and Company Analysis

50 股票估值的概念和基本方法Equity Valuation: Concepts and Basic Tools

SS CFA知识结构 Reading CFA一级考试内容

15固定收益类证券Fixed Income

Basic Concepts

51 债券特征 Fixed-Income Securities: Defining Elements

52 债券部门和工具概述Fixed-Income Markets: Issuance, Trading, and Funding

53 债券估值引论 Introduction to Fixed-Income Valuation54 资产担保证券 Introduction to Asset-Backed Securities

16固定收益类证券Fixed Income

Analysis of Risk

55 理解收益、风险 Understanding Fixed-Income Risk and Return

56 信用分析 Fundamentals of Credit Analysis

17 金融衍生工具Derivatives

57 金融衍生品市场和工具Derivative Markets and Instruments

58 金融衍生品定价和估值Basics of Derivative Pricing and Valuation

59 期权策略的风险管理应用Risk Management Applications of Option Strategies

18其他类投资产品

Alternative Investments

60 其他类投资、大宗商品投资Introduction to Alternative Investments

知识结构梳理

接下来我们会按照前面的知识结构图陆续推出各个知识点讲解的视频

敬请期待