CFA Curriculum
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| 2010 curriculum |
A committee of practicing CFA charterholders, in conjunction with CFA Institute staff, designs the curriculum to deliver the Candidate Body of Knowledge (CBOK). The curriculum is delivered in a candidate-friendly, integrated form at each level of the exam program.
The curriculum is organized into several study sessions to help candidates navigate the material. Each study session includes assigned readings (drawn from textbook chapters, professional journal articles, CFA Program-commissioned content, cases, and research analyst reports); learning outcome statements; and problem sets that demonstrate practical application and reinforce understanding of the concepts presented in the readings. Because each exam question is based explicitly on the curriculum, you should emphasize mastery of the content in your study program. Learn more about curriculum development.
We have substantially enhanced the format of the curriculum in recent years. For convenience, the assigned readings are assembled into multiple self-contained volumes.
We have:
- Sequenced the readings in conformity with the study sessions
- Reprinted the pertinent learning outcome statements before each reading
- Added study resources, such as an improved outline, a comprehensive index, and a unified glossary
- Printed the curriculum in two-color format to enrich the visual appeal and clarity of the exhibits, tables, and required versus optional treatments
We are committed to developing and delivering a comprehensive, rigorous curriculum for the professional formation of competent, ethically grounded practitioners. We listen attentively to candidate and member feedback, and we work to incorporate content, design, and packaging improvements.
eBook
The CFA Program Curriculum eBook lets you access the CFA Program curriculum in two ways, either via a downloaded file on your personal computer or online through any networked computer. Learn more (requires that you log in)
Curriculum Sample
The first study session of each level of the CFA Program curriculum is available free online. We hope that these samples illustrate the quality and convenience of the curriculum.
Preliminary Readings
The reading assignments in economics assume candidates already have a basic mastery of the concepts typically presented in introductory university-level economics courses. Information on suggested readings to improve your knowledge of this topic precedes the study sessions.
View the study session outlines.





