CFA Exam Topic Area Weights
| Topic Area
| Level I
| Level II
| Level III
|
| Ethical and Professional Standards (total) | 15 | 10 | 10 | | Investment Tools (total) | 50 | 30-60 | 0 | | Corporate Finance | 8 | 5-15 | 0 | | Economics** | 10 | 5-10 | 0 | | Financial Reporting and Analysis | 20 | 15-25 | 0 | | Quantitative Methods | 12 | 5-10 | 0 | | Asset Classes (total) | 30 | 35-75 | 35-45 | | Alternative Investments | 3 | 5-15 | 5-15 | | Derivatives | 5 | 5-15 | 5-15 | | Equity Investments | 10 | 20-30 | 5-15 | | Fixed Income | 12 | 5-15 | 10-20 | | Portfolio Management and Wealth Planning (total) | 5 | 5-15 | 45-55 |
| Total |
100 |
100 |
100 |
|