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Level I Topic Outlines

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The curriculum is organized into topics, and each topic contains learning modules. There are learning outcome statements at the beginning of each learning module.

Below you'll find current outlines by level. Each outline includes learning outcome statements (LOS) and source references for the readings.

2023 Level I Exam Topic Outlines

2022 Level I Exam Topics and Study Session Outlines

2022 Level I Study Sessions combined
Topic Exam Weight Sessions
Quantitative Methods 8-12% Study Session 1
Study Session 2

Economics 8-12% Study Session 3
Study Session 4

Financial Reporting and Analysis 13-17% Study Session 5
Study Session 6
Study Session 7
Study Session 8
Corporate Issuers
8-12% Study Session 9
Study Session 10
Equity Investments 10-12% Study Session 11
Study Session 12
Fixed Income 10-12% Study Session 13
Study Session 14
Derivatives 5-8% Study Session 15
Alternative Investments 5-8% Study Session 16
Portfolio Management 5-8% Study Session 17
Study Session 18
Ethical and Professional Standards 15-20% Study Session 19
Readings 56-60