• June 2019 CFA Exam Level III Results: Level III exam results are being emailed to candidates on 20 August 2019, after 9:00 a.m. ET. Email delivery service varies so we cannot guarantee an exact delivery time.

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CFA Program Curriculum

10 Topics, One Body of Knowledge

Informed by dynamic practice analysis, our rigorous curriculum prepares you to be an effective and ethical investment management professional in the industry.

The curriculum is built from the CFA Institute Body of Knowledge, taking you deep into investment management by cutting across these 10 key areas.

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    Ethical and Professional Standards Learn about putting investors first in critical and everyday practice.
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    Quantitative Methods From time value of money analysis to correlation analysis and regression, learn robust quantitative methods.
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    Economics Delve into supply and demand, the monetary system, inflation, effects of government regulation, and much more.
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    Financial Reporting and Analysis Learn the details of the financial reporting system (emphasis on international standards, IFRS) and analysis of taxes, debt, global operations, and more.
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    Corporate Finance From corporate governance to capital structure decisions, we cover complex issues in corporate finance.
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    Equity Investments Study the types of equity securities, equity portfolio measurements, and much more.
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    Fixed Income Study fixed income security types, portfolio benchmarks, and other complex topics.
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    Derivatives Learn about forward markets, future markets, option markets, and more.
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    Alternative Investments Examine real estate, private equity, commodities, and more.
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    Portfolio Management and Wealth Planning Examine the essentials of managing different types of portfolios successfully.

How we analyze the practice of investment management to keep the curriculum relevant and rigorous

More information about what the CFA Program curriculum covers

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