The chartered financial analyst (CFA) program has a curriculum that is organized into three levels with 18 study sessions. The study sessions include assigned readings, learning outcome statements and problem sets. Once you are a registered candidate, then you automatically gain access to the curriculum materials for your specific exam level.

The materials include study session outlines, learning outcome statements and source references. Each level has a specific study session. The learning outcome statements (LOS) are descriptions of a combined set of specific knowledge, skills and abilities that you should be able to apply as long as you have completed the reading. Command words used for the learning outcome statements are words such as ‘demonstrate,’ ‘formulate,’ or ‘evaluate’ to indicate how much you have learned about a specific topic.

The curriculum is continually updated, reviewed and published. The 2017 level 1 study session which is divided into 18 parts includes ethical and professional standards, quantitative methods, economics, financial reporting and analysis, corporate finance, portfolio management, equity, fixed income, derivatives, and alternative investments.

Ethical and professional standards are the first study session in the 2017 program curriculum. This is the complete content of ethical and professional standards. It contains five readings and it has an exam weight of 15%.  The second part is the quantitative methods. It presents the fundamentals of some quantitative techniques that are essential in financial analysis. It has two study sessions, (session 2 and session 3) which carry an exam weight of 12%. The next part is economics. It has an exam weight of 10% and has two study sessions (session 4 and session 5). Financial reporting and analysis follow. Next, it is a bit weightier and has an exam weight of 20%, and is carried out in four sessions (session 6, session 7, session 8, and session 9). Corporate finance follows and has a much lesser exam weight compared to financial reporting and analysis and has an exam weight  of only 7% and is divided into two sessions (study session 10 and study session 11).

Portfolio management has an exam weight of 7% and has one study session (study session12). This study describes portfolios, types of investors, portfolio management processes, mutual funds and risk management. Equity is next with an exam weight of 10% and two study sessions (session 13 and session 14), fixed income comes with an exam weight of 10% and two study sessions(session 15 and session 16). Fixed income weighs ten percent of the exam weight. It includes two study sessions. Derivatives follow with an exam weight of just 5% and a single study session (session 17), the last and final part is alternative investments which weigh just four percent and includes the final study session (session 18)

As long as you are a candidate you have access to the curriculums e-book once registration of exams is completed. A print copy of the curriculum is also available for candidates to purchase during or after exam registration. With the e-book, you can access all the digital notes, copy and paste curriculum text as well as export your notes to a text file. You can also conduct searches easily, and you can choose either a single volume of the curriculum or the entire curriculum for the exam.

The CFA Institute members have free access to the curriculum and can download refresher readings; members can also purchase the full curriculum which is available in the same format as the one meant for candidates. The CFA program curriculum costs 150 USD and can be ordered through the CFA Institute account. The CFA Institute does not give refunds or exchanges. The schedule study blocks across the day and look at the notes or go through study materials. Studying for the finals will be very stressful. However, it does not need to cause lots of stress. You need to make the plan, grab classmates, as well as take things a little slow. You will get ready for the exams before you know. After that, you may celebrate with everybody else! Suppose you’re studying for the exam or you want to learn material for the presentation, and you are wondering how much early you must start to study for CFA exam or how often you must review material to remember this.