I. Ethical and Professional Standards
- Professional Standards of Practice
- Ethical Practices
II. Quantitative Methods
- Time Value of Money
- Probability
- Probability Distributions and Descriptive Statistics
- Sampling and Estimation
- Hypothesis Testing
- Correlation Analysis and Regression
- Time Series Analysis
- Simulation Analysis
- Technical Analysis
III. Economics
- Market Forces of Supply and Demand
- The Firm and Industry Organization
- Measuring National Income and Growth
- Business Cycles
- The Monetary System
- Inflation
- International Trade and Capital Flows
- Currency Exchange Rates
- Monetary and Fiscal Policy
- Economic Growth and Development
- Effects of Government Regulation
- Impact of Economic Factors on Investment Markets
IV. Financial Reporting and Analysis
- Financial Reporting System (IFRS and GAAP)
- Principal Financial Statements
- Financial Reporting Quality
- Analysis of Inventories
- Analysis of Long-Lived Assets
- Analysis of Taxes
- Analysis of Debt
- Analysis of Off-Balance-Sheet Assets and Liabilities
- Analysis of Pensions, Stock Compensation, and Other Employee Benefits
- Analysis of Inter-Corporate Investments
- Analysis of Business Combinations
- Analysis of Global Operations
- Ratio and Financial Analysis
V. Corporate Finance
- Corporate Governance
- Dividend Policy
- Capital Investment Decisions
- Business and Financial Risk
- Long-Term Financial Policy
- Short-Term Financial Policy
- Mergers and Acquisitions and Corporate Restructuring
VI. Equity Investments
- Types of Equity Securities and their Characteristics
- Equity Markets: Characteristics, Institutions, and Benchmarks
- Fundamental Analysis (Sector, Industry, Company) and the Valuation of Individual Equity Securities
- Equity Market Valuation and Return Analysis
- Special Applications of Fundamental Analysis (Residual Earnings)
- Equity of Hybrid Investment Vehicles
VII. Fixed Income
- Types of Fixed-Income Securities and their Characteristics
- Fixed-Income Markets: Characteristics, Institutions, and Benchmarks
- Fixed-Income Valuation (Sector, Industry, Company) and Return Analysis
- Term Structure Determination and Yield Spreads
- Analysis of Interest Rate Risk
- Analysis of Credit Risk
- Valuing Bonds with Embedded Options
- Structured Products
VIII. Derivatives
- Types of Derivative Instruments and their Characteristics
- . Forward Markets and Instruments
- Futures Markets and Instruments
- Options Markets and Instruments
- Swaps Markets and Instruments
- Credit Derivatives Markets and Instruments
IX. Alternative Investments
- Types of Alternative Investments and their Characteristics
- Real Estate
- Private Equity/Venture Capital
- Hedge Funds
- Closely-held Companies and Inactively Traded Securities
- Distressed Securities/Bankruptcies
- Commodities
- Tangible Assets with Low Liquidity
X. Portfolio Management and Wealth Planning
- Portfolio Concepts
- Management of Individual/Family Investor Portfolios
- Management of Institutional Investor Portfolios
- Pension Plans and Employee Benefit Funds
- Investment Manager Selection
- Other Institutional Investors
- Mutual Funds, Pooled Funds, and ETFs
- Economic Analysis and Setting Capital Market Expectations
- Tax Efficiency
- Asset Allocation (including Currency Overlay)
- Portfolio Construction and Revision
- Equity Portfolio Management Strategies
- Fixed-Income Portfolio Management Strategies
- Alternative Investments Management Strategies
- Risk Management
- Execution of Portfolio Decisions (Trading)
- Performance Evaluation
- Presentation of Performance Results
Source: www.cfainstitute.org |
