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How is CFA doing in the country now?

The difficulty of the CFA exam at home and abroad is the same, because the CFA exam papers are the same all over the world. In order to ensure the fairness of candidates around the world, the association has unified CFA official questions wherever it is possible to take the CFA exam.

CFA Level 1 exam question types

The Level 1 exam (single-choice questions) has a total of 240 questions (120 questions each in the morning and afternoon), focusing on tools and techniques, including Introduction to asset valuation and securities management skills, mainly testing candidates’ tools and basic concepts in investment evaluation and management.

CFA Level 2 exam question types

Level 2 exam (objective questions)*** has 120 multiple choice questions (10 cases each in the morning and afternoon, six questions in each case ), focusing on asset valuation, including the application of relevant tools and basic techniques (such as economics, accounting and numerical analysis, etc.), and mainly examining the ability of asset valuation.

CFA Level 3 exam question types

Essay + multiple choice questions

The CFA Level 3 exam consists of Essay in the morning and multiple choice questions in the afternoon.

Focus on securities management and the use of relevant analytical tools in securities and fixed income securities strategies, mainly in-depth examination of portfolio management and asset allocation capabilities.