Role of Equity Securities | CFA Level 1 - AnalystPrep (2024)

FAQs

Role of Equity Securities | CFA Level 1 - AnalystPrep? ›

Companies issue equity securities in the primary markets to raise capital and increase liquidity. Having public shares also gives the company another currency to make acquisitions with or incentivize employees.

Exam Pass Rates by Level

From 2012 to 2022, pass rates for the level 1 exam have averaged 41%. Since 2020, the average has been hovering around 37%.

The Chartered Financial Analyst credential is one of the most demanding exams on Earth when it comes to preparation and study time required. The average pass rate for the CFA Level 1 is only 41%. For Level 2, you're looking at a passage rate of 45%. And Level 3 is not much easier at 52%.

Hardest topics by CFA Level

Generally, our research shows that candidates' CFA Level 1 hardest topics are Financial Statement Analysis, Fixed Income, Quantitative Methods, Derivatives and Economics.

Very few candidates pass all three CFA exams on their first attempt. CFA Institute estimates it takes the average successful candidate four years to complete the CFA Program. So failing one level, if not two, makes you an average candidate.

ACCA exams are computer-based and can be taken at any time of the year, while CFA exams are paper-based and are offered once a year in June. 4) Difficulty: CFA is considered more difficult and requires more study time than ACCA. The pass rate for CFA exams is also lower than the pass rate for ACCA exams.

Passing the CFA Level I exam can help you get an entry-level finance job, such as intern, accountant, or investment analyst. It won't guarantee a job or a raise, but it shows your commitment and knowledge of basic financial concepts.

Take Practice Exams: Practice exams are an essential part of preparing for the CFA exams. They help you identify areas where you need improvement and get familiar with the exam format and timing.

How many hours to study for CFA level 1? ›

Studying for the CFA Level I exam is crucial, and it takes a substantial effort. There are no shortcuts. The one thing standing between you and success on the Level I CFA^® Program exam is hard work. CFA Institute recommends you aim to spend at least 300 hours preparing for the Level I exam.

The Python Programming Fundamentals PSM is available for Level I, Level II, and Level III.

CFA Level 1 tips to remember

Focus on the heavier weighted topics, it is especially important in Level 2 that you focus on heavy weighted topics as you cannot chose questions in the exam. Leave enough time for practice questions and mock exams!

If you can be 100% sure of the answers to half of the questions, and correctly guess at a 50% rate for the other half, you've just passed the exam!