CFA一級考試(共180道選擇題)
第一場考試(2小時15分鐘):90道選擇題,涵蓋4個科目:道德和職業標準、定量方法、經濟學、財務報表分析。
第二場考試(2小時15分鐘):90道選擇題,涵蓋6個科目:企業發行人、權益投資、固定收益、衍生品、另類投資和投資組合管理。
每個選擇題題目包含一個問題、題目陳述和/或表格以及三個選項(A、B、C)。題目的兩種基本形式如下,所有問題分值相同,答錯不扣分。
句子填空題,有三個選項
問答題,有三個選項
例題1:句子填空題
An analyst suspects that a company’s US GAAP financial statements may require adjustments because the company uses take-or-pay contracts. The most likely effect of the appropriate adjustments would be to increase the company’s:
A. return on assets.
B. debt-to-equity ratio.
C. interest coverage ratio.
例題2:問答題
An analyst suspects that a company’s US GAAP financial statements may require adjustments because the company uses take-or-pay contracts. Which of the following is most likely to increase as a result of the appropriate adjustments being made to the company’s financial statements?
A. Return on assets
B. Debt-to-equity ratio
C. Interest coverage ratio
樣題測試
掃碼查看CFA一級考試“模擬小測試”,通過20道樣題詳細了解考試題型。
一級考試樣題測試,掃碼打開鏈接
CFA三級考試(基于案例的選擇題和論述題)
第一場考試(2小時12分鐘):案例描述+論述題和選擇題。
第二場考試(2小時12分鐘):案例描述+選擇題,共計44道選擇題,每題3分。
具體科目的考核內容將隨機出現在兩場考試中,所有科目可能僅出現在第一場或者第二場考試中,也有可能在兩場考試中都出現。每個案例在開始部分會提供科目說明和總分值。如以下示例,案例考核科目為經濟學,題目總分值為15分:
TOPIC: ECONOMICS
TOTAL POINT VALUE OF THIS QUESTION SET IS 15 POINTS
樣題參考
一個論述題中包含的多個問題可能是相互關聯的。參考以下兩個示例:
示例1
問題1為選擇題:
The bond that best meets the advisor’s objective is:
(You will be asked to justify this response when answering the next question.)
A:Bond X.
B:Bond Y.
C:Bond Z.
問題2為相關的寫作題:
Justify your previous response with two reasons.
Note: Each justification should be in a separate paragraph.
示例2
問題1為選擇題:
Select the strategy that best meets the client’s requirements.
(You will be asked to explain why the other two strategies are less appropriate in the next question.)
A:Put spread
B:Covered call
C:Cashless collar
問題2為相關的寫作題:
Explain why the two strategies not selected in the previous question are less appropriate, referencing two characteristics for each.
Note: Each strategy explanation, with its two characteristics, should be in a separate paragraph.
準備了三個案例,分別出自道德操守與專業行為準則、衍生品的風險管理應用、GIPS(全球投資業績標準),共計18道選擇題,作為三級考試中第二場考試的樣題,僅供參考示例。
CFA三級考試樣題測試,掃碼打開鏈接