All 180 questions are . However, there are two formats:
To register for the CFA Level 1 exam, you must meet one of the following criteria:
Gone are the days of paper and pencil. Level 1 is now fully computerized. cfa level 1 details
CFA Level 1 is not a test of genius; it is a test of discipline. 80% of candidates quit the CFA program before Level 3. If you can commit 300 focused hours and follow the details in this guide, you are already ahead of the curve.
(CFA) designation, widely considered the "gold standard" in the investment industry. It tests foundational knowledge and comprehension of investment tools and ethical standards. soleadea.org 🏛️ Exam Format & Structure The exam is a computer-based test (CBT) consisting of 180 multiple-choice questions split into two sessions. UWorld Finance Total Testing Time: 4 hours and 30 minutes (2.25 hours per session). Question Style: All 180 questions are
These two topics alone can account for over 30% of your score. If you fail these, passing the exam becomes statistically very difficult.
Do not walk into the testing center without having completed at least 3–4 full-length mock exams. Level 1 is as much about time management as it is about knowledge. CFA Level 1 is not a test of
Often considered the "heavy lifting" of Level 1, this topic teaches you how to read and analyze financial statements.