Level 1 of the CFA program builds the fundamental knowledge required for a career in the investment finance industry. The course is divided into 10 subjects. Exam is divided into two sessions, with 4 subjects tested in the morning and 6 in the afternoon. The exams are computer based and happen 4 times in a year (Feb, May, Aug, Nov). IMS Proschool is a leading prep provider of CFA for the faculty-led training, both online and offline.
Study module wise:
Includes preparatory module and revision module
Learn from industry experts:
Faculties from top institutes with rich industry experience
Skills for core finance:
Learn the most important skills for Investment Finance profiles
About the Course
According the CFA Institute, “The CFA® Program curriculum for the Level I exam is focused on the knowledge and comprehension of investment tools and asset classes, as well as portfolio management and ethical and professional standards.”
Ethical and Professional Standard
Ethical and Professional Standard
Financial Reporting and Analysis
Portfolio Management and Analysis
Certification from IMS Proschool and NSDC
Awarded on clearing all end-terms exams that would include a combination of a online exam and project-work submission.
Proschool is one of the leading NSDC-approved institutes of skill development in India, with a strong presence in technology, finance and accounting domains. It brings a strong understanding of the industry needs and a unique “active learning” approach to skill development.
CFA level 1 exam is held in two sessions of 135 minutes each. It consists of 180 multiple choice questions, and you also get optional breaks in-between.
What additional CFA level 1 exam preparation & resources do IMS ProSchool provide along with the sessions?
Along with the sessions, IMS ProSchool provides two different options for attending those sessions, an online program and a classroom program. You also get 5 mock tests and 2000+ Practice Questions. IMS Proschool also provides 1:1 mentorship to the students from mentors who are all CFA Level 1 candidates and industry experts.
What is CFA Level 1 Expected salary?
You can expect a salary of around 40 thousand per month in the beginning after passing the CFA Level 1 exam. But it depends on the company and the city you are based in. In a metro city like Mumbai or Bangalore, you can even get up to 45K each month on a beginner level.
Is CFA better than MBA?
It depends on your goals. If you have decided that you want to pursue a career in finance, then CFA is a better choice than MBA. CFA is more affordable than MBA and is more finance-specific as well. If you are still figuring out which subject to choose, then you can go for an MBA. But from a finance perspective, CFA is better than MBA in every aspect.
Does CFA Level 1 expire?
No, CFA certifications do not expire. The certification states that you have cleared CFA Level 1 exam and that you do acquire the list of skills and knowledge tested.
What are the requirements to sit for the CFA exam Level 1?
To sit for the CFA Level 1 exam, you’ll need a bachelor’s degree or at least be in the last year of any three-year degree program. You can also apply for this exam if you have 4,000 hours of relevant work experience. You’ll need an international travel passport as well before you enrol in the CFA Program to take the exams.
What is the registration fee for the CFA level exam?
Candidates will have to pay an enrollment fee of USD 450 one time. After that, the CFA level 1 registration fee is USD 700 for those students who apply within the early registration deadlines. After that, you’ll have to pay USD 1000.
CFA level 1 enrollment fee
Early registration fee
Standard registration fee
How many times can you take CFA Level 1?
The candidates get a maximum of 6 attempts to clear the CFA Level 1 exam. However, you can only take the exam twice in a one year period, but the gap between two attempts should be 6 months or more.
How difficult is CFA Level 1?
While the curriculum of the CFA Level 1 is vast, it’s not that difficult to understand with the right preparation. The hard part of the exam is a large number of questions you’ll have to solve in the exam itself. The difficulty can be compared to a diploma level curriculum. But just like every other exam, you can clear CFA Level 1 with proper mentorship and regular practice.
Is CFA in demand?
Countries like China, USA, Canada, UK and Australia have high demands for CFA candidates. This is because CFA is a course centred around everything related to finance, from procurement to management. MNCs in the finance sector are always on the lookout for CFA passed candidates as they are skilled in finance and have practical experience due to the course. CFA is very much in demand, and it will always stay in demand in the finance sector.
Is maths compulsory for CFA?
Yes, maths is compulsory for CFA. You cannot pass the CFA exam without maths. But on the bright side, CFA relies more on analytical skills than mathematical skills. By enrolling in IMS ProSchool’s CFA level 1 classes, you can easily improve your maths to pass the CFA exams.
Is CFA all multiple choice?
Yes, all three levels of CFA have multiple-choice questions.
Can you get a CFA without a degree?
No, you cannot get a CFA certificate without a degree. There is no precise requirement for the type of degree, but a degree is a must. You can even apply for the exam when you are in the last year of your degree.
Is there a break between the two sessions of the CFA Level 1 exam?
Yes. Candidates get an optional in-between break of 30 minutes during the CFA level 1 exam.
How much study time do I need for the Level 1 exam?
To prepare for the Level 1 exam, you’ll need to study for an average of 300 hours in total. If you study for an average of 2.5 hours for 4 months, you can prepare really well for your CFA Level 1 exam. This time is for self-study only; your learning sessions are not to be included here.