The Level 1 syllabus is broad, covering 10 topic areas. These are grouped into four functional modules: Ethics and Professional Standards
Analyzing income statements, balance sheets, and cash flows. Market organization, efficiency, and basic valuation tools. Fixed Income Bond features, valuation, and interest rate risk. Portfolio Management Risk and return concepts and individual behavioral biases. Alternative Investments Real estate, hedge funds, and private capital. Quantitative Methods Time value of money, probability, and linear regression. Economics cfa level 1 details
