- CFA Exams
- 2025 CFA Level I Exam Topics
CFA Exam Structure
Taking the 2026 CFA Level I Exam? Click here for the topic list.
| # | Topic | Exam Weight | Questions | 
|---|---|---|---|
| 1 | Quantitative Methods | 6-9% | 676 | 
| 2 | Economics | 6-9% | 581 | 
| 3 | Corporate Issuers | 6-9% | 432 | 
| 4 | Financial Statement Analysis | 11-14% | 1140 | 
| 5 | Equity Investments | 11-14% | 536 | 
| 6 | Fixed Income | 11-14% | 771 | 
| 7 | Derivatives | 5-8% | 286 | 
| 8 | Alternative Investments | 7-10% | 201 | 
| 9 | Portfolio Management | 8-12% | 392 | 
| 10 | Ethical and Professional Standards | 15-20% | 356 | 
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         2025 Level I
      
      
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