You can take the exam as long as you :
- Have a bachelor’s (or equivalent) degree, or be in the final year of your bachelor’s degree at the time of registration, or have four years of qualified, professional work experience or a combination of work/college experience that totals four years
- Meet the professional conduct admission criteria
- Can take the exams in English
- Have a valid international travel passport
CFA Level 1 topics and their weightage
The Level I study program emphasizes tools, inputs and includes an introduction to asset valuation, financial reporting and analysis, and portfolio management techniques.
Ethical and Professional Standards-15%, Quantitative Methods-12%, Economics-10%, Financial Reporting and Anlaysis-20%, Corporate Finance-8%, Portfolio Management-5%, Equity-10%, Fixed Income-12%, Derivatives-5%, Alternative Investments- 3%.
CFA Level 1 Exam Format
- Level 1 Exam is 3 hours long and is divided into morning and afternoon sessions
- 240 total multiple choice questions, 120 in the morning session of the exam and 120 in the afternoon session. Each multiple choice question is free-standing (not dependent on other questions) and has three possible answers: A, B, and C. All questions are equally weighted and there is no penalty for guessing
- Level 1 can be taken in June and December Source: www.cfainstitute.org