Reciting memory in cycles: When reading cfa vocabulary, you should read the content in cycles, such as cfa vocabulary you read in the morning, and then take out the vocabulary for memory before going to bed at night;

Classified memory: classify words by subjects or other methods;

Logical recitation and memory: words with logical connection in the same word group can be memorized together;

Contrastive memory method: recite and remember according to the concepts of opposites, relative words and similar words, that is, the way we say synonyms and antonyms;

Associative Recitation Memory:-Words of the same type or similar type are put together.

Sentence recitation and memory: put the words in a sentence, learn to use them, and try to remember this sentence;

Affix recitation memory: English words are composed of many different prefixes, suffixes and roots, which can be learned by splitting and combining;

Homophonic memory: memorizing vocabulary in a humorous way.

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What are the study books for cfa exam?

1, CFA original textbook

CFA Institute course is the original textbook of CFA Institute. There are six books in each level, all of which are very weighty. Divergent content, almost every chapter editor is different, so it also exists.

Questions/answers after class

In the middle or at the end of reading, some questions will be inserted in the Bluebox, and the answers will be found after the questions. The form of these questions is the form of examination questions, which need special attention.

Glossary and index.

Bold characters are important concepts in the course, which are explained in the last glossary and arranged alphabetically. There is also an Los index on the CFAInstitute website.

2. Note series

Kaplan, through years of CFA exam experience and refinement, is a counseling textbook with the essence of CFA knowledge. Most CFA exams are prepared with this set of textbooks, and you can choose according to your actual preparation situation.

It is suggested that candidates who don't have enough review time usually use electronic notes to cooperate with exercises after textbooks, which is a more suitable combination for preparing for exams.

3. Simulation series

The key to success lies in constant practice, imitation, model testing and so on. Every chapter you learn should be consolidated. As the exam approaches, it is necessary to do some mock exams.

However, it is best to focus on this year's mock, and don't easily do the topics of previous years. After all, the test sites have changed and the difficulty has changed. Also, doing problems is just a means; Mastering knowledge points is the goal. Find out what knowledge points you haven't mastered by doing the questions, then thoroughly understand and master them, review them frequently, and avoid forgetting them. This is the goal of study and the key to pass the exam smoothly.

Cfa exam subjects and key points

1, moral and professional standards.

This course focuses on ethics, challenges related to ethical behavior, and the influence of ethics and professional level in the investment industry. Candidates can learn to master a framework to support ethical decision-making and test CFA Institute's Standards of Ethics and Professional Conduct and Global Investment Performance Standards.

2. Quantitative method.

This subject mainly studies the quantitative concepts and techniques used in financial analysis and investment decision. Descriptive statistics used to convey important data attributes (such as concentration trend, location and dispersion) are put forward in the learning content, and the characteristics of income distribution, probability theory and its application in quantifying investment decision risk are introduced.

3. Economics

This course introduces the analysis of the basic concepts of supply and demand of individual consumers and enterprises, covering the concepts and principles of various market structures and macroeconomics in which companies operate, including the measurement of total output and total income, the analysis of total demand and total supply, and the analysis of economic growth factors. Finally, the business cycle and its influence on economic activities are introduced.

4, Financial Statement Analysis (financial statement analysis)

This course describes the process and management system of financial reporting in detail, focusing on the basic financial statements and how different accounting methods affect these statements and analysis, covering the main financial statements and the basic framework of financial statement analysis.

5. Company Issuer

This course introduces corporate governance, investment and financing decision-making, summarizes corporate governance and the general framework of understanding and analyzing corporate governance and stakeholder management, emphasizes the influence of environmental and social factors on the growing investment, and introduces how companies can use financial leverage and working capital to meet short-term business needs.

6. Equity investment

This course mainly studies the characteristics of equity investment, securities market and index, explains how to analyze industries, enterprises and equity securities with basic equity valuation models, and understands the importance of global stocks to achieve long-term growth and diversification goals.

7. Fixed income

This course explains how to describe fixed-income securities and their markets, yield indicators, risk factors, valuation indicators and drivers. In addition, it also covers the calculation of yield, the valuation of fixed-income securities, asset securitization, the basic rules of bond income and risk, and the basic principles of credit analysis.

8, Derivatives (derivatives)

This course constructs a conceptual framework for understanding basic derivatives and derivatives markets, introduces the basic characteristics and valuation concepts of forward commitments (such as forward, futures, swaps and contingent claims), and finally studies arbitrage, a key concept that links derivatives pricing with the price of underlying assets.

9, Alternative Investments (alternative investments)

This course explores alternative investments, including hedge funds, private equity, real estate, commodities and infrastructure, and covers the learning content of realizing diversification and high returns by using alternative investments. In addition, the meaning, similarities and differences of various alternative investments are expounded.

10, Portfolio Management and Wealth Planning (Ethics and Professional Standards)

This course focuses on the basic knowledge of portfolio and risk management, including investment return and risk measurement, as well as portfolio planning and construction. Dig deep into the needs of individual and institutional investors and a series of feasible investment schemes, and identify the minimum risk in the portfolio through the capital asset pricing model.

There are ten CFA exam subjects, and each subject has a corresponding focus. CFA candidates can study according to the key points corresponding to the examination subjects.

Secret of cfa exam clearance

1, make a study schedule, get rid of procrastination, and finish the course before the exam.

2. Learning methods and learning order are very important. The learning method is adjusted according to the individual's actual situation. Learning order recommendation: quantitative analysis-financial statement analysis-corporate finance-fixed income-economics-equity investment analysis-derivatives-other investments-portfolio. Professional ethics knowledge is the most independent, you can learn first and then learn.

3. After learning a chapter, do more exercises, which will help to evaluate the learning effect, understand the possible situation in the exam, find the weak links in time and strengthen the consolidation.

4. Prepare for the mock exam. Candidates are advised to take the mock exam provided by CFA one month before the exam. Taking the mock exam can not only help candidates evaluate their knowledge, but also help them prepare for the exam psychologically.