Cfa exam is divided into three levels and held twice a year. Cfa Level 2 and CFA Level 3 are held once a year in June, and CFA Level 1 exams are held in June and 65438+February every year.
CFA Level 1 (focusing on knowledge and understanding) Level 1 exam (multiple choice questions) consists of 240 questions (120 questions in the morning and afternoon respectively), focusing on tools and skills, including the introduction of asset appraisal and securities management skills, and mainly examining candidates' tools and basic concepts in investment evaluation and management.