Month Topics and Subtopics Study Time

Month 1 Ethics and Professional Standards 40 hours

1. Professionalism 10 hours

2. Code of Ethics and Standards of Professional Conduct 30 hours

Month 2 Quantitative Methods 50 hours

1. Time Value of Money 8 hours

2. Probability Concepts 8 hours

3. Probability Distributions 12 hours

4. Sampling and Estimation 10 hours

5. Hypothesis Testing 12 hours

Month 3 Economics 50 hours

1. Microeconomics: Supply and Demand Analysis 15 hours

2. Macroeconomics: The Global Economy 25 hours

3. Economics in a Global Context 10 hours

Month 4 Financial Reporting and Analysis 60 hours

1. Financial Statements: An Introduction 10 hours

2. Financial Statements: Analysis and Interpretation 20 hours

3. Inventories 5 hours

4. Long-Lived Assets 10 hours

5. Taxes 5 hours

6. Non-Current (Long-Term) Liabilities 10 hours

Month 5 Corporate Finance 50-60 hours

1. Capital Budgeting 10 hours

2. Cost of Capital 10 hours

3. Measures of Leverage 5 hours

4. Working Capital Management 10 hours

5. Corporate Governance 5 hours

6. Dividends and Share Repurchases: Basics 5 hours

Month Topics and Subtopics Study Time

7. Corporate Performance, Governance, and Business Ethics 5 hours

8. Financial Risk Management Techniques 5 hours

9. Financial Statement Analysis 5-10 hours

Month 6 Equity Investments 50-60 hours

1. Market Organization and Structure 5 hours

2. Security Market Indices 5 hours

3. Efficient Market Hypothesis 10 hours

4. Equity Market Valuation 15 hours

5. Industry and Company Analysis 15 hours

Month 7 Fixed Income and Derivatives 50-60 hours

1. Fixed-Income Securities: Defining Elements 5 hours

2. Fixed-Income Markets: Issuance, Trading, and Funding 10 hours

3. Introduction to Fixed-Income Valuation 15 hours

4. An Introduction to Asset-Backed Securities 5 hours

5. Introduction to Derivatives 15 hours

Month 8 Alternative Investments, Portfolio Management and Wealth Planning 30-40 hours for each section

1. Alternative Investments 30-40 hours

2. Portfolio Management and Wealth Planning 30-40 hours

Review and Practice 40 hours