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2023’s Curriculum

CFA Level 1 Topic Study Order


(73 Learning Modules in total)
1) Quantitative Methods (first part) LM 1-3 1 2 3
2) Financial Reporting & Analysis (FRA) LM 16-27 16 17 18 19 20 21 22 23 24 25 26 27
3) Fixed Income LM 42-47 42 43 44 45 46 47
4) Equity LM 39-41 first, then 36-38 39 40 41 36 37 38
5) Alternative Investments LM 58-60 58 59 60
6) Derivatives LM 48-57 48 49 50 51 52 53 54 55 56 57
7) Corporate Issuers LM 28-35 28 29 30 31 32 33 34 35
8) Quantitative Methods (second part) LM 4-7 4 5 6 7
9) Portfolio Management LM 61-68 61 62 63 64 65 66 67 68
10) Economics LM 8-15 8 9 10 11 12 13 14 15
11) Ethics LM 69-73 69 70 71 72 73

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