Paper 1: CFA Level II Exam
- Basics of Multiple Regression and Underlying Assumptions
- Evaluating Regression Model Fit and Interpreting Model Results
- Model Misspecification
- Extensions of Multiple Regression
- Time-Series Analysis
- Machine Learning
- Big Data Projects
- Currency Exchange Rates: Understanding Equilibrium Value
- Economic Growth
- Intercorporate Investments
- Employee Compensation: Post-Employment and Share-Based
- Multinational Operations
- Analysis of Financial Institutions
- Evaluating Quality of Financial Reports
- Integration of Financial Statement Analysis Techniques
- Analysis of Dividends and Share Repurchases
- Environmental, Social, and Governance (ESG) Considerations in Investment Analysis
- Cost of Capital: Advanced Topics
- Corporate Restructuring
- Equity Valuation: Applications and Processes
- Discounted Dividend Valuation
- Free Cash Flow Valuation
- Market-Based Valuation: Price and Enterprise Value Multiples
- Residual Income Valuation
- Private Company Valuation
- The Term Structure and Interest Rate Dynamics
- The Arbitrage-Free Valuation Framework
- Valuation and Analysis of Bonds with Embedded Options
- Credit Analysis Models
- Credit Default Swaps
- Pricing and Valuation of Forward Commitments
- Valuation of Contingent Claims
- Introduction to Commodities and Commodity Derivatives
- Overview of Types of Real Estate Investment
- Investments in Real Estate through Publicly Traded Securities
- Hedge Fund Strategies
- Economics and Investment Markets
- Analysis of Active Portfolio Management
- Exchange-Traded Funds: Mechanics and Applications
- Using Multifactor Models
- Measuring and Managing Market Risk
- Backtesting and Simulation
- Code of Ethics and Standards of Professional Conduct
- Guidance for Standard I: Professionalism
- Guidance for Standard II: Integrity of Capital Markets
- Guidance for Standard III: Duties to Clients
- Guidance for Standard IV: Duties to Employers
- Guidance for Standard V: Investment Analysis, Recommendations, and Actions
- Guidance for Standard VI: Conflicts of Interest
- Guidance for Standard VII: Responsibilities as a CFA Institute Member or CFA Candidate
- Application of the Code and Standards: Level II