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2006 CFA Program Study Guides

2006 Level I Study Guide

Introduction (PDF) contains CFA Program outline, preparation tips for Level I examination, tips for taking Level I examination, and more.


To read documents in PDF format, you will need Adobe Acrobat Reader. Please go to the CFA Institute Helpdesk to obtain the free Acrobat Reader from Adobe's website and for instructions on how to download PDF files.

Functional Area

Topic

Study Sessions

Readings

Ethical and Professional Standards

Ethical and Professional Standards (PDF)

1

1-5

Quantitative Methods (PDF)

2 and 3

6-13

Economics (PDF)

4-6

14-28

Tools and Inputs

Financial Statement Analysis (PDF)

7-10

29-44

Corporate Finance (PDF)

11

45-51

Equity Investments (PDF)

12 and 13

52-61

Asset Valuation

Fixed Income (PDF)

14 and 15

62-68

Derivative Investments (PDF)

16

69-74

Alternative Investments (PDF)

17

75

Portfolio Management

Portfolio Management (PDF)

18

76-79


多谢

多谢

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非常感谢.[em17]
这些水滴虽然轻柔,但它们却从那或高或低的地方,经久不息地前仆后继地附坠落着,飘洒着,它们不断地、反复地飞吻顽石,年久日深,顽石怎么能够不被击穿呢?

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thanks

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thanks very much

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Thank you!

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ding!!

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Level II Study Guide Outline

Introduction (PDF) contains CFA Program outline, tips for preparation for the Level II examination, tips for taking the Level II examination, and more.

To read documents in PDF format, you will need Adobe Acrobat Reader. Please go to the CFA Institute Helpdesk to obtain the free Acrobat Reader from Adobe's website and for instructions on how to download PDF files.

Study Session

Topic

Readings

1 and 2

Ethical and Professional Standards (PDF)

Standards of Practice Handbook, 9th edition
2006 CFA Level II Candidate Readings:
Soft Dollar Standards; Research Objectivity Standards; Holden; Huot; Van Schyndel; Standards Reporter (2 articles); Train & Melfe

3

Quantatitive Methods (PDF)

Quantatitive Methods for Investment Analysis, 2nd edition (DeFusco, McLeavey, Pinto, & Runkle), Ch. 7-9

4

Economics (PDF)

International Investments, 5th edition (Solnik & McLeavey), Ch. 1, 2, 4
2006 CFA Level II Candidate Readings:
Dornbusch, Fischer, & Startz (2); Gwartney, Stroup, Sobel, & Macpearson (3 chapters); Benninga & Sarig

5-7

Financial Statement Analysis (PDF)

The Analysis and Use of Financial Statements, 3rd edition (White, Sondhi, & Fried), Ch. 4, 6, 8-11, 13, 15, 17
Financial Shenanigans, 2nd edition (Schilit), Ch. 2, 3, 7, 8, 12
Investment Analysis and Portfolio Management, 7th edition (Reilly & Brown), Ch. 10
2006 CFA Level II Candidate Readings:
Giroux (4 chapters); PricewaterhouseCoopers article

8-9

Corporate Finance (PDF)

Fundamentals of Financial Management, 8th edition (Brigham & Houston), Ch. 9-13
2006 CFA Level II Candidate Readings:
McEnally & Kim: Troughton & Clark; Brealey, Myers, & Allen (2 chapters)

10

Basic Valuation Concepts (PDF)

Analysis of Equity Investments: Valuation (Stowe, Robinson, Pinto, & McLeavey), Foreword, Ch. 1
International Investments, 5th edition (Solnik & McLeavey), Ch. 5, 6
2006 CFA Level II Candidate Readings:
Copeland, Koller, & Murrin

11-13

Equity Investments (PDF)

Analysis of Equity Investments: Valuation (Stowe, Robinson, Pinto, & McLeavey), Ch. 2-5
Investment Analysis and Portfolio Management, 7th edition (Reilly & Brown), Ch. 15, 24
2006 CFA Level II Candidate Readings:
Porter; Hooke; Dinwoodie; Abate & Grant

14-15

Fixed Income Investments (PDF)

Fixed Income Analysis for the Chartered Financial Analyst ® Program, 2nd edition (Fabozzi), Ch. 8-12, 15

16-17

Derivative Investments (PDF)

Analysis of Derivatives for the CFA® Program (Chance), Ch. 2-5
Fixed Income Analysis for the Chartered Financial Analyst® Program, 2nd edition, (Fabozzi), Ch. 13
Investment Analysis and Portfolio Management, 7th edition (Reilly & Brown), Ch. 24
2006 CFA Level II Candidate Readings:
McDonald

18

Portfolio Management (PDF)

Investment Analysis and Portfolio Management, 7th edition (Reilly & Brown), Ch. 7-9
2006 CFA Level II Candidate Readings:
Maginn, Tuttle, McLeavey & Pinto

Study Review

Online Sample Examination

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Level III Study Guide Outline

Introduction(PDF)Contains CFA Program outline, preparation tips for the Level III examination, tips for taking the Level III examination, and more.

To read documents in PDF format, you will need Adobe Acrobat Reader. Please go to the CFA Institute Helpdesk to obtain the free Acrobat Reader from Adobe's website and for instructions on how to download PDF files.

Study Session

Topic

Readings

1-2

Ethical and Professional Standards (PDF)

Standards of Practice Handbook, 9th edition
2006 CFA Level III Candidate Readings:
Lawton; Huot; Holden; Jennings; McEnally & Kim

3

Quantatitive Methods (PDF)

Quantatitive Methods for Investment Analysis (DeFusco, McLeavey, Pinto, & Runkle), Ch. 9-11

4

Economics (PDF)

Irrational Exhuberance, 2nd edition (Shiller), Ch. 1, 3, 4
2006 CFA Level III Candidate Readings:
Grinold & Kroner; Siegel (2 chapters); Shenfeld; Baumohl (2 chapters)

5

Market Indexes and Global Equity Investments (PDF)

International Investments, 5th edition (Solnik & McLeavey), Ch. 9
2006 CFA Level III Candidate Readings:
Reilly & Brown; Hooke (2 chapters); Copeland, Koller, & Murrin

6-7

Fixed Income Investments (PDF)

Fixed Income Readings for the Chartered Financial Analyst® Program, 2nd edition (Fabozzi, ed.), Ch. 1-6

8

Alternative Investments (PDF)

2006 CFA Level III Candidate Readings:
Shilling; Hudson-Wilson, Fabozzi, & Gordon; Prowse; Smith & Smith; Pratt; Reilly & Schweihs (2 chapters); Winkelmann, Clark, Rosengarten & Tyagi; Clark; Anson; Anson (2 chapters)

9-18

Portfolio Management (PDF)

The Psychology of Investing, 2nd edition (Nofsinger), Ch. 1-7
Fixed Income Readings for the Chartered Financial Analyst® Program, 2nd edition (Fabozzi, ed.) Ch. 7-9
Analysis of Derivatives for the CFA® Program (Chance), Ch. 6-8
International Investments, 5th edition (Solnik & McLeavey), Ch. 11-13
2006 CFA Level III Candidate Readings:
Maginn, Tuttle, McLeavey, & Pinto; Bronson, Scanlan, & Squires; Barberis & Thaler; Bryne; Tschampion, Siegel, Takahashi & Maginn; Olson; Sharpe, Chen, Pinto, & McLeavey; Arnott; Burns; Plaxco, & Moore; Stulz; Christopherson & Williams; Hill; Sauter; Loftus; Wagner & Edwards; Schwartz & Wood; Chance, Grant, & Marsland; Bailey, Richards, & Tierney; Dor & Jagannathan; Siegel (2 chapters); Belden & Waring; Siegel; Lawton & Remington

Study Review

Past Examination Questions and Guideline Answers (2003, 2004, and 2005)
Online Selected Response-Item Set Sample Examination and Guideline Answers

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