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What's your guess on item sets distribution?

My guess:

5 Equity
4 Financial reporting
2 Ethics
2 Fixed Income
2 Derivatives
1 Quant
1 Econ
1 Portfolio Management
1 Corporate Finance
1 Alternative Investments

4 Equity
4 Financial reporting
2 Ethics
1 Fixed Income
2 Derivatives
1 Quant
1 Econ
2 Portfolio Management
2 Corporate Finance
1 Alternative Investments

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There is nothing to "guess." Despite the provided ranges, the topic weights have been the same the past few years:

4 Equity (20%)
4 Financial reporting (20%)
2 Ethics (10%)
2 Fixed Income (10%)
2 Derivatives (10%)
2 Corporate Finance (10%)
1 Quant (5%)
1 Econ (5%)
1 Portfolio Management (5%)
1 Alternative Investments (5%)

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I think the institute will throw us a curve ball:

5 Equity
5 Financial reporting
2 Ethics
2 Fixed Income
2 Derivatives
2 Quant
1 Econ
1 Portfolio Management
0 Corporate Finance
0 Alternative Investments

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Corp fi was 10% last year so I highly doubt they'd drop the weight to zero.

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I also think a curveball will be thrown at test takers. I think:

1 Equity (5%)
1 Financial reporting (5%)
1 Ethics (5%)
1 Fixed Income (5%)
11 Derivatives (55%)
1 Corporate Finance (5%)
1 Quant (5%)
1 Econ (5%)
1 Portfolio Management (5%)
1 Alternative Investments (5%)

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^
Level II: FAIL

Equity --*
Financial reporting --*
Ethics --*
Fixed Income --*
Derivatives *--
Corporate Finance --*
Quant --*
Econ --*
Portfolio Management --*
Alternative Investments --*

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