Topic Level I Level II Level III
Ethical and Professional Standards 15-20% 10-15% 10-15%
Quantitative Methods 8-12% 5-10% 0%
Economics 8-12% 5-10% 5-10%
Financial Statement Analysis 13-17% 10-15% 0%
Corporate Issuers 8-12% 5-10% 0%
Portfolio Management 5-8% 10-15% 35-40%
Equity Investments 10-12% 10-15% 10-15%
Fixed Income 10-12% 10-15% 15-20%
Derivatives 5-8% 5-10% 5-10%
Alternative Investments 5-8% 5-10% 5-10%
  •   These weights are intended to guide the curriculum and examination development processes. Actual exam weights may vary slightly from year to year. Please note that some topics are combined for testing purposes.