2024年CFA二級(jí)考試安排如下圖所示:
(點(diǎn)擊咨詢(xún),專(zhuān)業(yè)老師1V1指導(dǎo))
CFA二級(jí)報(bào)名要求
報(bào)名參加CFA二級(jí)考試,需要通過(guò)CFA一級(jí)考試。
以本科在校生身份參加CFA一級(jí)考試的考生,最早可選擇處于學(xué)士學(xué)位課程或同等項(xiàng)目畢業(yè)月份前11個(gè)月及以?xún)?nèi)的考試窗口。例如,2025年6月畢業(yè)的四年制本科在校生,若已經(jīng)通過(guò)CFA一級(jí)考試,最早可報(bào)名大三暑假(2024年8月)的CFA二級(jí)考試。
證件要求:和一級(jí)考試一樣,報(bào)名和參加CFA考試須持有效的國(guó)際旅行護(hù)照。對(duì)于計(jì)劃在中國(guó)內(nèi)地參加CFA考試的考生,除護(hù)照之外,也可以使用中華人民共和國(guó)居民身份證進(jìn)行考試報(bào)名。
CFA二級(jí)報(bào)名費(fèi)
早鳥(niǎo)階段報(bào)名費(fèi):$940
標(biāo)準(zhǔn)階段報(bào)名費(fèi):$1250
其它費(fèi)用:
首次報(bào)名注冊(cè)費(fèi):$350(僅需支付一次)
紙質(zhì)版教材:$150(可自選)
電子版教材費(fèi):$49(可自選)
補(bǔ)充題庫(kù):$299(可自選)
CFA二級(jí)考綱變動(dòng)詳情
1.考綱細(xì)則無(wú)變動(dòng)的科目
固收:原來(lái)的5個(gè)Reading現(xiàn)調(diào)整為5個(gè)Learning Module??季V細(xì)則無(wú)變動(dòng)。
道德:原來(lái)的3個(gè)Reading現(xiàn)調(diào)整為3個(gè)Learning Module??季V細(xì)則無(wú)變動(dòng)。
衍生:原來(lái)的2個(gè)Reading現(xiàn)調(diào)整為2個(gè)Learning Module??季V細(xì)則無(wú)變動(dòng),僅順序有一定微調(diào)。
經(jīng)濟(jì):原來(lái)的3個(gè)Reading現(xiàn)調(diào)整為3個(gè)Learning Module??季V細(xì)則無(wú)變動(dòng)。僅將原Reading 7 Economic growth and the investment decision的標(biāo)題變成Learning Module 2 Economic growth,考綱細(xì)節(jié)內(nèi)容無(wú)變動(dòng)。
另類(lèi):原來(lái)的3個(gè)Reading現(xiàn)調(diào)整為5個(gè)Learning Module??季V細(xì)則無(wú)變動(dòng)。但新考綱Module 3 LOS a-b,將原考綱k,l中對(duì)REITS的描述改為publicly traded real estate securities。
2.考綱細(xì)則刪除的科目
組合:原來(lái)的7個(gè)Reading現(xiàn)調(diào)整為7個(gè)Learning Module。
原Reading 42 Economics and investment markets對(duì)應(yīng)的是Learning Module 5。
?其中刪除了一條考綱k describe how economic analysis is used in sector rotation strategies。
權(quán)益:原來(lái)的8個(gè)Reading現(xiàn)調(diào)整為4個(gè)Learning Module。
?刪除Reading 21 Return concepts收益概念和Reading 22 Industry and company analysis公司和行業(yè)分析,其余部分考綱細(xì)則不變,僅考綱順序進(jìn)行了微調(diào)。
3.考綱細(xì)則新增的科目
財(cái)報(bào):原來(lái)的6個(gè)Reading現(xiàn)調(diào)整為7個(gè)Learning Module。
新增考綱:Financial Statement Modeling財(cái)務(wù)報(bào)表建模
全章節(jié)新增,部分內(nèi)容與2022年權(quán)益Reading 22 Industry and company analysis行業(yè)和公司分析接近。
新增考綱細(xì)則如下:
?。?)compare top-down,bottom-up,and hybrid approaches for developing inputs to equity valuation models
(2)compare“growth relative to GDP growth”and“market growth and market share”approaches to forecasting revenue
?。?)evaluate whether economies of scale are present in an industry by analyzing operating margins and sales levels
?。?)demonstrate methods to forecast cost of goods sold and operating expenses
(5)demonstrate methods to forecast non-operating items,financing costs,and income taxes
?。?)describe approaches to balance sheet modeling
?。?)demonstrate the development of a sales-based pro forma company model
?。?)explain how behavioral factors affect analyst forecasts and recommend remedial actions for analyst biases
(9)explain how competitive factors affect prices and costs
?。?0)evaluate the competitive position of a company based on a Porter’s five forces analysis
?。?1)explain how to forecast industry and company sales and costs when they are subject to price inflation or deflation
?。?2)evaluate the effects of technological developments on demand,selling prices,costs,and margins
(13)explain considerations in the choice of an explicit forecast horizon
?。?4)explain an analyst’s choices in developing projections beyond the short-term forecast horizon
數(shù)量:原來(lái)的5個(gè)Reading現(xiàn)調(diào)整為7個(gè)Learning Module。
?刪除原Reading 1 Introduction to linear regression一元線性回歸內(nèi)容下放到一級(jí)數(shù)量中的最后一個(gè)模塊。
原Reading 2 Multiple regression多元回歸內(nèi)容拆分成4個(gè)模塊module 1-module 4。
與原Reading 2考綱細(xì)節(jié)做比對(duì),考綱的順序、表示和知識(shí)點(diǎn)都有較大變化,部分考綱進(jìn)行了拆分,變化結(jié)果如下:
?考綱刪除3條:
(1)formulate a null and an alternative hypothesis about the population value of.a regression coefficient,calculate the value of the test statistic,and determine whether to reject the null hypothesis at a given level of significance;
?。?)interpret the results of hypothesis tests of regression coefficients;
?。?)evaluate and interpret a multiple regression model and its results.
??考綱新增2條:
(1)describe the types of investment problems addressed by multiple linear regression and the regression process
?。?)describe influence analysis and methods of detecting influential data points
原Reading 4對(duì)應(yīng)的是module 6。其中新增了一條考綱f describe supervised machine learning,unsupervised machine learning,and deep learning.
公司金融:考綱變動(dòng)最大的科目。原來(lái)的5個(gè)Reading現(xiàn)調(diào)整為4個(gè)Learning Module。
?刪除原Reading 15 Capital Structure資本結(jié)構(gòu)章節(jié)和Reading 19 Capital Budgeting資本預(yù)算章節(jié),精簡(jiǎn)并下放到一級(jí)。
??新增:Cost of Capital:Advanced Topics
新增考綱細(xì)則如下:
?。?)explain top-down and bottom-up factors that impact the cost of capital
?。?)Compare methods used to estimate the cost of debt.
?。?)explain historical and forward-looking approaches to estimating an equity risk
premium
?。?)compare methods used to estimate the required return on equity
(5)estimate the cost of debt or required return on equity for a public company and a private company
?。?)evaluate a company’s capital structure and cost of capital relative to peers
原Reading 18 Measures and Acquisitions兼并收購(gòu)章節(jié)調(diào)整為L(zhǎng)earnings Module 4 Corporate Restructurings企業(yè)重組,章節(jié)內(nèi)容完全重寫(xiě),新增內(nèi)容為各種公司重組事件、他們的分析和納入財(cái)務(wù)模型的預(yù)測(cè)和估值。
企業(yè)重組模塊考綱細(xì)則如下:
?。?)explain types of corporate restructurings and issuers’motivations for pursuing them
(2)explain the initial evaluation of a corporate restructuring
?。?)demonstrate valuation methods for,and interpret valuations of,companies involved in corporate restructurings
?。?)demonstrate how corporate restructurings affect an issuer’s EPS,net debt to EBITDA ratio,and weighted average cost of capital
(5)evaluate corporate investment actions,including equity investments,joint ventures,and acquisitions
?。?)evaluate corporate divestment actions,including sales and spin offsevaluate cost and balance sheet restructurings