2023年CFA一級考綱變動有哪些？

發(fā)布時間：2022-08-10 09:11編輯：融躍教育CFA

2023年CFA一級考綱變動有哪些？在2023年CFA一級新考綱下，定量分析、財務(wù)報表分析、權(quán)益、固定收益、職業(yè)倫理考綱無變化。

2023年CFA一級新考綱變動

經(jīng)濟學(xué)：經(jīng)濟學(xué)2023年考綱新增加1個reading，內(nèi)容為地緣政治相關(guān)。

新增內(nèi)容：Geopolitics

The candidate should be able to:

describe geopolitics from a cooperation versus competition perspective.

describe geopolitics and its relationship with globalization.

describe tools of geopolitics and their impact on regions and economies.

describe geopolitical risk and its impact on investments.

1. 新增2個Reading，分別為Corporate Structures and Ownership公司結(jié)構(gòu)和Business Models & Risks所有權(quán)、商業(yè)模型和風(fēng)險。

Corporate Structures and Ownership

The candidate should be able to:

compare business structures and describe key features of corporate issuers.

compare public and private companies.

compare the financial claims and motivations of lenders and owners

Business Models & Risks

The candidate should be able to:

Describe key features and types of business models.

Describe expected relations between a company’s external environment, business model, and financing needs.

Explain and classify types of business and financial risks for a company

2. Uses Of Capital更改為Capital Investments，并增加了關(guān)于資本項目分類的相關(guān)內(nèi)容：

describe types of capital investments made by companies.

3. Sources of Capital更改為Working Capital & Liquidity，增加了關(guān)于營運資本、流動性和短期融資需求之間關(guān)系相關(guān)內(nèi)容：

explain expected relations between working capital, liquidity, and short-term funding needs (NEW).

4. Introduction To Corporate Governance And Other ESG Considerations 部分考綱進(jìn)行調(diào)整，考綱中未闡述關(guān)于Corporate Governance，functions and responsibilities of BOD and its committees等部分內(nèi)容要求。

衍生品：衍生品2023年考綱變動主要為內(nèi)容順序的調(diào)整，主體內(nèi)容沒有大幅的增減，將部分二級內(nèi)容移到一級。

如：describe how swap contracts are similar to but different from a series of forward contracts

加重對于swap合約考察。

另類投資：另類投資2023年考綱無變化，只是把2022年考綱中的explain investment characteristics of private capital拆分成了 explain investment characteristics of private equity 和 explain investment characteristics of private debt。無本質(zhì)區(qū)別，對考試無影響。

投資組合管理：投資組合管理2023年考綱變動為內(nèi)容的部分更新。

1. 組合風(fēng)險和收益Part I：更新content added to support risk management for international investment with currency risk。

更新國際投資中的貨幣風(fēng)險管理內(nèi)容。

2. Fintech in investment management中更新：updated contend to reflect recent evolution in decentralized finance（DeFi） and block chain.

更新了Fintech這一章節(jié)去中心化金融和區(qū)塊鏈的最新發(fā)展。