CFA二级的考纲

1. Ethical and Professional Standards

1. Code of Ethics & Standards of Professional Conduct
2. Guidance for Standards 1-7
3. CFA Institute Research Objectivity Standards

2. Ethical and Professional Standards-Application

4. The Glenarm Company
5. Preston Partners
6. Super Selection
7. Trade Allocation: Fair Dealing and Disclosure
8. Changing Investment Objectives

3. Quantitative Methods for Valuation

9. Correlation and Regression
10. Multiple Regression & Issues in Regression Analysis
11. Time Series Analysis
12. Scenario analysis, Decision Trees, and Simulations

4. Economics for Valuation

13. Currency Exchange rates: Determination and Forecasting
14. Economic Growth & the Investing Decision
15. Economics of Regulation

5. Financial Reporting and Analysis

16. Inter-corporate Investments
17. Employee Compensation: Post-employment ad Share-based
18. Multinational Operations

6. Financial Reporting and Analysis

19. Evaluating Quality of Financial Reports
20. Integration of Financial Statement Analysis Techniques

7. Corporate Finance

21. Capital Budgeting
22. Capital Structure
23. Dividends and Share Repurchases: Analysis

8. Corporate Finance

24. Corporate Performance, Governance, and Business Ethics
25. Corporate Governance
26. Mergers and Acquisitions

9. Equity Valuation

27. Equity Valuation: Applications and Processes
28. Return Concepts

10. Equity Valuation

29. Industry and Company Analysis
30. Discounted Dividend Valuation

11. Equity Valuation

31. Free Cash Flow Valuation
32. Market-Based Valuation: Price & Enterprise Value Multiples
33. Residual Income Valuation
34. Private Company Valuation

12. Fixed Income

35. Term Structure and Interest Rate Dynamics
36. The Arbitrage-Free Valuation Framework

13. Fixed Income Analysis

37. Valuation and Analysis: Bonds with Embedded Options
38. Credit Analysis Models
39. Credit Default Swaps

14. Derivative Instruments

40. Pricing and Valuation of Forward Commitments
41. Valuation of Contingent Claims
42. Derivatives Strategies

15. Alternative Investments

43. Private Real Estate Investments
44. Publicly Traded Real Estate Securities
45. Private Equity Valuation
46. Commodities and Commodity Derivatives: an Introduction

16. Portfolio Management

47. the Portfolio Management Process and the Investment Policy Statement
48. An Introduction to Multifactor Models
49. Measuring and Managing Market Risk

17. Portfolio Management

50. Economics and Investment Market
51. Analysis of Active Portfolio Management
52. Algorithmic Trading and High-Frequency Trading