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AAFM GLO_AFA_LVL_1 Exam Syllabus Topics:
| Section | Weight | Objectives |
| Introduction to Financial Markets | 15% | - International Finance & Regulation
- Macroeconomics & Policy
- Global Financial System
- Market Types & Instruments
|
| Corporate Finance | 25% | - Risk & Return Concepts
- Dividend Policy
- Cost of Capital & Capital Structure
- Capital Budgeting & Investment Decisions
|
| Fixed Income Security Analysis | 15% | - Bond Characteristics & Pricing
- Yield & Duration Measures
- Term Structure of Interest Rates
- Credit Risk & Analysis
|
| Financial Statement Analysis | 25% | - Quality of Earnings & Analysis
- Income Statement, Balance Sheet & Cash Flow
- Ratio Analysis
- Financial Reporting Standards
|
| Quantitative Techniques and Methods | 20% | - Correlation, Regression & Hypothesis Testing
- Statistics & Probability
- Time Value of Money
- Return & Risk Measurement
|