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AAFM GLO_AFA_LVL_1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Corporate Finance | 25% | - Risk & Return Concepts - Cost of Capital & Capital Structure - Dividend Policy - Capital Budgeting & Investment Decisions |
| Topic 2: Quantitative Techniques and Methods | 20% | - Statistics & Probability - Return & Risk Measurement - Correlation, Regression & Hypothesis Testing - Time Value of Money |
| Topic 3: Fixed Income Security Analysis | 15% | - Yield & Duration Measures - Term Structure of Interest Rates - Credit Risk & Analysis - Bond Characteristics & Pricing |
| Topic 4: Financial Statement Analysis | 25% | - Income Statement, Balance Sheet & Cash Flow - Financial Reporting Standards - Quality of Earnings & Analysis - Ratio Analysis |
| Topic 5: Introduction to Financial Markets | 15% | - International Finance & Regulation - Market Types & Instruments - Global Financial System - Macroeconomics & Policy |
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