「CFA考前提示」CFA一二三级考试形式变化说明

 

　　距离CFA考试日渐接近，下面再来提一下关于2019年6月CFA二级及三级考试题目形式调整，cfa协会官网在3月初关于二三级考试形式调整做了说明，具体内容如下：

 

　　参加2019年6月CFA二级及三级考试的考生请注意，本次二级及三级考试题目形式将有所调整，具体变化如下：

 

　　2019年6月CFA二级和三级考试题目形式做出何种调整？

 

　　在维持题目总数不变的前提基础上，增加一个案例。意即：

 

　　CFA二级考试

 

　　2018: 20个案例，每个案例下各含6道单选题，共120道单选题。

 

　　2019: 21个案例，其中18个案例下各含6道单选题，3个案例下各含4道单选题，共120道单选题。

 

　　举例来说：就是2018年共20个案例，每个案例下各含6道单选题，共120道单选题。

 

　　到了今年2019年，会增加一个案例，变成了 21个案例，其中18个案例下各含6道单选题，3个案例下各含4道单选题，但总题量依然是120道单选题。

 

　　CFA三级考试

 

　　2018:10个案例，每个案例下各含6道单选题，一共60道单选题。

 

　　2019:11个案例，其中8个案例下各含6道单选题，3个案例下各含4道单选题，一共60道单选题。

 

　　2018年：10个案例，每个案例下各含6道单选题，一共60道单选题。

 

　　2019年：增加一个案例，共11个案例，其中8个案例下各含6道单选题，3个案例下各含4道单选题，总题量不变，共60道单选题。

 

　　每道选择题的分值会有变化吗？

 

　　每个案例下会包含4或6道单选题，题目总数不变，单题分值不变，仍是3分，考试时间不变。

 

　　阅读并回答新增的考题组预计要用多少时间？

 

　　与含6道单选题的案例相比，含4道单选题的案例描述篇幅更简短，答题耗时也需按比例降低。此外，CFA三级考试写作部分的问题数量与往常一样，是不固定的，今年的写作题目问题数量依然会有变化。

 

　　CFA Institute会调整模拟考试和学习资料，来反映出这个变化吗？

 

　　不会。该变化只是在CFA二级和CFA三级考试试卷中各增加一个案例，但考试的基本结构不变，单选题的总数也不变，所以现有的模拟考试和学习资料仍然适于备考。

　　下面是2019年CFA一二三级考试形式的具体说明：

 

　　Level I CFA Exam Structure（CFA一级考题形式）

 

　　Exam Structure and  Timing

 

　　Structure: The Level I exam consists of 240 multiple choice questions, split between two 3-hour sessions. Candidates must attend both sessions.

 

　　Morning session (3 hours): 120 multiple choice questions, covering all topics

 

　　Afternoon session (3 hours): 120 multiple choice questions, covering all topics

 

　　Timing: On average you should allow approximately 90 seconds for each multiple choice question. You may need more or less time, depending on the question and how well you understand the topic.

 

　　Exam Question Format

 

　　Multiple Choice Questions

 

　　Each item on the Level I multiple choice exam consists of a question, a statement, and/or table and three answer choices: A, B, and C.

 

　　Two basic formats are used:

 

　　Sentence completion with three unique choices

 

　　Questions with three unique choices

 

　　Example 1 (Sentence completion)

 

　　An analyst suspects that a particular company’s U.S. GAAP financial statements may require adjustment because the company uses take-or-pay contracts. The most likely effect of the appropriate adjustments would be to increase that company’s

 

　　return on assets.

 

　　debt-to-equity ratio.

 

　　interest coverage ratio.

 

　　Example 2 (Question)

 

　　An analyst suspects that a particular company’s U.S. GAAP financial statements may require adjustment because the company uses take-or-pay contracts. Which of the following is most likely to increase as a result of the appropriate adjustments being made to that company’s financial statements?

 

　　Return on assets.

 

　　Debt-to-equity ratio.

 

　　Interest coverage ratio.

 

　　All questions are equally weighted and there is no penalty for an incorrect answer.

 

　　（>>更多CFA一级考试形式说明）

 

　　Level II CFA Exam Structure（CFA二级考题形式）

 

　　Exam Structure and  Timing

 

　　The Level II exam has a total of 21 item set questions:

 

　　Morning session: 10 item set questions

 

　　Afternoon session: 11 item set questions

 

　　On the Level II exam, you will have a total of 120 items (18 vignettes with 6 items each and 3 vignettes with 4 items each, for a total of 21 vignettes) compared to 240 multiple choice items on the Level I exam.

 

　　The Level II exam is worth 360 points, corresponding to the number of minutes on the exam. The 120 Level II items are equally weighted, 3 points each, with no penalty for incorrect answers.

 

　　On the Level II (and III) exams, some topics are covered in the morning session only and other topics are covered in the afternoon session only.

     （>>更多CFA二级考试形式说明） 

 

　　CFA  Level III CFA Exam Structure（CFA三级考题形式）

 

　　Exam Structure and  Timing

 

　　The Level III exam consists of item set and constructed response (essay) and item set questions:

 

　　Morning session: Constructed response (essay) questions (usually between 8 and 12 questions, each with several subparts) with a maximum of 180 points. (The point value for each question is provided in the exam book.)

 

　　Afternoon session: 11 item set questions (8 vignettes with 6 items each and 3 vignettes with 4 items each, for a total of 11 vignettes)

 

　　Exam Question Format

 

　　When you prepare for the Level III exam, remember to review the Level II item set question details.

 

　　Constructed Response (Essay) Questions

 

　　Each essay question has two or more parts (A, B, etc.) and one or both of the following types of designated answer pages:

 

　　One type of answer page is an unlined page, clearly labeled for that question part. You are free to write your response as needed on that page.

 

　　The other type of answer page has a structured set of boxes. The boxes are clearly labeled for that question part and provide a visual structure to guide you in writing your responses.

 

　　Your Essay Exam Book

 

　　Read and follow the instructions on the front cover and throughout the exam book.

 

　　Page one of the exam book lists all the questions on the exam as well as the topic and the minutes allocated for each question.

 

　　The heading where a question begins states the number of parts in that question and the total number of minutes allocated. For example: “Question 2 has two parts (A, B) for a total of 18 minutes”

 

　　Instructions in bold print immediately following the question direct you to the designated answer page for each question part. For example: "Answer 2A on page 17”

 

　　（>>更多CFA三级考试形式说明）

 

　　中国CFA考试网（www.cfa.cn）综合整理，来源：中国CFA考试网，部分来源cfainstitute，原创文章，若需引用或转载,请注明出处 ，仅供参考、交流之目的。