cfa level 1 ethics practice questions


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  • How to prepare for CFA Level 1 ethics?

    Study Tips for CFA Ethics

    1Read the question carefully and highlight key details.
    2) Be sure you understand what is being asked.
    3) Make sure you read the Ethics section several times.
    4) Understand the differences between the seven Professional Conduct Standards and the six Codes of Ethics.
    5) Don't rely on memorization alone.

  • For example, some candidates feel that Schweser Notes are more condensed and do not provide more detail on some topics.
    A newbie cannot just rely on Schweser notes to pass the CFA Level 1 exams.
    Others think the practice questions could be more representative of the exam questions.

  • Can you pass CFA Level 2 if you fail ethics?

    Ethics is a significant part of all three CFA exam levels.
    The CFA Program also measures your overall total score against all categories and uses it for ranking.
    If your score is significantly above the Minimum Passing Score (MPS) by at least a few points, you will pass, regardless of your Ethics score.

  • Is CFA Level 1 Ethics hard?

    The Ethical and Professional Standards section is challenging for most CFA candidates given the more subjective nature of the topic and questions (vs. the rest of the curriculum), and the sheer amount of readings to go through.

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