CFA Level 1 - Quantitative Methods
World of Finance by M.Vijaya Sai Introduction The Quantitative Methods section of the CFA curriculum has traditionally been placed second in the sequence of study topics, following the Ethics and Professional Standards review. It's an interesting progression: the ethics discussions and case studies will invariably make most candidates feel very positive, very high-minded about the road on which they have embarked. Then, without warning, they are smacked with a smorgasbord of formulas, graphs, Greek letters, and challenging terminology. We know – it's easy to become overwhelmed. At the same time, the topics covered in this section – time value of money, performance measurement, statistics and probability basics, sampling and hypothesis testing, correlation and linear regression analysis – provide the candidate with a variety of highly essential analytical tools and are a crucial prerequisite for the subsequent material on fixed...