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Last Updated: Jul 21, 2026
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| Section | Weight | Objectives |
|---|---|---|
| Financial Markets | 25% | - Market participants and regulatory frameworks - Money, bond, equity, and foreign exchange markets - Derivatives exchanges and OTC markets - Primary and secondary market structures - Market efficiency and liquidity concepts |
| Financial Instruments | 25% | - Forwards, futures, and swaps - Options and option pricing models - Credit derivatives and structured products - Equities and equity derivatives - Fixed-income securities and valuation |
| Finance Theory | 25% | - CAPM and multifactor pricing models - Capital structure and corporate finance basics - Risk and return concepts - Time value of money and valuation principles - Portfolio theory and asset allocation |
| Mathematical Foundations of Risk Measurement | 25% | - Introduction to volatility and correlation measures - Statistical inference and hypothesis testing - Descriptive statistics and probability distributions - Basic statistics and probability theory - Linear algebra and calculus applications |
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