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Ethical and Professional StandardsQuantitative MethodsEconomicsFinancial Statement AnalysisCorporate IssuersEquity InvestmentsFixed IncomeDerivativesAlternative InvestmentsPortfolio Management

Level I · 2026 curriculum · 6–9% of the exam

Quantitative Methods

Quantitative Methods covers the maths the rest of the curriculum relies on: returns, time value of money, statistics, probability, hypothesis testing and simple regression.

Exam weight6–9%
≈ Questions in a 180-question exam13

What the questions cover

  • Holding-period, arithmetic, geometric and money- vs time-weighted returns
  • Present and future values of annuities, perpetuities and uneven cash flows
  • Measures of central tendency, dispersion, skewness and kurtosis
  • Probability rules, expected value, and Bayes' formula
  • Sampling, standard error and confidence intervals
  • Hypothesis tests, p-values and Type I/II errors
  • Simple linear regression output, and the basics of big data and machine learning

How to study it

  • Get fast with your calculator's cash-flow and statistics functions; they save minutes per question.
  • Write down what the question asks for (e.g. the standard error, not the standard deviation) before calculating.
  • Many distractors are the right formula with one wrong input, such as n instead of n − 1.

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Ethical and Professional StandardsEconomics
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