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CFA Institute Investment Foundations® Curriculum

The Investment Foundations curriculum gives a fundamental understanding of the investment industry through seven topic areas. Some topics are emphasized more than others. Below are the exam modules and approximate weighting for each.

Module 1 Industry overview 5%
Module 2 Ethics and regulation 10%
Module 3 Inputs and tools 20%
Module 4 Investment instruments 20%
Module 5 Industry structure 20%
Module 6 Serving client needs 5%
Module 7 Industry controls 20%

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