The heaviest Level I topic weights are Financial Reporting and Analysis (20 percent), Ethics (15 percent), Quantitative Methods (12 percent), and Fixed Income (12 percent). Approximately 60 percent of the Level I test covers these four topics, and it likely won’t deviate much from these estimations. When planning your study regimen, allocate extra time to these subjects. Maybe set aside two weeks for the big topics while, for a small topic like Alternative Investments, schedule a couple of days (I explain the details of my proven study plan in Chapter 8, “A Study Plan from Start to Finish”).
