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