Some of these changes are as follows: 1  The Church was no longer independent from the state. 2  They reached the end of feudalism. 3  The people of France gained rights and liberties, along with legal equality. 4  Women gained some power; mainly a voice for political and social rights.
The CFA Program includes a series of three exams; Levels I, II, and III. Are offered annually â at test centers around the world â on the first Saturday in June. The Level I exam is also offered in December.
Part of the challenge in passing the CFA exams is the ability to answer questions in a short period of time. Practicing with the calculator you will use on exam day will allow you to achieve the greatest efficiency.ere are some tips: Start Early. The CFA Institute estimates that at least 250 hours of independent study is necessary to pass each exam. In other words, a candidate starting six months before exam day should plan to spend no less than 10 hours a week studying.