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Last however not least, the most crucial topics i. e. Principles and FRA are set up reasonably in advance to ensure they are thoroughly studied. The time set up for each topic depends on its problem, the variety of pages in the Curriculum and the number of questions devoted to the topic on the examination (for possible number of level 1 questions, go here >>): 1st Study Block (19 Oct 16 Nov) Ethics Quantitative Approaches Portfolio Management QM+PM Evaluation 2nd Study Block (17 Nov 17 Dec) Financial Reporting & Analysis Corporate Financing FRA+CF Evaluation QM+PM Evaluation 3rd Study Block (18 Dec 10 Jan) Fixed Income Equity Investments FI+EI Review QM+PM+FRA+CF Evaluation fourth Research Study Block (11 Jan 31 Jan) Derivative Investments Option Investments Economics DI+AI+ECO Review Ethics Evaluation The Feb 2021 examination window has been extended >>it now lasts from 16 Feb Kenminkan.com to 1 March 202