{"id":9816,"date":"2026-05-06T16:54:47","date_gmt":"2026-05-06T07:54:47","guid":{"rendered":"https:\/\/triumphmind.com\/cfa\/?p=9816"},"modified":"2026-05-06T18:42:04","modified_gmt":"2026-05-06T09:42:04","slug":"2027-l1","status":"publish","type":"post","link":"https:\/\/triumphmind.com\/cfa\/2026\/05\/06\/2027-l1\/","title":{"rendered":"\u3010CFA \u30ec\u30d9\u30eb1\u3011\u5927\u5e45\u6539\u5b9a\uff01Equity\u3068Quants\u306e\u5909\u66f4\u70b9\u3092\u5fb9\u5e95\u89e3\u8aac"},"content":{"rendered":"

2026\u5e74\u30682027\u5e74\u306e\u30ab\u30ea\u30ad\u30e5\u30e9\u30e0\u3092\u6bd4\u8f03\u3059\u308b\u3068\u3001\u7d4c\u6e08\u5b66\u3084\u8ca1\u52d9\u8af8\u8868\u5206\u6790\u306a\u3069\u306e\u5206\u91ce\u306b\u5927\u304d\u306a\u5909\u66f4\u306f\u3042\u308a\u307e\u305b\u3093\u304c\u3001<\/span>\u300c\u682a\u5f0f(Equities)\u300d\u3068\u300c\u6570\u91cf\u5206\u6790(Quantitative Methods)\u300d\u306e2\u5206\u91ce\u306b\u304a\u3044\u3066\u975e\u5e38\u306b\u5927\u304d\u306a\u6539\u5b9a<\/strong>\u304c\u884c\u308f\u308c\u307e\u3057\u305f\u3002<\/span><\/p>\n

\u307e\u305f\u3001\u300c\u8077\u696d\u502b\u7406(<\/strong><\/span>Ethics)\u300d\u306e\u5206\u91ce<\/strong>\u306b\u304a\u3044\u3066\u3001\u30b0\u30ed\u30fc\u30d0\u30eb\u6295\u8cc7\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u57fa\u6e96(GIPS)\u304c\u524a\u9664<\/strong>\u3055\u308c\u307e\u3057\u305f\u3002<\/p>\n

\u305d\u308c\u4ee5\u5916\u306e\u9805\u76ee\u3084\u5168\u4f53\u3092\u901a\u3058\u3066\u306e\u51fa\u984c\u6bd4\u7387\u306a\u3069\u306e\u5909\u66f4\u306f\u3042\u308a\u307e\u305b\u3093\u3002
\n(Corporate Issuers\u304cCorporate Finance\u3078\u3001Portfolio Management\u304cPortfolio Construction\u3078\u3068\u9805\u76ee\u540d\u306f\u5909\u66f4\u306b\u306a\u3063\u3066\u3044\u307e\u3059\u304c\u5185\u5bb9\u81ea\u4f53\u306f\u5909\u66f4\u7121\u3057\u3067\u3059)<\/p>\n

CFA \u30ec\u30d9\u30eb 1 \u306e\u5168\u4f53\u50cf\u306b\u3064\u3044\u3066<\/h2>\n

https:\/\/triumphmind.com\/cfa\/2025\/09\/25\/cfa-level-1-summary\/<\/p>\n

\u8a08\u91cf\u5206\u6790(Quants)\u3068\u682a\u5f0f(Equities) \u306e\u5909\u66f4\u70b9<\/h2>\n

\u8a08\u91cf\u5206\u6790(Quants)<\/h3>\n

\u5f93\u6765\u306e\u5358\u7d14\u306a\u7d71\u8a08\u5b66\u3084\u78ba\u7387\u8ad6\u306e\u5b66\u7fd2\u5185\u5bb9\u304b\u3089\u3001\u3088\u308a\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9\u5b9f\u52d9\u3067\u306e\u5177\u4f53\u7684\u306a\u5fdc\u7528\u306b\u30d5\u30a9\u30fc\u30ab\u30b9\u3059\u308b\u5f62\u3078\u3068\u30a2\u30c3\u30d7\u30c7\u30fc\u30c8\u3055\u308c\u307e\u3057\u305f\u3002<\/p>\n

\u91d1\u878d\u30c7\u30fc\u30bf\u30b5\u30a4\u30a8\u30f3\u30b9\u3078\u306e\u9032\u5316<\/h4>\n

2026\u5e74\u7248\u3067\u306f\u300c\u30d3\u30c3\u30b0\u30c7\u30fc\u30bf\u6280\u8853\u5165\u9580\u300d\u3068\u3055\u308c\u3066\u3044\u305f\u30c8\u30d4\u30c3\u30af\u304c\u30012027\u5e74\u7248\u3067\u306f\u300c\u91d1\u878d\u30c7\u30fc\u30bf\u30b5\u30a4\u30a8\u30f3\u30b9\u5165\u9580\uff08Introduction to Financial Data Science\uff09\u300d\u3078\u3068\u540d\u79f0\u304c\u5909\u66f4\u3055\u308c\u307e\u3057\u305f\u3002<\/p>\n

\u5358\u306bAI\u3084\u30d3\u30c3\u30b0\u30c7\u30fc\u30bf\u306e\u6982\u5ff5\u3092\u8aac\u660e\u3059\u308b\u3060\u3051\u3067\u306a\u304f\u3001\u305d\u308c\u3089\u304c\u300c\u30d5\u30a3\u30f3\u30c6\u30c3\u30af\u3084\u6295\u8cc7\u904b\u7528\u306b\u304a\u3044\u3066\u3069\u306e\u3088\u3046\u306b\u4f7f\u7528\u3055\u308c\u3066\u3044\u308b\u304b\u300d\u3068\u3044\u3046\u5b9f\u52d9\u6d3b\u7528\u306b\u8e0f\u307f\u8fbc\u3093\u3060\u5185\u5bb9\u306b\u306a\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n

\u56de\u5e30\u5206\u6790\u306b\u304a\u3051\u308bCAPM\u306e\u8ffd\u52a0<\/h4>\n

\u5358\u56de\u5e30\u5206\u6790\uff08Simple Linear Regression\uff09\u306e\u9805\u76ee\u540d\u304c\u300c\u91d1\u878d\u306b\u304a\u3051\u308b\u5358\u56de\u5e30\u5206\u6790\u306e\u5fdc\u7528\u300d\u306b\u5909\u66f4\u3055\u308c\u3001\u7d71\u8a08\u624b\u6cd5\u306e\u7406\u89e3\u3060\u3051\u3067\u306a\u304f\u3001\u8cc7\u672c\u8cc7\u7523\u4fa1\u683c\u30e2\u30c7\u30eb\uff08CAPM\uff09\u307e\u3067\u542b\u3081\u305f\u5185\u5bb9\u3078\u3068\u5909\u308f\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n

\u30ea\u30bf\u30fc\u30f3\u3068\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u306e\u518d\u7de8<\/h4>\n

\u30ea\u30bf\u30fc\u30f3\u306b\u95a2\u3059\u308b\u30c8\u30d4\u30c3\u30af\u304c3\u3064\u306b\u7d30\u5206\u5316\u3055\u308c\u3001\u8981\u6c42\u53ce\u76ca\u7387\u3084\u30ea\u30b9\u30af\u30d7\u30ec\u30df\u30a2\u30e0\u306b\u3064\u3044\u3066\u3088\u308a\u660e\u78ba\u306b\u554f\u308f\u308c\u308b\u3088\u3046\u306b\u306a\u308a\u307e\u3057\u305f\u3002<\/p>\n

\u307e\u305f\u3001\u3053\u308c\u307e\u3067Equity\u5206\u91ce\u3067\u6271\u308f\u308c\u3066\u3044\u305f\u300c\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u306e\u30a6\u30a7\u30a4\u30c8\u624b\u6cd5\uff08\u6642\u4fa1\u7dcf\u984d\u52a0\u91cd\u306a\u3069\uff09\u300d\u306b\u95a2\u3059\u308bLOS\u304c\u3001Quants\u306e\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u306e\u9805\u76ee\u306b\u79fb\u52d5\u3057\u3066\u7d71\u5408\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n

\u7d71\u8a08\u30fb\u691c\u5b9a\u9805\u76ee\u306e\u30b9\u30ea\u30e0\u5316\u3068\u7d71\u5408<\/h4>\n

2026\u5e74\u7248\u3067\u306f\u5225\u3005\u306e\u30c8\u30d4\u30c3\u30af\u3060\u3063\u305f\u300c\u63a8\u5b9a\u3068\u63a8\u8ad6\u300d\u300c\u4eee\u8aac\u691c\u5b9a\u300d\u300c\u72ec\u7acb\u6027\u306e\u691c\u5b9a\u300d\u3068\u3044\u3063\u305f\u57fa\u790e\u7684\u306a\u7d71\u8a08\u9805\u76ee\u304c\u30012027\u5e74\u7248\u3067\u306f1\u3064\u306e\u30c8\u30d4\u30c3\u30af\uff08Estimation and Hypothesis Testing\uff09\u306b\u7d71\u5408\u30fb\u51dd\u7e2e\u3055\u308c\u3001\u5b66\u7fd2\u306e\u8ca0\u62c5\u304c\u30b9\u30ea\u30e0\u5316\u3055\u308c\u307e\u3057\u305f\u3002<\/p>\n

\u682a\u5f0f\uff08Equities\uff09<\/h3>\n

\u5168\u4f53\u3092\u901a\u3057\u3066\u300c\u5e02\u5834\u306e\u57fa\u790e\u7406\u8ad6\u300d\u304b\u3089\u300c\u30a2\u30ca\u30ea\u30b9\u30c8\u306e\u5b9f\u8df5\u7684\u306a\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u5b9f\u52d9\u300d\u3078\u3068\u5927\u304d\u304f\u5909\u5316\u3057\u305f\u3088\u3046\u306b\u898b\u53d7\u3051\u3089\u308c\u307e\u3059\u3002<\/p>\n

\u300c\u52b9\u7387\u7684\u5e02\u5834\u4eee\u8aac\uff08EMH\uff09\u300d\u306a\u3069\u306e\u57fa\u790e\u7406\u8ad6\u306f\u5b8c\u5168\u524a\u9664<\/h4>\n

2026\u5e74\u7248\u307e\u3067\u5b58\u5728\u3057\u305f\u300c\u52b9\u7387\u7684\u5e02\u5834\u4eee\u8aac\uff08Weak\u30fbSemi-Strong\u30fbStron\uff09\u300d\u3084\u300c\u5e02\u5834\u30a2\u30ce\u30de\u30ea\u30fc\u300d\u3001\u300c\u884c\u52d5\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9\u300d\u3068\u3044\u3063\u305f\u57fa\u790e\u30c8\u30d4\u30c3\u30af\uff08Market Efficiency\uff09\u306f\u30012027\u5e74\u306e\u30a2\u30a6\u30c8\u30e9\u30a4\u30f3\u304b\u3089\u306f\u5b8c\u5168\u306b\u524a\u9664\u3055\u308c\u307e\u3057\u305f\u3002\u57fa\u790e\u77e5\u8b58\u3088\u308a\u3082\u3001\u5b9f\u8df5\u7684\u306a\u5206\u6790\u624b\u6cd5\u306b\u91cd\u70b9\u304c\u7f6e\u304b\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n

\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\uff08\u4f01\u696d\u4fa1\u5024\u8a55\u4fa1\uff09\u306e\u9ad8\u5ea6\u5316<\/h4>\n

\u682a\u5f0f\u306e\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u306b\u95a2\u3059\u308b\u5185\u5bb9\u304c\u5927\u5e45\u306b\u9ad8\u5ea6\u5316\u3055\u308c\u307e\u3057\u305f\u3002\u3053\u308c\u307e\u3067\u306e\u914d\u5f53\u5272\u5f15\u30e2\u30c7\u30eb\uff08DDM\uff09\u4e2d\u5fc3\u306e\u5185\u5bb9\u306b\u52a0\u3048\u3001\u65b0\u305f\u306b\u30d5\u30ea\u30fc\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\uff08FCFF\u3001FCFE\uff09\u3084\u6b8b\u4f59\u5229\u76ca\uff08Residual Income\uff09\u30e2\u30c7\u30eb\u3092\u6bd4\u8f03\u3059\u308bLOS\u304c\u500b\u5225\u306b\u8ffd\u52a0\u3055\u308c\u307e\u3057\u305f\u3002<\/p>\n

\u300c\u8ca1\u52d9\u8af8\u8868\u4e88\u6e2c\u30e2\u30c7\u30eb\u300d\u306e\u69cb\u7bc9\uff08\u65b0\u8a2d\uff09<\/h4>\n

\u300c\u682a\u5f0f\u8a55\u4fa1\u306b\u304a\u3051\u308b\u8ca1\u52d9\u8af8\u8868\u4e88\u6e2c\uff08Financial Statement Forecasting in Equity Valuation\uff09\u300d\u3068\u3044\u3046\u30c8\u30d4\u30c3\u30af\u304c\u65b0\u8a2d\u3055\u308c\u307e\u3057\u305f\u3002\u4e88\u6e2c\u30e2\u30c7\u30eb\u306e\u69cb\u7bc9\u304b\u3089\u3001\u305d\u306e\u51fa\u529b\u306b\u57fa\u3065\u3044\u305f\u682a\u5f0f\u4fa1\u5024\u306e\u63a8\u5b9a\u30fb\u89e3\u91c8\u3092\u884c\u3046\u3068\u3044\u3046\u3001\u3088\u308a\u5b9f\u8df5\u7684\u306a\u30e2\u30c7\u30ea\u30f3\u30b0\u306e\u77e5\u8b58\u304c\u554f\u308f\u308c\u307e\u3059<\/p>\n

\u300c\u30a2\u30ca\u30ea\u30b9\u30c8\u30ec\u30dd\u30fc\u30c8\u300d\u306e\u6bd4\u8f03\u30fb\u8a55\u4fa1\uff08\u65b0\u8a2d\uff09<\/h4>\n

\u65b0\u305f\u306b\u300c\u682a\u5f0f\u30a2\u30ca\u30ea\u30b9\u30c8\u306e\u8abf\u67fb\u30ec\u30dd\u30fc\u30c8\uff08Equity Analyst Research Reports\uff09\u300d\u3068\u3044\u3046\u30c8\u30d4\u30c3\u30af\u304c\u8ffd\u52a0\u3055\u308c\u307e\u3057\u305f\u3002\u3053\u3053\u3067\u306f\u3001\u30bb\u30eb\u30b5\u30a4\u30c9\u3068\u30d0\u30a4\u30b5\u30a4\u30c9\u306e\u30a2\u30ca\u30ea\u30b9\u30c8\u30ec\u30dd\u30fc\u30c8\u306e\u6bd4\u8f03\u3084\u3001\u30a2\u30ca\u30ea\u30b9\u30c8\u306e\u4eee\u5b9a\uff08\u58f2\u4e0a\u3084\u6295\u8cc7\u306b\u95a2\u3059\u308b\u524d\u63d0\u6761\u4ef6\uff09\u306e\u9055\u3044\u304c\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u306b\u3069\u3046\u5f71\u97ff\u3059\u308b\u304b\u3092\u8aac\u660e\u3059\u308b\u80fd\u529b\u304c\u6c42\u3081\u3089\u308c\u307e\u3059\u3002<\/p>\n

\u30d5\u30a1\u30af\u30bf\u30fc\u30e2\u30c7\u30eb\u306eEquity\u3078\u306e\u79fb\u52d5<\/h4>\n

\u3053\u308c\u307e\u3067\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u30fb\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u5206\u91ce\u3067\u5b66\u3076\u3053\u3068\u304c\u591a\u304b\u3063\u305f\u300cCAPM\u300d\u3084\u300c\u88c1\u5b9a\u53d6\u5f15\u4fa1\u683c\u7406\u8ad6\uff08APT\uff09\u300d\u3001\u300c\u30de\u30eb\u30c1\u30d5\u30a1\u30af\u30bf\u30fc\u30e2\u30c7\u30eb\u300d\u304c\u3001\u682a\u5f0f\u306e\u8981\u6c42\u53ce\u76ca\u7387\u3092\u63a8\u5b9a\u3059\u308b\u30c4\u30fc\u30eb\u3068\u3057\u3066Equities\u306e\u5206\u91ce\u306b\u7d44\u307f\u8fbc\u307e\u308c\u307e\u3057\u305f\u3002<\/p>\n

\u5b66\u7fd2\u9805\u76ee\u4e00\u89a7<\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n
\u8a08\u91cf\u5206\u6790
\n<\/b>\uff08Quantitative Methods\uff09<\/p>\n
<\/div>\n

6~9%
\n<\/span>
\n2027\u5e74
\n\u5927\u304d\u304f\u9805\u76ee\u5237\u65b0<\/span><\/strong><\/th>\n

\n
    \n
  1. Returns of Financial Assets and Instruments
    \n\uff08\u91d1\u878d\u8cc7\u7523\u304a\u3088\u3073\u5546\u54c1\u306e\u30ea\u30bf\u30fc\u30f3\uff09<\/li>\n
  2. Types of Financial Returns
    \n\uff08\u91d1\u878d\u30ea\u30bf\u30fc\u30f3\u306e\u7a2e\u985e\uff09<\/li>\n
  3. Benchmarking Returns
    \n\uff08\u30ea\u30bf\u30fc\u30f3\u306e\u30d9\u30f3\u30c1\u30de\u30fc\u30af\uff09<\/li>\n
  4. The Time Value of Money in Finance
    \n\uff08\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9\u306b\u304a\u3051\u308b\u8ca8\u5e63\u306e\u6642\u9593\u7684\u4fa1\u5024\uff09<\/li>\n
  5. Statistical Characteristics of Asset Returns
    \n\uff08\u8cc7\u7523\u30ea\u30bf\u30fc\u30f3\u306e\u7d71\u8a08\u7684\u7279\u5fb4\uff09<\/li>\n
  6. Statistical Distributions for Financial Asset Prices and Returns
    \n\uff08\u91d1\u878d\u8cc7\u7523\u306e\u4fa1\u683c\u3068\u30ea\u30bf\u30fc\u30f3\u306e\u7d71\u8a08\u5206\u5e03\uff09<\/li>\n
  7. Estimation and Hypothesis Testing
    \n\uff08\u63a8\u5b9a\u3068\u4eee\u8aac\u691c\u5b9a\uff09<\/li>\n
  8. The Return and Risk of a Financial Portfolio
    \n\uff08\u91d1\u878d\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u30ea\u30bf\u30fc\u30f3\u3068\u30ea\u30b9\u30af\uff09<\/li>\n
  9. Simulation of Financial Asset Prices and Returns
    \n\uff08\u91d1\u878d\u8cc7\u7523\u306e\u4fa1\u683c\u3068\u30ea\u30bf\u30fc\u30f3\u306e\u30b7\u30df\u30e5\u30ec\u30fc\u30b7\u30e7\u30f3\uff09<\/li>\n
  10. Applications of Simple Linear Regression in Finance
    \n\uff08\u91d1\u878d\u306b\u304a\u3051\u308b\u5358\u56de\u5e30\u5206\u6790\u306e\u5fdc\u7528\uff09<\/li>\n
  11. Introduction to Financial Data Science
    \n\uff08\u91d1\u878d\u30c7\u30fc\u30bf\u30b5\u30a4\u30a8\u30f3\u30b9\u5165\u9580\uff09<\/li>\n<\/ol>\n<\/td>\n<\/tr>\n
\u7d4c\u6e08
\n<\/b>\uff08Economics\uff09<\/p>\n
<\/div>\n

6~9%<\/span><\/th>\n

\n
    \n
  1. \u4f01\u696d\u3068\u5e02\u5834\u69cb\u9020
    \n\uff08The Firm and Market Structures\uff09<\/span><\/li>\n
  2. \u30d3\u30b8\u30cd\u30b9\u30b5\u30a4\u30af\u30eb\u306e\u7406\u89e3
    \n\uff08Understanding Business Cycles\uff09<\/span><\/li>\n
  3. \u8ca1\u653f\u653f\u7b56
    \n\uff08Fiscal Policy\uff09<\/span><\/li>\n
  4. \u91d1\u878d\u653f\u7b56
    \n<\/span>\uff08Monetary Policy\uff09<\/span><\/li>\n
  5. \u5730\u653f\u5b66\u306e\u5165\u9580
    \n\uff08Introduction to Geopolitics\uff09<\/span><\/li>\n
  6. \u56fd\u969b\u8cbf\u6613
    \n\uff08International Trade\uff09<\/span><\/li>\n
  7. \u8cc7\u672c\u6d41\u52d5\u3068\u5916\u56fd\u70ba\u66ff\u5e02\u5834
    \n\uff08Capital Flows and the FX Market\uff09<\/span><\/li>\n
  8. \u70ba\u66ff\u30ec\u30fc\u30c8\u306e\u8a08\u7b97
    \n\uff08Exchange Rate Calculations\uff09<\/span><\/li>\n<\/ol>\n<\/td>\n<\/tr>\n
\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u69cb\u7bc9<\/strong>
\n\uff08Portfolio Construction\uff09<\/p>\n
<\/div>\n

8~12%<\/span><\/th>\n

\n
    \n
  1. \u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u30ea\u30b9\u30af\u3068\u30ea\u30bf\u30fc\u30f3\uff1a\u30d1\u30fc\u30c8I
    \n\uff08Portfolio Risk and Return: Part I\uff09<\/li>\n
  2. \u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u30ea\u30b9\u30af\u3068\u30ea\u30bf\u30fc\u30f3\uff1a\u30d1\u30fc\u30c8II
    \n<\/span>\uff08Portfolio Risk and Return: Part II\uff09<\/span><\/li>\n
  3. \u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u7ba1\u7406\uff1a\u6982\u8981
    \n<\/span>\uff08Portfolio Management: An Overview\uff09<\/span><\/li>\n
  4. \u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u8a08\u753b\u3068\u69cb\u7bc9\u306e\u57fa\u790e
    \n<\/span>\uff08Basics of Portfolio Planning and Construction\uff09<\/span><\/li>\n
  5. \u500b\u4eba\u306e\u884c\u52d5\u30d0\u30a4\u30a2\u30b9
    \n<\/span>\uff08The Behavioral Biases of Individuals\uff09<\/span><\/li>\n
  6. \u30ea\u30b9\u30af\u7ba1\u7406\u306e\u5165\u9580
    \n<\/span>\uff08Introduction to Risk Management\uff09<\/span><\/li>\n<\/ol>\n<\/td>\n<\/tr>\n
\u30b3\u30fc\u30dd\u30ec\u30fc\u30c8\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9<\/strong>
\n\uff08Corporate Finance\uff09<\/p>\n
<\/div>\n

6~9%<\/span><\/th>\n

\n
    \n
  1. \u7d44\u7e54\u5f62\u614b\u3001\u6cd5\u4eba\u767a\u884c\u8005\u306e\u7279\u5fb4\u3001\u6240\u6709\u6a29
    \n\uff08Organizational Forms, Corporate Issuer Features, and Ownership\uff09<\/li>\n
  2. \u6295\u8cc7\u5bb6\u3068\u4ed6\u306e\u30b9\u30c6\u30fc\u30af\u30db\u30eb\u30c0\u30fc
    \n<\/span>\uff08Investors and Other Stakeholders\uff09<\/span><\/li>\n
  3. \u4f01\u696d\u7d71\u6cbb\uff1a\u5bfe\u7acb\u3001\u30e1\u30ab\u30cb\u30ba\u30e0\u3001\u30ea\u30b9\u30af\u3001\u5229\u76ca
    \n<\/span>\uff08Corporate Governance: Conflicts, Mechanisms, Risks, and Benefits\uff09<\/span><\/li>\n
  4. \u904b\u8ee2\u8cc7\u672c\u3068\u6d41\u52d5\u6027
    \n<\/span>\uff08Working Capital and Liquidity\uff09<\/span><\/li>\n
  5. \u8cc7\u672c\u6295\u8cc7\u3068\u8cc7\u672c\u914d\u5206
    \n<\/span>\uff08Capital Investments and Capital Allocation\uff09<\/span><\/li>\n
  6. \u8cc7\u672c\u69cb\u9020
    \n<\/span>\uff08Capital Structure\uff09<\/span><\/li>\n
  7. \u30d3\u30b8\u30cd\u30b9\u30e2\u30c7\u30eb
    \n<\/span>\uff08Business Models\uff09<\/span><\/li>\n<\/ol>\n<\/td>\n<\/tr>\n
\u8ca1\u52d9\u8af8\u8868\u5206\u6790<\/strong>
\n\uff08Financial Statement Analysis\uff09<\/p>\n
<\/div>\n

11~14%<\/span><\/th>\n

\n
    \n
  1. \u8ca1\u52d9\u8af8\u8868\u5206\u6790\u5165\u9580
    \n\uff08Introduction to Financial Statement Analysis\uff09<\/li>\n
  2. \u640d\u76ca\u8a08\u7b97\u66f8\u306e\u5206\u6790
    \n\uff08Analyzing Income Statements\uff09<\/li>\n
  3. \u8cb8\u501f\u5bfe\u7167\u8868\u306e\u5206\u6790
    \n\uff08Analyzing Balance Sheets\uff09<\/li>\n
  4. \u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8\u306e\u5206\u6790I
    \n\uff08Analyzing Statements of Cash Flows I\uff09<\/li>\n
  5. \u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u8a08\u7b97\u66f8\u306e\u5206\u6790II
    \n\uff08Analyzing Statements of Cash Flows II\uff09<\/li>\n
  6. \u68da\u5378\u8cc7\u7523\u306e\u5206\u6790
    \n\uff08Analysis of Inventories\uff09<\/li>\n
  7. \u9577\u671f\u8cc7\u7523\u306e\u5206\u6790
    \n\uff08Analysis of Long-Term Assets\uff09<\/li>\n
  8. \u9577\u671f\u8ca0\u50b5\u3068\u682a\u4e3b\u8cc7\u672c\u306b\u95a2\u3059\u308b\u30c8\u30d4\u30c3\u30af
    \n\uff08Topics in Long-Term Liabilities and Equity\uff09<\/li>\n
  9. \u6240\u5f97\u7a0e\u306e\u5206\u6790
    \n\uff08Analysis of Income Taxes\uff09<\/li>\n
  10. \u8ca1\u52d9\u5831\u544a\u306e\u54c1\u8cea
    \n\uff08Financial Reporting Quality\uff09<\/li>\n
  11. \u8ca1\u52d9\u5206\u6790\u306e\u624b\u6cd5
    \n\uff08Financial Analysis Techniques\uff09<\/li>\n
  12. \u8ca1\u52d9\u8af8\u8868\u30e2\u30c7\u30ea\u30f3\u30b0\u5165\u9580
    \n\uff08Introduction to Financial Statement Modeling\uff09<\/li>\n<\/ol>\n<\/td>\n<\/tr>\n
\u682a\u5f0f<\/strong>
\n\uff08Equities\uff09<\/p>\n
<\/div>\n

11~14%
\n<\/span>
\n2027\u5e74
\n\u5927\u304d\u304f\u9805\u76ee\u5237\u65b0<\/span><\/strong><\/th>\n

\n
    \n
  1. Equity Instrument Features
    \n\uff08\u682a\u5f0f\u5546\u54c1\u306e\u7279\u5fb4\uff09<\/li>\n
  2. Equity Jurisdictions, Classes, and the Voting Process
    \n\uff08\u682a\u5f0f\u306e\u7ba1\u8f44\u3001\u30af\u30e9\u30b9\u3001\u304a\u3088\u3073\u8b70\u6c7a\u6a29\u30d7\u30ed\u30bb\u30b9\uff09<\/li>\n
  3. Equity Issuance and Trading
    \n\uff08\u682a\u5f0f\u306e\u767a\u884c\u3068\u53d6\u5f15\uff09<\/li>\n
  4. Sources of Equity Returns
    \n\uff08\u682a\u5f0f\u30ea\u30bf\u30fc\u30f3\u306e\u6e90\u6cc9\uff09<\/li>\n
  5. Introduction to Equity Valuation
    \n\uff08\u682a\u5f0f\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u5165\u9580\uff09<\/li>\n
  6. Discounted Cash Flow (DCF) and Growth Models
    \n\uff08\u5272\u5f15\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc(DCF)\u3068\u6210\u9577\u30e2\u30c7\u30eb\uff09<\/li>\n
  7. Relative Value Equity Valuation Approaches
    \n\uff08\u76f8\u5bfe\u4fa1\u5024\u306b\u3088\u308b\u682a\u5f0f\u8a55\u4fa1\u30a2\u30d7\u30ed\u30fc\u30c1\uff09<\/li>\n
  8. Financial Statement Forecasting in Equity Valuation
    \n\uff08\u682a\u5f0f\u8a55\u4fa1\u306b\u304a\u3051\u308b\u8ca1\u52d9\u8af8\u8868\u4e88\u6e2c\uff09<\/li>\n
  9. Industry and Competitive Analysis
    \n\uff08\u7523\u696d\u30fb\u7af6\u4e89\u5206\u6790\uff09<\/li>\n
  10. Company Analysis: Past, Present, and Future
    \n\uff08\u4f01\u696d\u5206\u6790\uff1a\u904e\u53bb\u3001\u73fe\u5728\u3001\u305d\u3057\u3066\u672a\u6765\uff09<\/li>\n
  11. Equity Analyst Research Reports
    \n\uff08\u682a\u5f0f\u30a2\u30ca\u30ea\u30b9\u30c8\u306e\u8abf\u67fb\u30ec\u30dd\u30fc\u30c8\uff09<\/li>\n
  12. The Capital Asset Pricing Model, Market Model, and Other Factor-Based Equity Models
    \n\uff08CAPM\u3001\u30de\u30fc\u30b1\u30c3\u30c8\u30e2\u30c7\u30eb\u3001\u304a\u3088\u3073\u305d\u306e\u4ed6\u306e\u30d5\u30a1\u30af\u30bf\u30fc\u30d9\u30fc\u30b9\u306e\u682a\u5f0f\u30e2\u30c7\u30eb\uff09<\/li>\n<\/ol>\n<\/td>\n<\/tr>\n
\u50b5\u5238<\/strong>
\n\uff08Fixed Income\uff09<\/p>\n
<\/div>\n

11~14%<\/span><\/th>\n

\n
    \n
  1. \u50b5\u5238\u306e\u7279\u5fb4
    \n\uff08Fixed-Income Instrument Features\uff09<\/li>\n
  2. \u50b5\u5238\u306e\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3068\u7a2e\u985e
    \n\uff08Fixed-Income Cash Flows and Types\uff09<\/li>\n
  3. \u50b5\u5238\u306e\u767a\u884c\u3068\u53d6\u5f15
    \n\uff08Fixed-Income Issuance and Trading\uff09<\/li>\n
  4. \u4f01\u696d\u767a\u884c\u4f53\u306e\u50b5\u5238\u5e02\u5834
    \n\uff08Fixed-Income Markets for Corporate Issuers\uff09<\/li>\n
  5. \u653f\u5e9c\u767a\u884c\u4f53\u306e\u50b5\u5238\u5e02\u5834
    \n\uff08Fixed-Income Markets for Government Issuers\uff09<\/li>\n
  6. \u50b5\u5238\u4fa1\u5024\uff1a\u4fa1\u683c\u3068\u5229\u56de\u308a
    \n\uff08Fixed-Income Bond Valuation: Prices and Yields\uff09<\/li>\n
  7. \u50b5\u5238\u306b\u304a\u3051\u308b\u5229\u56de\u308a\u3068\u5229\u56de\u308a\u30b9\u30d7\u30ec\u30c3\u30c9\u306e\u6307\u6a19
    \n\uff08Yield and Yield Spread Measures for Fixed-Rate Bonds\uff09<\/li>\n
  8. \u5909\u52d5\u5229\u4ed8\u50b5\u306b\u304a\u3051\u308b\u5229\u56de\u308a\u3068\u30b9\u30d7\u30ec\u30c3\u30c9\u306e\u6307\u6a19
    \n\uff08Yield and Yield Spread Measures for Floating-Rate Instruments\uff09<\/li>\n
  9. \u91d1\u5229\u306e\u671f\u9593\u69cb\u9020\uff1a\u30b9\u30dd\u30c3\u30c8\u3001\u30d1\u30fc\u3001\u304a\u3088\u3073\u30d5\u30a9\u30ef\u30fc\u30c9\u30ab\u30fc\u30d6
    \n\uff08The Term Structure of Interest Rates: Spot, Par, and Forward Curves\uff09<\/li>\n
  10. \u91d1\u5229\u30ea\u30b9\u30af\u3068\u30ea\u30bf\u30fc\u30f3
    \n\uff08Interest Rate Risk and Return\uff09<\/li>\n
  11. \u5229\u56de\u308a\u30d9\u30fc\u30b9\u306e\u50b5\u5238\u30c7\u30e5\u30ec\u30fc\u30b7\u30e7\u30f3\u306e\u6307\u6a19\u3068\u7279\u6027
    \n\uff08Yield-Based Bond Duration Measures and Properties\uff09<\/li>\n
  12. \u5229\u56de\u308a\u30d9\u30fc\u30b9\u306e\u50b5\u5238\u30b3\u30f3\u30d9\u30af\u30b7\u30c6\u30a3\u3068\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u7279\u6027
    \n\uff08Yield-Based Bond Convexity and Portfolio Properties\uff09<\/li>\n
  13. \u30a4\u30fc\u30eb\u30c9\u30ab\u30fc\u30d6\u3084\u7d4c\u9a13\u306b\u57fa\u3065\u304f\u50b5\u5238\u30ea\u30b9\u30af\u306e\u6307\u6a19
    \n\uff08Curve-Based and Empirical Fixed-Income Risk Measures\uff09<\/li>\n
  14. \u4fe1\u7528\u30ea\u30b9\u30af
    \n\uff08Credit Risk\uff09<\/li>\n
  15. \u653f\u5e9c\u767a\u884c\u4f53\u306e\u4fe1\u7528\u5206\u6790
    \n\uff08Credit Analysis for Government Issuers\uff09<\/li>\n
  16. \u4f01\u696d\u767a\u884c\u4f53\u306e\u4fe1\u7528\u5206\u6790
    \n\uff08Credit Analysis for Corporate Issuers\uff09<\/li>\n
  17. \u8a3c\u5238\u5316\u5546\u54c1
    \n\uff08Fixed-Income Securitization\uff09<\/li>\n
  18. \u8cc7\u7523\u62c5\u4fdd\u8a3c\u5238\uff08ABS\uff09\u306e\u7279\u5fb4
    \n\uff08Asset-Backed Security (ABS) Instrument and Market Features\uff09<\/li>\n
  19. \u4f4f\u5b85\u62c5\u4fdd\u8a3c\u5238\uff08MBS\uff09\u306e\u7279\u5fb4
    \n\uff08Mortgage-Backed Security (MBS) Instrument and Market Features\uff09<\/li>\n<\/ol>\n<\/td>\n<\/tr>\n
\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6<\/strong>
\n\uff08Derivatives\uff09<\/p>\n
<\/div>\n

5~8%<\/span><\/th>\n

\n
    \n
  1. \u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\u5546\u54c1\u3068\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\u5e02\u5834\u306e\u7279\u5fb4
    \n\uff08Derivative Instrument and Derivative Market Features\uff09<\/li>\n
  2. \u5c06\u6765\u53d6\u5f15\u4e88\u7d04\u3068\u6761\u4ef6\u4ed8\u8acb\u6c42\u6a29\u306e\u7279\u5fb4\u3068\u5546\u54c1
    \n\uff08Forward Commitment and Contingent Claim Features and Instruments\uff09<\/li>\n
  3. \u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\u306e\u5229\u70b9\u3001\u30ea\u30b9\u30af\u3001\u767a\u884c\u8005\u304a\u3088\u3073\u6295\u8cc7\u5bb6\u306e\u4f7f\u7528\u6cd5
    \n\uff08Derivative Benefits, Risks, and Issuer and Investor Uses\uff09<\/li>\n
  4. \u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\u306e\u4fa1\u683c\u8a2d\u5b9a\u306b\u304a\u3051\u308b\u88c1\u5b9a\u53d6\u5f15\u3001\u8907\u88fd\u3001\u304a\u3088\u3073\u30ad\u30e3\u30ea\u30fc\u30b3\u30b9\u30c8
    \n\uff08Arbitrage, Replication, and the Cost of Carry in Pricing Derivatives\uff09<\/li>\n
  5. \u7570\u306a\u308b\u6e80\u671f\u3092\u6301\u3064\u5bfe\u8c61\u8cc7\u7523\u306b\u5bfe\u3059\u308b\u5148\u6e21\u5951\u7d04\u306e\u4fa1\u683c\u3068\u6642\u4fa1
    \n\uff08Pricing and Valuation of Forward Contracts and for an Underlying with Varying Maturities\uff09<\/li>\n
  6. \u5148\u7269\u53d6\u5f15\u306e\u4fa1\u683c\u3068\u6642\u4fa1
    \n\uff08Pricing and Valuation of Futures Contracts\uff09<\/li>\n
  7. \u91d1\u5229\u7b49\u5404\u7a2e\u30b9\u30ef\u30c3\u30d7\u53d6\u5f15\u306e\u4fa1\u683c\u3068\u6642\u4fa1
    \n\uff08Pricing and Valuation of Interest Rates and Other Swaps\uff09<\/li>\n
  8. \u30aa\u30d7\u30b7\u30e7\u30f3\u306e\u4fa1\u683c\u3068\u6642\u4fa1
    \n\uff08Pricing and Valuation of Options\uff09<\/li>\n
  9. \u30d7\u30c3\u30c8\u30fb\u30b3\u30fc\u30eb\u30fb\u30d1\u30ea\u30c6\u30a3\u3092\u7528\u3044\u305f\u30aa\u30d7\u30b7\u30e7\u30f3\u306e\u8907\u88fd
    \n\uff08Option Replication Using Put\u2013Call Parity\uff09<\/li>\n
  10. \u4e00\u671f\u4e8c\u9805\u30e2\u30c7\u30eb\u3092\u7528\u3044\u305f\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\u306e\u8a55\u4fa1
    \n\uff08Valuing a Derivative Using a One-Period Binomial Model\uff09<\/li>\n<\/ol>\n<\/td>\n<\/tr>\n
\u30aa\u30eb\u30bf\u30ca\u30c6\u30a3\u30d6\u6295\u8cc7<\/strong>
\n\uff08Alternative Investments\uff09<\/p>\n
<\/div>\n

7~10%<\/span><\/th>\n

\n
    \n
  1. \u30aa\u30eb\u30bf\u30ca\u30c6\u30a3\u30d6\u6295\u8cc7\u306e\u7279\u5fb4\u3001\u624b\u6cd5\u3001\u304a\u3088\u3073\u69cb\u9020
    \n\uff08Alternative Investment Features, Methods, and Structures\uff09<\/li>\n
  2. \u30aa\u30eb\u30bf\u30ca\u30c6\u30a3\u30d6\u6295\u8cc7\u306e\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u3068\u53ce\u76ca
    \n\uff08Alternative Investment Performance and Returns\uff09<\/li>\n
  3. \u672a\u4e0a\u5834\u8cc7\u672c\u3078\u306e\u6295\u8cc7\uff1a\u682a\u5f0f\u3068\u50b5\u5238
    \n\uff08Investments in Private Capital: Equity and Debt\uff09<\/li>\n
  4. \u4e0d\u52d5\u7523\u3068\u30a4\u30f3\u30d5\u30e9
    \n\uff08Real Estate and Infrastructure\uff09<\/li>\n
  5. \u5929\u7136\u8cc7\u6e90
    \n\uff08Natural Resources\uff09<\/li>\n
  6. \u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9
    \n\uff08Hedge Funds\uff09<\/li>\n
  7. \u30c7\u30b8\u30bf\u30eb\u30a2\u30bb\u30c3\u30c8\u306e\u6982\u8981
    \n\uff08Introduction to Digital Assets\uff09<\/li>\n<\/ol>\n<\/td>\n<\/tr>\n
\u502b\u7406\u898f\u7bc4\u304a\u3088\u3073\u8077\u696d\u884c\u70ba\u57fa\u6e96<\/strong>\uff08Ethical and Professional Standards\uff09<\/p>\n

15~20%<\/span><\/p>\n

GIPS\u524a\u9664<\/span><\/th>\n

\n
    \n
  1. \u6295\u8cc7\u30d7\u30ed\u30d5\u30a7\u30c3\u30b7\u30e7\u30ca\u30eb\u306b\u95a2\u3059\u308b\u502b\u7406\u3068\u4fe1\u983c
    \n\uff08Ethics and Trust in the Investment Profession\uff09<\/li>\n
  2. \u502b\u7406\u898f\u7bc4\u304a\u3088\u3073\u8077\u696d\u884c\u70ba\u57fa\u6e96\uff08Code of Ethics and Standards of Professional Conduct\uff09<\/li>\n
  3. \u8077\u696d\u884c\u70ba\u57fa\u6e96 I-VII\u306e\u30ac\u30a4\u30c0\u30f3\u30b9\uff08Guidance for Standards I-VII\uff09<\/li>\n
  4. \u502b\u7406\u898f\u7bc4\u306e\u5fdc\u7528
    \n\uff08Ethics Application\uff09<\/li>\n<\/ol>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    \u51fa\u6240\uff1aCFA Institute (2027 Level I Topic Outlines combined<\/a>)<\/p>\n

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    FA-Academy\u3067\u306f\u5727\u5012\u7684\u6e80\u8db3\u5ea6\u3092\u8a87\u308b\u30d5\u30eb\u30b5\u30dd\u30fc\u30c8\u3092\u63d0\u4f9b\u3057\u3066\u3044\u307e\u3059\uff01<\/div>\n<\/div><\/div>\n

    https:\/\/triumphmind.com\/cfa\/2025\/06\/30\/leveraged-support-course\/<\/p>\n