Securities Analyst CMA Level1

A focused study app for Subject I, "Securities Analysis and Portfolio Management," of the CMA Level 1 exam run by the Securities Analysts Association of Japan. It carries the heaviest score weight of the level, and this app works through it with 500 questions and a walkthrough for every one.

» Five areas, fully covered
· Securities markets and investment theory (120)
· Equity and fixed-income analysis (110)
· Derivatives and risk management (110)
· Portfolio management and asset allocation (90)
· Performance evaluation and behavioral finance (70)
Calculation items explain why each formula applies, not just the final number.

» Built from exam trends
Questions are written around the themes that keep coming back, so you build reasoning you can carry into unseen problems rather than memorized answers.

» Three ways to close gaps
· Sequential or shuffled practice
· Spaced-repetition review plus a wrong-answers-only drill
· Timed mock tests in the real format, with a pass estimate

» Terms on tap
A 1,041-term glossary covers duration, Sharpe ratio, CAPM, option greeks and more. Tap a term inside a question to see it instantly, or ask the built-in AI.

» See your progress
Study time, accuracy and per-area mastery are charted, so the distance to a passing score and your weak spots stay visible.

» Study anywhere
Questions, explanations and the glossary live on your device, so it works without a connection. No ads.

Note: this is an unofficial prep app and is not affiliated with the Securities Analysts Association of Japan.