chartered financial analyst (cfa) course overview from knowledge varsity for dec 2011

8/6/2019 Chartered Financial Analyst (CFA) Course Overview From Knowledge Varsity For Dec 2011

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For More Information : Call +91-94487-06666 or email to [email protected]

Agenda

01 Overview CFA Institute

02 The CFA Programme

03 CFA Benefits

04 Work Profiles

05 Employers

06 Industry Recognition

07 Fees and Deadlines for Dec 2011

08 Knowledge Varsity Offering

09 What it takes to pass the exam

10 Contact Information

1 Copyright 2010 Knowledge Varsity |www.knowledgevarsity.com | Page No.


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CFA Institute : Overview

CFA Institute is based out of Charlottesville, Virginia

Formerly known as AIMR (Association of Investment Management and Research )

Global, Non-profit organization

Nearly 108,000 members world-wide

Leads the investment profession globally by setting the highest standards in ethics,education and professional excellence

Globally recognized gold standard in investment management

Global in design and outlook Rigorous broad based intensive self study graduate level program Benefits include:

International recognition and competitive advantage in job market

Solid knowledge base and skill sets

Respect and Credibility

Connections over 95,000 charter holders across the globe!

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The CFA Programme : Overview02

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EXAMINATIONS

CURRICULUM

BODY OFKNOWLEDGE

PRACTICE ANALYSIS

GRADING

MINIMUM PASSINGSCORE (MPS) -CFA INSTITUTE

GOVERNORS

CCC

COE

Practitioners at

every step of

the process

EXAMINATION

ADMINISTRATION

Source: CFA Institute Website

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The CFA Programme : The 3 Levels

CFA Charter consists of :

3 Exams also called 3 Levels

Sequential program: Candidates have to pass Level 1 before Level 2 Self study driven, based on reading assignments designed by the CFA Institute

Level 1 : Foundation

Focus is on the knowledge of the Investment Tools

Level 2 : Valuation

Focus is on understanding of the Asset Valuation techniques Level 3: Application

Focus is on Portfolio Management

Exam Type

Level I is 100% multiple choice Level II is 100% item set

Level III is 50% item set, 50% essay Exams is conducted in two sessions of 3 Hours each (Morning and Afternoon)

Eligibility

Graduate from any discipline Final Year students may also register to give the Level I exams No Work Experience requirements for appearing for the exams Minimum of 48 months relevant experience to receive charter

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Course Structure02

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Topic Areas Level I Level II Level III

Ethics/ Professional Standards 15% 10% 10%

Quantitative Methods 12% 5 - 10% 0%

Economics 10% 5 - 10% 0%

Financial Statements Analysis 20% 15 - 25% 0%

Corporate Finance 8% 5 - 15% 0%

Equity Analysis 10% 20 - 30% 5 - 15%

Fixed Income 12% 5 - 15% 10 - 20%

Derivatives 5% 5 - 15% 5 - 15%

Alternative Investments 3% 5 - 15% 5 - 15%

Portfolio Management and

Performance Presentation5% 5 - 15% 45 - 55%

Source: CFA Institute Website

Investment

Tools

Asset

Valuation

Portfolio

Management



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CFA Benefits03

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Current & Application driven

CFA Program is developed by practitioners. At the end of the program, candidateshould be ready with knowledge and skills required to perform professional

responsibilities such as constructing a portfolio or conduct valuations independently.

Global scope and Opportunity with global firms:

CFA Program is global in scope and not country specific. Candidate should be in a

position function in markets across the globe. This further opens up job opportunity.

Life Long Learning Program

Once a student acquires a CFA, then he/she can access all of the materials developed

over time from CFA website such as videos, research articles, conferences etc.

Regulatory Waivers

The Monetary Authorities in Singapore, Greece, Turkey, Hong Kong, Thailand, the

United Kingdom, and in seven Canadian provinces

U.S. SEC grants blanket exemption for CFAs from passing licensing examination.



7/12For More Information : Call +91-94487-06666 or email to [email protected]

Work Profiles04

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The work performed by a CFA can be extremely challenging and rewarding in

monetary terms and in terms of professional satisfaction.

The areas where a CFA can use his skills are:

Security Valuation

Portfolio Management

Investment management

Venture capital management

Credit rating

Corporate Finance

Risk Management

Financial Management

Business Analysis

Operations Analysis

Analytics

Consulting

Project Management

Information Technology




Employers05

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An increasing number of employers worldwide are requiring the CFA charter (or at

least participation in the Programme) for hiring and promotion

An increasing number of employers worldwide are substituting the CFA charter for

graduate degrees when establishing job specifications.

Employers with largest number of charter holders

Bank of America Merrill Lynch

Barclays Morgan Stanley

Citigroup

Prudential

Goldman Sachs

J P Morgan

Deutsche Bank

Credit Suisse

Fidelity Investments

Northern Trust

State Street

Most of the above firms have their offices in India hence providing attractive

employment opportunities for the CFA candidates




Industry Recognition06

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CFA Charter has been around for 50 years and is considered as the gold standard

in financial education and has wide industry acknowledgement

A Russell Reynolds study quoted on the CFA Institute website talks about CFA-

charter holding individuals out-earning their peers by over 50 pc across experience

levels.

The study also mentions that between a CFA and an MBA it is the CFAs who

demand a higher average salary

The study also mentions that the combination of the charter and an M.B.A.

ultimately proves to the most lucrative educational mix

The Financial Times in an article mentions that the value of the charter is even

higher in Asian economies like India and China because of the credential oriented

culture.

MBAs looking to enhance their finance credentials almost always end up taking

CFA route as an entry strategy in to I-Banks




Fee Structure & Deadline for Dec 201107

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Source: CFA Institute,


Payment

deadlines

CFA Registration

(new candidates only)

+ Exam Fees - E bookdiscount

= Total

cost

16 Mar 2011: $405 + $630 $40 = $995

24 Aug 2011: $405 + $720 $40 = $1085

14 Sep 2011: $490 + $970 $40 = $1420

Dec 2011 CFA Exam - Level I

Payment

deadlines

CFA Registration

(new candidates only)

+ Exam Fees + ShippingCharge

= Total

cost

16 Mar 2011: $405 + $630 $20 = $1055

24 Aug 2011: $405 + $720 $20 = $1145

14 Sep 2011: $490 + $970 $20 = $1480

Dec 2011 CFA Exam - Level I



Knowledge Varsity Offering08 Comprehensive coaching

Covers entire syllabus for Level 1 CFA (USA) exam

Get Certification in Financial Analysis from Knowledge Varsity

Excellent Faculty

Cost Effective

Flexible Learning

Contact classes on Sunday

In each class key concepts and problems will be discussed Around 50-75 questions per topic area will be given as home work

Candidates are expected to complete the homework before the next class

Online sample test for each topic area to be completed by candidates

Interactive and collaborative environment

High Quality Content

Class handouts and notes which focus on key points

Homework assignments (in total more than 1500 problems)

Topic wise mock tests with feedback for improvement

Full length offline tests Detailed analysis & comparison

Pre-class video content

Review Notes Condensed notes for review




What it takes to pass the exam09

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Hard Work All of us are employed, but to grow in our career effort is required

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12 hours of work per week is the minimum requirement CFA Institute recommends 250 hours of preparation In our view you

would need around 400-500 hours for preparation

Planning Identification of strength and weak area topics by weight Master the area that carry higher weight and excel in easy topics

Review the concepts covered in class Focus on what the instructor is stressing, read the concepts Get your doubts covered in class no doubt is silly Work in a team to understand the difficult and tricky area

Solve exam questions Fully understand the concepts and their application to problem solving Without solving questions, it is very difficult to pass CFA

Practice makes man perfect! Complete the online sample examination Take 2 offline tests to ensure that you are geared for the grueling 6 hours Take CFA mock exam paper


chartered financial analyst (cfa) course overview from knowledge varsity for dec 2011

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