Agenda 01   Overview CFA Institute 02   The CFA® Programme 03   CFA Benefits 04   Work Profiles 05   Employers 06   Indust...
CFA Institute : Overview  <ul><li>CFA Institute is based out of Charlottesville, Virginia </li></ul><ul><li>Formerly known...
The CFA® Programme : Overview  02 EXAMINATIONS CURRICULUM BODY OF  KNOWLEDGE    PRACTICE ANALYSIS GRADING MINIMUM PASSING...
The CFA® Programme : The 3 Levels <ul><li>CFA Charter consists of : </li></ul><ul><ul><li>3 Exams also called 3 Levels </l...
Course Structure 02 Source: CFA Institute Website Investment Tools Asset Valuation Portfolio Management © Copyright 2010  ...
CFA Benefits 03 <ul><li>Current & Application driven </li></ul><ul><ul><li>CFA Program is developed by practitioners. At t...
Work Profiles 04 <ul><li>The work performed by a CFA can be extremely challenging and rewarding in monetary terms and in t...
Employers 05 <ul><li>An increasing number of employers worldwide are requiring the CFA charter (or at least participation ...
Industry Recognition 06 <ul><li>CFA Charter  has been around for 50 years and is considered as the “gold standard” in fina...
Fee Structure & Deadline for June 2011 07 Source: CFA Institute,  © Copyright 2010  Knowledge Varsity |  www.knowledgevars...
Knowledge Varsity Offering 08 <ul><li>Comprehensive coaching   </li></ul><ul><ul><li>Covers entire syllabus for Level 1 CF...
What it takes to pass the exam 09 <ul><li>Hard Work </li></ul><ul><ul><li>All of us are employed, but to grow in our caree...
Contact Us! 10 Should you require more information on  CFA Program  or  Our Coaching Classes Reach us at  +91-94487-06666 ...
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Chartered Financial Analyst (CFA) Course Overview by Knowledge Varsity

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This presentation gives an overview of the CFA Level 1 Programme. Many students are not aware about the pass rate, course structure, requirements for the CFA Charter. This presentation will help them understand about the Chartered Financial Analyst Program.

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Chartered Financial Analyst (CFA) Course Overview by Knowledge Varsity

  1. 1. 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 June 2011 08 Knowledge Varsity Offering 09 What it takes to pass the exam 10 Contact Information © Copyright 2010 Knowledge Varsity | www.knowledgevarsity.com | Page No.
  2. 2. CFA Institute : Overview <ul><li>CFA Institute is based out of Charlottesville, Virginia </li></ul><ul><li>Formerly known as AIMR (Association of Investment Management and Research ) </li></ul><ul><li>Global, Non-profit organization </li></ul><ul><li>Nearly 108,000 members world-wide </li></ul><ul><li>Leads the investment profession globally by setting the highest standards in ethics, education and professional excellence </li></ul><ul><li>Globally recognized gold standard in investment management </li></ul><ul><ul><li>Global in design and outlook </li></ul></ul><ul><ul><li>Rigorous broad based intensive self study graduate level program </li></ul></ul><ul><ul><li>Benefits include: </li></ul></ul><ul><ul><ul><li>International recognition and competitive advantage in job market </li></ul></ul></ul><ul><ul><ul><li>Solid knowledge base and skill sets </li></ul></ul></ul><ul><ul><ul><li>Respect and Credibility </li></ul></ul></ul><ul><ul><ul><li>Connections – over 95,000 charter holders across the globe! </li></ul></ul></ul>01 © Copyright 2010 Knowledge Varsity | www.knowledgevarsity.com | Page No.
  3. 3. The CFA® Programme : Overview 02 EXAMINATIONS CURRICULUM BODY OF KNOWLEDGE  PRACTICE ANALYSIS GRADING MINIMUM PASSING SCORE (MPS) - CFA INSTITUTE GOVERNORS CCC COE Practitioners at every step of the process EXAMINATION ADMINISTRATION Source: CFA Institute Website © Copyright 2010 Knowledge Varsity | www.knowledgevarsity.com | Page No.
  4. 4. The CFA® Programme : The 3 Levels <ul><li>CFA Charter consists of : </li></ul><ul><ul><li>3 Exams also called 3 Levels </li></ul></ul><ul><ul><li>Sequential program: Candidates have to pass Level 1 before Level 2 </li></ul></ul><ul><ul><li>Self study driven, based on reading assignments designed by the CFA Institute </li></ul></ul><ul><li>Level 1 : Foundation </li></ul><ul><ul><li>Focus is on the knowledge of the Investment Tools </li></ul></ul><ul><li>Level 2 : Valuation </li></ul><ul><ul><li>Focus is on understanding of the Asset Valuation techniques </li></ul></ul><ul><li>Level 3: Application </li></ul><ul><ul><li>Focus is on Portfolio Management </li></ul></ul><ul><li>Exam Type </li></ul><ul><ul><li>Level I is 100% multiple choice </li></ul></ul><ul><ul><li>Level II is 100% item set </li></ul></ul><ul><ul><li>Level III is 50% item set, 50% essay </li></ul></ul><ul><ul><li>Exams is conducted in two sessions of 3 Hours each (Morning and Afternoon) </li></ul></ul><ul><li>Eligibility </li></ul><ul><ul><li>Graduate from any discipline </li></ul></ul><ul><ul><li>Final Year students may also register to give the Level I exams </li></ul></ul><ul><ul><li>No Work Experience requirements for appearing for the exams </li></ul></ul><ul><ul><li>Minimum of 48 months relevant experience to receive charter </li></ul></ul>02 © Copyright 2010 Knowledge Varsity | www.knowledgevarsity.com | Page No.
  5. 5. Course Structure 02 Source: CFA Institute Website Investment Tools Asset Valuation Portfolio Management © Copyright 2010 Knowledge Varsity | www.knowledgevarsity.com | Page No. 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 Presentation 5% 5 - 15% 45 - 55%
  6. 6. CFA Benefits 03 <ul><li>Current & Application driven </li></ul><ul><ul><li>CFA Program is developed by practitioners. At the end of the program, candidate should be ready with knowledge and skills required to perform professional responsibilities such as constructing a portfolio or conduct valuations independently. </li></ul></ul><ul><li>Global scope and Opportunity with global firms: </li></ul><ul><ul><li>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. </li></ul></ul><ul><li>Life Long Learning Program </li></ul><ul><ul><li>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. </li></ul></ul><ul><li>Regulatory Waivers </li></ul><ul><ul><li>The Monetary Authorities in Singapore, Greece, Turkey, Hong Kong, Thailand, the United Kingdom, and in seven Canadian provinces </li></ul></ul><ul><ul><li>U.S. SEC grants blanket exemption for CFAs from passing licensing examination. </li></ul></ul>© Copyright 2010 Knowledge Varsity | www.knowledgevarsity.com | Page No.
  7. 7. Work Profiles 04 <ul><li>The work performed by a CFA can be extremely challenging and rewarding in monetary terms and in terms of professional satisfaction. </li></ul><ul><li>The areas where a CFA can use his skills are: </li></ul><ul><ul><li>Security Valuation </li></ul></ul><ul><ul><li>Portfolio Management </li></ul></ul><ul><ul><li>Investment management </li></ul></ul><ul><ul><li>Venture capital management </li></ul></ul><ul><ul><li>Credit rating </li></ul></ul><ul><ul><li>Corporate Finance </li></ul></ul><ul><ul><li>Risk Management </li></ul></ul><ul><ul><li>Financial Management </li></ul></ul><ul><ul><li>Business Analysis </li></ul></ul><ul><ul><li>Operations Analysis </li></ul></ul><ul><ul><li>Analytics </li></ul></ul><ul><ul><li>Consulting </li></ul></ul><ul><ul><li>Project Management </li></ul></ul><ul><ul><li>Information Technology </li></ul></ul>© Copyright 2010 Knowledge Varsity | www.knowledgevarsity.com | Page No.
  8. 8. Employers 05 <ul><li>An increasing number of employers worldwide are requiring the CFA charter (or at least participation in the Programme) for hiring and promotion </li></ul><ul><li>An increasing number of employers worldwide are substituting the CFA charter for graduate degrees when establishing job specifications. </li></ul><ul><li>Employers with largest number of charter holders </li></ul><ul><ul><li>Bank of America Merrill Lynch </li></ul></ul><ul><ul><li>Barclays </li></ul></ul><ul><ul><li>Morgan Stanley </li></ul></ul><ul><ul><li>Citigroup </li></ul></ul><ul><ul><li>Prudential </li></ul></ul><ul><ul><li>Goldman Sachs </li></ul></ul><ul><ul><li>J P Morgan </li></ul></ul><ul><ul><li>Deutsche Bank </li></ul></ul><ul><ul><li>Credit Suisse </li></ul></ul><ul><ul><li>Fidelity Investments </li></ul></ul><ul><ul><li>Northern Trust </li></ul></ul><ul><ul><li>State Street </li></ul></ul><ul><li>Most of the above firms have their offices in India hence providing attractive employment opportunities for the CFA candidates </li></ul>© Copyright 2010 Knowledge Varsity | www.knowledgevarsity.com | Page No.
  9. 9. Industry Recognition 06 <ul><li>CFA Charter has been around for 50 years and is considered as the “gold standard” in financial education and has wide industry acknowledgement </li></ul><ul><li>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. </li></ul><ul><li>The study also mentions that between a CFA and an MBA it is the CFAs who demand a higher average salary </li></ul><ul><li>The study also mentions that the combination of the charter and an M.B.A. ultimately proves to the most lucrative educational mix </li></ul><ul><li>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. </li></ul><ul><li>MBAs looking to enhance their finance credentials almost always end up taking CFA route as an entry strategy in to I-Banks </li></ul>© Copyright 2010 Knowledge Varsity | www.knowledgevarsity.com | Page No.
  10. 10. Fee Structure & Deadline for June 2011 07 Source: CFA Institute, © Copyright 2010 Knowledge Varsity | www.knowledgevarsity.com | Page No. June 2011 CFA Exam - Level I June 2011 CFA Exam - Level I Payment deadlines CFA Registration (new candidates only) + Exam Fees - E book discount = Total cost 22 Sep 2010: $405 + $630 $40 = $995 16 Feb 2011: $405 + $720 $40 = $1085 16 Mar 2011: $490 + $970 $40 = $1420 Payment deadlines CFA Registration (new candidates only) + Exam Fees + Shipping Charge = Total cost 22 Sep 2010: $405 + $630 $20 = $1055 16 Feb 2011: $405 + $720 $20 = $1145 16 Mar 2011: $490 + $970 $20 = $1480
  11. 11. Knowledge Varsity Offering 08 <ul><li>Comprehensive coaching </li></ul><ul><ul><li>Covers entire syllabus for Level 1 CFA (USA) exam </li></ul></ul><ul><ul><li>Get Certification in Financial Analysis from Knowledge Varsity </li></ul></ul><ul><li>Excellent Faculty </li></ul><ul><li>Cost Effective </li></ul><ul><li>Flexible Learning </li></ul><ul><ul><li>Contact classes on Sunday </li></ul></ul><ul><ul><li>In each class key concepts and problems will be discussed </li></ul></ul><ul><ul><li>Around 50-75 questions per topic area will be given as home work </li></ul></ul><ul><ul><li>Candidates are expected to complete the homework before the next class </li></ul></ul><ul><ul><li>Online sample test for each topic area to be completed by candidates </li></ul></ul><ul><ul><li>Interactive and collaborative environment </li></ul></ul><ul><li>High Quality Content </li></ul><ul><ul><li>Class handouts and notes which focus on key points </li></ul></ul><ul><ul><li>Homework assignments (in total more than 1500 problems) </li></ul></ul><ul><ul><li>Topic wise mock tests with feedback for improvement </li></ul></ul><ul><ul><li>Full length offline tests – Detailed analysis & comparison </li></ul></ul><ul><ul><li>Pre-class video content </li></ul></ul><ul><ul><li>Review Notes – Condensed notes for review </li></ul></ul>© Copyright 2010 Knowledge Varsity | www.knowledgevarsity.com | Page No.
  12. 12. What it takes to pass the exam 09 <ul><li>Hard Work </li></ul><ul><ul><li>All of us are employed, but to grow in our career effort is required </li></ul></ul><ul><ul><li>10 – 12 hours of work per week is the minimum requirement </li></ul></ul><ul><ul><li>CFA Institute recommends 250 hours of preparation – In our view you would need around 400-500 hours for preparation </li></ul></ul><ul><li>Planning </li></ul><ul><ul><li>Identification of strength and weak area topics by weight </li></ul></ul><ul><ul><li>Master the area that carry higher weight and excel in easy topics </li></ul></ul><ul><li>Review the concepts covered in class </li></ul><ul><ul><li>Focus on what the instructor is stressing, read the concepts </li></ul></ul><ul><ul><li>Get your doubts covered in class – no doubt is silly </li></ul></ul><ul><ul><li>Work in a team to understand the difficult and tricky area </li></ul></ul><ul><li>Solve exam questions </li></ul><ul><ul><li>Fully understand the concepts and their application to problem solving </li></ul></ul><ul><ul><li>Without solving questions, it is very difficult to pass CFA </li></ul></ul><ul><li>Practice makes man perfect! </li></ul><ul><ul><li>Complete the online sample examination </li></ul></ul><ul><ul><li>Take 2 offline tests to ensure that you are geared for the grueling 6 hours </li></ul></ul><ul><ul><li>Take CFA mock exam paper </li></ul></ul>© Copyright 2010 Knowledge Varsity | www.knowledgevarsity.com | Page No.
  13. 13. Contact Us! 10 Should you require more information on CFA Program or Our Coaching Classes Reach us at +91-94487-06666 Or Mail to [email_address] © Copyright 2010 Knowledge Varsity | www.knowledgevarsity.com | Page No.

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