The document discusses the Chartered Financial Analyst (CFA) program. It provides an overview of what the CFA is, which is a globally recognized graduate-level program that provides skills in investment analysis and portfolio management. It notes some advantages to becoming a CFA charter holder such as membership in a prestigious global community, life-long learning, and career benefits. The requirements to become a CFA charter holder are outlined as passing all three levels of the CFA exam in succession, acquiring 48 months of acceptable professional work experience, and joining the CFA Institute. Information is also provided on who can apply, recommended study materials and plans, and tips for success on the exam.

1. CFA PROGRAM
KONUL JAVADOVA, CFA
LEAD RISK ANALYST
THE STATE OIL FUND OF AZERBAIJAN

2. WHAT IS CFA?
• The Chartered Financial Analyst (CFA) Program is a globally
recognized, graduate level curriculum that provides a strong
foundation of real-world investment analysis and portfolio
management skills along with the practical knowledge you need in
today’s investment industry. It also emphasizes the highest ethical
and professional standards.

3. ADVANTAGES OF BEING A CFA
CHARTERHOLDER
• Membership in a prestigious global community of investment professionals
• Life-long learning process
• Ethical grounding and deep analytical skills
• Great credential to your CV
• Reputational benefit

4. REQUIREMENTS TO BECOME A CFA
CHARTERHOLDER
The CFA Institute requires three steps to become a CFA charter holder. They include:

Pass all three levels of the CFA exam in succession

Acquire 48 months of "acceptable professional work experience“

Join the CFA Institute, which includes completing a professional conduct statement and affiliate with a
local chapter. (To view the complete list of steps, visit the CFA Institute’s website.)

5. WHO CAN APPLY?
To meet the entrance requirements:
 Have a bachelor's (or equivalent) degree
 or be in the final year of your bachelor's degree program at the time of registration
 or have four years of professional work experience (does not have to be investment related)
 or have a combination of professional work and college experience that totals at least four years. Part-time
positions do not qualify, and the four-year total must be accrued prior to enrollment.
 Make sure you understand the Professional Conduct Statement and Candidate Responsibility Statement.
 Be prepared to take the exams in English.
 Have a valid international travel passport (required for exam registration and admission to the test
center).

6. HOW SHOULD I STUDY (WHERE TO START) ?
 Start early
 Get support
 Study each book thoroughly
 Do lots of practice questions
 Use your approved calculator

7. WHICH BOOKS, COURSES SHOULD I
FOLLOW?
The candidate body of knowledge (CBOK) tests candidates on ethics, quantitative analysis, financial
statement analysis, economics, portfolio analysis, corporate finance and the analysis of stocks, bonds and
alternative investments.
• CFA Program Curriculum - a lot of materials divided into 18 study sessions. 6 books.
• Schweser – 6 books, 5 of them are Study materials, the last one – is a test book.

8. WHAT SHOULD BE MY STUDY PLAN?
• Start reading the study books 6 months before the exam day. At the same time prepare the brief notes.
• Finish your material 3 months before the exam day. And start to review your notes. If you read CFA
Program Curriculum, you may review all the materials using Schweser books.
• 1 month before exam date do tests intensively. You should be prepared for a 3 hour exam.
• 1 week before the exam day look through your self-made notes again.

9. Thank you
&
Good Luck!!!