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CFA® - Chartered Financial Analyst®

www.simplilearn.com
What is CFA® Certification?
Chartered Financial Analyst (CFA)® certification is a globally recognized
graduate level program offered by CFA Institute, USA to financial analysts
& investment professionals.
The certification not only provides a general overview on other areas of
finance but also aims at providing practical knowledge to professionals on
today’s investment industry.
CFA® credential certifies an individual’s in-depth knowledge in security
types and investments along with maintaining the highest ethical &
professional standards.
Completing the CFA® Program (i.e., CFA® Level I, II & III) certifications is
one of the requirements that needs to be fulfilled by candidates before
becoming a ‘CFA Charter’.

www.simplilearn.com
CFA Institute
• CFA Institute is a global association of investment professionals that
traces its lineage back to the establishment of the Financial Analysts
Federation (FAF) in 1947
• The first CFA exam was administered in 1963
• Earlier it was known as ‘Association for Investment Management
and Research’ (AIMR) changed its name to CFA Institute in 2004

1963

2012

284 Senior
Analysts

219,000
candidates

www.simplilearn.com
 Target Audience

 Benefits of CFA® Certification







Globally Recognized Professional Certification
Growth in terms of Career Prospects
Increased Earnings
Enhance one’s knowledge with regard to the Investment industry
Can prepare for CFA Charter without quitting ones job
With CFA program one will join an elite group of 90,000 respected
investment professionals working in over 130 countries
www.simplilearn.com
 Pre-requisites for CFA® Exam
- A completed bachelor’s or equivalent degree, OR
- Be in the final year of a bachelor’s degree program at the time of registration, OR
- Have 4 years of professional work experience – can be non-investment related, OR
- Have a combination of full time professional experience and college education that
totals at least 4 years &
- A valid Passport
Complete CFA® Program (Level I, II & III)

Have 4 years of qualified Investment Experience

Earning a CFA® Charter

Apply for membership at local CFA member society

Become a member of CFA Institute

Pledge CFA Institute’s Code of Ethics & Professional
Conduct

www.simplilearn.com
CFA® Examination Syllabus
A committee of practicing CFA charterholders, in conjunction with CFA
Institute staff, have formed the ‘Candidate Body of Knowledge’ (CBOK). It
represents the core knowledge, skills and abilities generally accepted and
applied by investment professionals globally
Topic Area along with their Weightage (%)

Level I

Level II

Level III

Ethical and Professional Standards (total)

15

10

10

Investment Tools (total)

50

30-60

0

Corporate Finance

8

5-15

0

Economics*

10

5-10

0

Financial Reporting and Analysis

20

15-25

0

Quantitative Methods

12

5-10

0

30

35-75

35-45

Alternative Investments

3

5-15

5-15

Derivatives

5

5-15

5-15

Equity Investments

10

20-30

5-15

Fixed Income

12

5-15

10-20

Portfolio Management and Wealth Planning (total)

5

5-15

45-55

Total

100

100

100

Asset Classes (total)

*Economics is part of Portfolio Management at Level III

www.simplilearn.com
Program Path
CFA® Level II
December
June

June

June
CFA® Level III

CFA® Level 1

Exam Centers in India
June Exam
- Delhi, Mumbai, Bangalore, Chennai, Pune, Kolkata
December Exam - Delhi, Mumbai, Bangalore

www.simplilearn.com
Examination Fees for June 2014 Exam
Curriculum eBook
First-time Enrollment
Fee

Deadline
First deadline 25 September 2013
11:59 p.m. ET
Second deadline12 February 2014
11:59 p.m. ET
Final deadline12 March 2014
11:59 p.m. ET

Exam Fee

Total

Deadline Passed

Deadline Passed

$440

$800

$1240

$440

$1170

$1610

First-time CFA Program applicants pay an initial one-time enrollment fee;
Returning candidates pay only the exam registration fee

Examination Registration Process
An individual can register for the Chartered Financial Analyst (CFA)®
Examination by filling the online application available at
www.cfainstitute.org
Registration for the examination usually opens about 11 months before the
examination date
www.simplilearn.com
Examination Format
CFA® Level I Examination
Exam Format

Total Examination
Questions

Pass rate(%)*

Examination
Duration

Exam Type

Multiple Choice

240 (divided into 2
sessions)

37% - 38%

3 hours for each
session

No negative
markings

CFA® Level II Examination
Exam Format

Total Examination
Questions

Pass rate(%)*

Examination
Duration

Exam Type

Essay & Item Set
Type

20 (divided into 2
sessions)

42%

3 hours for each
session

No negative
markings

Exam Results are announced within 60 days after exam date for Level I & Level II

CFA® Level III Examination
Exam Format

Total Examination
Questions

Pass rate(%)*

Examination
Duration

Exam Type

Essay Type

10 – 15

52%

3 hours

No negative
markings

Exam Results are announced 90 days after exam date for Level III

www.simplilearn.com
What does each exam level cover?
At Level I, basic knowledge and comprehension questions are asked focusing on asset
valuation. Level II further emphasizes analysis along with application, while Level III
focuses on synthesizing basic knowledge with evaluation tools and analytical methods.
LEVEL I–TOOLS
• Tools and concepts that apply to investment valuation and portfolio management
• Basic concepts regarding asset classes, securities, and markets
• CFA Institute Code of Ethics and Standards of Professional Conduct
LEVEL II–ASSET VALUATION
• Application of tools and concepts of investment valuation
• Industry and company analysis
• Analysis of investment vehicles and instruments
• CFA Institute Code of Ethics and Standards of Professional Conduct
LEVEL III–PORTFOLIO MANAGEMENT
• Management of institutional and individual portfolios
• Management of specific asset class portfolios
• CFA Institute Code of Ethics and Standards of Professional Conduct
www.simplilearn.com
Calculator Usage
Only two calculator models are authorized for use during CFA Program
exams:
• Texas Instruments BA II Plus (including BA II Plus Professional)
• Hewlett Packard 12C (including the HP 12C Platinum, 12C Platinum
25th anniversary edition, 12C 30th anniversary edition, and HP 12C
Prestige)

www.simplilearn.com
What Job Does CFA prepare you for?

www.simplilearn.com
Top CFA recruiters

www.simplilearn.com
Simplilearn CFA Level I Workshop
The workshop shall help in:
•
•
•
•

Preparing for a exam having globally recognized professional credential
Demonstrating one as a skilled finance and investment professional
Demonstrating one’s practical skills on finance
Opening up greater prospects in the career field

Who should attend ?
• Students who want to enter finance or investment profession
• Career changers (students with non-investment backgrounds) to gain
broader professional expertise and to make a career change into the
investment profession

www.simplilearn.com
Simplilearn Credentials
Simplilearn is global training provider for professional certifications and have
trained more than 75000 professional across 150+ countries. We are regular
classroom and corporate training provider for PMP, CFA, FRM, PRINCE2, ITIL,
CISSP. Some of the credentials (but not limited to) to be noted for Simplilearn
are:
• Global Registered Education Provider (REP) of PMI, USA. Our REP ID is
3147
• CFA Institute Prep Providers for CFA Level I
• GARP Exam Preparation Providers for FRM Part I

www.simplilearn.com
Why Simplilearn ?
• Simplilearn is listed as a ‘CFA Training Provider/Exam Prep Provider’ by CFA
Institute, USA
• Simplilearn provides both Blended Model of Learning as well as Online
based training for CFA® courses along with providing Live Virtual Class &
Practice Tests
• 24/7 customer support via chat, email and phone
• Interactive classroom sessions conducted by highly qualified and
experienced instructors

www.simplilearn.com
CFA® Level 1: Online Training Offerings
CFA® Level 1 Online Training includes:• 10 full length audio-video chapters as per CFA® Level 1 syllabus
• 6 full-length CFA® Level 1 Test Papers
• Each test paper consists of 240 questions with detailed answers
• Usage of Financial Calculators chapter included
• 24/7 Access to Course content (30/60/90/180 days access)
• Access to Moderated Discussion Forums, Free Resources & Blogs
• 24/7 Customer Support via Telephone, Email & Chat
• Price :- INR 5,000 for 30 days access

www.simplilearn.com
CFA® (Level 1): Classroom Training Offerings
CFA® Level I Classroom Training with 100% Money Back Guarantee
• 100 hours CFA® Level 1 Classroom Training
• Access to CFA® Level 1 e-learning content (180 days)
• 6 CFA® Level 1 Sample Tests with 240 questions each
• Access to Moderated Discussion Forums, Free Resources & Blogs
• 24/7 Customer Support Via Telephone, Email & Chat
• Venue – Mumbai, Delhi, Pune, Bangalore
• Price :- INR 18,000

www.simplilearn.com
CFA® (Level 1) Virtual Classroom Training Offerings
CFA® Level Live Virtual Classroom Training with 100% Money Back Guarantee
• 100 Hours Live Virtual Class
• Downloadable recordings for all sessions
• Access to CFA® Level 1 e-learning Content (180 Days access)
• 6 CFA® Level 1 Sample Tests (240 Questions each)
• 60 Hours PMI PDU Certificate
• Access to Moderated Discussion Forums, Free Resources & Blogs
• 24/7 Customer Support via Telephone, Email & Chat
• Price :- INR 18,000

www.simplilearn.com
CFA® (Level 1) Practice Test Offerings
•
•
•
•
•
•
•

CFA® Level 1 Exam Practice Tests
6 full-length CFA® Level 1 Mock Test (one can buy any number of tests)
30 Day Access
Each Test consists of 240 Questions
Access to Moderated Discussion Forum, Free Resources & Blogs
24/7 Customer Support via Telephone, Email & Chat
Price starting INR 500

www.simplilearn.com
To know more about our certifications
kindly visit –
http://www.simplilearn.com/financemanagement

Contact us:
Md. Mohsin

(mohd.mohsin@simplilearn.com) +91 80 6568 1106

Subin S

(subin@simplilearn.com) +91 8880280398 | +91-80 3009 4654

Kaustov K

(kaustov@simplilearn.com) +91 80- 6568 4678
www.simplilearn.com

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CFA Level I training by Simplilearn

  • 1. CFA® - Chartered Financial Analyst® www.simplilearn.com
  • 2. What is CFA® Certification? Chartered Financial Analyst (CFA)® certification is a globally recognized graduate level program offered by CFA Institute, USA to financial analysts & investment professionals. The certification not only provides a general overview on other areas of finance but also aims at providing practical knowledge to professionals on today’s investment industry. CFA® credential certifies an individual’s in-depth knowledge in security types and investments along with maintaining the highest ethical & professional standards. Completing the CFA® Program (i.e., CFA® Level I, II & III) certifications is one of the requirements that needs to be fulfilled by candidates before becoming a ‘CFA Charter’. www.simplilearn.com
  • 3. CFA Institute • CFA Institute is a global association of investment professionals that traces its lineage back to the establishment of the Financial Analysts Federation (FAF) in 1947 • The first CFA exam was administered in 1963 • Earlier it was known as ‘Association for Investment Management and Research’ (AIMR) changed its name to CFA Institute in 2004 1963 2012 284 Senior Analysts 219,000 candidates www.simplilearn.com
  • 4.  Target Audience  Benefits of CFA® Certification       Globally Recognized Professional Certification Growth in terms of Career Prospects Increased Earnings Enhance one’s knowledge with regard to the Investment industry Can prepare for CFA Charter without quitting ones job With CFA program one will join an elite group of 90,000 respected investment professionals working in over 130 countries www.simplilearn.com
  • 5.  Pre-requisites for CFA® Exam - A completed bachelor’s or equivalent degree, OR - Be in the final year of a bachelor’s degree program at the time of registration, OR - Have 4 years of professional work experience – can be non-investment related, OR - Have a combination of full time professional experience and college education that totals at least 4 years & - A valid Passport Complete CFA® Program (Level I, II & III) Have 4 years of qualified Investment Experience Earning a CFA® Charter Apply for membership at local CFA member society Become a member of CFA Institute Pledge CFA Institute’s Code of Ethics & Professional Conduct www.simplilearn.com
  • 6. CFA® Examination Syllabus A committee of practicing CFA charterholders, in conjunction with CFA Institute staff, have formed the ‘Candidate Body of Knowledge’ (CBOK). It represents the core knowledge, skills and abilities generally accepted and applied by investment professionals globally Topic Area along with their Weightage (%) Level I Level II Level III Ethical and Professional Standards (total) 15 10 10 Investment Tools (total) 50 30-60 0 Corporate Finance 8 5-15 0 Economics* 10 5-10 0 Financial Reporting and Analysis 20 15-25 0 Quantitative Methods 12 5-10 0 30 35-75 35-45 Alternative Investments 3 5-15 5-15 Derivatives 5 5-15 5-15 Equity Investments 10 20-30 5-15 Fixed Income 12 5-15 10-20 Portfolio Management and Wealth Planning (total) 5 5-15 45-55 Total 100 100 100 Asset Classes (total) *Economics is part of Portfolio Management at Level III www.simplilearn.com
  • 7. Program Path CFA® Level II December June June June CFA® Level III CFA® Level 1 Exam Centers in India June Exam - Delhi, Mumbai, Bangalore, Chennai, Pune, Kolkata December Exam - Delhi, Mumbai, Bangalore www.simplilearn.com
  • 8. Examination Fees for June 2014 Exam Curriculum eBook First-time Enrollment Fee Deadline First deadline 25 September 2013 11:59 p.m. ET Second deadline12 February 2014 11:59 p.m. ET Final deadline12 March 2014 11:59 p.m. ET Exam Fee Total Deadline Passed Deadline Passed $440 $800 $1240 $440 $1170 $1610 First-time CFA Program applicants pay an initial one-time enrollment fee; Returning candidates pay only the exam registration fee Examination Registration Process An individual can register for the Chartered Financial Analyst (CFA)® Examination by filling the online application available at www.cfainstitute.org Registration for the examination usually opens about 11 months before the examination date www.simplilearn.com
  • 9. Examination Format CFA® Level I Examination Exam Format Total Examination Questions Pass rate(%)* Examination Duration Exam Type Multiple Choice 240 (divided into 2 sessions) 37% - 38% 3 hours for each session No negative markings CFA® Level II Examination Exam Format Total Examination Questions Pass rate(%)* Examination Duration Exam Type Essay & Item Set Type 20 (divided into 2 sessions) 42% 3 hours for each session No negative markings Exam Results are announced within 60 days after exam date for Level I & Level II CFA® Level III Examination Exam Format Total Examination Questions Pass rate(%)* Examination Duration Exam Type Essay Type 10 – 15 52% 3 hours No negative markings Exam Results are announced 90 days after exam date for Level III www.simplilearn.com
  • 10. What does each exam level cover? At Level I, basic knowledge and comprehension questions are asked focusing on asset valuation. Level II further emphasizes analysis along with application, while Level III focuses on synthesizing basic knowledge with evaluation tools and analytical methods. LEVEL I–TOOLS • Tools and concepts that apply to investment valuation and portfolio management • Basic concepts regarding asset classes, securities, and markets • CFA Institute Code of Ethics and Standards of Professional Conduct LEVEL II–ASSET VALUATION • Application of tools and concepts of investment valuation • Industry and company analysis • Analysis of investment vehicles and instruments • CFA Institute Code of Ethics and Standards of Professional Conduct LEVEL III–PORTFOLIO MANAGEMENT • Management of institutional and individual portfolios • Management of specific asset class portfolios • CFA Institute Code of Ethics and Standards of Professional Conduct www.simplilearn.com
  • 11. Calculator Usage Only two calculator models are authorized for use during CFA Program exams: • Texas Instruments BA II Plus (including BA II Plus Professional) • Hewlett Packard 12C (including the HP 12C Platinum, 12C Platinum 25th anniversary edition, 12C 30th anniversary edition, and HP 12C Prestige) www.simplilearn.com
  • 12. What Job Does CFA prepare you for? www.simplilearn.com
  • 14. Simplilearn CFA Level I Workshop The workshop shall help in: • • • • Preparing for a exam having globally recognized professional credential Demonstrating one as a skilled finance and investment professional Demonstrating one’s practical skills on finance Opening up greater prospects in the career field Who should attend ? • Students who want to enter finance or investment profession • Career changers (students with non-investment backgrounds) to gain broader professional expertise and to make a career change into the investment profession www.simplilearn.com
  • 15. Simplilearn Credentials Simplilearn is global training provider for professional certifications and have trained more than 75000 professional across 150+ countries. We are regular classroom and corporate training provider for PMP, CFA, FRM, PRINCE2, ITIL, CISSP. Some of the credentials (but not limited to) to be noted for Simplilearn are: • Global Registered Education Provider (REP) of PMI, USA. Our REP ID is 3147 • CFA Institute Prep Providers for CFA Level I • GARP Exam Preparation Providers for FRM Part I www.simplilearn.com
  • 16. Why Simplilearn ? • Simplilearn is listed as a ‘CFA Training Provider/Exam Prep Provider’ by CFA Institute, USA • Simplilearn provides both Blended Model of Learning as well as Online based training for CFA® courses along with providing Live Virtual Class & Practice Tests • 24/7 customer support via chat, email and phone • Interactive classroom sessions conducted by highly qualified and experienced instructors www.simplilearn.com
  • 17. CFA® Level 1: Online Training Offerings CFA® Level 1 Online Training includes:• 10 full length audio-video chapters as per CFA® Level 1 syllabus • 6 full-length CFA® Level 1 Test Papers • Each test paper consists of 240 questions with detailed answers • Usage of Financial Calculators chapter included • 24/7 Access to Course content (30/60/90/180 days access) • Access to Moderated Discussion Forums, Free Resources & Blogs • 24/7 Customer Support via Telephone, Email & Chat • Price :- INR 5,000 for 30 days access www.simplilearn.com
  • 18. CFA® (Level 1): Classroom Training Offerings CFA® Level I Classroom Training with 100% Money Back Guarantee • 100 hours CFA® Level 1 Classroom Training • Access to CFA® Level 1 e-learning content (180 days) • 6 CFA® Level 1 Sample Tests with 240 questions each • Access to Moderated Discussion Forums, Free Resources & Blogs • 24/7 Customer Support Via Telephone, Email & Chat • Venue – Mumbai, Delhi, Pune, Bangalore • Price :- INR 18,000 www.simplilearn.com
  • 19. CFA® (Level 1) Virtual Classroom Training Offerings CFA® Level Live Virtual Classroom Training with 100% Money Back Guarantee • 100 Hours Live Virtual Class • Downloadable recordings for all sessions • Access to CFA® Level 1 e-learning Content (180 Days access) • 6 CFA® Level 1 Sample Tests (240 Questions each) • 60 Hours PMI PDU Certificate • Access to Moderated Discussion Forums, Free Resources & Blogs • 24/7 Customer Support via Telephone, Email & Chat • Price :- INR 18,000 www.simplilearn.com
  • 20. CFA® (Level 1) Practice Test Offerings • • • • • • • CFA® Level 1 Exam Practice Tests 6 full-length CFA® Level 1 Mock Test (one can buy any number of tests) 30 Day Access Each Test consists of 240 Questions Access to Moderated Discussion Forum, Free Resources & Blogs 24/7 Customer Support via Telephone, Email & Chat Price starting INR 500 www.simplilearn.com
  • 21. To know more about our certifications kindly visit – http://www.simplilearn.com/financemanagement Contact us: Md. Mohsin (mohd.mohsin@simplilearn.com) +91 80 6568 1106 Subin S (subin@simplilearn.com) +91 8880280398 | +91-80 3009 4654 Kaustov K (kaustov@simplilearn.com) +91 80- 6568 4678 www.simplilearn.com