CFA COURSE DETAIL : ALL YOU NEED TO KNOW ABOUT CFA : ONE OF THE HIGHEST PAYING JOB IN WORLD

  

What Is CFA^® Program?

CFA Institute was established in 1947. Over these 70+ years, The CFA^® Program has emerged as the benchmark qualification for the investment industry. It has grown to over 150,000 charter holders around the world in more than 165 countries. These charter holders today work as Portfolio Managers, Equity Research Analysts, Fund Managers, Wealth Managers, CFOs and Risk Consultants.

Completing The Program confirms mastery over the rigorous curriculum as can be evidence by you. Clearing all the three levels of the exam is the main requirement for earning the CFA^® charter. It covers content required for investment industry segments like Equity, Fixed Income, Private Equity, Derivatives and Real Estate.

IMS Proschool’s Prep course for the CFA^® Program 

You Pursue This Course ?

Leading global recognition
These designation is one of the most recognised and respected investment credentials in the world with more than 60 years of legacy.

Better job prospects at the top investment firms:
The Program has an in-depth focus on financial modelling, portfolio management, and other investment related areas. Top investment firms, asset management, hedge funds value this knowledge base and give more preference to charter holders than other candidates from related fields.

Exposure to a variety of roles in finance
The Program is not just limited to investment banking and equity research, but plenty of other profiles as well. Today, be it Fintech, Foreign Exchange, Alternative Investments or other offbeat profiles, CFA^® chartedholder are the most preferred options for employers.

Equipped for analysis and decision-making
It enables the students to be adept at decision making by incorporating reasoning and judgment skills in them

Enforces ethical standards
These charterholders upholds the highest professional standards and abides by a strict code of ethics.

Implements global best practices
Extensive ongoing analysis ensures that charterholders uphold the best global practices in their work.

Delivers practical, real-world skills
The charter is conferred after the completion of 4 years of relevant professional engagement, which means that the institute believes in practical skills. The curriculum is also designed in a way which helps you to tackle the real-world scenarios in an effective way.

More time and cost-effective than an MBA Finance program
The Qualification is one of the best options to an individual who does not have the time or the resources to go through a full-time MBA Finance program for entering the investment finance industry.

Networking opportunities for faster career growth:
CFA Societies^® present worldwide give you access to more resources to boost your career prospects. Being part of these societies will not only increase your networking opportunity but also your chance of landing a dream position. They also post job openings specifically for charter holders.

Who Should Pursue This Course ?

• Fresh Graduate: Any fresh graduate willing to make a career into the investment finance industry, will be equipped with the world class knowledge.
• Investment Industry Professional: A candidate who is already working in the investment finance industry but wants to gain better understanding and recognition.
• Academician: You are teaching investment finance in your university and college. This designation will give you the platform for better research and better credentials and acceptance
• Self Understanding: If you are or willing to understand more about portfolio management or want to equip yourself to manager your wealth then CFA^® designation becomes the right choice.

Relevance Of The CFA^® Program In India

1. Indian KPO’s- Research

As International financial firms are focusing on the reduction of the cost of labour, they are outsourcing the majority of the work in India due to cost advantage. All the international KPO ’s, investment banking and financial servicing firms are looking for the highest credential in investment finance industry like CFA^® charter, which is a  great opportunity for the CFA^® charterholders in India.

2. Indian Brokers

Stock brokers in India which slowly reaching bigger scale of operations and international operations prefer candidates with the CFA^® designation

3. Wealth Management Firms:

Wealth Management Industry has been growing at a rate of 20% Y-O-Y. Since, a major proportion of HNIs are coming from India, the demand for CFA charterholders 

               COURSE STRUCTURE

This program is split-up into 3 levels

Level I –

• Introduction to asset classes-Equity, Fixed Income, Alternatives etc
• Detailed learning of tools like Financial reporting & analysis, Quants, Economics etc
• High regard to Ethics

Level II –

• Higher dive into valuation of assets- like Equity- Fixed Income- Derivatives
• Detailed learning of Tools- Financial statement analysis

Level III –

• Perspective change into Portfolio management of the assets
• More than 50% weight to Portfolio Management and Wealth Planning

Eligibility

To be eligible to apply for The CFA^® Program, you must hold a passport and one of the following:

Meet one of the following enrolment requirement:

• Bachelor’s Degree

Complete a bachelor’s program or equivalent program and have received a degree from the college/university.

• Student in Final Year

Your selected exam window must be 11 months or fewer before your graduation month for your bachelor’s degree or equivalent program. Understand that you must complete your degree program prior to the date of sitting your Level II exam.

• Professional Work Experience

Have a combination of 4,000 hours of work experience and/or higher education that was acquired over a minimum of three sequential years and achieved by the date of registering for the Level I exam. 

The Program curriculum at Glance

The CFA® Programs Topic wise weightage
Topic Area	Level I	Level II	Level III
Ethical And Professional Standards	15-20%	10-15%	10-15%
Quantitative Methods	8-12%	5-10%	0
Economics	8-12%	5-10%	5-10%
Financial Reporting And Analysis	13-17%	10-15%	0
Corporate Finance	8-12%	5-10%	0
Equity Investments	10-12%	10-15%	10-15%
Fixed Income	10-12%	10-15%	15- 20%
Derivatives	5-8%	5-10%	5-10%
Alternative Investments	5-8%	5-10%	5-10%
Portfolio Management	5-8%	10-15%	35 -40%
Total	100%	100%	100%

Other details:

• Negative marking: There is no negative marking in these exam.
• Reattempt: There is no limit on the number of attempts for re-taking the exam but exam fees is needs to be paid separately for each re-attempt.
  Grading Procedure: The grading of the Program results happen on the basis of MPS       ( Minimum Passing Score), after every exam a MPS is calculated based on the performance of a average candidate. Based on the MPS the student gets the result of the same.