The CFA defines overall curriculum of academic theory, current industry practice and professional standards to offer a basic foundation for advanced investment analysis and real world portfolio management skills. In order to become a cfa expert, one should kick start their career with cfa training institutes. Choosing the best institute is very important. One have to clear with three levels overall to gain experience to apply to work. These levels will also ensure professional excellence for people who have earned charter.
Concepts covered under CFA are as follows,
- Ethical and professional standards
- Quantitative methods
- Economics
- Financial reporting and analysis
- Corporate finance
- Portfolio management
- Equity
- Fixed income
- Derivatives
- Alternative investments
The CFA totally consists of three levels of examinations as level1, level 2 and level 3. Each of these examinations will take place as a 6 hour examination. All these three levels require 6 months of preparation. The program will go difficult as you proceed to upper level by moving from each level to other level. Clearing all these three levels makes one to get prestigious CFA designation.
Three Levels Of CFA Examination:
At CFA level1, one will undergo examination for basic knowledge and comprehension questions on asset valuation. Some questions will come regarding analysis. Level 2 emphasis analyses besides application and level 3 focuses on synthesizing basic knowledge in addition to evaluation tools and analytical methods to produce effective portfolio management. The cfa training institutes conducts research and provide webcasts and also offers abstracts on articles on time basis prepared by leaders and academic experts around world.
Level 1: Tools
- Under this level, one will undergo examination on tools and concepts regarding the investment valuation.
- It also includes basic concepts such as assets classes, securities and markets.
- CFA institute codes ethics and standards of professional conduct.
Level 2: Asset Valuation:
- This level particularly measures one’s level of knowledge on tools application and investment valuation concepts.
- One will be tested with his knowledge on industry and company analysis.
Level 3: Portfolio Management
- This level will check one’s ability to cope up with management of institutional and individual portfolios.
- One will undergo examination under specific asset class portfolios
- CFA institute codes ethics and standards of professional conduct.
What Are The Places Available For Working For A CFA Candidate?
People who got certification from cfa training institutes can expect job under various companies such as JP Morgan chase, PwC, HSBC, Bank of America Merrill Lynch, UBS, Ernst & Young, RBC, Citigroup, Morgan Stanley and Wells Fargo.
Some Basic Information About CFA:
CFA program curriculum is completely dependent on global practice analysis process which depends on input, discussions, surveys and reviews from thousands of active practitioners and CFA stakeholders. The CFA program is designed to make one to help by just self course which makes one to gain charter during working. The CFA training institutes will conduct education and network related events for members around the world.