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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

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 CFA Institute is based out of Charlottesville, Virginia

 Formerly known as AIMR (Association of Investment Management and Research )
 lobal, Non-profit organization
 Nearly 108,000 members world-wide

eads the investment profession globally by setting the highest standards in ethics,
education and professional excellence

 lobally recognized gold standard in investment management

ð lobal in design and outlook
ð Rigorous broad based intensive self study graduate level program
ð Benefits include:
ð International recognition and competitive advantage in job market
ð Solid knowledge base and skill sets
ð Respect and Credibility
ð Connections ʹ over 95,000 charter holders across the globe!

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 CFA Charter consists of :

ð 3 Exams also called 3
evels
ð Sequential program: Candidates have to pass
evel 1 before
evel 2
ð Self study driven, based on reading assignments designed by the CFA Institute


evel 1 : Foundation
ð Focus is on the knowledge of the Investment Tools

evel 2 : Valuation
ð Focus is on understanding of the Asset Valuation techniques

evel 3: Application
ð Focus is on Portfolio Management
 Exam Type
ð
evel I is 100% multiple choice
ð
evel II is 100% item set
ð
evel III is 50% item set, 50% essay
ð Exams is conducted in two sessions of 3 Hours each (Morning and Afternoon)
 Eligibility
ð raduate from any discipline
ð Final Year students may also register to give the
evel I exams
ð No Work Experience requirements for appearing for the exams
ð Minimum of 48 months relevant experience to receive charter

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ð 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.
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ð 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.
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ð 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.
  ' 
ð The Monetary Authorities in Singapore, reece, Turkey, Hong Kong, Thailand, the
United Kingdom, and in seven Canadian provinces
ð U.S. SEC grants blanket exemption for CFAs from passing licensing examination.

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 The work performed by a CFA can be extremely challenging and rewarding in

monetary terms and in terms of professional satisfaction.

 The areas where a CFA can use his skills are:

ð Security Valuation
ð Portfolio Management
ð Investment management
ð Venture capital management
ð Credit rating
ð Corporate Finance
ð Risk Management
ð Financial Management
ð Business Analysis
ð Operations Analysis
ð Analytics
ð Consulting
ð Project Management
ð Information Technology

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 An increasing number of employers worldwide are requiring the CFA charter (or at
least participation in the Programme) for hiring and promotion

 An increasing number of employers worldwide are substituting the CFA charter for
graduate degrees when establishing job specifications.

 Employers with largest number of charter holders

ð Bank of America Merrill
ynch
ð Barclays
ð Morgan Stanley
ð Citigroup
ð Prudential
ð oldman Sachs
ð J P Morgan
ð Deutsche Bank
ð Credit Suisse
ð Fidelity Investments
ð Northern Trust
ð State Street
 Most of the above firms have their offices in India hence providing attractive
employment opportunities for the CFA candidates

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 CFA Charter has been around for 50 years and is considered as the ͞gold standard͟
in financial education and has wide industry acknowledgement

 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.

 The study also mentions that between a CFA and an MBA it is the CFAs who
demand a higher average salary

 The study also mentions that the combination of the charter and an M.B.A.
ultimately proves to the most lucrative educational mix

 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.

 MBAs looking to enhance their finance credentials almost always end up taking
CFA route as an entry strategy in to I-Banks

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