Professional Documents
Culture Documents
• Introduced in 1963, the Chartered Financial Analyst® designation, or CFA charter has become the most
respected and recognized investment credential in the world.
• That is why employers and clients around the world are increasingly seeking out CFA charter holders—often
making the charter a prerequisite for employment.
• The Program is organized into three levels. The entire CFA Program can be accomplished in as few as 1.5 -2
years.
• One may take as long as he needs to complete the CFA Program. The exam results never expire, and they do
not limit the number of times one can sit for each exam level.
Credentials of CFA:
• More than 1,90,000 candidates have passed CFA level III program and are working in over 135 countries
around the world
• Regulatory bodies in 19 countries recognize the CFA charter as a proxy for meeting specific licensing
requirements. Like
o Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority of the
USA.
o Australian Securities and Investments Commission (ASIC) of Australia.
o Hong Kong Securities Institute (HKSI) in Hong Kong
o Chartered Institute for Securities & Investment, NARIC of UK
• More than 125 distinguished colleges and universities around the world have incorporated a majority of the
CFA Program curriculum into their own courses, including the University of Oxford’s (UK), New York (NY)
University (US), INSEAD (France/Singapore), London Business School (UK), University of Melbourne (Australia),
Nanyang Technology University (Singapore), IIM Bangalore, IIM Trichy, SP Jain Dubai, TAPMI, SCMHRD Pune
and many more...
CFA Structure:
CFA Level I Level II Level III
Exam Details
Month June/Dec June June
Type Objective Objective Objective & Subjective
Duration 6 hrs 6 hrs 6 hrs
Subjects and their weight (%)
Ethical and Professional Standards 15 10-15 10-15
Quantitative Methods 10 5-10 -
Economics 10 5-10 5-10
Financial Reporting and Analysis 15 10-15 -
Corporate Finance 10 10 -
Equity Investments 11 10-15 10-15
CFA Enrollment:
Our Offerings:
*Placement assistance will be extended to students clearing any level of the CFA Program along with completing
our certified course in Equity Research & Financial Modeling.
1963 - 2018B CANDIDATE EXAMINATION RESULTS
CFA
Year Candidates Pass % Level I Total Pass % Level II Total Pass % Level III Total Pass %
Total
1963 284 94% - 0% - 0% 284 94%
1964 1,732 84% 1,241 79% 302 94% 189 95%
1965 1,993 83% 767 85% 865 78% 361 91%
1966 2,010 75% 621 77% 708 66% 681 83%
1967 1,693 83% 594 71% 556 89% 543 90%
1968 1,579 73% 592 70% 447 75% 540 77%
1969 1,316 74% 556 74% 413 78% 347 68%
1970 1,409 67% 644 66% 372 77% 393 61%
1971 1,458 69% 755 61% 341 74% 362 80%
1972 1,486 70% 731 64% 461 77% 294 73%
1973 1,630 60% 721 60% 565 57% 344 65%
1974 1,797 74% 862 70% 511 74% 424 84%
1975 1,841 75% 808 70% 563 75% 470 84%
1976 1,706 76% 634 72% 641 74% 431 84%
1977 1,993 74% 667 63% 632 81% 694 78%
1978 2,008 73% 925 64% 444 85% 639 75%
1979 1,876 76% 824 63% 550 84% 502 88%
1980 1,985 73% 949 63% 528 77% 508 86%
1981 2,253 71% 1,107 61% 684 85% 462 74%
1982 2,886 64% 1,532 59% 714 68% 640 73%
1983 3,243 65% 1,655 65% 978 65% 610 64%
1984 4,030 63% 2,075 58% 1,147 61% 808 81%
1985 4,285 67% 2,186 60% 1,309 74% 790 73%
1986 4,837 65% 2,366 59% 1,379 64% 1,092 77%
1987 5,702 62% 3,095 58% 1,555 64% 1,052 72%
1988 7,091 59% 3,927 55% 1,946 60% 1,218 71%
1989 8,064 62% 4,149 54% 2,484 64% 1,431 79%
1990 8,760 64% 4,415 60% 2,522 63% 1,823 75%
1991 9,868 62% 4,950 62% 3,002 54% 1,916 75%
1992 10,518 65% 5,002 59% 3,503 64% 2,013 82%
1993 12,809 59% 6,588 55% 3,679 56% 2,542 76%
1994 15,413 52% 8,445 48% 4,418 48% 2,550 73%
1995 19,517 52% 11,341 51% 5,518 46% 2,658 70%
1996 24,600 58% 14,381 53% 7,098 65% 3,121 64%
1997 30,642 55% 16,833 53% 8,493 59% 5,316 59%
1998 38,689 60% 21,744 59% 10,295 62% 6,650 59%
1999 45,143 60% 23,199 64% 13,496 54% 8,448 59%
2000 53,345 55% 27,625 52% 16,036 54% 9,684 65%
2001 65,707 54% 36,317 49% 17,897 46% 11,493 82%
2002 76,231 47% 43,882 44% 22,163 47% 10,186 58%
2003A 67,279 49% 32,027 42% 22,232 47% 13,020 68%
2003B 20,657 40% 20,657 40%
2004A 61,559 40% 24,211 34% 23,896 32% 13,452 64%
2004B 19,566 36% 19,566 36%
2005A 58,908 48% 22,915 36% 24,891 56% 11,102 55%
2005B 21,127 34% 21,127 34%
2006A 63,249 52% 26,467 40% 20,499 48% 16,283 76%
2006B 28,082 39% 28,082 39%
2007A 71,897 42% 33,599 40% 25,521 40% 12,777 50%
2007B 37,573 39% 37,573 39%
2008A 92,081 42% 44,063 35% 33,449 46% 14,569 53%
2008B 49,797 35% 49,797 35%
2009A 104,116 45% 45,682 46% 38,998 41% 19,436 49%
2009B 44,209 34% 44,209 34%
2010A 111,731 42% 46,863 42% 43,406 39% 21,462 46%
2010B 46,785 36% 46,785 36%
2011A 115,027 43% 48,068 39% 44,175 43% 22,784 51%
2011B 49,380 38% 49,380 38%
2012A 119,446 43% 49,445 38% 45,247 42% 24,754 52%
2012B 48,981 37% 48,981 37%
2013A 118,142 42% 47,502 38% 44,874 43% 25,766 49%
2013B 45,693 43% 45,693 43%
2014A 118,683 46% 47,005 42% 44,796 46% 26,882 54%
2014B 47,175 44% 47,175 44%
2015A 125,443 46% 51,134 42% 46,841 46% 27,468 53%
2015B 52,315 43% 52,315 43%
2016A 137,791 46% 58,677 43% 50,230 46% 28,884 54%
2016B 59,627 43% 59,627 43%
2017A 151,853 47% 63,283 43% 56,939 47% 31,631 54%
2017B 68,086 43% 68,086 43%
2018A 179,241 46% 79,507 43% 64,216 45% 35,518 56%
2018B 77,245 45% 77,245 45%
1963-2018B 2,896,173 46% 1,696,451 42% 769,425 46% 430,297 57%
Certification in Financial Markets & Financial Modeling
This all-in-one finance course contains 11 modules and 450+ hours of practical training (150+ hours of
practical delivery of the course content by CFA Charterholder and 300+ hours of practice). During 150+ hours
of training, the candidate will gain complete knowledge about the financial markets which includes Stock
Market, Commodity Market, Currency Market, Bond Market, etc
By the end of this course, the candidate will be well trained to clear exam-based certifications including NCFM
(by NSE Academy), NISM (by SEBI) and Investment Foundation Program (by CFA Institute, USA). Adding these
certifications in the resume will help students to improve their profile and gain a competitive advantage over
others. Additionally, Financial Market course will build-up a strong base for CFA Level 1 exam preparation
This course will also help students to fleet start their career in finance and investments with Investment Banks,
Private Equity Firms, KPO's, Banks, Credit Rating Companies, Financial Brokers, and many more. Additionally,
this course will help candidates to become professional trader/investor
After completion of this course, students will be offered 100% Placement/Internship Assistance.
• Shares, Commodities, Real Estate, Hedge Funds, Private Equity, Debt Instruments, Currency, Mutual
Funds, Exchange Traded Funds and Regulatory Bodies
• Introduction to Stock Market, Market Participants, Financial Intermediaries, Regulator, Primary &
Secondary Market, Online & Offline Trading, Global Markets, Scanners, Corporate Actions, and Trading
Segments
(Our Advanced MS Excel Course Will Be Completely Covered Under This Module)
• Financial Analysis Concept & Techniques, Data Gathering & Analysis, Forecasting, Valuation
Methodologies, and Report Writing
(Our Equity Research & Financial Modeling Course Will Be Completely Covered Under This Module)
Module 6: Global Economy
• Economic Variables: GDP, Monetary & Fiscal policy, Inflation, Interest Rate, Unemployment, Debt-to-
GDP Ratio, and Current Account-to-GDP
• Economy: India, US, China, Japan, UK, Germany, France, and European Union
• Derivative Market Structure, Forwards, Futures, Futures Pricing, Cost-Of-Carry, Swap, Options, Options
Pricing, Factors Affecting Option Price, Option Strategies and Market Participants
• Bond Price, Yield Measures, Pricing Bonds with Spot Rates, Securitization, Interest Rate Risk on Bonds
and Credit Rating
• Spot & Forward Exchange Rate, Forward Rate Calculations, Market Functions & Participants, Cross Rate
Calculations, Interest Rate Parity and Factors Impacting Currency Prices
• Introduction to Technical Analysis, Charts & Trends, Candle Stick Charts, Chart Patterns, Major
Indicators & Oscillators, and Trading Strategies
(Our Certification in Technical Analysis Course Will Be Completely Covered Under This Module)
Our Offerings:
• Practical Based Training
• Study Material & eBooks
• 100% Placement/Internship Assistance
• Financial Movies & Documentaries
• Well Qualified and Experienced Faculties
• Reading room well equipped with Newspaper, Magazines, Financial books and Documentaries
Certification in Equity Research & Financial Modeling
It is a short term finance course helping candidates to prepare for top finance jobs including investment banks,
private equity firms, credit analyst, sell-side equity analyst, financial analyst, and project financing, and may
more. Also, the candidate will learn the fundamental approach of investing used by Institutional Investors like
FII's, MF's, and Insurance Companies. Ex Sell-Side Analyst and CFA Charterholder will practically deliver the
course.
By the end of this course, the candidate will be well trained to build equity valuation models from scratch,
forecast the company's financial statements, design professional and goof looking advance charts, apply
advanced excel functions, analyzing economic indicators from a global perspective and preparing &
presenting research report under ones name.
After completion of this course, candidates will be offered 100% placement/internship assistance
Wish For Better Future Today, Register Now!
Our Offering’s
• 100% placement/internship assistance
• Study material along with eBooks
• Practical & Live-based training module
• Well Qualified and Experienced Faculties
• Limited batch size to ensure personal attention to every candidate
• Reading room well equipped with Newspapers, Magazines, Documentaries, and Financial books
Diploma in Stock Market
It is a foundation course in the stock market. The course will start from the very scratch and step by step will
take the candidate to the mid-level of the stock market. The course is divided into 5 unique modules designed
by the experienced and professional stock market trader/investor
This course is extremely helpful to candidates who are new to the stock market or at intermediate to mid-level.
This course will create an opportunity for candidates to be mentored by CFA Charterholder
Module 3: Trading
• Basics: Tax, Brokerage, Trading Segment, Circuit Filters, and Demat & Trading Account
• Live Online Trading
Module 4: Derivatives
• Derivative Market Structure, Futures, Futures Pricing, Cost-Of-Carry, Options, Options Pricing, Factors
Affecting Option Price and Market Participants
Our offerings:
• 100% placement assistance
• Study material along with e-books
• Well Qualified and Experienced Faculties
• Limited batch size to ensure personal attention to every student
• Reading room well equipped with Newspapers, Magazines, Documentaries, and Financial book
www.maheshwariinstitute.com
Certification in Technical Analysis
In this course, the candidate will practically learn to trade stocks/commodities/currency from CFA
Charterholder. By the end of this course, the candidate will be capable of identifying stocks for intraday and
BTST trades.
This course will help candidates to become a professional trader and will also prepare them for Technical
Analysis based jobs in Advisory/Research Firms, Financial Brokers, and many more
• Single Candlestick: Marubozu, Doji, Spinning Tops, Hammer, Hanging Man, and Shooting Star
• Multiple Candlestick: Bullish & Bearish Engulfing Pattern, Piercing Pattern, Bearish & Bullish Harami,
Dark Cloud Cover, Morning & Evening Star, Up-Side & Down-Side Tasuki Gap,
Bullish & Bearish Abandoned Body and Bullish & Bearish Counterattack
• Moving Average, Exponential Moving Average, Exponential Moving Average Crossover, Relative
Strength Index, MACD, Supertrend, and Pivot
• Reversal: Head and Shoulders, Double Tops and Bottoms, Triple Tops and Bottoms, Inverse Head and
Shoulders
• Continuation: Cup and Handle, Triangles, Flag and Pennant Wedge
• Checklist, Risk-to-Reward Ratio, Trading Qty, Scanners, and Identifying the Stocks to trade
Our offerings:
• 100% placement assistance
• Study material along with e-books
• Well Qualified and Experienced Faculties
• Limited batch size to ensure personal attention to every student
• Reading room well equipped with Newspapers, Magazines, Documentaries, and Financial books
www.maheshwariinstitute.com
Certification in Advanced MS Excel
This course will start from the beginner’s level, and step by step will take the candidate to the advanced level
of MS Excel. In this course, the candidate will practically learn; MS Excel shortcuts, most frequently used excel
functions, creating highly presentable charts, preparing spreadsheets, managing large sets of data and
advanced excel functions like VLOOKUP, HLOOKUP, Pivot Table, What-If Analysis, Index, Match, NPV, and IRR,
and many more.
This course is a must recommend to students and professionals about to start their professional career or wish
to enhance their MS Excel skills.
Our Offerings:
• Study Material
• Practice sheets
• Practical Based Training
• Well Qualified and Experienced Faculties
• Limited batch size to ensure personal attention to every student
• Reading room well equipped with Newspaper, Magazines, Financial books and Documentaries
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NISM Certifications
NISM is the industry required certifications for candidates willing to work with Mutual Funds, Banks,
Financial Brokers, Advisory Firms, and Research Firms, etc. NISM are also must required certifications
for people willing to start their Investment Advisory or Financial Broking Firm
We provide exam-oriented training to our candidates to clear the exam in 1st attempt.
Our Offerings:
• Mock Test
• Classroom Test
• Study Material & eBooks
• Weekday and Weekend Classes
• Well Qualified and Experienced Faculties
• Limited batch size to ensure personal attention to every student
• Reading room well equipped with Newspapers, Magazines, Financial books and Documentaries
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Advance Technical and Trading Strategies
Learn how professional trader trades from a CFA Charterholder & active trader. This course is must
recommended to candidates who actively trades in the stock/commodity market or wish to be a successful
research analyst
Gann Theory plots time and stock price in geometric angles with simple & easy to understand graphs.
Historically, this theory has been used by professional traders to calculate the target and stop-loss price for
intraday and positional trades.
By the end of this module, the candidate will master the entry and exit price for the trade calculated with real-
time Gann calculation in ms excel
In this module, you will learn to build custom scanners and use the well-proven existing scanners to filter stocks
and commodities for intraday and BTST trades
By the end of this module, the candidate will be able to identify master blaster stocks and commodities
expected to give significant returns on the long & short side in Cash, Futures & Option segment
This module is extremely helpful for the candidates willing to trade in the derivates option segment. Under this
module candidates will learn to analyze option chain data to identify the stocks and commodities based options
for intraday and positional trades
By the end of this module, the candidate will learn to apply various options strategies like Straddle, Covered
Call, Protective Put, Collar, Zero Cost Collar, Bull Spread, and Bear Spread.
Additionally, Candidate will be capable of identifying profitable Call & Put option trades based on underlying
volatility, open interest, strike price, volumes, etc
Algorithmic trading is also known as automated trading can be used to trade based on pre-defined algorithms or
set of instructions used to eliminate the behavioral biases (human emotions) of trader and identifying the
trading opportunities
Although the candidate will not be taught to develop algorithms; instead, he will master to trade based on a
predefined set of instructions based on trimmings, price, volume, or any other parameter. This module will help
the candidate to backtest his trading strategy to understand its viability, eliminate human emotions impacting
trade negatively, reducing the implicit cost of the trade, etc
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Our Team
Sumit Maheshwari, CFA
CFA Charterholder, Post Graduate (Symbiosis, Pune)
Director & Lead Faculty
Sumit has diversified experience from corporate banking to portfolio management. He started working with
Standard Chartered Bank managing FX derivatives, structured products, and banking solutions for corporate
clients. Later he shifted his focus into commodities research and started working at Pee Aar Securities Ltd where
he was responsible for managing commodity fund with an AUM of INR1bn+. He has conducted interactive and
experiential seminars/workshops in top B schools on various finance topics.
Aditya Bahety
MBA (Mumbai University), Passed Level II Of CFA Program
Director & Lead Faculty
Aditya Bahety has a rich experience of 6+ years working in investment banking wing with top-notch globally
recognized firms like Motilal Oswal and PhilipCapital. He was working as a Sell-Side Equity Analyst in their
institutional research, thereby communicating with FII's, DII's and recommending them about the stock based
on fundamental analysis. He covered stocks for the Indian markets and built detailed financial models to publish
periodic theme-based company/industry research reports.
Abhishek started his career with Reliance Capital AMC, wherein he used to cater to the investment needs of
UHNI and HNI clients. Primarily focused on Liquid, Gilt, and Debt oriented funds, he helped large corporate
clients as well to fulfill their portfolio needs/requirements. He has also worked with manufacturing firm Partap
Wires Pvt Ltd heading the corporate finance department. He is a stock market enthusiast and has excellent
command of technical analysis and manages his fund of INR10mn+
Shailendra has excellent quantitative skills helping candidates preparing for various NISM certifications. The
rigorous training provided to candidates along with practice questions has helped most of the candidates in
clearing the NISM exam in 1st attempt.
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Placement Assistance Program
A three-day program where professionals will take you through what is required to get into this competitive
finance field. This program will cover everything right from basics like making an impressive CV, productively
utilizing job portals to how to approach prospective employers, smart interview techniques, and sharp
presentation skills. And to top it all, placement assistance would also be provided
Module 1: Resume
• KPO's, Investment Banks, Research House, Rating Agencies, Private Equity Firms, Banks & Broking
Firms
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