The Chartered Financial Analyst (CFA) Program is a professional credential offered by the CFA Institute (formerly the Association for Investment Management and Research, or AIMR) to investment and financial professionals. A candidate who successfully completes the program and meets other professional requirements is awarded the "CFA charter" and becomes a "CFA charterholder".
The CFA Charter is a professional credential and is not an academic degree .
As of July 2014, there are approximately 120,000 CFA members in 35 countries. The largest employers of CFA Charterholders are JP Morgan, UBS, Bank of America Merrill Lynch, and RBC.
The CFA exams are widely considered to be very difficult, with pass rates usually below 50% for all three levels. It covers a broad range of topics relating to investment management, financial analysis, stocks, bonds and derivatives, and provides a generalist knowledge of other areas of finance.
The curriculum for the CFA program is based on a Candidate Body of Knowledge established by the CFA Institute. The curriculum comprises the topic areas below. There are three exams ("levels") that test the academic portion of the CFA program. All three levels emphasize the subject of ethics. The material differences among the exams are:
Ethics and Professional Standards
Corporate Finance
Economics
Financial Reporting and Analysis
Quantitative Methods
Alternative Investments
Derivatives
Equity Investments
Fixed Income
Portfolio Management
Ethics and Professional Standards
Quantitative Methods
Economics
Financial Reporting and Analysis
·Corporate Finance
·Equity Investments
·Fixed Income
·Derivatives
·Alternative Investments
·Portfolio Management and Wealth Planning
Ethics & Professional Standards
Behavioural Finance
Private Wealth Management
Portfolio Management for Institutional Investors
Application of Economic Analysis to Portfolio Management
Asset Allocation and Related Decisions in Portfolio Management
Fixed-Income Portfolio Management
Equity Portfolio Management
Alternative Investments for Portfolio Management
Risk Management
Risk Management Applications of Derivatives
Trading, Monitoring, and Rebalancing
Performance Evaluation
Global Investment Performance Standards
Financial Analyst
İnvestment Analyst
Senior Financial Analyst
Chief Financial Officer (CFO)
Finance manager
Credit analyst
Senior Credit analyst
Risk manager
Resarch analyst
Consultant
Relationship manager
Financial advisor
Duration 130 hours
Fee 1800 AZN