cbacademy.in provides CFA Cash Back Challenge Program. CFA means Chartered Financial Analyst.
The CFA exam course covers all of the topics to prepare you for the CFA level 1 Test. Our CFA study program is fully updated for current exam content.
2. Chartered Financial Analyst (CFA®) is an international professional designation offered by the CFA®
Institute (formerly known as AIMR) to financial analysts. The designation is one of the most sought after
designations in the financial industry today. ‘The Economist’ ranked the CFA® Program as the gold standard
among investment analysis designations. Having these 3 coveted letters next to your name certifies you as an
excellent professional in the financial domain, having a comprehensive knowledge and understanding of
Finance. One of the best things about the CFA® curriculum is the fact that it is global in its design and outlook.
In an increasingly globalized world, the program prepares you to understand the industry much better. There
are more than a 100,000 CFA® Charter holders today, and the world is certainly asking for more.
CFA® is getting increasingly popular in India, with more and more recruiters recognizing the competence the
program brings in. With more and more major Investment Banks, Hedge Funds, Private Equity Funds,
Insurance Companies and Mutual funds setting up fully fledged operations in India, the demand for excellent
professionals is going to increase and CFA® Charter is one of the best qualifications to tap into this
opportunity.
To obtain the CFA® Charter, one must clear 3 exams and have 4 years of work experience in a Investment
decision making role. The 3 exams are respectively Level 1,2 and 3. The topics covered in the exam are Ethics,
Quantitative methods, Economics, Equity Investments, Fixed Income, Financial Statement Analysis, Portfolio
Management, Alternative Investments, Corporate Finance and Derivatives. The exam for Level 1 is of objective
type, consists of two 3-hour exams having 120 questions each.
3. CFA® Charter holders around the world have the opportunity to play major roles in the
evolution of less developed capital markets An educational experience that better equips you
with the fundamental knowledge you need to work in demanding world of professional
investing CFA® Program is considered as the gold standard among investment analysis
designations.
The CFA is a qualification for finance and investment professionals, particularly in the fields of
investment management and financial analysis of stocks, bonds and their derivative assets. The
program focuses on portfolio management and financial analysis, and provides generalist
knowledge of other areas of finance.
From 1963 (when the CFA designation was first awarded) to 2006, approximately 78,000
people from at least 126 different countries have been awarded the right to use the CFA
designation, 68,000 of them in the years since 1990. As of 2006, more than 116,000 people are
currently enrolled to take one of the examinations.
Exam consists of 3 levels, sequential program, self study driven, based on reading assignments
designed by CFA Institute.
4. The curriculum for the CFA program is based on a Candidate Body of Knowledge established
by CFA Institute.
CURRICULUM
The curriculum includes these topic areas:
Ethical and Professional Standards
Quantitative Methods (such as the time value of money, and statistical inference)
Economics
Financial Reporting and Analysis
Corporate Finance
Analysis of Investments (stocks, bonds, derivatives, venture capital, real estate, etc.)
Portfolio Management and Analysis (asset allocation, portfolio risk, performance
measurement, etc.)
EXAM PATTERN
 For exams from 2008 onward, candidates automatically receive the curriculum readings
from CFA Institute when they register for the exam.
 Exam consists of 3 levels, sequential program, self study driven, based on reading
assignments designed by CFA Institute.
 For the test, only two calculators are allowed (the Hewlett Packard 12C and the Texas
Instruments BA II Plus.
 Level I is 100% objective type, i.e. multiple choice (1.5 minutes per question, total of 240
questions in 6 hours).
 Level II is 100% item set (short case study, each case has 6 questions and 10 cases per
session).
 Level III is 50% item set and 50% essay type.
5. Eligibility:
Education that is equivalent to US bachelor's degree is the minimum requirement for signing
up for Level I exam. Also students in the final year of their studies are eligible to take the
exam. Normally it takes 4 years to complete the requirements for a Bachelor's degree in the
U.S. as compared to 3 years for a B.A or B.Com degree in India. However CFA Institute has
stated that if the India degree leads to similar job opportunities then it will be considered
equivalent to a U.S. Bachelor's degree, even if it does not encompass 4 years of study. We
advice India students (with 3 year degrees) to drop an email to CFA Institute and get written
email confirmation on their eligibility.
Weightage of Topics
The chart below provides rough guidance around topic area weights for each of the three levels
of the CFA exams. The items that have been highlighted are areas of focus for that level. Since
the weights can vary year to year please visit the following link for current/ official weights.
Topic Areas Level I Level II Level III
Ethics/ Professional Standards 15% 10% 10%
Quantitative Methods 12% 5 - 10% 0%
Economics 10% 5 - 10% 0%
Financial Statements Analysis 20% 15 - 25% 0%
Corporate Finance 8% 5 - 15% 0%
Equity Analysis 10% 20 - 30% 5 - 15%
Fixed Income 12% 5 - 15% 10 - 20%
Derivatives 5% 5 - 15% 5 - 15%
Alternative Investments 3% 5 - 15% 5 - 15%
Portfolio Management 5% 5 - 15% 45 - 55%
6. Corporate Bridge CFA® (Level I) - 150 hrs (20
Days) Classroom Trainings
100 hrs - 17 days classroom trainings over 9 weekends (special Sunday only
batches in Mumbai)
3 days revision classes – all important concepts of all the subjects will be
revised again
3 Mock Tests – (in Nov 2010) specially designed by our trainers based on the
CFA® Candidate Body of Knowledge (CBOK) to evaluate your relative
performance vis a vis other candidates
30 hrs of online tests (2500+ questions)
Mostly CFA® Charter Holder as Faculty with significant experience drawn
from IIT/IIM's
Online Solved Examples & Practice Exercises
Training Fees:
For Indian Students: 16,545 /person or
20% discount for a group of 5 or more students
15% discount for a group of 3 or more students
10 % Early Bird Discount on registrations before 5th December.
8. Get access to various mock tests in order to analyze your performance
Projects will be assigned to all the users, which need to be completed in
stipulated time.
Download your performance reports both in excel and PDF format.
Get 14 books of CFA prepared by the experts from IIT and IIM
Access to online forums to participate in the discussion of the particular
module.
High quality videos with step by step explanation of the topics.
For Students who want to prepare on their own, we provide a complete
study package, which includes presentations (for all subjects),
Question Banks (2500 + Online Topic wise Questions)
47 Mock tests on individual chapters
Fees Rs 3,000 (Including Taxes) (which is included in the classroom
training)