The Chartered Financial Analyst (CFA) Program is a professional credential offered internationally by the American-based CFA Institute (formerly the Association for Investment Management and Research, or AIMR) to investment and financial professionals.
Corporate financial analysts operate every day with the company's goals and current financial situation in mind. They apply that focus to their work analyzing budgets, income statement forecasts, and other financial data.
The CFA program consists of three exams: the CFA Level I, Level II, and Level III. CFA candidates are required to pass each of these exams and must meet certain work requirements as set out by the CFA Institute. The CFA exams are also difficult to pass; in May 2022, the passing rate for the Level I exam was just 38%, compared with an average Level I pass rate of 41% for the 1963-to-May 2022 period.
The CFA Institute provides the following breakdown of the most common professions: 5% Relationship Manager. 16% Research Analyst. 7% Chief Executive. 7% Consultant. 5% Corporate Financial Analyst. 5% Financial Advisor. 23% Portfolio Manager. 6% Risk Manager.
Topics:
1. Ethics and Standards 2. Quantitative Methods 3. Microeconomics 4. Macroeconomics 5. Global Economic Analysis 6. Financial Statements 7. Financial Ratios 8. Assets 9. Liabilities 10. Red Flags 11. Corporate Finance 12. Securities Markets 13. Equity Investments 14. Fixed Income Investments 15. Derivatives 16. Alternative Investments 17. Portfolio Management
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