CFA Exam – Know the Course Curriculum and Preparation Tips

Chartered Financial Analyst (CFA) is a highly prestigious job that promises a rewarding career, good remunerations, and the utilization and honing of demonstrated skills. Those who are keen to build a career as a Chartered Financial Analyst are required to pass the CFA exam. Held in three phases - Level I, II and III, the CFA exams are offered annually at test centers around the world.

CFA Exam: Course Curriculum

The course curriculum of each level of exam is similar but candidates are asked different types of questions. Level I of the exam tests basic knowledge of the ethical and professional standards and consists of comprehension questions focused on investment tools. Level II, however, tests how you apply those standards to real life situations and focus on valuing assets, and level III of the CFA exam combines all the concepts and analytical methods in different applications and tests how you apply this knowledge in a portfolio management and compliance context.

CFA Exam: Preparation Tips

1. Always start your CFA exam preparations early so that you have an adequate amount of time to study and understand the concepts well and further allocate some time in reviewing the CFA Program curriculum, solving the mock exam and utilizing independent exam prep materials.

2. Make a proper study plan so that you can get sufficient time to study each subject thoroughly and jot down important terms, definitions and formulas relating to each one.

3. Students appearing in the CFA exam are required to solve the question in a short period of time.Thus, practicing with either of the two approved models of calculator (Texas Instruments BA II Plus and Hewlett-Packard 12C) will allow you to achieve the greatest efficiency.

4. Try to cover all subjects at least one month before the exam so that you get ample time to solve mock tests and other online assessment tests to assess your strengths and weaknesses.

5. When the exam approaches, make time for yourself. Stay at home, review the topics one by one and allow no interruption.

In addition to following these useful tips, you can even consider signing up for a CFA prep course offered at the Genesis Institute in Dubai. This rigorous and comprehensive program perfectly combines concepts and practices that are meant to train candidates for a rewarding career in the finance sector.

Comments

Importance of Understanding the Finance for the Non-Financial Managers

Understanding Finance and Accounting will equip non-financial managers with the financial knowledge necessary to communicate more effectively with financial managers, analyze financial statements and understand how they relate, interpret a company's profitability, solvency and liquidity, explore the sources and costs of capital and the factors of investment decisions, and learn valuation principles and their impact on the value drivers of the firm. Participants will gain both competence and confidence in their interactions with financial colleagues and senior executives. Here is the importance of finance to the non-financial professionals: Why finance courses for non-professional executives? Every manager and high-level professionals has to understand finance. The more you go higher in the organization the more important it is to have that understanding. It’s the only way to feel confident in high-level meetings. Finance courses is of core function for good profi

A Beginner’s Guide on IFRS

It is through accounting that a business learns of its expense classifications along with gaining standards to best describe the financial problems of an entity. The accounting standards are guidelines for financial accounting, and the external entities (regulatory agencies, banks etc.) rely on these standards to ensure that relevant and accurate information is provided about the entity. The financial statements of publicly-transacted companies in many nations may require being prepared in accordance with the standards set by the IASB or the International Accounting Standards Board. What is IFRS? International Financial Reporting Standard or IFRS is a single set of accounting standards that has been created and is conserved by the International Accounting Standards Board for a consistent global application, by all economies in order to offer financiers and other financial statement users with the ability to compare the financial performance of publicly listed companies with their

Advantages of Doing a Financial Modeling and Valuation Course

Financial modeling and valuation is one of the most sought after financial courses that every finance professional requires to do in today’s competitive corporate world. There is an increasing demand for financial modeling analysts having essential skills and proficiency in financial modeling to dissect and analyze a company’s performance and make predictions about the company’s future. Some of the skills/areas that you can learn/ work in after pursuing financial modeling and valuation course are: Build financial models through step wise projection of income statement, balance sheet, and cash flows. This helps you to get better control of financial management for the company you work. You will learn to apply advanced Excel tools like Data Tables, Nested Ifs, Time Value of Money. You can develop the key schedules including debt/interest, depreciation, working capital, and equity. If you are working in an equity research firm these are the essential skills you may need fo

About Finance Courses in Dubai

Search This Blog