Accueil > Cfa seminar part 1

KEXT 2030 - CFA SEMINAR PART 1

Type d'enseignement : Seminar

Semester : Autumn and Spring 2017-2018

Number of hours : 48

Language of tuition : English

Pre-requisite

Basic knowledge in Quantitative methods and financial statements

Course Description

The CFA Program provides a strong foundation of advanced investment analysis, analytical and real-world portfolio management skills. It is strongly anchored in high professional ethical standards. Hiring leading firms often require the CFA credential when considering job applications. This course objective is to cover the CFA level 1 program with a focus on exam practice. During the 1st Semester, the course will cover financial reporting and analysis and quantitative methods while in the 2nd semester, the course will focus on ethics, economics, corporate finance, asset valuation and portfolio management;

Session 1: Study Session 7 Financial statement analysis: an introduction Financial statement analysis: introduction Financial reporting mechanics Session 2: Study session 7-8 Describe Financial reporting standards Understanding income statements Session 3: Study session 8 Financial reporting and analysis I Understanding balance sheets Understanding cash flow statements Session 4: Study session 8-9 Financial analysis techniques Analysis of inventories Session 5: Study session 9 Financial reporting and analysis II Analysis of long lived assets Analysis of Income Taxes Session 6: Study session 9 and 10 Long term (non-current) liabilities Financial reporting quality (I) Session 7: Study session 10 Financial reporting and analysis III Financial reporting quality (II) Applications of Financial reporting analysis Session 8: Study session 2 Quantitative methods: basic concepts I Time value of money Discounted cash flow applications Session 9: Study session 2 Quantitative methods: basic concepts II Statistical concepts and market returns Probability concepts Session 10: Study session 3 Quantitative methods: application I Common probability distributions Sampling and estimation Session 11: Study session 3 Quantitative methods: application II Hypothesis testing I Session 12: Study session 3 Quantitative methods: application III Hypothesis testing II Technical analysis

Teachers

  • CANTOR, Gary (Independant financial consultant and trainer, Cantor Gary Stuart)
  • COLUMELLI, Nathalie (Consultante, FINANCE TRAINING)
  • DAROUICH, Zakaria (Gérant de Portefeuilles, AMUNDI)

Pedagogical format

Students study the topics in the CFA curriculum books before the course The course is made of 1/3 theory and 2/3 practice For each topic, professors focus on technics for correctly answering the CFA Exam questions on each topic. Additional questions will be dealt with by e-mail until the exam date. Students should always attend the course with an authorized calculator: Authorized calculator: Texas Instrument TIBA2+

Course validation

Students take a mock exam at the end of the seminar Students take the CFA level 1 exam on Saturday, June 3rd 2017 The exam is organized on that single day by the CFA Institute in Paris

Workload

The CFA level 1 course (Semesters 1 and 2) implies a large commitment of personal and autonomous study of 320 hours. For the Semester 1 course, students will need to allocate 120 hours to master the material.

Required reading

1. CFA Curriculum is made of 6 volumes. Semester 1 will cover Volumes 1 and 3