Chartered Financial Analyst®
CFA® Program
KORNERSTONE is a member of the CFA Insitute Approved Prep Provider Program
Overview
The CFA® designation is a qualification for finance and investment professionals, particularly in the fields of investment management, investment banking and financial analysis of stocks, bonds and their derivative assets. The CFA® Program focuses on portfolio management and financial analysis, and provides a general knowledge of other areas of finance, equipping you with a strong foundation for a variety of career choices in the investment profession. Employers and media around the world recognize the CFA® charter as the standard of professional excellence. The Economist ranked the CFA® Program as the gold standard among investment analysis designations. With such widespread recognition, CFA® charterholders earn a significant competitive advantage for international employment.
The program is taught from the official CFA® Program curriculum. You learn from the source material that the examiners will use to test you. There are no easy shortcuts to CFA® charter success.
CFA Institute does not endorse, promote, or warrant the accuracy or quality of the products or services offered by KORNERSTONE. CFA Institute, CFA® and the Chartered Financial Analyst® are trademarks owned by CFA Institute.
Wiley Study Materials
The partnership between KORNERSTONE and Wiley provides an ideal blended learning solution combining of local expert trainer support and state of the art online learning tools to students.
Features:
- Exclusively customized package of KORNERSTONE’s localized live instructions and Wiley’s Exam Review Course
- Include study texts covering every LOS, exam-grade practice questions, personalized study planner and mock exams
- Bite-size online lessons help you review key concept in every topic area
About the Certification
- CFA® charter is awarded by CFA Institute, which is the world’s largest association of investment professionals, with more than 150,000 members and 163 countries
- The latest global passing rate of CFA® exam: Level I of the CFA® exam: 43% (Jun 2018); Level II of CFA®exam: 45% (Jun 2018); Level III of CFA® exam: 56% (Jun 2018)
- CFA Institute official website: http://www.cfainstitute.org
Training Outlines
- Ethical and professional standards
- Investment tools
- Quantitative methods
- Economics
- Financial reporting & analysis
- Corporate finance
- Asset classes
- Equity investment
- Fixed income Investment
- Derivatives
- Alternative investment
- Portfolio management and wealth planning
Training Highlights
- Level I of the CFA® exam: Exam-focused, instructor-led training
– In-class training
– Practice exercises + mock exam and exam drill
– Accounting workshop (optional) - Level II of the CFA® exam:
– Exam-focused, instructor-led training
– Practice exercises + mock exam and exam drill - Level III of the CFA® exam:
– Exam-focused, instructor-led training
– Practice exercises + mock exam and exam drill - CFA® examination-focused
- Training materials and classroom exercises are designed based on the CFA® Program curriculum
- Real case studies will be adopted in class to enable practical application
- Conducted by multi trainers in accordance to their expertise of the CFA® Program curriculum
- Optimal class size enables interactive and effective discussion between CFA® trainers and participants
- Free re-sitting for those who fail the CFA® exam with 80% of attendance or above
Examination Highlights
- Level I of the CFA® exam (June and December)
- 240 multiple choice questions
- Morning session (3 hours): 120 questions;
Afternoon session (3 hours): 120 questions
- Level II of the CFA® exam (June)
- 20–30 vignettes supporting 120 multiple choice questions
- Morning session (3 hours): 10–15 vignettes supporting 60 questions;
Afternoon session (3 hours): 10–15 vignettes supporting 60 questions
- Level III of the CFA® exam (June)
- 20–30 vignettes supporting a variable number of constructed response and multiple choice questions
- Morning session (3 hours): 8–15 vignettes supporting constructed response questions;
Afternoon session (3 hours): 10–15 vignettes supporting 60 multiple choice questions
- CFA® Program and learning focus
- Level I of the CFA® exam: Topic focus is on investment tools, and the learning focus is on knowledge and comprehension
- Level II of the CFA® exam: Topic focus is on asset valuation, and the learning focus is on application and analysis
- Level III of the CFA® exam: Topic focus is on portfolio management, and learning focus is on synthesis and evaluation
- CFA® exam Topic
Level I Level II Level III I. Ethical and professional standards 15% 10-15% 10-15% II. Investment tools
- Quantitative methods
- Economics
- Financial reporting & analysis
- Corporate finance
45% 25-45% 5-10% III. Asset classes
- Derivatives
- Equity investment
- Fixed income
- Alternative investment
34% 30-50% 35-55% IV. Portfolio management and wealth planning 6% 5-15% 35-40% - A 6-hour examination is divided into a morning and an afternoon session with a 2-hour lunch break in between
- Candidates must attend both the morning and afternoon sessions to have their examinations graded
Chartered Requirements
- Have 4 years of qualified, professional work experience or a combination of work and colleague experience that totals at least 4 years
- Have 48 months of acceptable professional work experience (a recognized regular member)
- Become a member of the CFA Institute and apply for membership to a local CFA® member society
- Pass the CFA® Program Level I, Level II and Level III examinations
- Meet the professional conduct admission criteria
Trainers
Mr. Jimmy Lee
- CFA, CPA (Practising), CFPcm, MBA, LLMArbDR, BSc (Hons)
- 15 years of professional training experience in Investment, Accounting, Financial Planning and Funds Management
- Currently a director a an asset management company
- Previous experience as a professional auditor, private banker and a senior management in various financial institutions like Deloitte, UBS and AXA
Mr. Jack Tsang
- CFA, FRM®, CWM®, CPA
- Master of Laws in Corporate and Financial Law
- Master of Science in Finance
- Registered Corporate Coach (RCC)
Dr. Francis Lau
- PhD, FRM®, CFA
- PhD degree specializes in quantitative trading strategies
- A seasoned practitioner who has over 10 years’ experiences in financial risk management, quantitative analysis and regulatory reporting for retail, wholesale and investing banking