Cfa

The CFA® Program is designed to equip you with the investment knowledge and ethical principals to excel in the financial markets. As a measure of its global recognition, more than 90,000 CFA candidates from 162 countries sat the CFA exam in June 2007. Without a doubt, earning your CFA® charter will enhance your credibility and competitive advantage in the global
workplace, as well as connecting you to a global network of over 79,000 charterholders.

At Spectramind we understand that, as a busy investment professional, you will want flexible study solutions to help
you make effective use of the time spent preparing for your CFA exam. That’s why we have a range of weekday, evening and Saturday classroom courses that you can mix and match to suit your lifestyle. We’ve also developed a comprehensive distance learning package, should you prefer to study at your own pace. Both classroom and distance learning study solutions are built around three key elements – knowledge, application and practice – which we believe are critical for first time exam success.

Who takes the exam?

  • Analysts, Equity & Fixed Income
  • CEO/Chairman/Partner/Principal/CIO/CFO
  • Accountants/Auditors
  • Investment Bankers
  • Investment Firm Managers
  • Portfolio Managers
  • Trader/Securities
  • Sales/Marketing Managers
  • Investment Counsellors

CFA®Course Syllabus
The CFA® programme consists of three levels.
It takes around 2 to 3 Months each level to complete.

CFA® Level I

The Level I curriculum concentrates on tools and concepts relating to investment valuation and portfolio management. The course also covers securities laws and regulations, and the CFA® Institute Code of Ethics and Standards of Professional Conduct. The curriculum highlights an overview of asset valuation and portfolio management practices:

  • · Financial markets and other financial instruments
  • · Corporate finance
  • · Analysis of financial statement
  • · Quantitative methods of investment analysis

About the CFA® Level I Questions

The Level I exams will include 240 total multiple choice questions, 120 on the morning session of the exam and 120 on the afternoon session. Each multiple choice question is free-standing (not dependent on other questions) and has four possible answers: A, B, C, and D. All questions are equally weighted and there is no penalty for guessing.

Historical Pass Rate: The worldwide pass rates were 42%, 47%, and 68% for Levels I, II, and III, respectively.

How to Prepare for the CFA® Exam:

CFA® Exam is a very tough exam; a reasonable estimate to prepare for the exam would be 300 hours. Depending on an individual's academic background and work experience, preparation for the exam would take approximately 3 to 4 months. In reality, you need to spend nearly every weekend between February to May to prepare for the exam. Pristine has designed Exam-focused Classroom trainings & Comprehensive reading material to speedup your preparation process which can reduce your exam preparation time from 300 hrs to 150hrs.

Spectramind CFA® (Level 1) - 130 hrs Comprehensive Classroom Trainings in Hyderabad , Chennai ,Bangalore, Delhi and Mumbai

  • 90 hrs - 18 days classroom trainings over 8 weekends;
  • 40 hrs of online questions tests & mock tests;
  • CFA® Certified Faculty drawn from IIT/IIM's
  • Online Solved Examples & Practice Exercises

CFA® Level 1 Exam Topical Outline: CBOK

1 Ethical and Professional Standards

  • Professional Standards of Practice
  • Ethical Practices

2 Quantitative Methods

  • Time Value of Money
  • Probability
  • Probability Distributions and Descriptive Statistics
  • Sampling and Estimation
  • Hypothesis Testing
  • Correlation Analysis and Regression
  • Time Series Analysis
  • Simulation Analysis
  • Technical Analysis

3 Economics

  • Market Forces of Supply and Demand
  • The Firm and Industry Organization
  • Measuring National Income and Growth
  • Business Cycles
  • The Monetary System
  • Inflation
  • International Trade and Capital Flows
  • Currency Exchange Rates
  • Monetary and Fiscal Policy
  • Economic Growth and Development
  • Effects of Government Regulation
  • Impact of Economic Factors on Investment Markets

4 Financial Reporting and Analysis

  • Financial Reporting System (IFRS and GAAP)
  • Principal Financial Statements
  • Financial Reporting Quality
  • Analysis of Inventories
  • Analysis of Long-Lived Assets
  • Analysis of Taxes
  • Analysis of Debt
  • Analysis of Off-Balance-Sheet Assets and Liabilities
  • Analysis of Pensions, Stock Compensation, and Other Employee Benefits
  • Analysis of Inter-Corporate Investments
  • Analysis of Business Combinations
  • Analysis of Global Operations
  • Ratio and Financial Analysis

5 Corporate Finance

  • Corporate Governance
  • Dividend Policy
  • Capital Investment Decisions
  • Business and Financial Risk
  • Long-Term Financial Policy
  • Short-Term Financial Policy
  • Mergers and Acquisitions and Corporate Restructuring

6 Equity Investments

  • Types of Equity Securities and their Characteristics
  • Equity Markets: Characteristics, Institutions, and Benchmarks
  • Fundamental Analysis (Sector, Industry, Company) and the Valuation of Individual Equity Securities
  • Equity Market Valuation and Return Analysis
  • Special Applications of Fundamental Analysis (Residual Earnings)
  • Equity of Hybrid Investment Vehicles

7 Fixed Income

  • Types of Fixed-Income Securities and their Characteristics
  • Fixed-Income Markets: Characteristics, Institutions, and Benchmarks
  • Fixed-Income Valuation (Sector, Industry, Company) and Return Analysis
  • Term Structure Determination and Yield Spreads
  • Analysis of Interest Rate Risk
  • Analysis of Credit Risk
  • Valuing Bonds with Embedded Options
  • Structured Products

8 Derivatives

  • Types of Derivative Instruments and their Characteristics
  • Forward Markets and Instruments
  • Futures Markets and Instruments
  • Options Markets and Instruments
  • Swaps Markets and Instruments
  • Credit Derivatives Markets and Instruments

9 Alternative Investments

  • Types of Alternative Investments and their Characteristics
  • Real Estate
  • Private Equity/Venture Capital
  • Hedge Funds
  • Closely-held Companies and Inactively Traded Securities
  • Distressed Securities/Bankruptcies
  • Commodities
  • Tangible Assets with Low Liquidity

10 Portfolio Management and Wealth Planning

  • Portfolio Concepts
  • Management of Individual/Family Investor Portfolios
  • Management of Institutional Investor Portfolios
  • Pension Plans and Employee Benefit Funds
  • Investment Manager Selection
  • Other Institutional Investors
  • Mutual Funds, Pooled Funds, and ETFs
  • Economic Analysis and Setting Capital Market Expectations
  • Tax Efficiency
  • Asset Allocation (including Currency Overlay)
  • Portfolio Construction and Revision
  • Equity Portfolio Management Strategies
  • Fixed-Income Portfolio Management Strategies
  • Alternative Investments Management Strategies
  • Risk Management
  • Execution of Portfolio Decisions (Trading)
  • Performance Evaluation
  • Presentation of Performance Results

CFA® Level II

The Level II syllabus focuses on asset valuation, where candidates must employ concepts of quantitative techniques, economic analysis, accounting-in analysing and valuing investments. Students should have a thorough understanding of capital market theory and industry and company analysis, and of:

  • · Analysing equity and fixed-income securities and other financial investments
  • · Evaluating alternative investment choices
  • · Making investment proposals
  • · Estimating expected investment return on investment and risks

The Level II study program emphasizes asset valuation and includes applications of the tools and inputs (including economics, financial statement analysis, and quantitative methods) in asset valuation.

The Level II CFA® exam consists of 20 item sets - 10 on the morning session of the exam and 10 on the afternoon session.
Item sets are sometimes called "mini-cases." Each item set on the CFA® exam consists of a vignette (or case statement) and six multiple choice items (questions).
The length of a vignette ranges from about 1 page to 2.5 pages. The longer vignettes are those that include several tables of information, such as for a financial statement analysis, statistics, or fixed-income item set. The average length of the vignettes on the exam is about 1.5 pages.
The six items in each item set can only be answered based on the information in the vignette. Hence, the items are not free-standing (as in Level I), but are drawn from the vignette. You will need to read the vignette before answering the items, and you will need to refer back to the vignette for information. The six items can be answered independent of each other, but they do require information in the vignette.
On the Level II exam, you will have a total of 120 items (20 vignettes with 6 items each) compared to 240 multiple choice items on the Level I exam. The exam formats (including the essays at Level III) adapt to the changing topic focus and learning focus at each level. The topic focus on Level I is on investment tools, the topic focus on Level II is on asset valuation, and the topic focus on Level III is on portfolio management. The learning focus also changes, from knowledge and comprehension (Level I), to application and analysis (Level II), and to synthesis and evaluation (Level III).
The Level II and III exams are graded for 360 points, corresponding to the number of minutes on the exam. The 120 Level II items are equally weighted, 3 points each, with no penalty for guessing. At Level III, the morning essay exam is 180 points and the afternoon item set exam is 180 points.

Session : Title

  1. 1st day : Financial Statement Analysis: Inter corporate Investment Variable Interest Entities, Intercompany debt, Consolidated cash Flow and other Issues, Employee Compensation
  2. 2 nd day : Financial Statement Analysis: Multinational Operations Financial Reporting and Analysis
  3. 3rdday : Equity Investments: Asset Valuation, Equity Valuation process, Equity Markets & Instruments, Return Concepts, Equity Concepts and techniques, Five Force for Strategy, Industry Analysis
  4. 4 thday : Equity Investments: Valuation in Emerging Markets, Discounted Dividend Model, Free Cash Flow Models, Market Based valuation Models: Multiples
  5. 5thday : Equity Investment and Alternate Assets: Anatomy of Valuations, Residual Income Valuation, Investment Analysis, Income Property Analysis and Appraisal, Private Equity Valuation, Evaluating Performance of Hedge Funds
  6. 6thday : Fixed Income: General principle of Credit Analysis, The Liquidity Conundrum, Term Structure and Volatility of Interest Rates, Valuing bonds with Embedded Options
  7. 7thday : Fixed income and derivatives: Mortgage backed Sectors of the Bond Market, Asset Backed sectors of the Bond market, Valuing Mortgage Backed and Asset backed Securities, Forward Markets and Contracts, Future markets and Contracts
  8. 8th day : Derivatives: Options, Swap, Interest Rate derivative Instruments, Using Credit Derivatives to enhance return and Manage Risk

CFA® Level III

Level III will develop students’ knowledge of portfolio management in greater depth. Candidates must apply the knowledge and skills learned in Levels I and II to the portfolio management process – from estimating and analysing objectives, investor constraints, and capital-market expectations to making asset-allocation decisions. The curriculum covers:

  • · Corporate finance
  • · Financial statements analysis
  • · Ethical and professional standards
  • · Quantitative methods
  • · Economics
  • · Analysis of financial instruments
  • · Analysis of alternative investments
  • · Portfolio management

What will the exam cover?
The CFA® exams are based on the Candidate Body of Knowledge, which is organised into ten major areas:

  • Ethical and Professional Standards
  • Quantitative Methods
  • Economics
  • Financial Reporting and Analysis
  • Corporate Finance
  • Equity Investments
  • Fixed Income
  • Derivatives
  • Alternative Investments
  • Portfolio Management and Wealth Planning

Each year the CFA Program curriculum consisting of assigned readings and Learning Outcome Statements is released, which highlights what you will be expected to know in the exam.

Entrants must pass three levels of examinations sequentially. Candidates face 6 hours of examination,broken down into two 3 hour sessions, one in the morning and one in the afternoon.
Level I
Exam takes place twice a year: June & December
Levels II & III
Exams take place once a year: June

Who is eligible to register?
To enrol for the CFA® Program, a delegate must fulfil the
entrance requirements.
You must:

have a bachelor’s degree, be in the final year of your bachelor's degree, or have four years of qualified,professional work experience or a combination of work and college experience that totals at least four years
meet the professional conduct admission criteria
be prepared to take the examinations in English

To preserve your candidate status you must maintain a commitment to the CFA Institute Code of Ethics and Standards of Professional Conduct – a commitment that demands you put the interests of your clients first.

CFA® charter requirements

Gaining the charter takes a minimum of 2 to 3 years and
you will need to:
pass each of the Level I, II and III exams
The CFA Institute recommends a minimum of 250 hours of study with substantially more depending on individual circumstances.
meet the work experience requirements If you became a candidate in the 2005 exam cycle or thereafter, you will need four years of acceptableprofessional work experience for regular membership.
become a regular member of the CFA Institutereceive your official status
The CFA Institute will notify you when you have completed all requirements and can begin using the CFA designation.
maintain your status
Follow the CFA charterholder guidelines.
For full details on the CFA charter requirements, please the CFA Institute website at www.cfainstitute.org


Registration Details

Course Fee:
Single Nomination:
INR 15,000/-
(Each Level)

Course Dates, Venue & Timings:

5 Days Couse / Max of 50 hours … for each LEVEL.

India Course Dates, Venue & Timings:

Sl.No. State City Batch1-Date Batch1-Date Batch2-Date Batch2-Date Batch3-Date Batch3-Date Batch4-Date Batch4-Date Venue Contact
1 Andhra Pradesh Vijayawada 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 Vijayawada- Spectramind , DBS center Vijay
2 Andhra Pradesh Vizac/ Vishakhapatnam 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 Vizac- SpectraMind , Naga Chambers, Level 3 & 4, D/No. 12-1-16 Plot No. 49, Survey No 1051, Opposite HDFC bank, Waltair Main Road, Visakhapatanam, 530002 Vijay
3 Assam Guwahati 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 SPECTRAMIND Kaushik
4 Assam Dibrugarh 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 SPECTRAMIND Kaushik
5 Bihar Patna 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 DBS Center, Patna Jason
6 Calicut Kozhikode 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 SPECTRAMIND Kaushik
7 Chhattisgarh Raipur 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 DBS center ,Raipur Jason
8 Delhi Delhi 23-Jan’16 24-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 SPECTRAMIND,Paharpur Business Centre, 21, Nehru Place Greens, New Delhi - 110019 Rama Gopal :
9 Goa Goa 7-Dec’15 14-Dec’15 21-Dec’15 28-Dec’15 1-Jan’16 5-Jan’16 1-Feb’16 5-Feb’16 SPECTRAMIND Kaushik
10 Gujarat Ahmedabad 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 Ahmedabad - SpectraMind, 101 – 104, GCP Business Centre, Opp. Memnagar Fire Station, Vijay Cross Road, Memnagar, Ahmedabad, 380014 Mr.Alok
11 Gujarat Vadodara 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 Ahmedabad - SpectraMind, 101 – 104, GCP Business Centre, Opp. Memnagar Fire Station, Vijay Cross Road, Memnagar, Ahmedabad, 380014 Mr.Alok
12 Haryana Gurgaon 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 Gurgaon - SpectraMind, Level 9, Spaze i-Tech Park, A1 Tower, Sector - 49, Sohna Road, Gurgaon, 122018 Rama Gopal :
13 Haryana Chandigarh 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 Chandigarh - SpectraMind, Level 4, Tower-A, Godrej Eternia, plot number 70, Industrial Area 1, Haryana, Chandigarh Kavita
14 Jammu and Kashmir Jammu 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 SPECTRAMIND Kaushik
15 Jammu and Kashmir Srinagar 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 SPECTRAMIND Kaushik
16 Jharkhand Ranchi 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 SPECTRAMIND Kaushik
17 Karnataka Bangalore 16-Jan’16 17-Jan’16 ** 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 SPECTRAMIND,DBS center , Cunningham road , Bangalore Namratha
18 Karnataka Mysore 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 DBS center , Mysore Namratha
19 Karnataka Hubli 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 DBS center , Hubli Namratha
20 Kerala kochi - - - - 2-Jan’16 3-Jan’16 6-Feb’16 7-Feb’16 SPECTRAMIND,ThomasMount ,ICTA Building,Changampuzha Nagar P.O.,Cochin- 682033 Mr.Manoj:
21 Kerala Trivandrum 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 Hotel Classic Avenue, Thampanoor, Trivandrum, Kerala. Mr.Manoj
22 Madhya Pradesh Indore 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 Indore – SpectraMind , DNR 90, Unit Nos. 301, 3rd floor, 569/3, MG Road, Indore, 452003 Arun
23 Maharshtra Nagpur 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 SPECTRAMIND Kaushik
24 Maharashtra Mumbai **23-Jan’16 24-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 SPECTRAMIND,DBS Heritage,Prescot Road,Opp. Cathedral Sr. School,Fort, Mumbai 400001. DBS Heritage (From Airport instruct the car / cab driver to drive to Fort, FashionStreet. It’s near Siddharth College, Budha Bhavan. Also there are schools like J. P. Pettit School & Cathedral Sr. School Mr.Vasudev
25 Maharashtra Pune 30-Jan’16 31-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 SPECTRAMIND,Panchasheel tech park,Yerwada, Pune Mr.Manish
26 Manipur Imphal 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 SPECTRAMIND Kaushik
27 Nagaland Dimapur 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 SPECTRAMIND Kaushik
28 Orissa Bhubaneshwar 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 Vani Vihar, Bhubaneshwar Mr. Satya Deep
29 Rajasthan Jaipur 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 DBS center,Jaipur Mr.Manish
30 Rajasthan Udaipur 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 SPECTRAMIND Kaushik
31 Tamilnadu Chennai 9-Jan’16 10-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 SPECTRAMIND,CHENNAI, CitiCentre , Level 6, 10/11 Dr.Radhakrishna Salai,Chennai,Tamil Nadu,600 004,India Mr.Balaji
32 Tamilnadu Coimbatore 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 Coimbatore , SpectraMind ‘Srivari Srimath”, 3rd floor, Door No.1045,Avinashi Road, Coimbatore, 641 018 Mr.Balaji
33 Telangana Hyderabad 4-Jan’16 10-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 SPECTRAMIND , Flat 617, 6th Floor ,Annapurna block, Aditya enclave, Ameerpet, Hyderabad-500016 Jason
34 Uttar Pradesh Varanasi 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 SPECTRAMIND Kaushik
35 Uttar Pradesh Noida 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 Noida - SpectraMind, Tapasya Corp Heights, Ground Floor, Sector 126, Uttar Pradesh, Noida Rama Gopal :
36 Uttar Pradesh Lucknow 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 Lucknow – SpectraMind , 4th Floor, Halwasiya Court, Hazratganj, Uttar Pradesh, Lucknow, 226001 Mr.Sandeep
37 Westbengal Kolkata 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 SpectraMind , The Legacy, 1st Floor, 25-A, Shakespeare Sarani, Kolkata, 700017 Mr.Hamid :
38 West Bengal Bagdogra 16-Jan’16 17-Jan’16 6-Feb’16 7-Feb’16 5-Mar’16 6-Mar’16 2-Apr’16 3-Apr’16 SPECTRAMIND Kaushik

Contact Details:

Mr. Vijay Bhaskar Reddy

Mobile: 0 94400 89341

Phone: 040-6456 8797

Register Online: moc.snoitulosdnimartceps|ofni#moc.snoitulosdnimartceps|ofni
Email: ni.oc.oohay|pmpaqscyajiV#ni.oc.oohay|pmpaqscyajiV

Yahoo chat : Vijaycsqapmp
Google chat/Skype chat/AOL chat/ICQ chat : tiptopten2000
Hotmail/Live chat / Rediff chat : tiptopten

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