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Chartered Financial Analysts - CFA
About
The Programme
Objectives
The ICFAI Approach
For Whom
The
CFA Program Structure
Regular
CFA Program (3 years)
Accelerated CFA Program (2 years)
About
The Programme
The
CFA Program
The Institute
of Chartered Financial Analysts of India launched the Chartered Financial
Analysts (CFA) Program in 1985. Over the years, the CFA Program has
attracted enrollments from a cross section of students interested in
careers in financial management and analysis.
A Unique
and Broad-based Program
The CFA
Program is unique in that it addresses the broader financial and managerial
issues in the areas of Corporate Finance, International Finance, Investment
Management and Financial Services.
The CFA
Program offered by ICFAI has been developed and is constantly reviewed
in the context of the present and future needs of the corporate sector,
the investment industry and the financial services sector.
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Objectives
The CFA
Program is a postgraduate professional program with the following broad
objectives :
- To impart
thorough knowledge of concepts in Corporate Finance, International Finance,
Investment Management and Financial Services.
- To improve
the ability to develop a framework for financial analysis and to rationally
evaluate alternatives for purposes of decision-making.
- To deepen
insights into practical applications of financial analysis in a dynamic
business environment.
- To develop
appreciation of the interface between financial analysis and other areas
like economics, management, investments, financial markets, international
finance, financial services and corporate strategy.
- To encourage
future finance professionals to equip themselves with the latest IT
tools and techniques.
- To develop
a new body of knowledge and skill-set and make them available for those
seeking challenging careers in the new era of liberalization and globalization.
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The
ICFAI Approach
The
CFA Program follows seven distinctive but inter-related approaches :
Theoretical
studies aimed at improving candidates' understanding of certain
fundamental phenomena and relationships underlying the changing world.
Applied
studies linking the theoretical studies to the practical problems
faced by managers.
Practical
exposure to industry practices takes place through a variety of
activities like training under practice school program, project work,
management development programs, seminars, conventions etc.
Global
Perspective to business by encouraging the candidates to appreciate
and get exposed to the international business environment and practices.
IT Orientation
by providing a strong focus on information technology and its linkage
with finance.
E-Business
Framework aimed at encouraging the candidate to deepen their understanding
of financial management and analysis in the era of E-Business leading
to virtual delivery of financial services.
Ethical
Focus aimed at inculcating in the candidates an ethical approach
in their professional interactions and a sense of personal, corporate,
and social responsibilities.
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For
Whom
- Candidates
looking for a long-term career as a finance professional to work in
the industry (corporate/financial services/banking sectors) or to set
up independent practice/consulting.
- Professionals
like Chartered Accountants, Cost Accountants, Company Secretaries who
are keen on building a hard core finance career or those who are interested
in updating themselves in finance.
- MBAs and
other management professionals who would like to specialize in finance
or would like to have a strong grounding in finance which would help
them in performing their general management functions better.
- Graduates
interested to build a career in finance.
- Candidates
pursuing full-time postgraduate programs in management.
- Working
executives seeking enhanced career mobility and prospects in the area
of finance.
- Banking
professionals who want to upgrade their knowledge.
- Academicians
and those in the teaching profession who are keen to update their knowledge
in the areas of finance.
Two
Formats
The CFA
Program is offered on a distance learning basis through study and examinations
in the following two formats :
The
Regular CFA Program (3 years)
The Accelerated CFA Program (2 years)
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The
CFA Program Structure
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Level/Group/Subject
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Marks
Allotted
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CFA
Level I (DBF)
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|
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Group
Alpha
Financial Accounting
Economics
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200
200
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Group
Beta
Quantitative Methods
Financial Management
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200
200
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Group
Gamma
Management Accounting
Economic Legislation
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200
200
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Total
(A)
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1200
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CFA
Level II (ADF)
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|
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Group
Delta
Security Analysis
International Finance and Trade
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200
200
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Group
Epsilon
Financial Risk Management
Project Management
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200
200
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Group
Kappa
Portfolio
Management & Mutual Funds
Investment Banking & Financial Services
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200
200
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Total
(B)
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1200
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CFA
Level III (PGDFA)
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|
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Group
Lambda
Strategic Financial Management
Management of Financial Institutions
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200
200
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Group
Sigma
Integrated Case Studies
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200
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Group
Theta
Mergers & Acquisitions
Financial Control & Information Systems
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200
200
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Total
(C)
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1000
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Grand
Total (A+B+C)
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3400
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Note:The
examination for each Subject is of 6 hours duration. Each subject has
two Papers of 3 hours each. Examinations are conducted in the
morning session (3 hours) and the afternoon session (3 hours).
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