64 HOURS OF AN EFFICIENT TRAINING RUN ENTIRELY IN ENGLISH 6 TOP-CLASS EXPERTS OVER 500 CHALLENGING EXERCISES SPECIALLY PREPARED MATERIALS AND A MOCK

Transcription

1 64 HOURS OF AN EFFICIENT TRAINING RUN ENTIRELY IN ENGLISH 6 TOP-CLASS EXPERTS OVER 500 CHALLENGING EXERCISES SPECIALLY PREPARED MATERIALS AND A MOCK EXAM ICIPATION COST: 2390 (NET.) 4CFA.COM PERK.COM.PL

2 Course Schedule 10 March Introduction, Quantitative Methods Financial Mathematics Instructor: Michał Ziętal, CFA The course is addressed to: Individuals intending to enter the CFA Program Individuals enrolled in the CFA Program and taking the Level 1 exam in June 2012 or later Finance Directors Ambitious students planning their career in the capital market or in general business Individuals who want to start working in international financial institutions Individuals working in the financial sector and using specialist English in their professional environment Private investors and people working in the capital market, as a means of raising qualifications or revising practical and theoretical knowledge, and as an opportunity for using sources of information in English Financial Advisors, as a means of raising and confirming qualifications Individuals with general interest in: investment, stock markets, forex, own development 11 March Quantitative Methods Statistics Instructor: Sebastian Liński, CIIA, Timetable: All training sessions are held from 9.30 to The course consists of 8 training days (4 weekends), lasting for 8h per day, which corresponds to 64 hours of training Location Warsaw, venue depends on the number of participants. Detailed information will be provided by our Officer Group size: Licensed Investment Advisor March Financial Reporting and Analysis Instructor: Agnieszka Żmigrodzka, Expert 18 March Corporate Finance, Equity Analysis Instructor: Michał Cichosz, CFA 31 March 1 April Fixed Income Analysis Instructor: Krzysztof Cesarz, Licensed Investment Advisor 319, 2 lvl CFA 14 April Derivatives and Alternative Investments Instructor: Michał Ziętal, CFA 15 April Portfolio Management and Wealth Planning Instructor: Michał Chawryło, pending CFA Charter 5-14 participants are expected

3 Study program The content of the course prepares participants to the carefully selected, major issues from the Candidate Body of Knowledge, the document created by the CFA Institute and a team of experienced CFA charterholders, which covers the topic areas that every candidate taking a CFA exam should master. The list of the topics covered at the 4CFA -Spring 2012 stationary course in comparison with the requirements of the CFA Institute for the Level 1 exam is enclosed at the end of this document as an Appendix. Working methods After enrolling for the course we provide (about 1-2 weeks before each topic area) a list of RE- QUIRED study materials (from CFA Curriculum or other sources), which ought to be read before the training session Each meeting begins with a short ( minutes) theoretical introduction The majority of the session time is then spent on solving practical tasks (altogether around 500). The instructor extends them with the so called case studies and makes the participants aware of the details and nuances. Each session ends with indicating homeworks Any problems may be consulted with the instructors or other participants at the closed internet forum (to which access is given soon after course enrolment). Additional information According to our policy, the absence on any session can be caught up on the next course (Autumn 2012) free of charge analytical-calculational skills, supporting it with only small doses of digestible theory and we concentrate on the most problematic issues. Purely theoretical issues are left for participants to study individually at home After enrolment, every student gets an access to our closed web-area, where they can find additional materials and exchange information with other students or with instructors via online Forum. We are convinced that it helps to prepare better the CFA Charter candidates. At the end of the course participant gets a certificate of completing CFA Course (in English) There is a possibility to receive a VAT invoice (23%); the required data must be provided at the time of enrolment Costs 2390 PLN (net) Discounts In case of paying the course fee until the 10th of February 190 PLN, net (2200 PLN); Not included in the price Financial Calculator TI BA II PLUS Professional absolutely necessary to perform the tasks during the sessions (estimated cost: zł). Enrolment Enrolment for the course is exclusively on-line, by filling the application form for the 4CFA SPRING 2012 Course, available at: Once the application form is filled, additional information concerning payment is sent automatically. During sessions we focus strongly on practical,

4 Appendix: The framework list of the issues covered in the stationary course 4CFA Spring 2012 according to the requirements of the CFA Institute Topic Weight Outline and LOS Course 4CFA Spring 2012 Weight Achieved Ethical and Professional Standards 15 Study Session 1 NONE 0 Quantitative Methods 12 Study Session 2 Study Session 3 Economics 10 Study Session 4 Study Session 5 Study Session 6 Financial Reporting and Analysis 20 Study Session 7 Study Session 8 Study Session 9 Study Session 10 NONE NONE NONE approx. Corporate Finance 8 Study Session 11 8 Portfolio Management and Wealth Planning 5 Study Session 12 5 Equity Investments 10 Study Session 13 Study Session 14 Fixed Income 12 Study Session 15 Study Session 16 7 approx. 2 Derivatives 5 Study Session 17 5 Alternative Investments 3 Study Session 18 3 Sum approx. Source: Developed by PERK, based on CFA Study Sessions for LVL1_DEC/11 & LVL1_JUN/12, more on: The following notations:,, NONE, approx. shall be understood subsequently as: : the whole range of issues shall be covered in the course : the course shall cover only some of the issues (the rest shall be indicated as: for individual home study ). A part of uncovered issues might be accessible at the closed internet webpage NONE: the issues shall not be covered in the course (they should be studied individually, at home ), the directions helping own study shall be provided, and part of uncovered issues might be accessible on the Internet approx. the estimated value

5 The profiles of the instructors Krzysztof Cesarz: Licensed Investment Advisor (licence no 319), passed Level 2 exam of CFA in June Graduate of the Poznan University of Economics. He started his career in 2007 in the Department of Investment Products in a bank. Since 2008, he has been working in IPOPEMA TFI S.A. as an Analyst in the Department of Asset Management. Member of a fund management team in: selective, aggressive and stable growth strategies. Instructor in: Fixed Income Analysis Michał Cichosz, CFA: Graduate of the Poznan University of Economics in Investment and Corporate Financial Strategies. His professional career started in 2005 in BZWBK Brokerage House, where he worked as a Fundamental Analyst. In years he managed investment share portfolios in Aviva Investors Poland. Since the beginning of 2011, he has been employed in Skarbiec TFI as a Manager of Equity Funds investing in the region of Central and Eastern Europe. Michał Chawryło: Completed Level III of the Chartered Financial Analyst Program and is now awaiting official recognition as a CFA charterholder. Graduate of Warsaw School of Economics in Quantitative Methods in Economics and Information Systems, and in Finance and Banking. He also studied at the University in Lund (Switzerland). Since 2007 he has been connected with the capital market, initially as a member of the team managing OFE AXA share portfolio. Currently he is working as an Investment Analyst in the private equity fund in ARX Equity Partners, where he is engaged in monitoring portfolio of companies, financial modeling and searching for investment purposes. Instructor in: Portfolio Management and Wealth Planning. Sebastian Liński, CIIA: Licensed Investment Advisor (license no. 357 acquired in March 2011) and a certified SAS Statistical Analyst. Graduate of Warsaw School of Economics in Quantitative Methods in Economics and Information Systems, specialising in Econometrics. In years he was a Consultant in an international strategic consulting company. Since June he has been working as an Equity Analyst in the equity strategy team at AXA TFI. Specialist in the field of statistical and econometric methods. Instructor in: Quantitative Methods Statistics Michał Ziętal, CFA: Graduate of Warsaw School of Economics in Finance and Banking. He also studied International Business and Management in Eindhoven. He is currently employed as an Investment Products Specialist at Retail Banking Department of BRE Bank. Passionate about continuous improvement, effective communication and knowledge sharing. Instructor in: Quantitative Methods Financial Mathematics and Derivatives. Agnieszka Żmigrodzka: Level 1 CFA completed in June Graduate of Warsaw School of Economics in Finance and Banking, specialising in Financial Markets. She also studied Business Analysis and Valuation at Harvard University in Cambridge, MA. Since February 2010 she has been employed in Equity Research Department in UBS PSC. She has worked e.g. on the reports initiating the coverage of the steel sector in UBS Investment Bank in New York. Instructor in: Financial Reporting and Analysis.

6 Contact Mateusz Łuszczyński, 4CFA Project Manager Do not hesitate to us via: or to call by phone: We will give you additional information about the course and CFA Program! You can speak either Polish or English.