CFA Training Programme for Level 1

Transcription

1 CFA Training Programme for Level 1 ahead of the June 2018 exam session START: 2 December 2017 Early registration course fee: 4950 PLN+23% vat (ends 15 September 2017) Client Relations Officer: Renata Michalak Tel renata.michalak@pl.ey.com

2 START: 2 December 2017 Early registration course fee: 4950 PLN + 23% VAT (ends 15 September 2017) The standard price of the CFA Level 1 (10-day) course is 5,690 PLN + 23% VAT. If you do not wish to participate on the full programme you are welcome to select the modules you wish to attend: Price per 1 day 900 PLN + 23% VAT Price per 2-day module is 1,700 PLN + 23% VAT Schweser Live Mock Exam 159 PLN + 23 % VAT What does EY Academy of Business offer? Ahead of the Level 1 June 2018 exam, we are offering candidates a comprehensive preparatory course consisting of: 10 days of classroom training for Level 1 led by experienced tutors, focused on examination technique, delivered in five phases held approximately one month apart. Mock exam participants will have an opportunity to test their knowledge under conditions identical to those encountered in the real exam. Hot-line contact with the tutors is available throughout the course. Our course tutors are experts in their field and all have professional experience. The course is comprehensive, allowing time to cover the key areas of the Level 1 syllabus in sufficient detail. It is delivered over weekends so as to eliminate the need for participants to take additional time off work. The course is conducted in English. In addition to classroom training and the opportunity to sit a mock Level 1 exam, all participants receive: u A complete set of study material for each topic purchased including a summary of major issues discussed in the course and an extensive bank of exam-type questions. u The Texas Instruments BA II Plus calculator one of the two calculators authorised for use in the CFA exam (only for participants who attend whole course). Participants may additionally purchase: u A complete set of Schweser CFA Level 1 Study Notes and Practice Exams vol. 1 and 2 Pricing and terms are available on request Schweser Live Mock Exam free of charge for course participants!

3 What is the Chartered Financial Analyst Programme? The Chartered Financial Analyst (CFA ) qualification is administered by the CFA Institute in the USA and is promoted as the industry standard for professionals working in the financial services industry. The CFA qualification is one of the most highly respected and valued qualifications available internationally. In both developed and emerging markets, the CFA designation is recognised as a symbol of professional excellence. CFA candidates and charter holders reside in more than 150 countries throughout the world. Gaining such a qualification is evidence that the holder possesses skills and knowledge that are in high demand by employers in the securities markets, banking, corporate finance, fund management, insurance and investment advice. Who takes the CFA examinations? The CFA Programme is most suitable for those who aspire to become professionals in the financial services industry. University graduates of any discipline can join the programme. A background in accounting or finance is helpful but is not a pre-requisite. What are the benefits of holding the CFA charter? The CFA Programme is a comprehensive programme in investment management skills. It takes the candidate to advanced levels in a variety of subjects such as: u Investment analysis u Portfolio management u Assets valuation u Securities evaluation u Fund management u Investment advice u Regulation of investment management services How long does it take to gain the CFA? There are three examination levels, which must be passed sequentially. The exam sittings are annual, in early June. Additionally, the Level 1 exam may be taken in December. It is possible to sit the December exam in Warsaw. There are no exemptions and only one level may be taken at a time. Candidates should expect to complete the programme in two and a half or three years assuming first time passes for each exam. CFA Institute does not require candidates to complete the CFA Programme within a specified time frame. Nor does CFA Institute limit the number of times candidates may sit for each exam level or require candidates to repeat an exam level that they already have passed, regardless of the time elapsed between exams. How much will it cost to gain the CFA charter? In addition to the course fee there is the cost of registration and enrolment for each exam with the CFA Institute. The registration fee includes the price of the CFA Program Curriculum along with an additional on-line set of questions. Candidates may calculate the total cost of enrolment and registration at the CFA Institute website: aprogram/register/pages/fee_schedule.a spx CFA curriculum and examinations The syllabus for each of the three levels is based on the same list of topics, contained in the Candidate Body of Knowledge, produced by the CFA Institute, and is specified by way of a list of learning outcome statements. The learning outcome statements relate to chapters or excerpts from a series of recommended textbooks, professional journal articles and other readings that are set as reading assignments and these reading assignments effectively constitute the study material. The Level I study programme emphasises tools and inputs and includes an introduction to asset valuation and portfolio management techniques. The Level II study programme emphasises asset valuation and includes applications of the tools and inputs (including economics, financial statement analysis, and quantitative methods) in asset valuation. The Level III study programme emphasises portfolio management and includes strategies for applying the tools, inputs, and asset valuation models in managing equity, fixed income, and derivative investments for individuals and institutions. The CFA Institute recommends that a candidate with little financial services experience spend a total of around 250 hours preparing for each level. In addition to the time spent on courses, candidates are assumed to be able to spend a minimum of six hours a week studying. Each level is examined in two three-hour exams set on the same day, one in the morning and the other in the afternoon, with both exams covering the whole syllabus for that level.

4 Our CFA course tutors Our CFA course tutors Georgia Sophocleous, FCCA Jarosław Olszewski, CFA, FCCA, CIA Georgia is a Fellow Member of the Association of Chartered Certified Accountants (ACCA) and a graduate in Economics and Finance from the Wartburg College in Waverly, Iowa, USA. Georgia delivers courses on selected topics regarding ACCA and CFA Qualifications. Since 1998 Georgia has been working in EY Academy of Business as a tutor of economics, management and financial accounting and management strategy papers (ACCA & CFA programs). She develops training courses for EY staff, for EY clients customised to their needs as well as open courses. Georgia also manages all courses that we deliver abroad in various countries and as far as the Middle East, India and Philipines. All trainers are under her leadership in developing and promoting training products in all countries. Georgia is also the author of training materials on various subjects e.g. managerial accounting, strategic planning and budgeting and on corporate finance. Jarosław is a graduate of the Poznan University of Economics and Business, and a member of the Association of Chartered Certified Accountants (ACCA), CFA (Chartered Financial Analyst), and Certified Internal Auditor (CIA). He has been working in EY since 1996 working in audit and obtaining experience in various industries through reviews and due diligence projects. His experience covers many sectors like Energy, Telecom, Service Industry and other. A a full time trainer he focused on IFRS, ACCA, CFA, Internal Audit, and Finance for non-financial managers. Jarosław s main specialization is International Financial Reporting Standards (IFRS). He develops and delivers both open courses as well as customised for the specific needs of clients as well as for EY partners and managers. He is the director of all post-graduate IFRS programs developed in cooperation with SGH Warsaw Scholl of Economics. Peter Juhasz, CFA Constantinos Papanastasiou, CFA Peter is a graduate of the University of Economic Sciences and Public Administration in Budapest and now a professor of the same university while at the same time a CFA Charterholder and the president of the local CFA Association in Hungary. He gained his CFA Qualification in 2003 and then in 2005 he obtained PhD in Business Administration on the Corvinus University in Budapest. Before joining the EY Academy of Business he spent four years as a columnist and financial analyst at World Economy, a leading Hungarian business daily. Peter has developed many training programmes for EY clients in many countries and enjoys a very high reputation as a specialist in the field of valuations and as a professional trainer. Peter conducts training courses on all areas of the CFA qualification. He also specializes on the financial strategy papers of ACCA. Constantinos is a CFA Charterholder, and also holds a Corporate Finance Qualification from the Institute of Chartered Accountants in England and Wales, a Certificate in Company Direction from the Institute of Directors UK, and certificates from CYSEC for the provision of advice for investments in financial instruments, underwriting, and portfolio management. He holds a B.Sc. (Econ) in Economics and Statistics from University College London and a M.Phil Finance from the University of Cambridge, Pembroke College. Constantinos has 15 years of experience in investment banking and currently heads the Investment Banking at The Cyprus Investment & Securities Corporation Limited (CISCO), Bank of Cyprus Group. He is also a member of the Board of Directors of Cyprus Airways Public Limited and a Lecturer for the CFA Program to CFA Candidates at the EY Academy of Business (Poland) and the Cyprus International Institute of Management (CIIM). He also formerly served as President of the CFA Society of Cyprus.

5 Courses timetable Phase 1 Timetable D1,D2 Financial Statement Analysis Phase 2 D3 Economics D4 Quantitative methods Phase 3 The course comprises of 10 days of classroom training (broken down into phases) and a mock exam. All classes are held in Warszawa: al. Armii Ludowej 26. The courses run from 9 am to 4:30 pm. Two breaks for coffee and snacks are scheduled during the day and at mid-day participants are offered sandwiches and yoghurts. D5 Fixed Income D6 Equity investments, Ethics Phase 4 D7 Portfolio management, Corporate finance D8 Derivatives, Alternative investments Phase 5 D9,10 Revision Schweser Live Mock Exam

6 Application form Please complete this form and return to or All information concerning the programme will be sent by to the address indicated. Name and Surname Job title Correspondence address (preferably company address) Tel. no: Address for invoicing incl. NIP I confirm my attendance in: q CFA Level 1 Training Programme preparation for the June 2018 Exam Choose module/day/whole course Schweser Live Mock Exam 2018 Level o Warszawa o Wroclaw CFA Society Poland Member o Yes o No o Yes, I give my consent for an electronic invoice to be sent to the address Terms and conditions of taking part in Ernst & Young spółka z ograniczoną odpowiedzialnością Academy of Business sp.k. course: In order to take part in the course, the above form must be filled out and sent via to: academyofbusiness@pl.ey.com. The payment must be settled at least 10 business days prior to the commencement of the studies. The payment should be settled through a bank transfer. Account details are as follows: HSBC Bank Polska, account number (PLN): Terms and conditions of cancelling participation in Ernst & Young spółka z ograniczoną odpowiedzialnością Academy of Business sp.k. course: It is possible to withdraw from the course upon receipt of a written resignation at least 7 days prior to the commencement of the course. If the deadline is missed, the participant must pay a part or the full fee of the studies - specified in the brochure. The cancelation of participation in the course does not result in refund of the payment. However, it is possible to replace the participant unable to attend. I agree that Ernst & Young spółka z ograniczoną odpowiedzialnością Academy of Business spółka komandytowa with the registered seat at 26, al. Armii Ludowej, in Warsaw (00-609): x processes the data provided in the above Application Form for the purpose of active participation in the postgraduate studies, according to the Act of 29 August 1997 on the Protection of Personal (Journal of Laws of 2016, item 922) as well as sends me by to the above given address, according to the Act of 18 July, 2002 on Providing Services by Electronic Means (Journal of Laws of 2016, item. 1030), information regarding this studies necessary to realize this studies. o processes the data provided in the above Registration form for purposes of sending commercial information and direct marketing. o sends me commercial information by to the above given address in accordance with the Act of 18 July, 2002 on Providing Services by Electronic Means (Journal of Laws of 2016, item. 1030). I am aware that I have the right to correct, amend, or update my data according to the Act of 29 August 1997 on the Protection of Personal (Journal of Laws of 2016, item 922). I hereby declare that I have read and I accept the terms and conditions of taking part and cancelling participation in the courses/events. The issues not covered by this Form shall be governed by the General Terms and Conditions of Providing Services. EY. Wszystkie prawa zastrzeżone Ernst & Young spółka z ograniczona odpowiedzialnością Academy of Business sp. k. al. Armii Ludowej Warszawa XII Wydział Gospodarczy Krajowego Rejestru Sądowego KRS: NIP Date and signature Company stamp