Programme du CFA
I. Ethical and Professional Standards
• Professional standards of practice
• Ethical practices
II. Quantitative Methods
• Time value of money
• Probability
• Probability distributions and descriptive statistics
• Sampling and estimation
• Hypothesis testing
• Correlation analysis and regression
III. Economics
• Market forces of supply and demand
• The monetary system
• Inflation
• Currency exchange rates
IV. 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
V. Corporate Finance
• Dividend policy
• Capital investment decisions
• Business and financial risk
• Long-term financial policy
• Short-term financial policy
VI. 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
VII. 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
VIII. Derivatives
• Forward markets and instruments
• Futures markets and instruments
• Options markets and instruments
• Swaps markets and Instruments
IX. Alternative Investments
• Real estate
• Private equity/venture capital
• Hedge funds
• Closely-held companies and inactively traded securities
• Distressed securities/bankruptcies
• Commodities
X. Portfolio Management and Wealth Planning
• Portfolio concepts
• Management of individual/family investor portfolios
• Tax efficiency
• Asset allocation (including currency overlay)
• Portfolio construction and revision
• Performance evaluation
Téléchargez le dossier de Candidature CFA pour les étudiants du Pôle ESG
Téléchargez le dossier de Candidature CFA pour les personnes extérieures
Téléchargez le programme
Inscrivez-vous aux tests
