UNIVERSITY OF CONNECTICUT CFA ORIENTATION

SESSION
Safia B. Mehta, CFA
Chair University Relations and Investment Advocacy
CFA Society Stamford

Lizzie Ling, CFA
Chair Education
CFA Society Stamford, CT

Aubrey Foerster, CFA, CPA
Chair Corporate Outreach
CFA Society Stamford, CT

October 2nd, 2014

AGENDA

CFA Institute

The CFA Program

CFA Society Stamford
2
CFA Institute is the global association of investment
professionals that sets the standard for professional
excellence. We are a champion for ethical behavior in
investment markets and a respected source of knowledge in
the global financial community.

Our mission is to lead the investment profession globally by
promoting the highest standards of ethics, education, and
professional excellence for the ultimate benefit of society.

3
EDUCATION PROGRAMS
4
Claritas

Investment
Certificate
All professional
disciplines working in
financial services.
One exam
No experience required
CIPM

Program
Investment performance
and risk evaluation; risk
management; financial
planning; manager
search and selection;
investment analysis; and
client relations.
Two exams
Two years professional
experience
CFA

Program
Investment decision-
making and strategy;
portfolio and wealth
management;
institutional investing;
and investment analysis.
Three exams
Four years professional
experience
ADVOCACY INITIATIVES
We are focused on these key areas to advance ethics and trust in the
industry:

Promoting the integrity of global Capital Markets Policy with focus on
corporate governance, market structure, systemic risk, and regulation of the
investment profession

Advancing the adoption of Professional Standards such as the Global
Investment Performance Standards (GIPS), and recommending and upholding
the Standards of Practice

Improving Financial Reporting Policy including corporate reporting and
disclosure standards
5
THE FUTURE OF FINANCE
Global effort to shape a trustworthy, forward-thinking financial industry that better
serves society
6
CFA INSTITUTE FUTURE OF FINANCE PROJECT
7
Mission/Vision: To shape a trustworthy, forward-
thinking financial industry that better serves society
Objective: Provide the tools to motivate and
empower each actor in the financial ecosystem to
commit to fairness and integrity
Motivating Formula: Fairness + Integrity = Trust
8
FUTURE OF FINANCE TOPIC AREAS
9
THE CFA PROGRAM
CELEBRATING
50 YEARS
OF THE
CFA CHARTER
10
THE CFA CHARTER
If you are looking for a passport to the world of finance and
investing, earning the CFA charter could be the most
important move you make in your career.

- Held by over 110,000 investment professionals working in more than
130 countries
- Recognized by regulatory bodies in many countries as a proxy for
meeting certain licensing requirements
- 140 universities around the world incorporate the CFA curriculum into
their degree programs
11
WHAT IS THE CFA CHARTER?
Since 1963, the CFA (Chartered Financial Analyst)
Charter has been recognized as the top globally recognized
investment credential since 1963
Deemed the gold standard by industry leaders and employers
A designation held by over 90,000 investment professionals in
more than 135 countries
Top employers
- Regulators in 19 countries recognize the charter as a proxy for
certain licenses


If youre looking for a passport to the world of investment
and finance, earning the CFA charter could be the most
important move you make in your career.



12
THE CFA EQUATION
13
14
EXAM DETAILS
15
WHAT YOU LEARN AS A
CFA CHARTERHOLDER
Investment (equity and fixed income) analysis
Portfolio management
Wealth planning
Economic theory
Alternatives and derivatives
Performance measurement & evaluation
Risk management
Financial reporting & analysis
Quantitative methods

17
CFA EXAM TOPIC AREA WEIGHTS
18
Topic Area Level I Level II Level III
Ethical and Professional Standards 15 10 10
Investment Tools (total) 50 30-60 0
Corporate Finance 8 5-15 0
Economics* 10 5-10 0
Financial Reporting and Analysis 20 15-25 0
Quantitative Methods 12 5-10 0
Asset Classes (total) 30 35-75 35-45
Alternative Investments 3 5-15 5-15
Derivatives 5 5-15 5-15
Equity Investments 10 20-30 5-15
Fixed Income 12 5-15 10-20
Portfolio Management and Wealth Planning (total) 5 5-15 45-55
*Economics is part of Portfolio Management at Level III
19
CFA SOCIETY STAMFORD
CFA Society Stamford Student Membership Benefits
Who we are: Based in Stamford, we serve the Fairfield, CT and Westchester,
NY region. We are 600 members strong, representing all areas of the
investment industry. Our mission is to engage with our community to promote
ethical and superior investment analysis and decision making. We do this by
engagement with corporations, universities, etc.

Job networking opportunities Monthly Socials

Live Mock Exam Admission

Access to all society events at a discounted rate (Monthly programs are $5 or
$10. The Forecast Dinner has a separate membership rate that does not have
an additional student discount).

Mentor Program

Study groups for CFA Level I in December and all levels for the June
exam
Live mock exam for all levels and all dates of the exam
One day intensive review for the June level 1 exam
21
CFA Society Stamford Candidate Benefits
JUNE 2015 EXAM DATES (ALL LEVELS)
July 2014 June 2015 exam registration opens
24 September 2014 First fee schedule deadline for the June 2015 exam
January 2015 Mock exams become available
2 February 2015 Awareness scholarship application deadline
18 February 2015 Second fee schedule deadline for June 2015 exam
18 March 2015 Final fee schedule deadline to register for June 2015 exam
Late March 2015

Final deadline for disability and religious alternate date
accommodation requests to be received by CFA Institute
20 April 2015 Test center change request deadline
Early May 2015 Exam admission tickets become available
6 June 2015 Exam day
JuneJuly 2015 Exams graded
Late July 2015 Level I and II exam results available
Source: www.cfainstitute.org
FEE SCHEDULE
Deadlines:
24 September
2014
11:59 p.m. ET
18 February 2015
11:59 p.m. ET
18 March 2015
11:59 p.m. ET
First-time
Enrollment Fee:

US$450

US$450

US$450

Exam Fee:

US$630

US$825

US$1,210

Source: www.cfainstitute.org
JUNE 2014 PASS RATES
Level 1 42%
Level 2 46%
Level 3 54%
Source: www.cfainstitute.org
SCHOLARSHIPS
Access Scholarships Awarded to candidates on a needs basis. The deadline
for 2015 exams has passed. The scholarship covers the enrollment fee and
offers the exam at a discount of $250.

Awareness Scholarships Awarded by the University on behalf of CFAI. The
application deadline is February 2
nd
, 2015. The scholarship covers the
enrollment fee and offers the exam at a discount of $250.
PREPARING FOR THE EXAM
Most candidates should plan to spend approximately 6
months studying for each level.

Total study time should be about 300 hours per level.

You may want to use a prep course, such as Kaplan
Schweser, NYSSA, or Analyst Success. Please email
education@stamfordcfa.org for discount codes for Kaplan
and Analyst Success.



MORE INFORMATION
To find out more about the CFA Charter, please
visit www.cfainstitute.org/cfaprogram.
To learn more about CFA Society Stamford
(CFASS), please visit www.stamfordcfa.org.

28