2009

Enroll now for 2009 exam

preparation programs

Prepare to pass your

CFA exam with Stalla
®

Effective. Efficient. Proven.

We even offer a guarantee.
 Congratulations
It’s clear you’re serious about achieving your Chartered Financial
Analyst® (CFA®) designation. If you succeed, you’ll have earned the
most respected—and sought-after—credential in the global financial
community, and set yourself on the road to a rewarding career.

Success is not easy. In just the past few years, the number
of candidates enrolling to take the CFA exams has increased
significantly. Pass rates have not. Only 35 percent of candidates
who took the June 2008 Level I exam passed.

I can emphatically say that

without your program I would
not have passed the exam.
—Don Madrid

Failure?
CFA Institute says—and Stalla experience
confirms—that the primary reason
for such low pass rates is inadequate
preparation. It seems to us that most
students try to study on their own,
using a piecemeal approach consisting
of arbitrarily-selected books, notes,
and other disparate resources. Most
students also fail.
Or success?
Instead, take an approach that’s proven
effective in helping candidates pass the
exam. An approach that’s grounded in
the CFA Program curriculum and supple-
ments it with effective review resources.
An approach that makes the most efficient
use of your limited study time, delivers the
greatest return on your investment, and
backs up its promises with a guarantee.

Our advice: Avoid homemade approaches, That approach is Stalla.

shortcuts, and quick fixes. They only
waste your time and money.
Get maximum efficiency and effectiveness
from every minute you study for your exam.
Every element of the Stalla program has been specifically designed by
CFA® charterholders and subject matter experts to not only complement
the CFA Program curriculum, but also align directly with one of the
four essential elements of effective preparation: Understand. Apply.
Practice. Review.

The result? You progress seamlessly and efficiently through your

review program without overlaps in information or redundant effort.
Each step builds on the previous one, deepening your understanding,
sharpening your exam-taking skills, and building your confidence.

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Understand
Understand the theory and
concepts to broaden and
deepen your knowledge and
comprehension.
Stalla Study Guides
Designed to supplement the CFA®
Program curriculum and developed
by charterholders and subject matter
experts, Study Guides explain each
Learning Outcome Statement and clarify
complex financial theory in plain, easy-
to-grasp language. They also include
formula sheets, equations to commit to
memory, practice problems to enhance
comprehension and retention, and key
point summaries for focused learning.
Unlimited academic support
Got a question or concern? Our team of CFA charterholders and subject matter experts will
respond promptly and personally. Or, you can search our extensive online curriculum and
exam information warehouse anytime you choose.
Apply
Apply what you’ve learned to
problems and questions similar
to those you’ll find on the exam.
Expert-led Lectures
Stalla’s faculty make learning engaging.
Their lectures cover every CFA Program
curriculum study session, with a heavy
emphasis on practical, intuitive problem
solving. The result? A deeper under-
standing of the core concepts and how
to apply them on the exam. The accom-
panying Lecture Notes, which you can
annotate, serve as a key resource for
independent study and final review.
Practice
Practice your problem-solving and
test-taking skills to gain speed and
endurance for exam day.
PassMaster™
Our proprietary homework and drilling
software provides a constantly expanding
databank of thousands of exam-like ques-
tions with links back to explanations. Timed
problem-solving exercises and customized
exams give you virtually unlimited options
for real-time, test-taking practice.
Practice Exams
Three complete exams offer a vast collec-
tion of exam-like questions covering the
most current curriculum. Combined with
PassMaster, they help improve test-taking
efficiency and the speed at which you get
to the right answer.
Expert guidance
Experienced Stalla faculty members and subject matter experts offer their knowledge
and guidance on how to pass the exam through weekly e-mails that cover all aspects
of your preparation program.
Review
Review constantly to keep your
knowledge fresh, to identify
weaknesses, and to focus your
study time most efficiently.
Mock Exam and Review Seminar
Designed for the final few critical weeks
of study, this intensive seminar and final
core content review features a simulated
exam experience, expert feedback, and
exam-taking tips to help you approach
exam day with complete confidence.
Choose two-day live seminar or self-study
CD. The live seminar also includes the CD.
Flashcards
A convenient and effective way to review
and drill on every CFA Program Learning
Outcome Statement. Use flashcards
anytime, anywhere to improve the pace
at which you can answer questions.
Our learning strategy and
integrated approach set us
apart from all other exam
preparation providers.
Choose the course format that fits
your learning style and schedule.
Stalla offers our comprehensive programs—The System and The
Enhanced System courses—in formats specifically designed to fit
different learning styles and the most demanding schedules. All formats
include the same full array of course resources and Stalla advantages.

Live, instructor-led classes

With scheduled sessions and live
interaction with faculty and peers,
weekly classes offer highly personalized
guidance and stimulating discussions.
The lectures on CD are included at no
extra charge.

Online classes
This course option combines the conve-
nience of online study with the discipline
of regularly scheduled classes, guided
problem solving by a dedicated instruc-
tor, and lively interaction with peers.
Online courses include the lectures on
CD for offline study and review.

Self-study CD
Self-paced and totally portable with no
pre-set schedule, the self-study CD allows
maximum flexibility for when and where
you study. This media-rich, interactive
format creates an incredibly engaging
and effective learning experience.
Stalla is more than a course.
We’re your partner in achieving
your CFA charter.
®
Comprehensive course programs.
The proven approach.
Regardless of the course format you choose, you enjoy the same
combination of resources, guidance, and support—all focused on
helping you pass your exam.

The Enhanced System course The System course

The Enhanced System course includes This comprehensive course features
Stalla’s complete complement of time-tested a selected array of program elements,
resources and program benefits: along with unlimited support and
guidance, as well as our guarantee.
• Expert-led lectures
• Study Guides • Expert-led lectures
• PassMaster™ • Study Guides
• Practice Exams • PassMaster™
• Lecture Notes • Practice Exams
• Flashcards • Lecture Notes
• Mock Exam and Review Seminar • Expert guidance
• Expert guidance • Unlimited academic support
• Unlimited academic support • Tuition waiver guarantee*
• Tuition waiver guarantee*
Mock Exam and Review Seminar
Live in selected cities. Or choose self-study CD.
Stalla students have said that this final core content review and simulated exam
experience made the difference between success and failure on the exam. It could
do the same for you.

Both formats include the same number and type of questions as the actual CFA® exams
and feature all-new questions not found in any other Stalla resources. But there’s much
more than new questions. As part of the seminar, you’ll also:

• Get a real sense of the pressure,

feel, and rigor of the exam
• Receive expert feedback on how to approach
the most difficult exam questions
• Pinpoint your strengths and weaknesses
• Gauge your readiness against your peers
• Discover how to focus your study time where
it’s most needed
• Enjoy unlimited academic support through exam day

The Mock Exam and Review Seminar is included with The Enhanced System and is also
available for separate purchase (see below). Live seminar includes the self-study CD for
additional review at your convenience.

Individual program elements

Choose what works for you.
Stalla also makes the following resources
available for individual purchase:

A. Mock Exam and Review Seminar

Live or self-study CD available
A B
B. Study Guides

C. PassMaster™ and Practice Exams (set)

D. Flashcards

Purchasers of individual elements do not qualify

for Stalla’s Tuition Waiver Program. C D

* See complete eligibility requirements for the Tuition Waiver Program at Stalla.com/TuitionWaiver.
Our commitment. Your guarantee.
We’re so confident that the Stalla approach to preparation can help
you pass your exam that we offer all course program students an
unprecedented tuition waiver guarantee.

If you answer all of your PassMaster homework questions correctly

(on as many attempts as you need) and attend or view all of the Stalla
course lectures, you can repeat your entire course tuition-free if needed.
This includes all course materials, resources, and support, except for
updated Study Guides if the curriculum has changed.

We offer this winning proposition not just because we believe so

strongly in our approach, but more importantly, because we truly want
you to succeed.

Prepare to pass with Stalla. Start early. Finish strong.

Visit stalla.com today for a wealth of Visit Stalla.com or call
information and expert guidance on 877-727-7232 today.
how to design a CFA® exam preparation
Outside North America, call
program that meets all your needs.
+1-630-472-2213.
• Complete details on Stalla courses,
products, and special offers.
• CFA Program, enrollment, and exam
registration information.
• Free Stalla samples, online problem
solving, and planning resources.
• Special offerings through Stalla
partnerships worldwide.

Thank you for the Stalla program. It is an

invaluable tool for effective preparation.
—Mukund M.
Prepare to pass. See how at Stalla.com.
Free online problem-solving sessions, product samples,
planning tools, and more.
Solutions with Stalla
Free problem solving with insights and
exam tips from Stalla’s expert faculty.
Visit Stalla.com/Solutions
Stalla’s CFA® Exam PrepPlan
A complete compendium of free
information, guidance, and downloads
for planning your prep program.
Visit Stalla.com/PrepPlan
Complimentary resource samples
See how they work. Download free
samples of Stalla Study Guides,
PassMaster™ software, Lecture Notes,
and Flashcards. Visit Stalla.com/Samples
Free multimedia orientation
Learn from Stalla’s national faculty
how our integrated program resources
work together and how you can use
them to maximum advantage. Visit
Stalla.com/Student and click on New
Student Orientation.

Visit Stalla.com or call 877-727-7232 today.

Outside North America, call +1-630-472-2213.

Follows CFA Institute Prep Provider Guidelines.

Required Disclaimer: CFA Institute does not endorse, promote, or warrant the accuracy
or quality of the products or services offered by Stalla. CFA Institute, CFA® and Chartered
Financial Analyst® are trademarks owned by CFA Institute.
©2008 DeVry Becker Educational Development Corp. All rights reserved.
Stalla is a division of Becker Professional Review.

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