INTRODUCTION
CFA Program gives an insight in corporate finance,
investment management and financial services. The
Program is divided into three levels. Preliminary;
inter and final level. It is recognized as a
Postgraduate Diploma in Financial Analysis by AICTE.
It is a self-study programme and the Institute
supplies study material to the enrolled students.
There are also courses like Diploma in Basic Finance (DBF) and Merchant Banking and Financial Services (MBFS).
COURSES
Regular CFA Program, Duration Graduates in any discipline. Students appearing for final year examinations are also eligible.
Accelerated CFA Program, First Class Graduates, Postgraduates, Working Executives and Professionals like CA/CWA/CS/MBA/CAIIB.
CFA Foundation Course: Degree college students interested in pursuing professional certification program such as CFA Program.
ELIGIBILITY
Degree and Engineering college students (any discipline). The candidates who are successful in the admission test and those who are exempted from passing the admission test are enrolled for the Programme. A student is allowed a maximum period of three years to complete the
preliminary level of the programme and a maximum period of seven years to complete the
entire programme.
EXEMPTION
The MBAs, Post Graduate Diploma Holders in
Management, CAs, CWAs, CSs, CAIIBs, First class
graduates/post- graduates and senior executives
with ten years of service in the public sector or the
private sector can seek exemption from the
admission test.
ADMISSION TEST
The admission to both the programs is through a basic test. The admission test aims at testing the
aptitude of the candidates for professional studies
in financial analysis. Hence the quantitative
reasoning ability of the candidate is tested. The
admission test is held four times in a year in the
months of January, April, July and October.
OTHER PROGRAMES
CPA Program (The Certified Public Accountant Program)
C-RIM Program (The Certified Risk & Insurance Manager Program)
The CTM Program (The Certified Treasury Manager Program)
The CIB Program (The Certified Investment Banker Program)
The CPM Program (The Certified Portfolio Manager Program) (International CIIA Qualification from ACIIA, London)
Global Strategic Management (GSM) Program
SKILLS REQUIRED FOR CHARTERED FINANCIAL ANALYSIS
You'll need to show:
general business interest and awareness
self-motivation and commitment, in order to combine study while working
communication and interpersonal skills
organisational and time management skills
a methodical approach
IT proficiency
strong analytical and problem-solving skills
numeracy
leadership qualities and effective teamworking skills
motivation and initiative
integrity and trustworthiness.
DUTIES AND RESPONSIBILITIES FOR CHARTERED FINANCIAL ANALYSIS
As a chartered accountant, you'll need to:
manage financial systems and budgets
undertake financial audits (an independent check of an organisation's financial position)
provide financial advice
liaise with clients (individuals or businesses) and provide financial information and advice
review the company's systems and analyse risk
perform tests to check financial information and systems
advise clients on tax planning (within current legislation to enable them to minimise their tax liability) and tax issues associated with activities such as business acquisitions and mergers
maintain accounting records and prepare accounts and management information for small businesses (accountancy)
advise clients on business transactions, such as mergers and acquisitions (corporate finance)
counsel clients on areas of business improvement, or dealing with insolvency
detect and prevent fraud (forensic accounting)
manage junior colleagues
liaise with internal and external auditors (where applicable) and deal with any financial irregularities as they arise
produce reports and recommendations following internal audits or public sector audits
prepare financial statements, including monthly and annual accounts
arrange financial management reports, including financial planning and forecasting
advise on tax and treasury issues
negotiate terms with suppliers