Is CFA worth taking?What are they looking at?(Advanced version)


As of October 2021, there were 175,000 CFA charter members in 137+ countries.CFA Institute released the total number of CFA holders in China in 2019.At that time, the number of CFA holders in Mainland China (excluding Hong Kong, Macao and Taiwan) was 6,115.At the end of 2017, the number was still 4,432, and in 2018, it was 5,725, indicating that the number of CFA holders has been growing.As the number of CFA candidates increases, there is still a shortage of financial talents.After all, Shanghai alone needs 300,000 professional financial investment talents, not to mention the demand of Beijing, Guangzhou, Shenzhen and other super first-tier cities.Especially in recent years, the number of college graduates has climbed to a new high, and the financial industry is crowded with high-quality talents.CFA charters are becoming increasingly sought after by the world’s top financial firms as a gateway to the industry and a second golden card for high salaries.The CFA curriculum: the CFA curriculum content is designed by special people, cover the knowledge necessary for the financial industry, including ethics and professional conduct, quantitative methods, economics, financial statement analysis, corporate issuers, equities, fixed income and derivatives, the alternative investment planning, investment portfolio management and wealth ten core knowledge areas.Today, Gordon is going to talk about the more advanced version of CFA, which focuses on the improvement and comprehensive application of financial knowledge.Part III: Asset categories including equity investment, fixed income, derivatives and alternative investment;1. Equity This course focuses on learning the characteristics of equity investing, securities markets and indices, explaining how to use basic equity valuation models to analyze industries, companies and equity securities, and understanding the importance of global equities to achieve long-term growth and diversification goals.2. Fixed Income This subject explains how to describe fixed income securities and their markets, yield measures, risk factors, and valuation measures and drivers.In addition, it also covers the calculation of yield, valuation of fixed income securities, asset securitization, basic principles of bond yield and risk, and basic principles of credit analysis.3. Derivatives This course builds a conceptual framework for understanding basic derivatives and derivatives markets, introduces the basic characteristics of forward commitments (e.g., forwards, futures, swaps, contingent claims) and valuation concepts, and finally studies arbitrage, a key concept that links the pricing of derivatives to the price of the underlying asset.4. Alternative Investments This subject explores alternative investments, including hedge funds, private equity, real estate, commodities and infrastructure, covering the use of alternative investments to achieve diversification and high returns.In addition, it also expounds the meanings of various alternative investments and their common characteristics.Part IV: Portfolio Management and Wealth Planning This course focuses on the basic knowledge of portfolio and risk management, including investment return and risk measurement, as well as portfolio planning and construction.It delves into the needs of individual and institutional investors and a range of possible investment solutions to identify minimum risk in the portfolio through capital asset pricing model.Article source: Gao Dun, if you need to quote or reprint please retain this information, did not join this copyright information, the pirates will be investigated for legal responsibility!

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