Confidential

Academy of Financial Training

Confidential

THE CFA PROGRAM

What?

Why?

How?

AFT Advantage

Confidential

THE CFA PROGRAM

What?

Why?

How?

AFT Advantage

Confidential

A professional certification / degree offered by the (formerly known as AIMR) to investment and financial professionals

Most recognized global designation for finance profession

Equips you with the practical and fundamental knowledge you need for a wide variety of career choices in the investment profession

A self-study curriculum with three levels of examinations

On successful completion of the program and meeting other professional requirements, the candidate is awarded a CFA charter and becomes a CFA charterholder

The CFA charter provides you with a strong foundation for a variety of career choices in the investment and finance profession, like portfolio management, equity research, advisory services, or investment banking, amongst others

What is the CFA Program

4

CFA PROGRAM

Confidential

Global Members and Candidates

5

CFA INSTITUTE

FY11 Global Members 107,800 Global Candidates 209,500

The Americas Members: 65,500+ Candidates:75,000+

Europe, Middle East & Africa Members:16,000+ Candidates: 44,000+

Asia Pacific Members: 14,000+ Candidates: 80,000+

More than 1/3rd members are outside North America

In FY11, almost 50% of new candidate registrations are from Asia-Pacific likely indicative of the future membership composition of the Institute

135 local member societies around the world

Confidential

THE CFA PROGRAM

What?

Why?

How?

AFT Advantage

Confidential

Global Acknowledgement to CFA Charter

7

Though the finance industry absorbs many with Masters degrees in Business Administration and finance degrees, the Chartered Financial Analyst qualification, pursued part-time by those already hired, has become the industrys benchmark.

Whereas there are tens of thousands of finance degrees available around the world, ranging from the excellent to the worthless, there is only one CFA explosive growth has made it, in effect, global currency.

The Chartered Financial Analyst (CFA) qualification is highly rated in financial circles around the world. In many countries it is essential for people working for financial institutions to obtain the license.

CFA PROGRAM

Confidential

Buy Side - 55% Investment Companies/Mutual Funds - 25% Private Client Wealth Manager Advisor - 11% Hedge Funds/Fund of Hedge Funds -6% Banks - 7% Insurance Companies - 4% Pensions and Foundations - 4% Private Client Wealth Manager/Advisor - 2%

Sell Side - 16% Investment Bank/ Broker Dealer - 16%

Other - 29% Consultancy Government/Regulator University/College Research Firm

Where CFAs Work

8

CFA PROGRAM

55%

16%

29%

Placement Pie Chart

Buy Side

Sell Side

Others

Source: CFA Institute

Confidential

CFA Speak

9

CFA PROGRAM

After five years in the industry as an analyst, I recognized the need to enhance my knowledge of the global investment management world. The CFA charter was my first step

When I started the CFA Program in 1998, I instantly loved the books.

The curriculum and body of knowledge are just incredible

As a lead portfolio manager at Morgan Stanley Investment Management in Mumbai, India, I am entrusted with pursuing and leading an independent investment strategy. Professionally, the charter has been important. Apart from the knowledge, it earns you respect and the standing required to command a certain level of access to the organizations you want to be part of

In the context of this global shift, the CFA charter has become one of the most important, sought-after designations in the Indian financial services industry. Its relevant and significant because the global financial services industry is integrating at a fast pace. The charter provides finance professionals with relevant knowledge and access, as well as an understanding of the dynamism of the global financial markets and how to function efficiently in them. And they also stay current with the new products, ideas, and forces changing the industry.

Jayesh Gandhi, CFA Portfolio Manager, Morgan Stanley, Mumbai

Confidential

Select Other Career Profiles for CFAs

10

CFA PROGRAM

An Investment Banker Typical Work Profile Equity Capital Market deals such as Initial Public Offerings (IPOs), Qualified Institutional

Placement (QIPs), Rights Issues, Open Offers, Delisting Advisory Deals such as Private Equity fund raising, Buy-side M&A advisory and Sell-side M&A

advisory The day-to-day work profile would include client meetings with senior management of

corporates, intensive business & financial analysis of sectors and corporates, preparing pitch presentations, financial modeling, preparing SEBI filing documents like DRHP, Offer Document, etc.

A Research Analyst Typical Work Profile Covering designated sector(s) Meeting professionals in the industry from industry associations (COAI, SIAM, etc.), regulatory

associations (TRAI, IRDA, etc.), sector corporates. Cover companies in the sector Write initiating coverage reports on sector / company(ies) Quarterly result updates on company(ies), Event updates on sector(s)/company(ies) Day-to-day work profile includes detailed financial statement analysis, understanding and

forecasting industry trends, tracking company(ies) closely

Confidential

THE CFA PROGRAM

What?

Why?

How?

AFT Advantage

Confidential

The CFA Program A series of three exams (offered in English only) Level I, Level II, and Level III

must be passed sequentially

CFA Exams

12

CFA PROGRAM

Enrollment Requirements Have a bachelor's (or equivalent) degree

or be in final year of bachelor's degree program at the time of registration or have four years of professional work experience (does not have to be

investment related) or have a combination of professional work and college experience that

totals at least four years. Part-time positions do not qualify If you initially enroll/register as a final year undergraduate student with a

degree in progress, you may not register for the Level II exam until you have earned your degree, or obtained professional work experience that meets the programs entrance requirements

Understand the professional conduct requirements (you will be asked to sign the Professional Conduct Statement and Candidate Responsibility Statement)

Valid international travel passport (required for enrollment and exam registration)

Confidential

Exam Format

13

CFA PROGRAM

2014 Exams were given at 269 test centers in 192 cities in 74+ countries worldwide Currently New Delhi, Mumbai and Bangalore, Pune , Kolkata are the centers in India Imp Note: CFA Program exams will be held on Saturday only

Level Question Style

# of Que

Exam Month / Duration

Remarks

I Multiple Choice

240 Jun & Dec /

6 hrs

Conceptual questions

II Item Set 120 Jun only /

6 hrs

Total 20 item sets 10 in each session. Each item set consists of a vignette (or case

statement) and six multiple choice questions

III Essay & Item Set

~60 Jun only /

6 hrs

Essay in morning and 10 item sets in afternoon. Essay exam typically has 1015

questions. The points for each question and each question part are given in the exam

Confidential

Understanding Topic Weightage

14

Important Note

High weightage given to Ethics and Professional Standards in all the Levels

Financial Reporting is very crucial in Level I and Level II

Equity Investments crucial for Level II

Portfolio Management is extremely crucial for clearing Level III

Topics Level I Level II Level III

Ethics and

Professional Standards 15 10 10

Quantitative

Techniques 12 5-10 0

Economics 10 5-10 0

Financial Reporting 20 15-25 0

Corporate Finance 8 5-15 0

Equity Investments 10 20-30 5-15

Fixed Income 12 5-15 10-20

Derivatives 5 5-15 5-15

Alternate Investments 3 5-15 5-15

Portfolio Mgmt. 5 5-15 45-55

Total 100 100 100

CFA PROGRAM

Confidential

Imp Deadlines: Dec 2014 1st Deadline: Aug 20, 2014 2nd Deadline: Sep 17, 2014 (Fees shall also increase by

USD 370, i.e.~Rs. 22,000)

Fees and Deadlines

15

CFA PROGRAM

Particulars USD INR*

Program Enrolment 440 ~26,000

Level-I Exam Registration 800 ~48,000

Level-II Exam Registration 800 ~48,000

Level-III Exam Registration 800 ~48,000

Total 2,880 ~170,000

2014 Exams were given at 266 test centers in 189 cities in 70+ countries worldwide Currently New Delhi, Mumbai, Pune, Ahmedabad & Bangalore are centers in India Imp Note: Beginning with the December 2012 exam, CFA Program exams will be

held on Saturday only

* Exchange Rate assumed at USD 1 = INR 60

Imp Deadlines: June 2015 1st Deadline: Sep 25, 2014 2nd Deadline: Feb 12, 2015 (Fees shall also increase by

USD 370, i.e.~Rs. 22,000)

Confidential

Requirements

1. Complete the CFA Program: Pass 3 six-hour examinations viz. Level I, II, and III exams (Level-I is held in June and December every year and Level-II and Level-III are held only in June every year)

2. Have four years of qualified investment work experience

3. Become a member of CFA Institute,

4. Pledge to adhere to the CFA Institute Code of Ethics and Standards of Professional Conduct,

5. Apply for membership to a local CFA member society,

Become a CFA Charterholder

16

CFA PROGRAM

Confidential

THE CFA PROGRAM

What?

Why?

How?

AFT Advantage

Confidential

Over 350 hours of teaching sessions and more than 80 hours of mock tests : 50 Sessions over 6 Months.

Revision classes - Past year paper discussion and revision of important topics.

More than 6000 questions solved in mock tests : Every Week with complete individual score and feedback.

Guest faculties (CFAs) to discuss their experiences : CFA Certified, professionals with significant experience in Top Investment Banks and educational background of CA/IIT/IIM's

Timely completion of syllabus one month before scheduled examination time, and one month only for mock examinations

Additional Online quizzes 2500 + questions, Online Forums and formation of study groups for better doubt solving

Proven training record in CFA for over 7 years

AFT Advantage

18

CFA PROGRAM

Confidential

Kirti Jain Kirti owner of a Chartered Accountants firm, is the Lead faculty for

AFTs CFA Training course.

He has previously worked with KPMG (B S R & Co.) for more than 4 years into Assurance & Audit and Corporate Finance Advisory services leading Audit and Finance advisory assignments for listed and as well as privately held companies in Pune.

Kirti is a Chartered Accountant and has cleared all three exam levels of the CFA Program in first attempt .

Ashutosh Zawar - (Rank Holder CA, x-Morgan Stanley, x-IDFC)

Sarang Bhide (PGDM Currently Equity Analyst at Crisil)

Ashish Jain (CFA level II candidate, BE, MBA, Currently working as a Debt Dealer)

Trainers Profile

19

CFA PROGRAM

Other Trainers / Advisors Deepak Aswani (CA, Morgan Stanley (MS), Axis)

Manish Harodia (IIM-K, HSBC)

Divyaunsh Divatia (MBA Babson School, CA Ranker, MS, ICICI Ventures)

Augustya Somani (ISB, CA, MS, Kotak Securities

. . . . and 25+ other professionals with similar solid credentials

Confidential

Ashutosh Prajapati He is a rank holder Chartered Accountant (All India 11th Rank in May 2005 CA Final

exams). He has also completed M.Com from MS University of Baroda. He is also CFA Level-III candidate. Ashutosh has over 6 years of experience in Investment Banking at Edelweiss

Financial Services Ltd and Morgan Stanley. His work experience at Edelweiss ranged from pitch presentations to senior

management of large corporates and financial modeling for execution of public market transactions and advisory deals.

Tejash Desai (Ahmedabad) Tejash has cleared all levels of CFA Exams and is awaiting charter post completion

of work experience He also holds an MBA from Nirma University (Ahmedabad) and B.E. (Mech.) from

Bharati Vidyapeeth College of Engineering, Pune He has over 7 years of experience at various leading corporates in the finance

industry such as Standard Chartered Bank, HSBC Bank and Kotak Securities He is also a part of AFTs CFA Training course

Trainers Profile (1/2)

20

CFA PROGRAM

Confidential

21

CFA PROGRAM

INDUSTRIAL TRAINING PROGRAMS Investment Banking

Equity research

Certified Financial Planning

Wealth management

Financial Engineering & Risk management

Chartered Financial Analyst CFA (US) Level I, II & III.

Financial Risk Management (FRM GARP Level I & II)

Technical Analysis

Capital Markets Mergers & Acquisitions, IPO & Private Equity

Real Estate Financing

Certified Public Accountant (CPA) US

Certified Market Technician CMT US

International Financial Reporting Standards-IFRS

Credit Research and Analysis

Excel and Advanced Excel

Confidential

Web: www.ftacademy.in Email: Info@ftacademy.in

www.facebook.com/ftacademy.in

| 316 , Akshar Complex, Opp. | Sita Tower, Near Shivranjani | Cross Road, Satellite |+91 77093 19341 |+91 91672 47825

| 1263 /1B , Laxmi Sadan , Opp. | Sai Service Station, JM Road |Deccan | +91 77093 19341 | 020 4131 5429

|210, Avon Arcade | D. |J. Road | Vile Parle (W) |+91 77093 19341 |+91 022 2612 1877

| 4 b, Basement, Grover | Chamber, karol bagh |+91 77093 19341 ||+91 91672 47825

AHMEDABAD PUNE

MUMBAI DELHI

| 4, Lal kothi Bajaj |Nagar, Jaipur |+91 77093 19341 |+91 91672 47825

JAIPUR

C O N TAC T U S :