The objective of this course is to give the participants a very intensive preparation for the 2004 AIMR CFA® Level 2 examination. At this course, most weight will be given to Financial Statement Analysis (25-35% weighting at the 2004 exam) and Asset Valuation (35%-45%). However, Ethics, Quantitative Methods, Corporate Finance, Economics and Portfolio Management will also be covered. Asset Valuation includes debt and equity investments, derivatives investments (forwards, futures, options, and swaps) and structured securities. The final program will very closely reflect the 2004 curriculum. The 2004 Level II examination will consist of 50 percent essay/short answer questions or problems (morning session) and 50 percent item set/multiple choice (afternoon session). Therefore, a major objective of this crash course is to train the participants in both of these question formats. The course is designed as a number of fast-paced classroom presentations of app. 1-2 hours followed by multiple choice quizzes and short essay questions. Very useful practical guideline solutions will be provided to participants at the end of the course. Historical evidence confirms that this CFA Level 2 Crash Course significantly improves the chances of successfully passing the official examination. However, participation in this course will not by itself be sufficient preparation for the exam. It is expected that the participants have studied carefully the CFA® curriculum materials prior to this course!
