THE CFA CHARTER Candidate Level 1 December 2014 September 22 nd , - PowerPoint PPT Presentation

THE CFA CHARTER Candidate Level 1 – December 2014 September 22 nd , 2014

WELCOME • CFA Society France • Good Start ? • Your questions? • Q&A CFA Society France 2

CFA SOCIETY FRANCE  CFA Society France est au service de ses membres et futurs-membres CFA Society France est au service de ses membres, détenteurs de la certification CFA, et des candidats au programme CFA depuis 1998. Les missions de CFA Society France sont de contribuer au développement professionnel de ses membres par le biais d'un programme de conférences et de formations, d’animer la communauté de ses membres afin de leur permettre d’en exploiter toutes les ressources, ainsi que de développer les relations avec les acteurs de la place financière et de promouvoir les normes professionnelles et déontologiques de CFA Institute. Nous sommes tous volontaires. CFA Society France 3

879 registered candidates for December 2014 in Paris CFA SOCIETY FRANCE CFA Society France 4

Nos activités CFA Society France

You can become a member • Candidate members benefit from : – Free entrance to all CFA France Society events – Free entrance to Member events in selected EMEA CFA societies with the Passport Program – Reduced fees for CFA Workshops (50% off) – Reduced fees for Mock Exams (50% off) – Membership cost is € 75 from June to June. – Information on our website, www.cfafrance.org CFA Society France

We support your preparation • CFA Society France www.cfafrance.org • Specific events: Date Event Location October 11th CFA Workshops with Prep. Dauphine Providers November 20th Last Tips/Kick Off BNP IP November 22nd Mock Exam Dauphine December 6th CFA Institute Exam • Send any question regarding the exam except registration at candidates@cfafrance.org • Follow us on twitter: @CFAFrance • Join LinkedIn Groups CFA Society France

GOOD START? A CFA Society France

Don’t stop studying! How to get organised CFA Society France

1. Begin with the end in mind CFA Society France

EXAM DETAILS Date December 6th with approved calculator + valid Passport + exam ticket Time 6 hours Number ber of questi tions ons 240 Passing ing score re Varies annually Passing ing rate As of December 2013, 37% Forma mat Multiple Choice Prerequis erequisit ites es Bachelor’s degree or equivalent Study dy Session on 18 Study Sessions approx. 300h of study Exam m Result lts Usually provided within 60 days Offic icia ial Exam m Website ite cfainstitute.org CFA Society France 11

2. Adopt the tools CFA Society France

CALCULATOR • Buy your calculator : - Texas Instruments BA II Plus (incl. professionnal) - Hewlett Packard 12C (incl. platinum) - If you hesitate, we recommend TI BA II Plus • Get very familiar with your calculator quickly - Calculation speed is an asset on the exam day CFA Society France

REGISTRATION AND BOOKS • Register on www.cfainstitute.org - Double check you have a candidate number and password by logging in after registration • Books - CFA Institute assigned readings: 6 thick books - Candidate bulletin : Erratum - Supplemental readings/summaries by “prep providers” – a useful complement but not a requirement CFA Society France

3. Build your learning schedule CFA Society France

SOME FIGURES TO GUIDE YOU • Build your own learning schedule - Start working 30 weeks before 8th December 2014 - That ’s May 10th (210 days) - 18 sessions, 100 pages each, and 250/300 hours MINIMUM to master them - 12 hours each week on average - Start learning as soon as you receive your books - One Study Session per 10 day period - Last 3 weeks dedicated to revision CFA Society France

HOW TO STICK TO YOUR SCHEDULE • Keep your calendar as clear as possible. Do NOT make any additional commitments • Make Studying a Priority - Consider it as a part time job • Try to study at least a little every day - Take the Eurostar if you go to London - Book a meeting room with other candidates once or twice a week - Join a study group - Find all support you can to ease the burden. CFA Society France

4. Guidelines and extra tools CFA Society France

KEY FIGURES TO KEEP IN MIND • 500+ LOS which tell you what you need to learn from the curriculum • 300 hours of preparation on average • 75 days remaining until the exam to practice, practice, practice CFA Society France 19

JOIN OR START A STUDY GROUP! • Study groups – a great way to meet other candidates and motivate each other! • Meet regularly, review part of the program, help each other • Go to CFA France Candidates group on www.linkedin.com • Contact other candidates and start working! CFA Society France

LAST WEEKS BEFORE THE EXAM 1. Register for online mock and sample exams - CFA Institute website - Check your score 2. Register for the CFA France mock exam at Paris Dauphine organized in real exam conditions on 22 nd November - 3. Download your entry ticket early. Make sure you know where the exam centre is located and how to get there. 4. Check CFA Institute website for test centre regulations 5. Make sure your passport is valid and that the details are EXACTLY the same as those on your exam ticket 6. Go to the CFA France Last Tips meeting! CFA Society France

NEVER FORGET … …To take it seriously - There is a reason that the pass rates are relatively low - The exams at all levels are difficult …That Ethics is important - If your exam is borderline, your Ethics score will determine whether you pass or fail. …To keep in your bag for the next 3 years - The official calculator - The Code of Ethics - A book to study CFA Society France

Your questions! CFA Society France

KEEP IN TOUCH! CFA Society France 24

Thank you to our sponsors: CFA Society France 25

BECOME A CFA CHARTERHOLDER • www.cfainstitute.org/cfaprogram 26 CFA Society France