ABOUT CFA®

The Chartered Financial Analyst Program or CFA Program is a graduate-level self-study program that combines a broad-based curriculum of investment principles with professional conduct requirements. It is designed to prepare you for a wide range of investment specialties that apply in every market all over the world.

To earn a CFA charter (or CFA certification), you study for three exams (Levels I, II, III or referred as CFA Level 1, CFA Level 2 and CFA Level 3) using an assigned curriculum. If you pass all three exams and meet the professional and ethical requirements, you can become a regular member of CFA Institute, or 'charterholder'. In other words you would clear Chartered Financial Analyst certification.

You can take as long as you need to complete the program, and there is no limit to the number of times you can take each exam. The curriculum changes each year to reflect the dynamic nature and complexity of the global investment profession.

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Our Footprints

ItsCONCEPTS is one of the most revered financial coaching institutes, providing CFA coaching in Mumbai, Our CFA classes are known for focusing on conceptual clarity and helping non-commerce and commerce students alike in understanding the fundamentals of finance. This has led us to become one of the most famous Chartered Financial Analyst (CFA) training classes in Mumbai.

In addition to providing training, we also provide opportunity to students to take mock tests online. In our Chartered Financial Analyst Online Test module, we have incorporated two types of mock tests. 1. Subject specific and 2, Full length tests. Results of these CFA online mock tests, which can also be taken on paper at our institute (depending upon convenience of students), are discussed in detail at the institute where all doubts are also cleared.

We also provide rapid revision sessions under the course name ‘CFA rapid revision’ & ‘CFA crash course’, which are 2 full day classes usually preferred by students who are not able to take full course because of time constraints.

Lecture deliveries in the CFA classes are structured to make classes interactive and allow students to take class notes which become key components of CFA study material. These notes help in logical connection of CFA concepts and fundamentals and bring out key formulae which help students in retaining the concepts and formulas.

So our CFA study module provides candidates with an opportunity to attend full length course, which includes revision and mock test batch or customize the study by choosing for only CFA Mock Test batch or CFA revision batch.

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CFA® Level 1

The CFA Level 1 is the first step of the Chartered Financial Analyst Course; this study program emphasizes tools and inputs, and includes an introduction to asset valuation, financial reporting and analysis, and portfolio management techniques.

The CFA Level 1 exams include 240 total multiple choice questions, 120 on the morning session of the exam and 120 on the afternoon session. Each multiple choice question is free-standing (not dependent on other questions) and has three possible answers: A, B, and C. All questions are equally weighted and there is no penalty for guessing.

Please note total course fees is INR 15,000 (inclusive of revision session and test batch). Fees mentioned in the table below is applicable if training is taken only for a particular subject and not for total course

Topic Areas	Exam Weight	Class Room Hours	Week-end Sessions (3 hrs each)	Week-Day and Daily Sessions (2 hrs each)	Charges for individual subjects (in INR)
Ethical and Professional Standards	15%	6	2	3	3,000
Quantitative Methods	12%	14	5	7	2,400
Economics	10%	14	5	7	2,000
Financial Reporting and Analysis	20%	18	6	9	4,000
Corporate Finance	8%	4	1	2	1,600
Portfolio Management and Wealth Planning	5%	6	2	3	1,000
Equity Investments	10%	8	3	4	2,000
Fixed Income	12%	10	3	5	2,400
Derivatives	5%	8	3	4	1,000
Alternative Investments	3%	3	1	2	600
Problem Solving/Doubt Clearing Sessions/ Full Revision		10	3	5
2 Mid Term Tests (3 hr each)		6	2	2
2 Full Length Tests (6 hr each)		12	4	4
Total		119	40	57

CFA® Level 2

The CFA Level 2 is the second stage of Chartered Financial Analyst study program; it emphasizes on asset valuation, and includes applications of the tools and inputs (including economics, financial reporting and analysis, and quantitative methods) in asset valuation.

The Level 2 CFA exam consists of 20 item sets - 10 on the morning session of the exam and 10 on the afternoon session. Item sets are sometimes called 'mini-cases'. Each item set on the CFA exam consists of a vignette (or case statement) and six multiple choice items (questions). Each multiple choice question is free-standing (not dependent on other questions) and has three possible answers: A, B, and C. All questions are equally weighted and there is no penalty for guessing.

Please note total course fees is INR 17,000 (inclusive of revision session and test batch). Fees mentioned in the table below is applicable if training is taken only for a particular subject and not for total course

Topic Areas	Exam Weight	Class Room Hours	Week-end Sessions (3 hrs each)	Week-Day and Daily Sessions (2 hrs each)	Charges for individual subjects (in INR)
Ethical and Professional Standards	10%	6	2	3	2,400
Quantitative Methods	5%-10%	6	2	3	1,800
Economics	5%-10%	8	3	4	1,800
Financial Reporting and Analysis	15%-25%	12	4	6	4,000
Corporate Finance	5%-15%	12	4	6	1,800
Equity Investments	20%-30%	20	7	10	5,000
Alternative Investments	5%-15%	10	3	5	1,800
Fixed Income	5%-15%	8	3	4	1,800
Derivatives	5%-15%	4	1	2	1,800
Portfolio Management and Wealth Planning	5%-15%	6	2	3	1,800
Problem Solving/Doubt Clearing Sessions/ Full Revision		12	4	6
2 Mid Term Tests (3 hr each)		6	2	2
2 Full Length Tests (6 hr each)		12	2	2
Total		122	39	56

CFA® Level 3

The CFA Level 3 is the third and final stage to clear Chartered Financial Analyst exam. It emphasizes on portfolio management, and includes strategies for applying the tools, inputs, and asset valuation models in managing equity, fixed income, and derivative investments for individuals and institutions.

The CFA Level 3 exam uses the essay format in the morning, and the item set format, with 10 item sets, in the afternoon. The Level III essay exam is given in the morning session and has a maximum score of 180 points. The essay exam typically has 10-15 questions, and questions may have multiple parts. The points for each question and each question part are given in the exam.

Topic Areas	Class Room Hours	Week-end Sessions (3 hrs each)	Week-Day and Daily Sessions (2 hrs each)
Ethics/ Professional Standards	4	1	2
Behavioral Finance	5	2	2
Private Wealth Management	5	2	2
Portfolio Management for Institutional Investors	12	4	6
Capital Market Expectations & Economics	10	3	5
Asset Allocation	4	1	2
Portfolio Management - Fixed Income	10	3	5
Portfolio Management - Equity	10	3	5
Alternative Assets	4	1	2
Risk Management - Derivatives	8	2	4
Executing Portfolio Decisions	4	1	2
Performance Evaluation and GIPS	4	1	2
Problem Solving/Doubt Clearing Sessions/ Full Revision	12	4	6
Portfolio Management for Institutional Investors	6	2	2
2 Full Length Tests (6 hr each)	12	2	2
Total	110	33	49