CFA Level I Exam Companion
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Home > Business and Economics Books > Finance and accounting > Finance and the finance industry > CFA Level I Exam Companion: The 7city / Wiley Study Guide to Getting the Most Out of the CFA Institute Curriculum
CFA Level I Exam Companion: The 7city / Wiley Study Guide to Getting the Most Out of the CFA Institute Curriculum

CFA Level I Exam Companion: The 7city / Wiley Study Guide to Getting the Most Out of the CFA Institute Curriculum


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About the Book

Providing exam focus and knowledge application makes the CFA Level I Exam Companion the most effective study guide on the market. With a foreword and introductions to the topics by one of the foremost global authorities on the CFA Program, Pamela Drake, Wiley and 7city offer an invaluable self-study guide to passing one of the most sought-after designations in the finance industry. The CFA Level I Exam Companion assists candidates to navigate through the wealth of CFA Level I content, prioritizing key areas of the official CFA texts. The Exam Companion has been written by 7city’s experienced CFA instructor faculty, who know what it takes to pass. This important supplement provides: Exam focus and guidance from 7city CFA instructors Exam style questions and worked examples demonstrating key concepts Identification of critical Learning Outcome Statements Direct references to the CFA Institute curriculum Both the print and the e-book form part of the Exam Companion study suite that includes: CFA Level I: Study Session Apps by 7city and Wiley (iOS, Android) CFA Level I: Are You Ready? App by 7city and Wiley (iOS, Android) 7city CFA Course and Online Study Options There is no substitute for genuine experience. With a reputation for enthusiasm, professionalism and innovation, 7city Learning prepares more than 3,000 people a year globally for the CFA exams. With a comprehensive online portal, exam prep tablet, virtual or live classroom sessions, question banks and extensive study materials; 7city make sure you have everything you need to best prepare yourself for the CFA Level I Exam.

Table of Contents:
Foreword by Pamela Peterson Drake, PhD, CFA vii How to Use the Exam Companion ix Study Session 1 Ethics and Professional Standards 1 Reading 1 Code of Ethics and Standards of Professional Conduct 3 Reading 2 Guidance for Standards I–VII 6 Reading 3 Introduction to the Global Investment Performance Standards (GIPS) 8 Reading 4 Global Investment Performance Standards (GIPS) 11 Study Session 2 Quantitative Methods: Basic Concepts 13 Reading 5 The Time Value of Money 15 Reading 6 Discounted Cash Flow Applications 19 Reading 7 Statistical Concepts and Market Returns 22 Reading 8 Probability Concepts 26 Study Session 3 Quantitative Methods: Application 31 Reading 9 Common Probability Distributions 33 Reading 10 Sampling and Estimation 37 Reading 11 Hypothesis Testing 40 Reading 12 Technical Analysis 45 Study Session 4 Economics: Microeconomic Analysis 49 Reading 13 Demand and Supply Analysis: Introduction 51 Reading 14 Demand and Supply Analysis: Consumer Demand 56 Reading 15 Demand and Supply Analysis: The Firm 58 Reading 16 The Firm and Market Structures 62 Study Session 5 Economics: Macroeconomic Analysis 67 Reading 17 Aggregate Output, Prices, and Economic Growth 69 Reading 18 Understanding Business Cycles 74 Reading 19 Monetary and Fiscal Policy 78 Study Session 6 Economics: Economics in a Global Context 83 Reading 20 International Trade and Capital Flows 85 Reading 21 Currency Exchange Rates 88 Study Session 7 Financial Reporting and Analysis: An Introduction 91 Reading 22 Financial Statement Analysis: An Introduction 95 Reading 23 Financial Reporting Mechanics 98 Reading 24 Financial Reporting Standards 103 Study Session 8 Financial Reporting and Analysis: Income Statements, Balance Sheets, and Cash Flow Statements 107 Reading 25 Understanding Income Statements 109 Reading 26 Understanding Balance Sheets 114 Reading 27 Understanding Cash Flow Statements 118 Reading 28 Financial Analysis Techniques 124 Study Session 9 Financial Reporting and Analysis: Inventories, Long-lived Assets, Income Taxes, and Non-current Liabilities 129 Reading 29 Inventories 131 Reading 30 Long-lived Assets 135 Reading 31 Income Taxes 140 Reading 32 Non-current (Long-term) Liabilities 144 Study Session 10 Financial Reporting and Analysis: Evaluating Financial Reporting Quality and Other Applications 151 Reading 33 Financial Reporting Quality: Red Flags and Accounting Warning Signs 153 Reading 34 Accounting Shenanigans on the Cash Flow Statement 155 Reading 35 Financial Statement Analysis: Applications 156 Study Session 11 Corporate Finance 159 Reading 36 Capital Budgeting 161 Reading 37 Cost of Capital 165 Reading 38 Measures of Leverage 170 Reading 39 Dividends and Share Repurchases: Basics 172 Reading 40 Working Capital Management 175 Reading 41 The Corporate Governance of Listed Companies: A Manual for Investors 180 Study Session 12 Portfolio Management 183 Reading 42 Portfolio Management: An Overview 185 Reading 43 Portfolio Risk and Return: Part I 187 Reading 44 Portfolio Risk and Return: Part II 192 Reading 45 Basics of Portfolio Planning and Construction 196 Study Session 13 Equity: Market Organization, Market Indices, and Market Efficiency 199 Reading 46 Market Organization and Structure 201 Reading 47 Security Market Indices 206 Reading 48 Market Efficiency 209 Study Session 14 Equity Analysis and Valuation 213 Reading 49 Overview of Equity Securities 215 Reading 50 Introduction to Industry and Company Analysis 218 Reading 51 Equity Valuation: Concepts and Basic Tools 221 Study Session 15 Fixed Income: Basic Concepts 225 Reading 52 Features of Debt Securities 227 Reading 53 Risks Associated with Investing in Bonds 231 Reading 54 Overview of Bond Sectors and Instruments 236 Reading 55 Understanding Yield Spreads 241 Study Session 16 Fixed Income Analysis and Valuation 245 Reading 56 Introduction to the Valuation of Debt Securities 247 Reading 57 Yield Measures, Spot Rates, and Forward Rates 252 Reading 58 Introduction to the Measurement of Interest Rate Risk 257 Reading 59 Fundamentals of Credit Analysis 262 Study Session 17 Derivatives 265 Reading 60 Derivative Markets and Instruments 267 Reading 61 Forward Markets and Contracts 270 Reading 62 Futures Markets and Contracts 274 Reading 63 Option Markets and Contracts 278 Reading 64 Swap Markets and Contracts 284 Reading 65 Risk Management Applications of Option Strategies 287 Study Session 18 Alternative Investments 289 Reading 66 Introduction to Alternative Investments 291 Reading 67 Investing in Commodities 294 Answers to Sample Questions 297 Index 317

About the Author :
7City is a financial training company based in centres in London, New York, Singapore and Dubai. 7City have provided training for more than 325 companies, from global financial institutions to small boutique research companies. Almost 4 million email-a-day questions have been answered and 7City have run more than 2,800 courses for clients either as part of an in-house programme or through their public calendar of courses. 7City's growth has been recognized by the Sunday Times Virgin Atlantic Fast Track for four years in a row from 2005 - 2008, and they have won awards for their innovative approach to training.


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Product Details
  • ISBN-13: 9781118560310
  • Publisher: John Wiley & Sons Inc
  • Publisher Imprint: John Wiley & Sons Inc
  • Language: English
  • Sub Title: The 7city / Wiley Study Guide to Getting the Most Out of the CFA Institute Curriculum
  • ISBN-10: 1118560310
  • Publisher Date: 30 Nov 2012
  • Binding: Digital (delivered electronically)
  • No of Pages: 336


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CFA Level I Exam Companion: The 7city / Wiley Study Guide to Getting the Most Out of the CFA Institute Curriculum
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