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Certification: CFA Level 2
Certification Full Name: Chartered Financial Analyst Level 2
Certification Provider: Test Prep
CFA Level 2 Certification Exam
CFA Level 2 Certification Info
Chartered Financial Analyst or CFA is the mark of a highly qualified professional that can help you in all areas when it comes to finances and investments. If you really want to make a mark and get the attention of investors, receiving a cfa certification is the way to do just that. When people see the acronym CFA beside your name, they will associate you with excellence because this is the symbol of a true professional.
To gain the respect you deserve as a money manager or an investment adviser you need take the cfa course to prove you are one of the best in the business. Everyone that does business with you will be relaxed and confident that you can handle the job you have been given. Your title proves that you have completed the highest training available making you a skilled professional that they can trust.
Why is the CFA Such an Important Title
The reason it is such a high honor to hold the title of CFA is because to earn this, you have to pass three very difficult tests. These are considered to be the most demanding test provided for any industry found anywhere in the world. You have to know your business and be one of the best to pass all three of these tests. If you receive the title CFA you definitely are the best when it comes to dealing with anything related to money.
Anyone holding the title CFA has earned the right to say they are the best because it is one of the most prestigious titles awarded in the industry. You must have advanced knowledge in all the areas listed below.
- Macro economic theory
- Micro economic theory
- Debt instruments
- Portfolio management
- Interest rates
This is just a few of the skills needed, there are many more. For example, you must have the ability to listen to a client's unique situation and be able to determine their individual needs and know exactly what to recommend for them. You can't afford to guess, you have to know and give the very best advice around.
Once you have completed you a CFA program you will have the ability to understand the time value of money, interest rates, economic forecasting and understand the risk involved with each action that you recommend.
Information CFA Level 2
If you are one of the few people that pass the first CFA level, then you need to get ready for level number 2. This means it is time for cfa test preparation to get really serious. You can find cfa study programs on the internet that can help you prepare for this test. This test is offered one time a year during June and the fees are subject to change. However, you can expect it to run you several hundred dollars. The layout of this test will follow the same as the first test. That is to say that your sessions are divided into two sessions that are both three hours long with the two hours for lunch dividing them up.
The format will be a little different with a lot of multiple choice questions based on short case studies. The requirements are the same and you will either be told that you passed or failed but will not receive a test score. You need the same calculator and the same rules will apply as with the first exam.
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