CFA Level I - Derivatives

Course details

This module of CFA Level I Preparatory guide covers one of the most important part of CFA Level I Exam "Derivatives". This module has a weight-age of 5% in the Level I Exam and 5-15% in Level II and Level III exams of CFA. Some participants find it very easy and some of them find it really difficult. Taking all this in to account, after consulting several participants, edu CBA developed this amazing online course to cater the problems, simplified the course, made it easy different examples. You will have a great experience with this course.

Derivatives are financial instruments that are mainly used to protect against and manage risks, and very often, it also serve arbitrage or investment purposes, providing various advantages compared to securities. Derivatives come in many varieties and can be differentiated by how they are traded, the underlying they refer to, and the product type. There are a number of different assets that may serve as underlying assets for derivatives, for example stocks, stock indices, bonds, interest rates, exchange rates, commodities, other derivative instruments, and so on. Very often the change in the price of the underlying asset, say a share, affects the value of the derivative.

A practical, pragmatic approach is adopted throughout the course. This course will enable you to understand the nature of derivative market, market players who are involved in derivative market, risk involved, various types of derivative instruments and various terminologies associated with derivative market. We will also learn in excel the different option trading strategies that an investor can use to build up a portfolio. This willhelp him to identify and then mitigate the risk involved in the portfolio.

The CFA charter is an elite designation. It is considered the gold standard within the investment profession, and its typical candidates include fund managers, analysts, investment bankers, portfolio managers and traders. The designation is career-enhancing, well respected, credible, globally recognized and globally relevant.

The Level I exam is held twice a year, in June and December, at a number of test centers around the globe. At Level I, the exam consists of two 3-hour multiple choice papers, each containing 120 questions, which are both taken on the same day. The exams are administered by CFA Institute, the leading global association of investment professionals, who recommend candidates spend a minimum of 300 hours preparing for each Level.

To take the CFA Level I exam, register as a CFA candidate and for the exam at CFA Institute website. The enrolment fee is typically $400, and the exam fee around $700. Once registered, you receive the CFA Institute Level I curriculum books, the key study text for the Level I exam, and are included in your exam fee. Take the exam in either June or December.

The high point about the eduCBA's CFA ® program is its faculty, study material, finest quality, and practicality towards teaching. This CFA Level I Study Plan & Material is a step-by-step program with Videos and Study Materials designed to suit engineers, commerce graduates, MBAs as well as working professionals. Each session has key concept discussions, lecture notes, practice questions and exam specific tips and tricks.