CFA LEVEL I 2018 - 19

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CFA Review Course12th Series of CFA Level I - Review Course10 November 2018 – 1 June 2019Exam Focus: June 2019The Chartered Financial Analyst (CFA ) Program is a graduate-level program that provides astrong foundation of the skills and knowledge needed to succeed in today’s competitive worldof investing and finance. It combines a broad-based curriculum of investment principles withprofessional conduct requirements. It is administered by CFA Institute (www.cfainstitute.org),the global not-for-profit organization of investment professionals.Global RecognitionWith a six-decade history of maintaining a rigorous focus on globally relevant investmentknowledge, the CFA Program is the most widely known and respected investment credentialin the world. It is recognized by the global investment community as the highest educationaland professional excellence standard.Career AdvantageEmployers recognize the CFA charter as the definitive standard of competence, integrity,and dedication of investment professionals. The CFA Program stands out at every stage ofyour career and equips you with the practical and fundamental knowledge you need for theinvestment profession. There is no better way to demonstrate your commitment and yourability to perform at a high level in the investment profession than by enrolling in andcompleting the CFA Program.Practical SkillsThe CFA Program curriculum focuses on the practical knowledge and current skills necessaryin the global investment management profession. These skills can be immediately applied onthe job and evolve each year to include new tools, ideas, frontier concepts, and lessons toreflect the dynamic and complex nature of the global investment profession.CommunityEarning the CFA charter places you in the company of an elite group of nearly 110,000respected investment professionals. Access to their collective expertise, networks, andresources is an invaluable asset.CFA Society Greecehttp://www.cfa.grHellenic Banking Institutehttp://www.hba.gr/eti/

Hellenic Capital Market Commission & Bank of GreeceThe Hellenic Capital Market Commission and the Bank of Greece - regulators of investmentservices in Greece - recognize that CFA Charter holders are entitled to the highest certificateof “Securities & Market Analyst” (certificate level “δ”), without having to sit for theexaminations whose curriculum is covered by the CFA Program.1The CFA ProgramThe CFA program requires candidates to study for and pass three levels (I, II & III) ofexams and meet other requirements, such as, 4 years of relevant work experience in order toearn a CFA Charter. Each level of the CFA program requires a minimum of 300 hours ofpersonal study, although time will vary based on familiarity with the material. To name a fewof those who pursue the CFA Charter: Financial analysts, Securities & Investment managers,Securities & Derivatives traders, Portfolio managers, Financial planners, Relationship officers,Risk managers, Chief Financial Officers of corporations.CFA Program Entrance RequirementsYou must have a bachelor's (or equivalent) degree or be in the final year of your bachelor'sdegree program at the time of registration or have four years of qualified, professional workexperience. You must be prepared to take the exams in English and understand theprofessional conduct requirements. You must have a valid international travel passportrequired for enrollment and exam registration. On exam day, passport number, expirationdate, and personal details on your passport must match the information you provided to CFAInstitute upon registration.CFA Society Greece & Hellenic Banking Institute CFA Review CourseThe CFA Society Greece, in partnership with the Hellenic Banking Institute of the HellenicBank Association, offers a CFA Review Course for level I of the CFA Study and ExaminationProgram. This Review Course provides candidates with a structured, classroom-basedapproach to preparing for the exam. It is designed to assist candidates in mastering theCandidate Body of Knowledge TM (CBOK TM) that is attached.Structured Classroom-based instructionWeekly classes provide structure for a disciplined pace of preparation. The focus is on thecomprehension of the assigned materials in the Study Guides with an emphasis on theLearning Outcome Statements (LOS). Total class duration amounts to approximately 90hours, as turday10, 17,8, 15,5, 12,2, 9, 232, 16,23, 30204, 11,18, 251 Saturday classes start at 09:00 a.m. and last for 6 hours in approximation.1CFA Charter holders are exempted from all modules except from the "Capital market regulatoryframework".CFA Society Greecehttp://www.cfa.grHellenic Banking Institutehttp://www.hba.gr/eti/

Supplementary Study Materials IncludedAs an extra bonus at no additional charge, the Schweser EssentialTM Prep Package (RetailPrice: 649) is provided to all candidates (available for pick-up as soon as shipment arrives),including: Schweser (Study) Notes Schweser’s QuickSheet SchweserPro QBank (Online) Practice Exams, Vol. 1 & Vol. 2 InstructorLink (partial access) Searchable FAQs & Exam-tips Blog Online Practice ExamsPractice Tests & Mock ExamsTwo interim practice tests and two final mock exams, which are provided by Schweser,Kaplan and the Boston Society of Security Analysts, will assist candidates in assessing theirstrengths and weaknesses. These will be held in the context of the continuous monitoring ofthe candidates' progress throughout the course that will be evaluated on the basis ofattendance to classes as well as practice and mock exam scores.Top-notch InstructorsAll sessions will be taught by multiple instructors who have been selected for their subjectmatter expertise and excellence. All of them are holders of the CFA Charter and have a longtrack of professional and / or academic experience in the topics that they teach:NameLila Mordochae, CFAAntonios Mintzas, CFAMaria Kioulafa, CFADimitris PapageorgiouTassos Vasileiou, CFAStamatiS Draziotis, CFAVicky Delieza, CFAAlexandra Vagia, CFAMarios Karadimas, CFACompany / InstitutionNN HellasAlpha BankEuropean Reliance Asset Management M.F.M.C. S.ANational Bank of GreeceEurobank EquitiesInvestment Bank of GreecePositionProfessor of FinanceInvestment ManagerRisk OfficerPortfolio ManagerInvestment StrategistEquity AnalystInvestment ProfessionalFinancial Markets AdvisorSenior Fixed Income TraderLocation & AdministrationAll classes will be held at the premises of the Hellenic Banking Institute: Massalias 1, Athens.For registrations and any information requests please refer to the following contact details: Hellenic Banking InstituteMrs. M. Papoutsi tel. 210 33.86.429, email: mpapoutsi@hba.grCFA Society Greeceemail: training@cfa.grCFA Society Greecehttp://www.cfa.grHellenic Banking Institutehttp://www.hba.gr/eti/

Registration student packUpon registration to the Review Course, all candidates will receive the following:i) A detailed timetable of the classes referring to the dates, hours and instructors per topic.ii) Information on the calculator models that are authorized for use during CFA exams.iii) An outline of the suggested readings and practice questions from the books.Review Course FeesCourse Fees: 1.700 An "Early booking" discount (10%) applies, if registration and first payment take place atleast 2 weeks before the beginning of the classes. The CFA Review Course can be submittedto the relevant OAED program2, LAEK 0,24%. For detailed information about our discountpolicies, please contact us.Registration for the CFA Review Course does NOT constitute enrollment in the CFA Exam.Refunds & CancellationIf enrollment is canceled in writing within two weeks after the program start date, any feespaid upon registration will be refunded except from the cost of any course materials theparticipant has received (included in the fees). No refunds will be issued after two weeksfrom the start date of the program.Rules - DisclaimersThe Review Course does not in any way aim to replace the intensive personal study that isrequired by the candidates, but works as supplementary towards their adequate preparationfor the exam. Any study material that will be distributed is used to facilitate the learningprocess does not constitute a substitute of the CFA Program reading assignments providedby CFA Institute that comprise the core of study.Registration in the CFA Review Course is non-transferable. The CFA Society Greece and theHellenic Bank Association retain the right to cancel the implementation of the Review Courseprovided that the number of registrations is not deemed sufficient as well as to modify theclass timetable, if needed. Candidates are expected to adhere to the CFA Institute Code ofEthics, Standards of Professional Conduct, and Rules of Procedure for Proceedings Related toProfessional Conduct and other conditions, requirements, procedures and policies set forth bythe CFA Institute.CFA Institute does not endorse, promote, review or warrant the accuracy of the products orservices offered by The CFA Society Greece or the Hellenic Banking Institute. The CFAInstitute Logo, CFA and Chartered Financial Analyst are a few of the trademarks that areowned by CFA Institute.Αριθμός συμμετεχόντων: Μέχρι 25, κατά χρονική προτεραιότητα δηλώσεων συμμετοχής.Τόπος διεξαγωγής: Ελληνικό Τραπεζικό Ινστιτούτο, Μασσαλίας 1, Αθήνα.Για δηλώσεις συμμετοχής, συμπληρωματικές πληροφορίες, υποβολή προγράμματος στον ΟΑΕ παρακαλούμετηλεφωνήστε στο 210 33.86.429 (κα Παπουτσή).ΣΕΜΙΝAΡΙΟ 822For more information, you can visit the website: http://www.oaed.gr/CFA Society Greecehttp://www.cfa.grHellenic Banking Institutehttp://www.hba.gr/eti/

CFA Review Course12 Series of CFA Level-I Review CoursethLIST OF TOPICSCFA Candidate Body of Knowledge (CBOKTM)I. Ethical and Professional StandardsA. Professional Standards of PracticeB. Ethical PracticesII. Quantitative MethodsA. Time Value of MoneyB. ProbabilityC. Probability Distributions and Descriptive StatisticsD. Sampling and EstimationE. Hypothesis TestingF. Correlation Analysis and RegressionG. Time-Series AnalysisH. Simulation AnalysisI. Technical AnalysisIII. EconomicsA. Market Forces of Supply and DemandB. The Firm and Industry OrganizationC. Measuring National Income and GrowthD. Business CyclesE. The Monetary SystemF. InflationG. International Trade and Capital FlowsH. Currency Exchange RatesI. Monetary and Fiscal PolicyJ. Economic Growth and DevelopmentK. Effects of Government RegulationL. Impact of Economic Factors on Investment MarketsIV. Financial Reporting and AnalysisA. Financial Reporting System (with an emphasis on IFRS)B. Analysis of Principal Financial StatementsC. Financial Reporting QualityD. Analysis of Inventories and Long-Lived AssetsE. Analysis of TaxesF. Analysis of DebtG. Analysis of Off-Balance-Sheet Assets and LiabilitiesH. Analysis of Pensions, Stock Compensation, and Other Employee BenefitsI. Analysis of Inter-Corporate InvestmentsJ. Analysis of Business CombinationsK. Analysis of Global OperationsL. Ratio and Financial AnalysisCFA Society Greecehttp://www.cfa.grHellenic Banking Institutehttp://www.hba.gr/eti/

V. Corporate FinanceA. Corporate GovernanceB. Dividend PolicyC. Capital Investment DecisionsD. Business and Financial RiskE. Capital Structure DecisionsF. Working Capital ManagementG. Mergers and Acquisitions and Corporate RestructuringVI. Equity InvestmentsA. Types of Equity Securities and Their CharacteristicsB. Equity Markets: Characteristics and InstitutionsC. Valuation of Individual Equity SecuritiesD. Fundamental Analysis (Sector, Industry, Company)E. Equity Market Valuation and Return AnalysisF. Equity Portfolio Management StrategiesVII. Fixed IncomeA. Types of Fixed-Income Securities and Their CharacteristicsB. Fixed-Income Markets: Characteristics & InstitutionsC. Fixed-Income Valuation (Sector, Industry, Company) and Return AnalysisD. Term Structure Determination and Yield SpreadsE. Analysis of Interest Rate RiskF. Analysis of Credit RiskG. Valuing Bonds with Embedded OptionsH. Structured ProductsI. Fixed-Income Portfolio Management StrategiesVIII. DerivativesA. Types of Derivative Instruments and Their CharacteristicsB. Markets and Valuation of Forwards and Futures ContractsC. Options Markets and Valuation of Option ContractsD. Swaps Markets and Valuation of Swap ContractsE. Credit Derivatives Markets and InstrumentsF. Uses of Derivatives in Portfolio ManagementIX. Alternative InvestmentsA. Types of Alternative Investments and Their CharacteristicsB. Real Estate ValuationC. Investment Vehicles and ValuationD. Private Equity/Venture Capital and ValuationE. Hedge Fund Strategies and ValuationF. CommoditiesG. Asset Allocation to Alternative InvestmentsX. Portfolio Management and Wealth PlanningA. The Investment Policy StatementB. Modern Portfolio Management ConceptsC. Behavioral FinanceD. Environmental, Social, and Governance (ESG) InvestingE. Management of Individual/Family Investor PortfoliosF. Management of Institutional Investor PortfoliosG. Investment Manager SelectionH. Economic Analysis and Setting Capital Market ExpectationsI. Tax Impact of Investment DecisionsJ. Asset AllocationK. Portfolio Construction and RevisionCFA Society Greecehttp://www.cfa.grHellenic Banking Institutehttp://www.hba.gr/eti/

L.M.N.O.Risk ManagementExecution of Portfolio Decisions (Trading)Performance EvaluationPresentation of Performance ResultsCFA Institute does not endorse, promote, review or warrant the accuracy of theproducts or services offered by The CFA Society Greece or the Hellenic BankingInstitute. The CFA Institute Logo, CFA and Chartered Financial Analyst are a fewof the trademarks that are owned by CFA Institute.CFA Society Greecehttp://www.cfa.grHellenic Banking Institutehttp://www.hba.gr/eti/

12th Series of CFA Level I - Review CourseΗ εκπαιδευτική διαδικασία συνιστά σχέση αμφίδρομης ουσιαστικής επικοινωνίας εκπαιδευτώνκαι συμμετεχόντων. Η αποτελεσματικότητα της επικοινωνίας αυτής καθορίζεται σε μεγάλοβαθμό από το σχετικό με το σεμινάριο υπόβαθρο, τις ανάγκες και τις προσδοκίες �ένα, χαρακτηριστικά όπως η εργασιακή εμπειρία, το εκπαιδευτικό υπόβαθρο τωνσυμμετεχόντων και τα ειδικότερα οφέλη που προσδοκούν αυτοί να αποκομίσουν από τοεκπαιδευτικό πρόγραμμα συνιστούν καθοριστικούς παράγοντες, που πρέπει να συνεκτιμώνταιγια την αποτελεσματική προσαρμογή της μεθοδολογίας που θα χρησιμοποιήσουν οι εισηγητές.Tα παρακάτω στοιχεία είναι απολύτως εμπιστευτικά και θα χρησιμοποιηθούν μόνο από το ΕΤΙ.Οι πληροφορίες αυτές θα βοηθήσουν τους εισηγητές να διαμορφώσουν το κατάλληλοεκπαιδευτικό «μείγμα» που θα μεγιστοποιήσει το δικό σας όφελος.ΠΡΟΦΙΛ ΕΚΠΑΙ νά επαγγελματικά καθήκοντα (σύντομη περιγραφή):Χρόνια προϋπηρεσίας: Προηγούμενες θέσεις εργασίας (εντός ή εκτός τραπεζικούχώρου):Σπουδές – ειδικότητες:Θέματα σχετικά με το πρόγραμμα που γνωρίζετε με οποιονδήποτε τρόπο (π.χ.εμπειρία, εκπαίδευση, αναγνωστικά ενδιαφέροντα):Εκπαιδευτικά προγράμματα που έχετε παρακολουθήσει για το ίδιο ή παρεμφερέςθέμα:Θεματικές ενότητες στις οποίες θα επιθυμούσατε να δώσει μεγαλύτερη έμφαση οεισηγητής:CFA Society Greecehttp://www.cfa.grHellenic Banking Institutehttp://www.hba.gr/eti/

Πώς μάθατε για το πρόγραμμα προετοιμασίας CFA Society Greece – ETI Site EET – ETI ( www.hba.gr/eti ) Site CFA Society Greece ( www.cfasociety.gr ) Linked-in Group: Greek CFA candidates Από αναζήτηση στο διαδίκτυο (Search Engine) Από σύσταση γνωστού ή φίλου Από τον εργοδότη μου Από άλλη πηγή (παρακαλούμε προσδιορίστε):Για την καλύτερη προετοιμασία της εκπαίδευσης, παρακαλούμε συμπληρώστε τιςπαρακάτω πληροφορίες:1.E-mail εργασίας:E-mail προσωπικό:2.Είναι η πρώτη φορά που συμμετέχετε στις εξετάσεις CFA – Level Ι; Ναι Όχι (παρακαλούμε προσδιορίστε)3.Αναφέρετε τους τίτλους σπουδών τριτοβάθμιας εκπαίδευσης που διαθέτετε:Παρακαλούμε στείλτε το συμπληρωμένο ερωτηματολόγιο μέχρι τις 3/11/2018στο e-mail: mpapoutsi@hba.gr ή στο fax: 210-3646122.Ευχαριστούμε για τη συμβολή σας στην αρτιότερη προετοιμασία του προγράμματος.Τομέας Επικοινωνίας ΕΤΙCFA Society Greecehttp://www.cfa.grHellenic Banking Institutehttp://www.hba.gr/eti/

examinations whose curriculum is covered by the CFA Program.1 The CFA Program The CFA program requires candidates to study for and pass three levels (I, II & III) of exams and meet other requirements, such as, 4 years of relevant work experience in order to earn a CFA Charter. Each level of the

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