CFA’s main employment:

3 major departments

Investment Banking Department:

Initial public offering of company shares by primary market companies Degrees are publicly traded in the stock market

Mergers and acquisitions; mergers and acquisitions

CFA content and role

Level 1 financial analysis

Level 2: Asset Pricing

Level 3: Portfolio Management

Investment Banking Department: Primary Market Corporate IPO, M&A and other financing activities

CFA Role: Level 1, Secondary financial analysis and pricing

Talent requirements:

Very smart; 2. Knowledge background; 3. Financial knowledge

Asset Management Department: Fund management includes investment Primary market or secondary market

Brokerage business department: secondary market investment includes stock sales and research

CFA role

For sales: primary, secondary Level, understand the pricing factors of listed companies and explain them to customers

Research: Level 1, Level 2, financial analysis, forecast, pricing of listed companies

Researcher, analyst ( Ranking in the top three, conditions 1 curiosity 2 new ideas "Valuation, modeling; FSA")

Asset management department: high pressure, strong comprehensive ability fund manager

Asset management includes Invest in the primary market or secondary market issuance market and circulation market

The role of CFA

Level one: financial analysis

Level two: asset pricing stocks, bonds, Derivatives, other investment products (stock index, futures)

Level 3: Portfolio Management

Commercial Bank

Corporate Business Department

Personal Business Department

Treasury Department

Corporate Business Department-Corporate Business Department

Long-term loans and short-term loans decide whether to borrow (first level), second level, Give in-depth opinions

CFA Level 1 and Level 2: Financial analysis is very helpful

Personal Business Department - Personal Finance, Private Banking

Personal deposits, Remittance

Personal finance

The role of CFA:

Investment management of personal finance

Understand the nature and risks of each investment product, Financial management for customers

Main products: stocks, fixed income, derivatives

CFA Level 1, Level 2, and Level 3: Asset product pricing and portfolio management

Treasury Department: Capital Utilization

Foreign Exchange Products

New Product Design: Derivatives, Structured Products