Accredited Financial Analyst ®

Provided By AAFM

The Accredited Financial Analyst (AFA ) designation serves as a benchmark of competency in the Finance Analysis & Research profession and is recognized as the leading credential in corporate worldwide. The Accredited Financial ® Analyst Certificate Program is designed to develop the skills required by Financial Analysts, Research Analyst and Equity Analysts to execute critical functions related to Financial Statement Analysis, Corporate Finance, Equity Research, Investment Analysis and Financial Modelling. This Globally coveted Designation is offered by American Academy of Financial Management USA ® The AFA Certification Program provides the broad-based knowledge for professionals and students to emerge out as World Class Professionals in the domain of Financial Research & Analysis.

Area of Learning

  • Interpret the effect of Global & Local Economic Environment on Financial Markets and Investments.
  • Analyse Financial Statements to find out the Financial Strengths and Weakness of a company using the various tools of Analysis.
  • Monitor and control corporate exposure to financial and operational risks.
  • Recognize corporate governance issues that arise from the separation of corporate ownership and control.
  • Use statistical methods for the analysis of quantitative data and their application in a range of Financial Analysis Techniques.
  • Describe and interpret the general features of fixed income securities and understand the basic operations of fixed income markets.
  • Use basic interest rate derivatives like futures and options to manage risk and have general knowledge of other interest rate derivatives like FRA, interest rate swap, and credit default swap.
  • Develop and employ theoretical valuation methods to price financial instruments including Alternative Investments.
  • Apply Alternative Investment instruments in managing the risk of investing and hedging activity at the individual and the corporate level.
  • Use discounted cash flow models to measure the impact of alternative investment strategies in order to formulate a strategy to maximize investment yield.
  • An awareness of ethical, social and cultural issues within a global context and their importance in the exercise of professional skills and responsibilities as a Financial Analyst.
Curriculum

The curriculum of AFA consists of 2 Levels:

Level 1: Foundation

# Unit
1 Introduction to Financial Markets
2 Quantitative Techniques and Methods
3 Financial Statement Analysis
4 Corporate Finance
5 Fixed Income Security Analysis

Level 2: Advanced

# Unit
6 Equity Valuation
7 Derivatives and Alternate Investments
8 Portfolio Management Strategies
9 Behavioural Finance
10 Advanced Financial Analysis

 

Portfolio managers supervise a team of analysts and select the mix of products, industries, and regions for their company's investment portfolio. These managers not only are responsible for the overall portfolio, but also are expected to explain investment decisions and strategies in meetings with investors.

Fund managers work exclusively with hedge funds or mutual funds. Both fund and portfolio managers frequently make split-second buy or sell decisions in reaction to quickly changing market conditions.

Ratings analysts evaluate the ability of companies or governments to pay their debts, including bonds. On the basis of their evaluation, a management team rates the risk of a company or government not being able to repay its bonds.

Risk analysts evaluate the risk in investment decisions and determine how to manage unpredictability and limit potential losses. This job is carried out by making investment decisions such as selecting dissimilar stocks or having a combination of stocks, bonds, and mutual funds in a portfolio.