CEFA – Certified European Financial Analyst
Schedule:
Teaching time:
Topic:
Form of learning:
Provider:
Level:
Credits:
Fee:
Application period:
Target group and prerequisites
The CEFA program is designed for investment and financial professionals who wish to develop, supplement, or maintain their analytical skills.The program is particularly aimed at experts involved in financial analysis, asset management, pension funds, life insurance, wealth management, financial research, corporate finance, financial journalism, and financial legislation/regulation.
Course description
The CEFA syllabus covers ten key topic areas that together enable participants to face the emerging challenges of the profession:
- Financial Accounting and Financial Statement Analysis
- Equity Valuation and Analysis
- Corporate Finance
- Fixed Income Valuation and Analysis
- Economics
- Derivative Valuation and Analysis
- Portfolio Management
- European Regulations
- Ethics
- National Component
CEFA program is designed to be completed along with the work, and the studies can fit well into the rest of the work schedule. The time investment required is approximately 225 h, of which 60% is considered theoretical and 40% a practical exercise. However, the required number of studies may vary depending on the participant's starting level.
The program is organized by the Finnish Association of Financial Analysts in cooperation with Aalto University Executive Education Ltd. The umbrella organization for the CEFA program is the European Association of Financial Analysts (EFFAS). CEFA programs have been organized in Finland for more than 20 years and have been completed by more than 400 investment professionals.
Participants who pass all the required examinations and have the required work experience will be entitled to use the CEFA title.