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cfa-lite.md

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CFA Lite

Outline

Ethical and Professional Standards

Professional Standards of Practice

Ethical Practices

Asset Manager Code of Professional Conduct

Presentation of Performance Results (GIPS)

Quantitative Methods

Time Value of Money

Data Visualization and Descriptive Statistics

Probability Distributions and Concepts

Sampling and Estimation

Regression Analysis

Artificial Intelligence/Machine Learning and Big Data Analysis and Applications

Time-Series Analysis

Simulation Analysis

Economics

Market Forces of Supply and Demand

The Firm and Industry Organization

Business Cycles

Inflation and Deflation

International Trade and Capital Flows

Currency Exchange Rates

Monetary System, Monetary and Fiscal Policy

Economic Growth and Development

Effects of Regulations

Economic Analysis and Setting Capital Market Expectations

Effects of Geopolitics on Economies and Investment Markets

Applications of Economic Indicators in the Investment Process

Financial Statement Analysis

Analysis of Financial Statements

Financial Reporting Quality

Analysis of Off-Balance-Sheet Assets and Liabilities

Analysis of Pensions, Stock Compensation, and Other Employee Benefits

Analysis of Inter-Corporate Investments

Analysis of Business Combinations

Analysis of Global Operations

Building a Company Financial Model

Ratio and Financial Analysis

Financial Analysis of Banks and Insurance Companies

Corporate Issuers

Corporate Structures and Strategies

Corporate Ownership and Governance

Risk Factors (including environmental and social)

Corporate Financing Decisions

Corporate Actions, Combinations, and Restructuring

Equity Investments

Types of Equity Securities and Markets

Fundamental Equity Analysis

Valuation of Individual Equity Securities

Equity Market Valuation

Equity Portfolio Management

Fixed Income

Types of Fixed-Income Securities and Markets

Fundamental Fixed Income Analysis

Term Structure Determination and Yield Spreads

Valuation of Individual Fixed Income Securities

Analysis of Interest Rate Risk

Analysis of Credit Risk

Valuing Bonds with Embedded Options

Structured Products

Fixed-Income Portfolio Management

Derivatives

Types of Derivative Instruments and Markets

Valuation of Forwards and Futures Contracts

Valuation of Option Contracts

Valuation of Swap Contracts

Uses of Derivatives in Portfolio Management

Alternative Investments

Types of Alternative Investments

Real Estate

Real Assets (including Infrastructure, Timber and Farm Land)

Private Capital (including Private Equity, Private Credit and Venture Capital)

Hedge Funds

Commodities

Alternative Investments Portfolio Management

Portfolio Management and Wealth Planning

The Investment Policy Statement

Modern Portfolio Management Concepts

Investment Vehicles (including ETFs and Mutual Funds)

Market Efficiency and Passive Investing

Market Indexes

Behavioral Finance

Technical Analysis

Environmental, Social, and Governance (ESG) Investing

Management of Individual/Family Investor Portfolios

Tax Impact of Investment Decisions

Management of Institutional Investor Portfolios

Investment Manager Selection

Asset Allocation

Portfolio Construction and Revision

Currency Management

Liability – Driven Investments (including Asset Liability Management and Goal-Based Investing)

Risk Management (including environmental risk)

Execution of Portfolio Decisions (including Trading and Market Microstructure)

Performance Attribution and Appraisal