The best CFA study guide
When you finally engaged into becoming a certified chartered financial analyst, you will have to make sure that you are fully aware of the various topics and disciplines that form part of the whole CFA program. In order to be successful in completing the program, a study
guide is very much recommended.
How do we determine then the best CFA study guide?
A study guide should be very comprehensive in nature. By what I mean by comprehensive, it should be able to cover all the required topics to comply with the CFA program.
The study guide for it to be the best should be able to contain topics in Ethics and Standards for Professionals. These topics will help shape a candidate’s interpersonal and work relationships. In addition, it should also contain discussion about Behavioral Finance and Quantitative Methods. These topics shall help enhance the candidate’s analytical and computational skills, which are necessary skill sets towards becoming successful in the field of financial analysis.
Moreover, knowledge in Wealth and Portfolio Management for Investors is a pre-requisite to become an efficient CFA. For advanced Chartered Financial Analysis program, the need for an equally advanced topic should be included on the study guide. Such advanced topics that are supposed to be on the study guide are topics in Effective Allocation of Assets, knowledge required of an analyst to better facilitate a clients need for assets management.
Another equally important topic that needs to be present in the study guide is the Risk Management. This concept will enable a CFA to better handle and manage potential risk in the assessment of clients needs.
by Korbin Howard