IBF Accredited Programme

CFA Society Singapore

IBF Accredited Programme

As an accredited IBF training provider, CFA Society Singapore developed various IBF accredited programmes for the financial services and investment management industry since 2009. In this regard, CFA Society Singapore owns the exclusive rights for the CFA Singapore Preparatory Programmes for CFA Levels 1, 2 and 3. These programmes are accredited under the Institute of Banking and Finance Singapore Standards Training Scheme (IBF-STS).

Please be informed that CFA Society Singapore is now in the process of curating our own in-house resources and capabilities to prepare students enrolling on the CFA Singapore Preparatory Programmes. We are working with the relevant subject matter experts (including senior CFA charterholders, faculty from an Institute of Higher Learning and IBF) to develop our unique training pedagogy which will combine the best of both worlds from the industry and academia.

We appeal to your patience and we be in touch soon when we are ready to launch our new programmes.

In the meantime, to register your interest, please write to us at [email protected]

CFA Exam levels

CFA Level 1

CFA Level 2

CFA Level 3

Name of course

CFA Singapore Level 1 Preparatory Programme (IBF Level 1)

CFA Singapore Level 2 Preparatory Programme (IBF Level 2/3)

CFA Singapore Level 3 Preparatory Programme (IBF Level 2/3)

Key learning objectives

· Demonstrate knowledge of the various investments products
· Understand key microeconomic topics
· Conduct research on current conditions and future prospects of a given sector of the economy
· Understand general principles of the financial services industry
· Evaluate financial health of companies through financial reports (ie. income, cash flow, etc.)

Conduct economic, industry and sectoral research
· Perform pro forma analysis to determine value of investment products
· Valuate investment price based on historical and pro forma data
· Provide research-driven investment recommendations
· Acquire and apply financial services industry product and knowledge
· Comply with financial services industry legislations, regulations and industry codes of practices

· Formulate portfolio strategy
· Allocate assets based on portfolio strategy
· Manage portfolio to achieve objectives
· Identify, report and mitigate portfolio risks
· Identify specific portfolio performance factors
· Apply attribution analysis methods such as Multi-Factor, Style and Return Decomposition Analysis

IBF Standards Training Scheme (IBF-STS)

This programme has been accredited under the IBF Standards, and is eligible for funding under the IBF Standards Training Scheme (IBF-STS), subject to all eligibility criteria being met.

Candidates are advised to assess the suitability of the programme and its relevance to their business activities or job roles. IBF-STS provides 70% funding for direct training costs subjected to a cap of S$7,000 per candidate per programme subject to all eligibility criteria being met.

With effect from 1 July 2016, Singapore Citizens aged 40 years old and above are eligible for 90% co-funding of direct training costs, subject to a cap of S$7,000 per participant per programme. For more information on funding, IBF Certification and Continuing Professional Development (CPD) requirements, please visit www.ibf.org.sg.

Who is eligible?

Self-sponsored Individuals

Non Company-sponsored participants are required to be Singapore Citizens or Singapore Permanent Residents physically based in Singapore.

Company-sponsored Individuals

Company-Sponsored participants are required to be Singapore Citizens or Permanent Residents, physically based in Singapore and staff of Singapore-based financial sector entities being sponsored for the programmes.

Note:

Reimbursement of fund is subject to assessment and meeting minimum attendance requirements.

Duration of each assessment ranges from 1.5 hours to 3 hours, and number of assessments are at the discretion of CFA Society Singapore

About IBF Standards

The IBF Standards represents a set of competency standards developed by the industry, for the industry. It provides a practice-oriented development roadmap for financial sector practitioners to attain the necessary training to excel in their respective job roles.

Covering 12 industry segments spanning more than 50 specialisations, the IBF Standards offers a comprehensive suite of accredited training and assessment programmes to guide a financial sector practitioner from licensing examinations on through to professional certification across 3-levels: IBF Qualified (for new entrants); IBF Advanced (for senior practitioners and specialists); IBF Fellows (for industry veterans).

IBF Certification Process

Successful applicants will be awarded an IBF Certificate carrying a corresponding Certification Title – IBF Qualified and IBF Advanced.

IBF Qualification

IBF Qualified

This Certification Title describes its holder as a new entrant who is equipped with broad-based capabilities and foundation competencies to be ready to undertake new roles. It is certified via IBF Level 1 Programmes.

IBF Advanced

This Certification Title describes its holder as an experienced practitioner who has acquired applied knowledge and complex analytical skills for specialists or supervisory function. It can be certified via IBF Level 2 and/or Level 3 Programmes coupled with 3-15 years of experience.