The Level 1 Cfa Bootcamp

Tags: CFA

CFA® Level 1 Bootcamp: Ethics, Quantiative Methods, Corporate Finance, Economics, and Alternative Investments

Last updated 2022-01-10 | 4.6

- Prepare for the CFA® Level 1 exam
- Earn one of the most prestigious designations in finance and investment management
- Acquire a solid understanding of key business and finance disciplines

What you'll learn

Prepare for the CFA® Level 1 exam
Earn one of the most prestigious designations in finance and investment management
Acquire a solid understanding of key business and finance disciplines
Impress interviewers by showing a strong an understanding of finance fundamentals and advanced topics concepts
Study Ethics
Quantitative Methods (Statistics and Probability)
Corporate Finance
Economics
and Alternative Investments
Understand the Global Investment Performance Standards (GIPS)
Learn about the time value of money
discounted cash flow applications
statistical concepts and market returns
probability and probability distributions
sampling and estimation
hypothesis testing
and technical analysis
Acquire an understanding of corporate governance
capital budgeting
cost of capital
measures of leverage
and working capital management
Gain an understanding of fundamental topics like demand and supply
firm and market structure
economic growth
business cycles
monetary trade and capital flows
and currency exchange rates

* Requirements

* No prior experience is required. We will start from the very basics

Description

We will help you prepare for the CFA® Level 1 Exam.

In June 2019, a record number of candidates registered to take the CFA® exams. Pursuing the credential is a rigorous process, which requires a lot of time and effort. And yet, many people around the world sign up for the CFA® exams. The reason is that a CFA® designation can move your resume to the top of the pile in a competitive job market.

We are proud to present you our CFA® Level 1 Bootcamp

The five topics we will cover here are:

· Ethical and Professional Standards

· Quantitative methods

· Economics

· Corporate Finance

· Alternative Investments

This Bootcamp has been designed as a supplement to the official study materials provided by the CFA Institute and should not be seen as a substitute for these materials. Our goal is to make your life a bit easier. The lessons we have prepared are consistent with the current CFA® Level 1 curriculum and exam structure (and will continue to be updated to ensure consistency over time). We cover all Learning Outcome Statements (LOS), and we have dedicated a separate video to each LOS. This ensures that together we will study the concepts that are likely to be tested on the exam.

Why take our Bootcamp?

· A successful track record on Udemy – over 570,000 students have enrolled in our trainings

· Experienced team – the authors of this course are finance professionals who have acquired significant practical experience (they have worked for companies like HSBC, Morgan Stanley, PwC, Coca Cola, etc.)

· Carefully scripted and animated tutorials with plenty of real-world examples

· A variety of practice questions at the end of each Reading to test your progress

· Extensive case studies that will help you reinforce what you have learned

· Excellent support: If you don’t understand a concept or you simply want to drop us a line, you’ll receive an answer in one or two business days

· Dynamic: We don’t want to waste your time! The instructors keep up a very good pace throughout the whole course.

We will cover a wide variety of topics, including:

Ethics

Ethics and trust in the investment profession, Code of Ethics and Standards of Professional Conduct, the Global Investment Performance Standards (GIPS)

Quantitative Methods

The time value of money, Discounted cash flow applications, Statistical concepts and market returns, Probability concepts, Common probability distributions, Sampling and estimation, Hypothesis testing, Technical analysis

Corporate Finance

Corporate governance, Capital budgeting, Cost of capital, Measures of leverage, Working capital management

Economics

Demand and supply analysis, The firm and market structures, Aggregate output and economic growth, Understanding business cycles, Monetary and fiscal policy, International trade and capital flows, Currency exchange rates

Alternative Investments

Categories of alternative investments, Potential benefits of alternative investments, Issues in valuing and calculating returns on alternative investments

Each of these topics builds on the previous ones. And this is one of the considerable benefits you will gain by taking our Bootcamp. You will acquire valuable theoretical and practical skills that are necessary for a successful career in the world of investment management, investment banking, and corporate finance.

Moreover, our focus is to teach topics that flow smoothly and complement each other. The course covers exam concepts at a fraction of the cost of traditional programs (not to mention the amount of time you will save).

We are happy to offer an unconditional 30-day money-back in full guarantee. No risk for you. The content of the course is excellent, and this is a no-brainer for us, as we are certain you will love it.

Why wait? Every day is a missed opportunity.

Click the “Buy Now” button and become a part of our program today.

*CFA Institute does not endorse, promote, review or warrant the accuracy or quality of the products or services offered by 365 Careers or Udemy. The CFA Institute Logo, CFA®, and Chartered Financial Analyst® are just a few of the trademarks owned by CFA Institute.*

* *Please note that the Bootcamp will be split into two courses on Udemy. The reason is that the sheer length of topics we have covered does not allow us to have a single course;

Who this course is for:

  • CFA® Level 1 candidates
  • People interested in taking the CFA® exams
  • Individuals who are interested in a career in finance
  • Anyone who wants to learn Ethics, Quantitative Methods, Corporate Finance, Economics, Alternative Investments

Course content

27 sections • 372 lectures

Introduction Preview 01:08

Setting Up the Financial Calculator Preview 06:55

Basic Calculations Preview 18:26

Time Value of Money Preview 09:50

Cash Flow Analysis Preview 08:15

Statistics Preview 12:32

Depreciation and Breakeven Preview 09:01

LOS Overview Preview 00:45

Ethics Explained Preview 03:12

The Role of a Code of Ethics for Defining a Profession Preview 04:20

Challenges to Ethical Behavior Preview 07:09

The Need for High Ethical Standards in the Investment Industry Preview 02:34

Ethical vs. Legal Standards Preview 03:16

CFA® Ethical Decision-Making Framework Preview 03:09

LOS Overview Preview 00:33

Structure of the CFA® Institute Professional Conduct Program Preview 05:06

Components of the Code of Ethics® and the Standards of Professional Conduct® Preview 06:47

Ethical Responsibilities Required by the Code and Standards Preview 12:42

Practice Questions (Code of Ethics and Standards of Professional Conduct) Preview 00:00

Practice Questions with Answers (Code of Ethics and Standards of Professional..) Preview 00:01

LOS Overview Preview 01:17

Professionalism, I A Knowledge Of The Law Preview 08:57

Professionalism, I B Independence and Objectivity Preview 15:34

Professionalism, I C Misrepresentation Preview 14:55

Professionalism, I D Misconduct Preview 05:36

Integrity of Capital Markets, II A Material Non-Public Information Preview 14:22

Integrity of Capital Markets, II B Market Manipulation Preview 10:05

Duties to Clients, III A Loyalty, Prudence, and Care Preview 13:41

Duties to Clients, III B Fair Dealing Preview 09:19

Duties to Clients, III C Suitability Preview 12:07

Duties to Clients, III D Performance Presentation Preview 07:42

Duties to Clients, III E Preservation of Confidentiality Preview 08:44

Duties to Employers, IV A Loyalty Preview 14:01

Duties to Employers, IV B Additional Compensation Arrangements Preview 07:27

Duties to Employers, IV C Responsibilities of Supervisors Preview 09:49

Investment Analysis, Recommendations, and Actions, V A Diligence and Reasonable Preview 15:57

Investment Analysis, Recommendations, and Actions, V B Communication With Client Preview 11:49

Investment Analysis, Recommendations, and Actions, V C Record Retention Preview 06:16

Conflicts of Interest, VI A Disclosure of Conflicts Preview 13:17

Conflicts of Interest, VI B Priority of Transactions Preview 10:24

Conflicts of Interest, VI C Referral Fees Preview 06:19

Responsibilities as a CFA® Institute Member or CFA® Candidate, VII A Preview 07:26

Responsibilities as a CFA® Institute Member or CFA® Candidate, VII B Preview 07:27

Standards of Professional Conduct - Overview Preview 00:01

LOS Overview Preview 00:51

The Global Investment Performance Standards® Preview 04:25

Composites Construction Preview 03:28

Requirements for Verification Preview 02:25

LOS Overview Preview 00:35

Key Features of GIPS® Preview 05:41

Fundamentals of Compliance Preview 02:25

Scope of GIPS® Preview 04:25

GIPS® Implementation Preview 00:50

Overview of the Global Investment Performance Standards® Preview 05:41

Practice Questions (Global Investment Performance Standards®) Preview 00:02

Practice Questions with Answers (Global Investment Performance Standards®) Preview 00:01

GIPS® Overview Preview 00:00

LOS Overview Preview 01:04

Time Value of Money Preview 04:45

How to Use a Timeline to Depict Time Value of Money Problems Preview 02:20

How to Interpret Interest Rates Preview 02:55

Interest Rates as the Sum of Several Components Preview 05:06

Calculate and Interpret an Investment's Effective Annual Rate Preview 03:26

The Relationship between PV and FV Preview 04:04

Solving Different Time Value of Money Problems Preview 04:48

The Importance of Compounding Frequencies Preview 02:52

Ordinary Annuity Preview 08:56

Annuity Due Preview 06:13

Perpetuity Preview 03:16

FV and PV of Unequal Cash Flows Preview 04:32

Calculate the Monthly Payment of a Mortgage Loan Preview 06:11

Let's Calculate the Number of Years it Takes to Achieve a Financial Goal Preview 03:36

What is the Rate of Return of an Investment? Preview 05:09

The Cash Flow Additivity Principle Preview 03:20

Practice Questions (Quantitative Methods - Time Value of Money) Preview 00:04

Practice Questions (Answers with explanations) Preview 00:02

Here are the answers and explanations of the questions

LOS Overview Preview 00:44

How to Interpret the Net Present Value (NPV) Preview 05:12

Calculate NPV Preview 10:36

Calculate an Investment's Internal Rate of Return (IRR) Preview 07:42

Compare NPV and IRR Preview 08:50

The Holding Period Return Preview 02:48

The Money-Weighted Rate of Return Preview 06:55

The Time-Weighted Rate of Return Preview 05:00

Evaluate the Performance of Money Market Instruments Preview 05:03

Alternatives to the Bank Discount Yield Preview 05:48

Convert Among Yield Measures Preview 05:52

Practice Questions (Quantitative Methods - Discounted cash flow applications) Preview 00:04

Here is a list of questions that will test the material we have covered so far

Practice Questions (Answers with explanations) Preview 00:02

Here is a list of questions that will test the material we have covered so far.

LOS Overview Preview 00:26

Fundamental Concepts of Statistics Preview 03:44

Measurement Scales Preview 04:22

Parameter, Sample statistic, and Frequency Distribution Preview 03:38

Interpret Frequency Distributions Preview 02:26

Graphical Representation Preview 02:07

Measures of Central Tendency Preview 05:48

Measures of Central Tendency - Mean, Median, Mode Preview 04:21

Quartiles, Quintiles, Deciles and Percentiles Preview 04:08

Range and Mean Absolute Deviation Preview 03:03

Variance and Standard Deviation Preview 06:56

Semi-variance and Semi-deviation Preview 02:17

Chebyshev Inequality Preview 03:43

Coefficient of Variation and Sharpe Ratio Preview 04:02

Explain Skewness Preview 03:26

Behavior of the Mean, Median, and Mode Preview 01:48

Sample Skewness Preview 01:59

Kurtosis Preview 02:29

Compare the Use of Arithmetic and Geometric Means Preview 02:37

LOS Overview Preview 00:32

Probability Definitions Preview 02:29

The Two Defining Properties of Probability Preview 04:46

Defining Probabilities as Odds Preview 01:40

Dependent Events vs. Independent Events Preview 03:36

Conditional Probability Preview 04:50

The Addition Rule Preview 03:12

The Multiplication Rule Preview 05:14

The Total Probability Rule Preview 01:37

Summary Lesson: Addition, Multiplication, and Total Probability Rules Preview 03:10

Practical example: Total Probability Rule Preview 02:55

Conditional Expectation in Investment Applications Preview 03:17

The Relationship between Financial Securities Preview 04:13

Calculating Covariance Preview 02:40

Correlation Preview 04:15

Expected Value Preview 02:46

Calculating the Variance of a Random Variable Preview 01:26

Portfolio Expected Returns and Variance Preview 05:36

Covariance Based on a Joint Probability Function Preview 04:09

Bayes Formula Preview 05:51

Principles of Counting Preview 05:41

LOS Overview Preview 00:20

Defining a Random Variable Preview 04:39

Discrete and Continuous Random Variable Preview 02:56

Cumulative Distribution Function Preview 02:16

Practical Exercise Preview 02:37

Uniform, Bernoulli, and Binomial Random Variables Preview 03:16

Discrete Distribution Functions Preview 02:19

Discrete Uniform Distribution Preview 02:29

Binomial Distribution Preview 05:53

Practical Exercise Preview 03:33

Continuous Uniform Distribution Preview 02:28

Properties of the Normal Distribution Preview 03:29

Univariate vs. Multivariate Distributions Preview 02:20

Comparison between Conclusions Draw with Chebyshev and Normal Distribution Preview 02:10

Standard Normal Distribution Preview 06:19

Using Z-values to Calculate Probabilities Preview 03:21

Safety-first Ratio, Roy's Criterion for Portfolio Optimization Preview 03:39

Lognormal Distribution Preview 01:30

Discrete vs. Continuous Compounding Preview 04:45

Monte Carlo Simulation Preview 03:37

Historical Simulation Preview 01:57

LOS Overview Preview 00:31

Statistical Inferences Preview 03:26

Sampling Error Preview 01:37

Stratified Random Sampling Preview 02:09

Time Series vs. Cross-sectional Data Preview 04:55

Central Limit Theorem Preview 03:28

Standard Error of the Sample Mean Preview 02:18

Estimator of a Population Parameter Preview 03:48

Confidence Intervals Preview 06:03

Student's T-distribution Preview 05:42

Calculating Confidence Intervals - Known Variance Preview 04:41

Calculating Confidence Intervals - Unknown Variance Preview 04:46

Calculating Confidence Intervals - Variance Unknown, Large Sample Size Preview 02:57

Sampling Bias Preview 06:00

LOS overview Preview 00:36

Defining Hypothesis Testing Preview 04:19

One and Two-sided Hypothesis Tests Preview 01:33

What Is a Test Statistic? Preview 02:21

The Type I and Type II Errors. Definition of Significance Level Preview 05:02

What Is a Decision Rule? Preview 06:27

How Do We Measure the Power of a Test? Preview 02:30

The Relation Between Confidence Intervals and Hypothesis Tests Preview 02:43

Statistically vs. Economically Meaningful Results Preview 01:50

How Do We Measure and Use P-values? Preview 03:23

Hypothesis Testing - Variance Known Preview 07:59

Hypothesis Testing - Variance Unknown Preview 04:40

Hypothesis Testing - Equality of Means (Equal and Unknown Variances) Preview 04:18

Hypothesis Testing - Equality of Means (Unequal and Unknown Variances) Preview 02:41

Hypothesis Testing - The Difference of Two Means Preview 04:30

Testing for the Variance - Chi-Square Test Preview 04:17

Parametric vs. Nonparametric Tests Preview 04:28

LOS Overview Preview 00:50

Corporate Governance: Description Preview 02:17

Stakeholder Groups and Their Interests Preview 05:18

Stakeholder Conflicts Preview 05:29

Stakeholder Management Preview 01:50

Governance Mechanisms Preview 03:11

Board of Directors Preview 03:15

Board of Directors Committees Preview 03:11

Factors Influencing Corporate Governance Preview 05:56

Corporate Governance: Risks and Benefits Preview 04:17

Principles of Corporate Governance Analysis Preview 04:28

Environmental Factors and Social Considerations in Investment Analysis Preview 02:19

ESG Investing Preview 04:01

ESG Investing vs Fiduciary Duties Preview 01:05

Practice Questions (Corporate Governance and ESG: An Introduction) Preview 00:04

Practice Questions (Answers with explanations) Preview 00:00

LOS Overview Preview 00:40

The Capital Budgeting Process Preview 05:10

Basic Principles of Capital Budgeting Preview 06:32

Engaging with Multiple Projects at a Time Preview 04:03

Net Present Value (NPV) Preview 03:32

Net Present Value: Example Preview 03:49

Internal Rate of Return (IRR) Preview 06:07

Payback Period Preview 04:28

Discounted Payback Period (DPBP) Preview 03:34

Average Accounting Rate of Return (AAR) Preview 05:15

Profitability Index (PI) Preview 04:22

NPV Profile Preview 02:36

Compare the NPV and IRR Methods Preview 07:37

Problems Associated with IRR Preview 04:34

The Relation Between NPV and Share Price Preview 01:46

Practice Questions (Capital Budgeting) Preview 00:04

Here is a list of questions that will test the material we have covered so far.

Practice Questions (Answers with explanations) Preview 00:00

LOS Overview Preview 00:49

The Weighted Average Cost of Capital (WACC) Preview 07:18

Effect of Taxes on the Cost of Capital Preview 03:04

Use of Target Capital Structure in Estimating WACC Preview 04:34

Marginal Cost of Capital (MCC) Preview 07:48

The MCC's Role in Determining the NPV Preview 03:00

Calculate the Cost of Debt Preview 04:02

Cost of Preferred Stock Preview 01:35

Calculate the Cost of Equity Preview 02:30

Components of CAPM Preview 05:29

Calculate the Cost of Equity with the Dividend Discount Model Preview 02:47

Bond Yield Plus Risk Premium Approach Preview 02:43

Calculate and Interpret Beta Preview 05:00

Calculate a Project's Beta Preview 05:59

Estimate the Cost of Equity for Developing Countries Preview 02:22

Marginal Cost of Capital Schedule Preview 05:17

Flotation Costs Preview 07:06

Practice Questions (Cost of Capital) Preview 00:04

Practice Questions (Answers with explanations) Preview 00:00

LOS Overview Preview 00:37

Measures of Leverage Preview 05:14

Business and Financial Risk Preview 02:22

Calculate the Degree of Operating Leverage (DOL) Preview 05:50

Calculate the Degree of Financial Leverage (DFL) Preview 04:06

Calculate the Degree of Total Leverage (DTL) Preview 02:20

The Effect of Financial Leverage on a Company's NI and ROE Preview 05:40

Calculate the Breakeven Quantity of Sales Preview 04:03

Calculate the Operating Breakeven Quantity of Sales Preview 02:16

Practice Questions (Measures of Leverage) Preview 00:04

Practice Questions (Answers with explanations) Preview 00:00

Working Capital Management (Overview) Preview 00:56

Working Capital Management (Definition) Preview 02:44

Liquidity Management Preview 06:08

Liquidity Measures Preview 06:08

Asset Management Ratios Preview 04:25

Payables Turnover Ratio Preview 02:24

Liquidity Analysis (Example) Preview 07:25

Operating and Cash Conversion Cycles Preview 04:33

Net Daily Cash Position Preview 02:42

Yields on Short-Term Securities Preview 04:21

Investment Policy Statement Preview 01:56

Accounts Receivable Management Preview 04:09

Inventory Management Preview 01:44

Accounts Payable Management Preview 04:41

Short-term Bank Funding Sources Preview 03:06

Short-term Non-bank Funding Sources Preview 03:54

Practice questions (Working Capital Management) Preview 00:01

Practice questions (Working Captial Management)-answers Preview 00:01

LOS Overview Preview 00:48

Basic Concepts Preview 07:43

Elasticity Preview 11:01

Income and Substitution Effects Preview 06:23

Exceptions to the Law of Demand Preview 02:03

Diminishing Marginal Returns Preview 02:23

Break-even and Shutdown Analysis Preview 05:25

Economies and Diseconomies of Scale Preview 03:11

Practice Questions (Demand and Supply Analysis) Preview 00:02

Practice Questions with Answers (Demand and Supply Analysis) Preview 00:01

LOS Overview Preview 00:25

Market Structures Preview 06:43

Perfect Competition Preview 09:45

Monopolistic Competition Preview 05:19

Oligopoly Preview 09:55

Monopoly Preview 09:01

Concentration Measures Preview 03:25

Summary of Market Structures Preview 02:03

Practice Questions (The Firm and Market Structures) Preview 00:00

Here are some practice questions on the Firm and Market Structures section.

Practice Questions with Answers (The Firm and Market Structures) Preview 00:01

And here are the answers

Supplemental Materials Preview 00:01

LOS Overview Preview 01:06

GDP Calculation Preview 06:03

GDP Calculation (Continued) Preview 02:08

Nominal and Real GDP Preview 09:30

The Expenditure Approach Preview 08:18

The Income Approach Preview 07:24

Fiscal Balance and Trade Balance Preview 03:05

Aggregate Demand Preview 09:46

Aggregate Supply Preview 02:31

Shifts in Aggregate Demand Preview 05:37

Shifts in Aggregate Supply Preview 07:07

The Macroeconomic Equilibrium Preview 06:15

The Effect of Combined Changes in AD and AS Preview 01:31

Sources of Economic Growth Preview 08:43

The Production Function Preview 05:07

Practice Questions (Aggregate Output, Prices, and Economic Growth) Preview 00:00

Practice Questions with Answers (Aggregate Output, Prices, and Economic Growth) Preview 00:01

LOS Overview Preview 01:06

Business Cycle Phases Preview 05:28

Resource Use and the Business Cycle Preview 05:44

Housing Market and the Business Cycle Preview 04:01

External Trade Sector and the Business Cycle Preview 04:06

Theories of the Business Cycle Preview 07:57

Types of Unemployment Preview 05:19

Unemployment Measures Preview 04:48

Inflation Preview 04:29

Indexes Used to Measure Inflation Preview 07:33

Uses and Limitations of Inflation Measures Preview 05:26

Cost-Push and Demand-Pull Inflation Preview 09:05

Economic Indicators Preview 03:49

Practice Questions (Understanding Business Cycles) Preview 00:02

Practice Questions with Answers (Understanding Business Cycles) Preview 00:02

LOS Overview Preview 01:20

Introduction to Monetary and Fiscal Policy Preview 03:23

Functions of Money Preview 02:43

Definitions of Money Preview 01:07

The Money Creation Process Preview 03:59

The Quantity Theory of Money Preview 01:34

Theories of Money Demand and Supply Preview 04:47

The Fisher Effect Preview 02:32

Roles and Objectives of Central Banks Preview 05:22

Costs of Expected and Unexpected Inflation Preview 03:53

Monetary Policy Tools Preview 03:00

The Monetary Transmission Mechanism Preview 04:43

Qualities of Effective Central Banks Preview 03:53

Monetary Policy and Economic Growth Preview 03:45

Inflation, Interest Rate and Exchange Rate Targeting Preview 03:07

Expansionary vs Contractionary Monetary Policy Preview 02:23

Monetary Policy Limitations Preview 05:29

Roles and Objectives of Fiscal Policy Preview 05:19

Fiscal Policy Tools Preview 04:44

Effective Tax Policy Preview 02:41

Modeling the Impact of Taxes and Government Spending Preview 07:01

The Ricardian Equivalence Preview 02:54

National Debt-to-GDP Indicator Preview 04:35

Fiscal Policy Limitations Preview 01:52

Expansionary vs Contractionary Fiscal Policy Preview 02:38

Monetary and Fiscal Policy Interaction Preview 02:40

Practice Questions (Monetary and Fiscal Policy) Preview 00:00

Practice Questions with Answers (Monetary and Fiscal Policy) Preview 00:01

LOS Overview Preview 01:15

Gross Domestic Product vs Gross National Product Preview 02:14

Costs and Benefits of International Trade Preview 04:10

Absolute vs. Comparative Advantage Preview 06:15

Ricardian and Heckscher-Ohlin Models of Trade Preview 03:58

Trade Restrictions Preview 07:14

Trading Blocs Preview 03:30

Capital Restrictions Preview 03:21

Balance of Payments Preview 05:40

Balance of Payments (continued) Preview 03:26

International Trade Organizations Preview 03:14

Practice Questions (International Trade and Capital Flows) Preview 00:00

Practice Questions with Answers (International Trade and Capital Flows) Preview 00:01

LOS Overview Preview 01:29

Alternative Investments vs. Traditional Investments Preview 06:57

Categories of Alternative Investments Preview 03:28

Hedge Funds Preview 11:13

Private Equity Preview 09:03

Real Estate Preview 05:50

Other Types of Alternative Investments Preview 10:16

Benefits of Alternative Investments Preview 03:17

Hedge Funds - Fees and Returns Preview 05:32

Valuation of Alternative Investments Preview 08:09

Risk Management of Alternative Investments Preview 05:14

Practice Questions (Introduction to Alternative Investments) Preview 00:00

Practice Questions with Answers (Introduction to Alternative Investments) Preview 00:01

Completing 100% Preview 00:26