Friday Nov 29, 2024
Friday Nov 29, 2024
Friday, 3 October 2014 04:00 - - {{hitsCtrl.values.hits}}
Enrolments are now on for the Level 1 of the December 2014 examination for which classes will commence in the first week of October. Candidates who are undergraduates and graduates (BSc., BCom., BBA) and who are after CIMA, ACCA, CA, CMA, CIM and other fields such as IT and engineering are eligible to apply for the qualification. In addition, one could also have four years qualified professional work experience or have a combination of work and academic experience that totals four years.
Mercury has had great success with their revision classes by gaining a 63% pass rate whilst the current global pass rate is at 42%. This speaks volumes for their dedication and expertise in this area. Possessing a team of exceptionally gifted lecturers who all come from a CFA background and are experienced personnel from the industry, they cover over 500 exam oriented questions that are discussed comprehensively and comprises of 80 hours of revision.
With Mercury’s size controlled classes that provide one-to-one learning programs for students, which in turn aids them in terms of receiving focused lecturer attention , their teaching methods adopted includes a structured approach in gearing students for exam success such as, full coverage of syllabus, followed by revision at the end of each session.
Mercury is also the only institute which provides the CFA calculator free of charge to all students upon enrolment and due to the complex nature of the financial calculator they even provide a special calculator session for all enrolments.
Speaking of the level 1 qualification Thilina Ukwatta, Business Development Manager of Mercury Institute, stated: The CFA exam is a tough challenge to qualify. It comprises of a rigorous curriculum, which signifies passing all three exams, which is one of the requirements for earning the CFA charter. A candidate who successfully completes the program and shows industry experience of four years iscawarded a ‘CFA Charter; and becomes a ‘CFA Charter Holder’. Employers recognise that CFA Charter holders have a broad investment perspective and an understanding of the global marketplace. Hence it has been proven in the Wall Street that CFA Charter Holders are at an upper salary scale compared to its counterparts.”
He added: “From my personal experience, I would say that candidates who have passed the CFA Level 1 exam gain a clear competitive advantage ahead of many others. Many CFA charter holders find that it has provided them with an opportunity for working within numerous investment specialties and markets around the globe. Employers recognise it as the definitive standard by which to measure the competence, integrity, and dedication of serious investment professionals.”
Due to such factors, the CFA revision program has also been enthusiastically endorsed by past students such as Travis Gomez, an Economic and Financial Analyst, who said: “The extensive curriculum of the program enriched my understanding of the finance field and enabled me to secure a job in a well-established investment bank with minimum difficulty. The flexibility the program offers allowed me to effectively balance my CFA exam preparations with my undergraduate studies. I was also greatly privileged to be given the opportunity to represent Sri Lanka at the CFA research challenge 2011/12 in Hong Kong organised by the CFA Institute.”
