...Career Comparison for Accountants and Financial Analysts Prepared for Sara Ray Prepared by Career Consultant June 16, 2013 LETTER OF TRANSMITTAL Sara Ray 123 Brookside Dr. Holbrook, NJ 75486-1256 June 21, 2013 Dear Sara, Here is the report you requested on June 1st for a comparison between of a career as an accountant and a financial analyst. Based off our conversation, we took your interests and previous work experience into consideration as we compared specific criteria between these two careers. While working for your previous employer as a junior accountant, you show your ability for detail and organization. An accountant must possess these skills as well as the ability to work independently. I also gathered from our conversation that you are not one to handle a tremendous amount of pressure well. As a financial analyst, this is a skill that is required. You could be faced with many deadlines that could be very stressful. Your education course of study was also included to compare to the education requirements of each career and even though there are many similarities between the two, there are many differences. For example, both careers require good written and oral comprehension but an accountant needs to have excellent mathematic skills and be able to choose the right formula to solve a problem. This skill is not as important as a financial analyst as is the ability to develop solutions to complex problems that need to be solved....
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...I aspire to be a Senior Financial Analyst within the next 5 years. My goal for the survey is to see if I can meet the requirement to become a Senior Financial Analyst. Becoming a Senior Financial Analyst make me happy? I sent an email survey to 17 senior financial analysts within my current company. The data collected will confirm if I should continue seeking the position of a Senior Financial Analyst. Seventeen Senior Financial Analysts were given an e-mailed survey to complete which will show what is required for a Senior Financial Analyst position. The questions that were asked are as follows: 1. What is the highest educational requirement needed for a Senior Financial Analyst? A) Bachelors; B) Masters, C) Doctorate, or D) Certificate/License 2. How many years of experience are needed to become a Senior Financial Analyst? A) Less than 5 years; B) 5 years; or C) more than 5 years 3. How many hours do you work each week as a Senior Financial Analyst? A) Less than 40 hours per week, B) 40 hours per week; or C) More than 40 hours per week. 4. Due to the level of responsibilities for a Senior Financial Analyst, are you happy with your annual compensation? A) Yes or B) No 5. Are you satisfied being a Senior Financial Analyst? A) Yes, o B) No Out of the 17 emailed surveys, I received responses from 13. The results to the questions are below in Table 1: Table 1 Highest Level of Edu Bachelor Masters Doctorate Certificate/License 3 8 2 0 Years of Experience...
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...From: Tuan Nguyen Date: Subject: Exploration of the financial industry Introduction: This report focuses on the exploration of the financial industry. This memorandum aims to determine the most suitable career path and explore in depth information in respect to that specific career in the US overall. Results: My major focus was to differentiate the career of a financial analyst and personal and personal financial advisors, my methodology consisted of thorough online research through different website regarding more general aspects. 1. What is the difference between a financial analyst and a personal financial advisor? Financial analyst and personal financial advisors are very similar and usually have very minor differences. Personal financial advisor help individuals develop plans that will ensure their present and future financial stability. They review client’s financial goals and general appropriate plan for saving and investing that fits the client’s individual needs. On the other hand, financial analysts provide guidance to businesses and individuals making investment decisions. They assess the performance of stocks, bonds, and other types of investments. (investopedia.com, 2014) 2. What career paths can you consider? The finance industry is multifaceted is varied, offering a multifaceted of positions catering to number of different skills and interests. Here are some common career paths in the financial-services industry: Corporate Finance: where your jobs...
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...Table of Contents Rpt. 25810062 14-Apr-2015 SAREPTA THERAPEUTICS INC COWEN AND COMPANY - BARAL, RITU, ET AL 4-8 Rpt. 25767315 06-Apr-2015 SAREPTA THERAPEUTICS INC ROTH CAPITAL PARTNERS, LLC - CHATTOPADHYAY, DEBJIT, ET AL 9 - 21 Rpt. 25736145 01-Apr-2015 SAREPTA THERAPEUTICS INC CANACCORD GENUITY - RESEARCH DEPARTMENT 22 - 28 Rpt. 25736256 01-Apr-2015 SAREPTA THERAPEUTICS INC PIPER JAFFRAY - COMPANY REPORT - TENTHOFF, EDWARD, ET AL 29 - 32 Rpt. 25733910 01-Apr-2015 SAREPTA THERAPEUTICS INC COWEN AND COMPANY - BARAL, RITU, ET AL 33 - 37 Rpt. 25736405 01-Apr-2015 SAREPTA THERAPEUTICS INC CREDIT SUISSE - NORTH AMERICA - SHEPARD, JEREMIAH, ET AL 38 - 56 Rpt. 25732665 01-Apr-2015 SAREPTA THERAPEUTICS INC RBC CAPITAL MARKETS (CANADA) - SIMEONIDIS, SIMOS, ET AL 57 - 62 Rpt. 25732827 01-Apr-2015 SAREPTA THERAPEUTICS INC JMP SECURITIES LLC - COMPANY REPORTS - BAYKO, LIISA 63 - 67 Rpt. 25735100 01-Apr-2015 SAREPTA THERAPEUTICS INC OPPENHEIMER AND CO - RESEARCH DEPARTMENT 68 - 72 Rpt. 25736008 01-Apr-2015 SAREPTA THERAPEUTICS INC RBC CAPITAL MARKETS (CANADA) - SIMEONIDIS, SIMOS, ET AL 73 - 78 These reports were compiled using a product of Thomson Reuters www.thomsonreuters.com 1 Table of Contents Rpt. 25736195 01-Apr-2015 SAREPTA THERAPEUTICS INC WILLIAM BLAIR & COMPANY - LUGO, TIM, ET AL 79 - 83 Rpt. 25736196 01-Apr-2015 SAREPTA THERAPEUTICS INC LEERINK PARTNERS LLC - SCHWARTZ...
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...Economic Research Economic Briefing Germany: Analysts’ concerns are growing The ZEW Index for Germany tumbled again in October. Poorer economic data and a far from solved debt crisis are making analysts more skeptical about the future. How companies view the situation is more important though. This will be revealed by the Ifo business climate on Friday, which is also set to fall again. Financial analysts give an increasingly negative assessment of the outlook for the German economy. The ZEW index for the economic expectations in Germany dropped again in October. At -48.3, it came in slightly below expectations (Commerzbank forecast and consensus: -45.0). Well over half of the analysts surveyed meanwhile believe that the economic situation in Germany will deteriorate in the next six months. That said, Germany is the only country for which the index for the current situation is still clearly in positive territory, at 38.4. For the euro zone and the other surveyed countries, the figure is already in deep negative territory. These figures do not really bring much news; the fact that analysts have reduced their growth estimates again for next year – meaning they assess the outlook less favourably – is already in the newspapers. Furthermore, a look at the markets shows that the sovereign debt crisis is causing unrest on the financial markets (and therefore among the analysts working in this sector). What is more surprising is that 8% of those asked still anticipate an improvement...
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...ORBH 250 Spring 2015 Prof. Learning Plan Part II ! As for the future three years before I enter labor force (since I plan to go to graduate school), the biggest thing I want to work on is to find what I really want to do in the future as my career. I am currently a sophomore majoring in Accounting and to be honest, I am not pretty sure about what I want to do for living As long as I am considering right now, there are three possibilities for me as for my career—work in an investment bank as an analyst, work as an author in china. As for being a author, the very first reason is that I love to express my opinions through languages. Indeed I started thinking about being an author when I was in my first year of undergraduate. I was mostly motivated by the book, The Seventh Day, written by Chinese famous journalist Hua Yu. In that book, He expresses his opinions about political, social and economical events though relating fictions life after the death of the main charter. Therefore, I was motivated by his several sentences, hoping to become an author so as to perform my own values in Chinese writing filed. The major difficulty so far that get in the way for me to be a an author here is still the language barrier. The reason is that I did not get the formal training for this. For now, I accept American education, and totally stop accepting any Chinese stuff. In addition, I spend lots of time working on do my Finance and Accounting class, so I don’t have more time to consider...
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...depending on the area that interests them. Core courses help students make an informed choice and staff act as student advisers. * Quantitative Finance This stream was introduced in response to the demand from merchant banks, investment managers and other financial organisations for graduates able to use analytical and numerical techniques to price financial derivatives and to manage portfolio risks. The BCom and BBusSc (Quantitative Finance) degrees cover much of the material included in the actuarial stream but courses specific to life insurance and pension schemes are replaced by additional finance and risk management courses. At the most simplistic level, quantitative finance is concerned with shorter time horizons than actuarial science. The nature of the risks being considered is different with a focus on volatility of investment markets. * Actuarial Science The BCom and BBusSc (Actuarial Science) degrees focus on producing qualified actuaries. Most actuaries in South Africa are employed either by insurance companies or as consultants managing company pension schemes, although increasing numbers are now working in investments, short-term and health insurance. Actuaries have an important role in these institutions and are widely respected. Students who graduate within this stream will be particularly well prepared for further study to obtain the prestigious FASSA (Fellow of the Actuarial Society of South Africa), FIA (Fellow of the Institute of Actuaries...
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...Tannery More, Jigatola, Dhaka - 1209. Mobile: +88 (0)1914011656, +88 (0)1672704403 E-mail: jahid_107@rocketmail.com PERSONAL PROFILE A self-inspired, determined to success and hard working individual who can work confidently under pressure and complete tasks in a systematic and accountable way. Excellent interpersonal skills with proven ability of working on own initiative and as an enthusiastic team player. Very keen to apply and develop knowledge, seeking part time job to enrich professional experience in marketing and finance. CAREER ASPIRATIONS Developing into a qualified individual in the chosen field especially in marketing and finance arena. Being an effective and efficient role player in a professional challenging business environment. EDUCATIONAL BACKDROP Chartered Financial Analyst (CFA) Candidate of Level 2 of the CFA program. Faculty of Business Studies, University of Dhaka, Dhaka Bachelors of Business Administration (Marketing) 4th Year, 2nd Semester. June 2015 2011 – 2014 GPA 3.50 (Expected) Group Tasks: Ethical Responsibilities of pharmaceutical industry: June 2011 I, as a part of my group, made an appointment at `ACME GROUP` with a view to knowing about the ethical responsibilities especially to consumers and employees. Business Environment: Our group also went to ‘PIZZA HUT’ in order to concern about the business environment as it has significantly become an important measure of an organization’s success. Notre Dame College, Motijheel, Dhaka Higher Secondary...
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...2008 CFA Level 1 － Mock Exam 1 （AM）模考试题 Q1-5 Question 1 Accepting an incentive offered by a client to a portfolio manager, such as a free vacation or a cash bonus, to reward good performance in a future period is: A) a violation of the Standards. B) not a violation of the Standards as long as client confidentiality is maintained. C) a violation of the Standards unless the manager gets written consent from her employer. D) not a violation of the Standards as long as the manager informs her employer that she intends to accept the incentive. Question 2 Charmaine Townsend, CFA, has been managing a growth portfolio for her clients using a screening process that identifies companies that have high earnings growth rates. Townsend has decided that, because of a volatile economy, she is going to adopt a value strategy using a screening process that identifies companies that have low price-earnings multiples. Townsend will violate the Code and Standards if she makes this change in her investment process without: A) notifying her supervisor before she makes the change. B) getting written permission from her clients in advance of the change. C) promptly notifying her clients of the change. D) getting prompt written acknowledgment of the change from her clients within a reasonable time after the change was made. Question 3 Phoenix Investments has been in business for three years and is striving to be GIPS compliant. It...
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...2016 Level I Mock Exam: Afternoon Session The afternoon session of the 2016 Level I Chartered Financial Analyst (CFA®) Mock Examination has 120 questions. To best simulate the exam day experience, candidates are advised to allocate an average of 1.5 minutes per question for a total of 180 minutes (3 hours) for this session of the exam. Topic Minutes 1-18 Ethical and Professional Standards 27 19-32 Quantitative Methods 21 33-44 Economics 18 45-68 Financial Statement Analysis 36 69-76 Corporate Finance 12 77-88 Equity Investments 18 89-94 Derivative Investments 9 95-106 Fixed Income Investments 18 107-110 Alternative Investments 6 111-120 Portfolio Management 15 Total: 180 By accessing this mock exam, you agree to the following terms of use: This mock exam is provided to currentlyregistered CFA candidates. Candidates may view and print the exam for personal exam preparation only. The following activities are strictly prohibited and may result in disciplinary and/or legal action: accessing or permitting access by anyone other than currently-registered CFA candidates; copying, posting to any website, emailing, distributing and/or reprinting the mock exam for any purpose. © 2016 Copyrighted by CFA Institute. All rights reserved. 1. Richard Cardinal, CFA, is the founder of Volcano Capital Research, an investment management firm whose sole activity is short selling...
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...CFA INSTITUTE RESEARCH CHALLENGE OFFICIAL RULES 2017 1 RULE 1: INTRODUCTION AND GENERAL PROVISIONS .................................................................................................. 3 1.1 CONFLICTS OF INTEREST.................................................................................................................................................. 3 1.2 PLAGIARISM .................................................................................................................................................................... 3 1.3 THIRD PARTY INTELLECTUAL PROPERTY RIGHTS............................................................................................................... 4 1.4 USE OF REPORTS ............................................................................................................................................................ 5 RULE 2: TEAMS ..................................................................................................................................................................... 5 2.1 TEAM COMPOSITION ........................................................................................................................................................ 5 2.2 TEAM MEMBER REQUIREMENTS ....................................................................................................................................... 5 2.3 TEAM MEMBER INELIGIBILITY .......................................
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...Global Perspectives on Investment Management LEARNING FROM THE LEADERS Conversation with a Money Master BILL MILLER, CFA with FRED H. SPEECE, JR., CFA Bill Miller, CFA, is chairman and chief investment officer at Legg Mason Capital Management, Inc., and was named ‘‘The Greatest Money Manager of the 1990s’’ by Money magazine. In this question and answer session, Fred H. Speece, Jr., CFA, interviews Bill Miller about his insights into portfolio management in general and value investing in particular. Continuing a tradition of lifelong learning a cfa institute publication Conversation with a Money Master BILL MILLER, CFA Bill Miller, CFA, is chairman and chief investment officer at Legg Mason Capital Management, Inc., and was named ‘‘The Greatest Money Manager of the 1990s’’ by Money magazine. In this question and answer session, Fred H. Speece, Jr., CFA, interviews Bill Miller about his insights into portfolio management in general and value investing in particular. Speece: You have an impressive long-term track record as a portfolio manager. Given today’s very efficient and sophisticated market, do we still have room for stock picking? Miller: When we discuss market efficiency, we run into a semantic issue about what exactly is meant by the term ‘‘market efficiency.’’ At Legg Mason, we believe that the markets are pragmatically efficient, which means that they are extremely competitive and usually beat most active managers. For example, fewer than 35 percent of...
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...marketing brochure highlighting the accomplishments of its investment professionals. Which of the following statements made in York's marketing brochure is a violation of Standard VII(B) Reference to CFA Institute, the CFA Designation, and the CFA Program? A. Roger Langley, Chartered Financial Analyst, has been a portfolio manager with York for ten years and passed all three levels of the CFA examinations on his first attempts. B. Langley is one of three CFAs on staff with York. We expect that two more of our staff members will earn the right to use the designation in the future. C. Paul Yeng has retired from the firm after 25 years of service. Yeng was awarded the CFA charter in 1988. Much of the firm's past successes can be attributed to Yeng's efforts as an analyst and portfolio manager. 2. Hedge Funds Unlimited, a global hedge fund, has publicly acknowledged in writing that it has adopted the CFA Institute Code and Standards as its policies. Which of the following is least likely a violation of the firm's policies? A. An analyst at the firm working overseas uses material nonpublic information as allowed by local law to make investment decisions for discretionary client accounts. B. A junior analyst at the firm uses a subscription to his local newspaper and the opinions of his friends and colleagues to make investment recommendations for discretionary client accounts. C. A CFA candidate at the firm, who is registered for the Level 3 exam, includes reference to participation in...
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...students are permitted to use these materials for personal study and research only. Use of these materials for any other purposes, including copying or resale, without express permission of the copyright owner, may infringe copyright. The copyright owner may take action against you for infringement. BFF5270: Tutorial Questions Topic 1 – 1A: Introduction to Funds Management 1B: Chartered Financial Analyst (CFA) Ethics Submission due: 2.00pm on the day of the lecture in Teaching Week 2 Note: Tutorial questions are sourced from SPH-BKM = BFF5270: Funds Management, CFASPH = CFA Standards of Practice Handbook and other sources mentioned in the question itself. Students’ work that is copied from solutions or another student(s) or shared and submitted as your own constitutes cheating and/or plagiarism and will not earn any marks. Please be aware that BFF5270 teaching staff can use text-matching software such as Turnitin to check for plagiarism. 2 Question 1 Teachers Insurance and Annuity Association – College Retirement Equities Fund (TIAA– CREF) is a Fortune 100 financial services organisation in the US. It is the leading retirement provider for people who work in the academic, research, medical and cultural fields. TIAA–CREF serves 3.9 million active and retired employees participating at more than 15,000 institutions. Visit TIAA–CREF web site and provide a brief discussion on five basics of long-term investing in your own words. Question 2 (this work...
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...Shanghai trader to buy 200,000 shares of China Telecom's stock. Moments later, she dashes into a teleconference with Tokyo analysts. When the teleconference finally concludes two hours later, the woman rushes down the stairs, hails a taxi to the Chek Lap Kok Airport, catches a flight to Thailand, and ends her day with a meeting with the CFO of DynaTech Computers. I look forward to maintaining this busy schedule as a portfolio manager of an international equity mutual fund about ten years after obtaining my MBA. The Top School academic experience can build on my public accounting training and my multi-cultural and multi-lingual background to prepare me for work first as an equity analyst in the mutual fund industry and ultimately as a portfolio manager specializing in Asian Pacific equities. As a CPA and staff accountant with Big 6 for the past two and a half years, I have developed a solid foundation in teamwork, analytical, and problem-solving skills. As a bilingual associate of the Asia-Pacific Business Group, I specialize in auditing the financial statements of in-bound Asian businesses. However, while Big 6 provides expansive career opportunities in public accounting, I have reached a plateau in developing the analytical and management skills necessary to achieve my ultimate career goal of money management. In public accounting, we measure and examine financial transactions of the past. In contrast, money managers examine the current attributes of securities and attempt to predict...
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