How To Become A Chartered Financial Analyst?
On September 7th, HSE students met with Edward Bace, Head of Education for the EMEA (Europe, Middle East and Africa) region of the Chartered Financial Analysts (CFA) Institute. The meeting was organized by the HSE Banking Institute.
The meeting was opened by Vasiliy Solodkov, Director of the Banking Institute, who spoke about the CFA Institute’s work in Russia, about their collaboration with the HSE Banking Institute (MBA in Investment Management) as well as about the new master’s programme ‘Financial Analysis’ which was launched this year by the Banking Institute in collaboration with the HSE Faculty of Economics and which is aimed at training students to pass the first level of CFA certification. Vasiliy Solodkov emphasized that he believes developing courses like this along with other Masters’ courses is vital for adapting to a constantly developing financial market
Speaking to an audience consisting mainly of final-year undergraduate and master’s students, Edward Bace told them that the CFA charter was an opportunity to certify one’s knowledge and professional skills in finance. He emphasized that the CFA charter, being the widest internationally acknowledged certificate in finance and investement, is a kind of professional standard combined with business ethics.
According to Bace, for financial companies nothing is as important as maintaining a stable client base, and because of this, the trust between customers and partners is the most reliable basis for a successful business. This trust can be enhanced by the CFA charter since passing the test is a r time- and labour-consuming process: the test covers all areas of finance, and its format demands deep knowledge of each of them. This was emphasized by Dmitry Kachalov, the only CFA charter holder at the meeting (in addition to Edward Bace himself) and co-head of the HSE Banking Institute’s MBA programme in Investment Management – the only CFA Institute partner programme in Russia.
Edward Bace also told the audience that most of the charter holders are portfolio investment analysts (26%), market analysts (17%), and top-managers in companies (8%). He was working as a credit analyst at Standard & Poor when he received his charter and said that since then his life has radically changed, primarily thanks to the fact that his c.v. contains the line ‘CFA charter holder’ and even some work in this direction sets potential employees apart.
Edward Bace finished by telling the audience about the process of applying for the charter. After the presentation he answered some questions from the students, which were mainly related to the contents of each stage of the test, opportunities for training for the test as well as application for some bursaries.
Photos by Nikita Benzoruk
See also:
'You Find Yourself Thinking about Your Research 24/7'
Daria Gracheva, expert at the Institute of Education, turned to science in pursuit of methods to discern between a poorly constructed test and a well-designed one. In this interview with the HSE Young Scientists project, she discusses the '4K test,' which is intended to measure critical thinking and communication skills, shares insights on the model named after Georg Rasch, and explains how setting up an aquarium for a crab can help assess soft skills.
HSE University-St Petersburg Represents Russia at International Conference in Australia
The delegation of HSE University-St Petersburg participated in the largest educational forum-exhibition of the Asia-Pacific Association for International Education 'APAIE 2024'. The 20th anniversary conference was held in the Australian city of Perth.
Inverse Relationship Found between Propensity to Innovate and Academic Success
Mariia Evdokimova and Anastasia Stepanova, employees of HSE University’s Faculty of Economic Sciences, studied the connection between students’ personal characteristics and their desire to create something new. The researchers have found that students’ propensity to innovate lowers their GPA. The results of the work were published in the preprint ‘Students’ Propensity to Innovate: Correlates, Determinants, and Impact on GPA.’
Social Connections Help Women Achieve Academic Success
Social integration has different effects on the academic achievement of women and men. Researchers from HSE University’s Institute of Education studied the connections between academic performance and social integration among 4,500 young Russians. It turned out that this connection is much stronger than it might seem at first glance, and that it is more important for women. The results of the work were published in the Journal of Social and Personal Relationships.
A University's Special Status Is Correlated with a Substantial Increase in Salaries for Graduates
A university education is a highly sought-after commodity in Russia, yet the quality of universities and their programmes varies significantly. This gives rise to risks of inequality, both in the realm of education and in the labour market, and subsequently impacts the returns on higher education, which are manifested in the salaries earned by graduates. According to a study by Ilya Prakhov, Assistant Professor of the HSE Faculty of Economic Sciences, graduates from Russia’s top-tier universities enjoy a distinct advantage. The paper has been published in the International Journal of Educational Development.
HSE University and Moscow Planetarium Sign Cooperation Agreement
The parties will work to popularise science and conduct educational and research activities, including in the fields of astronomy, cosmonautics, and Earth science. The agreement also covers the implementation of joint practical programmes and internships for students.
HSE University and Agency for Strategic Initiatives Sign Cooperation Agreement
HSE University and the Agency for Strategic Initiatives (ASI) have agreed to cooperate in the development of new technologies, the digital transformation of the economy, and the social development of the country. The agreement was signed by HSE University Rector Nikita Anisimov and ASI Director General Svetlana Chupsheva at the St Petersburg International Economic Forum.
Basic, General, and Home-based: Why Families Choose to Homeschool and What Challenges They Face in Doing So
There are many reasons why families choose to homeschool their children, from wishing to personalise their education to protecting them from bullying to strengthening the family bond. Those who decide to switch to homeschooling can face quite a few challenges, both logistical and psychological, including criticism from family members. IQ.HSE presents a few facts on homeschooling in Russia based on a paper by researchers of the HSE Institute of Education.
Card Index: Uberisation of Education
Education is in the process of being partly reformatted into an on-demand service, with digital platforms quickly and efficiently matching teachers to students. This can make education more personalised and accessible and open up new professional development and money-making opportunities for teachers. But is an Uber-like model really good for education? The following discussion of uberisation in education is based on a paper by philosopher Timur Khusyainov, Deputy Dean of the Faculty of Humanities at the HSE Campus in Nizhny Novgorod.
HSE University and Sberbank Sign Cooperation Agreement
HSE University and Sberbank have entered into a cooperation agreement. The document was signed by Herman Gref, CEO and Chairman of the Executive Board of Sberbank, and HSE University Rector Nikita Anisimov. The agreement is aimed at the implementation of shared educational, research, career-guidance, awareness-raising, and informational projects.