Derivatives - CFA Smart Tips To Pass Your Level 1 Exam
What you'll learn
- Identify the key concepts and terminology related to derivatives.
- Understand the basics of pricing a derivatives contract.
- Apply the fundamental principles of valuing a derivatives contract.
- Differentiate between forward contracts, futures contracts, and swap contracts.
- Explain the purpose, features, and risks associated with forward contracts.
- Analyze the applications and characteristics of swap contracts.
- Assess the benefits and risks of using futures contracts in various scenarios.
- Distinguish between long call options and short put options.
- Calculate the strike rate, exercise price, spot rate, and premium of option contracts.
- Evaluate the profit, loss, and breakeven scenarios for long call options.
- Analyze the profit and loss diagrams for long call, short call, long put, and short put options.
- Understand the factors that impact option pricing.
- Apply the concepts of delta, gamma, theta, vega, and rho to analyze option values.
- Explain the concept of Put-Call Parity and its practical implications.
- Differentiate between protective puts, fiduciary calls, and synthetic options.
- Assess the suitability of various options strategies in different market conditions.
- Recall the background and significance of the CFA designation.
- Understand the requirements and process for becoming a CFA candidate.
- Evaluate the value of pursuing the CFA designation for career advancement.
- Discuss the career options available for CFA charterholders.
- Analyze the unique challenges faced by engineers and accountants in the CFA program.
- Apply mnemonic techniques and tips to enhance exam preparation and retention.
- Discuss the importance of work-life balance in CFA exam success.
- Determine the pass rate required for obtaining CFA Level 1 certification.
- Recognize the importance of community support and online resources in CFA preparation.
- Assess the applicability of the CFA program in pursuing a career in finance.
- Analyze the true cost, in terms of time and dedication, of pursuing the CFA designation.
- Understand the relationship between CFA exams and post-graduate education.
- Demonstrate an understanding of career opportunities in the wholesale finance industry.
- Apply critical thinking skills to analyze industry insights and apply them to real-world scenarios.
Requirements
- There are no requirements or prerequisites for this course, but the items listed below are a guide to useful background knowledge which will increase the value and benefits of this course.
- Basic familiarity with financial markets and instruments, such as stocks, bonds, and options, will provide a foundation for understanding derivatives concepts.
- A basic understanding of mathematics, including concepts like percentages, ratios, and basic algebra, will help in comprehending the pricing and valuation methods discussed in the course.
- Access to a computer or device with a stable internet connection to access the online course materials, video lectures, and interactive exercises.
Description
Are you preparing for the challenging CFA Level 1 exam and looking for expert guidance to ensure your success? Look no further! Join experienced instructor Jhan Burger, a seasoned finance professional with over 20 years of industry experience, on an engaging and comprehensive journey through the world of derivatives.
In this course, you will gain the necessary knowledge and skills to master derivatives and ace your CFA Level 1 exam. Jhan's passion for the subject and his unique teaching approach, which combines stories, mnemonics, tips, tricks, and a PowerPoint-free environment, will make your learning experience enjoyable and effective.
Why are mastering derivatives essential in today's financial landscape? Derivatives are a vital component of modern finance, allowing individuals and institutions to manage risk, speculate on market movements, and create innovative investment strategies. Understanding derivatives is not only a requirement for the CFA exam but also a valuable skill for aspiring finance professionals seeking lucrative career opportunities.
Let's embark on the learning journey together. Throughout this course, you will explore the fundamental concepts of derivatives, starting with an introduction to their pricing and valuation. You will gain a solid understanding of forward contracts, swap contracts, and future contracts, distinguishing the nuances between them.
Delving deeper, you will demystify the world of options contracts, learning about call-and-put options, strike rates, exercise prices, spot rates, and premiums. Through comprehensive explanations and visual aids like profit and loss diagrams, you will grasp the intricacies of long calls and short puts.
But that's not all! The course goes beyond the basics, delving into the factors that impact option pricing. You will uncover the secrets behind the Greeks, including delta, gamma, theta, and vega, and discover how they influence the value of options.
One of the highlights of this course is an easy-to-follow technique for memorizing Put-Call Parity, a concept that often confuses candidates. You will also explore advanced topics such as protective put, fiduciary call, and synthetic options, gaining a well-rounded understanding of derivatives.
To further enhance your learning experience, this course offers a full workbook. Each lesson includes a one-page worksheet, enabling you to reinforce your understanding and track your progress.
But what sets this course apart from others? Jhan Burger's extensive industry experience, combined with his passion for teaching, ensures that you receive top-notch instruction tailored specifically to the CFA Level 1 exam. His expertise, empathy, and ability to connect with learners will instill confidence and propel you toward success.
Don't miss out on this opportunity to gain a competitive edge in your CFA Level 1 exam preparation. Enroll in "Derivatives - CFA Smart Tips To Pass Your Level 1 Exam" today and unlock the secrets of derivatives in a way that no other course can offer.
Remember, it's not just about passing the exam; it's about developing a strong foundation in derivatives that will serve you throughout your finance career. Enroll now and embark on a transformative learning journey with Jhan Burger.
Who this course is for:
- Individuals who are preparing for the CFA Level 1 exam.
- Undergraduate or postgraduate students studying finance or related fields can benefit from this course.
- Professionals working in the finance industry, such as investment analysts, portfolio managers, or risk managers, who want to enhance their understanding of derivatives can find value in this course.
- Individuals who are considering a career switch into finance and investment.
- Those who prefer self-directed learning and are motivated to study independently.
- Individuals with a general interest in finance and investment who want to expand their knowledge and understanding of derivatives.
Instructors
- 4.4 Instructor Rating
- 61,435 Reviews
- 416,593 Students
- 294 Courses
"What an amazing course! After finishing this course, I have confidence. Thank so much Dr Peter Alkema" ... "This is exactly the jump-start I needed. Very clear and concise"
I lead Digital Transformation & Architecture at ABB and I've been featured on CNBC Africa and won the Gartner CIO Of The Year in 2016. I founded and led the largest banking hackathon in South Africa which was published in 2019 as a case study by Harvard Business School.
I've taught over 100,000 students about technology, business, academics and self-development. In 2020 I completed my PhD at Wits University In Johannesburg. The study introduced a ground-breaking theory of Agile software development teams. My woodworking book was published in 2014 and has sold over 10,000 copies.
Olugbenga Gbadegesin: "Excellent delivery" / Lebogang Tswelapele: "This is what I have been longing for" / Paskalia Ndapandula: "Peter speaks with so much clarity" / Amantle Mangwedi: "It was straight to the point and the sections are cut into nice short segments which made it easier to go through" Kathy Bermudez: "Excellent material. Well organized..."
Werner van Wyk: "Thank you Peter, once again your lesson and course have given me so much knowledge and understanding" / Yvonne Rudolph "I really look forward to take everything i learned in action" / Josephine Mahlangu: "exactly what I needed to know, absolutely valuable and helpful for my personal growth"
- 3.8 Instructor Rating
- 81 Reviews
- 903 Students
- 16 Courses
Hi, I am Jabran Ata. I have 17 years of experience in investment banking, financial analysis, CFA exam preparation, financial modelling workshops, and teaching finance courses at various business schools. My academic background includes three credentials:
1. Bachelor of Sciences in Computer Sciences
2. Masters in Business Administration
3. Chartered Financial Analyst (CFA) Designation (CFA Institute)
- 3.9 Instructor Rating
- 225 Reviews
- 3,226 Students
- 17 Courses
A short story: I was running yet another 5-day public CFA revision course for clients in Zurich when a few delegates approached me saying, "Jhan, there are so many little tips and tricks, hacks and useful ways of memorising stuff that you've shared with us on this course. It would be really great if you could put all of those things together and sell it as a stand alone course". So that is how I find myself here on Udemy and why I founded Analyst Secrets. No death by PowerPoint, just the very best of the tips and tricks I've learnt as a student from a non-accounting/quants background and as a specialist CFA lecturer for nearly 15 years for Kaplan Schweser.
You'll be in good company - feel free to look up my LinkedIn profile to read the testimonials from previous students. Here are a few:
"Jhan’s tips and tricks have been invaluable in getting me through the first two levels of the CFA curriculum. He’s got a teaching style that’s like no other and would definitely recommend his services to anyone without hesitation." Chike
"Jhan has been incredible with getting me through CFA I and II with his knack for simplifying complex concepts. His tricks and workarounds alongside his interactive and fun teaching style gave me hope of passing my exams as well as made me feel more confident in my abilities. I hope to land in one of his classrooms again for Level III!" Bumika
"Jhan's teaching ability is fantastic. He teaches subjects in a clear concise and engaging format. Sharing all the tips and tricks he has picked up over his experience and happily sharing them so we are best able to succeed in exams. His teaching style is captivating, as is his delivery and own understanding of what he is teaching. Absolutely superb" Dan
WHAT I DO:
I help CFA candidates pass the exam through unique methodologies accumulated in a decade of specialized CFA teaching. I teach the best and easiest ways to get around the hardest and most confusing areas of the curriculum in the most effective way possible without drowning under content. I will do more with less and you will be learning through stories, anecdotes, mnemonics, diagrams and the best teaching CFA teaching money can buy.
"Jhan taught me through Level 1 and 2 of the CFA. His ability to distil complex topics into simple ideas, come up with creative (and hilarious) ways to memorize content, and explain great analytical methods for approaching questions was invaluable throughout the learning process. Thanks Jhan!" Tom
WHO I WORK WITH:
CFA candidates feeling a little overwhelmed by the sheer volume of content they have to master and need to know where and how to focus their efforts in the little time remaining
CFA candidates struggling with specific areas like deferred taxes or hypothesis testing or fixed income or derivatives and need a boost.
CFA candidates who started to question their decision but can’t give up now for the great opportunity cost.
CFA candidates wanting to pass the exam in the most efficient and less painful way
Having taught for many years, there is not a top 10 investment bank or asset manager who's employees I haven't taught at some stage or another.
"Jhan was my tutor for both CFA levels I and II. I passed both of these first time and I owe a huge amount to Jhan's teaching techniques. He has tricks and techniques for remembering all parts of the syllabus and his enthusiasm for teaching makes it much easier to grind through the hard work that the CFA requires." Patrick
WHAT MAKES THIS PROGRAM DIFFERENT:
There is a plethora of CFA course note, textbook, question bank, slide-by-slide YouTube videos, forums and apps out there. There are also plenty of Udemy providers providing exhaustive end-to-end solutions. We are not looking to replace or endorse these. Rather, what you get access to is a CFA teaching specialist, a mentor, a truly expert guide who has been teaching CFA to the employees of the world’s largest banks and asset managers, for more than a decade.
All you need is your BA II Plus authorized calculator and some blank paper. You will be constructing your own notes with me, from scratch, using the special techniques and methods that I have refined over the last decade. We will do more with less and you will be learning through stories, anecdotes, mnemonics, diagrams and the best teaching CFA teaching money can buy.
Regardless of your academic background, you will be able to turn your head around some of the most challenging content in the best possible way.
"Jhan was my class tutor was CFA level 2 and is without doubt the best tutor I have had while working toward the CFA charter.
He has an in-depth knowledge of the syllabus and the key areas on which to focus. He helped me to feel extremely comfortable with areas which I had previously struggled with and simplified the way in which to answer questions, by showing me new methods I had not seen before in any text book. He also explained very tricky areas in a clear, understandable way.
Furthermore, he helped me to keep a level of organisation and set tangible study goals for myself along the way, in telling us exactly where we should be by which stage. I found this very useful" Jake