cfa charter awarding ceremony 2013 files...cfa society czech republic cfa institute’s mission...

CFA CHARTER AWARDING CEREMONY 2013

28 November 2013

Marek Jindra, CFA, FCCA, ASA - President

CFA Society Czech Republic

Who we are

• Not-for-profit organization, one of 138 member societies of CFA Institute

• Serving CFA Charterholders and CFA Program candidates locally since May 2002

• Growing even at uneasy times (134 members and 887 candidates in the Czech Republic and Slovakia as at November 2013)

• www.czechcfa.cz

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Board of Directors

► Marek Jindra, CFA, FCCA - President

► Jan Brázda, CFA - Vice President , IT Chair

► Jana Jandová, CFA – Treasurer

► Tom Fencl, CFA – Employer Outreach

► Martin Fischer, CFA – Programming Chair

► Olga Kuiper – Membership Chair

► Matěj Turek, CFA – University Outreach

► Lubomír Vystavěl, CFA – Advocacy Chair

Executive Director

► Petra Roberts, CFA

Advisory Committee of Past Presidents

► Lukáš Brych, CFA, FCCA, Past President

► Michal Mareš, CFA, Past President

► George Formandl, CFA, Past President

► Tanweer Ali, CFA, Past President

Opening Summary

CFA SOCIETY CZECH REPUBLIC

http://www.czechcfa.cz/


CFA Institute’s Mission

• “To lead the investment profession globally by promoting the highest standards of ethics, education

and professional excellence for the ultimate benefit of society.”

Current Status

• 60+ years tradition

• More than 117 000 members, out of which 109 500 are CFA Charterholders

• The membership has grown nearly eightfold since 1990 when CFA Institute had 15 000 members

mostly in the US

• Span 141 countries and territories. Growing membership in Asia and Europe in particular.

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CFA INSTITUTE

Our Global Partner


CFA INSTITUTE MEMBERS

By Regions

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CFA PROGRAM CANDIDATES

By Regions

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Our Global Parent

CFA Institute’s Mission

• “To lead the investment profession globally by promoting the highest standards of ethics, education

and professional excellence for the ultimate benefit of society.”

Current Status

• 60+ years tradition

• More than 117 000 members, out of which 109 500 are CFA Charterholders

• The membership has grown nearly eightfold since 1990 when CFA Institute had 15 000 members

mostly in the US

• Span 141 countries and territories. Growing membership in Asia and Europe in particular.

► About the CFA Program

• Only 1/5 of enrolled candidates complete the program and earn the CFA designation

• Perceived as the most rigorous professional qualification in the investment industry

• As such it has become the most respected and recognized investment credential in the world

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CFA INSTITUTE


What Media Tell About Us

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ABOUT THE CFA DESIGNATION

“Whereas there are tens of thousands of finance degrees available around the

world, ranging from the excellent to the worthless, there is only one CFA, managed

and examined by American Association of finance professionals, the CFA Institute.

It used to be just an American qualification. But explosive growth has made it, in

effect, global currency.”

The Economist, Feb. 26-March 5, 2005

“Among the countless degrees around the world,

the Chartered Financial Analyst qualification

has become the gold standard.”

Financial Times, August 13, 2010


MEMBER DEMOGRAPHICS*

Our Local Member Base

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Members by Country

Czech Republic 101

Slovakia 22

United Kingdom 4

USA 2

France 1

Italy 1

Luxembourg 1

Poland 1

Switzerland 1

Total Members 134

Top 8 Employers

EY 10

Erste Group Bank AG 9

Československá obchodní banka (CSOB) 9

Generali Group 5

ING Group 5

Societe Generale 5

KPMG 4

Czech National Bank 4

Total 18 employers with two and more CFA Charterholders

Chief-Level Executive

14%

Portfolio Manager

13%

Research Analyst

9%

Consultant9%

Investment Banking Analyst

9%

Financial Advisor8% Corporate

Financial Analyst7%

Risk Manager4%

Relationship Manager

2%

Other21%

Not Provided/Unempl

oyed4%

CFA Society Czech Republic has 134 members with 95% of them holding the CFA designation

0%

10%

20%

30%

40%

26 - 30 31 - 35 36 - 40 41 - 45 46 - 50 51 - 55

Members by Age Distribution Members by Position

*Data as of November 2012, Data from 1994 till 2002 represents number of CFA Charterholders

in the Czech Republic and Slovakia


CANDIDATE DEMOGRAPHICS*

Candidate Base

9

Candidates by Country

Czech Republic 546

Slovakia 333

USA 2

Austria 1

Hungary 1

Italy 1

United Kingdom 1

Total Candidates 885

Top 8 Employers

EY 51

Erste Group Bank AG 48

Tatra banka Group 30

Deloitte 27

KPMG 26

PricewaterhouseCoopers 24

Swiss Re 23

Československá obchodní banka (CSOB) 23

Total 21 employers with two and more CFA Candidates

Candidates by their Studies

1L Candidate13%

1L Passed49%

2L Candidate6%

2L Passed22%

3L Candidate4%

3L Passed6%

CFA Society Czech Republic has 885 CFA Candidates aiming for the CFA Charter

Accountant/Auditor

3%Chief-Level Executive

2%

Consultant10%

Corporate Financial Analyst

11%Financial Advisor

3%

Investment Banking Analyst

3%

Other10%

Portfolio Manager5%

Relationship Manager

4%

Research Analyst6%

Risk Manager5%

Students & Unemployed

38%

Candidates by Position

*Data as of November 2012, Data from 1994 till 2002 represents number of CFA Candidates in

the Czech Republic and Slovakia


THE CFA SOCIETY IN 2013

Society Excellence Award 2013

Awarded by CFA Institute to recognize the CFA Society CR for its outstanding work in Outreach

Engagement in 2013

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Achievements




Engagement in 2013

►University Recognition Program

The Charles University – IES has become the first university in the CR to be accepted and recognised in

the University Recognition Program.

Two other universities (VSE’s 1st Faculty and the Anglo-American University) are aspiring to be accepted

in the University Recognition Program too.

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Achievements




Engagement in 2013

University Recognition Program


the University Recognition Program

►CFA JobLine

Job postings by top employers seeking CFA charterholders and CFA Program candidates as specialists

with high professional and ethical standards

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New Initiatives


NEW INITIATIVES & EVENTS 2013


awarded by CFA Institute to recognize the CFA Society CR for its outstanding work in Outreach

Engagement in 2013

CFA JobLine

Job postings by top employers, society partners and headhunting firm Constellation seeking CFA

charterholders and CFA Program candidates as specialists with high professional and ethical standards;

official launch on 5 December 2012


three universities (VSE, UK, AAU) have committed themselves to include the CFA Program curriculum

into their study programs

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Engagement in 2013



the University Recognition Program

►New Society Newsletter

As the society became more active in recent years launching a number of new initiatives and events, the

need for a society newsletter became overwhelming.

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New Initiatives




Engagement in 2013




CFA JobLine


with high professional and ethical standards; official launch on 5 December 2012

►GIPS country co-sponsorship with AKAT

• The CFA Society and AKAT became the country co-sponsors for GIPS in the CR

• Promotion of the Asset Manager Code of ethics among AKAT’s regular members

• Planned event on GIPS in March 2014 (TBC)

• The CFA Society became AKAT’s associated member

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New Initiatives




Engagement in 2013




CFA JobLine



GIPS country co-sponsorship with AKAT

The CFA Society and AKAT became the country co-sponsors for GIPS in the CR

►Partnerships and/or joint events with CVCA, ACCA, AKAT, the US Embassy

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New Initiatives




Engagement in 2013




CFA JobLine





Partnerships and joint events with CVCA, ACCA, AKAT, the US Embassy

►First event in Slovakia – planned for early March 2014 (TBC)

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New Initiatives




Engagement in 2013




CFA JobLine





Partnerships and joint events with CVCA, ACCA, AKAT, the US Embassy

First event in Slovakia – planned for early March 2014 (TBC)

►Our Society plans to host the CEE Investment Conference in Prague in 2015!

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New Initiatives

CFA Society Czech Republic 19

VISIT OUR REDESIGNED WEBSITE

www.czechcfa.cz



WE WOULD LIKE TO THANK

OUR SPONSORS

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Media Partner Event Sponsor

Society Sponsors


WELCOME TO THE FAMILY

Congratulation to New CFA Charterholders (14)

Michala Antonínová, CFA Michal Skřivánek, CFA

Štepán Flieger, CFA

Phillip Tencick, CFA

Jan Trubáček, CFA

Miroslav Holan, CFA Aleš Tůma, CFA

Jiří Hrouda, CFA Milan Války, CFA

Pavol Oravec, CFA

Ondřej Pernica, CFA

Patrick Vyroubal, CFA

Alexander Serebryakov, CFA Juan Pablo Restrepo Mejia, CFA

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WELCOME TO THE FAMILY

Pending CFA Charterholders (8)

Ján Honzo

Lukáš Mazal

Vladimír Mlýnek

Matůš Kubala

Ludovít Rybár

Martin Kopecký

Adam Bartnicki

Katarina Scecinová

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CFA Society Czech Republic 23

CFA Society Czech RepublicKarlovo náměstí 10

120 00 Praha 2

Czech Republic

e-mail: [email protected]

www.czechcfa.cz


cfa charter awarding ceremony 2013 files...cfa society czech republic cfa institute’s mission...

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