SYSTEMS OF FINANCIAL ANALYSTS TRAINING

MIKHAIL MOKLYACHUK, ROSTYSLAV YAMNENKO AND OLEKSANDR BORYSENKO

Theory of Stochastic Processes Vol.13 (29), no.4, 2007, pp.170–176

A review of different systems of financial analysts training which exist in European countries and the United States of America is proposed. MBA diploma and professional qualification such as Chartered Financial Analyst designation (CFA) in the United States of America, or Certified International Investment Analyst designation (CIIA) in Europe and Asia, are required for financial analysts to get certain level within a firm. We consider in details qualification levels that are offered by the most famous institutions such as Faculty of Actuaries and Institute of Actuarie (UK), Chartered Financial Analyst Institute (USA), Association of Certified International Investment Analysts, Association of Corporate Treasurers (UK). In Ukraine an equivalent international qualification can be obtained in the Training Center for Actuaries and Financial Analysts.

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