课程详情

课程目录

• 第1章 前导班
  

  第2课节    考试大纲介绍

  • 1、 2024年CFA二级考纲解读
  
  

  第3课节    计算器使用教程（已熟练可跳过）

  • 1、 1-1 Overview of Calculator Operations
  • 2、 1-2 Overview of Calculator Operations
  • 3、 1-3 Overview of Calculator Operations
  • 4、 2-1 Time-Value-of-Money and Amortization Worksheets
  • 5、 3-1 Cash Flow Worksheet
  • 6、 4-1 Bond Worksheet
  • 7、 5-1 Depreciation Worksheet
  • 8、 6-1 Statistics Worksheets
  • 9、 7-1 Combination and Permutation
  
  
• 第2章 基础班
  

  第2课节    Quantitative Methods

  • 1、 M1 Basic of Multiple Regression and Underlying Assumptions
  • 2、 M2 Evaluating Regression Model Fit and Interpreting Model Results
  • 3、 M3-1 Model Misspecification
  • 4、 M3-2 Model Misspecification
  • 5、 M4-1 Extensions of Multiple Regression
  • 6、 M4-2 Extensions of Multiple Regression
  • 7、 M5-1 Time-Series Analysis
  • 8、 M5-2 Time-Series Analysis
  • 9、 M5-3 Time-Series Analysis
  • 10、 M5-4 Time-Series Analysis
  • 11、 M5-5 Time-Series Analysis
  • 12、 M6-1 Machine Learning
  • 13、 M6-2 Machine Learning
  • 14、 M6-3 Machine Learning
  • 15、 M6-4 Machine Learning
  • 16、 M6-5 Machine Learning
  • 17、 M6-6 Machine Learning
  • 18、 M6-7 Machine Learning
  • 19、 M7-1 Big Data Projects
  • 20、 M7-2 Big Data Projects
  • 21、 M7-3 Big Data Projects
  • 22、 M7-4 Big Data Projects
  
  

  第3课节    Economics

  • 1、M1-1 Currency Exchange Rates- Understanding Equilibrium Value
  • 2、M1-2 Currency Exchange Rates- Understanding Equilibrium Value
  • 3、M1-3 Currency Exchange Rates- Understanding Equilibrium Value
  • 4、M1-4 Currency Exchange Rates- Understanding Equilibrium Value(1)
  • 5、M1-4 Currency Exchange Rates- Understanding Equilibrium Value(2)
  • 6、M1-5 Currency Exchange Rates- Understanding Equilibrium Value
  • 7、M1-6 Currency Exchange Rates- Understanding Equilibrium Value
  • 8、 M1-7 Currency Exchange Rates- Understanding Equilibrium Value
  • 9、 M1-8 Currency Exchange Rates- Understanding Equilibrium Value
  • 10、 M2-1 Economic Growth and investment decision
  • 11、 M2-2 Economic Growth and investment decision
  • 12、 M2-3 Economic Growth and investment decision
  • 13、 M3 Economics of Regulation
  
  

  第4课节    Financial Statement Analysis

  • 1、 M1-1 Classification of Financial Assets and Reclassification
  • 2、 M1-2 Associates and Equity method
  • 3、 M1-3 Transactions with Associates、Fair Value Option、Impairment
  • 4、 M1-4 Acquisition Method
  • 5、 M1-5 Goodwill、Effect of methods on financial ratios、SPE & VIE
  • 6、 M2-1 Overview
  • 7、 M2-2 Share-based compensation
  • 8、 M2-3 Post-Employment Benefits(1)
  • 9、 M2-3 Post-Employment Benefits(2)
  • 10、 M3-1 Foreign currency transactions
  • 11、 M3-2 Translation ，Current rate method and Temporal rate method
  • 12、 M3-3 Translation ，Some special item
  • 13、 M3-4 Exposure to translation，Ratios analysis
  • 14、 M3-5 Translation in a hyperinflationary economy
  • 15、 M3-6 Effective tax rate，Sales growth and EX risk
  • 16、 M4-1 The difference between financial institutions and non-financial institutions
  • 17、 M4-2 CAMELS model，Capital adequacy and Asset Quality
  • 18、 M4-3 CAMELS model，Management capabilities，Earnings sufficiency，Liquidity position，Sensitivity to market risk
  • 19、 M4-4 Insurance Companies，P&C，L&H
  • 20、 M5-1 The quality of financial reports and Potential problems
  • 21、 M5-2 Evaluating financial report quality
  • 22、 M5-3 Evaluation，Beneish Model and Altman Model
  • 23、 M5-4 Evaluating quality of Cash flow statement and Balance sheet
  • 24、 M6 DuPont analysis and Accrual ratio
  • 25、 M7-1 Financial Statement Modeling
  • 26、 M7-2 Financial Statement Modeling
  • 27、 M7-3 Financial Statement Modeling
  
  

  第5课节    Corporate Issuers

  • 1、 M1-1 Dividends
  • 2、 M1-2 Theories of dividend policy and company value
  • 3、 M1-3 Factors
  • 4、 M1-4 Types of dividend policies
  • 5、 M1-5 Share repurchase
  • 6、 M1-6 Analysis of dividend safety
  • 7、 M2-1 Global Variations in Ownership Structures
  • 8、 M2-2 Evaluating Corporate Governance Policies and Procedures
  • 9、 M2-3 Identifying and Evaluating ESG-related Risks and Opportunities
  • 10、 M3-1 Cost of Capital Factors
  • 11、 M3-2 Estimating the Cost of Debt
  • 12、 M3-3 The ERP
  • 13、 M3-4 The Cost of Equity (Required Return on Equity)
  • 14、 M4-1 Corporate Evolution, Actions, and Motivations
  • 15、 M4-2 Evaluating Corporate Restructurings
  • 16、 M4-3 Modeling and Valuation
  
  

  第6课节    Equity Valuation

  • 1、 Introduction
  • 2、 M1-1 Value Definitions and Applications
  • 3、 M1-2 Applications of Equity Valuation(1)
  • 4、 M1-2 Applications of Equity Valuation(2)
  • 5、 M2-1 DDM Formula
  • 6、 M2-2 The Gordon Growth Model
  • 7、 M2-3 Growth Phase, Transitional Phase, And Maturity Phase&Multistage Dividend Discount Models
  • 8、 M2-4 The Financial Determinants of Growth Rates
  • 9、 M3-1 Introduction to Free Cash Flows
  • 10、 M3-2 FCFF and FCFE Valuation Approaches(1)
  • 11、 M3-2 FCFF and FCFE Valuation Approaches(2)
  • 12、 M3-3 Forecasting Free Cash Flow(1)
  • 13、 M3-3 Forecasting Free Cash Flow(2)
  • 14、 M3-4 Free Cash Flow Model Variations
  • 15、 M3-5 Sensitivity Analysis in FCFF and FCFE
  • 16、 M4-1 Price Multiples(1)
  • 17、 M4-1 Price Multiples(2)
  • 18、 M4-1 Price Multiples(3)
  • 19、 M4-2 Enterprise Value To EBITDA&Comparable Method Using Price Multiples
  • 20、 M4-3 Momentum Valuation Indicators&Valuation Indicators- Issues in Practice
  • 21、 M5-1 Concept of Residual Income
  • 22、 M5-2 Residual Income Valuation Model
  • 23、 M5-3 Single-stage Model&Multistage Models
  • 24、 M5-4 Accounting Issues
  • 25、 M6-1 Public vs. Private Company Valuation
  • 26、 M6-2 Private Company Valuation Uses and Areas of Focus
  • 27、 M6-3 Earnings Normalization and Cash Flow Estimation
  • 28、 M6-4 Private Company Discount Rates and Required Rates of Return
  • 29、 M6-5 Valuation Discounts and Premiums
  • 30、 M6-6 Private Company Valuation Approaches
  
  

  第7课节    Fixed Income

  • 1、 M1-1 The Term Structure and Interest Rate Dynamics
  • 2、 M1-2 The Term Structure and Interest Rate Dynamics
  • 3、 M1-3 The Term Structure and Interest Rate Dynamics
  • 4、 M1-4 The Term Structure and Interest Rate Dynamics
  • 5、 M1-5 The Term Structure and Interest Rate Dynamics
  • 6、 M1-6 The Term Structure and Interest Rate Dynamics
  • 7、 M1-7 The Term Structure and Interest Rate Dynamics
  • 8、 M1-8 The Term Structure and Interest Rate Dynamics
  • 9、 M1-9 The Term Structure and Interest Rate Dynamics
  • 10、 M1-10 The Term Structure and Interest Rate Dynamics
  • 11、 M1-11 The Term Structure and Interest Rate Dynamics
  • 12、 M2-1 The Arbitrage-Free Valuation Framework
  • 13、 M2-2 The Arbitrage-Free Valuation Framework
  • 14、 M2-3 The Arbitrage-Free Valuation Framework
  • 15、 M3-1 Valuation and Analysis of Bonds with Embedded Options
  • 16、 M3-2 Valuation and Analysis of Bonds with Embedded Options
  • 17、 M3-3 Valuation and Analysis of Bonds with Embedded Options
  • 18、 M3-4 Valuation and Analysis of Bonds with Embedded Options
  • 19、M3-5 Valuation and Analysis of Bonds with Embedded Options
  • 20、M3-6 Valuation and Analysis of Bonds with Embedded Options
  • 21、M3-7 Valuation and Analysis of Bonds with Embedded Options
  • 22、 M4-1 Credit Analysis Models
  • 23、 M4-2 Credit Analysis Models
  • 24、 M4-3 Credit Analysis Models
  • 25、 M4-4 Credit Analysis Models
  • 26、 M4-5 Credit Analysis Models
  • 27、 M4-6 Credit Analysis Models
  • 28、 M5-1 Credit Default Swaps
  • 29、 M5-2 Credit Default Swaps
  
  

  第8课节    Derivatives

  • 1、 M1-1 Pricing and Valuation of Forward Commitments
  • 2、 M1-2 Pricing and Valuation of Forward Commitments
  • 3、 M1-3 Pricing and Valuation of Forward Commitments
  • 4、 M1-4 Pricing and Valuation of Forward Commitments
  • 5、 M1-5 Pricing and Valuation of Forward Commitments
  • 6、 M1-6 Pricing and Valuation of Forward Commitments
  • 7、 M1-7 Pricing and Valuation of Forward Commitments
  • 8、 M1-8 Pricing and Valuation of Forward Commitments
  • 9、 M1-9 Pricing and Valuation of Forward Commitments
  • 10、 M2-1 Valuation of Contingent Claims
  • 11、 M2-2 Valuation of Contingent Claims
  • 12、 M2-3 Valuation of Contingent Claims
  • 13、 M2-4 Valuation of Contingent Claims
  • 14、 M2-5 Valuation of Contingent Claims
  • 15、 M2-6 Valuation of Contingent Claims
  • 16、 M2-7 Valuation of Contingent Claims
  
  

  第9课节    Alternative Investments

  • 1、 Introduction
  • 2、 M1-1 Commodity Sectors
  • 3、 M1-2 Life Cycle of Commodities(1)
  • 4、 M1-2 Life Cycle of Commodities(2)
  • 5、 M1-3 Valuation of Commodities
  • 6、 M1-4 Commodities Futures Markets- Participants
  • 7、 M1-5 Commodity Spot and Futures Pricing
  • 8、 M1-6 Theories of Futures Returns
  • 9、 M1-7 Components of Futures Returns
  • 10、 M1-8 Commodity Swaps
  • 11、 M1-9 Commodity Indexes
  • 12、 M1-10 Module 1 Summary
  • 13、 M2-1 Real Estate Investment- Basic Forms
  • 14、 M2-2 Characteristics of Real Estate Investment
  • 15、 M2-3 Risk Factors of Real Estate Investment
  • 16、 M2-4 Role of Real Estate in an Investment Portfolio
  • 17、 M2-5 Investment Characteristics of Commercial Property Types
  • 18、 M2-6 Economic Drivers Affecting Real Estate Value
  • 19、 M2-7 Considerations in Analysis and Due Diligence
  • 20、 M2-8 Real Estate Indexes
  • 21、 M2-9 Module 2 Summary
  • 22、 M3-1 Types of Publicly Traded Real Estate Securities
  • 23、 M3-2 Valuation - Net asset value approach
  • 24、 M3-3 Valuation - Relative value (price multiple) approach(1)
  • 25、 M3-3 Valuation - Relative value (price multiple) approach(2)
  • 26、 M3-4 Private vs. Public Real Estate- a comparison
  • 27、 M3-5 Module 3 Summary
  • 28、 M4-1 Classification of Hedge Funds and Strategies
  • 29、 M4-2 Equity Strategies-Long-Short Equity
  • 30、 M4-3 Equity Strategies- Dedicated Short Selling and Short-biased
  • 31、 M4-4 Equity Strategies- Equity Market Neutral
  • 32、 M4-5 Event-driven Strategies- Merger Arbitrage
  • 33、 M4-6 Event-driven Strategies- Distressed Securities
  • 34、 M4-7 Relative Value Strategies- Fixed Income Arbitrage
  • 35、 M4-8 Relative Value Strategies- Convertible Bond Arbitrage
  • 36、 M4-9 Opportunistic Strategies- Global Macro Strategies
  • 37、 M4-10 Opportunistic Strategies- Managed Futures
  • 38、 M4-11 Specialist Strategies- Volatility Trading
  • 39、 M4-12 Specialist Strategies- Reinsurance-Life Settlements
  • 40、 M4-13 Multi-Manager Strategies- Fund-of-Funds
  • 41、 M4-14 Multi-Manager Strategies- Multi-Strategy Hedge Funds
  • 42、 M4-15 Conditional Factor Risk Model
  • 43、 M4-16 Module 4 Summary
  
  

  第10课节    Portfolio Management

  • 1、 M1-1 Exchange-Traded Funds- Mechanics and Applications
  • 2、 M1-2 Exchange-Traded Funds- Mechanics and Applications
  • 3、 M1-3 Exchange-Traded Funds- Mechanics and Applications
  • 4、 M1-4 Exchange-Traded Funds- Mechanics and Applications
  • 5、 M2-1 Using Multifactor Models
  • 6、 M2-2 Using Multifactor Models
  • 7、 M2-3 Using Multifactor Models
  • 8、 M3-1 Measuring and Managing Market Risk
  • 9、 M3-2 Measuring and Managing Market Risk
  • 10、 M3-3 Measuring and Managing Market Risk
  • 11、 M3-4 Measuring and Managing Market Risk
  • 12、 M4 Backtesting and Simulation
  • 13、 M5-1 Economics and Investment Markets
  • 14、 M5-2 Economics and Investment Markets
  • 15、 M6-1 Analysis of Active Portfolio Management
  • 16、 M6-2 Analysis of Active Portfolio Management
  • 17、 M6-3 Analysis of Active Portfolio Management
  • 18、 M7-1 Trading Costs and Electronic Markets
  • 19、 M7-2 Trading Costs and Electronic Markets
  
  

  第11课节    Ethical and Professional Standards（Vita）

  • 1、M1-1 Code of Ethics and Standards of Professional Conduct
  • 2、M2-1 Guidance for Standards I (1)
  • 3、M2-2 Guidance for Standards I (2)
  • 4、M2-3 Guidance for Standards I (3)
  • 5、M2-4 Guidance for Standards I (4)
  • 6、M2-5 Guidance for Standards II (1)
  • 7、M2-6 Guidance for Standards II (2)
  • 8、M2-7 Guidance for Standards III (1)
  • 9、M2-8 Guidance for Standards III (2)
  • 10、M2-9 Guidance for Standards III (3)
  • 11、M2-10 Guidance for Standards III (4)
  • 12、M2-11 Guidance for Standards IV (1)
  • 13、M2-12 Guidance for Standards IV (2)
  • 14、M2-13 Guidance for Standards V (1)
  • 15、M2-14 Guidance for Standards V (2)
  • 16、 M2-15 Guidance for Standards VI (1)
  • 17、M2-16 Guidance for Standards VI (2)
  • 18、M2-17 Guidance for Standards VII
  
  
• 第3章 串讲班
  

  第2课节    Quantitative Methods

  • 1、 M1 Basics of Multiple Regression and Underlying Assumptions
  • 2、 M2 Evaluating Regression Model Fit and Interpreting Model Results
  • 3、 M3 Model Misspecification
  • 4、 M4 Extensions of Multiple Regression
  • 5、 M5 Time-Series Analysis
  • 6、 M6 Machine Learning
  • 7、 M7 Big Data Projects
  
  

  第3课节    Economics（Lucy）

  • 1、M1-1 Bid-Ask Spread
  • 2、M1-2 Cross Rate and Triangular Arbitrage
  • 3、M1-3 Forward contract
  • 4、M1-4 The International Parity Relationships-1
  • 5、M1-4 The International Parity Relationships-2
  • 6、M1-5 FX Carry Trade
  • 7、M1-6 Balance-of-Payments Accounts
  • 8、M1-7 Exchange Rate Determination Models
  • 9、M1-8 Exchange Rate Management
  • 10、M2-1 Preconditions for Growth
  • 11、M2-2 Cobb-Douglas production function
  • 12、M2-3 Other factors affect the economy growth
  • 13、M2-4 Economic Growth Theories
  • 14、M2-5 Convergence debate
  • 15、M3-1 Economic Rational for Regulation
  • 16、M3-2 Classification of Regulations and Regulators
  
  

  第4课节    Financial Statement Analysts

  • 1、M1 Intercorporate Investments
  • 2、M1 Code of Ethics and Standards of Professional Conduct
  • 3、M2 Employee Compensation Post Employment and
  • 4、M2-1 Guidance for Standards I–VII
  • 5、M3 Multinational Operations
  • 6、M2-2 Guidance for Standards I–VII
  • 7、 M4 Analysis of Financial Institutions
  • 8、M2-3 Guidance for Standards I–VII
  • 9、 M5 Evaluating Quality of Financial Reports
  • 10、M6 Integration of Financial Statement Analysis
  • 11、 M7 Financial Statement Modeling
  
  

  第5课节    Corporate Issuers

  • 1、 M1 Analysis of Dividends and Share Repurchases
  • 2、 M2 Environmental, Social, and Governance (ESG) Considerations in Investment Analysis
  • 3、 M3 Cost of Capital- Advanced Topics
  • 4、 M4 Corporate Restructuring
  
  

  第6课节    Equity Investments

  • 1、M1 Equity Valuation：Applications and Processes
  • 2、M2 Discounted Dividend Valuation
  • 3、 M3 Free Cash Flow Valuation
  • 4、M4 Market-Based Valuation：Price and Enterprise Value Multiples
  • 5、 M5 Residual Income Valuation
  • 6、M6 Private Company Valuation
  
  

  第7课节    Fixed Income (ken)

  • 1、固定收益串讲-1
  • 2、固定收益串讲-2
  • 3、固定收益串讲-3
  • 4、固定收益串讲-4
  • 5、固定收益串讲-5
  
  

  第8课节    Derivatives

  • 1、 M1-1 Pricing and Valuation of Forward Commitment
  • 2、 M1-2 Pricing and Valuation of Forward Commitment
  • 3、 M2-1 Valuation of Contingent Claims
  • 4、 M2-2 Valuation of Contingent Claims
  
  

  第9课节    Alternative Investments

  • 1、M1- Introduction to commodities and commodity derivatives-1
  • 2、M1- Introduction to commodities and commodity derivatives-2
  • 3、M2- Overview of Types of Real Estate Investment
  • 4、M3 - Hedge Fund Strategies-1
  • 5、M3 - Investments in Real Estate Through Publicly Traded Securities-1
  • 6、M3 - Investments in Real Estate Through Publicly Traded Securities-2
  • 7、M4 - Hedge Fund Strategies-1
  • 8、M4 - Hedge Fund Strategies-2
  
  

  第10课节    Portfolio Management and Wealth Planning

  • 1、 M1 Exchange-Traded Funds- Mechanics and Applications
  • 2、 M2 Using Multifactor Models
  • 3、M3 Measuring and Managing Market Risk
  • 4、 M4 Backtesting and Simulation
  • 5、 M5 Economics and Investment Markets
  • 6、 M6 Analysis of Active Portfolio Management
  • 7、 M7 Trading Costs and Electronic Markets
  
  

  第11课节    Ethical and Professional Standards（Vita）

  • 1、M1 Code of Ethics and Standards of Professional Conduct
  • 2、M2-1 Guidance for Standards I–VII
  • 3、M2-2 Guidance for Standards I–VII
  • 4、M2-3 Guidance for Standards I–VII
  
  
• 第4章 百题班
  

  第2课节    Quantitative Methods

  • 1、数量冲刺-1
  • 2、 数量冲刺-2
  
  

  第3课节    Economics（Lucy）

  • 1、1 - Alice Phan Case Scenario
  • 2、2 - Camille Berger Case Scenario
  • 3、3 - Brynn Newhart Case Scenario
  • 4、4 - Charles Hollingsworth Case Scenario
  
  

  第4课节    Financial Statement Analysis

  • 1、财报冲刺-1
  • 2、财报冲刺-2
  • 3、财报冲刺-3
  
  

  第5课节    Corporate Issuers

  • 1、公司金融冲刺-1
  • 2、公司金融冲刺-2
  • 3、公司金融冲刺-3
  • 4、公司金融冲刺-4
  
  

  第6课节    Equity Valuation

  • 1、 权益冲刺-1
  • 2、权益冲刺-2
  • 3、权益冲刺-3
  • 4、权益冲刺-4
  
  

  第7课节    Fixed Income (ken)

  • 1、 固定收益冲刺-1
  • 2、 固定收益冲刺-2
  • 3、 固定收益冲刺-3
  • 4、 固定收益冲刺-4
  • 5、固定收益冲刺-5
  • 6、固定收益冲刺-6
  
  

  第8课节    Derivatives

  • 1、 Case1：Q1-Q4
  • 2、 Case2：Q5-Q8
  • 3、 Case3：Q9-Q12
  • 4、 Case4：Q13-Q16
  
  

  第9课节    Alternative Investments

  • 1、另类冲刺-1
  • 2、另类冲刺-2
  • 3、另类冲刺-3
  • 4、另类冲刺-4
  
  

  第10课节    Portfolio Management

  • 1、 组合管理冲刺-1
  • 2、 组合管理冲刺-2
  
  

  第11课节    Ethical and Professional Standards（Vita）

  • 1、道德冲刺班-1
  • 2、道德冲刺班-2
  • 3、道德冲刺班-3
  • 4、道德冲刺班-4
  • 5、道德冲刺班-5
  • 6、道德冲刺班-6