Mercury becomes only Sri Lankan listed prep provider for CFA program
Wednesday, 18 March 2015 00:00
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Mercury Institute of Management being the pioneers in bringing tuition for the prestigious Chartered Financial Analyst (CFA) qualification to Sri Lankan students, has now gained the position of being the only CFA Institute listed prep provider for live tuition programs in Sri Lanka.
This recognition is yet another feather in the cap for Mercury that today stands out as one of the leading institutes that provides quality professional education such as being the only platinum status tuition provider for ACCA currently. Mercury has been conducting CFA classes for the past seven years backed by a competent, experienced and profound lecture panel that includes many well-known personalities in the industry such as Saminda Weerasinghe, Buwaneka Bandara, Thilina Ukwatta, Kanishka De Silva and Jayathu Perera who have been instrumental in maintaining higher pass rates. One of the recent successes with their CFA Program classes is gaining a 47% pass rate whilst the current global pass rate is at 44% in the Level 1 December 2014 examination. Today many of their CFA Program students are those that hold leading positions in the industry, contributing much value to the profession through their knowledge and experience.
The CFA program is one of the most widely known and respected investment credentials in the world that provides an excellent foundation to careers in the investment profession and is recognised by employers globally for its high ethical and professional standards. The CFA Program with its three levels of examination verifies a candidate’s ability to apply investment principles across all areas of the investment decision making process, with a minimum time required to clear all the three exams in around 2.5 years.
Both international and local companies have been known to give priority to CFA Program candidates and charter holders when hiring for their finance related positions. As of July 2014, there are 120,000 CFA members in 35 countries. The largest employers of CFA charter holders are JP Morgan, UBS, Bank of America Merrill Lynch and RBC.
At Mercury, size controlled classes provides one-to-one learning programs for students, which in turn aids them in terms of receiving focused lecturer attention. The teaching methods adopted by the institute is based on ‘doing the basics right’, which includes a structured approach in teaching and study methods geared for exam success such as, full coverage of syllabus, focusing in detail on all subject areas and teaching students to interpret questions and tackle them successfully, revision at the end of each session in the form of question and answer session, time management and interactive sessions to allow students to voice their suggestions, ideas or doubts.
The lecture panel will contribute 220 hours of theory and also cover exam oriented questions via an 80 hour revision program. Mercury is also the only institute which provides the CFA calculator free of charge to all students upon enrolment and due to the complex nature of the financial calculator they even provide a special calculator session for all enrolments.
For more information in gaining this prestigious qualification please contact [email protected].