According to an agreement signed recently between the Faculty of Banking, Financial and Insurance Sciences of Università Cattolica and the Italian Association of Financial Analysts and Advisors (AIAF), our graduates in Economics of Markets and Financial Intermediaries and in Banking and Finance (Graduate Degrees) will become full AIAF members as soon as they graduate.
With this agreement, graduates will be admitted as ordinary AIAF members free of charge for the first year and with a reduced fee for the next three. But there is more: for the obtainment of the International CIIA® diploma - Certified International Investment Analyst, this agreement will allow our graduates to be exempted from the Foundation examination and will give them direct access to the Final examination at a reduced cost.
«AIAF focuses on young people» on their training by facilitation their access to the world of work», said Alberto Borgia, President of the Association, which has around 1,000 members working in banks, securities brokerage firms, investment companies, joint-stock companies and independent professional services firms. «With the agreement signed with Università Cattolica, graduates of the Faculty of Financial, Banking and Insurance Sciences can join the Association and obtain access to the Final exam for the International CIIA Diploma certifying their knowledge of financial analysis of which AIAF is the national standard setter».
The Final includes two three-hour written tests. The first examination includes the following subjects: Corporate finance, Economics, Financial Accounting and statement analysis, Equity valuation and analysis. The second examination includes the following subjects: Fixed income valutation and analysis, Derivative valuation and analysis, Portfolio management.
The learing material is in English, while the text of the exam is in Italian. Exams are held twice a year, in March and September.
Graduates will have to sign the appropriate application for admission to the Association accompanied by a self-certification document reporting the final grade, a list of examinations taken, the dates and grades obtained for each individual examination, the number of university credits and the disciplinary areas.
«The Agreement with AIAF will further enrich the offer for our students, considering that these certifications, as a tool for certifying skills, play an increasingly important role in the world of work», explained Elena Beccalli, Dean of the Faculty of Banking, Finance and Insurance Sciences.
[from CattolicaNews - 1 August 2017]