Note: CMA® Trademark Infringement
To enable candidates to acquire the necessary knowledge and analytical skills to be securities analysts, SAAJ provides correspondence courses leading to examinations, upon successful completion of which and fulfilling certain professional requirements the CMA® designation is awarded. There are two levels. Upon passing the Level II exam and if a candidate has three or more years practical experience in securities analysis, then he/she will be eligible to become a Chartered Member of the Association. (Text/Exam available in Japanese only)
Correspondence Course and Examination Subjects:
| Level I | Economics Financial Accounting and Financial Statement Analysis Securities Analysis and Portfolio Management |
|---|---|
| Level II | Ethics and Standards of Professional Conduct Economics and Market Analysis Corporate Finance and Valuation Securities Analysis and Portfolio Management |
Study Aims and Periods
Level I:
- To obtain the basic knowledge and analytical skills necessary for securities analysis.
- The course starts in June and lasts for eight months with the examination in April and October the following year.
Level II:
- To obtain more advanced knowledge and practical business applications and to learn professional ethics necessary for securities analysts who have passed Level I examinations in three subjects.
- The course starts in August and lasts for nine months with the examination in June the following year.
CMA correspondence course and examination are open to public.
