ABC
The ABC (Asset Building Consultant) certificate is an intermediate-level qualification for those staffs at financial institutions who are engaged in asset building consulting. The certificate emphasizes the importance of fiduciary duty and delivers the fundamental knowledge of finance, including the newly expanded tax systems such as NISA (Nippon Investment Savings Account), in the framework of goal-based asset management. It also serves the purpose of promoting financial literacy among the younger generation, particularly university students.
ABC Program and Examination
ABC Program
The ABC Education Program covers the four areas as follows:
- - Fiduciary Duty and Behavioral Finance
- - Fundamentals of Asset Management
- - Portfolio Theory
- - Main Financial Instruments for Asset Building
The text is available, which comprises the following twelve chapters:
- Chapter 1: Know Your Clients, Behavioral Finance and Fiduciary Duty
- Chapter 2: Goal-based Asset Management
- Chapter 3: Asset Allocation and Asset Location
- Chapter 4: Markets for Asset Management
- Chapter 5: Fundamentals of Asset Management
- Chapter 6: Use of Financial Statements
- Chapter 7: Portfolio Theory
- Chapter 8: Capital Asset Pricing Model
- Chapter 9: Stock Investment
- Chapter 10: Bond Investment
- Chapter 11: Foreign Securities Investment
- Chapter 12: Investment Trusts
Short appendices include such topics as basic statistical analysis, derivatives and alternative investments.
ABC Examination
The ABC examination is conducted in a CBT (Computer-based Testing) format with a set of multiple-choice questions (90 minutes). It is available at more than 300 venues in all prefectures every day except for the New Year holiday. The examination result can be confirmed immediately at the CBT exam centers.
To help candidates prepare for the exam, SAAJ offers a workbook of sample questions.
