BEGIN:VCALENDAR VERSION:2.0 PRODID:-//CFA Society New York - ECPv6.0.13.1//NONSGML v1.0//EN CALSCALE:GREGORIAN METHOD:PUBLISH X-ORIGINAL-URL:https://cfany.org X-WR-CALDESC:Events for CFA Society New York REFRESH-INTERVAL;VALUE=DURATION:PT1H X-Robots-Tag:noindex X-PUBLISHED-TTL:PT1H BEGIN:VTIMEZONE TZID:America/New_York BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20210314T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20211107T060000 END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTART;TZID=America/New_York:20210226T130000 DTEND;TZID=America/New_York:20210226T170000 DTSTAMP:20260717T123818 CREATED:20210115T204131Z LAST-MODIFIED:20210324T204738Z UID:65564-1614344400-1614358800@cfany.org SUMMARY:PowerPoint 5x Speed Training for Finance & Consulting - Wall Street Prep DESCRIPTION:Stop Wasting So Much Time in PowerPointJob-focused PowerPoint Speed Training \nThis is not a typical Powerpoint feature walkthrough: This workshop focuses entirely on how to use PowerPoint on the job in order to build killer presentations FAST. \nLoads of PPT Strategies\, Tips & Tricks \nYou will learn a systematic\, repeatable system to quickly build content using the core building blocks of professional presentations: shapes\, lines and text boxes. \nShortcut Everything \nLearn how to leverage 4 types of keyboard shortcuts in order to fast track everything you do in PowerPoint. \n\n\n\nCFANY.org: $319.20Standard Rate: $399 Boot Camp DetailsOverview\n\nInvestment bankers and consultants use PowerPoint differently than most. A single IB or consulting slide may contain more analysis and strategy than an entire sales presentation\, and the fast pace under deadline means slides must be setup with an easy-to-work-with flexibility. Our PowerPoint Speed Training Boot Camp teaches finance professionals\, consultants and ANYONE who uses PowerPoint the strategies and techniques they need to build better decks with lightning-fast efficiency. \n\nVirtual Training Sign-In and Setup\n\nInstructions on signing into this virtual session will be sent to you prior to the event date. Learn about technical details and more at our Virtual Training FAQ. \n\nSchedule\n\nThis virtual training session is scheduled for 1-5p (ET). The session will use interactive exercises as learners move back and forth between classroom lecture and small group breakout rooms. \n\nPrerequisites\n\nThis seminar is designed for both PowerPoint beginners or experienced users looking to get even faster. \n\nCPE Credit\n\nWall Street Prep is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org. \n\nCancellation Policy\n\nParticipants may cancel up to 3 weeks prior to the event for a full refund. A 20% cancellation fee will apply up to 1 week prior to the event. No refunds will be granted for cancellations made within 1 week of the event. Wall Street Prep reserves the right to cancel the seminar if enrollment is insufficient. Trainees will be refunded in full in the event of a cancellation. \n\nBoot Camp DetailsOverviewScheduleWhat's Included?Overview\nLed by experienced sell-side professionals\, this boot camp is an introduction on how equity research professionals use financial models to provide research & insights in order to drive investment decisions. Specifically\, trainees will learn how ER professionals use earnings releases and quarterly model updates\, how they formulate investment theses\, adjustments made to normalize financial metrics to arrive at adjusted EBITDA\, and modeling best practices. \nWhat You’ll Learn\n\n\nUnderstand various factors that make up investment thesis.\nLearn how to approach earnings releases and quarterly model updates.\nGain practice in analyzing earnings reports and normalizing them to arrive at adjusted EBITDA.\nLearn how to adjust quarterly models and “wrap” quarterly into annual forecasts while handling reconciliation challenges.\nResearch considerations\n\nTypes of reports research professionals develop\nTypical research workflow around earnings releases and quarterly model updates\n\n\nResearch process\n\nFormulating of investment thesis\nDeveloping research best practices\n\n\nAnalysis of earnings reports\n\nMoving from extraction of key financial metrics to the normalization of financial metrics and adjusted EBITDA\n\n\nQuarterly model considerations\n\nAdjustments to quarterly models\n“Wrapping” quarterly into annual forecasts and handling reconciliation challenges\n\n\n\n\nSchedule\nThis virtual training session is scheduled for 1-5p (ET). The session will use interactive exercises as learners move back and forth between classroom lecture and small group breakout rooms. \nWhat's Included?\nComprehensive training materials\, reusable modifiable Excel model templates\, unlimited e-mail support for content-related questions for 12 months post-seminar. \nWho Is This Boot Camp For?\nSell-side analysts and associates\nBuy-side analysts and associates\nMBA students and business undergraduates\nAnyone looking to get a better understanding of research URL:https://cfany.org/event/powerpoint-5x-speed-training-for-finance-consulting-wall-street-prep/ LOCATION:Virtual Only CATEGORIES:CFA Society NY Event,Other Industry Event,Other Industry Events,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210301T180000 DTEND;TZID=America/New_York:20210301T190000 DTSTAMP:20260717T123818 CREATED:20210105T222335Z LAST-MODIFIED:20210129T212911Z UID:65426-1614621600-1614625200@cfany.org SUMMARY:Duke Endowment: A Look Forward DESCRIPTION:OverviewA virtual Asset Owner Series™ event \nEvan Jones\, CFA\, Head of Direct Investments of DUMAC (Duke University’s endowment) will be interviewed by Daniel Fridson\, McCarvill Capital Partners. \nCFA Society New York is thrilled to welcome CAIA members and members of other societies. Please register with CAIA or via your respective local society to secure your place at our upcoming webinars. \nAgenda6:00 PM | WELCOMING REMARKS \n\nAntonio Rodriguez\, CFA\, Director of Investment Strategy\, NYC Board of Education Retirement System \n\n\n6:05 PM | INTERVIEW\, DISCUSSION \n\nInterviewer\nDaniel Fridson\, Senior Advisor\, McCarvill Capital Partners \n\n\nInterviewee\nEvan Jones\, CFA\, Head of Direct Investments\, Duke University Management Company \n\n\n7:00 PM |  CLOSING REMARKS & ADJOURNMENT \n\nBrittany Priester\, CFA\, CIO\, Belk Gambrell Enterprises \n\nAdditional DetailsAreas of Focus \n\nAsset Allocation\nManager Search and Selection\nESG URL:https://cfany.org/event/a-look-forward-with-the-head-of-dukes-endowment/ LOCATION:Virtual Only CATEGORIES:AOS Virtual Keynotes,Asset Owner Series,CFA Society NY Event,Conference / Seminar,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210301T180000 DTEND;TZID=America/New_York:20210301T193000 DTSTAMP:20260717T123818 CREATED:20201109T175321Z LAST-MODIFIED:20201109T175358Z UID:64474-1614621600-1614627000@cfany.org SUMMARY:Veterans Roundtable Group Meeting DESCRIPTION:Group DescriptionThe Veterans Committee of CFA Society New York\, (a.k.a. Veterans Roundtable) is a special interest group dedicated to supporting prior military service members through professional networking and finance education. Our mission is to establish the foundations from which military veteran members may better achieve leading positions in the financial world. We promote CFA Society New York and CFA Institute programs\, while also being highly active in NYC regional and national-level veteran clubs and affairs. By being active supporters and participants in other veteran organizations\, we are able leverage their networks\, and broaden the reach of CFA Society New York and CFA Institute. Why have such a group? The ethical standards promoted throughout military services worldwide align with Code of Ethics and Standards of Professional Practice of the CFA Institute. Part of what attracts future generations of leaders to the military services is robust support groups that empower access the fullest range of post-military career options\, including the highest levels of finance. Our membership is open to CFA Society New York members\, CFA Charterholders\, CFA program participants\, active duty military service members\, and interested persons dedicated to CFA Institute mission and values. We aim to meet at least six times a year for meetings/socials\, hold a minimum of two CFA Society New York programming events per year\, and actively participate in other veteran organizations at least six times per year.This event will explore the issues of compensation and talent management from the firm perspective. Companies need to understand how to recruit and retain the best talent\, especially in an increasingly tight job market with outside industries such as Tech competing for people once destined for Finance. Owners also need to understand how important company culture\, diversity\, and inclusion is to the mandate of institutional investors. \nJoin Group URL:https://cfany.org/event/veterans-roundtable-group-meeting-4/ LOCATION:Virtual Only CATEGORIES:CFA Society NY Event,Committee Meeting,Free for Members,Group Meeting,Interest Group Meetings,Veterans,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210302T120000 DTEND;TZID=America/New_York:20210302T130000 DTSTAMP:20260717T123818 CREATED:20210127T164909Z LAST-MODIFIED:20210127T184349Z UID:65782-1614686400-1614690000@cfany.org SUMMARY:Centennial Speaker Series: Kevin R. Mirabile on Exotic Alternative Investments DESCRIPTION:OverviewA co-sponsored event\, presented by CFA Society New York\, the Gabelli Center for Global Security Analysis\, and the Museum of American Finance \nJoin us for a discussion with Kevin R. Mirabile\, author of Exotic Alternative Investments: Standalone Characteristics\, Unique Risks and Portfolio Effects (Anthem Press\, 2021). In the book\, Mirabile evaluates exotic alternative investment opportunities\, such as life settlements\, litigation funding\, farmlands\, royalties\, weather derivatives\, collectibles\, and other unique asset classes\, providing an in-depth analysis of the returns\, risks\, opportunities\, and portfolio effects for anyone who wants to expand their investment horizons. \nThis book—written for individual investors\, financial advisors\, and academics who desire knowledge about investment products beyond just stocks and bonds or vanilla hedge funds\, private equity\, and real estate investments—provides a critical link to industry data and original research that supports the case for adding exotic alternative investments to traditional portfolios. \nAn excellent tool for practitioners wishing to understand the rationale and impact of allocating capital to these exotic and less-understood investment opportunities\, the book includes an analysis of returns and risk from a wide range of direct investments in individual exotic asset classes\, as well as from investing in public shares and exchange-traded funds. It also includes a section on how these exotic investments performed relative to both traditional and alternative investments\, such as hedge funds\, both before and after the spring 2020 market crash. \nAgenda12:00 PM | WELCOMING REMARKS \n\nDonna Rapaccioli\, Dean of the Gabelli School of Business\, Fordham University \n\n\n12:08 PM | FIRESIDE CHAT \n\nModerated by Dean Rapaccioli and Professor Sris Chatterjee \nKevin R. Mirabile\, Author\, Exotic Alternative Investments: Standalone Characteristics\, Unique Risks and Portfolio Effects \n\n\n12:45 PM | AUDIENCE Q&A \n\n1:00 PM |  CLOSING REMARKS \n\nDonna Rapaccioli\, Dean of the Gabelli School of Business\, Fordham University \n\nCo-Sponsored By URL:https://cfany.org/event/centennial-speaker-series-kevin-r-mirabile-on-exotic-alternative-investments/ LOCATION:Virtual Only CATEGORIES:CFA Society NY Event,Other Industry Event,Other Industry Events,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210302T130000 DTEND;TZID=America/New_York:20210302T140000 DTSTAMP:20260717T123818 CREATED:20210219T190825Z LAST-MODIFIED:20210226T151347Z UID:66212-1614690000-1614693600@cfany.org SUMMARY:Alternatives Market Outlook DESCRIPTION:OverviewThe alternative assets industry has continued to grow and is now a mainstay of the modern investment landscape. Example strategies include private equity\, hedge funds\, real estate\, infrastructure\, private debt\, venture capital and more esoteric aspects such as cryptocurrency. Market volatility\, record low rates and a search for potentially attractive risk adjusted return profiles continues to drive the alternatives landscape. In addition\, once seen as only available to premier investors such as pensions\, foundations & endowments and other institutions\, recent regulatory change has sought to expand the reach of alternative assets into the more retail community. \nAs such\, the alternatives industry is expected to continue its rapid expansion and improvement driven by technology\, increasing global competition\, a focus on diversity and inclusion as well as other factors. \nLeading experts in this field will discuss the history\, growth trajectory and opportunities in the alternatives space. \nAgenda1:00 PM | WELCOMING REMARKS \n\nStephan Connelly\, CFA\, Director\, Star Mountain Capital\, Co-Chair of the Alternatives Investment Group\, CFA Society NY \n\n\n1:05 PM | PANEL DISCUSSION \n\nModerator \nJohn Bowman\, CFA\, Senior Managing Director\, CAIA Association \nPanelist \nAmy McGarrity\, CFA\, Chief Investment Officer\, Colorado PERA \nStephen Moseley\, Deputy CIO\, Head of Private Markets and Alternative Investments\, Alaska Permanent Fund \nSean Ward\, Managing Director\, Dyal Capital Partners \n\n\n1:45 PM |  Q&A \n\n2:00 PM | CLOSING REMARKS & ADJOURNMENT \n\nAnna Sembos\, PhD\, CFA\, Managing Director\, CIFC Asset Management\, Co-Chair of the Alternatives Investment Group\, CFA Society NY \n\nAdditional DetailsLearning Outcomes \n\nLearn about the history and different components of alternative investments\nDiscuss the changing landscape of this asset class driven by recent economic activity and other large scale drivers such as technology and global competition. \nDiscuss the outlook for the industry and where opportunities may be available URL:https://cfany.org/event/alternatives-market-outlook/ LOCATION:Virtual Only CATEGORIES:Alternative Investments,CFA Society NY Event,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210302T180000 DTEND;TZID=America/New_York:20210302T193000 DTSTAMP:20260717T123818 CREATED:20210121T160025Z LAST-MODIFIED:20210301T185735Z UID:65658-1614708000-1614713400@cfany.org SUMMARY:Fintech Leadership Group Meeting DESCRIPTION:Group DescriptionThe mission of the Fintech Thought Leadership Group is to provide information and insight to keep members abreast of innovation and technology that will impact their business. Fintech is the technology that is driving the transformation of the financial services industry. From digital advice and blockchain to alternative data and artificial intelligence\, the group’s goal to ensure CFA Society New York members have a forward looking perspective. \nTopic covered: Et Tu\, Goldman? The Battle for Retail Investors \n\nThis group will: \n\nDevelop programs and other initiatives to keep CFA Society New York members informed of cutting edge Fintech innovation relevant to their profession and the financial services industry.\nCollaborate with other CFA Society New York leaderships groups\, the CFAI and other stakeholders to address Fintech related issues impactful to members of the investment community.\nFacilitate discussion and thought leadership within the committee and by engaging with leaders in the greater FinTech ecosystem.\n\n\nJOIN THIS GROUP URL:https://cfany.org/event/fintech-leadership-group-meeting-8/ LOCATION:Virtual Only CATEGORIES:CFA Society NY Event,Committee Meeting,Fintech Thought Leadership Group,Free for Members,Group Meeting,Interest Group,Interest Group Meetings,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210303T140000 DTEND;TZID=America/New_York:20210303T150000 DTSTAMP:20260717T123818 CREATED:20210127T000525Z LAST-MODIFIED:20210303T223910Z UID:65762-1614780000-1614783600@cfany.org SUMMARY:Case Studies of Gaming Performance DESCRIPTION:OverviewDo those performance results look too good to be true? Join CFA Society New York for an informative one-hour discussion led by an industry expert\, which will tackle the “gaming” of investment performance results and identify ways to recognize potential problems in performance reporting. \nThe discussion will include how “gaming” investment performance results has been used in the past to artificially improve performance appearance\, how it can be detected and how the CFA Institute’s Global Investment Performance Standards (GIPS®) plays a role in mitigating “gaming.” Attendees will learn what to look for when analyzing reported investment performances and explore the best ways to achieve fair\, accurate representation of key strategic decisions. \nAgenda2:00 PM | WELCOMING REMARKS \n\nJed Schneider\, CIPM\, FRM\, SVP\, Investment Performance Reporting\, Lazard Asset Management \nJohn Matsikas\, CFA\, CIPM\, SVP – Investment Performance\, Voya Investment Management; Co-Chair of the Performance & Risk Analytics Group\, CFA Society New York \n\n\n2:05 PM | KEYNOTE SPEAKER \n\nDr. David Spaulding\, DPS\, CIPM\, Founder & CEO\, The Spaulding Group\, Inc. \n\n\n2:45 PM | Q&A \n\n3:00 PM |  CLOSING REMARKS & ADJOURNMENT \n\nJed Schneider\, CIPM\, FRM\, SVP\, Investment Performance Reporting\, Lazard Asset Management \n\nAdditional DetailsLearning Outcomes \n\nUnderstand different ways to present strategy performance\nLearn how GIPS is designed to ensure fair and representative performance URL:https://cfany.org/event/case-studies-of-gaming-performance/ LOCATION:Virtual Only CATEGORIES:CFA Society NY Event,Conference / Seminar,Performance & Risk Analytics,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210303T180000 DTEND;TZID=America/New_York:20210303T193000 DTSTAMP:20260717T123818 CREATED:20201130T235720Z LAST-MODIFIED:20210223T153809Z UID:64871-1614794400-1614799800@cfany.org SUMMARY:Performance & Risk Analytics Group Meeting DESCRIPTION:Group DescriptionThe Performance & Risk Analytics Group (PRAG) brings together investment performance measurement & investment risk management professionals engaged in the asset management industry. It’s diverse membership consists of\, but is not limited to\, practitioners from asset management firms\, as well as service & software providers. The group meets on a monthly basis to discuss relevant topics and provides networking and continuing education opportunities through its planned events \nThis group meeting\, we will focus on Risk  \nJOIN THIS GROUP URL:https://cfany.org/event/performance-risk-analytics-group-meeting-4/ LOCATION:Virtual Only CATEGORIES:CFA Society NY Event,Free for Members,Interest Group,Interest Group Meetings,Other Industry Event,Performance & Risk Analytics,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210305T120000 DTEND;TZID=America/New_York:20210305T133000 DTSTAMP:20260717T123818 CREATED:20201209T231417Z LAST-MODIFIED:20210226T195606Z UID:65173-1614945600-1614951000@cfany.org SUMMARY:Quantitative Investing Group Meeting DESCRIPTION:OverviewIn collaboration with the Sustainable Investing Group. \nTopic: Towards Green Alpha: Analyzing ESG Exposures Through a Factor Lens \nUsing data on 1\,312 US equity active mutual funds with $3.9 trillion in AUM\, we analyze the link between funds’ “bottoms up” holdings-based environmental\, social\, and governance (“ESG”) scores and funds’ active returns\, style factor loadings\, and alphas. We find that funds with high ESG scores do have different profiles of factor loadings than low-scoring ESG funds. In particular\, funds with high Environmental scores tend to have high quality and momentum factor loadings. In partitioning the ESG scores into components that are related to factors (Factor ESG) and idiosyncratic components (Idiosyncratic ESG)\, we find strong positive relations between fund alphas and Factor ESG scores. \nQuantitative Investing Group×Quantitative Investment Group\nThe Quantitative Investing Group brings together professionals seeking to incorporate cutting edge quantitative investment techniques and alternative data sets in their investing and risk processes. Members include (but are not limited to) discretionary and systematic portfolio managers\, risk managers\, traders and fundamental analysts\, data strategists\, quantitative researchers\, and others. The topic covered range from quantitative alpha generation\, big data as well as alternative datasets\, quantamental signals i.e. the intersection of fundamental analysis and quantitative decision making\, mathematical and statistical aspects of modern quantitative analysis\, use of programming languages or quant tools\, Natural Language Processing\, machine learning for investing and risk management\, theory and implementation of AI in finance and more. \nJoin Group  \nCloseSustainable Investing Group×Sustainable Investing Group\nThe Sustainable Investing Thought Leadership Group provides a forum to advance the dialogue regarding the role of sustainable investing in today’s capital markets and beyond.\n\n\nIn particular\, the Group directs its attention to furthering an understanding and clarifying the risks and opportunities linked to environmental\, social and governance (ESG) issues\, and how to quantify these considerations over the short and long-term in a way that permits such factors to be integrated into investment strategies and decision making across a variety of asset classes\, including both liquid and illiquid segments of the market. \nFurther\, the group will focus on understanding trends and developments in this sphere and engaging as well as partnering with industry practitioners\, thought leaders and other relevant organizations\, including\, for example\, the CFA Society\, governmental agencies and academic institutions. This will be achieved by organizing regular events\, panel discussions and symposiums intended to promote a dialogue\, educate mainstream investors and improve the understanding of how and in what way ESG considerations affect investment decision making and outcomes. \n\n \nCloseGuest SpeakerAndrew Ang\, PhD\, Managing Director\, Head of Factor Based Strategies at BlackRock  \n Andrew Ang\, PhD\, Managing Director\, coordinates BlackRock’s efforts in factor investing. He leads BlackRock’s Factor-Based Strategies Group which manages macro and style factor multi-asset funds. The group optimizes factors to help meet investment outcomes\, such as retirement savings\, factor advisory mandates and bespoke factor solutions\, and develops factor analytics tools leveraging BlackRock’s Aladdin platform.\n \nThroughout his career\, Dr. Ang has focused on identifying and harvesting factor risk premiums within and across asset classes. Before joining BlackRock in 2015\, Dr. Ang was Chair of the Finance and Economics Division and the Ann F. Kaplan Professor of Business at Columbia Business School. He has published widely on equities\, fixed income\, asset and factor allocation\, and alternative assets. His book\, “Asset Management: A Systematic Approach to Factor Investing” is a comprehensive guide showing how factor risk premiums can be harvested in portfolio design and incorporated in all aspects of investment management. As a professor\, Dr. Ang worked with several large institutional managers as an advisor and consultant.\n \nDr. Ang earned a BEc(Hons) degree in actuarial studies from Macquarie University\, and a PhD in finance and MS in statistics from Stanford University. URL:https://cfany.org/event/quantitative-investment-group-meeting-6/ LOCATION:Virtual Only CATEGORIES:CFA Society NY Event,Committee Meeting,Free for Members,Group Meeting,Interest Group,Interest Group Meetings,Quantitative Investing,Sustainable Investing,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210308T130000 DTEND;TZID=America/New_York:20210308T170000 DTSTAMP:20260717T123818 CREATED:20210208T220915Z LAST-MODIFIED:20210324T204733Z UID:65947-1615208400-1615222800@cfany.org SUMMARY:M&A Deal Structures: Key Concepts for Investment Banking- Wall Street Prep DESCRIPTION:Presented by Wall Street Prep\, learn how mergers & acquisitions deals are structured \nWhat You’ll LearnM&A Deal Structures Demystified \nThere’s probably no area of M&A more challenging than understanding the differences between deals structured as stock sales or asset sales/338 elections. This condensed “Power Session” will demystify these differences and walk trainees through key tax and accounting implications for both the buyer and seller. \nTaught by Experienced M&A Professionals \nThis is NOT an academic exercise. It is taught by experienced M&A professionals with a specific focus on M&A accounting issues typically encountered on the job. \nCFANY.org: $319.20 Standard Rate: $399 Who is this boot camp for?\nInvestment banking and PE analysts and associates\nCorporate finance and business development professionals\nMBA students and business undergraduates\nAnyone looking to get a better understanding of M&A transactions\n\nAgendaPlease note: Each daily session goes from 9AM – 5PM EST \nView Full Syllabus\n\nDay 1 | FINANCIAL STATEMENT MODELING \n\nYou will develop a 3-statement model completely from scratch\, inputting historical data and assumptions to project out financial statements by selecting\, locating\, and developing appropriate projection drivers. \n\n\nDay 2 | DCF MODELING \n\nParticipants learn how to value the company step-by-step\, including how to estimate the weighted average cost of capital (WACC) in the real world\, how to implement commonly used approaches to calculating terminal value\, and how to use data tables to analyze a broad range of scenarios given different assumptions. \n\n\nDay 3 | M&A MODELING \n\nParticipants will build a merger model in Excel to reflect the pro forma impact of various acquisition scenarios. Key topics covered include a quick test of accretion / dilution in all-stock deals\, pricing structures (exchange ratios\, collars\, “walk-away” rights)\, purchase accounting\, and the step-by-step allocation of purchase price. \n\n\nOnline | PRE-SEMINAR EXCEL TRAINING \n\nThis boot camp assumes proficiency in Excel. Enrollment includes access to our popular Excel Crash Course for those who need an Excel refresher. \n\n\nOnline | POST-SEMINAR ONLINE ACCESS \n\nEnrollment includes lifetime access to the following online course(s): Financial Statement Modeling\, DCF Modeling\, Comps Modeling\, M&A Modeling\, LBO Modeling \n\n×Course Syllabus\nFinancial Statement Modeling\nReview key Excel skills for financial modeling \n\nBasic Excel techniques and keyboard shortcuts\nThe most accurate way to perform Excel’s basic functions without the mouse\nCustomize Excel’s default settings for effective modeling\n\nLearn to format and structure financial models to limit errors and simplify auditing \n\nStandard modeling structures and formulas\nBest practices in modeling\nLearn the correct way to check models for errors\, accuracy and integrity\nCheck and fix circular reference and iteration problems (#REF)\nTools for formula checking and auditing\n\nLearn how to present financial statement model \n\nCreate a ratios page\nPrepare a model for distribution\nLearn summary and sensitivity analysis using data tables\n\nFinancial statement model development \n\nLearn to build projection drivers\nLearn to integrate assumptions into financial models – learn what makes a good assumption\nBuild core statements:\n\nCash flow statement\nBalance sheet\nIncome statement\n\n\nBuild supporting schedules:\n\nDebt schedule\nWorking capital\nInterest schedule\nRetained earnings\nPP&E analysis\n\n\nUnderstand the interconnectivity of the core financial statements and learn how the cash flow statement\, income statement\, and balance sheet are linked.\nLearn to apply automatic “balance checks”\nUnderstand treatment of non-recurring charges and tax implications on financial models\nUnderstand implications of new FASB regulations on financial models used by investment banks and other financial institutions.\n\n\nDCF Modeling\nValuation methodologies deconstructed \n\nLearn market-based valuation\, including comparable company analysis and comparable transaction analysis using appropriate equity and enterprise value multiples (PE\, EV/EBITDA\, etc.)\nIntrinsic valuation\, including DCF and LBO (floor) valuation\nPresentation of valuation results using sensitivity analysis and data tables\n\nEnterprise value relationships \n\nParticipants learn to identify and analyze the elements of the financial statement that are key to the value of an enterprise\, including:\n\nMarket capitalization\nEnterprise value\nOptions\nPreferred stock\nMinority interests\nDebt\nCash and marketable securities\nTreasury Stock Method of Calculating Diluted Shares Outstanding\n\n\n\nCalculate free cash flows using the unlevered valuation approach \n\nUse previously built model to derive unlevered earnings and unlevered free cash flow\nHandle working capital items\, deferred taxes and long-term accruals \n\nDiscount the cash flows \n\nLearn how to derive a discount rate by deriving the cost of debt and the cost of equity\nDerive the cost of capital using CAPM\nSelect the correct discount rates\n\nCalculate the value \n\nEstimating terminal value\nCalculating enterprise value\nUsing the enterprise value to determine implied share prices\n\nSensitivity analysis \n\nAnalyze key input assumptions at various sensitivities\n\n\nM&A Modeling\nBuilding a robust merger model \n\nSetting up a control area for assumptions\nInputting deal assumptions (% cash vs. stock considerations\, purchase premium\, asset write-ups\, advisory fees\, financing fees\, and severance fees)\nCalculating shares outstanding using the treasury stock method\nAppropriate treatment of convertible securities\nAllocating purchase price and calculating goodwill\nPreparing the pushed-down balance sheet\nMaking pro forma balance sheet adjustments\nCalculating sources & uses of funds\nInputting operating & synergy projections\nCalculating the stub year period\nBuilding a pro forma income statement and making appropriate deal-related adjustments to arrive at accretion/dilution per share\nError-checking a merger model and inserting circuit breaker switches where appropriate\nSensitivity analysis: EPS accretion/dilution in stock vs. cash deal; interest rate assumptions\, premium paid\nPre-tax synergies required to break-even\, and break-even PE analysis\nRevenue\, EBITDA\, and Net Income contribution analysis\n\nAdvanced merger accounting \n\nUnderstanding the differences between asset sales (including 338h10 elections) and stock sales\nTaxation issues\, including deferred taxes created by the step-up of asset values\nLegal considerations in acquisitions\n\nCloseBoot Camp DetailsOverviewScheduleAdditional DetailsOverview\nThis boot camp is an intensive instructor-led training program where trainees learn about legal and tax structures in M&A with a specific focus on the differences and contrasting motivations between asset sales and stock sales. We begin with a quick review of purchase price allocation before walking through the different transaction structures and the significant tax and accounting implications of each. We will examine the benefits and considerations of each deal structure to the buyer and seller and analyze how a negotiation can optimize their outcomes. We conclude with a look at the deal structure’s impact on financial models. \n\nUnderstand the differences between asset sales (including 338h10 elections) and stock sales.\nLearn how the different ways to structure a deal creates significant tax and accounting implications for both the buyer and seller.\nUnderstand taxation issues\, including deferred taxes created by the step-up of asset values.\nGain insight into legal considerations in acquisitions.\nKey learning objectives include:\n\nTax Basis Step Ups in Asset Sale vs Stock Sale\nQuantifying PV of Acquirer Tax Benefits in Tax Basis Step Up\nSeller Preferences in M&A Deal Structuring\nCalculating Target Proceeds in M&A in Asset vs. Stock Sale\nTaxable Sales: Introduction and Acquirer Perspective\nTaxable Sales including 338(h)(10): Target Perspective\nNOLs in M&A\nNOLs for 80%+ owned subsidiaries\nSelling S-Corporations and subsidiaries\nAggregate Deemed Sales Price (ADSP)\nNontaxable Sales\n\n\n\nSchedule\nhis virtual training session is scheduled for 1-5p (ET). The session will use interactive exercises as learners move back and forth between classroom lecture and small group breakout rooms. \nAdditional Details\nWhat’s Included \nComprehensive training materials and unlimited e-mail support for content-related questions for 12 months post-seminar. \n\nCPE Credit\nEarn 4.5 CPE Credits for this Seminar \nWall Street Prep is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. \n\nExperienced Instructors\nOur instructors are all practitioners with years of directly relevant real- world experience and have a passion for teaching. They understand the importance of teaching in a way that empowers students to apply the lessons from the classroom directly on the job. URL:https://cfany.org/event/ma-deal-structures-key-concepts-for-investment-banking/ LOCATION:Virtual Only CATEGORIES:CFA Society NY Event,Other Industry Event,Other Industry Events,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210308T193000 DTEND;TZID=America/New_York:20210308T210000 DTSTAMP:20260717T123818 CREATED:20201104T230722Z LAST-MODIFIED:20201222T054644Z UID:64397-1615231800-1615237200@cfany.org SUMMARY:Value Investing Roundtable DESCRIPTION:Group DescriptionThe Value Investing Group provides a forum for the application and modification of Benjamin Graham’s principles as well as for other value investment approaches. The group’s focus is on organizing both one-off as well as regular events such as the bi-monthly value investment round-table\, the annual Ben Graham conference and the value investing workshop.\nJoin Group URL:https://cfany.org/event/value-investing-roundtable-8/ LOCATION:Virtual Only CATEGORIES:CFA Society NY Event,Committee Meeting,Free for Members,Group Meeting,Interest Group,Interest Group Meetings,Value Investing,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210309T130000 DTEND;TZID=America/New_York:20210309T170000 DTSTAMP:20260717T123818 CREATED:20210208T190153Z LAST-MODIFIED:20210324T204734Z UID:65943-1615294800-1615309200@cfany.org SUMMARY:Introduction to Excel VBA - Wall Street Prep DESCRIPTION:Presented by Wall Street Prep\, Unlock the Power of Excel VBA \nWhat You’ll LearnStart Writing VBA From Scratch \nGet up to speed with the VBA environment and dive right into some real-world exercises that will teach you how to write your own code including macros\, functions and subroutines. \nImmediately Use VBA on the Job \nWe’ll show you how you can start using macros in a finance setting by running through real-world exercises such as calculating asset returns and building a payback-period calculator. \nNo Coding Experience Needed \nDesigned for complete newbies and/or those looking for a refresher. No prior programming knowledge is needed. \nCFANY.org: $319.20 Standard Rate: $399 Who is this boot camp for?\nInvestment banking analysts and associates\nPrivate equity\, asset management and hedge fund associates\nCorporate finance and business development professionals\nMBA students and business undergraduates\nAnyone seeking to improve their Excel skill set\n\nBoot Camp DetailsOverviewInstructorsAdditional DetailsOverview\nThis boot camp is an instructor-led training program that will teach you how to take Excel by the horns and make it do whatever you want through a simple but effective tool called “VBA.” Trainees will be introduced to the VBA environment and star learning how to unlock the secrets of automation and efficiency in Excel VBA using real world finance-related exercises. No prior programming knowledge is needed \nWhat You’ll Learn\nIntroduction to VBA \n\nOverview of Visual Basic Editor\nRecording Macros\nRecording with Relative References\nWriting and Editing simple code\nAssigning your code to buttons\nCreating Keyboard Shortcuts\nUsing the VBA Object Browser\nFinancial Application: Calculate asset returns quickly by recording and running a macro.\n\nProcedures and Functions \n\nCreate a User-Defined Function (UDF)\nWorking with Modules\nWriting and Editing Functions and Subroutines\nDeclaring Variables\nVariable Types\nUtilizing Excel functions inside VBA code\nDebugging VBA\nFinancial Application: Create a simple function related to CAPM and more complex functions like those related to M&A deals.\n\nLooping \n\nRepeat a series of actions by using loops such as For…Each…Next\nRecursive syntax within code\nLooping through Collections of Objects\nFinancial Application: Build a Payback Period Calculator using loops.\n\nPlease note that this power session is an abbreviated version of our 2-day seminar\, which covers additional topics such as working with Large Datasets\, Input Boxes and Messages Boxes\, Userforms and Controls and Querying data and using SQL in VBA and associated exercises. \nInstructors\nOur instructors are all practitioners with years of directly relevant real- world experience and have a passion for teaching. They understand the importance of teaching in a way that empowers students to apply the lessons from the classroom directly on the job. \nAdditional Details\nSchedule \nThis virtual training session is scheduled for 1-5p (ET). The session will use interactive exercises as learners move back and forth between classroom lecture and small group breakout rooms. \n\nCPE Credit\nEarn 4.5 CPE Credits for this Seminar \nWall Street Prep is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. URL:https://cfany.org/event/introduction-to-excele-vba-wall-street-prep/ LOCATION:Virtual Only CATEGORIES:Other Industry Event,Other Industry Events,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210309T180000 DTEND;TZID=America/New_York:20210309T193000 DTSTAMP:20260717T123818 CREATED:20201130T212911Z LAST-MODIFIED:20201130T212911Z UID:64846-1615312800-1615318200@cfany.org SUMMARY:Institutional Asset Management Group Meeting DESCRIPTION:Group DescriptionThe Institutional Asset Management Group brings together professionals engaged in the management\, oversight\, and/or advisement of institutional investments. Its diverse member base includes investment consultants\, plan sponsors\, insurance professionals\, risk managers\, derivative product specialists\, and portfolio managers and analysts in a wide variety of asset classes. The group nurtures a rich exchange of ideas and information by connecting professionals who are broadly in the same field\, but would not otherwise collaborate and network with one another. \n JOIN THIS GROUP URL:https://cfany.org/event/institutional-asset-management-group-meeting-3/ LOCATION:Virtual Only CATEGORIES:CFA Society NY Event,Committee Meeting,Free for Members,Group Meeting,Institutional Asset Management,Interest Group,Interest Group Meetings,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210310T090000 DTEND;TZID=America/New_York:20210312T170000 DTSTAMP:20260717T123818 CREATED:20210208T231826Z LAST-MODIFIED:20210324T204733Z UID:65955-1615366800-1615568400@cfany.org SUMMARY:Financial and Valuation Modeling Boot Camp - Wall Street Prep DESCRIPTION:Presented by Wall Street Prep\, master financial and valuation modeling in this 3-day intensive virtual boot camp \nWhat You’ll LearnPerfect for finance professionals and those looking to break into the industry\, our Financial and Valuation Modeling Boot Camp will teach you how to build models the way it’s done on the job. This is the same intensive virtual training used to prepare incoming analysts at top financial institutions. \nLearn Financial Modeling\, Valuation\, DCF\, M&A and more! \n\nFor finance professionals and those looking to break into investment banking\, corporate finance\, equity research\, this boot camp will teach you how to build financial and valuation models the way it’s done on the job.\n\nStep-By-Step Virtual Zoom Training \n\nParticipants learn to model in an intuitive\, step-by-step approach using real case studies.\n\nUsed by Top Financial Institutions \n\nLed by experienced finance professionals\, this is the same training program used to prepare incoming analysts and associates at top financial institutions.\n\nCFANY.org: $1\,359 Standard Rate: $1\,699 AgendaPlease note: Each daily session goes from 9AM – 5PM EST \nView Full Syllabus\n\nDay 1 | FINANCIAL STATEMENT MODELING \n\nYou will develop a 3-statement model completely from scratch\, inputting historical data and assumptions to project out financial statements by selecting\, locating\, and developing appropriate projection drivers. \n\n\nDay 2 | DCF MODELING \n\nParticipants learn how to value the company step-by-step\, including how to estimate the weighted average cost of capital (WACC) in the real world\, how to implement commonly used approaches to calculating terminal value\, and how to use data tables to analyze a broad range of scenarios given different assumptions. \n\n\nDay 3 | M&A MODELING \n\nParticipants will build a merger model in Excel to reflect the pro forma impact of various acquisition scenarios. Key topics covered include a quick test of accretion / dilution in all-stock deals\, pricing structures (exchange ratios\, collars\, “walk-away” rights)\, purchase accounting\, and the step-by-step allocation of purchase price. \n\n\nOnline | PRE-SEMINAR EXCEL TRAINING \n\nThis boot camp assumes proficiency in Excel. Enrollment includes access to our popular Excel Crash Course for those who need an Excel refresher. \n\n\nOnline | POST-SEMINAR ONLINE ACCESS \n\nEnrollment includes lifetime access to the following online course(s): Financial Statement Modeling\, DCF Modeling\, Comps Modeling\, M&A Modeling\, LBO Modeling \n\n×Course Syllabus\nFinancial Statement Modeling\nReview key Excel skills for financial modeling \n\nBasic Excel techniques and keyboard shortcuts\nThe most accurate way to perform Excel’s basic functions without the mouse\nCustomize Excel’s default settings for effective modeling\n\nLearn to format and structure financial models to limit errors and simplify auditing \n\nStandard modeling structures and formulas\nBest practices in modeling\nLearn the correct way to check models for errors\, accuracy and integrity\nCheck and fix circular reference and iteration problems (#REF)\nTools for formula checking and auditing\n\nLearn how to present financial statement model \n\nCreate a ratios page\nPrepare a model for distribution\nLearn summary and sensitivity analysis using data tables\n\nFinancial statement model development \n\nLearn to build projection drivers\nLearn to integrate assumptions into financial models – learn what makes a good assumption\nBuild core statements:\n\nCash flow statement\nBalance sheet\nIncome statement\n\n\nBuild supporting schedules:\n\nDebt schedule\nWorking capital\nInterest schedule\nRetained earnings\nPP&E analysis\n\n\nUnderstand the interconnectivity of the core financial statements and learn how the cash flow statement\, income statement\, and balance sheet are linked.\nLearn to apply automatic “balance checks”\nUnderstand treatment of non-recurring charges and tax implications on financial models\nUnderstand implications of new FASB regulations on financial models used by investment banks and other financial institutions.\n\n\nDCF Modeling\nValuation methodologies deconstructed \n\nLearn market-based valuation\, including comparable company analysis and comparable transaction analysis using appropriate equity and enterprise value multiples (PE\, EV/EBITDA\, etc.)\nIntrinsic valuation\, including DCF and LBO (floor) valuation\nPresentation of valuation results using sensitivity analysis and data tables\n\nEnterprise value relationships \n\nParticipants learn to identify and analyze the elements of the financial statement that are key to the value of an enterprise\, including:\n\nMarket capitalization\nEnterprise value\nOptions\nPreferred stock\nMinority interests\nDebt\nCash and marketable securities\nTreasury Stock Method of Calculating Diluted Shares Outstanding\n\n\n\nCalculate free cash flows using the unlevered valuation approach \n\nUse previously built model to derive unlevered earnings and unlevered free cash flow\nHandle working capital items\, deferred taxes and long-term accruals \n\nDiscount the cash flows \n\nLearn how to derive a discount rate by deriving the cost of debt and the cost of equity\nDerive the cost of capital using CAPM\nSelect the correct discount rates\n\nCalculate the value \n\nEstimating terminal value\nCalculating enterprise value\nUsing the enterprise value to determine implied share prices\n\nSensitivity analysis \n\nAnalyze key input assumptions at various sensitivities\n\n\nM&A Modeling\nBuilding a robust merger model \n\nSetting up a control area for assumptions\nInputting deal assumptions (% cash vs. stock considerations\, purchase premium\, asset write-ups\, advisory fees\, financing fees\, and severance fees)\nCalculating shares outstanding using the treasury stock method\nAppropriate treatment of convertible securities\nAllocating purchase price and calculating goodwill\nPreparing the pushed-down balance sheet\nMaking pro forma balance sheet adjustments\nCalculating sources & uses of funds\nInputting operating & synergy projections\nCalculating the stub year period\nBuilding a pro forma income statement and making appropriate deal-related adjustments to arrive at accretion/dilution per share\nError-checking a merger model and inserting circuit breaker switches where appropriate\nSensitivity analysis: EPS accretion/dilution in stock vs. cash deal; interest rate assumptions\, premium paid\nPre-tax synergies required to break-even\, and break-even PE analysis\nRevenue\, EBITDA\, and Net Income contribution analysis\n\nAdvanced merger accounting \n\nUnderstanding the differences between asset sales (including 338h10 elections) and stock sales\nTaxation issues\, including deferred taxes created by the step-up of asset values\nLegal considerations in acquisitions\n\nCloseWho is this boot camp for\nInvestment banking analysts and associates\nPrivate equity\, asset management and hedge fund associates\nCorporate finance and business development professionals\nMBA students and business undergraduates\nAnyone seeking to improve their financial modeling skill set\n\nBoot Camp DetailsOverviewScheduleAdditional DetailsOverview\nThis boot camp is an intensive virtual training program where trainees learn financial and valuation modeling in Excel using an intuitive\, step-by-step approach. Participants will use real case studies to build financial models from scratch the way it is done at financial institutions. The program is a synthesis of Excel modeling\, navigating through various financial reports\, and the application of accounting\, corporate finance\, and valuation courses. \nSchedule\nThis virtual training session will run from 9a-5p daily (ET). The session will use interactive exercises as learners move back and forth between classroom lecture and small group breakout rooms. \nAdditional Details\nWhat’s Included \nComprehensive training materials (manuals and online exercises)\, Detailed reusable modifiable Excel model templates\, Unlimited e-mail support for content-related questions for 12 months post-seminar. \n\nPrerequisites \nThis seminar presumes knowledge of financial accounting (at least 1 semester or equivalent). Participants without this background must enroll in and complete the Accounting Crash Course prior to attending the seminar. \n\nCPE Credit\nEarn 27 CPE Credits for this Seminar \nWall Street Prep is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. \n\nEarn a Certification in Financial Modeling \nCompletion of this boot camp will earn you a Certification in Financial & Valuation Modeling from Wall Street’s #1 training firm. This globally recognized certification demonstrates proficiency in Financial Modeling\, DCF\, Comps and M&A. URL:https://cfany.org/event/financial-and-valuation-modeling-boot-camp-wall-street-prep-3/ LOCATION:Virtual Only CATEGORIES:CFA Society NY Event,Other Industry Event,Other Industry Events,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210310T180000 DTEND;TZID=America/New_York:20210310T193000 DTSTAMP:20260717T123818 CREATED:20201126T051828Z LAST-MODIFIED:20201204T204146Z UID:64798-1615399200-1615404600@cfany.org SUMMARY:Communication\, Leadership & Public Speaking: hosted by CFANY Toastmasters DESCRIPTION:OverviewDon’t present timid forecasts to CIOs or shy away from telling clients the hard truth: Let CFANY Toastmasters inject confidence and structure into your verbal and written business communication. Participate in our fun and supportive group and gain the skills to make your investment recommendations the ones that get everyone talking! \nVISIT THE CFANY TOASTMASTERS CLUB WEBSITE>> \nWhat’s in it for you?\nOn Wall Street\, rigorous analysis and airtight logic are only half the battle. To effectively put your investment ideas across\, you need to express yourself clearly and think on your feet.  Being persuasive and self-assured in meetings with colleagues and clients will improve your business results. \nHow does it work?\nDon’t worry: Everyone in CFANY Toastmasters started out sweating\, mumbling\, or with a death grip on the podium. Our program is friendly not faultfinding\, and lets you improve at your pace.  The secret is practice first\, effectiveness later.  You will never learn to become a good public speaker from reading “how to” books.  But you will love the applause following your speeches at Toastmasters and appreciate the value of constructive feedback. \nVisit our club today!\nYou won”t regret it. Toastmasters International currently has more than 200\,000 members in 80 countries.  Our CFANY club has maintained Distinguished Club status or better for several years straight\, which means our members really care about becoming polished speakers and leaders.  Check out a CFANY Toastmasters meeting to see how we can refine your stage presence! \nAdditional DetailsContinuing Education Credits – Sponsored by Kaplan Schweser \n1.5 Credits \nAs part of our commitment to raising professional standards in the industry\, CFA Society New York is dedicated to facilitating the continued education of our membership base and the financial community at-large through an expanding variety of Continued Education (CE) programs and offerings. CFANY thanks Kaplan Schweser for sponsoring the administration of our CE platform\, thereby better enabling us to provide our community with high-quality content and opportunities. URL:https://cfany.org/event/communication-leadership-public-speaking-hosted-by-cfany-toastmasters-16/ LOCATION:Virtual Only CATEGORIES:CFA Society NY Event,Committee Meeting,Group Meeting,Toastmasters,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210311T090000 DTEND;TZID=America/New_York:20210311T120000 DTSTAMP:20260717T123818 CREATED:20210209T152333Z LAST-MODIFIED:20210308T215603Z UID:65958-1615453200-1615464000@cfany.org SUMMARY:Global Policymakers Series: First Quarter Summit 2021 DESCRIPTION:Global Policymakers Series (GPS)First Quarter Summit 2021OverviewA virtual  Asset Owner Series™ event \nGlobal Policymakers Series (GPS) – presented quarterly – educates members of CFA Society New York\, and members of our sister societies\, on global policy matters. \nThe financial consequences of the Great Recession led to historic changes in monetary policy\, marked by a substantial advancement in the regulation of banks and financial markets overall. The impact of legislation produced in response to the financial stresses brought on by COVID-19 is likely to be even more impactful. \nSuch trends demonstrate just how valuable an understanding of global policy\, and changes in regulatory standards\, is to financial professionals in managing their careers and in offering quality client services. Through GPS\, CFA Society New York educates on both fronts\, and does so through a lens devoid of any political or ideological noise. \nAgenda and Lineup8:55 AM | INTRODUCTION \n\nSameer Jagetia\, CFA\, CEO\, CFA Society New York \n\n\n9:00 AM | KEYNOTE SESSION \n\nLutfey Siddiqi\, CFA\, Managing Director\, Regions and Society Relations\, CFA Institute \n\n\n10:00 AM | PANEL  \n\nModerator \nSuzanne Bishopric\, Managing Partner\, Global Sovereign Advisors \n\nPanelists \nAndrew Cross\, Chief Financial Officer\, Asia Infrastructure Investment Bank \nEila Kreivi\, Director and Head of the Capital Markets Department\, European Investment Bank \nFaut Savas\, Executive Director\, J.P. Morgan \n\n\n11:00 AM | KEYNOTE SESSION \n\nModerator \nNoel Lateef\, CEO\, Foreign Policy Association \n\nKeynote Speaker \nAnne O. Krueger\, former Chief Economist\, World Bank; former First Deputy Managing Director\, International Monetary Fund \n\n\n12:00 PM | CLOSING & ADJOURNMENT \nAdditional DetailsLearning Outcomes \n\nGlobal policy impact on financial markets\nGlobal infrastructure issues\n\nFrom Our Presenting Partner: Financial Policy Association (FPA)Great Decisions \nAmerica’s largest discussion program on world affairs \nThe program provides background information and policy options for the eight most critical issues facing America each year and serves as the focal text for discussion groups across the country. \nPurchase the Great Decisions 2021 Briefing Book\, and prepare to discuss the world by getting started today! \nLearn More URL:https://cfany.org/event/global-policymakers-series-first-quarter-summit-2021/ LOCATION:Virtual Only CATEGORIES:Asset Owner Series,CFA Society NY Event,Conference / Seminar,Global Policymakers Series,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210315T180000 DTEND;TZID=America/New_York:20210315T190000 DTSTAMP:20260717T123818 CREATED:20210205T211449Z LAST-MODIFIED:20210311T212716Z UID:65914-1615831200-1615834800@cfany.org SUMMARY:OCIO: What Investing Trends the CIO of One of the Largest Thinks About DESCRIPTION:OverviewA virtual Asset Owner Series™ event \nFrequent CFA Society New York volunteer and Founder of Manager Analysis Services\, Chris Cutler\, CFA will interview Chris Philips\, CFA\, Principal and Head of Vanguard Institutional Advisory Services. \nWith over two decades of experience providing ongoing investment management services and strategic recommendations for a range of clients\, Chris Philips\, CFA will share his perspective on manager search and selection for non-profits is changing and how their asset allocation is responding to the risks in the market. \nCFA Society New York is thrilled to welcome CAIA members and members of other societies. Please register with CAIA or via your respective local society to secure your place at our upcoming webinars. \nAgenda6:00 PM | WELCOMING REMARKS \n\nAntonio Rodriguez\, CFA\, Director of Investment Strategy\, NYC Board of Education Retirement System \n\n\n6:05 PM | INTERVIEW\, DISCUSSION \n\nInterviewer\nChris Cutler\, CFA\, Founder\, Manager Analysis Services \n\n\nInterviewee\nChristopher Philips\, CFA\, Principal and Head\, Vanguard Institutional Advisory Services \n\n\n7:00 PM |  CLOSING REMARKS & ADJOURNMENT \n\nDuncan Bonfield\, Chief Executive\, International Forum of Sovereign Wealth Funds \n\nAdditional DetailsAreas of Focus \n\nAsset Allocation for non-profits\nManager selection issues for endowments URL:https://cfany.org/event/ocio-what-investing-trends-the-cio-of-one-of-the-largest-thinks-about/ LOCATION:Virtual Only CATEGORIES:AOS Virtual Keynotes,Asset Owner Series,CFA Society NY Event,Conference / Seminar,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210315T180000 DTEND;TZID=America/New_York:20210315T193000 DTSTAMP:20260717T123818 CREATED:20201224T004733Z LAST-MODIFIED:20201224T005624Z UID:65390-1615831200-1615836600@cfany.org SUMMARY:Business Management Group Meeting DESCRIPTION:Group DescriptionThe Business Management Group will focus on the non-portfolio management issues that typically confront the COO and other leaders within a money management firm\, such as how to successfully launch and operate a business. These issues include\, business planning\, enterprise technology\, compliance\, market trends\, human resources\, selection of; fund administrators\, accountants\, lawyers and prime and executing brokers\, etc. A key goal of BMIG’s will be to understand the business and other risks associated with running a money management\, while serving as a bridge between the “buy” and “sell” sides. \nJOIN THIS GROUP URL:https://cfany.org/event/business-management-group-meeting-8/ LOCATION:Virtual Only CATEGORIES:Business Management,CFA Society NY Event,Committee Meeting,Free for Members,Group Meeting,Interest Group,Interest Group Meetings,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210316T090000 DTEND;TZID=America/New_York:20210318T170000 DTSTAMP:20260717T123818 CREATED:20210209T163518Z LAST-MODIFIED:20210324T204731Z UID:65976-1615885200-1616086800@cfany.org SUMMARY:FP&A Technical Mastery Boot Camp - Wall Street Prep DESCRIPTION:Presented by Wall Street Prep\, learn the technical and presentation skills you need to become an invaluable member of your team \nOverviewThis 3-day boot virtual camp is designed to fill the knowledge gaps we’ve seen FP&A and corporate finance professionals exhibit again and again in our years of training at top financial institutions. You will hone your technical analysis and Excel modeling skills and learn how to present reliable data to your company’s leadership while learning invaluable skills in problem-solving\, risk management\, and growth planning. \n\nVirtual training led by our team of FP&A professionals\nLearn a full range of invaluable FP&A skills\nBoost your Excel efficiency\n\nCFANY.org: $1\,359.20 Standard Rate: $1\,999 AgendaPlease note: Each daily session goes from 9AM – 5PM EST \n\nDAY 1 \n\n\nIntroduction to the modern FP&A function\nMacroeconomic\, Industry\, and Competitive Analysis\nThe Power and Art of Business Modeling\n\n\n\nDAY 2 \n\n\nData Visualization & Storytelling\nOutputs & Variance Analysis\nScenarios & Sensitivities\nGetting to Answers Without Modeling\n\n\n\nDAY 3 \n\n\nCapex & Project Forecasting\nForecasting & Budgeting\nStrategic Financial Planning & Analysis\nThe future of FP&A in large corporations and private companies\n\n\n\nOnline | PRE-SEMINAR EXCEL TRAINING \n\nThis boot camp assumes proficiency in Excel. Enrollment includes access to our popular Excel Crash Course for those who need an Excel refresher. \n\n×Course Syllabus\nFP&A Technical Mastery\nIntroduction to Financial Planning & Analysis (FP&A) Technical Mastery Boot Camp \n\nIntroductory discussion about the modern FP&A function\nOverview of modules\n\nThe Power & Art of Business Modeling in FP&A\nData Visualization & Storytelling\nOutputs & Variance Analysis\nScenarios & Sensitivities\nGetting to Answers Without Modeling\nCapex & Project Forecasting\nForecasting & Budgeting\nStrategic Financial Planning & Analysis\n\n\nParticipant and instructor introductions\n\nThe Power and Art of Business Modeling \n\nModeling best-practices\n\nOrganizational structure and navigation\nCoverage of key formulas & functions\, ribbons\, and functionality\nSimplification of complex modeling techniques and model hygiene\nFormula auditing\, watch window\, formula evaluator\nUse of dynamic links for linking internally and to external workbooks\n\n\nModel formatting\n\nUse of defined names for cells\, ranges\, tables\, data sets\, and formulas to simplify references\nIncorporation of dynamic drop-down lists\, toggles\, and lookups to improve efficiency\n\n\nDynamic modeling\n\nCreation of dynamic data sets\, data ranges\, named ranges and formulas using OFFSET to reduce or eliminate manual updates to models and forecasts\nUse toggles combined with INDIRECT to quickly and efficiently import financials or subsequently-dated data sets\nLookup Functions: INDEX\, MATCH\, VLOOKUP\, HLOOKUP\, DATA VALIDATION\nReal-life application through exercises and case studies\n\n\n\nData Visualization & Storytelling \n\nBest-practices for conveying financial performance in visual form for meetings and presentations\nHow FP&A can serve as a strategic partner to non-financial business functions\nCreation of deliverables with consideration given to the end-user or a wide-array of audiences\n\nSparklines combined with dynamic data ranges\nUsing dynamic data sets to populate pivot charts\, pivot tables\, and pivot slicers\n\n\nReal-life application through exercises and case studies\n\nOutputs & Variance Analysis \n\nUse of data visualization to communicate strategic mapping\, key performance indicators (KPIs)\, and balanced scorecards\nApproaches for identification and visual display of KPIs\nVariance analysis and cash flow forecasting\n\nUse of conditional formatting to highlight period-over-period variances\nConsideration of dynamic triggers for flexible conditional formatting\n\n\nReal-life application through exercises and case studies\nBuilding and displaying impactful dashboards for meetings and presentations\nCrafting and management of dynamic charts and graphs\n\nCreation of fully-dynamic graphs with automated updating of links to source information\nIncorporation of fully-flexible date range toggles within dynamic graphs\nUtilization of form controls in dynamic graphs to enhance user-interface\n\n\nReal-life application through exercises and case studies\n\nScenarios & Sensitivities \n\nFinancial consolidations\n\nSUM OF WORKSHEETS approach to scenario management\, forecasting\, and budgeting\n\n\nIntroduction to the Developer ribbon and Visual Basic for Applications (VBA)\nIntroduction to Excel’s built-in scenario manager and scenario summary function\nEnhancement of scenario user-interface with form controls (option buttons\, check boxes\, combo boxes\, spin buttons\, scroll bars\, group boxes)\nDifferences between simulation and optimization\nConduct sensitivity analysis with dynamic 1- and 2-variable data tables combined with conditional formatting\n\nGetting to Answers Without Modeling \n\nConduct ‘what-if’ operational simulations to minimize risk\nUtilize goal seek to determine pricing and to target profitability\nDemonstrate how Excel’s Solver can enhance performance while addressing resource constraints\nAddress break-even\, profit optimization\, and product mix decisions\nReal-life application through exercises and case studies\n\nCapex & Project Forecasting \n\nNet Present Value (NPV)\, Internal Rate of Return (IRR)\, Modified IRR (MIRR)\, XIRR\, XNPV\nDiscounted cash flow analysis and weighted average cost of capital\nUtilize 1- and 2-variables sensitivity tables to display a range of probable results\nReal-life application through exercises and case studies\n\nForecasting & Budgeting \n\nKey terms and definitions\nForecasting methods\n\nTop-down\nBottoms-up\n\n\nHow risk\, uncertainty\, and probability affect forecasts\nHow regression aids in forecasting accuracy\nReal-life application through exercises and case studies\n\nStrategic Financial Planning & Analysis \n\nKey accounting and finance terms and definitions\nUnderstanding fundamentals of the financial statements\n\nIncome Statement\nBalance Sheet\nStatement of Cash Flows\nCommon-sizing and period-over-period trend analysis\nRatio analysis\n\n\nComprehensive strategic case study\n\nRevenue and cost builds by channel\nAssessment of the macroeconomic and industry environment\nPeer review\nLiquidity and working capital management including cash conversion cycle optimization\nGap analysis\nDebt sizing\nIntegrated venture forecast modeling\n\n\n\nProgram Conclusion \n\nWhat are the characteristics of an effective FP&A function\nThe future of FP&A in large corporations and private companies\n\nCloseWho is this boot camp for?\nAnalysts and managers in financial planning and analysis\nBusiness decision support\nInternal & external financial reporting groups\nControllers\nCorporate accounting professionals\n\nBoot Camp DetailsOverviewInstructorAdditional DetailsOverview\nFP&A professionals require a cross-functional understanding of accounting\, finance\, corporate strategy and industry dynamics. This training program is designed to fill the knowledge gaps we’ve seen FP&A and corporate finance professionals exhibit again and again. \nInstructor\nThe course is taught by Carl Seidman\, Business Strategist\, CFO Advisor\, TedX Speaker\, and Trainer in Leadership and Financial Management. Carl has 10+ years of management consulting experience in finance and strategy\, including turnarounds\, restructurings\, valuation\, transactions\, and crisis management. With a passion for teaching and years of directly relevant real-world experience\, Carl understands the importance of teaching in a way that empowers finance professionals to apply the lessons from the classroom directly on the job. \nAdditional Details\nWhat’s Included? \n\nThe training materials that trainees receive are comprehensive and intuitive\, and are designed to serve as stand-alone materials for easy use long after the training session has ended.\nUp to 27 FP&A recertification credits\nUp to 27 CPE credits\n\n\nWhat to Bring \nLaptop\, Notepad\, and Calculator. \n\nPrerequisites \nThis seminar presumes knowledge of financial accounting (at least 1 semester or equivalent). Participants without this background must enroll in and complete the Accounting Crash Course prior to attending the seminar. \n\nCPE Credit\nEarn 27 CPE Credits for this Seminar \nWall Street Prep is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. \n\nFP&A Recertification Credit \nThis seminar is approved for up to 27 FP&A recertification credits by the Association for Financial Professionals at the rate of one credit for each 50 minutes of attendance. URL:https://cfany.org/event/fpa-technical-mastery-boot-camp-wall-street-prep/ LOCATION:Virtual Only CATEGORIES:CFA Society NY Event,Other Industry Event,Other Industry Events,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210316T094500 DTEND;TZID=America/New_York:20210316T133500 DTSTAMP:20260717T123818 CREATED:20210224T172322Z LAST-MODIFIED:20210316T185337Z UID:66308-1615887900-1615901700@cfany.org SUMMARY:Asia Asset Owners Series Virtual Summit 2021 DESCRIPTION:OverviewThis insightful half-day format will touch on a range of topics affecting asset owner strategies today\, including the risks and opportunities of a post COVID-19 environment. \nAttendees will discuss macroeconomic risks\, global infrastructure\, and learn about recent economic and regulatory developments that will impact investments. Come prepared to delve into ESG topics\, appropriate manager search and selection methods\, asset allocation\, and more. All discussions will be led by respected international investors and asset owners. \nAgenda9:45 AM | WELCOMING REMARKS \n\nThomas Brigandi\, CFA\, Vice Chair – Board of Directors\, CFA Society New York; Founder\, Asset Owner Series \n\n\n10:00 AM | A BETTER TOMORROW – AN INSIDER’S PERSPECTIVE ON HONG KONG\, THE GREATER BAY AREA AND CHINA \n\nModerator \nThomas G. Tsao\, Chairman\, Gobi Partners \nKeynote Speaker \nBernard Charnwut Chan\, Convenor of the Non-Official Members of the Executive Council\, HKSAR \n\n\n11:35 AM |  SOUTHEAST ASIA AS AN EMERGING REGION AND DIVERSIFYING DESTINATION PANEL \n\nModerator \nKaymok Ku\, Managing Partner\, Gobi Partners \n\nPanelists \nTengku Azmil Aziz\, Deputy Managing Director\, Chief Investment Officer\, Khazanah Nasional Berhad \nDaniel Budiman\, Co-Founder and Managing Partner\, Mahanusa Capital \n\n\n12:05 PM | KEYNOTE SPEAKER: WHAT’S BEHIND THE BOOM IN ASIA 2021:  TECHNOLOGY\, SUSTAINABILITY (ESG)\, SPACs \n\nModerator   \nPaul Ark\, Advisor\, Gobi Partners \nKeynote \nKhailee Ng\, Managing Partner\, 500 Startups \n\n\n12:35 PM | THE RISE OF SUNWAY: SOUTHEAST ASIA AS AN INVESTMENT DESTINATION\n \n\nKeynote \nJeffrey Cheah\, Founder and Chairman\, Sunway Group \n\n\n1:05 PM |  INTERNATIONAL ASSET OWNERS INVESTING IN ASIA PANEL \n\nModerator \nPaul Ark\, Advisor\, Gobi Partners \n\nPanelists \nDi Fu\, Investment Executive\, CDC Group \nAradhna Dayal\, Founder & Chief Executive Officer\, Access Alts Asia \n\nAdditional DetailsAreas of Focus \n\nAsia Asset Allocation\nAsia Manager Search and Selection\nAsia Macroeconomic trends URL:https://cfany.org/event/asia-asset-owners-series-virtual-summit-2021/ LOCATION:Virtual Only CATEGORIES:AOS Original,Asset Owner Series,CFA Society NY Event,Conference / Seminar,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210316T120000 DTEND;TZID=America/New_York:20210316T130000 DTSTAMP:20260717T123818 CREATED:20210211T165952Z LAST-MODIFIED:20210211T182114Z UID:66062-1615896000-1615899600@cfany.org SUMMARY:Centennial Speaker Series - George G. Szpiro on Risky Decisions: How Mathematical Paradoxes and Other Conundrums Have Shaped Economic Science DESCRIPTION:OverviewThis event is co-sponsored with the CFA Society New York\, the Gabelli Center for Global Security Analysis\, and the Museum of American Finance. \nAt its core\, economics is about making decisions. In the history of economic thought\, great intellectual prowess has been exerted toward devising exquisite theories of optimal decision-making in situations of constraint\, risk\, and scarcity. Yet not all of our choices are purely logical\, so there is a long-standing tension between those emphasizing the rational and irrational sides of human behavior. One strand develops formal models of rational utility-maximizing\, while the other draws on what behavioral science has shown about our tendency to act irrationally. \nIn this talk\, George Szpiro will give examples of mathematical paradoxes and psychological conundrums that have led to advancements in economic science. He will challenge the audience with questions about how to make decisions\, thereby showing how people who believe themselves to be rational can be led astray. \nAgenda12:00 PM | WELCOME REMARKS \n\nDonna Rapaccioli\, Dean\, Gabelli School of Business\, Fordham University \n\n\n12:05 PM | SPEAKER INTRODUCTION \n\nDavid Cowen\, President\, Chief Executive Officer\, Museum of American Finance \n\n\n12:08 PM | DISCUSSION \n\nGeorge G. Szpiro\, Author\, Numbers Rule: The Vexing Mathematics of Democracy\, from Plato to the Present and Pricing the Future: Finance\, Physics\, and the 300-Year Journey to the Black-Scholes Equation \n\n\n12:45 PM | AUDIENCE Q&A \n\n1:00 PM | CLOSING REMARKS \n\nDavid Cowen\, President\, Chief Executive Officer\, Museum of American Finance \n\nCo-Sponsored By URL:https://cfany.org/event/centennial-speaker-series-george-g-szpiro-on-risky-decisions-how-mathematical-paradoxes-and-other-conundrums-have-shaped-economic-science/ LOCATION:Virtual Only CATEGORIES:CFA Society NY Event,Other Industry Event,Other Industry Events,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210316T120000 DTEND;TZID=America/New_York:20210316T133000 DTSTAMP:20260717T123818 CREATED:20201209T235342Z LAST-MODIFIED:20210304T195845Z UID:65190-1615896000-1615901400@cfany.org SUMMARY:Alternative Investment Group Meeting DESCRIPTION:Group DescriptionThe mission of the Alternative Investments Group is to provide a forum for the discussion and analysis of nontraditional investment approaches\, including all forms of hedge funds\, funds of funds\, private equity\, structured products\, institutional real estate\, and other investments not typically available in the retail marketplace. \nIf you would like to participate in this group\, attend industry events and networking opportunities\, or to be added to the Alternative Investments distribution list\, please contact us at aig@cfany.org or join our LinkedIn Group. \n JOIN THIS GROUP URL:https://cfany.org/event/alternative-investment-group-meeting-2/ LOCATION:Virtual Only CATEGORIES:Alternative Investments,CFA Society NY Event,Committee Meeting,Free for Members,Group Meeting,Interest Group,Interest Group Meetings,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210316T180000 DTEND;TZID=America/New_York:20210316T193000 DTSTAMP:20260717T123818 CREATED:20201211T062147Z LAST-MODIFIED:20210121T230631Z UID:65231-1615917600-1615923000@cfany.org SUMMARY:Investment Strategy Roundtable DESCRIPTION:Group DescriptionThe CFA Society New York Investment Strategy Roundtable (the Roundtable) is a series of monthly meetings on current events and market insights. Driven by the diversity of its participants’ expertise and led by volunteer presenters\, the Roundtable fosters an open discussion between members on their views and focuses. Past topics include Chinese consumer loan securitization\, Dallas residential real estate boom\, pre- and post-election market sentiment and the broader implication of manufacturing automation on sector rotation. Whether you are an investment professional\, academician or market enthusiast\, you will surely find something new at the Roundtable.  \nJOIN THIS GROUP URL:https://cfany.org/event/investment-strategy-roundtable-group-meeting-10/ LOCATION:Virtual Only CATEGORIES:CFA Society NY Event,Committee Meeting,Free for Members,Group Meeting,Interest Group,Interest Group Meetings,NYSSA Investment Strategy Roundtable®,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210318T180000 DTEND;TZID=America/New_York:20210318T190000 DTSTAMP:20260717T123818 CREATED:20201222T063251Z LAST-MODIFIED:20201222T063251Z UID:65360-1616090400-1616094000@cfany.org SUMMARY:CFA Society New York Book Club: Ten Lessons for a Post-Pandemic World DESCRIPTION:OverviewThe CFA Society New York Book Club® meets every other month and is designed to be an informal group discussion on a multitude of investment related topics. The author is not present as this is simply a discussion on the book of the month to help members further digest the material and meet other like-minded CFA Society NY members. We will generally have 2-3 books planned in advance so members can pick and choose which ones they are interested in reading prior to the meeting. Overall\, a way to build on our investment knowledge and meet other members. \nTitle: Ten Lessons for a Post-Pandemic World\nAuthor: Fareed Zakaria URL:https://cfany.org/event/cfa-society-new-york-book-club-ten-lessons-for-a-post-pandemic-world/ LOCATION:Virtual Only CATEGORIES:Book Club & Author Series,CFA Society NY Event,Group Meeting,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210319T120000 DTEND;TZID=America/New_York:20210319T133000 DTSTAMP:20260717T123818 CREATED:20201211T065926Z LAST-MODIFIED:20210317T151413Z UID:65254-1616155200-1616160600@cfany.org SUMMARY:Sustainable Investing Group Meeting: Aggregate Confusion DESCRIPTION:Group DescriptionThe Sustainable Investing Thought Leadership Group provides a forum to advance the dialogue around the role of sustainable investing (SI) in today’s markets. Programs focus on current SI issues\, including those related to fiduciary responsibility and risk management. Members seek to identify the challenges and rewards of incorporating environmental\, social\, and governance factors in security analysis.  \nJOIN THIS GROUP \nGuest SpeakerFlorian Berg\, Ph. D.\, Research Associate\, MIT Sloan School of Management \nFlorian is currently a research associate at the MIT Sloan School of Management. His research interest covers sustainable investing with a focus on ESG ratings\, the disagreement between different rating agencies\, and how it affects investors\, firms\, as well as academia. \nHe received his PhD in economics from Paris-Dauphine University. During his PhD\, he held a visiting research position at ETH Zurich. He also holds a BSc in economics and a MSc in financial engineering from Paris-Dauphine University. Florian worked as a quantitative researcher at Amundi Asset Management and as a quantitative strategist/ trader at Alphadyne Asset Management. He also lectured portfolio management and fixed income analysis on the satellite campus in New York of Paris-Dauphine University as well as economics at Sciences-Po. URL:https://cfany.org/event/sustainable-investing-group-meeting-13/ LOCATION:Virtual Only CATEGORIES:CFA Society NY Event,Committee Meeting,Free for Members,Group Meeting,Interest Group,Interest Group Meetings,Sustainable Investing,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210319T130000 DTEND;TZID=America/New_York:20210319T170000 DTSTAMP:20260717T123818 CREATED:20210209T195120Z LAST-MODIFIED:20210803T165042Z UID:65980-1616158800-1616173200@cfany.org SUMMARY:Modeling Multifamily Real Estate - Wall Street Prep DESCRIPTION:Presented by Wall Street Prep\, learn about real world “on the job” multifamily real estate modeling \nWhat You’ll LearnBuild a Multifamily Real Estate Model Step-By-Step \nHow do private equity and real estate professionals build financial models to analyze whether to invest in a multi-family property? \nIn this virtual “Power Session\,” you will learn how a real multifamily model is constructed and used to generate key investment insights. \nExcel Model Template Included \nA comprehensive reusable multifamily real estate model template is included with this course. \nCFANY.org: $319.20 Standard Rate: $399 Who is this boot camp for?\nProfessionals and students pursuing careers in Real Estate Private Equity.\nReal estate professionals looking to add financial modeling skills to their existing skill set.\nIndividual investors and anyone interested in the Real Estate industry.\n\nBoot Camp DetailsOverviewScheduleAdditional DetailsOverview\nDesigned for investment banking\, PE and real estate investment professionals\, you will learn how professionals underwrite and analyze multi-family properties in order to evaluate investment opportunities and drive valuation. This course does not assume a prior background in Real Estate. However\, this course is taught at a fast pace and those who enroll should have an introductory knowledge of accounting and proficiency in Excel. \n\nUsing a typical offering memorandum (OM) to extract key detail used in the model\nHow historical financials drive the pro-forma\nProjecting top-line revenue performance (effective vs. gross rent)Modeling occupancy/vacancy loss\, non-revenue units\, and uncollectible rent assumptions\nGetting to NOI: Projecting the most common operating expenses\nHow to underwrite capital expenditures (defensive vs. offensive)\nHow to calculate levered returns\nModeling the key equity and debt metrics in multifamily real estate (Yield-on-cost\, Cash-on\ncash yield\, DSCR\, and debt yield)\nUnderstanding value allocation\nModeling Sources & Uses\nConstructing the NOI and Returns Summary tables\nSensitizing key outputs to frame purchase price ranges for a multi-family real estate property\nTypical return profile for a multi-family\nFinancial due diligence: Sales comparable and market surveys\n\nSchedule\nThis virtual training session is scheduled for 1-5p (ET). The session will use interactive exercises as learners move back and forth between classroom lecture and small group breakout rooms. \nAdditional Details\nWhat’s Included? \nComprehensive training materials and unlimited e-mail support for content-related questions for 12 months post-seminar. \n\nExperienced Instructors \nOur instructors are all practitioners with years of directly relevant real-world experience and have a passion for teaching. They understand the importance of teaching in a way that empowers students to apply the lessons from the classroom directly on the job. \n\nCPE Credit\nEarn 4.5 CPE Credits for this Seminar \nWall Street Prep is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. URL:https://cfany.org/event/modeling-multifamily-real-estate-wall-street-prep/ LOCATION:Virtual Only CATEGORIES:CFA Society NY Event,Other Industry Event,Other Industry Events,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210324T090000 DTEND;TZID=America/New_York:20210326T170000 DTSTAMP:20260717T123818 CREATED:20210212T031027Z LAST-MODIFIED:20210803T165038Z UID:66081-1616576400-1616778000@cfany.org SUMMARY:Introduction to Project Finance Modeling – Wall Street Prep DESCRIPTION:Presented by Wall Street Prep\, Learn to build project finance models for a transaction \nWhat You’ll LearnReal-world Project Finance Training \nPerfect for finance professionals and those looking to break into the project finance industry\, our Introduction to Project Finance Modeling Boot Camp will teach you how to build models from the ground up-the way it’s done on the job. \nUsed By Top Financial Institutions \nTaught by experienced project finance professionals\, this is the same intensive virtual training used to prepare incoming analysts at top financial institutions and infrastructure funds who will be analyzing project finance transactions. \nCFANY.org: $1359.20 Standard Rate: $1\,699 Additional DetailsWho is this boot camp for? \n\nInvestment banking analysts and associates\nPrivate equity\, asset management and infrastructure fund associates\nFinancial\, technical\, and legal professionals working in the infrastructure sector\nMBA students and business undergraduates\nAnyone seeking to improve their financial modeling skill set\n\nAgendaPlease note: Each daily session goes from 9AM – 5PM EST \nDAY 1 | PROJECT FINANCE PRINCIPLES; MODELING BEST PRACTICES \n\nYou will learn the principles for project finance and the key drivers for structuring transactions in order to maximize the benefits for debt lenders\, equity investors and public agencies. Our instructors will walk you though project finance modeling best practices and how to set up your model to maximize efficiency. Students will begin the process of building a project finance model. \n\n\nDAY 2 | BUILDING THE PROJECT FINANCE MODEL \n\nTrainees continue the project finance model building process with a focus on building operational calculations and financing structure calculations involving multiple tranches of debt and equity. These calculations will take into consideration accounting principles by providing students with hands on experience in building 3-statement accounting sheets to track project performance. \n\n\nDAY 3 | PROJECT FINANCE MODEL COMPLETION \n\nTrainees complete the project finance model and build model outputs to analyze the impact of various scenarios to key project metrics (ie: debt service coverage ratio\, equity IRR\, Project WACC) and financial statements. This day will allow for students to take a step back and understand the implications of various project assumptions to project performance. \n\n\nOnline | PRE-SEMINAR EXCEL TRAINING \n\nThis boot camp assumes proficiency in Excel. Enrollment includes access to our popular Excel Crash Course for those who need an Excel refresher. \n\nBoot Camp DetailsOverviewScheduleAdditional DetailsOverview\nThis boot camp is an intensive training program where trainees learn project finance modeling in Excel using an intuitive\, step-by-step approach. Participants will use real case studies to build models from scratch the way it is done at financial institutions. The program is a synthesis of Excel modeling\, navigating through various financial reports\, and the application of accounting\, corporate finance\, and valuation course \nSchedule\nThis virtual training session will run from 9a-5p daily (ET). The session will use interactive exercises as learners move back and forth between classroom lecture and small group breakout rooms. \nAdditional Details\nWhat’s Included \nComprehensive training materials (manuals and online exercises)\, Detailed reusable modifiable Excel model templates\, Unlimited e-mail support for content-related questions for 12 months post-seminar. \n\nPrerequisites \nThis seminar presumes knowledge of financial accounting (at least 1 semester or equivalent). Participants without this background must enroll in and complete the Accounting Crash Course prior to attending the seminar. \n\nCPE Credit\nEarn 27 CPE Credits for this Seminar \nWall Street Prep is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org. URL:https://cfany.org/event/introduction-to-project-finance-modeling-wall-street-prep-2/ LOCATION:Virtual Only CATEGORIES:CFA Society NY Event,Other Industry Event,Other Industry Events,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210324T090000 DTEND;TZID=America/New_York:20210326T170000 DTSTAMP:20260717T123818 CREATED:20210209T213808Z LAST-MODIFIED:20210803T165041Z UID:65984-1616576400-1616778000@cfany.org SUMMARY:Breaking Into Private Equity: LBO Modeling and PE Deal Process Masterclass - Wall Street Prep DESCRIPTION:Presented by Wall Street Prep: The PE Masterclass: Crushing the paper LBO is just the beginning\n** Formerly called the Private Equity Boot Camp \nLearning ObjectivesLBO Modeling & the PE Deal Process \nThe Private Equity Boot Camp teaches trainees how to construct comprehensive LBO models used to support real transactions. But effective PE professionals must also understand the nuances of the private equity deal process and the non-modeling day-to-day responsibilities of a PE professional. \nLed by PE Professionals \nThis boot camp is NOT an academic exercise. It is taught by PE professionals who have been involved in some of the most high-profile private equity deals in the last 10 years. \nLearn from the Private Equity’s #1 Trainer \n4 of the Top 5 Private Equity firms globally use Wall Street Prep to train their incoming PE Analysts and Associates. Attending this program gives you access to the same virtual training. \nCFANY.org: $1599.20 Standard Rate: $1\,999 AgendaThis virtual session goes from 9am-5pm EST \nDay 1 | LBO AND PE OVEERVIEW LBO MODELING \n\nThe boot camp begins with a discussion of the private equity deal process. Participants will learn about the PE roles and responsibilities at each phase of a deal\, from the review of teasers and first round bids to the due diligence process and LOI phase through deal closing. The second half of the day focuses on LBO concepts\, typical deal structures and current industry dynamics. \n\n\nDay 2 | LBO MODELING/PE DEAL PROCESS \n\nTrainees begin the LBO modeling process\, paying special attention to the most common and challenging issues that emerge when modeling buyouts. We will focus the modeling on various equity and debt tranches\, perform scenario and sensitivity analyses and finish with the modeling of advanced functionality and purchase price allocation. \n\n\nDay 3 | LBO MODELING/PE DEAL PROCESS \n\nTrainees continue the LBO modeling process. By the end of Day 3 trainees will have built a comprehensive LBO model. \n\n\nOnline | PRE-SEIMNAR EXCEL TRAINING \n\nThis boot camp assumes proficiency in Excel. Enrollment includes access to our popular Excel Crash Course for those who need an Excel refresher. \n\n\nOnline | POST-SEMINAR ONLINE ACCESS \n\nEnrollment includes access to the following online course(s): Financial Statement ModelingLBO Modeling \n\n×Course Syllabus\nThe Private Equity Deal Process and Day to Day Responsibilities\nThe boot camp begins with a discussion of the private equity deal process. Participants will learn about the PE roles and responsibilities throughout each phase of a deal\, from the review of teasers and first round bids\, to the due diligence process\, the LOI phase\, and progressing all the way to deal closing. \n\nPre-deal process \n\nPre-deal roles and responsibilities: Who does what?\nDeal sourcing\nTeasers\nNDA/CA\n\nFirst-round bid/IOI phase \n\nFirst round bids/IOI roles and responsibilities: Who does what?\nReviewing CIMs and OMs\nBuilding the Mini-model\nDeal review materials\nManagement presentations\n\nDiligence/LOI phase \n\nDiligence/ LOI phase roles and responsibilities: Who does what?\nQuality of earnings\nDeal financing\nThe data room process\nMaking the decision and drafting the letter of intent\n\nPost-LOI phase \n\nPost LOI deal phase roles and responsibilities: Who does what?\nDeal updates and final model\nNegotiating key terms in the purchase agreement\nNegotiating key terms in the credit agreements\nTransition services agreements\n\nDeal closing \n\nDeal closing roles and responsibilities: Who does what?\nGetting regulatory approval\nWorking capital adjustments\nFunds flow\n\nCloseWho is this boot camp for?This PE Masterclass is targeted specifically for the following audience: \n\nInvestment banking analysts planning to or actively interviewing for PE\nMBAs and undergraduates pursuing private equity\nCurrent private equity professionals seeking to improve their skill set\nLeveraged finance and credit professionals seeking a better understanding of their PE clients’ process\n\nBoot Camp DetailsOverviewInstructorsAdditional DetailsOverview\nLed by former private equity professional with applied expertise in LBO modeling methodologies\, this seminar begins with a deep dive into the Private Equity deal process and the day-to-day responsibilities of a PE professional. The boot camp then turns to modeling\, where participants will learn how to build a real\, complex LBO model the way it’s done on the job. \nInstructors\nJessica Holton\nMost recently\, Jessica was an associate in the Carlyle Group’s U.S. Buyout Consumer & Retail group where she focused on evaluating investments\, building valuation models\, conducting financial analysis and diligence and managing portfolio companies within the consumer and retail space. Before Carlyle\, Jessica was an analyst in the Financial Sponsors Group at Morgan Stanley\, where she advised private equity clients on buy-side\, sell-side\, public offerings and refinancing opportunities. \n\nMichael Stack\nBefore joining Wall Street Prep\, Michael was Director of Product Development at DICK’S Sporting Goods\, Inc. Prior to attending business school\, he was an Associate at Warburg Pincus\, a global private equity firm with more than $44 billion in assets under management. He began his career at PJ Solomon\, a boutique investment bank\, as an analyst advising clients primarily on M&A transactions.Additional Details\nSchedule \nThis virtual training session will run from 9a-5p daily (ET). The session will use interactive exercises as learners move back and forth between classroom lecture and small group breakout rooms. \n\nWhat’s Included? \nComprehensive training materials (manuals and online exercises)\, Detailed reusable modifiable Excel model templates\, Unlimited e-mail support for content-related questions for 12 months post-seminar. \n\nWhat You’ll Need \nLaptop\, Notepad\, and Calculator. \n\nPrerequisites \nThis seminar presumes knowledge of financial accounting (at least 1 semester or equivalent). Participants without this background must enroll in and complete the Accounting Crash Course prior to attending the seminar. In addition\, it is strongly recommended that attendees complete the Financial Statement Modeling online course that comes with enrollment ahead of the seminar. \n\nCPE Credit\nEarn 27 CPE Credits for this Seminar \nWall Street Prep is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. URL:https://cfany.org/event/lbo-modeling-and-pe-deal-process-masterclass-3-day-virtual-boot-camp/ LOCATION:Virtual Only CATEGORIES:CFA Society NY Event,Other Industry Event,Other Industry Events,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210324T120000 DTEND;TZID=America/New_York:20210324T130000 DTSTAMP:20260717T123818 CREATED:20210226T194843Z LAST-MODIFIED:20250609T202215Z UID:66391-1616587200-1616590800@cfany.org SUMMARY:Robinhood\, the Retail Renaissance\, and What it Means for Fintech and Capital Markets DESCRIPTION:OverviewAs a disruptive fintech player that has attracted an outsized amount of attention from mainstream financial media\, Robinhood is sparking a retail renaissance: 25% of all trades now originate from retail investors. During the early days of the pandemic in 2020\, the company raised $1.25 billion and was valued at nearly $11 billion; in February 2021\, it raised another $3.4 billion. \nJoin the Fintech Thought Leadership Group of CFA Society New York for this timely event to discuss the business model of firms like Robinhood\, including a frank look at if there is a real long-term threat to incumbent firms and a review of regulatory challenges facing the gamified online brokerage environment. Industry experts will weigh in with objective and diverse perspectives on the changes that are shaping global capital markets and impacting legacy firms; attendees will also have an opportunity to join in the conversation. \nAgenda12:00 PM | OPENING REMARKS \n\nCarole K. Crawford\, CFA\, Chair\, Fintech Thought Leadership Group\, CFA Society New York \n\n\n12:05 PM | PANEL DISCUSSION \n\nModerator \nChristopher White\, Founder\, Chief Executive Officer\, BondCliQ \nPanelists \nKathleen DeRose\, CFA\, Finance Professor\, NYU Stern School of Business \nDevin Ryan\, Managing Director\, Equity Research Analyst\, JMP Securities \nLex Sokolin\, Global Fintech Co-Head\, ConsenSys \n\n\n12:45 PM |  Q&A \n\n1:00 PM | CLOSING REMARKS \n\nCarole K. Crawford\, CFA\, Chair\, Fintech Thought Leadership Group\, CFA Society New York \n\nAdditional DetailsLearning Outcomes \n\nExplore potential threats to incumbent firms\nUnderstand “fintech” in the context of the online brokerage industry\nIdentify the disruptive impact of innovation throughout capital markets URL:https://cfany.org/event/robinhood-the-retail-renaissance-and-what-it-means-for-fintech-and-capital-markets/ LOCATION:Virtual Only CATEGORIES:CFA Society NY Event,Conference / Seminar,Fintech Thought Leadership Group,Virtual Events & Programming END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/New_York:20210324T180000 DTEND;TZID=America/New_York:20210324T193000 DTSTAMP:20260717T123818 CREATED:20201126T052256Z LAST-MODIFIED:20201204T204136Z UID:64799-1616608800-1616614200@cfany.org SUMMARY:Communication\, Leadership & Public Speaking: hosted by CFANY Toastmasters DESCRIPTION:OverviewDon’t present timid forecasts to CIOs or shy away from telling clients the hard truth: Let CFANY Toastmasters inject confidence and structure into your verbal and written business communication. Participate in our fun and supportive group and gain the skills to make your investment recommendations the ones that get everyone talking! \nVISIT THE CFANY TOASTMASTERS CLUB WEBSITE>> \nWhat’s in it for you?\nOn Wall Street\, rigorous analysis and airtight logic are only half the battle. To effectively put your investment ideas across\, you need to express yourself clearly and think on your feet.  Being persuasive and self-assured in meetings with colleagues and clients will improve your business results. \nHow does it work?\nDon’t worry: Everyone in CFANY Toastmasters started out sweating\, mumbling\, or with a death grip on the podium. Our program is friendly not faultfinding\, and lets you improve at your pace.  The secret is practice first\, effectiveness later.  You will never learn to become a good public speaker from reading “how to” books.  But you will love the applause following your speeches at Toastmasters and appreciate the value of constructive feedback. \nVisit our club today!\nYou won”t regret it. Toastmasters International currently has more than 200\,000 members in 80 countries.  Our CFANY club has maintained Distinguished Club status or better for several years straight\, which means our members really care about becoming polished speakers and leaders.  Check out a CFANY Toastmasters meeting to see how we can refine your stage presence! \nAdditional DetailsContinuing Education Credits – Sponsored by Kaplan Schweser \n1.5 Credits \nAs part of our commitment to raising professional standards in the industry\, CFA Society New York is dedicated to facilitating the continued education of our membership base and the financial community at-large through an expanding variety of Continued Education (CE) programs and offerings. CFANY thanks Kaplan Schweser for sponsoring the administration of our CE platform\, thereby better enabling us to provide our community with high-quality content and opportunities. URL:https://cfany.org/event/communication-leadership-public-speaking-hosted-by-cfany-toastmasters-17/ LOCATION:Virtual Only CATEGORIES:CFA Society NY Event,Committee Meeting,Free for Members,Group Meeting,Interest Group,Interest Group Meetings,Toastmasters,Virtual Events & Programming END:VEVENT END:VCALENDAR