CFA Song

Verse 1: The Basics of Finance
(Tune: "Twinkle, Twinkle, Little Star")
Valuation, that's the start,
Time value of money, know by heart,
Present, future, annuities too,
Discount rates, we'll guide you through,
Asset pricing, bonds and stocks,
In the markets, watch the clocks.
Chorus: Ethics and Professionalism
(Tune: "Jingle Bells")
Ethics first, ethics first, always lead the way,
Integrity, diligence, it's the CFA way, hey!
Fairness, objectivity, be transparent too,
In your work and in your life, these values stick like glue!
Verse 2: Financial Reporting & Analysis
(Tune: "Row, Row, Row Your Boat")
Balance sheets, income, flow,
Statements we must know,
Assets, liabilities,
Equity’s the show.
Ratios tell the story clear,
ROE, we hold dear,
LIFO, FIFO, depreciation,
Analyze without fear.
Chorus: Economics and the Market
(Tune: "Yankee Doodle")
Supply and demand, the market's hand,
Interest rates, they guide the land,
Inflation, deflation, GDP,
Understand the economy, that's the key!
Verse 3: Corporate Finance and Portfolio
(Tune: "Happy Birthday")
Capital structure, dividends,
NPV, IRR, let's blend,
Diversify, minimize risk,
In your portfolio, that's the trick.
Beta measures, alpha shines,
CFA, we learn the signs.
Chorus: Fixed Income and Derivatives
(Tune: "Old MacDonald Had a Farm")
Bonds and yields, coupon's call,
Interest rate risks, we know them all,
Derivatives, futures, swaps,
Hedging, speculating, never stops.
Bridge: Ethics and Standards
(Tune: "This Old Man")
Fair dealing, full disclosure,
Conflicts must we do expose, sir,
In all actions, be precise,
CFA, it's more than just advice!
Verse 4: Alternative Investments and Wealth
(Tune: "Mary Had a Little Lamb")
Hedge funds, real estate, private equity,
Manage wealth with strategy,
Taxes, trusts, estate planning too,
Long-term goals, we'll guide you through.
Finale: Review and Confidence
(Tune: "We Will Rock You")
You've studied hard, you know it now,
CFA exam, take your bow,
Knowledge gained, your mind's the tool,
Pass the exam, and stay cool!