Community - Societies

Newsletter CFA Society Poland
www.cfasociety.org/poland
C
Newsletter
CFA Society
of Poland
No. 2, March
2014
ommunity
www.cfainstitute.org
CFA Society Poland, Nowy Świat 54/56, Warsaw 00-363
Introduction
dla Członków Stowarzyszenia oraz Kandydatów
nity
Dear Society Members, CFA Candidates, Partners and Friends,
We present the second issue of our Newsletter. Recent activities of the board were concentrated on
planned events in 2014, including activities related to Growth Funding obtained by our society.
The important part of Growth Funding activities are within the area of University Outreach. Students
and recent graduates are the main CFA Exam Candidates in our country, being also our important
stakeholders.
Two main activities planned in University Outreach are:
Participation in Career Days organized by AIESEC, this is the largest such event for students,
organized by March in seven cities: Cracow, Gdansk, Katowice, Poznan, Warsaw, Wroclaw,
Lodz;
CFA Days organized in several universities in April and May; this event will consist of
lecture, workshop and promotion of CFA designation and CFA Research Challenge.
We have just completed the fifth edition of CFA Research Challenge. The company covered by
students report was Netia. The winner, team from Wroclaw University of Economics, will participate
in EMEA final in Milan.
The next event will be held on 27th of March, organized jointly with colleagues from ACCA.
www.cfainstitute.org
Prof. Krzysztof Jajuga, President CFA Society Poland
Final CFA Institute Research Challenge
In
In this
this issue
issue
CFA Institute Research Challenge
CFA Society Poland office
Career Days
Labour market
Follow us on social media
Newsletter
PC Chair Election Results
Job postings
Advocacy
Photo: Marek Wiśniewski
CFA & ACCA event
Winning team of the local round of the CFA Institute Research Challenge 2014
Wroclaw University of Economics
Wojciech Zając, Zofia Siarkiewicz, Michał Mordel, Bartłomiej Mielnik, Grzegorz Irodenko
doskonała okazja do refleksji oraz podsumowania ostatnich 10 lat działalności. Rok 2014 rozpocznie nowy etap
NEWSLETTER
Community | No. 2Na| March
|CFA
Society Poland
| office@cfa.com.pl
|www.cfasociety.org/ poland
w historii naszego
Stowarzyszenia.
łamach 2014
naszego
newslettera
będziemy
informować o
przygotowaniach do tego Jubileuszu. Pragniemy, aby ten Jubileusz okazał się wyjątkowy dla wszystkich osób
związanych z CFA Society
of Poland. Więcej informacji na stronie 3.
Page 2
Final CFA Institute Research Challenge
On Tuesday, March 4, 2014 at Warsaw Stock Exchange was held the Local
Final of the world’s premier investment research competition - CFA
Institute Research Challenge.
Four teams from Polish universities participated this year: Wroclaw
University of Economics, Katowice University of Economics, Poznan
University of Economics and University of Warsaw. The Final Round was
opened by the President of CFA Society Poland – prof. Krzysztof Jajuga.
Final presentations were judged by the 5 experienced investment
professionals (Przemysław Barankiewicz, CFA; Rafał Mania, CFA;
Aleksander Mokrzycki, CFA; Piotr Osiecki, CFA; Piotr Sieradzan, CFA).
According to the rules of the competition, after the written reports and
presentations, the winners were defined. The winning university was again
the Wroclaw University of Economics. Prof. Krzysztof Jajuga
Katowice University of Economics
Wroclaw University of Economics
congratulated the winners and thanked all participants for their efforts
and determination.
After the jury verdict Wojciech Zajac from the winning team said: The
challenge was really demanding, yet rewarding. We had to work hard for last
three months to overcome fierce competition and to impress the jury. Now we
look forward to the EMEA finals in April.
The winning team from Wroclaw will represent Poland at the regional
EMEA level in Milan, on 1-2 April 2014. Afterwards the winners from
each regional competitions held in Asia-Pacific, EMEA, and the
Americas, will advance to the Global Final. This year the Global Final,
will be held in Singapore, on 25 April 2014. It is worth to emphasize that
the winner of the Global final CFA Institute Research Challenge 2013
was Wrocław University of Economics.
Poznan University of Economics
University of Warsaw
CFA Society Poland office in Warsaw
We are pleased to announce the opening of first office in Poland/ Warsaw
(on 21 March 2014).
We have stared worked actively in the Polish market and we believe the
time is now right to establish a base in our country. The new office is the
next step in developing our society.
If you plan to mail documents/letters please use Warsaw address. If you
have any questions, please come by our office.
Office address
CFA Society Poland
Nowy Świat 54/56, room no. 24
00-363 Warsaw
Mobile: +48 669 566 720
NEWSLETTER Community | No. 2 | March 2014 |CFA Society Poland | office@cfa.com.pl |www.cfasociety.org/ poland
CFA Society Poland
Page 3
CFA Society Poland during Career Days
AIESEC Career Days is an annual event of AIESEC which aims to
create an interactive bridge between companies, organizations and
students.
During this event young people can learn how to become a member of
a global community of investment professionals dedicated to high
ethical and educational standards and efficient markets.
It is also a great opportunity to find out how to prepare for CFA exams
and how CFA charter can help in developing your career.
We have been in Lodz, Gdansk, Poznan., Wroclaw, Katowice lately.
Find us in your city!
Cracow
Warsaw
Wstęp wolny, zapraszamy z osobą towarzyszącą
Forecasts for Polish labor market in 2014
Agata Rosińska
HRK S.A.
Agnieszka Cieślok
Forecasts for Polish labor market in 2014 are rather optimistic. The financial
services market is to be further consolidated and because of that, some
problems with doubling the positions of managerial staff might appear.
Uncertainty around the Open Pension Funds (OFE) might force to
retraining even high-class specialists, who in reality of shrinking labor
market are starting to think about leaving the capital market. We can still
Unlike countries with a long tradition of free market, young people in
Poland often have the chance to build a dynamic career path. In the west
countries, the main factor influencing the competitive advantage of the
candidate is education gained on a prestigious universities and the
experience built up in the structures of a recognizable, international
companies. In Poland, one of the most important factor creating
employee’s position is possession of unique, demanded by the market
competences, that often require specific certificates. Those certificates,
recognizable
on the world labor market - for example, CFA - in the eyes of
decision-makers give the credence of value presented by the candidate's
competences. In addition such certificates reduce the entry barriers of
labor market and enable candidate starting their career path from the
privileged position - despite the lack of specific professional experience,
the candidate already has proved broad knowledge and shows
determination on increasing qualifications. Furthermore for highly
experienced people who plan to change their job, certificate recognizable
on the international market, may facilitate gaining a position on the level
of top management.
notice the high, constant demand for actuaries and, due to EU regulations,
specialists
in
the
area
of
compliance
and
risk
management.
NEWSLETTER Community | No. 2 | March 2014 |CFA Society Poland | office@cfa.com.pl |www.cfasociety.org/ poland
Page 4
CFA Society Poland on social media
We have started our presence on social media. Whether you are a fan of
Facebook, Twitter or LinkedIn, there is a place for you to engage with other
communities.
By taking part, you can interact with other like-minded individuals,
experts, express your opinions, share knowledge and be the first to get to
know about events and news at CFA Society Poland. You can also get
interesting articles and browse photos from our events.
CFA Institute: PC Chair Election Results
The voting for the Presidents Council Chair election concluded on
Monday, 10 March 2014, and the results subsequently were reviewed
and verified by the Presidents Council Nominating Committee.
We are pleased to inform you that Dan Fasciano, CFA, officially was
elected as Presidents Council Chair for a two-year term commencing 1
September 2014. . We wish to thank Arthur Thompson, CFA and Jason
Bell, CFA for conducting a well-run campaign for this position and for
their time, effort and willingness to continue their volunteer service.
We wish to also thank the 2014 Presidents Council Nominating
Committee for their time and commitment to the elections process.
Job postings – have a position available?
You may post your job on the CFA Society Poland website.
This job board is a free resource to any employer group who wants to
advertise jobs that are of interest to CFA charterholders or candidates of
the CFA program. A job posting includes a listing posted on the website
for 30 days, as well as a list of the position sent to all active CFA Society
Members and Candidates.
If you have a position that you would like to post to this site, please
email a job description to Monika Grabek:
monika.grabek@poland.cfasociety.org
NEW: http://www.cfasociety.org/poland/Pages/Jobs.aspx
Advocacy
Advocacy means speaking up about ethics and professional standards,
supporting fair and transparent financial markets and practices, and
protecting the interests of investors.
CFA Society Poland represents the interests of CFA Institute with regards
to advocating CFA Institute’s Code of Ethics and Standards of Practice to
Polish securities regulators, standard setters, self-regulatory
organizations, industry groups and legislators.
If you wish to become a volunteer involved in advocacy issues, please
email piotr.sieradzan@poland.cfasociety.org, including the level of
involvement you'd consider.
NEWSLETTER Community | No. 2 | March 2014 |CFA Society Poland | office@cfa.com.pl |www.cfasociety.org/ poland
CFA & ACCA
BUSINESS
MIXER
27 MARCH, 2014
rrrRRRRDXCRRR.
Prof. Krzysztof Jajuga, President CFA Society
Poland
„Financial statement – Finance analysts’ needments”
Venue
Hotel Radisson Blu Centrum, Grzybowska 24, 00-132 Warszawa
www.radissonblu.com/hotel-warsaw
Schedule
EVENT
17:45 – 18:00 – Registration
18:00 – 18:10 – Welcome remarks
FOR
MEMBERS
Magdalena Hernandez, ACCA Polska
Monika Grabek, CFA Society Poland
18:10 – 19:30 – „Financial statement – Finance analysts’ needments”
Prof. Krzysztof Jajuga, President CFA Society Poland
19:30 – 21:00 – Networking and Buffet Dinner
R.S.V.P.: office@cfa.com.pl, by 25 March 2014
NEWSLETTER Community | No. 2 | March 2014 |CFA Society Poland | office@cfa.com.pl |www.cfasociety.org/ poland
Page 6
Useful links
CFA Society Poland
CFA Society Poland – Membership
CFA Society Poland – Volunteer
CFA Society Poland – Research Challenge
CFA Institute
CFA Institute – Mission & Vision
CFA Program
Claritas Investment Certificates
CFA Society Poland
CFA Institute – Code of Ethics and Standards of Professional
Conduct
CFA Society Poland was established in 2004 and is one of the fastest growing member societies of the International CFA
CFA
Institute
– Future
ofover
Finance
Institute.
It brings
together
350 CFA charterholders. Every year new members, who obtained the right to use the title of
CFA charterholder having passed the examination process among more than 1,500 candidates, join in the Society. At present,
the Society has opened its doors to persons who do not hold the title of CFA charterholder and can also become its members.
CFA Society Poland disseminates and implements the highest ethical and educational standards relating to activities of the
investment sector in Poland. CFA Society Poland is an association bringing together professionals who are involved in the
widely-understood sphere of investing and financial management. The organization brings together portfolio managers,
financial analysts, investment advisors, risk managers as well as many experienced finance practitioners.
.
CFA Institute
CFA Institute is the global association of investment professionals that sets the standard for professional excellence and
credentials. The organization is a champion for ethical behaviour in investment markets and a respected source of knowledge
in the global financial community. The end goal: to create an environment where investors’ interests come first, markets
function at their best, and economies grow. CFA Institute has more than 160,000 members in 61 countries including 120,000
CFA charterholders and 139 member societies.
NEWSLETTER Community | No. 2 | March 2014 |CFA Society Poland | office@cfa.com.pl |www.cfasociety.org/ poland