CFA Victoria Is Pleased to Offer up to 10 Scholarships for The

CFA Victoria Scholarship Program

CFA Victoria is pleased to offer up to 10 scholarships for the June 2010 CFA exam

What does the scholarship cover? Up to ten recipients will receive a scholarship that covers the Enrollment and all but US$220 of the Registration Fees for any level of the June 2010 sitting of the CFA exam (i.e. Levels I, II or III, and for a value of up to US$1,200).

Scholarship recipients will also receive a complimentary one-day practice examination prepared by the Boston Security Analysts Society to be held in spring 2010 in Victoria (date still to be finalized).

Who is eligible for a scholarship? There are no restrictions as to who is eligible for a scholarship, except for the following:

(1) Scholarships cannot be awarded to CFA Victoria’s officers, directors, employees or their immediate families;

(2) If an applicant is an undergraduate student, he or she must be in his or her final year, and scheduled to receive a bachelor’s degree;

(3) An applicant must be a resident of Vancouver Island or a Gulf Island; and,

(4) The selection committee will not award a scholarship to an applicant who has previously received a scholarship for the level in which he or she is enrolled. (i.e., if you received a scholarship for Level 1 but did not pass, you are not eligible for a second scholarship for Level 1. You may re-apply once you are enrolled for Level 2.)

You may apply for a scholarship at each level. Be advised, however, that preference will be given to those applicants who (a) have successfully met the application criteria and (b) have not previously been awarded a scholarship.

How do you apply for a scholarship? (1) Complete the attached application form.

(2) Prepare a short essay (not more than 300 words) that addresses the following questions: “Why is compliance with the CFA Institute’s Code of Ethics and Standards of Professional Conduct important in your workplace; and how does compliance benefit your clients and the general public, including other investors? How do you benefit as well?”

You may also consider addressing your organization’s own Code of Ethics (or similar policy) in the essay. If your current situation is not relevant (i.e., you are a student or not in a capital market/finance based job), you may use a hypothetical situation in your essay. (3) Return the completed application (including all attachments) to Rob Bennett ([email protected]) in a PDF format. In the email, please indicate your first and last name in the subject line.

Applicants are strongly encouraged to submit in electronic format. However, if you are unable to return the completed application in electronic format, please mail or deliver a hard copy to Rob Bennett, Education Chair, CFA Victoria Society, at 4077 Monarch Pl., Victoria, BC, V8N 4B7.

(4) The application deadline is November 23, 2009 at 5:00 PM local time. Successful applicants will be contacted by the end of December.

How will scholarship winners be selected? The criteria for awarding the scholarships are based upon a combination of your responses to the questions in the application form, particularly the ones with respect to financial need and the value to you of achieving a CFA Charter”; for your essay; and for the general completeness of your application.

In the section pertaining to financial need please outline, if applicable, what financial support your employer will be providing in terms of the CFA Program.

If your Application is Successful If your scholarship application is successful:

1. You will be sent an email advising that you will receive a scholarship. (Please note that CFA Victoria does not provide scholarship winners with additional documentation confirming their receipt of the scholarship.) Unsuccessful applicants will not be contacted.

2. A Verification Form will be distributed to successful applicants in December or early January. Complete this form and mail it to Rob Bennett at the address below or email it to him at [email protected] . Please write neatly and carefully. If the form is not legible or accurately filled out it will not be accepted.

Rob Bennett Education Chair CFA Victoria Society 4077 Monarch Pl., Victoria, BC, V8N 4B7

3. To receive a scholarship, the Verification Form will need to be returned to CFA Victoria at the above address by January 12, 2010.

4. Unless written notification is sent to the Education Chair by January 15, 2010, CFA Victoria reserves the right to publish the names of the scholarship recipients.

CFA Victoria reserves the right to rescind all or a portion of the scholarship if the specific circumstances warrant.

Questions? Please direct any questions with respect to the scholarship program to Rob Bennett. Contact the CFA Institute directly with all enquiries about enrolling for the CFA Program.