{"product_id":"canadian-securities-exam-fast-track-study-guide-isbn-9781118605684","title":"Canadian Securities Exam Fast-Track Study Guide","description":"\u003cb\u003eA concise and practical guide to preparing for the Canadian Securities Exam\u003c\/b\u003e \u003cp\u003eFor anyone dreaming of a career in the Canadian finance industry, whether in banking, brokerage, financial planning, or mutual funds, passing the Canadian Securities Exam is the first step on the path to success. But there's a lot of material to know and almost everyone needs a helping hand. Thankfully, the \u003ci\u003eCanadian Securities Exam Fast-Track Study Guide\u003c\/i\u003e is the perfect quick-review tool covering all the basics you need to know. It includes \"quick hits\" of the key points in language that's straightforward and easy to understand. Fully updated to cover the latest topics added to the CSC curriculum, this is the perfect study guide for staying cool under pressure and getting the best score you can. An ideal way to prepare for the Canadian Securities Exam, this handy guide will have you fully prepped and ready to go in no time flat.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eAn affordable, compact study guide that simply summarizes must-know information\u003c\/li\u003e \u003cli\u003eFeatures 400 sample questions, including multiple choice chapter review questions and two full practice exams, as well as cross-referencing to the CSC textbook\u003c\/li\u003e \u003cli\u003eWritten by a professor of finance and the Director of the Master of Management in Finance program at Queen's School of Business, Queen's University\u003c\/li\u003e \u003cli\u003eIdeal for finance students who need a quick review of the vital information they need to pass the Canadian Securities Exam\u003c\/li\u003e \u003c\/ul\u003e  \u003cp\u003eAcknowledgements vi\u003c\/p\u003e \u003cp\u003eIntroduction: How to Use this Book vii\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1: The Capital Market 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 1\u003c\/p\u003e \u003cp\u003eSuppliers and Users of Investment Capital 1\u003c\/p\u003e \u003cp\u003eThe Role of Financial Instruments 4\u003c\/p\u003e \u003cp\u003eFinancial Markets 5\u003c\/p\u003e \u003cp\u003eChapter 1 Review Questions 8\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2: The Canadian Securities Industry 11\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAn Overview of the Canadian Securities Industry 11\u003c\/p\u003e \u003cp\u003eThe Role of Financial Intermediaries 11\u003c\/p\u003e \u003cp\u003eThe Canadian Securities Industry 12\u003c\/p\u003e \u003cp\u003eChartered Banks 14\u003c\/p\u003e \u003cp\u003eOther Intermediaries 16\u003c\/p\u003e \u003cp\u003eChapter 2 Review Questions 18\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3: The Canadian Regulatory Environment 21\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRegulatory Organizations 21\u003c\/p\u003e \u003cp\u003eArbitration 24\u003c\/p\u003e \u003cp\u003eRegulation and Investor Protection 24\u003c\/p\u003e \u003cp\u003eThe Ethics of Trading 26\u003c\/p\u003e \u003cp\u003eTakeovers and Insider Trading 28\u003c\/p\u003e \u003cp\u003eChapter 3 Review Questions 29\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4: Economic Principles 33\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eOverview of Economics 33\u003c\/p\u003e \u003cp\u003eMeasuring the Economy 34\u003c\/p\u003e \u003cp\u003eLabour Markets 36\u003c\/p\u003e \u003cp\u003eInterest Rates 37\u003c\/p\u003e \u003cp\u003eMoney and Inflation 38\u003c\/p\u003e \u003cp\u003eInternational Economics 39\u003c\/p\u003e \u003cp\u003eChapter 4 Review Questions 41\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5: Economic Policy 45\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eEconomic Theories 45\u003c\/p\u003e \u003cp\u003eFiscal Policy 46\u003c\/p\u003e \u003cp\u003eMonetary Policy 46\u003c\/p\u003e \u003cp\u003eChapter 5 Review Questions 49\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6: Fixed-income Securities: Features and Types 53\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eOverview and Terminology 53\u003c\/p\u003e \u003cp\u003eBond Features 54\u003c\/p\u003e \u003cp\u003eGovernment Securities 56\u003c\/p\u003e \u003cp\u003eCorporate Bonds 57\u003c\/p\u003e \u003cp\u003eChapter 6 Review Questions 61\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7: Fixed-income Securities: Pricing and Trading 67\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBond Pricing Principles 67\u003c\/p\u003e \u003cp\u003eThe Term Structure of Interest Rates 71\u003c\/p\u003e \u003cp\u003eDelivery, Regulation, and Settlement 72\u003c\/p\u003e \u003cp\u003eBond Indexes 73\u003c\/p\u003e \u003cp\u003eChapter 7 Review Questions 74\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8: Equity Securities: Common and Preferred Shares 79\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 79\u003c\/p\u003e \u003cp\u003eCommon Shares 79\u003c\/p\u003e \u003cp\u003ePreferred Share Characteristics 81\u003c\/p\u003e \u003cp\u003eStock Indices and Averages 87\u003c\/p\u003e \u003cp\u003eChapter 8 Review Questions 89\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9: Equity Securities: Equity Trading 95\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCash and Margin Accounts 95\u003c\/p\u003e \u003cp\u003eShort Sales 97\u003c\/p\u003e \u003cp\u003eEquity Transactions 98\u003c\/p\u003e \u003cp\u003eChapter 9 Review Questions 99\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10: Derivatives 105\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 105\u003c\/p\u003e \u003cp\u003eOptions 106\u003c\/p\u003e \u003cp\u003eFutures and Forwards 112\u003c\/p\u003e \u003cp\u003eRights and Warrants 115\u003c\/p\u003e \u003cp\u003eChapter 10 Review Questions 118\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11: Financing and Listing Securities 123\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBasic Forms of Business Organization 123\u003c\/p\u003e \u003cp\u003eThe Incorporation Process 125\u003c\/p\u003e \u003cp\u003eGovernment and Corporate Financing 127\u003c\/p\u003e \u003cp\u003eThe Financing Procedure 130\u003c\/p\u003e \u003cp\u003eThe Listing Process 133\u003c\/p\u003e \u003cp\u003eChapter 11 Review Questions 135\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12: Corporations and Their Financial Statements 139\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUnderstanding Financial Statements 139\u003c\/p\u003e \u003cp\u003eStatement of Financial Position 139\u003c\/p\u003e \u003cp\u003eStatement of Comprehensive Income 143\u003c\/p\u003e \u003cp\u003eOther Components 145\u003c\/p\u003e \u003cp\u003eChapter 12 Review Questions 146\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13: Fundamental and Technical Analysis 151\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eOverview 151\u003c\/p\u003e \u003cp\u003eFundamental Macroeconomic Analysis 152\u003c\/p\u003e \u003cp\u003eIndustry Analysis 153\u003c\/p\u003e \u003cp\u003eFundamental Valuation Models 155\u003c\/p\u003e \u003cp\u003eTechnical Analysis 158\u003c\/p\u003e \u003cp\u003eChapter 13 Review Questions 160\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14: Company Analysis 165\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFundamental Company Analysis 165\u003c\/p\u003e \u003cp\u003eInterpreting Financial Statements 166\u003c\/p\u003e \u003cp\u003eAssessing Preferred Share Investment Quality 174\u003c\/p\u003e \u003cp\u003eChapter 14 Review Questions 176\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15: Introduction to the Portfolio Approach 183\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 183\u003c\/p\u003e \u003cp\u003eRisk and Return 183\u003c\/p\u003e \u003cp\u003ePortfolio Risk and Return 187\u003c\/p\u003e \u003cp\u003eThe Portfolio Management Process 189\u003c\/p\u003e \u003cp\u003eChapter 15 Review Questions 191\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16: The Portfolio Management Process 197\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDeveloping an Asset Mix and Selecting Investment Styles 197\u003c\/p\u003e \u003cp\u003eImplementing the Asset Mix 200\u003c\/p\u003e \u003cp\u003eMonitoring the Economy, the Markets, the Portfolio, and the Client 201\u003c\/p\u003e \u003cp\u003eEvaluating Portfolio Performance 202\u003c\/p\u003e \u003cp\u003eChapter 16 Review Questions 203\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17: Evolution of Managed and Structured Products 209\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eManaged versus Structured Products 209\u003c\/p\u003e \u003cp\u003eChapter 17 Review Questions 211\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 18: Mutual Funds: Structure and Regulation 213\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 213\u003c\/p\u003e \u003cp\u003eThe Structure of Mutual Funds 214\u003c\/p\u003e \u003cp\u003eLabour-sponsored Venture Capital Corporations (LSVCCs) 217\u003c\/p\u003e \u003cp\u003eRegulation of Mutual Funds 219\u003c\/p\u003e \u003cp\u003eChapter 18 Review Questions 223\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 19: Mutual Funds: Types and Features 227\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTypes of Mutual Funds 227\u003c\/p\u003e \u003cp\u003eFund Management Styles 229\u003c\/p\u003e \u003cp\u003eRedeeming Mutual Fund Units or Shares 229\u003c\/p\u003e \u003cp\u003eComparing Mutual Fund Performance 231\u003c\/p\u003e \u003cp\u003eChapter 19 Review Questions 233\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 20: Segregated Funds and Other Insurance Products 237\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eKey Features of Segregated Funds 237\u003c\/p\u003e \u003cp\u003eMaturity Guarantees and Benefits 238\u003c\/p\u003e \u003cp\u003eFees and Expenses 241\u003c\/p\u003e \u003cp\u003eTax Considerations 242\u003c\/p\u003e \u003cp\u003eRegulation 245\u003c\/p\u003e \u003cp\u003eOther Insurance Products 247\u003c\/p\u003e \u003cp\u003eChapter 20 Review Questions 247\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 21: Hedge Funds 251\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eOverview of Hedge Funds 251\u003c\/p\u003e \u003cp\u003eHedge Fund Indexes 253\u003c\/p\u003e \u003cp\u003eBenefits and Risks of Hedge Funds 253\u003c\/p\u003e \u003cp\u003eDue Diligence 254\u003c\/p\u003e \u003cp\u003eHedge Fund Strategies 255\u003c\/p\u003e \u003cp\u003eFunds of Hedge Funds 257\u003c\/p\u003e \u003cp\u003eChapter 21 Review Questions 257\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 22: Exchange-listed Managed Products 261\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eClosed-end Funds 261\u003c\/p\u003e \u003cp\u003eIncome Trusts 262\u003c\/p\u003e \u003cp\u003eExchange-traded Funds 263\u003c\/p\u003e \u003cp\u003eChapter 22 Review Questions 264\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 23: Fee-based Accounts 267\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFee-based Accounts 267\u003c\/p\u003e \u003cp\u003eChapter 23 Review Questions 269\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 24: Structured Products 271\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePrincipal Protected Notes (PPNs) 271\u003c\/p\u003e \u003cp\u003eIndex-linked Guaranteed Investment Certificates (GICs) 272\u003c\/p\u003e \u003cp\u003eSplit Shares 272\u003c\/p\u003e \u003cp\u003eAsset-backed Securities (ABS) 273\u003c\/p\u003e \u003cp\u003eMortgage-backed Securities (MBS) 274\u003c\/p\u003e \u003cp\u003eChapter 24 Review Questions 274\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 25: Canadian Taxation 277\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTaxes and Taxation Issues 277\u003c\/p\u003e \u003cp\u003eTaxation of Investment Income 278\u003c\/p\u003e \u003cp\u003eTax Deferral Plans 281\u003c\/p\u003e \u003cp\u003eBasics of Tax Planning 284\u003c\/p\u003e \u003cp\u003eChapter 25 Review Questions 285\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 26: Working with the Retail Client 289\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Process of Financial Planning 289\u003c\/p\u003e \u003cp\u003eFinancial Planning Aids 291\u003c\/p\u003e \u003cp\u003eEthics and the Financial Advisor 292\u003c\/p\u003e \u003cp\u003eCase Studies 294\u003c\/p\u003e \u003cp\u003eChapter 26 Review Questions 296\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 27: Working with the Institutional Client 299\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWho Are Institutional Clients? 299\u003c\/p\u003e \u003cp\u003eSuitability Requirements for\u003c\/p\u003e \u003cp\u003eInstitutional Investors 300\u003c\/p\u003e \u003cp\u003eRoles and Responsibilities in the Institutional Market 301\u003c\/p\u003e \u003cp\u003eChapter 27 Review Questions 301\u003c\/p\u003e \u003cp\u003eCSC Practice Examination #1: Chapters 1–12 319\u003c\/p\u003e \u003cp\u003eCSC Practice Examination #2: Chapters 13 –27 341\u003c\/p\u003e \u003cp\u003eAnswers to Practice Exam #1: Chapters 1–12 363\u003c\/p\u003e \u003cp\u003eAnswers to Practice Exam #2: Chapters 13 –27 369\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eDr. Sean Cleary, Ph.D., CFA,\u003c\/b\u003e is BMO Professor of Finance and Director of the Master of Finance program at Queen's School of Business, Queen's University. Dr. Cleary holds a Ph.D. in finance from the University of Toronto, and an MBA. He is a Chartered Financial Analyst (CFA) charter holder and a former Board member of both the Toronto CFA Society and the Atlantic Canada CFA Society. He has completed the Professional Financial Planning Course (PFPC), the Canadian Securities Course (CSC), as well as the Investment Funds Institute of Canada (IFIC) Mutual Fund Course. He has been on the faculty at St. Mary's University and the Schulich School of Business, York University, and has taught preparation courses for the Canadian Securities Exam. Dr. Cleary has published numerous articles in the \u003ci\u003eJournal of Finance\u003c\/i\u003e, the \u003ci\u003eJournal of Financial and Quantitative Analysis\u003c\/i\u003e, \u003ci\u003eFinancial Management\u003c\/i\u003e, the \u003ci\u003eJournal of Banking and Finance\u003c\/i\u003e, the \u003ci\u003eJournal of Multinational Financial Management\u003c\/i\u003e, the \u003ci\u003eJournal of Financial Research\u003c\/i\u003e, the \u003ci\u003eInternational Journal of Managerial Finance\u003c\/i\u003e, the \u003ci\u003eCanadian Investment Review\u003c\/i\u003e, and the \u003ci\u003eCanadian Journal of Administrative Sciences\u003c\/i\u003e. He is co-author of the first three editions of \u003ci\u003eIntroduction to Corporate Finance\u003c\/i\u003e (Wiley, 2007, 2010, 2013), as well as numerous other finance textbooks.\u003c\/p\u003e  \u003cp\u003e\u003cb\u003ePreparing for the Canadian Securities Exam just got easier... with the \u003ci\u003eCanadian Securities Exam Fast-Track Study Guide\u003c\/i\u003e, 4th Edition, from Wiley\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhether your career aspirations lie in banking, financial planning, the mutual fund industry or a brokerage, you can't avoid taking the Canadian Securities Exam. But there's a lot of material to know for the day of the examination, and it can be a daunting task to assimilate such a wide body of knowledge.\u003c\/p\u003e \u003cp\u003eThe Wiley \u003ci\u003eCanadian Securities Exam Fast-Track Study Guide\u003c\/i\u003e is a quick-review tool that covers all the basics you need to know to pass the exam. It presents \"quick hits\" of the key points, in language that's easy to understand and follow. This concise study aid:\u003c\/p\u003e \u003cul\u003e \u003cli\u003esummarizes the essential \"need-to-know\" information\u003c\/li\u003e \u003cli\u003ehighlights important topics\u003c\/li\u003e \u003cli\u003efeatures multiple-choice review questions at the end of each chapter\u003c\/li\u003e \u003cli\u003emakes material easy to read, understand and remember\u003c\/li\u003e \u003cli\u003eincludes 400 sample questions, including multiple-choice chapter review questions and two full practice exams, as well as cross-referencing to the CSC textbook\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003cb\u003eThis edition has been completely updated and revised to reflect recent changes to the course and the exams. It features updates throughout, new questions and new practice exams, and it has been restructured for ease of use and comprehension.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDon't let the stress and amount of material you need to know for the exam overwhelm you. Prepare yourself with the \u003ci\u003eCanadian Securities Exam Fast-Track Study Guide\u003c\/i\u003e. It's the perfect quick-review tool to wrap up your studying and help you focus on doing your best on the exam.\u003c\/p\u003e \u003cp\u003eThis text is designed primarily for students who are enrolled in the Canadian Securities Course (CSC)® through CSI Global Education Inc. (CSI)® and who are in the final stages of preparing to write either of their two CSC exams. It should be considered a companion to the CSI materials, not a substitute. CSI \u003ci\u003edoes not sponsor or endorse this product\u003c\/i\u003e.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47988880441573,"sku":"NP9781118605684","price":69.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118605684.jpg?v=1761781897","url":"https:\/\/k12savings.com\/es\/products\/canadian-securities-exam-fast-track-study-guide-isbn-9781118605684","provider":"K12savings","version":"1.0","type":"link"}