The course will provide students with advanced knowledge of the CFA's Code of Ethics and Standards of Professional Conduct and the areas of application of each standard. Students will acquire an in depth understanding of practical ways to maintain an ethical behavior in the field of investment management and will be led to reflect on the importance of professional conduct to avoid loss of reputation, integrity and the potential for legal actions. The seminar will give students a better understanding of selected topics of the CFA level 1 exam. The course is a prerequisite for participation in the assignment of CFA exam scholarships, which will be given to top students upon formal request through the university’s competition announcement.

Knowledge and understanding: through lecture participation and case studies, the student will develop the ability to understand ethical issues relating to the world of finance as well as the workplace dynamics that can create ethically complex situations. The student will also learn about the CFA certification format and the topics which are studied through the first level of the examination. At the end of the course there will be a written test. Ability to apply knowledge and understanding: By acquiring the correct tools and methods for theory application, the student will be able to interpret situations capable of generating ethical dilemmas and choose the most appropriate course of action. Autonomy of judgment: Through the use of the methodologies acquired during the course, the student will acquire skills necessary to analyse situations and identifying the information necessary for their solution. Specifically, critical thinking skills will be adequately developed by carrying out case studies on real life situations. Communication skills: At the end of the course the student will be able to master, with adequate terminological precision, the lexicon characterizing the topics covered during the seminar. Learning skills: The knowledge acquired during the course will allow the student to independently understand and interpret situations related to ethical dilemmas. The student will develop a solid knowledge of the fundamental aspects of the subject that will allow him to continue to deepen the topics addressed independently.

Topics covered in the CFA Code of Ethics and Standards of Professional Conduct.

"Ethical and Professional Standards and Quantitative Methods" (CFA Program Curriculum Volume 1) with the addition of material distributed in class and slides presented. The course will address only the book’s topics related to ethics.

Theoretical learning phase based on slides presented in class, followed by exercises, debates and group work

The conditions for obtaining eligibility for the Ethical Perspectives and Standards in Finance seminar are 1) the attendance to at least 80% of the lessons and 2) achievement of the minimum necessary grade indicated by the professor for the final test. The final test for students’ evaluation will be in written format. The test will consist of a set of multiple choice questions, simulating CFA exam conditions (predefined time available per question). The number of questions will be decided by the professor during the course of the seminar and communicated to the students before the final test. The student will have to demonstrate knowledge of theoretical notions acquired during the Ethical Perspectives and Standards in Finance seminar, the ability to apply them on case studies and that they have achieved the self-sufficiency/learning ability necessary to continue studying the subject independently. Failure to achieve a score equal to at least 50% of correct answers will constitute a failed test.

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