Beaufort stockbroker, Ron Faulkner was amongst a group of successful candidates presented with a Society of Technical Analysts (STA) Diploma at an award ceremony during the organisation’s Summer Party on 12th July 2016.
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Above: Ron Faulkner (right) being presented with his STA Diploma
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Luise Kliem FSTA, STA consultant and lecturer, gave a brief introduction to the two stages of the Diploma course. Diploma Part I took place during the autumn term, Part 2 the spring one, both consisting of weekly evening lectures at the London School of Economics (which has hosted the course since 2002). The first served as an introduction to students with little or no knowledge of the subject, a sort of general overview of the methods and concepts behind technical analysis. The second, and longer course, went into greater detail on the subject, something that this year’s successful candidates found particularly interesting. It prepares them for April’s final exam which gave those who passed it the professional MSTA qualification, accredited by CISI.
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Above: MSTAs receiving their diplomas at the Awards Ceremony included Ron Faulkner, Mohsin Bukhari, Federico Bustos, Simon Gray (Distinction), Serge Mazodila, Kenneth Ndungu, Guillaume Osouf (Distinction), Pavandeep Punny, Colin Ringrose and Olga Small
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A record number enrolled last October and an average of 30 usually go on to Part 2. The exam is rigorous, essay format rather than multiple choice, and the pass rate tends to be between 2/3 and 3/4 of the total intake. A very clever few who score over 85% are awarded a distinction.
STA Chairman Axel Rudolf FSTA presented the Diplomas as Luise called them up one by one. All looked chuffed by their success and the warm rounds of applause they received.
Well done all of you – especially Ron!