CFA Level 1 June-2010

vikas_blue1 · December 13, 2009, 7:04pm

arkos Says
Hi frnds some suggestions needed. will a bank PO job do any good for tht ultimate finance pursuit? or an IT job is better? i've an option to join TCS or federal bank. really confused on which one to pick

Any day ,a job in TCS. It gives you a good profile . Meantime , while you are working you can work on your interests be it Finance(CFA,FRM,etc) pursuits or an MBA .

cfa_knight · December 14, 2009, 1:52pm

arkos Says
Hi frnds some suggestions needed. will a bank PO job do any good for tht ultimate finance pursuit? or an IT job is better? i've an option to join TCS or federal bank. really confused on which one to pick

Please the thread is for CFA 2010 aspirants....don't devaite from the subject.....

cfa_knight · December 14, 2009, 2:02pm

Puys
i am currently studying Economics from Schweser Notes. Now what I have been doing after finishing the readings from Schweser I read likewise from the curriculum. It feels a bit easier to understand this way....

Economics is fun if you can relate it to real-word scenarios....
Like the current inflation rise with the supply and demand curves.
i am njoying the stuff.....

cfa_knight · December 14, 2009, 2:05pm

@ll,
As mentioned in one of my earlier posts I will be collecting the last book in the curriculum and CD from laxmi Xerox centre after 15th December as I was informed by them.

Hope others also make a note of it.

shyamkakkad · December 15, 2009, 2:33pm

hye friend even i got the book from laxmi xerox,,but this year the quality seems to be sad this year as compaired to last year.....

@ll,
As mentioned in one of my earlier posts I will be collecting the last book in the curriculum and CD from laxmi Xerox centre after 15th December as I was informed by them.

Hope others also make a note of it.

june2010 · December 16, 2009, 8:12am

Do you think we need to understand the derivations like this?

Relationships between Marginal Cost and Average Cost Minute-Class.com Blog Archive Relationships between Marginal Cost and Average Cost (CFA Video)

cfa_knight · December 17, 2009, 9:24am

Hi Puys,
Need help...!

on Monte Carlo Simulation - Quantitative Analysis...

I read it, re-read it agian and again but still seems alll going as a bouncer...

If anyone can make it easeir for me to understand it...

dds · December 18, 2009, 2:24am

Hi Puys,
Need help...!

on Monte Carlo Simulation - Quantitative Analysis...

I read it, re-read it agian and again but still seems alll going as a bouncer...

If anyone can make it easeir for me to understand it...

I think Monte carlo wud be much simple to understand if u go thru applications dat uses monte carlo...and as per my knowledge its application is not der in L1...so for time being it wud be OK if u jst memorize the formula..

gunjan.upadhyay · December 18, 2009, 12:12pm

Puys
i am currently studying Economics from Schweser Notes. Now what I have been doing after finishing the readings from Schweser I read likewise from the curriculum. It feels a bit easier to understand this way....

Economics is fun if you can relate it to real-word scenarios....
Like the current inflation rise with the supply and demand curves.
i am njoying the stuff.....

hey i have just started the econmics part from schweser notes.even m enjoing it a lot..

super_android · December 18, 2009, 12:55pm

VERY true. also it is very imp to remember the graphs in eco.

karl · December 18, 2009, 4:02pm

Hi Puys,
Need help...!

on Monte Carlo Simulation - Quantitative Analysis...

I read it, re-read it agian and again but still seems alll going as a bouncer...

If anyone can make it easeir for me to understand it...

Dude, I haven't gone through the Monte Carlo simulation that is given there in notes and all, but from my understanding it is just a way to estimate the parameters and hence useful for fitting the model,there can be both complex and simple form of the same.

One simple example is that of square and circle (side and radius =a and b)
Circle is inscribed in square.
Suppose you don't the value of pi,

And you have a system through which you could uniformly spread say tiny stones (identical) into the area,say do that, for 5000 times and count the ,total no of stones that fall within Circle (say X) within square (say Y).

now what you get is X*Area of stone/5000 = pi*a^2
OR X/Y = pi*(a/b)^2

here,you got two estimates, choose one which has lesser variance and so on,

MCMC is in general an easier route for estimating the parameters of a model when traditional way of estimating the parameters gets difficult,

hope there is some light,

Cheers
Chetkar

dev_sarvaiya · December 19, 2009, 10:32am

Hi guys...
M planiin 2 register myself 4 june'10....b4 d bottomline in d month of feb..
m stayin at 079 A'bad so to d guys of L1 from d a'bad can contact me so we can form a study group

prateekvarshney · December 20, 2009, 5:15am

hello all!!!!!!!
new to this site so hi to every1

1-I don't have any finance knowledge so I wanted 2 know 4m where can I start with the basics..............pls keep in mind I hav NO finance or accounts knowledge

2- I needed 2 know how to start my preparation (I'm thinking of giving the xam in jun-2010)..........

3-Material Required?????

4-Is Mumbai now officially recognized as a test destination......

5-what is the xact date of the exam....Is it a window based test or single date.....

6-some strategies on how to successfully crack it in a single go............

any help will be appreciated..............THANKS ALL

I mistakingly posted this in some other thread also....SORRY

ng_gauravjoshi · December 20, 2009, 11:43am

Hi Puys,

I am thinking about giving a go at CFA June-2010, I am a BTech (No MBA ),
Working for a financial firm in Delhi. I have 4 years of experience in IT but financial domain experience is only 4 months.

Well, the last date for application is 17th Feb, 2010 (although 17th March is also an option but why spare $320 extra) so first looking forward to test myself (still have it in me to study this regularly) and then apply for this somewhere in mid Jan.

Got hold of schweser notes (Soft copy), will be following them. I am up for any study group. Currently I live in charmwood village(Near South Delhi)

Regards
Gaurav

prateekvarshney · December 20, 2009, 5:33pm

count me in
but i dont have ne notes

i live in ROHINI delhi

Pls reply

cfa_knight · December 21, 2009, 9:07am

hey PPL,
Came to know about a good coaching class for CFA. It conducts coaching for all three levels. Check it out..

Ace3Levels - CFA/ FRM Coaching, Financial Finishing School, Corporate Training/ Learning

Its also registered under CFA website as a vendor for the same like Schweser.

Hope it helps...

Cheers.

prateekvarshney · December 21, 2009, 4:23pm

pls tell me a good book 4m which i can start preparing the basics of accounts nd finance

I DONT hav any beforehand knowledge about them.................

pls i hav around 1 spare mnth
so help me puys!!!!!!!!!!!!

cardoc · December 21, 2009, 7:18pm

hey lets do that....wat have u finished studyin

hellboy999 · December 22, 2009, 2:30am

pls tell me a good book 4m which i can start preparing the basics of accounts nd finance

I DONT hav any beforehand knowledge about them.................

pls i hav around 1 spare mnth
so help me puys!!!!!!!!!!!!

hey the best way to start accounting basics is to read a First Year Junior College Financial Accounts textbook.I am aware of books in Mumbai.But not sure if they wil be available in ur area.

prateekvarshney · December 22, 2009, 11:00am

hi
pls ne1 tell me the books or links 4m which i can prepare the basics of finance nd accounts...........

NAME of the book PLEASE
ne help would b appreciated

THANX

i just completed my b.tech