@imabhi88 said:difference chodo...u should nt even compare NCFM n CFAbhai better u chk der websites...
Checked up abt CFA...Had heard abt NCFM so asked
@Ddk said:Checked up abt CFA...Had heard abt NCFM so asked
CFA and NCFM has lot of difference in terms of focus , CFA is something that starts from accounting concepts , accounting principles , and goes into depth of each and every concept, it is a world renowned certification , with an average pass percentage of 30-35%
NCFM is good for basic understanding of financial concepts pre-MBA, is not of much value add during or Post MBA , where CFA is , you can get more info on the dedicated thread for CFA
NCFM is good for basic understanding of financial concepts pre-MBA, is not of much value add during or Post MBA , where CFA is , you can get more info on the dedicated thread for CFA
@TONYMBA said:CFA and NCFM has lot of difference in terms of focus , CFA is something that starts from accounting concepts , accounting principles , and goes into depth of each and every concept, it is a world renowned certification , with an average pass percentage of 30-35%NCFM is good for basic understanding of financial concepts pre-MBA, is not of much value add during or Post MBA , where CFA is , you can get more info on the dedicated thread for CFA
See..I ll be joining a B school now hopefully(waiting for results)...so doing CFA is more useful den NCFM right ??
@Ddk CFA is clearly the better one if ur planning a career in IB/treasury/Port.managmnt ....it can't be compared with NCFM as these are totally diff.entities......go through www.cfainstitute.org for a clear understanding of what cfa is
@thomaschandy said:@Ddk CFA is clearly the better one if ur planning a career in IB/treasury/Port.managmnt ....it can't be compared with NCFM as these are totally diff.entities......go through www.cfainstitute.org for a clear understanding of what cfa is
checked it up...
Bangalore level 1 meetup in six days:
http://www.meetup.com/soleadea/Bangalore-IN/
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Watch a short presentation about portfolio management at:
http://www.soleadea.com/cfa-portfolio-management
CFA level 1 question for 4-Mar-13
Following are excerpts from Dupont Ltd's financial statement. Calculate the company's FCFF
Operating Cash flow – 350
Interest paid – 40
Tax rate – 40%
Capital Expenditure – 200
Net increase in working capital -120
a.54
b.174
c.150
Following are excerpts from Dupont Ltd's financial statement. Calculate the company's FCFF
Operating Cash flow – 350
Interest paid – 40
Tax rate – 40%
Capital Expenditure – 200
Net increase in working capital -120
a.54
b.174
c.150
@Nirmal_Analyst said:CFA Level question for 28-Feb-2012Ezone sold Rs. 50 crores worth of electronics to its retails customers this diwali season under 6 Month EMI scheme under a tie-up with HDFC credit cards wherein HDFC will automatically debit money from the customer's credit card every month and pay to Ezone, which reasonably assures collection of the money. What should be Ezone's Gross Profit for the first month under IFRS and US GAAP w.r.t this sales, if Ezone's reliable estimate of cost of capital is 12% and Cost of Goods sold is Rs.40 crores.IFRS and US GAAPa) Rs 10 crs and Rs.10 Crsb) Rs.8.3 crs and Rs. 10 crsc) Rs.8.3 crs and Rs.0
Ans B: Under IFRS One recognize sales to the extent of NPV, which is 48.3. Cost is 40. So Gross profit 8.3. Under US GAAP sales is 50 and Cost is 40 so GP = 10
@Nirmal_Analyst
@Nirmal_Analyst said:CFA level 1 question for 4-Mar-13Following are excerpts from Dupont Ltd's financial statement. Calculate the company's FCFFOperating Cash flow – 350Interest paid – 40Tax rate – 40%Capital Expenditure – 200Net increase in working capital -120a.54b.174c.150
B)
@Nirmal_Analyst said:CFA level 1 question for 4-Mar-13Following are excerpts from Dupont Ltd's financial statement. Calculate the company's FCFFOperating Cash flow – 350Interest paid – 40Tax rate – 40%Capital Expenditure – 200Net increase in working capital -120a.54b.174c.150
@Nirmal_Analyst Kindly give the solution to this problem............I'm really confused
@kunal_dha kunal r u giving in june or dec?
check this 4 mre info http://www.cfainstitute.org/programs/cfaprogram/register/Pages/fee_schedule.aspx
@Nirmal_Analyst said:CFA Level question for 1-Mar-13Ram did some fundamental analysis on Indian equities and based on that he chose to buy 10 shares each of HDFC @ Rs.780/share, ITC @ Rs.295/share and Hero Motors @1900/share and decided to track them on a monthly basis. 2 months later HDFC was trading at Rs.810/share, ITC @ Rs305/share and Hero Motors @Rs.1650/share. Ram immediately sold 10 shares each of HDFC and ITC and bought 10 more shares of Hero Motors. This action of Ram is most consistent with which of the following Behavioral Finance trait?a) Representativenessb) Conservatismc) Over Confidence
Ans C: Over Confidence, Confidence in the research and hence holding the position for too long
Conservatism means Slow to react to changes, this cant be claimed clearly as there in part action and part inaction
Representativeness means assessing probability of outcome based on recent outcome
Conservatism means Slow to react to changes, this cant be claimed clearly as there in part action and part inaction
Representativeness means assessing probability of outcome based on recent outcome
CFA level 1 question for 6-Mar-13
Following are selected details of ABC Ltd. What is the justified P/E ratio of ABC
Last year's EPS - Rs.120
Last Year's dividend – Rs.100
Book value per share – Rs.500
WACC – 10%
Cost of Equity – 12%
a)10.42X
b)10.83X
c)2.17X
Following are selected details of ABC Ltd. What is the justified P/E ratio of ABC
Last year's EPS - Rs.120
Last Year's dividend – Rs.100
Book value per share – Rs.500
WACC – 10%
Cost of Equity – 12%
a)10.42X
b)10.83X
c)2.17X
Guys I need urgent help:
I am travelling to US for office purposes for around 3 months from April to June.. and I have CFA level paper on 1st June..
Can I reschedule my test to a city in US? if so - how can i do that and what would be the last date to do the same??
@LeoV you can change the test center to US, provided that CFA institute has space to accommodate you in the specific center The last date for change request is somewhere around April 5.
please visit the below link
Thanks a lot Nirmal_Analyst :)
Usage of 'AND' function in excel
@Nirmal_Analyst
Can you please help me out on another excel function?
Actually in my workplace i deal with banking operations.in that we are given a pdf file of around say 300 pages and we have to find out rejected payments list.
can you tell me some formulas in excel so that it makes the work easier.
we know what words are used in return payments case.so if i convert my pdf to excel and then apply some formula,would that help?
it would be of great help if you reply.it would reduce almost an hour of our work..
Can you please help me out on another excel function?
Actually in my workplace i deal with banking operations.in that we are given a pdf file of around say 300 pages and we have to find out rejected payments list.
can you tell me some formulas in excel so that it makes the work easier.
we know what words are used in return payments case.so if i convert my pdf to excel and then apply some formula,would that help?
it would be of great help if you reply.it would reduce almost an hour of our work..
@Vaishnovi ofcourse if you convert it to excel you can use some function and address the requirement. Unless I see the file I wont be in a position to tell what exact condition need to be used. You can send me a message in our facebook page in below link, I will get back to you ASAP