CFA Exam Info

The Four Major Topic Areas covered on a CFA Exam are:

•Ethical and Professional Standards
•Tools and Inputs for Investment Valuation and Management
•Asset Valuation
•Portfolio Management and Performance Presentation
Each Level of the Program is organized primarily around a functional area:*

•Level I - Tools and Inputs; Intro to Asset Valuation and Portfolio Management Techniques;
•Level II - Asset Valuation; Applications of Tools and Inputs (including economics, financial statement analysis, and quantitative methods) in Asset Valuation;
•Level III - Portfolio Management; Strategies for Applying Tools, Inputs, and Asset Valuation Models in Managing Equity, Fixed Income, and Derivative Investments for Individuals and Institutions

find more details on http://www.cfainstitute.org/cfaprog/

FRM Exam Registration

FRM Exam 2009 registration for Full and Level 1 ..register before 31 August..find more details on.

http://www.garp.com/frmexam/

CFA Exam Tips

Hi,
Below there are some key point to clear the CFA exam,

Key #1: Get Organized
After making decision to sit for CFA exam following are some of tips might help you to get clear the paper.
1.Start Atleast 6 months before. The CFA Institute estimates that at least 300 hours of independent study is necessary to pass each exam. Candidate should start at least 6 months before and give atleast 12 hrs in a week.
2.Preview the material before starting. After registering for each level, you will receive a curriculum that is divided into about 18 study sessions. Broadly preview each session to determine your familiarity with each topic.
3.Develop a game plan. Get out your calendar and determine which weeks you will be studying which sections. Schedule your studying so that you finish with all the sections at least one month before the exam, so you can review. Also, schedule in review days as you go along.
4.Select a review course. In no way should a review course substitute for studying the material. . The key is to pick only one course, so that you can spend more time focusing.
Key #2: Develop an Effective Study Program
An effective study program will make the difference between passing and failing. To develop an effective program, consider the following:
1.Study all "learning outcome statements" (LOS).
2.Use flash cards. Flash cards are portable, much lighter than carrying the entire CFA curriculum with you and can be quickly reviewed while commuting to work, during a lunch break, etc.
3.Use memory techniques. Mnemonic devices, such as taking the first letter of each word in a concept to spell one word, are helpful. There are other tricks, such as catchy slogans. For example, "SiP a CoKe" can be used to remind you of option put-call parity: The prices of a Stock + the Put = those of the Call + the present value of the striKe price.
4.Study qualitative material differently. When studying quantitative material, working on problems is important. First study the concept, then learn by doing these problems over and over again. Once you understand how to solve a problem, return to the material for further understanding. Many ethical problems are scenario-based and easy to read.
5.Work through as many practice questions as you can.
6.Use your approved calculator. Understand the calculator function so that you can easily work on the day of exam.
Key #3: Review
You need a solid a month to review the material again once you have gone through all the sessions. Do not take this part of the study process lightly.

Article from Investopedia.-find more info on
http://www.investopedia.com/articles/professionaleducation/07/CFAexam.asp

CFA June 2009 Exam Result

June 2009 CFA Exam Results
The area that you are attempting to access is protected by password. Logging in will grant you access to the June 2009 exam results.

June 2009 Pass Rate Level I Pass Rate: 46%


find more details on CFA site.

https://www.cfainstitute.org/

FRM Practice Questions

Hi,
find the FRM practice 2006 questions on following link.

http://www.sharetermpapers.com/index.php?topic=2636.msg5427
http://www.pagalguy.com/forum/career-discussions/37190-frm-2009-aspirants-garp-25.html#post1603711

Why financial Crisis in Financial Institution ?

Hi Everyone,
I am creating this post to just let's share our view's on current financial crisis that made lotz of company bankrupt like Lehman Brother's etc.

So,please share your view's why Bank or financial institution failed ? is it because of high leverage or is it due to still bank doesn't have any process to handle this situation.

Wht you think how long will take to recover as normal ? 1 year or 2 years ...

THanks
Anwy

CFA Level 1 ,Level 2 and Level 3 Test

Earning the title of CFA is one of the most prestigious achievements a person in the fields of finance and investing.To get this certification we need to pass three level of exam's.Average 40% of people get through the exam,it means it needs full dedication and effort.find more details on cfa site www.cfainstitute.org and for more about exam www.testprepreview.com

FRM PRactice questions

Hi,
find the link FRM 2006 exam practice question sets.Hope it wil help to all those who appreaing in FRM

http://sharetermpapers.com/index.php?topic=2636.15

Thanks

Subprime Mortgage

A subprime Mortgage is a type of loan granted to individuals with poor credit histories, who, as a result of their deficient credit ratings, would not be able to qualify for conventional mortgages. Because subprime borrowers present a higher risk for lenders, subprime mortgages charge interest rates above the prime lending rate.There are several different kinds of subprime mortgage structures available.The most common is the adjustable rate mortgage (ARM), which initially charges a fixed interest rate, and then convert to a floating rate based on an index such as LIBOR plus a margin.

It is a classification of loans offered at rates greater than the prime rate to individuals who are unable qualify for prime rate loans.

Subprime Vs Prime

In addition to having higher interest rates than prime-rate loans, subprime loans often come with higher fees. And, unlike prime-rate loans, which are quite similar from lender to lender, subprime loans vary greatly. A process known as risk based pricing is used to calculate mortgage rates and terms - the worse your credit, the more expensive the loan.Subprime loans are usually used to finance mortgages.

CFA Details

CFA stands for Chartered Financial Analyst designation given by CFA institute .Candidates are required to pass three levels of exams covering areas such as accounting, economics, ethics, money management and security analysis. Exam held twice in year,month of June and December.find more details on www.cfainstitute.org/

Comparison CFA and FRM

below find the link for comparison between CFA and FRM

Part 1

http://www.bionicturtle.com/learn/article/cfa_versus_frm_part_1_job_markets/

Part 2

http://www.bionicturtle.com/learn/article/cfa_versus_frm_part_2_comparing_exams/

FRM and RMI Info

Rcently because of the adoption of BASEL accord Risk management is become very rewarding place in finance industry and there is good future in the same field.
FRM is stand for Financial Risk Management,it is a certification into the financial risk field given by GARP(Global Association for Risk Professional) orgainsation,

more details found at http://www.garp.com/

RMI is stand for Risk Management International,this is also a certification into the financial risk field given by the organisation by RMI.

more details found at http://www.rmi.ie/

will post the comparison into the next post...