Discussion on finance concepts/problems for people interested in finance

[love_afx]

Counseling on Careers in FINANCE by CRISIL

Graduates/Engineers considering a career in the the world of FINANCE , here’s an opportunity to take your first step. CRISIL (www.crisil.com) is organizing a counseling session in Mumbai on 10th Feb 2008 at 11:00 a.m.

For registration mail:


ccap@crisil.com or call 022-6691 3184 / 98332 60606

[CannedBlood]

I am a second year undergraduate at IIT Kharagpur doing a Dual Degree B.Tech and MBA(a 5 year integrated course)
I am hell bent into securing a high end investment job.
In my college, the trend has been such that the high end investment banks have been into recruiting people who show their interest in finance by doing past interns in finance related companies.
I am in my second year now, I am not applying across globally huge investment banks. But I need some place where I can work in the summers which counts as a "finance related summer internship".
I did an internship in Axis Bank, Mumbai at the end of my first year which was all thanks to a Dad's contact. There were several other interns from various B-Schools interning with me. But, I practically did not learn as much as expected. Could some one help me out on how to find out places where I could get to do an internship.

LA VITA E BELLA

[bishnoivp]

hi,
i am a first year B.tech student at IIT bomaby .i want to do internship in finance .can you help me in anyway?you have posted that u had done internship at axis bank ,mumbai................if u have any such information can you give me detail abt that?plz send an email
hoping for early reply
vijaypal bishnoi
bishnoivp@gmail.com
9969704865

[vijaykarthik123]

Gud Mrng guys,
First lemme put up me 'as a beginner in Financial Concepts' , desiring to do an MBA in Finane. I have a ques. to put up. Whether r v supposed to enquire random Finance concepts >? & then I'd ask a question everyday? Will there be one to help this poor kid


Regards ,

Dein VJ

[vijaykarthik123]

Gud Mrng guys,
First lemme put up me 'as a beginner in Financial Concepts' , desiring to do an MBA in Finane. I have a ques. to put up. Whether r v supposed to enquire random Finance concepts >? & then I'd ask a question everyday? Will there be one to help this poor kid :


Regards ,

Dein VJ :razz:

[andy_jaan]

I guess as now IIMB placements are over, this thread must look forward for the return of its starter ....Anyways till then let me add some momentum from my side.......

Originally Posted by wannabacfa

how does the ADR (Advance - Decline ratio) of a stock mkt index reflect the breadth of the stock market ??

TIA

See, if ADR is highly skewed on one side that implies people are trading more because of macroeconimc factors and there may not be something unusually great/bad about few firms on receiving end.

Originally Posted by vijaykarthik123

Gud Mrng guys,
First lemme put up me 'as a beginner in Financial Concepts' , desiring to do an MBA in Finane. I have a ques. to put up. Whether r v supposed to enquire random Finance concepts >? & then I'd ask a question everyday? Will there be one to help this poor kid :


Regards ,

Dein VJ :razz:

Of course you are on right channel (read thread) place VJ ( ).....but we usually answer single posts itself....avoid posting it multiple times :P

With Regards,
Andy

[shruti.m]

Originally Posted by andy_jaan

I guess as now IIMB placements are over, this thread must look forward for the return of its starter ....Anyways till then let me add some momentum from my side.......

See, if ADR is highly skewed on one side that implies people are trading more because of macroeconimc factors and there may not be something unusually great/bad about few firms on receiving end.



Of course you are on right channel (read thread) place VJ ( ).....but we usually answer single posts itself....avoid posting it multiple times :P

With Regards,
Andy

I am appearing for my mba interviews rt now..N if i fill up my preference for finance, the first questn is "why finance".i have an engineering background and m a fresher.I actually wish to go for sumthing like Social Entrepreneurship.Just wanted some assistance on how actually an mba in finance can be helpful for my cause..M i on the right thread??? Pls assist me.

[andy_jaan]

Originally Posted by shruti.m

I am appearing for my mba interviews rt now..N if i fill up my preference for finance, the first questn is "why finance".i have an engineering background and m a fresher.I actually wish to go for sumthing like Social Entrepreneurship.Just wanted some assistance on how actually an mba in finance can be helpful for my cause..M i on the right thread??? Pls assist me.

You want to go for Social Entrepreneurship and defend MBA Finance in the interview?
Well can't say much withour knowing what are the interviews you are in the process of giveng "right now" , but would like to add that please make your mind for once and all (atleast for the currenct season ) as they often look for confidence, and during interviews eyes and gestures speak more than . So tell them that you are inclined for numbers and want to establish things with your own resouces etc. and feel that MBA Finance is something which can help you attaining a better insight into resourse raising and management.
Regards,
Andy

[Daniel Ocean]

I have a doubt regarding the Deferred Tax Assets and Liabilities.
According to my understanding, Deferred Taxes A/L are used to reconcile the cash flow between the Financial Statements and Tax Statements.
If a company is paying tax, it will always pay it on Taxable Income.
Then how does Deferred Tax A/L affect the cash flows of the company?

[konqueror_vivek]

Originally Posted by Daniel Ocean

I have a doubt regarding the Deferred Tax Assets and Liabilities.
According to my understanding, Deferred Taxes A/L are used to reconcile the cash flow between the Financial Statements and Tax Statements.
If a company is paying tax, it will always pay it on Taxable Income.
Then how does Deferred Tax A/L affect the cash flows of the company?

Deferred Tax Liability / Asset is the difference amount that the Company will adjust with its Income Tax department by next Filing. For example a Company has already paid $3 million as tax and the Company is supposed to pay 2.1 million, so 0.9 million becomes deferred tax asset and vice versa. This 0.9 million the Company will have to adjust before the Financial year ending. In each quarter there might be a case when the Company's calculation could differ with Income Tax department's Calculation, which the Company pays / claims at the year end. Deferred Interet expense / Income thus become obivious.