hello. I want to register for CFA december attempt (Level 1) and wanted to know how do we receive the admission ticket from the CFA institute. Do they send it over mail or speed post ? Also, any indian website which helps in registration apart from the CFA institute website. Also, where can I get free study material ? Thanks in advance.

@sssodhi2

Can anyone please let me know where can i find second hand (used ) curricullum books for CFA level 1. I have soft copy of Schweser notes but need curicullum books which institute sends across to students.

Hey can u send me the softcopy of Schweser notes..

@shruti.shinde

hi guys,on an average how many mock exams should one give before the final test?

hi, I think, the two volumes of Schwesars are enough.. this is what a CFA level I passout Dec 2012 told me ... 6 orning + 6 evening sessions i think is enough if not exhaustive ..

all the best

@Nirmal_Analyst

CFA level 1 question for 17-May 2013

Below are excerpts from real Ltd's Financial statements (all values are in mn). The company's 'Free cash flow to firm' is closest to

a) Rs. 1259 mn

b) Rs. 1299 mn

c) Rs.1280 mn

Answer A Depreciation= EBITDA-EBIT: 275 Interest=EBIT-EBT: 125 Tax=EBT-Net profit: 300 Tax Rate: tax/EBT: 16.7% Change in WC= Inc CA- Inc in CL: 20 Capex 600 Dividend Recd: Already included in Net profit FCFF= Net Profit+Depreciation+Interest*(1-tax rate)-Increase in WC - Capex

CFA Level 1 Financial Reporting and Analysis -2 Video

Find below the video link of Finshiksha's free CFA level 1 crasher on FRA -2 .

We will continue with Economics today.

hi guys,
on an average how many mock exams should one give before the final test?

Hi,

Hi puys m new to this grup. I need ur help. I am a non finance bckgrnd candidate but i want to make my career in Financial Analysis now. Pls help me n give me few details about dis certification. I need to know-

1. How many levels total (I guess 3 bt nt sure)? Level of job avlbl after each?

2. Fee of each level?

3. Educational eligibility and experience eligibility required.?

4. Where to apply?

5. Guidance avlbl- Coachings etc in UP?

6. Time taken to complete?

7. Job prospects ?

Thanks in advance. Pls do reply these queries.

@hdd1

Has LIFO to FIFO removed from d syllabus ??

No they are continuing to be in syllabus

CFA level 1 question for 17-May 2013

Below are excerpts from real Ltd's Financial statements (all values are in mn). The company's 'Free cash flow to firm' is closest to

EBITDA :2200

EBIT :1925

EBT:1800

Net Profit:1500

Net Debt Raised:500

Increase in Current Liabilities:100

Increase in Current Assets:120

Dividend paid :200

Dividend received:20

Capital Expenditure:600

a) Rs. 1259 mn

b) Rs. 1299 mn

c) Rs.1280 mn

@Nirmal_Analyst

CFA level1 question for 16-may-13

Below are the details of a bond. For 100 bps change in yield the convexity adjustment that need to be done for the bond is closest to

Coupon %: 5%

Coupon Payment per year: 1

FV USD: 100

Maturity Years: 5

Yield: 4.50%

With given data find current Market price =USD 102.1935

Find price if yield drops to 3.5% = USD 106.7689

Find price if yield increases by 100 bps = USD 97.8655

Convexity = V1 + V2- 2Vo/ (2*Vo*(change in yield)^2)

= [106.7689+97.8655-2*102.1935] / [2*102.1935*0.01^2] = 12.10

�-O�]�M��ӱ�-"

Has LIFO to FIFO removed from d syllabus ??

CFA level1 question for 16-may-13

Below are the details of a bond. For 100 bps change in yield the convexity adjustment that need to be done for the bond is closest to

Coupon %: 5%

Coupon Payment per year: 1

FV USD: 100

Maturity Years: 5

Yield: 4.50%

Guys, does anyone know how and by when latest can we attempt the cfa mock test provided by CFAI institute on their website? Do they charge for this as well?

Free CFA Level 1 crasher on Financial reporting and Analysis

Today and tomorrow we would continue with Financial reporting and analysis in CFA level 1 crasher. If you have NOT registered already you may register now by clicking the below link

https://www3.gotomeeting.com/register/73961302

2

CFA Level I - Crasher

CFA level crasher Fixed Income video link

Find below the video link of Finshiksha's free CFA level 1 crasher on Fixed Income.

Anyone knows whwre to get this book in india?and at what price?

Quantitative methods for investment analysis (2nd edition) – Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, and David E. Runkle

Please help.................

When bonds are sold at discount how will YTC and YTM be affected than those sold at premium.
Anyone can explain it ?

@hakri

Hi Can anyone throw some light on this? Thanks

FREE CFA Level 1 online crasher - Fixed Income

FinShiksha will be continuing with its CFA level 1 crasher today. We will discuss Fixed Income today. With 28 out of 240 questions Fixed income is one of the most important topicsThose who wish to join this and have NOT registered already may register now in the below link

CFA Level I - Crasher

FinShiksha Free CFA level crasher video link

Find below the video link of Finshiksha's free CFA level 1 crasher on Quants. We will continue with Corporate Finance today. If you HAVE NOT registered already you may register for the session now in the go to meeting link here CFA Level I - Crasher

CFA exam in 19 days... http://lnkd.in/_XVZEv Let's spend this last 19 days on hard work!

FinShiksha FREE CFA Level 1 crashersFREE online CFA Level 1 crashers starts today at 7.30 pm today. Those of you who have already enrolled can login through the link we have sent to your respective emails. If you wish to register now please do so by clicking the link below

CFA Level I - Crasher

Puys...On my CFA Admission Ticket Passport Information section, my Middle Name is present along with my First Name in the Given Name(s) field. However, my passport just has my first name in the Given Name(s) field.
Is anyone of you facing the same issue?

Please reply. I need to inform the CFA Institute to rectify it if I am the only one facing this issue.

Anybody having elans mocks??

Can anyone please let me know where can i find second hand (used ) curricullum books for CFA level 1. I have soft copy of Schweser notes but need curicullum books which institute sends across to students.

WWA Ltd buys and sells Car tires. If below are the details of the inventory as of end of an accounting period then the per Unit inventory value as per US GAAP would be closest to

Original Cost - 5200

Estimated Selling Expenses - 200

Estimated Selling Price - 6000

Net Realisable Value - 5800

Replacement cost - 4800

Normal Profit Margin - 750

a) 5200

b) 5800

c) 4800

CFA Level 1 Tip - Work on your strength

As the CFA level 1 exam draws closer, are you feeling that

• There is not enough time to cover all the topics

• You find some areas tougher

It is time to work on your strengths rather on your weakness. Remember there is no sectional cut off in CFA level 1 exams. See the table 1 on how this could be worked out. Assuming 65% is a safe score one needs to crack 78 out of 120 questions in each session.

The trick now is to concentrate on heavy weights or your areas of strengths as shown in below table 2. If you score 85%-90% in these areas and end up scoring 52 out of 60 questions that would reduce your anxiety in the other areas. If you can score 52 in these sections then out of remaining 60 questions you need to answer only 27 questions correctly. Which now looks easily possible isn't?

All the best!

Timeline Photos | Facebook

Admission Tickets available..

Working...

Received notification via email from the CFA Institute (Subject: CFA Exam Tickets Now Available)

Does clearing CFA and FRM level 1 before summer placements gives advantage over someone who has cleared only CFA or only FRM because they cater to different domains in Finance .

Has the Admission Tickets for June 2013 Level 1 been issued? When from it will be available?

Any one know about CPA? what is the fee structure? Do India have any examination center of CPA??

Thank you

Does any one have pdfs of Schweser notes ?

CFA Level 1 question for 03-May-2013

A Zero coupon bond with exactly four years left for maturity is trading at USD 77.52. The face value of this bond is USD 100. The Yield to Maturity of this bond is closest to

a) 6.67%

b) 6.57%

c) 6.47%

Guys it shows error

"Wrong field values or value types detected in field Address Line 1. Please re-enter your field values

" when i try to enter my home address, whats wrong ?

I entered it as

105,banjara prashant , banjara hills rd no 12

i will be joining an MBA college this June.Have 2.5 yrs of work ex.Am I eligible for CFA Level 1?Please reply.

CFA Level 1 question for 30-April-2013

If the price the interest rate volatility increases, all else remaining the same the price of a putable bond will

a) Increase

b) Decrease

c) Remain the same

Guys what is the best way to prepare for CFA Level 1. Will Institute books suffice ? I am going to write in Dec will time be sufficient as I am from non-finance background

@Nirmal_Analyst

CFA level 1 question for 25-Apr-13

The price yield relationship curve of the bond for prices above the callable price

a) Will have higher convexity compared to an option free bond

b) Will have negative convexity

c) Will have similar convexity as an option free bond

Ans B: Convexity is the second derivative of price change for a unit change in yield. For a large change in yields one need to do convexity adjustment to get a better approximation of price change of the bond.

For a callable bond when the market price are above the callable price the bond faces the risk of being called and hence for further drop in yield the bond price will not make big moves. At this point the convexity of the bond will turn negative.