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MBA is jack of all concepts in finance and master of none.
CFA is master of Investment Management.
MBA is a management degree covering many if not all aspects of finance but none in depth.
CFA is hardcore financial analysis as applicable to investment management.
To put in simple words:
MBA is softskills, CFA hardskills
I have a querry, if anyone can answer pls:
The TBill prices have been given as follows-
Year 2001 2002 2003 2004 2005 2006
T-Bills (Rs.) 98.36 97.82 98.48 97.27 98.62 98.123
How would one calculate the returns on the investment?
Shouldn't it be
1. (97.82-98.36)/97.82 for 2002.
The suggested answers mention the following formula which i have not understood:
2. Return on T-Bill1 = (100-Current Price)/Current Price * 365/364 * 100
Why is 1. wrong and 2. correct?
Babu, Tumtum, or anybody???
The MBA Program ( Distance Learning) offered by the Institute of Chartered and Financial Analysts of Indian University, Tripura prepares men and women with the skills, knowledge and strategic perspectives essential to the leadership of business anywhere in the world.
Eligibility: Graduates (any discipline). A Bachelor-level degree/diploma ( on 10+2+3 basis) is accepted.
Examination: Examination for the program are conducted four times a year in January, April, July and October.
Feature of MBA program @ ICFAI:
1.Courseware and E-Learning Packages
2.Training Classes
3.Internship Program
4.Special Placement Schemes
5.Web Services 24x7
Fee: a) Basic Fee: Rs. 56,000 b) Training Classes Fee: Rs 12,000(optional)
c) Internship Fee: Rs. 8,000 d) Special Placement Schemes: Rs. 4,500 (optional)
Full Payment, By Demand Draft, Through Credit Card (Visa/masterCard only), Through Equated Monthly Installment Scheme
Special Placement Schemes: Alchemist HR services Private limited provides placement to successful students of MBA program Through a Special Placement Schemes. Alchemist undertakes to provide placement to successful student of MBA Program within 3 months from the receipt of the competed application forms from the registered student who receive the program completion Certificate.
For more information or Prospectus call or write to:
Mobile no. : 9972223999 (Abhishek)
Email: [email protected]
Dear tumtum,
can u tell me what is the amt. one can expect after passing CFA?
regards,
RAJ
can u tell me what is the amt. one can expect after passing CFA?
regards,
RAJ
Although i am at delta stage and not done FRM (so i havent done black-scholes), i was thinking about the Symmetry of Volatility.
1. Is volatility always asymmetric ?
2. If it is asymmetric (downside volatility > upside volatility and vice versa at different points in time), is it due to the bearish/bullish sentiments/fundamentals in the market regarding stock/market in general ?
Black Scholes has volatility as a parameter to price options, is it directional volatility or simply volatility. If non-directional volatility in B-S is used then wont it throw out faulty price if markets are displaying directional volatility.
3. If markets are in a bullish phase (like now-a-days) then the option premium say on Nify Call Options would rise. Is it due to the factor described in 2. above (i.e. since the upside volatility has lowered so the option price has also gone down)
But then it may be a steady rise OR a volatility rise (both rising markets scenarios but volitality is low in first case and high in second case). So the call option prices must also be different.
Can anybody give some GYAN on this please ????????????
I have a querry, if anyone can answer pls:
The TBill prices have been given as follows-
Year 2001 2002 2003 2004 2005 2006
T-Bills (Rs.) 98.36 97.82 98.48 97.27 98.62 98.123
How would one calculate the returns on the investment?
Shouldn't it be
1. (97.82-98.36)/97.82 for 2002.
The suggested answers mention the following formula which i have not understood:
2. Return on T-Bill1 = (100-Current Price)/Current Price * 365/364 * 100
Why is 1. wrong and 2. correct?
Babu, Tumtum, or anybody???
Well T bill simple mean that you will get 100 Rs at the end of the period. Its normally have duration of 90/180/360 days
So if the 360 days t bill is quating at 98.36 this means that you will get 100 rs investing 98.36. so return will be calculated (100-98.36)/98.36
Hello friends !
Few weeks ago i had asked few questions to you but sadly i did not get any reply. Can anyone please give any solutions. I am posting the same set of questions again below:
- - - - - - - - - - - - - - - - - - - - - - - - - - -
Although i am at delta stage and not done FRM (so i havent done black-scholes), i was thinking about the Symmetry of Volatility.
1. Is volatility always asymmetric ?
2. If it is asymmetric (downside volatility > upside volatility and vice versa at different points in time), is it due to the bearish/bullish sentiments/fundamentals in the market regarding stock/market in general ?
Black Scholes has volatility as a parameter to price options, is it directional volatility or simply volatility. If non-directional volatility in B-S is used then wont it throw out faulty price if markets are displaying directional volatility.
3. If markets are in a bullish phase (like now-a-days) then the option premium say on Nify Call Options would rise. Is it due to the factor described in 2. above (i.e. since the upside volatility has lowered so the option price has also gone down)
But then it may be a steady rise OR a volatility rise (both rising markets scenarios but volitality is low in first case and high in second case). So the call option prices must also be different.
- - - - - - - - - - - - - - - - - - - - - - - - - - -
Thanks !
hi friends,
I am a software engineer with 1+ years exp butr novice in this field and would request everyone to provide me information about CFA from ICFAI. Any exact and dedicated link for the same woud be a great help. Thanks in advance .....and last but not the least Gr8 job guys for creating this thread.....
I had enrolled for the CFA programme in July this yr. and due for exams on Jan. (Group 1) , now due to rather intensive MBA test prep. I have not been able to give my concerted efforts to CFA , In case I fail in my endeavour for MBA this yr. , will it be good enough for me to join CFA classes and do the internship programme or will doing a job be a better option to show my utilization of the time period.
I had enrolled for the CFA programme in July this yr. and due for exams on Jan. (Group 1) , now due to rather intensive MBA test prep. I have not been able to give my concerted efforts to CFA , In case I fail in my endeavour for MBA this yr. , will it be good enough for me to join CFA classes and do the internship programme or will doing a job be a better option to show my utilization of the time period.
If you are able to get an admission in a good MBA institute, then thats good. Otherwise finish your CFA in 18-24 months and start working.
Tumtum.... :thumbsup:
I've heard enough horror stories of people not scraping thro' the ICFAI CFA...How the pass percentages are absymally low...and how there's a conspiracy(?) theory too that explains the low pass percentages.....
All the very best :)
Cheers
BABU, BUGS BUNNY, TUMTUM AND uRmaD.. buddies .. please help this junior to take a right step in his career.. i have to much hopes from this site and its people. so please.. please help me.. my case.. i am a guy of 20 yrs of age. i have completed my grads this year only in b.com and besides going for further studies .... i decided to go on a job and right now .. i am working with Axis bank as a business development executive on permanent bases from past two months. Its a marketing job. now i want to go for further study course and i have two options to choose from. one... i can go for a correspondence MBA degree with my job.. which add value to my present going secnario. And then after completing it . i can go for a CFA course later on for further exposure.. and second. i should go for a CFA right now with my job.. and after completing it i would go for a regular MBA degree from a very good institute .. like XLRI, ISB OR IIFT. but which one is better option i dont know... i really dont know.. please help .. thnx..
BABU, BUGS BUNNY, TUMTUM AND uRmaD.. buddies .. please help this junior to take a right step in his career.. i have to much hopes from this site and its people. so please.. please help me.. my case.. i am a guy of 20 yrs of age. i have completed my grads this year only in b.com and besides going for further studies .... i decided to go on a job and right now .. i am working with Axis bank as a business development executive on permanent bases from past two months. Its a marketing job. now i want to go for further study course and i have two options to choose from. one... i can go for a correspondence MBA degree with my job.. which add value to my present going secnario. And then after completing it . i can go for a CFA course later on for further exposure.. and second. i should go for a CFA right now with my job.. and after completing it i would go for a regular MBA degree from a very good institute .. like XLRI, ISB OR IIFT. but which one is better option i dont know... i really dont know.. please help .. thnx..
MBA distance learning you should stay away.
CFA is a very challenging course and needs lot of hard work. I am having toughest period of my life in completing it. It requires good amount of hard work.
If you decide to persue CFA, you can change your career in wealth management. Citibank and ABN Amro have recently hired CFAs as wealth managers with a 4 lakhs p.a package + bonus etc.
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Babu,
How were your exams?
I think you have given delta.
\ hey ketan .. can i have ur email id.. i really need to discuss somthing regarding my career wid a person persuing CFA..
BaBu SaysIf you are able to get an admission in a good MBA institute, then thats good. Otherwise finish your CFA in 18-24 months and start working.
BaBu .. thankyou very much for ur valuable suggessions.. can i have ur email id for further disussions..
Hello my CFA friends!
I had posted some queries, maybe noone noticed them. So i am reposting them here. I hope someone would be able to solve my doubts. Here they are:
1. Is stock price volatility asymmetric ?
2. If it is asymmetric (downside volatility > upside volatility and vice versa at different points in time), is it due to the bearish/bullish sentiments/fundamentals in the market regarding stock/market in general ?
Black Scholes has volatility as a parameter to price options, is it directional volatility or simply volatility. If non-directional volatility in B-S is used then wont it throw out faulty price if markets are displaying directional volatility.
3. If markets are in a bullish phase (like now-a-days) then the option premium say on Nify Call Options would rise. Is it due to the factor described in 2. above (i.e. since the upside volatility has increased so the option price has also gone up)
But then it may be a steady rise OR a volatility rise (both rising markets scenarios but volitality is low in first case and high in second case). So the call option prices must also be different.
Thanks !
Hello my CFA friends!
I had posted some queries, maybe noone noticed them. So i am reposting them here. I hope someone would be able to solve my doubts. Here they are:
1. Is stock price volatility asymmetric ?
2. If it is asymmetric (downside volatility > upside volatility and vice versa at different points in time), is it due to the bearish/bullish sentiments/fundamentals in the market regarding stock/market in general ?
Black Scholes has volatility as a parameter to price options, is it directional volatility or simply volatility. If non-directional volatility in B-S is used then wont it throw out faulty price if markets are displaying directional volatility.
3. If markets are in a bullish phase (like now-a-days) then the option premium say on Nify Call Options would rise. Is it due to the factor described in 2. above (i.e. since the upside volatility has increased so the option price has also gone up)
But then it may be a steady rise OR a volatility rise (both rising markets scenarios but volitality is low in first case and high in second case). So the call option prices must also be different.
Thanks !
Hi guy im bashupboy_86 just joined pagalguy.com.
Im pusuing MS-Finance from ICFAI,
may some1 please help me with study material and the job openings after the CFA
Hi guy im bashupboy_86 just joined pagalguy.com.
Im pusuing MS-Finance from ICFAI,
may some1 please help me with study material and the job openings after the CFA.
I also plan to pusue MBA is there any one who is doing a dual programme(CFA & MBA)
Thank you!
I want to know, after completing this course, whats is the kind of work I can expect, with about 4 years experience in IT (technical). Secondly, whats the kind of salaries the present guys are drawing , If at all we do get jobs after this course . Thirdly, after completing this is this of any use on its own , especially after the CFA tag is gone.
Thanks