pristine fra-participants-cfa-l1v5

© Neev Knowledge Management – Pristine

www.edupristine.com

CFA Level IFinancial Reporting and Analysis

June 2011


Agenda

• Introduction and context• Understanding CFA Examination Structure• Introduction to Financial Reporting and Analysis

– Balance Sheet– Advanced Concepts

• Complete Offering & Registration• Contact Information

2 www.edupristine.com

Seminar MaterialNot for Sale

Understanding CFA Examination StructureIntroduction to Financial Reporting and Analysis

2

Pristine has been started by professionals with diverse experience in financial services, IT and Auto who are alumnus of IITs & IIMs

Pristine

Founded with an aim of creating world class professionals in the area of finance particularly risk management and investment banking

Topic Expert Model (TEM ) – Industry professionals bring invaluable industry perspective for students. Pool of 300+ working professionals as active faculty members with the likes of CFA regional directors, Presidents of various banks

Testimonial - 53% of the students join us on the basis of referral is a testimonial of the effective training methodologies

Effective training methodologies to improve the performance of the students and enhance the employability

© Neev Knowledge Management – Pristine 3 www.edupristine.com


Pristine has been started by professionals with diverse experience in financial services, IT and Auto who are alumnus of IITs & IIMs

PristineClassroom/ Online delivery (synchronous and asynchronous) – To increase reach and improve efficiency of learning. Conducted 15+ batches with over 300 hours of recorded content

Innovative content – To improve understanding & learning capability of students. VisualizeFRM, VisualizeCFA as one of the best selling products

Founded with an aim of creating world class professionals in the area of finance –particularly risk management and investment banking

Effective training methodologies to improve the performance of the students and enhance the employability

3

Key Authorization

CFA Institute (2010-11)Authorized Training provider – CFA

Pristine is now the authorized training provider for CFA Exam trainings . Pristine is largest training provider for CFA in India with presence across seven major cities.

FPSB India (2010-11)Authorized Training provider -CFP

An authorized Education Provider for Chartered Financial Planner Charter.

© Neev Knowledge Management – Pristine www.edupristine.com


GARP (2007-10)Authorized Training provider -FRM

Largest player in India in the area of risk management training. Trained 1000+ students in risk management

PRMIA (2009-10)Authorized Training provider – PRM/ APRMSole authorized training for PRM Training in India. Largest player in India in the area of risk management training. Trained 1000+ students in risk management

Key Associations*

Bank Of America Continuum Solutions (2010)Financial Modeling in Excel

Associates were trained on valuation and mergers and acquisitions

J. P. Morgan (2010)Financial Modeling in Excel

The Real Assets Group were trained in Excel for infrastructure and real

modeling

Franklin TempletonCFA (2010)

Students were facing a gap in the overall understanding of finance topics like corporate finance, FSA and valuation. Provided training for over 100 hours to bridge the gap

Credit-Suisse India (2009)Risk Management and Quant. AnalysisIT Professionals of Creditwere trained on risk management.



HSBC (2008)Risk Management and Quant. AnalysisNew joinees in HSBC had a gap in knowledge of Risk Management and quantitative skills. Conducted trainings (On campus) to bridge the gap

*Indicative List

Mizuho (2010)Financial Modeling in Excel

Bankers were using excel models that they could not understand. Conducted financial modeling in Excel trainings to

bridge the gap

J. P. Morgan (2010)Financial Modeling in Excel

The Real Assets Group were trained in Excel for infrastructure and real-estate

modeling

Suisse India (2009)Risk Management and Quant. AnalysisIT Professionals of Credit-Suisse India were trained on risk management.

…Key Associations

IIM Calcutta (2010) Financial Modeling in Excel

Students about to go for internships and join jobs found a gap in their grasp of

knowledge of excel for financial modeling. Conducted training for 75+

students with an average rating of 4.5+

IIT Delhi (2009)Corporate finance

Students get placed in finance companies (UBS, GS, MS, etc) with no understanding of the subject/ Job Profile. Conducted workshop to bridge the gap

Sydenham College (2009)Financial Modeling in Excel

Students about to join jobs found a gap in their grasp of excel for financial modeling. Conducted 40+ hours of training and helped students be ready for job

FMS Delhi (2010) Financial Modeling in Excel

Final Year MBA students of Faculty of Management Studies, Delhi University were trained in financial modeling so as

to prepare them better for a job in finance.



IIM Calcutta (2010) Financial Modeling in Excel

Students about to go for internships and join jobs found a gap in their grasp of

knowledge of excel for financial modeling. Conducted training for 75+

students with an average rating of 4.5+

BITS Pilani (2009)Workshops on Basics of Finance

Most of the students desire a career in finance. Conducted training for 350+ students with an average rating of 4.5+

College (2009)Financial Modeling in Excel

Students about to join jobs found a gap in their grasp of excel for financial modeling. Conducted 40+ hours of training and helped students be ready

NISM (2008)Derivatives workshop for Hedging

Corporate in Ludhiana incurred huge losses because of derivative trades (for hedging). Conducted trainings for directors and CFOs for better understanding of derivative products

Trainer

• Extensive experience in the financial services, consulting and training domain. extensive knowledge of the financial services industry, where he raised growth capital for organizations and helped them improve their revenues. He has authored research papers and trained 1000s of senior people in the area of financial modeling, quantitative analysis and risk management.

•Prior to founding Pristine, Paramdeep has worked in senior management positions as an Investment Banker with Standard Chartered Capital Markets Management Consulting.

• Work experience as Industry Practitioner

• Consultant to Reliance Energy (Power), strategizing their growth and cutting down the losses in energy distribution. He has helped them formulate their business plan.

• Assisted clients in raising capital through Private Equity & IPO by analyzing & business plans, preparing IM/DRHP, ensuring regulatory compliance and marketing the issue. He has Successfully placed two IPOs worth Rs. 100 Crore & achieved subscription of 32 & 11 times.

• Experience as Trainer

• He has trained participants from America for financial modelling

• Has conducted workshops and training courses in financial modelling in Excel receiving rave reviews

• Published research papers & articles in leading news papers in the field of risk management and Basel II accords, which are now used by leading banks as reference material.

• Paramdeep is an MBA from IIM Indore, where he secured the highest CGPA in his batch. He has completed his B. Tech and M. Tech in Mathematics and Computing from

Paramdeep Singh, Director and Faculty, Pristine



xtensive experience in the financial services, consulting and training domain. He has extensive knowledge of the financial services industry, where he raised growth capital for organizations and helped them improve their revenues. He has authored research papers and trained 1000s of senior people in the area of financial modeling, quantitative analysis and risk management.

Prior to founding Pristine, Paramdeep has worked in senior management positions as an Investment Standard Chartered Capital Markets (India) and as a consultant with Accenture

Work experience as Industry Practitioner

Consultant to Reliance Energy (Power), strategizing their growth and cutting down the losses in energy distribution. He has helped them formulate their business plan.

Assisted clients in raising capital through Private Equity & IPO by analyzing & modelling business plans, preparing IM/DRHP, ensuring regulatory compliance and marketing the issue. He has Successfully placed two IPOs worth Rs. 100 Crore & achieved subscription of

He has trained participants from HSBC, JP Morgan, Mizuho Bank , ING Vysya, Bank of modelling in excel, receiving very good rating.

Has conducted workshops and training courses in IIM Calcutta, Sydenham, Welingkar on in Excel receiving rave reviews

Published research papers & articles in leading news papers in the field of risk management and Basel II accords, which are now used by leading banks as reference material.

, where he secured the highest CGPA in his batch. He has in Mathematics and Computing from IIT Delhi

, Director and Faculty, Pristine

CFA – Your Clear Interest in finance

• CFA charter provides you with a strong foundation for a variety of career choices in the investment profession– Interested in portfolio management, investment research, advisory services, or investment banking, you

will benefit from a CFA charter

Many jobs with preference for CFA +



CFA charter provides you with a strong foundation for a variety of career choices in the investment

Interested in portfolio management, investment research, advisory services, or investment banking, you

* CFA Institute website

jobs with preference for CFA + MBA


Agenda







9

Course Structure

Topic

Ethical and Professional Standards

Quantitative Methods

Economics

Financial Reporting and Analysis

Corporate Finance

Equity Investments

Fixed Income

Derivatives

Alternative Investments

Portfolio Management

Requires 200-250 Hours of studies



Level I

15

12

10

20

8

10

12

5

3

5

250 Hours of studies

Way to CFA

• Each exam is six hours long and is split between morning and afternoon sessions. There is a twohour lunch break at the end of the morning session. – The Level I exam is composed of multiple-choice questions and is offered in June and December.– The Level II exam is composed of item-set questions and is offered in June only.– The Level III exam is composed of item-set and essay questions and is offered in June only.

• Score matrix provided on the exam results is an indicator of overall performance – The “<=50%” range is considered poor; – “51%–70%” is considered poor to average; – “>70%” is considered average to above average

Key to crack CFA Level I is by doing well in Ethics and FRA



Each exam is six hours long and is split between morning and afternoon sessions. There is a two-hour lunch break at the end of the morning session.

choice questions and is offered in June and December.set questions and is offered in June only.set and essay questions and is offered in June only.

exam results is an indicator of overall performance

“>70%” is considered average to above average

Key to crack CFA Level I is by doing well in Ethics and FRA

Fees Structure Levels I - Deadlines

© Neev Knowledge Management – Pristine 12

CFA Institute now offers three options to all its candidatescurriculum in i) eBook form; ii) Print form or iii) Both

Suppose a candidate chooses to enroll by 16th Febtotal cost will be = 405 + 720 – 40 = $1085. If405+720+20(shipping charges) = $1145

by 22 SeptemberProgram Enrollment(new Level I only)Exam Registration $630 eBook ($40)

Total $995

$405

www.edupristine.com

Seminar MaterialNot for SaleDeadlines

12

candidates. You can either choose to obtain theBoth eBook and in Print

Feb and chooses the e-book version then hershe had taken the print version she will pay

by 16 February by 16 March

$720 $970 ($40) ($40)

$1,085 $1,420

$405 $490


Agenda







13

Introduction to Balance Sheet

• The balance sheet presents a company’s current financial position by disclosing that a company controls (assets) and what it owes ( liabilities ) at a specific time.

• The Owner’s equity represents the excess over liabilities.• Assets = Liabilities + Equity



The balance sheet presents a company’s current financial position by disclosing that a company controls (assets) and what it owes ( liabilities ) at a specific time.The Owner’s equity represents the excess over liabilities.

14

Balance Sheets : Pictorial Representation

Total Assets = Total Shareholder’s equity + liabilities

Use of Funds

Current Assets

( CCE, Receivables,

Inventories, Prepaid

Expenses)

Fixed Assets (Property, Plant &

Equipment)

Intangible Assets

Long-termInvestment

Other Assets

Current (Unearned Revenue,

A/c Payables, Notes

Long

(LT Debt, Deferred

Shareholders’ Equity

( Preferred Stock , Common Outstanding


Seminar MaterialNot for SaleBalance Sheets : Pictorial Representation

Total Assets = Total Shareholder’s equity + liabilities

Sources of Funds

Current Liabilities(Unearned Revenue,

A/c Payables, Notes

Payables)

Long-term Liabilities

(LT Debt, Deferred

Liabilities)

Shareholders’ Equity

( Preferred Stock , Common Outstanding

stock, Retained Earnings )

15

Concept Checker

1. Company ABC Inc. has paid rent for the entire year on their rented office premise in New York in advance. Similarly Zensar Corp. has received payment for servicing its products for the next five years. The two line items will most likely be classified as


Rental Payment Payment for ServicingA Prepaid Expenses Unearned Revenue

B Accrued Liabilities Current Assets

C Current Liabilities Prepaid Expenses

www.edupristine.com


Company ABC Inc. has paid rent for the entire year on their rented office premise in New York in Corp. has received payment for servicing its products for the next five

be classified as

16

Payment for ServicingUnearned Revenue

Current Assets

d Expenses

Advanced Concept:Tangible Assets, Intangible Assets and Goodwill

• Tangible assets are – Long-term assets – Have a physical presence – Can be used in daily operational activities.

• Intangible assets– Amounts paid by a company to acquire certain rights – Do not represented by possession of any physical assets– Distinguished as identifiable intangibles which can be linked to a particular right or privileges – Have a finite benefit period – Eg. Patents, copyrights, franchises, goodwill, trademarks, trade names

• Goodwill is another interesting concept as an intangible asset– Excess of the acquisition cost over the assets fair value– Periodically assessed for any impairments


Seminar MaterialNot for SaleTangible Assets, Intangible Assets and Goodwill

Amounts paid by a company to acquire certain rights Do not represented by possession of any physical assetsDistinguished as identifiable intangibles which can be linked to a particular right or privileges

. Patents, copyrights, franchises, goodwill, trademarks, trade namesGoodwill is another interesting concept as an intangible asset

Excess of the acquisition cost over the assets fair value

17

Concept Checkers

2. Which of the following statements regarding goodwill recognition is A. Goodwill is the excess of the cost of acquisition over the acquirer’s interest in the fair value of the

identifiable assets and liabilities.B. Goodwill needs to be amortized over the life of the assetsC. Goodwill can affect the comparability of financial statements between companies using different

accounting methods



Which of the following statements regarding goodwill recognition is most likely not correctGoodwill is the excess of the cost of acquisition over the acquirer’s interest in the fair value of the

Goodwill needs to be amortized over the life of the assetsGoodwill can affect the comparability of financial statements between companies using different

18

Advanced Concept: Deferred Taxes

• A deferred tax liability is created when:– A revenue is recognised in the financial statements but not for tax purposes.– An expense is deductible for tax purposes but not taken in the financials in the current year.

• A deferred tax asset is created when:– A revenue is taxed in the income tax return but is not recognised in the financial statements.– An expense is recognised in the financial statements but the same is not deductible for tax purposes.

• A DTA/DTL is created only for TEMPORARY DIFFERENCES. A permanent difference does not create a DTA/DTL as the same is not reversable.

• If a DTL is not expected to be reversed, it is shown as a part of Equity.



A revenue is recognised in the financial statements but not for tax purposes.An expense is deductible for tax purposes but not taken in the financials in the current year.

A revenue is taxed in the income tax return but is not recognised in the financial statements.An expense is recognised in the financial statements but the same is not deductible for tax purposes.

A DTA/DTL is created only for TEMPORARY DIFFERENCES. A permanent difference does not

If a DTL is not expected to be reversed, it is shown as a part of Equity.

19

Concept Checkers

3. Which of the following statements is not true?A. If DTA is not expected to be reversed, it must be reduced by creating a valuation allowance.B. If DTL is not expected to be reversed, the same must be recognised as a prt of equityC. DTA and DLT must be recorded at undiscounted values.



If DTA is not expected to be reversed, it must be reduced by creating a valuation allowance.If DTL is not expected to be reversed, the same must be recognised as a prt of equity.DTA and DLT must be recorded at undiscounted values.

20

Balance Sheet Ratios

• Liquidity Ratios


sLiabilitieCurrentAssetsCurrentRatioCurrent

LiabilitieCurrentSecuritiesMarketableCashRatioTestAcidQuick )(

sLiabilitieCurrentSecuritiesMarketableCashRatioCash

www.edupristine.com


21

sLiabilitieceivablesSecurities Re

Balance Sheet Ratios (cont….)

• Solvency Ratios


EquityTotalDebtLTTotalEquityDebtLT

EquityTotalDebtTotalEquitytoDebt

AssetsTotalDebtTotalDebtTotal

EquityTotalAssetsTotalLeverageFinancial

www.edupristine.com


22

Concept Checkers

4. A partial balance sheet of Wayfair Inc. is provided below

Which of the following ratios most likely increased in 2010

A. Current RatioB. Debt RatioC. Financial Leverage


Assets ($ mn) 2010

Current Assets 54

Total Assets 250

Current Liabilities 27

Total LT Debt 80

Total Equity 110

www.edupristine.com


A partial balance sheet of Wayfair Inc. is provided below

increased in 2010

23

2009

42

210

21

74

95

Concept Checkers - Solution

4. The calculations are shown below

A. Current Ratio has remained the sameB. Debt Ratio has actually decreasedC. Financial Leverage is the only ratio to have increased in the given period


Ratio Calculation

Current Ratio Current Asset/ Current Liability

54/27 = 2.0

Debt Ratio Debt / Equity 80/110 = 0.73

Financial Leverage Assets / Equity 250/110 = 2.72

www.edupristine.com


Financial Leverage is the only ratio to have increased in the given period

24

2010 2009

54/27 = 2.0 42/21 = 2.0

80/110 = 0.73 74/95 = 0.78

250/110 = 2.72 210/95 = 2.21


Agenda







25

About CFA Prep School

School for CFA Prep

a 100 Hrs extensive training program*

that can enable you

to prepare for and crack CFA Level I Examination

www.edupristine.com


School for CFA Prep is


that can enable you

to prepare for and crack CFA Level I Examination

About School for CFA Prep

School for CFA Prep is


that can enable you

to prepare for and crack CFA Level I Exam

=

www.edupristine.com


• Extensive 100 Hours coverage

• 16 days 5 hrs of regular classes

• 3 days 5 hrs of revision classes

• 2 Mock tests

• Extensive Question Bank to

prepare and Practice

• 2 Hrs of one-to-one doubt

clearing sessions*

• Qualified faculty with CFA

Charters and extensive industry

and teaching experience

=

About School for CFA Prep

=School for CFA Prep is


that can enable you

to prepare for and crack CFA Level I Exam

www.edupristine.com


• Proven credentials in successfully

training CFA aspirants

• Actionable and Innovative Material

• Complete Slide Pack

• Each Session followed by Quiz

• Adaptive feedback based on Quiz

• Mock tests and feedback

• Individual doubt solving session

• CFA Visualized Formula Charts

• Summarized Recordings for

revision

=

Tentative Schedule - Feb

* Indicative list – Subject to Change

Date Day Course

19/Feb/11 Sat CFA-Level-I

20/Feb/11 Sun CFA-Level-I

26/Feb/11 Sat CFA-Level-I

27/Feb/11 Sun CFA-Level-I

www.edupristine.com


Topic

Financial Reporting & Analysis -I

Financial Reporting & Analysis -II

Financial Reporting & Analysis -III

Financial Reporting & Analysis -IV

Tentative Schedule - Mar

Date Day Course

05/Mar/11 Sat CFA-Level06/Mar/11 Sun CFA-Level12/Mar/11 Sat CFA-Level13/Mar/11 Sun CFA-Level26/Mar/11 Sat CFA-Level27/Mar/11 Sun CFA-Level

* Indicative list – Subject to Change

www.edupristine.com


Course Topic

Level-I Quant-ILevel-I Quant-IILevel-I Quant-IIILevel-I EthicsLevel-I Corporate FinanceLevel-I Equity Investments-I

Tentative Schedule - Apr

Date Day Course02/Apr/11 Sat CFA-Level-I03/Apr/11 Sun CFA-Level-I09/Apr/11 Sat CFA-Level-I10/Apr/11 Sun CFA-Level-I16/Apr/11 Sat CFA-Level-I

17/Apr/11 Sun CFA-Level-I23/Apr/11 Sat CFA-Level-I24/Apr/11 Sun CFA-Level-I30/Apr/11 Sat CFA-Level-I* Indicative list – Subject to Change

www.edupristine.com


TopicEquity Investments-IIFixed Income Investments-IFixed Income Investments-IIDerivatives-IDerivatives-II

Alternative Investments + Portfolio MgmtEconomics-IEconomics-IIEconomics-III

How it works?

1 2 3

You signup for the program by making payment of USD 1000*

www.edupristine.com


4 5

You signup for the program by making payment of USD 1000*

How it works?

1 2

Start Preparation with material and

www.edupristine.com


3 4 5

material and Live Interactive Class

How it works?

1 2 3

Work on the Problem sets/ Quizzes adapting preparation Style

www.edupristine.com


3 4 5

sets/ Quizzes adapting preparation Style

How it works?

1 2 3

Give Mock Tests/ Ask Doubts/ Revise and Complete

www.edupristine.com


3 4 5

Give Mock Tests/ Ask Doubts/ Revise and Complete Preparation

How it works?

1 2 3

Plan and Achieve Success

www.edupristine.com


3 4 5

Plan and Achieve Success in CFA Level I Exam

Methodology

Each topic will be explained

Conceptual Discussion, Examples, Tests, Quizzes, Actionable

Presentations, Visualized Charts and Q&A

www.edupristine.com


Each topic will be explained through

Conceptual Discussion, Examples, Tests, Quizzes, Actionable

Presentations, Visualized Charts and Q&A

Sample Innovative Material


Probability Distributions

Normal Distribution

Normal Distribution

• Described by mean & variance• Symmetric about its mean• Standard Normal Distribution

- Mean = 0; Variance =1

Z-Score

If Z is a standard normal R.V. An event X is defined to happen if either -1< Z < 1 orZ > 1.5. What is the prob. of event X happening if N (1) =0.8413, N (0.5) = 0.6915and N (-1.5) = 0.0668, where N is the CDF of a standard normal variable?Ans. P(X)= P(-1< Z < 1) + P(Z > 1.5)

= N(1)-(1-N(1)) + N(-1.5)= 2*0.8413-1 + 0.0668= 0.7494

-1 +1 1.5

-4 -3 -2 -1 0 1 2 3 4

68% of Data

95% of Data

99.7% of Data

www.edupristine.com


38

Binomial Distribution

Score Skewness and Kurtosis

No. of σ a givenobservation is awayfrom population mean.

Z=(x-µ)/σ

Q. At a particular time, the market valueof assets of the firm is $100 Mn and themarket value of debt is $80 Mn. Thestandard deviation of assets is $ 10 Mn.What is the distance to default?Ans. z = (A-K) / σA

= (100-80)/10= 2

Q. Which of the following is likely to be a probability distributionfunction?For X=[1,2,3,4,5], Prob[Xi]= 49/(75-Xi

2)For X=[0,5,10,15], Prob[Xi]= Xi/30For X=[1,4,9,16,25], Prob[Xi]= [(X i)1/2 – 1]/5

Ans. The correct answer is For X=[0,5,10,15], Prob[Xi]= Xi/30For all values of X, probability lies within [0,1] and sum of all theprobabilities is equal to 1.

Sample Innovative Material


H0: σ2 = cHA: σ2 ≠ c

Inference Based on

Sample Data

Real State of Affairs

H0 is True H0 is False

H0 is True Correct decision Confidence level = 1-

Type II error

P (Type II error) =

H0 is False Type I error Significance level = *

Correct decision

Power = 1-

*Term represents the maximum probability of committing a Type I error

Null HYPOTHESIS:H0

Alternative Hypothesis: Ha

Hypothesis thatthe researcherwants to reject

Concluded if there issignificant evidenceto reject H0

Type 1 error: rejection of H0 when itis actually true

Type 2 error :Fail to reject H0 whenit is actually false

Q. Co. ABC would give bonus to employees, if they get arating higher than 7/10 from customers. A random sampleof 30 customers is conducted with rating of 7.1/10.Formulate Hypothesis?• Null Hypothesis: H0: Mean<=7• Alternate Hypothesis : H1: Mean>7• Statistic to be measured: t-statistic, with 29 DoF

Range of values within whichH0 Cannot be rejected (say90% or 95%).Known variance, 2 Tailed test,CI is: X”± zα/2(σ/√t)

Confidence Intervals (CI)

Do not reject H0 Reject H0

2

H0: σ2

HA: σ2

Upper tail test:

2

22

σ1)s(n

Hypothesis Tests

Tests for a SinglePopulation Variances

Chi-Square test

Hypothesis Testing

www.edupristine.com


39

One tailed Test Two Tailed test

Test if the value is greaterthan or less than KH0; µ<=K vs. Ha: µ>K

Test if the value isdifferent from KH0; µ=0 vs. Ha: µ≠ 0

2

≤ σ02

> σ02

Upper tail test:

F

/2

F/2Reject H0Do not

reject H0

H0: σ12 – σ2

2 = 0HA: σ1

2 – σ22 ≠ 0

Hypothesis Testsfor Variances

Population VariancesTests for a two

Population Variances

F test

H0: σ12 – σ2

2 = 0HA: σ1

2 – σ22 ≠ 0

22

21

ssF

Q. If standard deviation of anormal population is known to be10 & the mean is hypothesizedto be 8. Suppose a sample sizeof 100 is considered. What is therange of sample means in whichhypothesis can be accepted atsignificance level of 0.05?Ans: SE = = 10/√100 =1

z = (x-µ)/ SE= (x-8)/1

At 95% -1.96<z<1.96Therefore 6.04<x<9.96

n

0

0.05

0.1

0.15

0.2

-5 0 5Z=0 Z=2.5

Do not Reject H0Reject H0

α= 0.05

Z=0

Do not Reject H0

Reject H0

α= 0.025

0

0.05

0.1

0.15

0.2

-5

α= 0.025

Reject H0

Hypothesis

What to expect at the end?

Towards the end of School for CFA Prep*You will be able to learn the topics related to CFA Level I Exam

You will know how to solve the questions asked in CFA Level I Exam

You will get an industry perspective of the topics

You will get a certificate of participation

*assuming you follow the program and practice

www.edupristine.com


Towards the end of School for CFA Prep*You will be able to learn the topics related to CFA Level I Exam

You will know how to solve the questions asked in CFA Level I Exam

You will get an industry perspective of the topics

You will get a certificate of participation

assuming you follow the program and practice

About the Program

100 hours of Active Learning & Networking

Venue: Online

Starting Date: 19 Feb, 2011

www.edupristine.com


100 hours of Active Learning & Networking

Venue: Online

Starting Date: 19 Feb, 2011

Cost of the Program

USD 795For individual registrations

www.edupristine.com


USD 650For participants joining in groups of 5 or more

Contact Details

Questions & Doubts?

Please e-mail me at [email protected]

or visit http://www.edupristine.com

or call +91 989 298 0608

www.edupristine.com


Questions & Doubts?

[email protected]

http://www.edupristine.com

+91 989 298 0608

To Register

• Wire Transfer– Bank Name: HDFC Bank– Country: India– Swift Code: HDFCINBB– Account Name: Neev Knowledge Management Pvt Ltd– Account Number: 00602560008449

• Paypal to PayPal (Preferred)– Create a Personal PayPal account (it is free)– After Logging in, click on tab "My Account" and then on "Profile". Link PayPal account with your credit

card or bank account– Click on the tab "Send Money"– In the "To" tab enter the email id - [email protected]– Pay the fees as per package required.

• Credit Card to PayPal– You can make the payment from your credit card to PayPal account.– Please make the payment to email id - [email protected]



Account Name: Neev Knowledge Management Pvt Ltd

After Logging in, click on tab "My Account" and then on "Profile". Link PayPal account with your credit

[email protected]

You can make the payment from your credit card to PayPal [email protected]

Course Classroom Trainings

Online Trainings

Content

CFA Level I All* + Singapore**

Yes Original

CFA Level II Mumbai, Delhi From 2010 Original

FRM Level I All + Singapore

Yes Original

FRM Level II Mumbai, Delhi Yes Original

PRM All + Singapore

Yes Original

APRM Corporate From 2010 Original

Financial Modeling

Mumbai, Delhi, Bangalore

Yes Original

Finance for Lawyers

Mumbai No Original

CFP Mumbai, Delhi Yes Original

Placement Oriented Training

Colleges No Original

*All cities include Mumbai, Delhi, Kolkata, Chennai, Bangalore, Pune and Hyderabad ; ** Singapore class room trainings to comJune 2010

Other Pristine Offerings



Crash Course/Mock Test

Hours of Training

Accreditation Price

Yes 100 Under Process USD 1000;INR 17,950

From 2010 80 Under Process USD 1000;INR 16,950

Yes 75 GARP USD 495; INR 12,950

Yes 60 GARP USD 495,INR 9,950

Yes 135 PRMIA USD 795, INR 20,000

Yes 80 PRMIA INR 10,000

NA 50 - INR 18,000

NA 50 - INR 45,000

NA 120 Under Process INR 20,000

NA 150 Not Required INR 12,000

*All cities include Mumbai, Delhi, Kolkata, Chennai, Bangalore, Pune and Hyderabad ; ** Singapore class room trainings to commence from June 2010


Agenda

• Introduction and context• Understanding CFA Examination Structure• Introduction to Quantitative Analysis

– Descriptive Statistics– Key Concept Checkers




Understanding CFA Examination Structure

46

Contact

Contact Phone

Unmesha Tawde +91 982 043 2652

Paramdeep Singh +91 989 298 0608

Atul Kumar +91 932 2194 932



Email

+91 982 043 2652 [email protected]



pristine fra-participants-cfa-l1v5

Education

excel financial modeling

area of financial modeling

prm training

training domain

training forto

largestmanagement training

analysis risk management

job neev knowledge management