career-prospects-after-cfa

Career prospects after CFA®

Becoming a CFA charterholder is not easy – and before you invest your time and money in pursuing this career path, it is natural to think of career opportunities that will be available to you. It is evident that there are two segments of aspirants for CFA and both have a different perspective on why they want to pursue the CFA dream. The first segment is a) working professionals and b) college students or graduates. The working professionals may [...]


A Quiz to test your CFA level 1 skills

It is a done thing to be looking for the right question bank for you to practice before your CFA Level 1 2018 exam. You must have scoured the internet, social media forums and other platforms for various mock tests. If you haven’t found the right mock or practice test platform, we have a perfect one to share with you. Mock Tests are essential as they test your academic readiness and help you apply concepts learned in the test scenario [...]


types-of-derivatives

More about Derivatives: Different types of derivatives and their uses

Derivatives are financial instruments that enable the trading of risk from one party to the other. In case you need to gain the understanding of derivatives from first principles you can check out the article on derivatives. In this article, we will expand the idea on different kind of derivatives that exist and why they are needed. Derivatives are one of the key factors that led to the growth of finance in the past four decades. They gave an elegant [...]


derivative

Oh, Derivative! Who art thou? (or an Introduction to Derivatives)

Finance has been jargonized so much that people with non-financial background often find themselves asking the same question over and over again “…but what does it mean?” Does this sound familiar? Do financial concepts often make you feel that it is too complicated and is not your cup of tea? I have had my fair share of personal experiences and learnings in finance. Often after understanding a concept, I wonder, if only it were explained more simply I would have mastered [...]


financing-business

Ways of Financing Business: Debt, Equity and Beyond

Businesses need money to survive and make more money. In this article, we will discuss in detail what are the several instruments used by the companies to raise the required capital. You might have heard that debt and equity are the two primary sources of raising capital by a company. However, you may need to know that there are many types of debt and equity deployed by the company depending on the need and the thinking of the management. [...]


create business reports using excel

Business Reports using Microsoft Excel: An introductory example

Microsoft Excel is unarguably the best software tool for business. It is the standard tool that is used for business reporting and analysis at all the levels in an organization. Be it an Intern, on his first assignment at work or a seasoned CEO, everyone swears by the utility of Excel in making his or her task more manageable. What makes Excel the de-facto standard in the business world? The answer to this is its robustness and versatility. A [...]


Excel pivottable

Starting with Pivot and things you can start doing with it

“In God we trust, all others must bring data.” W Edwards Deming Statistician, professor, author, lecturer, consultant and a great management thinker Use of data analysis to aid decision making lies at the center of the management principles in the current business age. There are a plethora of tools that help people analyze data and make actionable plans on it. However, across industries, people swear by Excel as the most widely used data analysis tool invented, ever. One of the most critical data [...]


How to become financially intelligent?

Finance is the lifeblood of an organization and the need for financial intelligence for career success cannot be understated. Some benefits of being having financial intelligence are Taking financial decisions at the team/department level that may have an impact on the bottom line. Mentoring team-mates and supporting them to become financially intelligent. Being an aware leader who cannot be misguided by others. These are only a few advantages we are listing here. However, it is essential to understand what is meant by financial [...]


CFA vs CA

What is good for you? CFA® vs. CA

What is the best certification course in finance? CFA® (Chartered Financial Analyst) or CA (Chartered Accountant)? Which one is the right choice for me? If you are thinking about whether to go for CA or CFA® or both, you have come to the right page. In this article, we will look in detail what CA and CFA® programs are all about, compare the two and deliberate on which course to go for. CFA® and CA are two of the most [...]


reading a balance sheet

Why you should read the balance sheet before investing

Let’s do a quick thought experiment. Imagine that you wake up in a faraway land where people do not speak English or any other language that you are familiar with. You have to live there for the rest of your life. Can you increase the odds of your survival and prosperity by learning the local language of that place? If your answer is yes, then you will be convinced of the importance of reading a balance sheet before investing. Businesses exist to [...]