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Showing posts from January, 2022

A practical insight into Financial Modelling

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  What do we mean by financial modelling? Financial modelling is a term used to describe the process of forecasting revenues and costs of each income segment of the organization along with a viewpoint on the valuation of an organization. Financial Modelling is essentially utilized by the people in the finance industry to value potential mandates for investment, measure the success of their portfolios and benchmark their investment’s performance against the competitors. Modelling not only helps find the valuation but also understand the feasibility of a financial instrument this, in turn, helps money/portfolio managers recommend appropriate opportunities for investment to the clients. There is a reason why since the inception of excel, the financial industry has heavily relied on financial modelling. Its importance has remained constant and with the evolution of the technology has jumped platforms nowadays with the evolution of technology.   Here’s how models fail and how to im...

A sit-down with our CFA® guide for Ethics and Professional Standards.

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  How to study for Ethics in CFA® Program? Most of the candidates find it really difficult to understand what should be the correct approach to study ethics in all three levels of the CFA® course . As level 1 is considered, the best strategy for a candidate would be to cover ethics at the end once the entire syllabus is over i.e., when the rest of the nine topics are over then the candidate should start covering ethics and it should be at least two months prior to the exams. Since ethics is purely theoretical, how should we go about it? Shall we start mugging all these standards and their content? No, mugging up is not going to help, what is important for you to understand is when you are studying for ethics or when you are solving the questions of ethics you have to have the frame of mind of “Raja Harishchandra” who is known for his honesty and truthfulness and the most important thing is not assuming anything on your own while the solving questions of ethics. Whatever is gi...