Alternative to MSN Stock Quotes Add-in in Excel

Note: This is a forum discussion that has been converted into a blog post. Initial Email by Roger: All of you that use this on a regular basis will already know that this quit working about 4 days ago. I emailed Manish to ask if he knew if MSN was going to fix the problem since […]

Best Calculator for CFA Exam

For the CFA exam, there are only two calculators allowed by the CFA Institute. The candidates can buy either of these and must carry them to the Exam Center on exam day. The two calculators are: Texas Instruments BA II Plus Financial Calculator (including BA II Plus Professional) HP 12C Financial Calculator (including the HP 12C […]

Books on PRM Certification

The Professional Risk Manager (PRM) certification is an online certification program for risk managers. To become a PRM, you need to pass four exams, each one testing you on different areas. The exam is conducted online and there is no specific rules on how you prepare for the exam. PRMIA, the body that conducts the […]

CFA Exam Registration Fees

Understanding how CFA exam registration fees structure works may be confusing for some students. Here I am providing a simple explanation. 1. Note that there are discounts available for early registration. 2. When you enroll into CFA, there is a one-time enrollment fee to be paid. This fee has nothing to do with the exam. […]

How to calculate beta for a portfolio

To calculate the beta of a portfolio, you need to first calculate the beta of each stock in the portfolio. Then you take the weighted average of betas of all stocks to calculate the beta of the portfolio. Let’s say a portfolio has three stocks A, B and C, with portfolio weights as 10%, 30%, […]

Overdraft Loan Facility by Muthoot Finance

Indians are resourceful people who can start with very little and make entire kingdoms of it. The stories of Dhirubhai Ambani and more recently Flipkart stand testimony to the fact that Indians can start small but the possibilities are endless. Most young people dream of being independent setting up their own business. There is no […]

Sample Questions for ERP Exam

GARP has provided a few sample questions for the ERP Exam. These questions can be downloaded form the below link:

Why companies issue multiple classes of common stock?

Question Companies issue various classes of common shares such as Class A shares and class B shares. Why is that? Answer: First, note that different classes of shares does not mean common shares and preference shares. Within common shares, companies issue different classes of shares such as Class A and Class B shares. All these […]

Basel III for Dummies

Basel III is the third Basel Accord from Bank of International Settlements. The objective of the Basel III accord is to strengthen the regulation, supervision and risk management of the banking sector. The new rules prescribe how to assess risks, and how much capital to set aside for banks in keeping with their risk profile. […]

FRM Pass Rate and Grading

What’s the FRM Exam Pass Rate and how are you graded? In May 2014, the FRM Exam pass rates were as follows: Part I – 42.5% Part II – 58.1% The following table provides the historical pass rates for FRM exam. Year FRM Part I Exam FRM Part II Exam 2009 55.2 May-10 52.5 54 Nov-10 […]