This quiz consists of 6 very basic questions on Quantitative section of CFA exam. We would be posting more quizzes on Quant section soon. Pristine provides exhaustive set of questions, mock exams and mind maps that can help you prepare for the exam. The details for the exam can be checked at http://pristinecareers.com/courses/cfa-chartered-financial-analyst/cfa-level-i-training

Financial Modeling is becoming the prerequisite for any job in the finance domain. Here in Pristine we have developed a comprehensive course which starts from the basics of modeling using MS Excel to the advanced topics such as valuation, derivatives modeling etc. We have recorded a small session to give an idea of what we cover in our course. We have uploaded the videos on video sharing site. This recording will be helpful for prospective students to gauge the content and depth of the course.

A small 6 questions quiz on basics of Financial statement analysis (FSA), CFA Level 1.
It should be noted FSA and Ethics carry maximum weightage in CFA exam. It is very important to practice as many questions as possible in these sections. This section could be tricky for the candidates from non-finance background. We advise all the candidates to cover this section thoroughly.
This quiz consists of 6 very basic questions on FSA. We would be posting more quizzes on FSA soon. Pristine provides exhaustive set of questions, mock exams and mind maps that can help you prepare for the exam. The details for the exam can be checked at http://pristinecareers.com/courses/cfa-chartered-financial-analyst/cfa-level-i-training

A small 6 questions quiz on Ethics, CFA Level 1.
-No registeration required
-Please click on the following link
-
CFA Level 1 Ethics Diagnostic Test

A small 6 questions quiz on Portfolio Management CFA Level 1. -No registeration required -Please click on the following link – CFA Level 1 Portfolio Management Diagnostic Test

A small 6 questions quiz on Economics CFA Level 1. -No registeration required -Please click on the following link – CFA Level 1 Economics Diagnostic Test

- A small 6 questions diagnostic quiz based on fundamentals of FRM exam. -No registeration required -Please click on this link to start the exam FRM Diagnostic Test

Candidates writing their CFA 2010 should concentrate on the learning outcome statements that have been changed from 2009 to 2010. These statements outlined by CFA institute are essentially the overview of the syllabus of CFA Exam. Following are the additions in 2010 LOS.
statistical Concepts and Market Returns
discuss the use of arithematic mean and geometric mean when determining investment returns
Probability Concepts
define and explain the multiplication , addition, and total probability rules is added
common Probability Distributions
Calculate and interpret the probability function, PDF, and Cumulative distribution function is added along with calculate and interpret probabilities for a random variable, given its cumulative distribution function
Define discrete random variable and a binomial variable
determine the probability that a normally distributed random variable lies inside a
given confidence interval.

A lot of people have the question if they should pursue CFA or MBA? Which certification you should take depends solely on your professional goals. CFA and MBA both the degrees are expensive, require time and a lot of effort on student’s part. It is very important to note the distinction between these two certifications. MBA is masters degree in business administration, where students are introduced to various areas of business like accounting, marketing, human resources, operations management. There are also Business schools which offer Phd and master courses specializing in specific domains like consulting, finance, marketing etc. The career path after MBA, depends on a lot of factors, including your area of interest, previous work experience and business acumen of specific domain. A lot of employers recruit MBA’s for team manager’s profile where the employee is expected to manage and take quick decisions in their domains. The basic type of MBA courses are typically full time (2 years), part time for evening and weekend batches . There are also Executive MBA’s which are specifically meant for more work experience people. Nowadays, professionals engineers, CA’s, Doctors, politicians go for MBA. Most of the business schools also prefer candidates with at least 4 -5 years of work experience. Almost all of the top B schools recognize GMAT exam ‘s score to test student’s aptitude. However, just giving the exam does not guarantee you an admission, there are a lot of other criterias also that B schools look for, like your past academic record, work experience, other academic qualifications and certifications etc. B Schools in India take CAT, SAT, XAT exams as there enterance examination.

Probability is one of the most useful topics whose application in finance and investment domain is pretty important. Let’s consider a practical example of one of the very interesting applications of probability.
You are a research analyst in an investment bank. Lets consider a hypothetical case, there are two firms in the power industry, Reliance ADAG, and Essar group. Government has decided to cut down the tax on the power sector. As a result of this information you believe the equity of Reliance reflects a 0.89 probability of such decision. The Essar group is equally benefited by the decision. But your analysis show that the equity reflects only 0.45 probability of such decision.