Pristine is conducting online CFA training FREE of cost on Quantitative Analysis for CFA Level 1. This training is on 30th January (Sunday), for more details click on the “Read More” link.

What is Yield ?
The term yield indicates the amount in cash that the owners of a security will get. Generally, it does not take into account the price variations, at the difference of the total return. Yield applies to various stated rates of return on stocks (common, preferred, and convertible), fixed income instruments like bonds, notes, bills, strips, zero coupon etc. and other investment insurance products like annuities.
What is Yield spread ?
Yield spread is the difference between the quoted rates of return on two different investments, usually of different credit quality.

ristine gladly informs all the candidates and prospective candidates of CFA program that the Delhi High Court has given provisional permission to conduct all the exams of CFA Institute (USA) on June 6, 2010 in India. However, this permission is provisional which implies that the court could reverse its decision which could lead to the following three options for the registered candidates:
1. Receive a refund of applicable CFA Program fees
2. Defer registration to a future date for a centre outside of India
3. Request a test center outside of India for the June 2010 CFA exam
All the registered candidates from India can choose their test center from the following five centers in India-
1. Bangalore
2. Chennai
3. Mumbai
4. New Delhi
5. Kolkata
To change your center: Click: https://www.cfainstitute.org/finsecustomer_enu/start.swe > Customer Service> New Query.

There is no secret formula that can help you navigate through the CFA program and pass the test, but an organized, disciplined approach will help you pass each level of the program and ultimately achieve your goal.
Don’t waste time, get going: The CFA Institute prescribes that at least 250 hours of independent study is necessary to pass each exam. Here is what they say : ” … a minimum of 15-20 hours per week for 18 weeks to studying the assigned readings. Allow a minimum of one week for each study session spread over several days, with completion scheduled for at least 30-45 days prior to the exam. This schedule will allow you to spend the final four to six weeks before the exam reviewing the assigned material and taking multiple online sample exams. Successful candidates report spending an average of about 300 hours reading and studying the curriculum, plus 4-6 weeks reviewing and taking online sample and mock exams.”

Last weekend we had a session on Quantitative Analysis portion of CFA Level I Exam. People from across the world attended the session and discussed the strategies to crack CFA Level I exam and quantitative analysis portion in general. For the benefit of those who missed the session, or those who want to review the [...]

CFA® Program for Chartered Financial Analyst About CFA® Administered by CFA Institute, USA Minimum time to pass all three exams: 1.5 years Average time: 4 years Recommended 250 Hrs of study for each exam level CFA® charter holder membership requirements include, but not limited to 48 months of acceptable professional work experience and passing the [...]