A lot of people these days are skeptical about going for MBA, or career in finance, as economies worlwide are still on the process of recovering from US recession and now Euro debt crisis.
The Lehman crisis in 2008 had resulted in huge number of layoffs, and a lot of unemployment in markets. The worst affected domain was of course finance. Nonetheless the economies, with respect to number of employements, in Asia and Europe performed better than US. Post US recession, Euro debt crisis has taken its toll on economies worldwide.
Leading investment banks and other financial services firms have made their recruitment process more demanding and rigorous. The employers want best industry professionals, who can excel in their domains. Firms are looking for team players, leaders, good listeners, speakers, fast learners who can add value to their businesses. Apparently nowadays it’s not just true for finance domain, all industries engineering, IT, Telecom, give prime importance to these traits. In terms of qualification, a lot of importance is also given to candidates who are MBA’s, CA’s, CFA’s, FRM’s, who have thorough domain knowlege.

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.

(A) Why should I go for PRM?

Here goes the why-do-I-do-it list:
Global – Candidates from more than 80 countries are actively pursuing the PRM, more than any other risk certification program.
Endorsed by leading Universities and Businesses.
Predictive Power – Because the PRM is broken into four exams, each of which must be passed to attain the designation, you cannot use strength in one area, say Math or Finance, to cover weaknesses in other area, say Risk Management
But once you get through, it certainly adds to your credentials.

FRM-Exam-Quantitative-Analysis-Questions
One of the most important and fundamental concepts in Risk Management and modeling is Mathematics (Probability) and Statistics! Probability defines the chance of events and is the most basic tool for modeling risk. Statistics gets into rigorous analysis and creates models for prediction. GARP gives a good weight to Quantitative Analysis with 20% weight for FRM level I and 10% weight for FRM Full Exam.
This weight might not appear significant, but if we look closely, most of the questions in Value at Risk (VaR) and Credit Risk (those involving calculation of probability of default, correlations, etc.) are again based on the quantitative analysis part. It would not be wrong to say that most of the syllabus (including financial markets and products and market risk) hinges upon clear understanding of quantitative analysis, probability and statistics.