Pristine is organizing a free webinar on Quantitative Analysis for Finance Risk Manager Part I course, the webinar will run for the entire duration of four hours and will aim to cover the basics of Quantitative Analysis. Topic: Quantitative Analysis – FRM Part I Day: 3rd April, Sunday Time: 6pm to 10pm IST (http://timeanddate.com/s/204a to [...]

Financial Risk Manager Level I Value-at-Risk mainly consists of three parts – Calculating Simple VaR, VaR for Linear & Non-Linear Assets and Marginal VaR. Click “Read More” to view the presentation and the recording of the webinar.

Check your preparation level and strategy with FRM course planner from Pristine. This course planner will generate your preparation hours required for each section of FRM Exam. To download the planner, please right click on the the link FRM-Exam-Planner2012 and save the excel.

Pristine is conducting a short mock exam of 15 questions on FRM exam fundamentals. This quiz is aligned with FRM syllabus. Compare your performance with other candidates from all over the world participating in this quiz.
About The Quiz
The quiz is divided into three sections, Quantitative Analysis, Value at risk, Finance. For the candidates attempting all the sections, we would be sending detailed FRM solutions and Visualize FRM mind maps. The material would help you revise the imortant concepts and formulae.
Quizzes
Please click on the following link for the Quantiative section quiz
Quantitative Quiz
Value at Risk Quiz
Options Pricing Quiz

Everyday we come across questions on when, whether and who should give CFA, FRM exam? Does qualifying these exams ensures a job?
CFA, FRM exams are prestigious worldwide recognized degree exams. They give professional designation to financial analysts who complete a series of exams.
It’s not mandatory that you have to be a professional in finance domain to appear for this exam. These days, engineers, doctors and professionals from other backgrounds who want pursue a career in finance domain opt for these exams.
Qualifying these exams don’t ensure a job but certainly can give you an edge over others. It would be an add on qualification to your career and resume. Companies shortlist the prospective employee’s CV through searching their database on important terms like “CFA”, “FRM“, if these terms appear in your resume, your resume become’s a potential candidate’s CV.

At a recent informal meet in Canada, Finance ministers from the world’s top seven industrialised (G7) nations wound up their informal chats, summed up that the worst for the economic crises was over. But at the same admitted that the recovery from the global recession is still weak.
Expressing cautious optimism over the recovery, they said their governments would continue with stimulus spending to speed up the recovery process.
This is important, because the world economy stands in a very vulnerable state at the moment and one misguided step can make the economy slip back to the state it was a year back or maybe worse.
This is IMF’s take on the present situation:
THE GLOBAL economy appears to be recovering and the worst is definitely over, chairman of the International Monetary Fund Youssef Boutros-Ghali said last week.

The tragedy involving Poland’s president and other key political, military and civilian officials in a airplane landing crash clearly underlines the significance of having an effective individual risk management strategy in place. It has prompted some corporations to review their procedures for protecting executives and other valued employees.
Polish President Kaczynski, his wife along with other key officials perished earlier this month when the “Tupolev Tu-154″ plane, part of the government fleet crashed while landing in dense fog at Smolensk, Russia. The President’s visit was on account of a ceremony commemorating the 1940 Soviet massacre of Polish military officers and civilians.
The accident exposes how unprofessionally many governments manage the risk of losing key leaders.
It is unlikely that a risk-savvy company in charge of such an event would have let such important group of individuals to travel together.

As risk management continues its evolution, reputation management is emerging as a key issue for all enterprises.
In a world economy that is both global and volatile, intangible assets have become a significant chunk of wealth of many companies. Although some assets, like copyrights and licences, brands and leases, may be assessed, the composite ‘reputation’– defined here as the excess value over the total physical assets – can only be derived from the financial market’s evaluation of the company’s shares.
There are factoes that impact the long-term reputational standing of any organisation, and these apply to not-for-profit entities as well as to local authorities and public or private healthcare providers.
Managing reputation is therefore an essential part of the strategic role of the board of directors of a firm, who need to take into account all stakeholders, whose perception of the organisation will determine its reputation. Risks or uncertainties needto be addressed in a holistic systemic approach, as there is no such thing as reputation risks rather, all risks may impact on reputation. Thus the best management of risks to reputation is sound enterprise-wide risk management and governance, where all insiders are involved and external interests are taken into account.

Under Obama, US is tackling the serious issues it inherited. The world economy, while in poor shape, has not caved, and signs of recovery are evident, pushed by stimuli, bailouts. And now, he has taken the health care issues ignored for decades. One other significant area of development has been Financial Regulation Reform. Here are [...]

With the world economy on path of recovery, banks around the world are starting to wrap-up emergency monetary-policy measures. Some have begun to raise benchmark interest rates, and many more are expected to follow this year. All this at a time when the recovery in many economies remains shaky will be tricky, and a capricious exit from expansionary policies might lead to macroeconomic and financial-market turmoil.
The normalisation of monetary policy presents two broad category risks on a macro-level. The first and the most ominous is that policymakers in key economies will miss the boat: tightening too much, too little or doing it at the wrong time. Capping supportive policies before the economy is able to get back on its feet could impede the recovery preocess.; and if this were to occur in the developed countries, it would imperil global GDP growth.