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All you Need to Know About the 2020 CFA Exams
Is there a Need to Pursue Professional Courses? With the rising number of college graduates and a limited supply of jobs, an undergraduate college degree is slowly losing its value. Professional certifications from various professional bodies serve the vital purpose…
Questions to Ask When Hiring New Graduates
Although many employers think that new graduates are not ready for challenges that modern workplaces represent, this is usually not the case. Hiring someone who just finished their studies can actually be an excellent decision for your company. One of…
Society of Actuaries Membership: FSA or CERA?
First, what is an Actuary? An actuary is a professional who identifies and analyses the financial impact of various uncertainties. Actuaries apply mathematical, analytical and computer programming skills to come up with models that identify and manage potential risks. That…
Five Industries Actuaries Can Work in Apart From Insurance
For the actuarial profession, there is no denying that things are looking up – that is in terms of employment opportunities. According to the US Bureau of Labor Statistics, it is estimated that by the year 2028, the absorption of…
Derivatives – CFA Level 1 Essential Review Summary
Reading 56 – Derivative Markets and Instruments Derivative securities are an asset class where they derive (hence the name) their value from an underlying asset. These underlying assets can be financial assets like equities or bonds or real assets like…
Portfolio Management – CFA Level 1 Essential Review Summary
Reading 38 – Portfolio Management: An Overview Portfolio management is about creating a diversified approach to meet one’s investment goals. Diversification involves avoiding too much exposure to a single asset or asset type. Diversifying the risks of a portfolio help…
Alternative Investments – CFA Level 1 Essential Review Summary
Reading 58: Introduction to Alternative Investments The CFA curriculum is always changing and this last reading of Level 1 has been completely overhauled by the Institute and is considered a new reading. There is only this one reading regarding alternative…
SOA Exam IFM: Investment and Financial Markets
On your way to becoming an actuary, the Society of Actuaries (SOA) Exam IFM will most likely be your third actuarial exam. It is among the three preliminary professional tests (the other two being Exam P and Exam FM) that…
SOA Exam FM: Financial Mathematics
You’ll need to pass a total of 10 actuarial exams to be accredited as an actuary – life or non-life regardless. Of course, the exams will be unique to the actuarial discipline you choose except for the first three –…
Equity Investment – CFA Level 1 Essential Review Summary
Reading 44 – Market Organization and Structure Financial markets serve a wide variety of purposes, but there are six main categories of activity. They are used for Saving by individuals and organizations in order to grow their assets over time. Borrowing is also done…