CFA Exam Dates 2017

The Chartered Financial Analyst (CFA) exam is comprised of three different tests – Level I, II, III – that have to be passed in sequential order (i.e. – first test needs to be passed in order to take the second). On the first Saturday in June of each year, all three exams are offered. Additionally, the Level 1 exam is offered also offered in December. The following dates are approximate deadlines for the 2017 CFA exam.

Test centers are located around the globe. Learn more about which test center you’ll be assigned to.

Official Exam Days in 2017  

  • June 3, 2017 – Levels I,II,III
  • December 2017 – Level I only (official date to be determined)

Continue reading…

CFA Exam Dates 2016

CFA Exam Dates 2016

The CFA exam is comprised of three different tests that have to be passed in sequential order. On the first Saturday in June of each year, all three exams are offered. Additionally, the Level 1 exam is offered also offered in December. The following dates are approximate deadlines for the 2016 CFA exam.

Official Exam Days in 2016

  • June 4, 2016 – Levels I,II,III
  • December 5, 2016 – Level I only

Continue reading…

Financial Ratio Analysis with Formulas

Financial ratio analysis is the mathematical relationship between two selected numerical values pulled from a company’s financial statement. There are many ratios used in business to figure such things out as a company’s solvency, profitability, asset turnover, etc. Financial analysts use financial ratios to compare strengths and weaknesses of different entities.

Financial ratios compares values between companies, industries, time periods for a particular company and between a single company and its industry average.  In order to effectively use ratios, they must be benchmarked against something else such as another company.

Financial ratios can be expressed as a decimal value, 0.20 or as an equivalent percent value, 20%.  Ratios that are usually less than 1, are normally expressed as a percentage.

The values we use in calculating financial ratios come from the income statement, balance sheet, statement of cash flows or statement of retained earnings.
Continue reading…

Understanding the Cash Flow Statement – a Beginner’s Guide

A company’s cash flow statement records the movement of cash over a period of time.  Along with the balance sheet and income statement, the cash flow statement is a required element of a company’s financial reports.  The report allows for management and investors to see how a company’s operations are running, where the money is coming from and how it is being spent.

All cash transactions affect the cash flow statement in some way or another. Money that goes out like paying for salaries, equipment, loan, etc. lowers the cash. Money that comes in such as receiving customer wire transfers, interest income, stock purchases, etc. increases cash.

Continue reading…

What is the Securities and Exchange Commission?

The Securities and Exchange Commission is commonly known as the SEC.  It was founded in the year 1934 under section 4 of the Securities Exchange Act, 1934. The purpose of forming the SEC was to regulate the securities industry, and to protect the investors from fraud. Furthermore, it was also meant to enforce federal securities laws. It came into being as a response to the stock market crash of the 1929 and the great depression that ensued. Their actual aim is to make the publicly traded companies reveal the truth regarding their business transactions and treat investors in a fair manner by clearly putting forth their needs to the company.

Continue reading…

LinkedIn for Financial Analysts

Leveraging LinkedIn to start and advance your career as a Financial Analyst is critical. This is undoubtedly the age of the modern world. You find work, you shop and you stay connected to friends and family on the internet. There really is hardly anything you cannot do online in today’s world. Social networking has become an important part of the global world today. Many businesses and firms have been able to increase profits by the strategic use of social websites. LinkedIn is one such social website which especially caters to professional and career oriented individuals and those businesses looking to hire. If you are finance professional and are looking for ways to use LinkedIn to advertise your skills and services, then this article is just for you.

Continue reading…


What is a Budget Analyst?

Budget analysts are finance professional professional who have the responsibilities of analyzing and dissecting the budget of a business. A strong and educated Budget Analyst is certainly one of the most important parts of a business; these professionals are responsible for developing and executing budget strategies. Thus, they help the companies to understand how to allocate resources in the best way possible. The services and skill sets of Budget Analysts are often required in many private, public and non-profit organizations.

According to the Bureau of Labor Statistics, Budget Analysts earn $71,590 (2015 data) per year which is about $10,000 less than a Financial Analyst’s salary.

Continue reading…


Financial Analyst Internship Benefits

A Financial Analyst internship is on the real world, on the job training, paid or non-paid, with reputable companies. We can define it as a bridge between school and the professional life. It is the best way in which a student can gain the kind of practical experience, knowledge and skill of working in the field, which cannot be gained otherwise.

Basically internship refers to a specific period, which could stretch weeks or months, in which an organization allows students or fresh graduates to work in a career they would like to possibly pursue.  What you learn at school, college or university is for your academic growth and understanding of the subjects, but in order to be successful in professional life, you need to get your hands dirty.

Continue reading…

What Does IPO Mean?

What does IPO mean? In simple terms, an IPO (Initial Public Offering) is the process in which shares announced by a company is available to the public for the first time. This system is preferred because it has the support of well reputed investors who underwrite the process. One of the biggest benefits of using this process is the fact that the company sets out to release the IPO is never required to repay its investors. Not only this, but the underwriters also make sure that a certain amount of capital is raised for the company, no matter whether the shares are sold or not.

Continue reading…

Simple Ways to Succeed as a Finance Professional

Have you recently stepped into the world of finance? Or, have you been not very successful in bringing out your best financial skills to work?  Don’t sweat it, we are here to help you deal with either situation.

Generally, people believe that possessing the best mathematical or analytical skills and having good financial knowledge is the only ingredient you require to become a successful financial professional. However, the reality is quite contrary to this perception. If you really wish to excel as a financial professional, then there is much more than mere knowledge of digits and financial principles that you need to buildup in your personality.

Continue reading…