...2016 FRM Exam Study Guide ® The designation recognized by risk management professionals worldwide 2016 Financial Risk Manager (FRM®) Exam Study Guide TOPIC OUTLINE, READINGS, able to deal with them effectively. As TEST WEIGHTINGS such, the Exams are comprehensive in The Study Guide sets forth primary nature, testing a candidate on a number topics and subtopics covered in the FRM of risk management concepts and Exam Part I and Part II. The topics were approaches. selected by the FRM Committee as ones that risk managers who work in practice today have to master. The topics and READINGS Questions for the FRM Exams are related their respective weightings are reviewed to and supported by the readings listed yearly to ensure the Exams are timely under each topic outline. These readings and relevant. The study Guide also were selected by the FRM Committee contains a full listing of all the readings to assist candidates in their review of that are recommended as preparation the subjects covered by the Exams. It is for the FRM Exam Part I and Part II. strongly suggested that candidates review Key concepts (knowledge points) these readings in depth prior to sitting for appear as bullet points at the beginning each exam. All of the readings listed in the of each section and are intended to help FRM Study guide are available through candidates identify the major themes GARP. Further...
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...Key Questions Chapter 1 1. What does Financial Management involve? 2. What is the “Cycle of Money”? 3. How do lenders and borrowers benefit from financial intermediaries? 4. What are the four major areas of Finance? 5. What are the four types of markets for financial assets? 6. What are three ways of classifying financial markets? 7. What are the three main questions financial managers must answer? 8. What is the overriding goal of financial managers? 9. What are the five major determinants of stock prices and which are unambiguous in their impact on stock prices? Chapter 2 1. What are the principal financial statements and what does each one tell us? 2. What is the basic structure of the BS and IS? 3. Why is cash flow more important than Accounting profits? 4. What three factors make cash flow not equal to net income? 5. What are OCF, CFFA, CFTC and CFTO? 6. What is the cash flow identity and how does it relate to the BS identity? 7. Why might a firm’s OCF not all be available for distribution to investors? Chapter 3 1. How do we compare cash flows that occur at different points in time? 2. What is meant by “compounding” and “discounting”? 3. What is a time line and what purpose does it serve? 4. What are the four variables in the simple PV/FV relationship and how does each affect either PV or FV? 5. What specific question does each of the four variables answer? 6. What is the Rule...
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...administration in organizations. Provides an intensive study of the wage system, methods of job evaluation, wage and salary structures, and the legal constraints on compensation programs. INSTRUCTIONAL MATERIALS Required Resources Martocchio, J. J. (2013). Strategic compensation: A human resource management approach (7th ed.). Upper Saddle River, NJ: Prentice Hall / Pearson. Supplemental Resources Andersen, S. (2012). The keys to effective strategic account planning. Velocity, 14(1), 23-26. Burkhauser, R. V., Schmeiser, M. D., & Weathers II, R. R. (2012). The importance of anti-discrimination and workers’ compensation laws on the provision of workplace accommodations following the onset of a disability. Industrial & Labor Relations Review, 65(1), 161-180. Employee compensation: 12 trends for 2012. (2012). HR Specialist, 10(2), 1-2. Survey of the Month: Companies Focus On Updating Compensation in 2012. (2011). Report on Salary Surveys, 18(12), 1-5. The Society of Human Resources Management (2012). General format. Retrieved from http://www.shrm.org WorldatWork. (n.d.). General format. Retrieved from http://www.worldatwork.org COURSE LEARNING OUTCOMES 1. Analyze how compensation practice can be applied to positively impact an organization and its stakeholders. 2. Examine the ways in which laws, labor unions, and market factors impact companies’ compensation practices. 3. Evaluate the effectiveness of traditional bases for pay (seniority and...
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...WILEY John Wiley & Sons, Inc. Contents About the Authors Preface Part 1 Chapter 1 ix vii INTRODUCTION INTRODUCTION Outline of the Book 2 The Economic Theory of Choice: An Illustration Under Certainty Conclusion 8 Multiple Assets and Risk 8 Questions and Problems 9 Bibliography 10 4 1 2 Chapter 2 FINANCIAL MARKETS Trading Mechanics 11 Margin 14 Markets 18 Trade Types and Costs 25 Conclusion 27 Bibliography 27 1 1 Chapter 3 FINANCIAL SECURITIES Types of Marketable Financial Securities 2 8 The Return Characteristics of Alternative Security Types Stock Market Indexes 3 8 Bond Market Indexes 3 9 Conclusion 4 0 36 28 Part 2 Section I Chapter 4 P O R T F O L I O ANALYSIS MEAN VARIANCE PORTFOLIO THEORY THE CHARACTERISTICS OF THE OPPORTUNITY SET UNDER RISK Determining the Average Outcome 4 5 A Measure of Dispersion 4 6 Variance of Combinations of Assets 4 9 Characteristics of Portfolios in General 51 Two Concluding Examples 61 Conclusion 6 4 XIII 41 43 44 XIV CONTENTS Questions and Problems Bibliography 6 6 Chapter 5 64 DELINEATING EFFICIENT PORTFOLIOS Combinations of Two Risky Assets Revisited: Short Sales Not Allowed The Shape of the Portfolio Possibilities Curve 77 The Efficient Frontier with Riskless Lending and Borrowing 8 4 Examples and Applications 8 8 Three Examples 93 Conclusion 9 6 Questions and Problems 9 6 Bibliography 97 68 68 Chapter 6 TECHNIQUES FOR CALCULATING THE EFFICIENT FRONTIER Short Sales Allowed with...
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...315 WK 6 QUIZ 4 CHAPTERS 8 & 9 To purchase this visit here: http://www.activitymode.com/product/mkt-315-wk-6-quiz-4-chapters-8-9/ Contact us at: SUPPORT@ACTIVITYMODE.COM MKT 315 WK 6 QUIZ 4 CHAPTERS 8 & 9 MKT 315 WK 6 Quiz 4 Chapters 8,9 MULTIPLE CHOICE 1. Why does it make sense to sell high-priced and exclusive merchandise such as diamonds, rare Cognac, or Waterford Crystal, through warehouse club channels? a. The warehouse clubs attract thousands of customers each year. b. Companies can sell last year’s style/model easily at the warehouse club. c. Two-thirds of the shoppers at a warehouse club are business owners, many of whom are successful and affluent. d. These types of manufacturers are changing their distribution channels to include mass merchandisers, discount stores, and warehouse clubs in order to reach more potential buyers. e. It makes no sense for these manufacturers to sell products at a warehouse club and diminish the image of their brand or product name. 2. The emphasis on channel design strategy is to help the firm gain ___________. a. lower variable costs b. a more efficient operation c. strong channel members that will help the firm gain sales d. a recognizable name and image among buyers e. a competitive sustainable advantage 3. The market constructs used in the text to analyze markets in relation to channel design strategy consists of all of the following dimensions except: a. Market density. b. Market behavior. c. Market reputation...
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...www.qyresearchreports.com Global and China Functional beverages Industry 2013 Market Research Report The report firstly introduced Functional beverages basic information included Functional beverages definition classification application industry chain structure industry overview; international market analysis, China domestic market analysis, Macroeconomic environment and economic situation analysis and influence, Functional beverages industry policy and plan, Functional beverages product specification, manufacturing process, product cost structure etc. then statistics Global and China key manufacturers Functional beverages capacity production cost price profit production value gross margin etc details information, at the same time, statistics these manufacturers Functional beverages products customers application capacity market position Activationontact information etc company related information, then collect all these manufacturers data and listed Global and China Functional beverages capacity production capacity market share production market share supply demand shortage import export consumption etc data statistics, and then introduced Global and China Functional beverages 2009-2013 capacity production price cost profit production value gross margin etc information. And also listed Functional beverages upstream raw materials equipments and down stream clients survey analysis and Functional beverages marketing channels industry development trend and proposals. In the...
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...Student learning and outcomes 4 3.4. Teaching Strategies 4 4. STUDENT RESPONSIBILITIES AND CONDUCT 5 4.1. Workload 5 4.2. Attendance 5 4.3. General Conduct and Behavior 5 4.4. Keeping informed 5 5. LEARNING ASSESSMENT 5 5.1. Assessment details 5 5.2. Assignment Submission Procedure 7 5.3. Late submission 7 5.4. Assignment Format 7 6. ACADEMIC HONESTY AND PLAGIARISM 7 7. STUDENT RESOURCES 8 7.1. Course Resources 8 8. COURSE SCHEDULE 9 COURSE STAFF Teaching Staff: Cao Minh Man PhD Room: A1-308 Phone: Email: cmman@hcmiu.edu.vn Consultant times: To be advised/ also by appointment Tutor: Room: Phone: Email: Consultant times: 1 Communication with Staff Student are advised to contact staff during consultant times, or by arranging an appointment INFORMATION ABOUT THE COURSE 2. Units of Credit UOC value for the course: 3 1 Perquisite and Parallel courses Not applicable 2 Relationship of this course to other course offerings This is core required course for all majors in the Bachelor of Business Administration (BBA). It focuses on the basic principles of market economy. 3 Approach to learning and teaching The teaching and learning adopted in this course is...
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... | Course Aims: Provide students with some fundamental concepts of modern financial management theory relevant to making operating and investment decisions. The course also introduces some of the core financial management and decision making techniques used in the business world. Course Intended Learning Outcomes (CILOs) Upon successful completion of this course, students should be able to: 1. Describe the financial environment, agency costs, the goals of the participants, and the basic structure of Hong Kong financial and banking systems 2. Explain working capital policies and apply working capital management tools 3. Apply the concepts of risk-return trade-off and time value of money in financial management decisions, and in stock, bond, and asset valuation; 4. Describe the meaning & implications of efficient capital markets; 5. Evaluate competing sources, uses and costs of finance available to corporations in corporate financing decisions; 6. Evaluate corporate investment decisions using capital budgeting techniques with consideration to ethics and corporate governance. Academic Honesty (Extracted from...
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... | Course Aims: Provide students with some fundamental concepts of modern financial management theory relevant to making operating and investment decisions. The course also introduces some of the core financial management and decision making techniques used in the business world. Course Intended Learning Outcomes (CILOs) Upon successful completion of this course, students should be able to: 1. Describe the financial environment, agency costs, the goals of the participants, and the basic structure of Hong Kong financial and banking systems 2. Explain working capital policies and apply working capital management tools 3. Apply the concepts of risk-return trade-off and time value of money in financial management decisions, and in stock, bond, and asset valuation; 4. Describe the meaning & implications of efficient capital markets; 5. Evaluate competing sources, uses and costs of finance available to corporations in corporate financing decisions; 6. Evaluate corporate investment decisions using capital budgeting techniques with consideration to ethics and corporate governance. Academic Honesty (Extracted from...
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...Introduction to Economics Course outline Instructor/ teaching assistants details Details | Instructors name | Ayesha Samie | Email address | ayesha_samie@yahoo.com | Counseling hours | | Teaching assistants name | Uroosa Jeelani | Email address | uroosaj@gmail.com | Tutorial timings and days | Thursday 12:45-13:45 | About the course. This course will teach students the basic tools of microeconomics and macroeconomics issues such as price determination, supply and demand, consumer behavior, costs of production and market structures growth, inflation, unemployment, interest rates, exchange rates, technological progress, budget and trade deficits. The course will provide a unified framework to address these issues and to study the impact of different policies, such as monetary and fiscal policies, on the aggregate behavior of individuals. Evaluation of Student Performance: | Weightage in grade | Hourlies | 30% (15% of each hourly) | Final exam | 30% | Assignments/presentations/quizzes | 25% | Class Participation | 15% | Total | 100 | Description of each component: * The term exams (hourlies) and final exam will be conducted as per the rules set by IBA. There will be no makeup exams, unless instructed. All IBA rules of examination apply to undertaking the exam * Assignments will be split in class assignments and home assignments. Class assignments must be handed over to the instructor at the end of the class (unless otherwise)...
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...| |UNIVERSITI TUNKU ABDUL RAHMAN (UTAR) | | |FACULTY OF ACCOUNTANCY AND MANAGEMENT | | | | | |Bachelor of International Business (Hons) | | | | | |Unit Code & |UKFF4024 | | |Unit Title: |MULTINATIONAL FINANCE | | |Course of Study: |Bachelor of International Business (Hons) | | |Year of Study: |Year Three, Trimester Two | | |Trimester Year |Jan 2016 | | |Credit Hour: |4 credit hours ...
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...Licensed to: iChapters User Eugene F. Brigham UNIVERSITY OF FLORIDA Joel F. Houston UNIVERSITY OF FLORIDA Copyright 2011 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s). Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it. Eugene F. Brigham UNIVERSITY OF FLORIDA Joel F. Houston UNIVERSITY OF FLORIDA Copyright 2011 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s). Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it. Licensed to: iChapters User This is an electronic version of the print textbook. Due to electronic rights restrictions, some third party content may be suppressed. Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. The publisher reserves the right to remove content from this title at any time...
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...ENT3003 EXAM 3 REVIEW Chapter 3 Entrepreneurial opportunity * The fundamental difference between an idea and an opportunity is that the entrepreneur extracts value from the idea * 2 fundamental theories on how opportunities happen * Discovery theory – arising from shifts in external factors in the market or industry * Creation theory – that there is no single coherent theory, but a number of assumptions about contexts and behaviors that don’t fall within the realm of discovery theory Creativity * Enables entrepreneurs to differentiate their business * Is the basis for invention * Critical skill for recognizing or creating opportunity Wallas’s four stages of the creative process * Preparation * Incubation * Illumination * Verification Challenges to creativity * 3 Main types of roadblocks * Personal * Problem solving * Environmental * No time for creativity * One of the biggest contributors to this is multitasking * No confidence Developing creative skill * Design an environment to stimulate creativity * Keep a log of ideas * Most business concepts come from existing ideas on which the entrepreneur makes improvements * Take advantage of personal network * Return to childhood Techiniques to generate ideas * Define the problem * Restate the problem * Identify the pros/cons for potential solutions * Develop a decision tree * Brainwriting ...
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...Draft, Aug 22, 2015 Finance 853 Debt, Money Instruments and Markets Syllabus Andrei Simonov / Room 321/ tel. 884-0455 / simonov@msu.edu “Debt, Money Instruments and Market” rounds out a portfolio of major topic areas in finance and will be of interest to any MBA student who is interested in either investment or corporate finance. This course provides students with a focused examination of the debt market. Topics examined include valuation, term structure of interest rates, derivatives of fixed income instruments, Treasury securities, 国库证券 corporate bonds 企业债券. The course should also be beneficial to students that want to pass CFA exams. Teaching material: 1. Course note package and additional materials online; 2. Textbook: Frank J. Fabozzi, Bond Markets, Analysis and Strategies, (Hardcover: 792 pages, Publisher: Prentice Hall; 6th, 7th, or 8th editions) Available in Spartan Bookstore. 3. Cases (case pack is available for sale at $ 36.71 in Spartan Bookstore in the International Center. a. Tombstones (HBS 5-213-085) b. Arbitrage in the Government Bond Market? [HBS Case 9-293-093] c. The Harvard Management Co. and Inflation-Protected Bonds (HBS Case 201053). #Relation, correlation between d. Cougars (HBS Case 295006). #How banks are making there money, how many moneys they make, is a good deal or not a good deal #Corporate finance course, simple liner relation Instructional methods: The course will be in a traditional lecture format...
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...With the varied work schedules of many students, fixed office hours are generally inconvenient for students. As a result, I have set office hours and I have provided an “important telephone” number. If you would like to meet with me, let me know and we will arrange a mutually satisfactory time. For some students, telephone “meetings” are easier. To this end, you may call me at reasonable hours (i.e., before 10:00 p.m.). NOTE: It is the student’s responsibility to read, understand and abide by all of the course information and policies listed below. Failure to do so could result in you failing this course or being withdrawn from this course by your instructor, School of Business Dean’s Office or by the Graduate Studies Department. The course syllabus provides a general plan for the course; deviations may be necessary. COURSE PREREQUISITE: All MBA Foundations classes must be completed or waived before enrollment in FIN 611. REQUIRED MATERIALS: 1. Textbook – Corporate Finance: The Core, by J. Berk and P. DeMarzo, published by Prentice Hall, ISBN (10‐digit) 0132153688. Available in loose leaf (3‐ring) format in the U Tampa bookstore. Textbook are also available as an e‐book from coursesmart: 1 Revised 08/21/2012 2. Cases and readings: available from www.study.net – available by 8/27/12 3. Additional files and readings will be distributed via Blackboard 4. Calculator - A financial calculator is required for this class. A Hewlett Packard 10B or a Texas Instruments...
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