Premium Essay

Equity Derivatives Exam Important

In: Other Topics

Submitted By bhaveshmotiyani
Words 54875
Pages 220
Workbook for NISM-Series-VIII: Equity Derivatives Certification Examination

National Institute of Securities Markets www.nism.ac.in 1

This workbook has been developed to assist candidates in preparing for the National Institute of Securities Markets (NISM) NISM-Series-VIII: Equity Derivatives Certification Examination (NISM-Series-VIII: ED Examination). Workbook Version: September 2012 Published by: National Institute of Securities Markets © National Institute of Securities Markets, 2012 Plot 82, Sector 17, Vashi Navi Mumbai – 400 703, India All rights reserved. Reproduction of this publication in any form without prior permission of the publishers is strictly prohibited.

2

Disclaimer The contents of this publication do not necessarily constitute or imply its endorsement, recommendation, or favouring by the National Institute of Securities Market (NISM) or the Securities and Exchange Board of India (SEBI). This publication is meant for general reading and educational purpose only. It is not meant to serve as guide for investment. The views and opinions and statements of authors or publishers expressed herein do not constitute a personal recommendation or suggestion for any specific need of an Individual. It shall not be used for advertising or product endorsement purposes. The statements/explanations/concepts are of general nature and may not have taken into account the particular objective/ move/ aim/ need/ circumstances of individual user/ reader/ organization/ institute. Thus NISM and SEBI do not assume any responsibility for any wrong move or action taken based on the information available in this publication. Therefore before acting on or following the steps suggested on any theme or before following any recommendation given in this publication user/reader should consider/seek professional advice. The publication contains information,...

Similar Documents

Premium Essay

Vu Doc

.... - Have insight in the way the most important inputs for SAA, VaR models and assumptions for expected returns and risks, and Asset and Liability Management (ALM)...

Words: 5495 - Pages: 22

Free Essay

Xxkkjkk

...2008 FRM® Examination  Study Guide  Topic Outline, Readings, Test Weightings    The Study Guide sets forth primary topics and subtopics under the five risk‐related disciplines covered in the FRM exam.  The  topics  were  selected  by  the  FRM  Committee  as  topics  that  risk  managers  who  work  in  practice  today  have  to  master. The topics are reviewed yearly to ensure the FRM exam is kept timely and relevant.    FRM Examination Approach  The FRM exam is a practice‐oriented examination. Its questions are derived from a combination of theory, as set forth in  the readings, and “real‐world” work experience. Candidates are expected to understand risk management concepts and  approaches and how they would apply to a risk manager’s day‐to‐day activities.  The FRM examination is also a comprehensive examination, testing a risk professional on a number of risk management  concepts and approaches. It is very rare that a risk manager will be faced with an issue that can immediately be slotted  into one category. In the real world, a risk manager must be able to identify any number of risk‐related issues and be  able to deal with them effectively.    Readings  Questions for the FRM examination are derived from the readings listed under each topic outline.  These readings were  selected by the FRM Committee to assist candidates in their review of the subjects covered by the exam. ...

Words: 2523 - Pages: 11

Free Essay

Timeprep-Guide-for-the-Cfa-Exam

...The following three chapters of the book are each related to one of the levels of the CFA Exam – here you can read various useful information regarding study materials, types of questions that appear on the exam, articles regarding the review phase etc. The sixth chapter gives you advice regarding your learning process in general, as well as handling one of the tougher periods of your life with your close ones. The book ends with our tips that will enhance your learning process and prepare you for the exam. i Guide for the CFA exam by TimePrep And who are we? We are a group of...

Words: 17281 - Pages: 70

Premium Essay

Syllabus Bmgt343

...It is a student’s responsibility to read the assigned chapters, as information in them may be part of a quiz or an exam. Week Week 1 Week 2 Week 3 BMGT343 Topic Introduction Debt securities – I Debt securities – II Reading Chapter 1, 2, and 3 Chapter 10 Chapter 11 Xiaohui Gao Bakshi Week 4 Week 5 Week 6 Week 7 Week 8 Week 9 Portfolio theory I - Risk and return Portfolio theory II – Efficient diversification The capital asset pricing model (CAPM) Empirical tests of CAPM Market efficiency Midterm review Chapter 5 Chapter 6 Chapter 7.1 & 7.2 Chapter 7.3, 7.4, and 7.5 Chapter 8 Midterm Exam: October 30, Thursday (tentative schedule) Week 10 Week 11 Week 12 Week 13...

Words: 1828 - Pages: 8

Premium Essay

Ongc Project

...Gujarat Technological University Syllabus for New MBA Program effective from Academic Year 2011-12 (Also applicable to 2nd Year Students of 2010-12 Batch MBA Program) COMPULSORY COURSES MBA-II Semester-IV Sub Name: - Comprehensive Project Report – Industry Defined Problem (CP-IDP) Sub Code: - 2830004 In addition to Major Specializations, there will be over sixty Sectorial / Industry Areas for Practical studies in which theoretical papers / books are not to be taught in regular classroom sessions, but the teachers and students are free to use any available books, publications and online material to understand and guide the students for various sectors. Ideally, a teacher should study and specialize in at least TWO Sectors, so four teachers can guide 60 students in a class. (Reference: Appendix 1: List of Sectorial Areas for Comprehensive Project study given in Sem III Syllabus). This report is similar to the Grand Project, which was the part of earlier syllabus. The Comprehensive Project Report is based on the research methodology and students have to prepare the research report by using appropriate scientific statistical research tools for preparation of the CP in consultation with the faculty guide. (Please also refer the Guidelines for CP in MBA Semester III, as the same Project Title continues in Semester IV). A student has to opt for any ONE of the Sectorial Areas and study it thoroughly. The students may undertake the CP based on the selection of an Industry Defined......

Words: 19599 - Pages: 79

Premium Essay

Acfi 2005 Source Outline

...Course Outline Newcastle Business School ACFI2005 Finance Semester 2, 2011 Callaghan Campus Unit Weighting: 10 Units Lecturer and Course Coordinator: Paul Docherty CONTENTS 1. Teaching Staff 3 2. Contact Hours and Teaching Methods 3 3. Blackboard 3 4. Student Email 4 GENERAL COURSE INFORMATION 4 5. Brief Course Description 4 6. Assumed Knowledge 4 7. Course Objectives / Learning Outcomes 5 8. Link to Graduate Attributes 5 9. Course Content 5 10. Continuous Course Evaluation and Improvement 6 TEXTBOOKS AND REFERENCES/READINGS 6 11. Textbooks and Readings 6 12. Prescribed Text 6 13. Recommended Texts/Readings 6 TOPIC AND LECTURE OUTLINE 7 14. Course Schedule 7 ASSESSMENT DETAILS AND POLICIES 8 15. Types and Due Dates of Assessment 8 16. Details of Assessment 8 17. Penalties 9 18. Academic Integrity, Plagiarism and Turnitin 9 19. Cover Sheets for Assessment 10 Assessment Grades and Percentages 10 ACADEMIC SKILLS RESOURCES 10 20. Academic Skills Resources 10 UNIVERSITY POLICIES AND GENERAL INFORMATION 11 21. Extension of Time for Assessment Items, Deferred Assessment and Special Consideration 11 22. Students with a Disability or Chronic Illness 12 23. Changing Your Enrolment 12 24. Other Policies Related to Your Enrolment 13 25. Alteration of this Course 13 ......

Words: 4834 - Pages: 20

Premium Essay

Fraud and Error

...01 Technical risk management relevanT To acca QUalificaTion PaPer P4 The management of risk is a key area within a number of ACCA papers, and exam questions related to this area are common. It is vital that students are able to apply risk management techniques, such as using derivative instruments to hedge against risk, and offer advice and recommendations as required by the scenario in the question. It is also equally important that students understand why corporations manage risk in theory and in practice, because risk management costs money but does it actually add more value to a corporation? This article explores the circumstances where the management of risk may lead to an increase in the value of a corporation. Risk, in this context, refers to the volatility of returns (both positive and negative) that can be quantified through statistical measures such as probabilities, standard deviations and correlations between different returns. Its management is about decisions made to change the volatility of returns a corporation is exposed to, for example changing a company’s exposure to floating interest rates by swapping them to fixed rates for a fee. Since business is about generating higher returns by undertaking risky projects, important management decisions revolve around which projects to undertake, how they should be financed and whether the volatility of a project’s returns (its risk) should be managed....

Words: 2727 - Pages: 11

Premium Essay

Rsm230 2010 Solution

...UNIVERSITY OF TORONTO Faculty of Arts and Science & Rotman School of Management Final Examination, April, 2010 RSM 230H1S – Financial Markets INSTRUCTIONS: You have 2 hours for this exam. Complete your Scantron in PENCIL and use it to answer Part A of the exam. Answer Part B of the exam on this paper in the space provided. All cell phones and portable electronic devices must be turned off. Non-programmable calculators are permitted Please remain in your seats during the last 15 minutes of the exam period so you do not disturb others. PLEASE SUPPLY THE FOLLOWING INFORMATION: Student #__________________ Student Name___________________ Circle your Instructor’s Name: Huggins Stapleton Indicate your Section: Monday 8:00 –10:00 ____ Wednesday 8:00-10:00 _____ Monday 10:00 –12:00 ____ Wednesday 10:00-12:00 _____ Thursday 11 am to 1 pm _____ Please check that you have filled in your Scantron sheet correctly: 1) Write in and bubble your student ID number (one entry per column) as well as your Last Name and Initials. Hyphenated last names should be bubbled in without spaces or dashes. 2) Do not make any marks outside the shaded area PART A – Multiple choice questions. (75% of total grade) Please answer in pencil on the Scantron provided. All questions have equal weight....

Words: 2287 - Pages: 10

Free Essay

Dcfdvfgdf

...FINC 6016 Financial Instruments and Markets Final Exam Guide * The final exam for FINC6016 Financial Instruments and Markets will be held on Thursday, November 13, 2014 at 1:50 pm. Please check the location for your specific exam on the Sydney Student section of the University of Sydney website. Note that there are multiple venues for the final exam due to the large class size – you may not have the same room as other students in the class. * The final exam is worth 50% of your total mark for the course. It will last for three hours, plus ten minutes reading time. You are allowed a non-alphanumeric calculator for the exam (which will be checked). Please ensure that you bring your student ID card as well. The formula sheet you will receive is attached to the end of the exam. * The exam consists of two parts * Part A: 45 Multiple Choice Questions, worth a total of 15 marks. These questions cover material from later portion of semester only (since the second multiple choice mid-term examination), but there will be obvious benefits to understanding material from earlier in the course.. * Part B: 5 short-answer questions with multiple parts, worth a total of 35 marks....

Words: 1216 - Pages: 5

Premium Essay

Uop Spread Sheets

...Students learn important criteria for calculating capital changes, applying concepts of fixed assets and cost determination, and preparing consolidated financial statements. Other topics include the professional responsibilities of CPAs, deferred taxes, cash flow statements, balance sheet preparation, restructuring of troubled debt, and the intricacies of comprehensive income. Week 1 - Topic 1: Reporting Issues Objectives Differentiate among the services provided by auditors. Explain procedures for reporting accounting changes and error corrections. Describe the professional responsibilities of accountants in financial reporting. Compare and contrast the forms of business structure. Explain the methodology used to determine deferred taxes. Materials SUPPLEMENT: Week One Content Outline SUPPLEMENT: Week One Mind Map SUPPLEMENT: Week One Student Road Map SUPPLEMENT: Sample Final Exam EBOOK COLLECTION: Auditing and Assurance Services, Ch. 1 EBOOK COLLECTION: Intermediate Accounting, Ch. 19 EBOOK COLLECTION: Intermediate Accounting, Ch. 22 EBOOK COLLECTION: Advanced Accounting, Ch. 7 EBOOK COLLECTION: Financial Accounting Theory and Analysis, Ch. 17 Assessment Individual Assignment: CPA Report As the CPA for a large organization, your manager has asked you to provide information to outside CPAs who are examining a subsidiary that has been set up as a corporation....

Words: 1034 - Pages: 5

Free Essay

Stryker Corporation: in-Sourcing Pcbs

...AFIN328 Financial Risk Management Department of Applied Finance and Actuarial Studies Faculty of Business and Economics Unit Guide D2 Day; Offered in Session 2, North Ryde 2012 Table of Content Table of Content General Information Convenor and teaching staff Credit Points Prerequisites Corequisites Co-badged status Unit Description 2 3 3 3 3 3 3 3 Learning Outcomes Graduate Capabilities Problem Solving and Research Capability Creative and Innovative Effective Communication Commitment to Continuous Learning Discipline Specific Knowledge and Skills Critical, Analytical and Integrative Thinking Engaged and Ethical Local and Global citizens Capable of Professional and Personal Judgement and Initiative 4 5 5 5 6 6 7 7 8 8 Assessment Tasks Class Test 1 Class Test 2 Group assignment Final Examination 10 10 10 10 11 Unit Schedule Delivery and Resources Policies and Procedures Academic Honesty Grades Grading Appeals and Final Examination Script Viewing Special Consideration Policy Student Support Student Enquiry Service Equity Support IT Help 12 13 14 14 14 14 14 15 15 15 15 Research and Practice 16 Page 2 of 16 General Information Convenor and teaching staff Unit Convenor: Alan Rai Email: alan.rai@mq.edu.au Phone: 9850 1169 Office: E4A 228 Consultation Hours: 1-3pm Monday Lecturer: James McCulloch Email: james.mcculloch@mq.edu.au Consultation Hours: Consultation during tutorials or via email Credit......

Words: 3151 - Pages: 13

Premium Essay

The Thing

...Your Final Exam is scheduled for next Wednesday. You can take the exam beginning Wednesday Feb 8, 2012 at 12.00 Noon. The Exam window will close on Friday Feb 10, 2012 at 12.00 Noon. You will have two hours, at one sitting, to finish the exam. The current technology does not enable us to monitor the exam, so I will make it "open book". While you have three days to take the exam, I strongly recommend that you take it early on Wednesday or Thursday. In the past, students have encoutered numerous problems if they wait till the last minute such as technology failure, personal or family problems. You will answer a total of 5 questions (2 Problems and 3 short essay Questions). The problems will be focussing on Triangular Arbitrage, and Derivatives. The essay questions will be identical to the ones in the review sheet. More on this in the Adobe session scheduled for Thursday Feb 2, 2012. FINANCE 6644: Global Financial Strategy Krishnan Dandapani January 2012 Final Exam Review Questions Instructions A. Please be concise and precise in your answers. B. Practice answers for closed book, class room setting. C. Suggested length: minimum one page; maximum two pages per question. D. You would answer 5 questions or Problems in two hours in final exam. Questions 1. Ethical Standards a....

Words: 2200 - Pages: 9

Premium Essay

Fnce

...Important information and additional readings for FNCE 759, L01 are posted on Blackboard. Students should regularly check the Announcements section of Blackboard for ongoing notices. Your instructor may not necessarily cover all of the materials in the chapter, but it is the responsibility of the student to understand the concepts presented in the textbook and lectures. If you are unsure of any of the concepts, please take the initiative to ask the instructor during class. CONTACTING YOUR INSTRUCTOR Students requiring assistance are encouraged to speak to their instructor during class or during their office hours. Should you wish to meet with the instructor outside of office hours, please telephone or email the instructor to make an appointment. Students should get into the habit of making and keeping business appointments. Colin.Jackson@haskayne.ucalgary.ca...

Words: 1623 - Pages: 7

Premium Essay

Syllabus

...Course Structure and Grading The course consists of lectures, homework assignments (not graded), class case discussions, a team-based take-home case final, and four in-class exams. Lectures: The lectures are designed to provide an understanding of the major elements of finance. The emphasis is...

Words: 1116 - Pages: 5

Premium Essay

592 Syllabus

...COURSE OBJECTIVES Financial and management accounting are more closely linked in practice than one might expect from reading traditional textbooks and the problems to be resolved often have income tax and auditing consequences as well. This seminar is designed to provide you with opportunities to apply general concepts and principles learned in intermediate and advanced financial accounting courses to new economic transactions and business decisions. Cases will be used to permit you to practice the skills you will need as a professional accountant whether in public accounting or private industry. In particular, this course is intended to refine your skills in researching the professional accounting literature to solve particular accounting problems, to arrive at defensible solutions where GAAP is vague or nonexistent, and to present your research conclusions in a professional manner. You will have opportunities to present your work orally and in writing. REQUIRED MATERIALS: A recent Intermediate Accounting text (Kieso used in Acct 315 & 414 would be fine) A recent Advanced Accounting text (whatever was used in for Acct 415-515 would be fine) On-line access to FASB’s ASC (accounting standards codification). The Department has purchase academic license so you can use the $850 “professional” version rather than the free version which has fewer bells and whistles. You can log on from fasb.org but it will take you to http://aaahq.org/ascLogin.cfm where you......

Words: 2858 - Pages: 12