##### Difference between MBA, Masters in Finance (MF), CFA® Program and FRM

Now the world is going digital. This increase in online tools, services, and various platforms has led to a high jump in material available on-the-line. Since you’ve come to our page, you are probably a student, wondering how to succeed…

##### Why 2021 Is the Time to Add Uncorrelated Returns to Your Portfolio

The key to being a successful investor is understanding how an investment is correlated to the general market performance. You need to have an idea of how it is likely to perform in a bearish and a bullish market.  Covid-19…

##### Time To Rethink the Classic 60/40 Portfolio

The Federal Reserve is continuously tightening and affecting fixed-income investments. It has decided to reduce the rate of return for bonds with at least five years of maturity. Generally, the 60/40 portfolio has delivered excellent performance. However, tough times must…

##### Writing an Effective Preparation Plan for the CFA® Level III Exam

You’ve invested a lot of hard work, study hours, and your time into passing the level I and level II CFA® exam. You’ve succeeded and now it’s time for the final stage. You can almost see the finish line and…

##### CFA® vs. MBA vs. Master’s in Finance (MF): Comparing and Contrasting

If you are just starting or have already begun building a career in finance, you may be considering becoming a CFA (Chartered Financial Analyst®) charterholder.  It’s clearly a respected credential in the investment community. At the same time, you may also…

##### 7 Reasons People Fail Level I of the CFA® Exam

The financial services industry is filled with career opportunities. There are company-employed financial analysts, CFO’s, and advisors, investment managers, freelance financial planners, personal budget consultants, and, of course, all possible professional careers in the banking and insurance industries. What gets…

##### Evolution of Portfolio Theory Efficient Frontier to SML (Calculations for CFA® and FRM® Exams)

Evolution of Portfolio Theory In theory, we could form a portfolio made up of all investable assets, however, this is not practical and we must find a way of filtering the investable universe. A risk-averse investor wants to find the…

##### Timelines – Your Best Friends (Calculations for CFA® and FRM® Exams)

What is a timeline? A timeline is an physical illustration of the amount and the timing of cash flows associated with an investment project. Some of the applications of a timeline include: Quantitative Methods: Time Value of Money Capital Budgeting…

##### Portfolio Return and Variance (Calculations for CFA® and FRM® Exams)

Portfolio Expected Return Portfolio expected return is the sum of each of the individual asset’s expected return multiplied by its associated weight. Thus: $${E(R_p)}=\sum{w_ir_i}$$ Where: $$i$$ = 1, 2, 3, …, n; $$w_i$$ = the weight attached to asset i;…

##### Beta and CAPM

Beta Beta is a measure of systematic risk, which refers to the risk inherent to the entire financial market. This is the risk that you cannot get rid of by diversifying across different securities. A common misconception is that Beta…