Money Growth
What does the CFA cost? A LOT. How much exactly is up to YOU. We give you the lowdown in this post for all 2018 CFA Program fees. CFA Program Fees Mandatory CFA Program Fees There are three layers of fees you will pay for the CFA Program: (1) CFA Program enrollment fee: US$450 You can't escape this one. When you apply for the...
CFA Brainteaser
This CFA Brainteaser covers aspects of Corporate Finance and Equity. QUESTION Two of your colleagues are arguing about Enterprise and Equity Value. One colleague makes the following statement: "The Enterprise Value of a company is always greater than the Equity Value." Is this statement True or False? Prove it. HINT Can you express Enterprise Value in terms of Equity Value plus other components? SOLUTION FALSE Remember that the...
A question that pops up quite often is: “Should I get an MBA or CFA? Which one is better?”. Now, neither is better than the other. It really depends on your personal circumstances and your personal aspirations! The answer: It Depends. The CFA is Purpose-Built for Investment Professionals In our article what is the CFA and do I need it? we go...
CFA Brainteaser
The best way to really challenge yourself is by doing our CFA Brainteasers. We purposefully make them hard to make sure you really master these concepts! PROBLEM Your boss asks you to come up with an equity valuation P for BoxCo, a German industrial company engaged in carbon weaving. He tells you that BoxCo has net profit per year of E, a return on...
CFA Ethics
Why Ethics matters for the CFA Program Ethics is one of the most important parts of the CFA Program you will encounter. It's also one of the topics that people get wrong. There is no reason to! 10-15% of the entire CFA Program is dedicated to Ethics, and there is a lot of overlap between CFA Exam Levels I to...