It is but natural to proceed another step forward after completing on step, which is why now we will understand the classification of ratios analysis and discuss Liquidity ratio. Accounting ratio indicates the financial position of a firm, and the classification of the ratio also depends on the [party using it. The three broad classifications are based on Balance Sheet, basis of Profit and Loss Account, and basis of Mixed Statement. These classifications are then grouped into three types of ratio—Liquidity, Profitability, Turnover, and Solvency. To help you better, here is a chart.

It is important for us to know a little about all these ratio types. The Liquidity ratio is about the quick conversion of assets into money to meet the short-term goals. Though instrumental, it does not bring to light the effective management of cash resource and is also known as Short-term Solvency Ratio. Then, there types of Liquidity Ratios, the ones we will discuss in brief are the common ones.
The first one is the Current Ratio. This establishes the relationship between current assets and liabilities, the two pivotal components of this ratio. The assets that can be converted into cash within the span of a year are current assets, the liabilities that can be paid off within a year. And like many other things, it has two sides to itself—advantages and disadvantages. Some of these advantages are that it measures the liquidity of the firm, represents the working capital and short-term solvency of a firm. While the disadvantages of Current Ratio are that the accuracy can not be proofed because of the different businesses, variant factors, and over-valuation of stocks.
The simple calculation for Current Ratio is:
Current Ratio = Current Assets / Current Liabilities
The next is line to be known is the Quick Ratio. Due to its stringent and meticulous test of the capability of a firm in paying its short-term obligations on the due date, it is also known as Acid Test Ratio. This can help taking care of the quick assets and current liabilities. The ideal Quick Ratio is 1: 1. Some of its advantages are like it tells the liquidity position of a firm, removes the errors of current ratio, and is the supplementary to the current ratio.
Quick Ratio = Liquid Asset (Current Assets – Stock & Prepaid Expenses) / Current Liabilities
The third type of Current Ratio that we would here learn about is the Absolute Liquid Ratio. This ratio establishes the relationship between the absolute liquid assets and current liabilities. Also, it considers the cash in hand and at bank, and the marketable securities or temporary investments. The most favourable and optimum value for this ratio should be 1: 2. It indicates the adequacy of 50% worth absolute liquid assets to pay the 100% worth current liabilities in time.
Absolute Liquid Ratio = Absolute Liquid Ratio / Current Liabilities
This was just a little detail on all the three Current Ratios and at large, a bit on the Liquidity Ratio. To find more, you need to read the proper blog on our website. After all, it is good learn through the short route, but it is always nicer to learn through the proper detailed text.
https://www.edupristine.com/blog/ratio-analysis-ratios-formulae

Since you have cleared your class 12 examinations, have you given any musings on what you need to do straightaway? If you are considering picking a vocation in Commerce, then we would state it's an incredible decision. In India, Commerce has developed massively and is known for giving a wide extent of profession alternatives to seek after class 12. It additionally gets more extensive with understudies understanding the significance of Commerce and the specialization courses related with it. These courses not just give you a chance to develop and make a celebrated vocation yet in addition enable you to end up the first class in your expert profession. Be that as it may, the inquiry which inconveniences you is 'Which profession alternative to pick?'.
It's anything but an impulse that you need finished your Higher Secondary from Commerce as it were. A Science or an Arts' understudy can likewise seek after these courses after 12th. As it is properly said "It's not what you accomplish, it's what you overcome. That is the thing that characterizes your profession". All you require is devotion, persevering soul and fearlessness to confront every one of the obstacles coming your direction. Presently let me toss some light on the absolute most esteemed and industry regarded profession alternatives you can choose after class 12.
ACCA (Association of Chartered Certified Accountants)
ACCA is the world's driving and quickest developing worldwide bookkeeping association with 162,000 individuals and 428,000 understudies crosswise over 173 nations. The ACCA capability helps in creating fruitful professions in the fields of bookkeeping, keeping money, administration and counselling. The real favourable position of seeking after this course is viewing for senior parts.
CMA (Certified Management Accountant)
Confirmed Management Accountants (CMA) are key money related administration experts with bookkeeping abilities and initiative skills in global intensity, advertise improvement, HR administration, and data innovations. This worldwide accreditation settles on you the favoured decision of the potential managers. It is offered by the Institute of Management Accountants (IMA) USA and the substance is routinely surveyed by the Institute of Certified Management Accountants (ICMA). It has been offered since 1972 and has affirmed more than 40,000 experts.
CPA (Certified Public Accountant)
A Certified Public Accountant (CPA) is the most elevated standard of capability in the field of Accountancy over the globe. The exam is regulated by the American Institute of Certified Public Accountants (AICPA), which is the world's biggest bookkeeping body.
A CPA capability is like the Indian CA capability. Notwithstanding the CA capability, a CPA will know about US Generally Accepted Accounting Principles (GAAP), IFRS (International Financial Reporting Standards), Generally Accepted Accounting Standards (GAAS), US government tax collection and business laws. This gives an incredible favourable position to a CPA when working with US Based Financial firms or Indian firms working for US customers.
Business Accounting and Taxation Course (BAT)
There are chances that you might not have found out about this accreditation previously but rather on the off chance that you are searching for bookkeeping confirmation then this one is a decent profession alternative. On the off chance that you are going for you will have hands on aptitude in the field of Accounting, Taxation, Reporting and Compliance incorporated with top of the line bookkeeping programming projects and applications like Tally ERP 9, SAP, Advanced Excel, QuickBooks.
CA (Chartered Accountant)
Graphed bookkeepers represent considerable authority in the fields of bookkeeping, including open administration and government bookkeeping. Occupation obligations of a Chartered Accountant contrast incredibly inside particular positions. Numerous obligations are shared between CAs that incorporate planning monetary reports and archives, keeping up speculations records, assessing potential money related hazard and in addition giving proficient suppositions with respect to the financial choices of the firm.
CS (Company Secretary)
Organization Secretary is an expert course which is controlled by The Institute of Company Secretaries of India (ICSI). Organization Secretary Course furnishes you with the information and comprehension of the cutting edge corporate monetary and legitimate undertaking hones. To get a Company Secretary confirmation, the hopeful needs to pass the Foundation Program, Executive Program, and Professional Program. You can show up for the Foundation Program for Company Secretary, on the off chance that you have passed 10+2 in any stream.
https://www.edupristine.com/blog/courses-after-12

Project Management is a field where extensive communication and collaboration with the team comes in handy to deliver projects as good as masterpieces. To outshine as a successful Project Manager, use the Basecamp—a cloud-based online project management tool. You can set up a project in Basecamp and track tasks. Since communication is an important part, one can level-up by adding people to the project for communication and manage the message board. File storage, as part of data maintenance forms another vital part of the aides provided by Basecamp. While these are all that Basecamp enables the users at, we would now learn about the features or advantages of the Basecamp tool.
Basecamp comes in very handy, as project creation becomes a cakewalk using this tool. It helps you create a notepad sheet is created when you create a project. Since project management is about team management as well, one can add team members and their details, while keeping them informed about every progress. This also keeps the process and status transparent. It is easy to be a manager when you have time to look at other details and using the feature of Basecamp, you can add administrators for the projects; keep it on rotation to keep it fair. Keeping and then maintaining a To-do List is also very necessary and for this Basecamp allows you to even send progress enquiry mails to the team members, allocate due dates, and assign tasks. Discussions keep is handy so using the Basecamp you can hold fruitful discussions and brainstorming session which will show up on the home page. The project information or follow-up mails also become an easy task.
There must be times when project managers wish to create project relate documents that can be simultaneously be worked on by multiple users, and for this, Basecamp is the go-to name. Not only can the user create documents, but having issued rights, these very documents can become easy trackers. And cherry on cake, you can use these sheets on your mobile device with equal ease. Then the next worry is maintaining a calendar. A true cumbersome task it is! But not if you use Basecamp. Not only does it remind of timelines and deadlines that you feed it keeps all event-related information unforgettable too. Since you have been able to take care of deadlines and events using the Basecamp, time for us to tell you that each milestone you touch or aspire for (through the To-do list) is also made easy by the online tool. To achieve these milestones, Basecamp keeps you informed about the tasks they are working on, the dates and timelines they have, and the open and closed tasks; all of this, using a viewer-friendly calendar view mode.
There are a few more advantage, like the Everyone tab to check status and role of people involved in a project, and Everything tab gives a summary of the project work. It is Apple-friendly, and Basecamp comes with 3rd party integrations enabled and a strong security system that includes firewalls, daily backups for major systems, data encryption, and surveillance. But is it all hunky-dory about Basecamp and no flawa? We will not be dishonest and admit there are a few. These flaws are like no creation of Gantt charts and task interdependencies, not many accounting related features, and an ever-preventing security issue with storing data on the cloud.
These are a few, hence the Basecamp is a huge hit and a must-go-to. There are, however, a few pricing details that you need to look at and pay for the active programs.

https://www.edupristine.com/blog/up-and-running-with-basecamp

HLOOKUP in excel expectations scans for an incentive in the main line of a table. At the match segment, it recovers an incentive from the predefined push. Utilize HLOOKUP when query esteems are situated in the main line of a table. Utilize VLOOKUP when query esteems are situated in the principal segment of a table.

Summary
HLOOKUP is an Excel capacity to query and recover information from a particular line in table. The "H" in HLOOKUP remains for "level", where query esteems show up in the primary line of the table, moving on a level plane to one side. HLOOKUP bolsters inexact and correct coordinating, and special cases (* ?) for discovering incomplete matches.

Purpose
Query an incentive in a table by coordinating on the main column

Return value
The coordinated an incentive from a table.

Syntax
=HLOOKUP (esteem, table, row_index, [range_lookup])

Arguments
esteem - The incentive to gaze upward.
table - The table from which to recover information.
row_index - The line number from which to recover information.
range_lookup - [optional] A boolean to demonstrate correct match or inexact match. Default = TRUE = rough match.


Utilization notes
HLOOKUP scans for an incentive in the primary column of a table. At the match segment, it recovers an incentive from the predefined push. Utilize HLOOKUP when query esteems are situated in the principal column of a table. Utilize VLOOKUP when query esteems are situated in the principal section of a table.


Range_lookup controls whether esteem needs to coordinate precisely or not. The default is TRUE = permit non-correct match.

Set range_lookup to FALSE to require a correct match.

On the off chance that range_lookup is TRUE (the default setting), a non-correct match will cause the HLOOKUP capacity to coordinate the closest incentive in the table that is still not as much as esteem.

At the point when range_lookup is excluded, the HLOOKUP capacity will permit a non-correct match, yet it will utilize a correct match on the off chance that one exists.

In the event that range_lookup is TRUE (the default setting) ensure that query esteems in the main line of the table are arranged in climbing request. Something else, HLOOKUP may restore a mistaken or surprising worth.

In the event that range_lookup is FALSE (require correct match), values in the main line of table don't should be arranged.

https://www.edupristine.com/blog/using-hlookup-excel

A Business Analyst job interview Question is a person who investigations and attempts the assignment of understanding changing business needs, surveying the effect of those progressions on business, breaking down and archiving prerequisites, supporting the correspondence procedure and conveyance of necessities with applicable partners. The part of a Business Analyst is frequently observed as a correspondence connect amongst IT and the business partners. The International Institute of Business Analysis (IIBA) depicts the part as "a contact among partners so as to comprehend the structure, arrangements, and activities of an association, and to prescribe arrangements that empower the association to accomplish its objectives."
Presently on the off chance that you have a Business Analyst Interview arranged for yourself, by what means will you plan for it? Simply robbing up the ideas of Analytics and a satisfying identity will push you to a specific degree. In any case, imagine a scenario where you know a portion of the inquiries that you can expect in the meeting. Won't that be cool? So ease your pressure, comprehend the inquiries and know the responses to it and tune yourself up for the enormous day.
1) What is a flowchart and why it is more important?
A Flowchart demonstrates the entire stream of framework through images and outlines. It is essential since it makes the framework straightforward for engineers and also nontechnical partners.
2) Define Use Case Model?
Utilize case display demonstrates an arrangement of occasions and stream of activities with respect to any procedure performed by a performer.
3) What does UML remain for?
It remains for Unified Modelling Language.
4) Do you think Activity Diagram is imperative and how?
As the name infers, an action graph is about framework exercises. The principle reason for movement outline is to demonstrate different occasions occurring in an association in various offices.
5) Can you name the two sorts of charts intensely utilized as a part of your field?
The two outlines are Use Case Diagram and Collaboration Diagram
6) Do you know what is implied by a substitute stream in an utilization case?
It is the elective arrangement or movement in an utilization case that ought to be followed if there should arise an occurrence of any disappointment in the framework.
7) What are exemptions?
These are the unforeseen circumstances or results in an application.
What are expands?
Expands are moves that must make put in an utilization case.
9) Name the two archives identified with an utilization case?
The two archives are FRD (Functional Requirement Document) and SDD (System Design Document).
10) What is the distinction between Business Analyst and Business Analysis?
Business Analysis is the procedure performed by the Business Analyst.

https://www.edupristine.com/blog/business-analyst-job-interview-qas

Most of the medical students are confused about FMGE and USMLE . So here we try to clear their doubts or confusion for the same. FMGE (Foreign Medical Graduates Examination) is also known as Medical Council of India Screening Test. It is a licensure exam conducted by National Board of Examination (NBE) in India. This is a mandatory test for a medical student who has done his medicine from a college outside India to practice medicine in the country. Unlike FMGE USMLE (United States Medical Licensing Examination) is a three-step exam for all IMGs (International Medical Graduates) who wants to pursue their medical career in the United States.
What is FMGE?
FMG is a condensing for a Foreign Medical Graduate, an understudy having an essential medicinal capability granted by any restorative foundation outside India. Though a FMGE – Screening test is shortened for outside medicinal graduate examination-screening test, which a FMG needs to go for acquiring a temporary or changeless enrolment with Medical Council of India or any State Medical Council.
Benefits of FMGE:
The 5 – 6 years that understudies avoid their family and nation to seek after the fantasy of turning into a medicinal graduate is fragmented until the point when they qualify the FMGE-Screening test. The FMGE empowers them to rehearse in India, following a time of temporary position.
What is USMLE?
The United State Medical Licensing Examination comprises of three exams; STEP1, STEP 2CK, STEP 2 CS and Step 3. A candidate needs to qualify all these exams for acquiring licensure in United States. For International Medical graduates (IMGs), the Education Commission for outside Medical Graduates (ECFMG) assesses the restorative capability of IMGs, their therapeutic school and furthermore directs USMLE STEP 2CS.
Benefits of USMLE:
In the wake of finishing USMLE you can;
1. Apply for residency and partnership in USA
2. Attain life time legitimacy of ECFMG declaration The Education Commission for outside Medical Graduates"
3. Obtain acknowledgment to work in New Zealand, Canada, Australia, Dubai as well as Qatar
4. Avail better scholastics and research offices
5. Fasten green card handling

https://www.edupristine.com/blog/usmle-vs-fmge

Graduation is the most important step in your career. But if you have a little bit of idea about what’s going on in the market, then graduation is not all in your career. Yes, we’re talking about your B.Com. You chose B.Com because you feel that you have inclination toward business and commerce and to be precise. Just completing your B.Com even with a great score will not ensure success in accounting career. You need to think farther, and you need to be on your edge.
The Most Common Choices
Chartered Accountant (CA)
Most demanded careers that cross every commerce student’s mind is CA. CA exams are conducted by Institute of Chartered Accountants (ICAI) and require one to clear 3 Examinations over the period that are CPT, IPCC and Final CA. Since you are done with your graduation, you are eligible to directly appear for IPCC which consists of two groups. A student is required to register for articles with experienced CA’s for a period of two and a half years after clearing one of the groups. Later, clearing both groups of IPCC and successfully completing your articles you can appear for Final CA. Final CA again has two groups and after clearing both the groups, you will be ready to affix the words CA before your name.
Master of Commerce (M. Com)
Wondering the next step after the B.Com? I am sure most of you go for M.Com. It is most common for students going for the master’s degree in commerce after completing B.Com. It is a two-year program and you can pursue it from any of the recognized institutes. M.Com is a program that focuses on systematic study of Accounting, Business, Finance, Economics, Statistics, Taxation, Marketing and Management and therefore it gives insights about all the fields.
Master of Business Administration (MBA in Finance)
There are individuals who will encourage you to seek after MBA. A decent profession in MBA thoroughly relies upon the validity of the organization that you are seeking after from. On the off chance that you are an IIM understudy then achievement will tail you to your doorsteps yet doing MBA from a common and very little prestigious foundation will just add numbers to the rundown of jobless MBAs. The aftereffects of your CAT exams decide the organization where you can seek after the MBA program. It is a two-year program on finishing of which you can without much of a stretch land position in budgetary administration division. Let’s go International
Certified Management Accountant (CMA)
In the event that you have plans of going worldwide or working in the Top MNCs at that point going for global accreditations is the correct decision for you. The CMA is offered by the Institute of Management Accountants (IMA) USA and the substance is consistently inspected by the Institute of Certified Management Accountants (ICMA). To end up a CMA, an understudy is required to clear two examinations. CMA shows your expert mastery in monetary arranging, examination, control, choice help, and expert morals – settling on you the favored decision of the potential managers.’More Details about CMA course
Certified Public Accounting (CPA)
A Certified Public Accountant (CPA) is the most astounding standard of skill in the field of Accountancy over the globe. The exam is managed by the American Institute of Certified Public Accountants (AICPA), which is the world's biggest bookkeeping body. A CPA capability is like the Indian CA capability. Notwithstanding the CA capability, a CPA will know about US Generally Accepted Accounting Principles (GAAP), IFRS (International Financial Reporting Standards), Generally Accepted Accounting Standards (GAAS), US government tax assessment and business laws. This gives awesome favorable position to a CPA when working with US Based Financial firms or Indian firms working for US customers. This exam comprises of 4 exams which can be finished inside a time of not as much as a year. Seeking after CPA in the wake of finishing CA, M. Com, CS, MBA in fund, ICWA can likewise push your vocation as it were.

https://www.edupristine.com/blog/career-after-bcom

What is IPO?
Initial Public Offering (IPO) is the stock of a private company is offered to the general public and IPOs are often issued by younger, small companies seeking capital to expand, but they can be also be done by large privately owned companies looking to become public traded.
How a company offer IPO?
Company before it becomes public hires an investment bank to handle the IPO. Later, along with the underwriting agreement they use, they file the registration statement with SEC. SEC scrutinizes the disclosed information and if found right, it allots a date to be announce the IPO.
Why a company offer an IPO?
Offering an IPO is a money-making exercise. Every company needs money to invest there business, it maybe to expand, to improve their business goal, to better the infrastructure, to repay loans, etc.
Company going public means that can be brand has gained through success to get the name flashed in the stock exchange. It is a matter of credibility of a company.
Should you invest in IPO?
We are deciding whether to put your money into an IPO of a relatively Start-up company is indeed a investment to grow their business. Being a sceptic is a positive attitude to have in the stock market.
The Background checks
Obviously, company does not have an enough data to back your decision, because it is just going public now. you need to scrutinize it. fund management team and their plans of IPO generated fund utilization.
Who is underwriting
The process of underwriting is raising investments by issuing new securities. Be cagey of the underwriting of small investment banks Usually, an IPO with a success potential is backed by big brokerages that can endorse a new issue well.
Lockup periods
Often IPO takes a deep downtrend after the IPO goes public. The reason behind this fall of the share price is the lockup period. After the lock-up period ends, the share price experiences a drop in its price.
Flipping
Flipping is reselling a hot IPO stock in the first few days to earn quick profit. The reason behind this is that companies want long-term investors who hold their stock, not traders.

https://www.edupristine.com/blog/initial-public-offer

1. Career opportunities available in private sector: Lots of career opportunities are available for m.com graduates in the Finance and Account section of Fast Moving Consumer Goods (FMCG) companies like Hindustan Unilever Ltd, Nestlé India, Cadbury India, Procter & Gamble Hygiene and Health Care, Asian Paints (India) etc. M.Com graduates can take up any of the following job roles available in these companies and earn a salary between Rs. 1,00, 000/- and Rs. 6,00,000/- per annum. Post that can be held are:
Assistant Manager
Company Law Assistant
Junior Accountant
Relationship Manager
Sales Officer (Accounts)
With experience, they can move up to the position of Senior Accounts Executive, Senior Executive of Corporate Sales or even ERP Functional Executive.

2.) They can also find following lucrative career opportunities in Insurance companies like Bajaj Allianz Life Insurance Company Limited, SBI Life Insurance Company Limited, HDFC Life Insurance Company Limited etc.
Accountant
Book Keeper
Cashier
Financial Analyst
Mutual Fund Broker
Budget Analyst
Internal Auditor
Securities Analyst
Salary offered to mcom graduates in these jobs are between Rs.1, 00, 000/- to Rs.7, 00, 000/- depending on the type of company. Private Banks like HSBC, Max New York Life, HDFC etc. also recruit these postgraduates for the post of credit officer, loan officer or accounts officer with a salary up to Rs. 5, 00, 000/- per annum.

3. After Clearing UGC NET exam you are eligible for becoming professor in any university. Your experience will make you future more glorious.

4. PHD is another option after which one can pursue you research and even you can go abroad based on your research.

Back in the day, when technology wasn’t very advanced, almost every business leader relied on basic scientific studies and statistics to predict trends in consumer behavior. However, Internet has gained traction, and business has become more and more global. Every day, the wealth of information is derived from social media, and mobile phones. Data has begun to surge and enter the business lexicon. It was, therefore, important for every business leader to keep pace with new technology and understand the importance of the new medium, Big Data. To keep a track on Terabytes, Petabytes, Exabytes of data, and ascertain predictive information, Data Scientists are winning favor from the best employers in the world.
Why Is Big Data The Next Big Thing?
Recent research states that business that utilizes Big Data analytics perform 26% better than their counterparts. Big Data analytics can help enterprises take concrete decisions to actually experience best business results. Following are the key areas where Big Data is profoundly being used.
Stock Market:
Big Data is now proving to be fruitful for companies that are forecasting with stock market applications. Data extracted can help in identifying new challenges and opportunities in the market.
Health Care Industry:
Large quantities of data help the Health Care Industry to identify drug interactions, social and economic factors that impact the outcome of treatments. Big Data can help doctors in the detection of the onset of a disease before a time that would lead to reduced mortality rates and better quality of life.
Retail:
Big Data can lead to better customer experience and enhance productivity in business.
Banking, Finance, and Insurance:
By using Big Data it is easy to detect fraud and eliminates wrong actions during online financial transactions.
Telecom Industry:
Big Data can help Telecom companies to study subscriber persona and their usage patterns, which can help in devising marketing campaigns to find favor with them.

Politics:
Big data revolutionized the way American politicians win elections. This allows campaigns to identify their most likely voters and target them with ads and favorable content.

Read how Cambridge Analytica has been using Big Data for many political parties all over the world. Click here.

Exam Marking Strategy
To increase your chances to pass the exam it is very important that you get more than 70% marks in the high weighted subjects namely FRA, Ethics, Fixed Income, Economics; Corporate Finance. The CFA Institute gives very high priority to Ethics so a more than 70% score can give you an edge.
Last Day Tips
• Go through your revision Notes or Formula Charts, and Summarize Recordings
• Don’t try to discuss new topics with friends. Instead focus on the material that you have referred
• Be calm on the last day before the exam. Don’t take too much stress on the last day by working late in the night. The exam is very long and requires stamina and energy. So on the last day take it easy. Revise the formulae; see a few questions (especially those in the mock test). But sleep for a comfortable duration so that you don’t feel tired on the D-Day.
Before the exam, check
• Take your Financial Calculator
• You have at least 4 pencils, 1 Eraser & 1 sharpener with you
• You have the Exam Admission Ticket on clean, unused paper and Passport.
[url]https://www.edupristine.com/blog/last-minute-strategy-cfa-1 CFA Level I[/url] Exam Day Strategy
• Morning Exam Time 9 am to 12pm: 120 questions are given subject wise i.e. 1.5 minutes for each question
• Afternoon Time 2pm to 5pm: 120 questions are given subject wise i.e. 1.5 minutes for each question
• Allocate time to questions and make sure that you maintain the pace. Don’t get stuck on a particular question and since all questions have equal weight, so give equal importance to all questions
• Make sure that you mark the questions as soon as you do it. Don’t keep this till the last moment. There are few problems in keeping it till end. What if you mark 1 of the questions not in the right manner? It would change the sequence of filling for all questions. Also, during the last 10-15 minutes, you have the maximum efficiency. So if you waste that time in marking, it reduces the overall attempt percentage by at least 3-4%. In short, keep marking the answers as soon as you have done it. Don’t wait for marking till the end
• Submit your Test on Time, don’t get in an argument with the Invigilator (Proctor), he/she can report misbehavior to the CFA Institute and your Exam results can be delayed or cancelled
• Don’t get involved in cheating or copying from fellow students, There are more than 300 such cases every year, when the CFA institute either delay your result, or cancel your exam or debar you from writing the Exam in future
• In practical questions they might give lot of numerical values and information, wherein few are given just to confuse you and will not be used in solving the question
• Make sure that you go through the complete paper. Sometimes the easy questions are given towards the end
• Remember that sometimes the choice can be calculated using elimination. Try to see the choices and figure out the choices that would clearly not be the solution.
One point to note is that this is a relative examination. So if you are finding it difficult (and assuming you had prepared it to the best of your satisfaction), then rest assured everybody would be finding it difficult! So the key is now to best achieve whatever is possible. You have to do better than your peer.

Read last minute strategy for CFA Level 1 Paper. Click here.

In order to excel in the USMLE exam, students must Think Like a Doctor and apply clinical thinking to each exam question. Becker faculty Dr. Steven R. Daugherty understands the underlying logic of the USMLE exam and is devoted to ensuring students’ success on test day. Through his personal USMLE exam prep resource, USMLEThought.com, Dr. Daugherty collaborated with Dr. Phillip Tisdall, M.D. to provide a ten-step process guiding students through the clinical thinking process.
Collect the basics. Age, gender, time frame and other demographic information will help you to picture the patient and the setting in your mind’s eye.
What’s the chief complaint? Is there a standard or clear clinical problem with a known approach?
Engage the clinical “train of thought.” Imagine you and a senior physician are in the room with the patient. Read through the rest of the question stem as if the physician were talking to you about the patient.
Consider the full set of information which is presented. Dr. Daugherty suggests moving away from looking for a simple association or “hook” in the question to considering the full set of information that is presented.
Come to a conclusion about the disease in question. Before reading the question line, come to your own conclusion about the disease in question.
Now read the question line. At this point, the question line should seem like the logical conclusion of your clinical thought process. Given all that has been presented, what does the senior physician want you to know?
Decide on the answer.
Look at the answer choices. Only look at the answer choices after you’ve already decided on the answer.
If you cannot think of a good answer, exclude the ones that you know are incorrect and pick from what is left. Eliminating false answers first will allow you to spend more time focusing on the answers that are most reasonable.
Move on to the next clinical case.
Practicing these steps and mastering the clinical thinking process will eventually help you to anticipate what information the question gives you to solve the problem. As Dr. Daugherty states: “Learning to think like a clinician is the key to understanding what each question expects from you and how to find the ‘train of thought’ that leads you to the solution waiting at the end.”

The current world is tending to more and more digitalization. Calculators are replaced by computers,
switches are replaced by IoT devices, every other controlling device would be replaced by smartphones. And what do you think would replace the traditional marketing - "Digital Marketing"
Future is all about reaching the customer online. There won't be billboards.... there will be Facebook posts that reach everyone. Information won't be sent via flyers rather e-mails would do the work. And search engines would influence the human decisions. Online reviews dominate the mouth of the word. Asking Google would be comfortable than asking another person.
So, the marketer is ready to upgrade your skills. These are the skills that every marker should be equipped with -
1. Search Engine Optimization(SEO)
2. Content Marketing
3. Social Media Marketing(SMM)
4. PPC (or Google Ads)
5. Email Marketing
6. Affiliate Marketing
SEO is optimizing the website for users and search engines to maximize the visibility and ranking of a webpage that is present on WWW. Content marketing is marketing your digital presence via content on different platforms.
To know more about these Digital Marketing aspects please go through the following link -https://www.edupristine.com/blog/digital-marketing-course

As an account graduate the name - 'ACCA' might not be the first time you heard of it. So, let's talk more about it. I will try to give you some information regarding ACCA.

As ACCA full form states it's an association which conducts an exam which is widely accepted and acknowledged across the world.
To be an ACCA one has to give 2 sets of exams – one a fundamental level exam and the second one is a professional level exam.

The role of strategic academic guidance in the life of a student is arguably important. If you are an accountancy aspirant seeking to scale heights of professional success in this domain, ACCA recognition is a must.

What is ACCA’s Full Form?
ACCA’s full form stands for Association of Chartered Certified Accountants. It is a prestigious accountancy body whose membership is internationally recognized. With an ACCA accreditation under your belt, you can practice in domestic or international venues with equal professional dignity. The certification is an endorsement of your acquired accountancy skills which attests your command over diverse and complex advanced accountancy concepts. More than half a million ACCA certified professionals render their services in about 170 nations.

Advantages of ACCA Certification
The benefits of ACCA certification are innumerable.

You can suffix your name with ACCA designation. As a ‘Chartered Certified Accountant’, you can render your services for diverse financial or management domains and earn a handsome income.
Your prospects of landing lucrative career opportunities increase manifold times.
In a tenured job, your exhaustive skill set would earn you faster increments and promotions compared to MBA or similar degree holders.
You can also hatch your own independent consultancy firm. Since your knowledge would not be limited to finance and accountancy only, you can play an active role in designing organizational strategies.
This expedites your progression to a senior management role. The certification course is highly pragmatic in nature and addresses knowledge verticals from international accountancy and audit standards. ACCA certification is equivalent to a full-time university degree. You can balance work and study as you get to appear for exams twice annually.

Are you a financial expert by profession? Are you a graduate looking to start a career in finance? Have you ever heard of Financial Analyst? Here I will tell you more about financial analyst and how to become a successful financial analyst.

Answer these questions:

1) Analyst analyses financial data?

2) Generate financial reports?

3) Prepare the financial plan for the business?

If you think "no" is the answer to any of the above questions then you definitely need to know more about what a financial analyst does. Here is a snapshot of Financial analyst job profile -

1) sell-side function

2) buy-side function.

3) Investment dealings

4) merger or acquisition.

And what not any financial deal of a company requires a financial expert and here it can be a financial analyst.

Employment opportunities:

1) NBFCs

2) broking houses

3) mutual and pension funds – corporates

4) investment banking firms

5) and all other MNC which are hungry to aquire other firms

6) other big firms

Scope of Work

Majority of financial analysts deal with investments. They advise their employer or their clients as to where to deploy funds for maximum returns. The investment could be in stocks or in other instruments such as commodity markets, currency, or even real-estate. This is also called the buy-side function. On the other hand, an analyst in a sell-side function would evaluate stocks and securities and prepare research reports with a recommendation to buy, sell, or hold particular stocks or securities.

One of the positions that are considered very prestigious for a financial analyst is to work in an investment bank. Here, an analyst helps the bank in pricing its investment products. Analysts also work in merger and acquisition projects and play a major role by studying corporates’ fundamentals to determine the feasibility of the said merger or acquisition. For this, they may prepare financial models and also use forecasting tools. They also study venture capital opportunities for their bank’s clients and advice on the prospects of the business that is seeking venture capital. An analyst also prepares financial models to estimate future economic trends and financial parameters of business entities. They are also required to keep track of prevailing laws and regulatory framework for different types of industries.

If you are interested and want to become a financial anlyst go through the following link and know how to become a financial anlyst - https://www.edupristine.com/blog/what-financial-analyst-does

Text mining is an analytical field which derives high quality information from text. Text mining is widely used in the industry when data is unstructured. Derived information can be provided in the form of numbers (indices), categories or clusters, summary of text. In this blog, we will focus on applications of text mining, workflow and example.
Text Mining Applications
1. Analyze open ended survey comments- Analysis of open ended comments is most common in the current market. When a particular survey is conducted, there are options for the customers to provide feedback to the company using open ends rather than constraining their opinions into particular dimension of scaling. Sometimes, these open ends are more than 5000 words and hence, human mind can’t gather and extract information. The best possible solution is to use text mining algorithms.
2. Analyze customer insurance/warranty claims, feedback forms, etc.- In insurance domain, warranty claims information are usually open-ended. For example, when a motor claim is filed, insured specifies reason of accident in textual comments and you can imagine how difficult and erroneous it can be to process huge number of motor claim by a company in a month.
3. Analyze sentiment of users against a particular product/campaign/reviews using social media data- Every company are worried about their brand, customer satisfaction and customer preference. It takes just seconds for a customer to go on internet and spread bad words about a company. Social media analytics uses text mining to compute sentiment of customer. It’s easy to identify core topic discussed among customers every day on social media using text mining.
4. Automatic processing of emails/images/messages etc.- Text mining algorithms are used for automatic classification of texts. In outlook, a user categorizes the emails into various folders/spam. Similarly, on a larger scale using text mining algorithms key topics can be identified and the emails can be automatically forwarded to desired department
5. Identify competitors performance- In business intelligence sector, identifying competitors performance, capabilities, products offered, identifying their target business line can be automatically processed using combination of web crawling and text mining.
6. Automatic document search- In recent months, researchers have focused on text mining to identify reference documents for their research. For example-You are a researcher and would want to figure out summary of a chapter in a document. There are two ways to go through; one is read the entire chapter or use text mining algorithms.

Are you planning to appear for the CFA Program exam December 2018? If you are, you should take a note of all these dates that are extremely important. Add them to your Google calender,reminders,notes and wherever possible. I would suggest frame these dates on your wall. So to begin with, here is our calendar.
CFA – An Introduction
CFA is an abbreviation that stands for Chartered Financial Analyst designation which is an ace credential professional program offered globally by the American based CFA (Chartered Financial Analyst) institute to investment and financial professionals.
The top employers of CFA Charter holders include JP Morgan, UBS, Bank of America, Wells Fargo, and another global finance, investment, and banking firms.
The CFA program course of study is organized into three levels (Level I, Level II, and Level III) and each level requires passing a six-hour CFA exam by paying the CFA fees.
As a candidate or student, one must pay one-time program enrolment fees at the time of registering for the first Level 1 CFA Program exam. You need to pay the exam registration fees before the deadlines. The Program enrolment fee is USD 450.
CFA Program Fees (Mandatory)
There are 3 layers of fees you’ll need to pay for the exam:
One-time enrollment fee for first-timers (i.e. new CFA Level I candidate)
Registration fee for each level or retake
Curriculum fee for each level or retake
a) CFA Enrollment Fee
This is a one-time program enrollment fee of $450 when you apply for Level I exam. You don’t need to pay again for Level 2 and 3.
b) CFA Exam Fees for Registration
This CFA registration fee is the same for all three levels, but it varies depending on when you commit to the exam. You need to apply 9 months before the exam date to get the early bird discount.
As of now, the registration for the June 2018 is closed, but the registration for June 2019 exam will open in August 2018. For December 2018 CFA Exam (Level 1):
(i) the CFA FEES, the standard registration fee amounts to USD 950 (ends 15th August 2018)
(ii) late registration fees are USD 1,380 (ends 12th September, 2018.)
c) Curriculum Fee
The cost of ebooks is included in the exam fee. If you pick the print version, you’ll need to pay US$150 on top.

Most of the CFA® pursuers believe that CFA® Program tests are very difficult and arduous but that is not the case unless you make them difficult for yourself. CFA® level I syllabus is directed towards covering wide range of topics related to finance rather than going deep into specific topics. While CFA® aspirants can expect CFA® Level I exams in December, studying alone won’t help you to clear this exam. Planning your study schedule will prepare you to cope up with the extensive study syllabus.
What if someone could help you with how many study hours are required every week from start of study day till the date of your exam, which topics you need to focus on as per your preparations and how much time you need to give to individual topics? Won’t that make your work easy? Well, we have made two CFA® Study planners for all the students who are preparing to appear for CFA® level I and CFA® level II.
Here’s the second reason for failure in the CFA exam. Most of the candidates practice too little.
They study their CFA Curriculum but they fail to test themselves on what they’ve actually learned. What you need to do is to solve countless exam-type questions all way through your exam prep. Over and over again. To see where you’re standing.
It’s best if you develop the right habit from the very beginning. It would be perfect if you tested yourself on a daily basis, after each reading and each topic. If you do tests regularly, you’ll see your progress and you’ll know which areas still need some improvement and which are fine.
Moreover, by doing different exam-type tests, you get accustomed to the form of the CFA exam, which should definitely make you feel more comfortable when the exam day comes.
If what you know about the exam is that it’s a multiple choice test consisting of 120 questions of the morning session and 120 questions of the afternoon session, you will not feel that much comfortable for sure.
To get the fact resonate better:
Imagine that you are to play a basketball match and all you know about basketball is that you need to throw a ball into a basket but never in your life have you tried to score a point. Certainly, you’ll agree that to win that match, you’ll need a lot of luck.
Holiday & Revision
As you must have noticed, our study plan also includes:
1 week of holidays (right in the middle, after you do your Ethics, QM, PM, FRA, and CF, but you can choose otherwise!),
4 weeks of Final Revision preceding your exam (indispensable to be ready for the CFA test),
regular spaced revision sessions all throughout your exam prep (for topics, but also for each week of your study as available inside the Free Study Plan Application).
All this to help you prepare for your exam thoroughly.

The weekly break has 2 functions. On the one hand, it allows you to recharge batteries in the middle of your exam preparation. On the other hand, it motivates you to work hard on the first 5 topics. It’s like an award for those who follow the plan!
And as far as the hard work goes, all the revision sessions arranged inside the study plan give you plenty of space to practice and review what you’ve learned. It’s an important prerequisite to successful and productive learning.