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Quantitative Methods
 Video: Time Value of Money Part I 16m 42s
 Descriptive Statistics
 Differentiate between descriptive and Inferential Statistics
 Statistical Concepts
 Measurement Scales
 Parameter, sample statistic and frequency distribution
 Parameter, sample statistic and frequency distribution 1m 23s
 Statistical COncepts
 Relative frequencies and cumulative relative frequencies
 Relative frequencies and cumulative relative frequencies 7m 38s
 Frequency Distribution Table
 Calculate Relative and Cumulative Frequency
 Properties of a data set presented as a histogram or a frequency polygon
 Properties of a data set presented as a histogram or a frequency polygon 4m 18s
 Histogram
 Frequency Polygon
 Measures of central tendencies  …
 Measures of central tendencies  … 27m 46s
 Numerical Data Properties
 Measures of Central Tendency
 Other Definitions for Means
 Quartiles, quintiles, deciles and percentiles
 Quartiles, quintiles, deciles and percentiles 12m 38s
 Quartiles, quintiles, deciles and percentiles
 Range and Mean Absolute Deviation, Variance and Standard deviation of population and sample
 Range and Mean Absolute Deviation, Variance and Standard deviation of population and sample 9m 00s
 Measures of Dispersion
 Proportion of observations falling within a specified number of standard deviations from the mean using Chebyshevs Inequality
 Proportion of observations falling within a specified number of standard deviations from the mean using Chebyshevs Inequality 2m 57s
 Chebyshev’s Inequality
 Coefficient of Variation and Sharpe Ratio
 Coefficient of Variation and Sharpe Ratio 11m 29s
 Measures of Risk vs. Return
 Shortfall Risk & Safetyfirst Criteria
 Skewness & relative position of mean, median & mode
 Skewness & relative position of mean, median & mode 7m 41s
 Skewness
 Shape
 Measures of sample skewness and kurtosis
 Measures of sample skewness and kurtosis 6m 10s
 Kurtosis
 Use of arithmetic and geometric mean when analyzing investment returns
 Use of arithmetic and geometric mean when analyzing investment returns 2m 59s
 Use of AM and GM in analyzing returns
 Definition of random variable, outcome, event, mutually exclusive events and exhaustive events
 Definition of random variable, outcome, event, mutually exclusive events and exhaustive events 8m 45s
 Probability  Definitions
 Two defining properties of probability and distinguish among empirical, subjective and apriori probabilities
 Two defining properties of probability and distinguish among empirical, subjective and apriori probabilities 6m 38s
 Two defining properties of probability
 Subjective, empirical and apriori probability
 Properties of Probability
 Probability of an event interms of odds in favour or odds against
 Probability of an event interms of odds in favour or odds against 5m 58s
 Odds for and Against the event
 Conditional and unconditional probabilities
 Conditional and unconditional probabilities 6m 49s
 Unconditional probability
 Conditional Probability
 Multiplication, Addition and Total Probability rules
 Multiplication, Addition and Total Probability rules 12m 32s
 Multiplication rule
 Addition rule of probability
 Addition Rule
 Total probability Rule
 Joint Probability of two events, …
 Joint Probability of two events, … 4m 40s
 Forming Compound Events
 Joint Probability
 Dependent and independent events
 Dependent and independent events 0m 40s
 Dependent and independent events
 Calculation of unconditional probability using total probability rule
 Calculation of unconditional probability using total probability rule 2m 59s
 Total probability rule
 Use of conditional expectations in investment applications
 Use of conditional expectations in investment applications 3m 34s
 Conditional Expectation
 Conditional and Unconditional Probabilities
 Use of tree diagram to represent an investment problem
 Use of tree diagram to represent an investment problem 5m 07s
 Tree Diagram
 Tree diagram to represent investment problem
 Covariance and correlation
 Covariance and correlation 11m 41s
 Covariance and correlation
 Interpretation Covariance and Correlation
 Expected value, variance, standard deviation of a random variable and returns on a portfolio
 Expected value, variance, standard deviation of a random variable and returns on a portfolio 10m 00s
 Expected Value of a Random Variable
 Variance of a Random Variable
 Portfolio Variance Calculations
 Calculation of covariance given a joint probability function
 Calculation of covariance given a joint probability function 9m 48s
 Calculate and interpret covariance given a joint probability function
 Bayes Theorem
 Bayes Theorem 9m 08s
 Bayes Theorem
 Most appropriate method to solve a particular counting problem  Factorial, Permutation and Combination
 Most appropriate method to solve a particular counting problem  Factorial, Permutation and Combination 10m 50s
 Counting Principle
 Distinction between discrete and continuous random variables and their probability functions
 Distinction between discrete and continuous random variables and their probability functions 4m 20s
 Probability Distribution
 Continuous & Discrete Probability Distributions
 Set of possible outcomes of a discrete random variable
 Set of possible outcomes of a discrete random variable 4m 59s
 Probability Distribution  Example
 Cumulative distribution function
 Cumulative distribution function 3m 47s
 Cumulative distribution function
 Probabilitie sof a random variable, given its cumulative distribution function
 Probabilities of a random variable, given its cumulative distribution function 2m 44s
 Cumulative Distribution Function
 Uniform random variable, Bernoulli random variable and a binomial random variable
 Uniform random variable, Bernoulli random variable and a binomial random variable 10m 03s
 Discrete Probability Distributions
 Defining a hypothesis, …
 Defining a hypothesis, … 22m 30s
 Hypothesis
 Null Hypothesis and Alternate Hypothesis
 Hypothesis Testing
 OneTailed & TwoTailed Tests of Hypothesis
 Steps followed for Hypothesis Testing
 Launching a niche course for MBA students?
 Criterion for Decision Making
 Identifying the Critical Sample Mean Value – Sampling Distribution
 Computing the Criterion Value
 Uniform and binomial distribution functions
 Uniform and binomial distribution functions 10m 38s
 Calculate and interpret probabilities given discrete binomial distribution function
 Calculate and interpret probabilities given discrete uniform distribution function
 Test Statistic, Type I and Type II errors, a significance level, and how significance levels are used in hypothesis testing
 Test Statistic, Type I and Type II errors, a significance level, and how significance levels are used in hypothesis testing 9m 18s
 Test Statistic
 Errors in Estimation
 Decision rule, Power of a test, and the relation between confidence intervals and hypothesis tests
 Decision rule, Power of a test, and the relation between confidence intervals and hypothesis tests 2m 33s
 Decision Rule and Power of a Test
 Distinction between statistical result and economically meaningful result
 Distinction between statistical result and economically meaningful result 1m 04s
 Distinction between statistical result and economically meaningful result
 pvalue as it relates to hypotheis testing
 pvalue as it relates to hypotheis testing 5m 52s
 pvalue as it relates to hypotheis testing
 Identification of appropriate test statistic for hypothesis …
 Identification of appropriate test statistic for hypothesis … 8m 11s
 ttest
 Two Tailed Test
 Some variations in the ZTest
 Results of hypothesis test concerning the equality …
 Results of hypothesis test concerning the equality … 6m 43s
 Testing the equality of population means
 Appropriate test statistics and interpretation …
 Appropriate test statistics and interpretation … 3m 42s
 Paired Comparisons Test
 Appropriate test statistics and interpretation of results …
 Appropriate test statistics and interpretation of results … 6m 39s
 Hypothesis Tests for Variances
 Chisquare test
 The Chisquare Distribution
 Ftest
 Parametric and nonparametric tests
 Parametric and nonparametric tests 1m 19s
 Parametric and nonparametric tests
 Principles of technical analysis, its applications and underlying assumptions
 Principles of technical analysis, its applications and underlying assumptions 2m 22s
 Assumptions
 Efficient Market Hypothesis
 Technical Analysis v/s Fundamental Analysis
 Different types of technical analysis charts
 Different types of technical analysis charts 9m 17s
 Charts
 Line Chart
 Bar Chart
 Candlestick Chart
 Relative Strength Analysis
 Trendlines, support lines, resistance lines and change in polarity
 Trendlines, support lines, resistance lines and change in polarity 3m 18s
 Trends and Trendline
 Support Level and Resistance Level
 Change in Polarity
 Common chart patterns
 Common chart patterns 3m 58s
 Common chart patterns
 Common technical analysis indicators: price based, momentum oscillators, sentiment and flow of funds
 Common technical analysis indicators: price based, momentum oscillators, sentiment and flow of funds 13m 10s
 Price Based Indicators
 NonPrice Based Indicators
 Uses of cycles by technical analysts
 Uses of cycles by technical analysts 1m 24s
 Cycle Theory
 Elliot Wave Theory
 Elliot Wave Theory 2m 56s
 Elliot Wave Theory
 Intermarket Analysis
 Intermarket Analysis 1m 34s
 Intermarket Analysis
 Simple random sampling, sampling distribution & sampling error
 Simple random sampling, sampling distribution & sampling error 1m 47s
 Sampling
 Simple random sampling and stratified random sampling
 Simple random sampling and stratified random sampling 2m 21s
 Methods of Probability Sampling
 Distinction between time series and crosssectional data
 Distinction between time series and crosssectional data 1m 36s
 TimeSeries and CrossSectional Data
 Central Limit Theorem
 Central Limit Theorem 3m 57s
 Central Limit Theorem
 Standard error of sample mean
 Standard error of sample mean 1m 50s
 Standard error of sample mean
 Desirable properties of an estimator
 Desirable properties of an estimator 1m 10s
 Desirable properties of an estimator
 Point estimate and confidence interval estimate of a polpulation parameter
 Point estimate and confidence interval estimate of a polpulation parameter 4m 10s
 Point Estimate & Confidence Interval
 Level of Significance and Degree of Confidence
 Properties of Students Tdistribution
 Properties of Students Tdistribution 3m 44s
 Student’s t – distribution
 Confidence interval for population mean, …
 Confidence interval for population mean, … 4m 14s
 Calculate & interpret a confidence interval for a population mean, given a normal distribution
 Selection of appropriate sample size, data mining bias, survivorship bias, lookahead bias and time period bias
 Selection of appropriate sample size, data mining bias, survivorship bias, lookahead bias and time period bias 7m 09s
 Selection of Sample Size
 Sampling Related Issues
 Binomial Tree to describe stock price movement
 Binomial Tree to describe stock price movement 3m 43s
 Construct a binomial tree to describe the stock price movement
 Tracking Error
 Tracking Error 1m 44s
 Tracking Error
 Continuous uniform probability distribution function
 Continuous uniform probability distribution function 4m 16s
 Continuous uniform probability distribution function
 Key properties of the normal distribution
 Key properties of the normal distribution 7m 57s
 Normal Distribution
 Effect of Varying Parameters (µ & s)
 Confidence Intervals
 Univariate and multivariate distribution
 Univariate and multivariate distribution 2m 49s
 Univariate and multivariate distribution
 Role of correlation in the multivariate normal distribution
 Probability that a normally distributed random variable lies within a given interval
 Probability that a normally distributed random variable lies within a given interval 2m 14s
 Probability that a normally distributed random variable lies within a given interval
 Standard Normal Distribution
 Standard normal distribution and standardizing a normal distribution
 Standard normal distribution and standardizing a normal distribution 2m 32s
 Standard Normal Distribution
 Convert Normal into Standard normal
 Shortfall risk and safety first ratio
 Shortfall risk and safety first ratio 5m 23s
 Shortfall risk and safety first ratio
 Relationship between normal and log normal distributions
 Relationship between normal and log normal distributions 1m 57s
 Normal & Lognormal Distribution
 Discreetly and continuously compounded rate of return
 Discreetly and continuously compounded rate of return 4m 05s
 Discreetly and continuously compounded rate of return
 Monte Carlo simulation and its applications and limitations
 Monte Carlo simulation and its applications and limitations 1m 56s
 Monte Carlo Simulation
 Monte Carlo Simulationversus Historical Simulation
 Monte Carlo Simulationversus Historical Simulation 1m 23s
 Monte Carlo Vs Historical Simulations

Fixed Income Securities
 Bond Indenture, Affirmative and Negative Convenants
 Bond Indenture, Affirmative and Negative Convenants 7m 27s
 Bond's Indenture
 Bond Features, Coupon Structures, Floating Rate Securities
 Bond Features, Coupon Structures, Floating Rate Securities 20m 38s
 A Bond Contract
 Basic Structure of a Plain Vanilla Bond
 Coupon Structures
 Basic Features of a Bond
 Accrued Interest, Full Price and Dirty Price
 Accrued Interest, Full Price and Dirty Price 8m 16s
 Accrued Interest, Full Price and Dirty Price
 Definitions
 Redemption and Retirement of Bonds
 Redemption and Retirement of Bonds 13m 21s
 Redemption and Retirement of Bonds
 Embedded Options: Callable, Putable Bonds
 Embedded Options: Callable, Putable Bonds 10m 00s
 Embedded Options
 Institutional Investors: Margin Buying, Repurchase Agreements
 Institutional Investors: Margin Buying, Repurchase Agreements 5m 38s
 Methods for Financing by Institutional Investors
 Margin Buying
 Repurchase Agreements
 Risks Associated in Investing in Bonds
 Risks Associated in Investing in Bonds 14m 13s
 Risks Associated in Investing in Bonds
 Coupon Rate, Market Yield: Discount, Premium, Par
 Coupon Rate, Market Yield: Discount, Premium, Par 6m 35s
 Relationship between Coupon, Market Yield and Price
 Discount, Premiuim, At par
 Factors affecting Interest Rate Risk
 Factors affecting Interest Rate Risk 7m 21s
 How Maturity, Coupon, Options affect Interest Rate Risk
 Effect of Embedded Call and Put Options on Bond
 Effect of Embedded Call and Put Options on Bond 5m 07s
 Callable Bonds
 Floating Rate Bond Pricing
 Floating Rate Bond Pricing
 Floating Rate Bond
 Duration and Dollar Duration
 Duration and Dollar Duration
 Duration Formula
 Example
 Yield Curve risk, why Duration not suitable
 Yield Curve risk, why Duration not suitable
 Yield curve risk
 Changes in the Shape of Yield Curves
 Callable, Prepayable Securities  Disadvantage
 Callable, Prepayable Securities  Disadvantage
 Disadvantages of a Callable/Prepayable Bond
 Callable Bond Diagram
 Credit Risk, Credit Rating
 Credit Risk, Credit Rating 8m 23s
 Credit Risk
 Equivalent Credit Ratings
 Factors Affecting Reinvestment Risk of a Security
 Factors Affecting Reinvestment Risk of a Security 8m 47s
 Reinvestment Risk
 Factors Affecting Reinvestment Risk
 Liquidity Risk, Holding Securities til Maturity
 Liquidity Risk, Holding Securities til Maturity 4m 32s
 Types of Liquidity Risk
 Symptoms of Low Market Liquidity
 Problems while Holding Illiquid Security till Maturity
 Exchange Rate Risk
 Exchange Rate Risk 3m 59s
 Exchange Rate Risk
 Inflation Risk
 Inflation Risk 2m 35s
 Inflation Risk
 Yield Volatility
 Yield Volatility
 Yield Volatility
 Sovereign Risk, Event Risk
 Sovereign Risk, Event Risk 5m 39s
 Sovereign Risk
 Event Risk
 Government Sec: Features, Credit Risk, Auctions
 Government Sec: Features, Credit Risk, Auctions 7m 10s
 Characteristics of Government Securities
 US Treasury Securities: Ontherun, Offtherun
 US Treasury Securities: Ontherun, Offtherun 10m 36s
 Types of Government Securities
 Strips: Coupon and Principal Strips
 Strips: Coupon and Principal Strips 7m 13s
 Stripped Treasury Securities
 US Federal Ageny Securities
 US Federal Ageny Securities 3m 11s
 Types of U.S. Federal Agencies Securities
 Mortgage Backed Securities: Cash Flow, Prepayment
 Mortgage Backed Securities: Cash Flow, Prepayment 16m 12s
 Mortgagebacked securities
 Collateralized Mortgage Obligation
 Collateralized Mortgage Obligation 3m 38s
 Collateralized Mortgage Obligation
 Municipality Securities: Tax Backed, Revenue Bonds
 Municipality Securities: Tax Backed, Revenue Bonds 12m 47s
 Securities issued by Municipalities in US
 Corporate Debt
 Corporate Debt 23m 44s
 Securities issued by Corporations
 Asset Backed Sec, External Credit Enhancements
 Asset Backed Sec, External Credit Enhancements 6m 14s
 AssetBacked Security
 Collateralized Debt Obligations
 Collateralized Debt Obligations 3m 02s
 Collateralized Debt Obligations (CDO’s)
 Primary and Secondary Bond Markets
 Primary and Secondary Bond Markets 5m 52s
 Primary and Secondary Bond Markets
 Private Placement
 Interest Rate Policy Tools
 Interest Rate Policy Tools 6m 47s
 Interest Rate Policy Tools
 Types of Yield Curves
 Types of Yield Curves 3m 11s
 Yield Curve and its Shapes
 Basic Theories of Term Structure of Interest Rates
 Basic Theories of Term Structure of Interest Rates 7m 37s
 Basic Theories of Term Structure of Interest Rates
 Define a Spot Rate
 Define a Spot Rate 3m 10s
 Spot Rate
 Calculate and Compare Yield Spread Measures
 Calculate and Compare Yield Spread Measures 6m 29s
 Yield Spread Measures
 Credit Spread: Relation between Spread and Economy
 Credit Spread: Relation between Spread and Economy 5m 25s
 Credit Spread
 Describe How Embedded Options Affect Yield Spreads
 Describe How Embedded Options Affect Yield Spreads 3m 35s
 Embedded Options
 AfterTax Yield, TaxEquivalent Yield
 AfterTax Yield, TaxEquivalent Yield 4m 30s
 AfterTax Yield, TaxEquivalent Yield
 LIBOR
 LIBOR 2m 17s
 LIBOR
 Liquidity and IssueSize Affects the Yield Spread
 Liquidity and IssueSize Affects the Yield Spread 3m 23s
 Liquidity
 Bond Valuation Process
 Bond Valuation Process 2m 51s
 Bond Valuation Process
 Bonds Where Estimating Cash Flows Difficult
 Bonds Where Estimating Cash Flows Difficult 4m 03s
 The Bond Valuation Process
 Bonds where Estimating Cash Flow is Difficult
 Value of Coupon and Zero Coupon Bond
 Value of Coupon and Zero Coupon Bond 9m 40s
 Basic Structure Of A Plain Vanilla Bond
 Plain Vanilla Bond with a SemiAnnual Frequency
 Basic Structure of a Zero Coupon Bond
 Bond Price: Effect of Discount Rate, Maturity Date
 Bond Price: Effect of Discount Rate, Maturity Date 10m 20s
 Structure Of A Plain Vanilla Bond
 Values at Different Interest Rates
 Relationship Between Discount Rate and Price
 How Maturity Date affects Price
 Pull to Par
 Calculate: Change in Bond Price to Change in Discount Rate
 Calculate: Change in Bond Price to Change in Discount Rate 4m 30s
 Calculate: Change in Bond Price to Change in Discount Rate
 ArbitrageFree Valuation Approach, Arbitrage for Mispricing
 ArbitrageFree Valuation Approach, Arbitrage for Mispricing 6m 25s
 ArbitrageFree Valuation
 Arbitrage Profit from Security Mispricing
 Sources of Return from Investing in a Bond
 Sources of Return from Investing in a Bond 3m 49s
 Basic Structure of a Plain Vanilla Bond
 Returns from Investing in a Bond
 Traditional Yield Measures for FixedRate Bonds
 Traditional Yield Measures for FixedRate Bonds 15m 11s
 Current Yield
 YTM
 Relationship between Coupon, Market Yield and Price
 Relationship between Coupon, Current Yield and YTM
 Bond Equivalent Yield
 Cash Flow Yield
 Pros and Cons
 Yield Measures for Bonds with Options
 Reinvestment Assumption in YTM, Reinvestment Risk
 Reinvestment Assumption in YTM, Reinvestment Risk 8m 03s
 YTM
 Is YTM the Actual Return you get on your Investment?
 Concept of Realized Yield
 Factors Affecting Reinvestment Income
 Reinvestment Income needed to make the YTM the Realized Yield
 Factors Affecting Reinvestment Risk
 Bond Equivalent Yield, AnnualPay Yield
 Bond Equivalent Yield, AnnualPay Yield 4m 01s
 Relationship between YTM and BEY
 Bootstrapping: Finding Treasury Spot Rate Curve
 Bootstrapping: Finding Treasury Spot Rate Curve 8m 06s
 Computing theoretical Treasury Spot rate
 Bootstrapping
 Nominal, Zspread, OAS and Option Cost
 Nominal, Zspread, OAS and Option Cost 7m 18s
 Nominal spread, Zerovolatility spread, Optionadjusted spread
 Option cost in a bond
 Forward Rates: Calculation
 Forward Rates: Calculation 9m 33s
 Forward Rates: Calculation
 Full Valuation, Duration/Convexity Approaches
 Full Valuation, Duration/Convexity Approaches 5m 33s
 Bond Prices
 Pros and Cons of each Method
 Price Volatility, Convexity for Bonds with Options
 Price Volatility, Convexity for Bonds with Options 9m 24s
 Price Volatility and Convexity
 Effective Duration
 Effective Duration 5m 46s
 Effective Duration
 Price Change given Effective Duration and Yield Change
 Price Change given Effective Duration and Yield Change 2m 52s
 Percentage Change in Price using Duration
 Alternative Definitions of Duration
 Alternative Definitions of Duration 6m 56s
 Alternative Definitions of Duration
 Change In Bond Price With Change In Discount Rate
 Portfolio Duration and Limitations
 Portfolio Duration and Limitations 5m 45s
 Changes in the Shape of Yield Curves
 Duration of a Portfolio
 Price Change with Duration, Convexity, Yield Change
 Price Change with Duration, Convexity, Yield Change 4m 40s
 Convexity Measure of a Bond
 Modified Convexity and Effective Convexity
 Modified Convexity and Effective Convexity 5m 19s
 Modified Convexity and Effective Convexity
 Price Value of a Basis Point (PVBP)
 Price Value of a Basis Point (PVBP) 6m 36s
 Price Value of a Basis Point (PVBP)
 Yield Volatility
 Yield Volatility 4m 45s
 Yield Volatility

Ethical and Professional Standards
 Description of CFAI Professional Conduct Program
 Description of CFAI Professional Conduct Program 8m 54s
 Structure of CFAI Professional Conduct Program
 Process for enforcement of the Code and Standards
 Summary
 Basics of Code of Ethics and Professional Standards
 Basics of Code of Ethics and Professional Standards 9m 26s
 The Code Of Ethics
 Standards of Professional Conduct
 Summary
 Knowledge of Law  Independence and Objectivity
 Knowledge of Law  Independence and Objectivity 26m 11s
 Professionalism
 Knowledge of the Law
 Application of Standard I (A) Knowledge of the law
 Professionalism
 Independence and Objectivity
 Application of Standard I (B) Independence and Objectivity
 Professionalism
 Application of Standard I (C) Misrepresentation
 Professionalism
 Application of Standard I (D) Misconduct
 Summary
 Misrepresentation  Misconduct
 Misrepresentation  Misconduct
 Misrepresentation  Misconduct
 Integrity of Capital Markets
 Integrity of Capital Markets 13m 37s
 Integrity of Capital Markets
 Application of Standard II (A) Material Nonpublic Information
 Integrity of Capital Markets
 Summary
 Loyalty, Prudence, and CareFair DealingSuitability
 Loyalty, Prudence, and CareFair DealingSuitability 26m 09s
 Duties to Clients
 Loyalty, Prudence, and Care
 Application of Standard III (A) Loyalty, Prudence, and Care
 Duties to Clients
 Application of Standard III (B) Fair Dealing
 Duties to Clients
 Application of Standard III (C) Suitability
 Duties to Clients
 Application of Standard III (D) Performance Presentation
 Duties to Clients
 Application of Standard III (E) Preservation of Confidentiality
 Summary
 Performance Presentation Preservation of Confidentiality
 Performance Presentation Preservation of Confidentiality
 Performance Presentation Preservation of Confidentiality
 LoyaltyAdditional CompensationResponsibilities of Supervisor
 LoyaltyAdditional CompensationResponsibilities of Supervisor 15m 01s
 Duties to Employers
 Loyalty
 Application of Standard IV (A) Loyalty
 Application of Standard IV (B) Additional Compensation Arrangements
 Duties to Employers
 Summary
 DiligenceCommunicationRecord Retention
 DiligenceCommunicationRecord Retention 13m 36s
 DiligenceCommunicationRecord Retention
 Introduction to GIPS Standards
 Introduction to GIPS Standards 9m 31s
 Introduction to GIPS Standards
 Summary
 Construction and Purpose of Composites
 Construction and Purpose of Composites 8m 47s
 Composites
 Summary
 Requirements for Verification
 Requirements for Verification 5m 32s
 Verifications
 Summary
 Key Features of GIPS
 Key Features of GIPS 17m 36s
 GIPS® has several key characteristics
 GIPS®  Fundamentals of Compliance
 Summary
 Scope of GIPS standards
 Scope of GIPS standards 9m 14s
 Scope of GIPS standards
 Historical performance record
 Summary
 GIPS and Local Regulations
 GIPS and Local Regulations 4m 33s
 GIPS and Local Regulations
 Summary
 Investment Analysis, Recommendations, and Actions
 Investment Analysis, Recommendations,and Actions 13m 36s
 Investment Analysis, Recommendations,and Actions
 Diligence and Reasonable Basis
 Application of Standard V (A) Diligence and Reasonable Basis
 2. V Investment Analysis, Recommendations and Actions
 Communication with Clients and Prospective Clients
 Application of Standard V (B) Communication with Clients and Prospective Clients
 Investment Analysis, Recommendations and Actions
 Application of Standard V (C) Record Retention
 Summary
 Responsibilites as CFA Institute Member or CFA candidate
 Responsibilites as CFA Institute Member or CFA candidate 11m 08s
 Responsibility as CFA Institute Member
 Application of Standard VII (A) Conduct as Members and Candidates in the CFA Program
 Responsibility as CFA Institute Member
 Application of Standard VII (B) Reference to CFA Institute, the CFA Designation, and the CFA Program
 Summary

Economics
 Distinction among types of markets
 Distinction among types of markets 3m 23s
 Types of markets
 Principles of demand and supply
 Principles of demand and supply 12m 48s
 Demand function
 Supply function
 Demand/ Supply Curve
 Causes of shifts in and movements along demand and supply curves
 Causes of shifts in and movements along demand and supply curves 14m 12s
 Shifts in and movement along demand curves
 Movement along demand and supply curve
 Shift in demand and supply curve
 Stable and unstable equilibria and identify instnaces of such equilibria
 Stable and unstable equilibria and identify instnaces of such equilibria 9m 03s
 Stable and unstable equilibria
 Individual and aggregate inverse demand and supply functions and curves
 Individual and aggregate inverse demand and supply functions and curves 3m 51s
 Demand and supply functions
 Amount of excess demand and excess supply associated with a nonequilibrium price
 Amount of excess demand and excess supply associated with a nonequilibrium price 3m 47s
 Demand and supply functions
 Non equilibrium excess demand and supply
 Types of auctions and calculation of the winning price(s) of an auction
 Types of auctions and calculation of the winning price(s) of an auction 9m 23s
 Auctions
 Causes of demand and supply imbalance
 Causes of demand and supply imbalance 10m 40s
 Demand or Supply imbalance
 Effect of intervention on demand and supply
 Effect of intervention on demand and supply 27m 42s
 Price Ceiling
 Price Floor in Labor Market
 Incidence of Tax
 Tax on Producer
 Elasticity of Supply & Demand Influence the Incidence of a Tax
 Demand Elasticity and Incidence of Taxation
 Subsidies
 Production Quotas
 Consumer surplus, producer surplus and total surplus
 Consumer surplus, producer surplus and total surplus 20m 42s
 Consumer Surplus (CS)
 Price and Value
 Cost, Price & Producer Surplus (PS)
 CS, PS and Equilibrium
 Deadweight Loss (DWL)
 Price, income and crossprice elasticities of demand
 Price, income and crossprice elasticities of demand 16m 54s
 Elasticity
 Price Elasticity
 Total Revenue & Price Elasticity
 Consumer choice theory and utility theory
 Consumer choice theory and utility theory 4m 34s
 Consumer choice theory and utility theory
 Use of indifference curves, opportunity sets & budget constraints
 Use of indifference curves, opportunity sets & budget constraints 17m 29s
 Properties of Indifference curve
 Use of indifference curves, opportunity sets and budget constraints
 Consumer equilibrium bundle of goods based on utility analysis
 Consumer equilibrium bundle of goods based on utility analysis 6m 32s
 Consumer’s equilibrium
 Substitution and income effects
 Substitution and income effects 15m 14s
 Substitution and income effects
 Normal and inferior goods
 Normal and inferior goods 8m 40s
 Normal and inferior goods
 Giffen and Veblen goods
 Accounting profit, economic profit, normal profit and economic rent
 Accounting profit, economic profit, normal profit and economic rent 22m 28s
 Opportunity Cost (OC)& Economic Profit
 Economic Profit  example
 Economic rent vs. Opportunity cost
 Total, average and marginal revenue
 Total, average and marginal revenue 32m 36s
 Total, average and marginal revenue
 Firms factors of production
 Firms factors of production 6m 27s
 Firm’s factor of production
 Total, average, marginal fixed and variable costs
 Total, average, marginal fixed and variable costs 22m 06s
 Operating Costs
 Total Cost Curves
 Cost Calculation
 Cost Curve Relationships
 Relationship among cost curves
 Product Curves and Cost Curves
 Breakeven and shutdown points of production
 Breakeven and shutdown points of production 8m 54s
 Breakeven and shutdown points under perfect competition
 ShortRun Loss
 Perfect Competition
 Effect of economies of scale and diseconomies of scale on costs
 Effect of economies of scale and diseconomies of scale on costs 7m 22s
 Short Run and Long Run Cost Curves
 Economies of Scale
 Approaches for determining the profit maximizinglevel of output
 Approaches for determining the profit maximizinglevel of output 32m 56s
 Profit maximizing level of output under Perfect Competition
 Profit maximizing output
 Profit maximization under Imperfect Competition
 Short run and long run profit maximization
 Short run and long run profit maximization 10m 24s
 Short run and long run profit maximization
 Distinction between decreasingcost, constantcost and increasingcost industries
 Distinction between decreasingcost, constantcost and increasingcost industries 22m 04s
 Increasing cost
 Constant Cost
 Decreasingcost
 Long run supply curve
 Total, marginal and average product of labor
 Total, marginal and average product of labor 7m 39s
 Total, marginal and average product of labor
 Total product and Marginal Product
 Average Product and Marginal Product
 Diminishing marginal returns and profit maximizing utilization level of an input
 Diminishing marginal returns and profit maximizing utilization level of an input 12m 28s
 Diminishing marginal returns
 Profit maximizing utilization level of an input
 Optimal combination of resources that minimizes cost
 Optimal combination of resources that minimizes cost 7m 45s
 Optimal combination of resources that minimizes cost
 Characteristics of different market structures  Perfect Competition, Monopolistic Competition, Oligopoly and Monopoly
 Characteristics of different market structures  Perfect Competition, Monopolistic Competition, Oligopoly and Monopoly 5m 37s
 Characteristics of different market structures
 Perfect Competition
 Perfect Competition 28m 05s
 Characteristics of Perfect Competition
 ProfitMaximizing Output For A PriceTaker
 Economic Profit
 Equilibrium in a Perfectly Competitive Market
 Shortrun loss in Perfect competition
 ShortRun Supply Curves
 Figure: ShortRun Adjustment to an Increase in Demand
 Effects of a Permanent Increase in Demand
 Oligopoly
 Oligopoly 19m 22s
 Characteristics of Oligopoly
 Kinked Demand Curve Model
 Oligopoly Games
 Cost and Demand for 2Firm Industry
 Collusive agreement
 Dominant Firm Oligopoly Model (Bertrand Competition)`
 Dominant Firm Oligopoly Model
 Monopolistic Competition
 Monopolistic Competition 19m 22s
 Characteristics of Monopolistic competition
 ShortRun Output and longrun output
 Firm Output Under Monopolistic and Perfect Competition
 Efficiency, Product Innovation & Advertising in Monopolistic Competition
 Monopoly
 Monopoly 19m 47s
 Monopoly
 Monopoly ShortRun Costs and Revenues
 Price Discrimination
 Effect of Price Discrimination
 Perfect Competition vs. Monopoly
 Natural Monopoly
 Average & Marginal Cost Pricing
 Firms supply function under each market structure
 Firms supply function under each market structure 11m 57s
 Firm’s supply function
 Use and limitations of concentration measures in identifying market structure
 Use and limitations of concentration measures in identifying market structure 7m 46s
 Firm concentration ratio & Market Types
 Type of market structure within which a firm is operating
 Type of market structure within which a firm is operating 5m 18s
 Market Types
 Calculating GDP using expenditure and and income approaches
 Calculating GDP using expenditure and and income approaches 8m 05s
 GDP using income and expenditure methods
 Sumofvalueadded and valueoffinaloutput methods of calculating GDP
 Sumofvalueadded and valueoffinaloutput methods of calculating GDP 3m 15s
 Compare the sum of value added and value of final output method for GDP calculation
 Nominal and real GDP and GDP deflator
 Nominal and real GDP and GDP deflator 3m 52s
 Nominal and real GDP and GDP deflator
 GDP, national income and personal disposable income
 GDP, national income and personal disposable income 6m 00s
 GDP, National Income, Personal income and Personal disposable income
 Fundamental relationship among saving, investment, the fiscal balance and the trade balance
 Fundamental relationship among saving, investment, the fiscal balance and the trade balance 31m 19s
 Relationship among the Saving, Investment, Fiscal balance, and Trade balance
 Aggregate supply curvein the short run and the long run
 Aggregate supply curvein the short run and the long run 1m 50s
 Why LAS is vertical line while SAS is upward sloping
 SAS curve is upward sloping
 Shifts in & movements along aggregate demnd and supply curves
 Shifts in & movements along aggregate demnd and supply curves 22m 16s
 Shift in Aggregate Demand curve
 Shift in the LAS and SAS curve
 How LAS and SAS curve shifts
 Describe how fluctuations in aggregate …
 Describe how fluctuations in aggregate … 14m 49s
 Longrun Equilibrium
 Adjustment to an Increase in Aggregate Demand (AD)
 Describe the sources, measurement and sustainability of economic growth
 Describe the sources, measurement and sustainability of economic growth 6m 53s
 Sources, measurement and sustainability of economic growth
 Describe production function approach to analyzing the sources of economic growth
 Describe production function approach to analyzing the sources of economic growth 5m 33s
 Production function approach to analyze the sources of economic growth
 Sustainability of Economic Growth
 Distinction between input growth and the growth of total factor productivity as components of economic growth
 Distinction between input growth and the growth of total factor productivity as components of economic growth 7m 16s
 Input Growth and Total factor productivity as component of Economic Growth
 Real business cycle theory
 Long run supply curve
 Business Cycle and its phases
 Business Cycle and its phases 4m 49s
 The business cycle and its phases
 Business cycles
 Inventory levels and labor and physical capitak utilization levels as an economy moves through the business cycle
 Inventory levels and labor and physical capitak utilization levels as an economy moves through the business cycle 6m 30s
 Impact of the business cycle on the inventory level, labor physical capital utilization level
 Theories of business cycle
 Theories of business cycle 9m 05s
 Views of Different schools of macroeconomics on macroeconomic equilibrium
 Types of unemployment and describe measures of unemployment
 Types of unemployment and describe measures of unemployment 6m 42s
 Types and measurement of unemployment
 Definition of unemployed and Labor market indicator
 Phillips Curve
 Inflation, Disinflation and deflation
 Inflation, Disinflation and deflation 6m 51s
 Inflation
 Disinflation and deflation
 Construction of indices used to measure inflation
 Construction of indices used to measure inflation 3m 44s
 Construction of indices used to measure inflation
 Compare inflation measures, including their uses and limitations
 Compare inflation measures, including their uses and limitations 3m 58s
 Compare inflation measures, including their uses and limitations
 Factors that affect price levels
 Factors that affect price levels 6m 31s
 Factors that affect price levels
 Demandpull inflation
 Cost  Push Inflation
 Costs of anticipated inflation
 Economic indicators
 Economic indicators 3m 50s
 Economic indicators, their uses and limitations
 Past, current or future business cycle phase of an economy based on economic indicators
 Past, current or future business cycle phase of an economy based on economic indicators 5m 37s
 Identify the past, current, or future business cycle phase of an economy based on economic indicator
 Monetary and Fiscal Policy
 Monetary and Fiscal Policy 2h 13m
 Compare monetary and Fiscal Policy
 Definition, qualities and functions of money and the money creation process
 Definition, qualities and functions of money and the money creation process 2h 40m
 Definition and Functions of Money
 Measures of Money
 Quantity theory of money
 Creation process of Money
 Theories of the demand for and the supply of money
 Theories of the demand for and the supply of money 1h 16m
 Why should we hold money?
 Factors affecting Demand for money
 Money Demand and Supply Curve
 Increase in Money supply
 Fischer effect
 Fischer effect 4m 27s
 Fischer effect
 Roles and objectives of central bank
 Roles and objectives of central bank 8m 21s
 Roles of Central Banks
 Goal of Central Bank
 How Central Banks influence interest rates
 Implementation of monetary policy
 Implementation of monetary policy 9m 51s
 Goals of Central Banks
 Monetary Policy Tools of the Central Bank
 Qualities of effective central banks
 Qualities of effective central banks 5m 45s
 Qualities of effective central banks
 Relationship between monetary policy and economic growth, inflation, interest rate and exchange rate
 Relationship between monetary policy and economic growth, inflation, interest rate and exchange rate 8m 34s
 How goals are operationalized
 Federal Funds Rate (FFR)
 Chain of events to achieve goals by changing FFR
 Effect of changes in FFR
 Determining whether the monetary policy is expansionary and contractionary
 Determining whether the monetary policy is expansionary and contractionary 8m 34s
 Determining whether the monetary policy is expansionary and contractionary
 Limitations of monetary policy
 Limitations of monetary policy 12m 20s
 Chain of events to achieve goals by changing FFR
 Limitations of Monetary policy
 Roles and objectives of fiscal policy
 Roles and objectives of fiscal policy 10m 50s
 Fiscal Policy
 Fiscal Policy to stabilize economy
 Objectives of Fiscal Policy
 Tools of fiscal policy including their advantages and disadvantages
 Tools of fiscal policy including their advantages and disadvantages 10m 50s
 Fiscal Tools
 Advantages and Disadvantages of Fiscal Policy
 Fiscal multiplier
 Balanced Budget Multiplier
 ExampleBalanced Budget Multiplier
 Arguments for and against being concerned with the size of a fiscal deficit
 Arguments for and against being concerned with the size of a fiscal deficit 7m 36s
 Debt Ratio
 Arguments for being concerned with the size of a fiscal deficit
 Implementation of fiscal policy and the challenges
 Implementation of fiscal policy and the challenges 8m 14s
 Discretionary Fiscal Policy
 Difficulties of implementation
 Determining whether the fiscal policy is expansionary and contractionary
 Determining whether the fiscal policy is expansionary and contractionary 4m 29s
 Whether a fiscal policy is expansionary or Contractionary
 Interaction of fiscal and monetary policy
 Interaction of fiscal and monetary policy 6m 54s
 Interaction of fiscal and monetary policy
 Benefits and costs of international trade
 Benefits and costs of international trade 9m 20s
 Introduction
 International Trade: Introduction
 Benefit of international trade
 Costs of International Trade
 Comparative advantage and absolute advantage
 Comparative advantage and absolute advantage 10m 28s
 Basics
 Example
 Gains from Trade
 Ricardian and HeckscherOhlin models of trade and the source(s) of comparative advantage in each model
 Ricardian and HeckscherOhlin models of trade and the source(s) of comparative advantage in each model 6m 26s
 Ricardian Model of Trade
 Heckscher and Ohlin Model
 Types of trade and capital restrictions and their economic implications
 Types of trade and capital restrictions and their economic implications 12m 40s
 Trade Restriction
 Reasons of Restrictions
 Types of Trade Restriction
 Tariff and Quota
 Economic Implications of trade restriction
 Capital Restrictions
 Motivations for and disadvantages of trading blocs, common markets and economic unions
 Motivations for and disadvantages of trading blocs, common markets and economic unions 6m 15s
 Effects of Trade Restrictions
 Closed Economy
 Free Trade Areas
 Customs Union
 Common Market
 Economic Union
 Monetary Union
 Balance of payments accounts
 Balance of payments accounts 7m 09s
 Balance of Payment account
 How decisions by consumers, firms and governments influence the balance of payments
 How decisions by consumers, firms and governments influence the balance of payments 9m 22s
 How decisions by consumers, firms and governments influence the balance of payments
 Functions and objectives of the international organizations that facilitate trade, such as World Bank, IMF and WTO
 Functions and objectives of the international organizations that facilitate trade, such as World Bank, IMF and WTO 4m 54s
 International Monetary Fund
 World Bank
 World Trade Organization
 Exchange Rate  Spot and forward exchange rate and nominal and real exchange rate
 Exchange Rate  Spot and forward exchange rate and nominal and real exchange rate 13m 07s
 Exchange rates
 Real exchange rate
 Foreign Exchange Market (Imp. points)
 Spot and forward markets for foreign exchange
 Spot and forward transactions
 Function of the the foreign exchage market and its participants
 Function of the the foreign exchage market and its participants 5m 15s
 Functions of foreign exchange market
 Participants in the foreign exchange market
 Direct and indirect foreign exchange quotation
 Direct and indirect foreign exchange quotation 4m 18s
 Direct Quote
 Indirect Quote
 Convert indirect quote to Direct quote
 Percentage change in a currency relative to another currency
 Percentage change in a currency relative to another currency 5m 44s
 Calculate and interpret the percentage change in the currency relative to another currency
 Currency crossrates
 Currency crossrates 2m 48s
 Currency crossrates
 Conversion of forward quotations expressed on a points basis or in percentage terms into an outright forward quotation
 Conversion of forward quotations expressed on a points basis or in percentage terms into an outright forward quotation 5m 39s
 Conversion of forward quotations expressed on a points basis or in percentage terms into an outright forward quotation
 Forward discount on premium
 Forward discount on premium 6m 59s
 Forward discount and premium
 Forward rate consistent with the spot rate and the interest rate in each currency
 Forward rate consistent with the spot rate and the interest rate in each currency 13m 36s
 Triangular arbitrage opportunity
 Interest rate parity
 Exchange rate regimes
 Exchange rate regimes 8m 55s
 Exchange rate regimes
 Exchange rate policies
 Exchange rate regimes
 Impact of exchange rates on countries international trade and capital flows
 Impact of exchange rates on countries international trade and capital flows 9m 35s
 Equilibrium Equation of Trade balance, Savings and Investments
 Elasticity Approach
 J curve
 Absorption Approach
 IS and LM curves and how they combine to generate the aggreagte demand curve
 IS and LM curves and how they combine to generate the aggreagte demand curve 9m 35s
 IS and LM curves and how they combine to generate the aggreagte demand curve

Financial Reporting and Analysis
 Role of financial reporting and financial statement analysis
 Role of financial reporting and financial statement analysis 5m 55s
 Role of financial reporting and financial statement analysis
 Roles of the key financial statements
 Roles of the key financial statements 7m 46s
 Role of key Financial Statements in evaluating a company's performance and financial position
 Importance of financial statement notes and supplementary information
 Importance of financial statement notes and supplementary information 11m 07s
 Financial Statement Notes & Supplementary schedules
 Management's Discussion and Analysis (MD&A)
 Objectives of auditing the financial statements, types of audit reports and importance of effective internal controls
 Objectives of auditing the financial statements, types of audit reports and importance of effective internal controls 12m 07s
 Audits of Financial Statements
 Standard Auditor’s Opinion
 Auditor’s Report – Types
 Auditor’s Report – Explanatory paragraph
 Internal controls
 Information sources that analysts use in financial statement analysis
 Information sources that analysts use in financial statement analysis 5m 00s
 Other sources of information used by analysts
 Steps in financial statement analysis framework
 Steps in financial statement analysis framework 5m 21s
 Steps in financial statement analysis framework
 Relationship of financial statement elements and accounts and classification of accounts into financial statement elements
 Relationship of financial statement elements and accounts and classification of accounts into financial statement elements 17m 38s
 Accounts & Financials Statement Elements
 Assets
 Liabilities
 Owners' equity
 Revenue
 Expenses
 Accounting equation in its basic and expanded forms
 Accounting equation in its basic and expanded forms 9m 33s
 Basic and expanded forms of accounting equation
 Process of recording business transactions using an accounting system based on the accounting equation
 Process of recording business transactions using an accounting system based on the accounting equation 14m 11s
 Double entry accounting
 Need for accruals and other adjustments in preparing financial statements
 Need for accruals and other adjustments in preparing financial statements 13m 21s
 Accruals and other adjustments
 Relationships among the income statement, balance sheet, statement of cash flows and statement of owners equity
 Relationships among the income statement, balance sheet, statement of cash flows and statement of owners equity 5m 11s
 Important Relationships among financial statements
 Flow of information in an accounting system
 Flow of information in an accounting system 3m 10s
 Flow of information in an accounting system
 Use of results of the accounting process in security analysis
 Use of results of the accounting process in security analysis 2m 56s
 Accounting process and security analysis
 Objective of financial statements and the importance of financial reporting standards in security analysis and valuation
 Objective of financial statements and the importance of financial reporting standards in security analysis and valuation 5m 04s
 Reporting standards
 Role and desirable attributes of financial reporting …
 Role and desirable attributes of financial reporting … 10m 26s
 Standard  setting bodies & Regulatory authorities
 SEC Filings
 Status of global convergence of accounting standards …
 Status of global convergence of accounting standards … 4m 07s
 Barriers to develop a universal accounting standard
 IASBs conceptual framework
 IASBs conceptual framework 12m 18s
 IFRS – Financial Statement’s Objectives
 IFRS Description – Financial Statement’s Elements
 IFRS  Recognition and measurement of bases
 IFRS – Financial Statement’s Constraints and assumptions
 General requirements for financial statements under IFRS
 General requirements for financial statements under IFRS 4m 20s
 General requirements for financial statements
 Key concepts of financial reporting framework and the barriers to creating such a framework
 Key concepts of financial reporting framework and the barriers to creating such a framework 3m 14s
 Comparison of FASB and IASB framework
 Characteristics of a coherent financial reporting framework and the barriers to creating such a framework
 Characteristics of a coherent financial reporting framework and the barriers to creating such a framework 5m 05s
 Coherent Financial Reporting & Barriers to it
 Financial analysis of different financial reporting systems …
 Financial analysis of different financial reporting systems … 2m 16s
 Importance of monitoring developments
 Analyze company disclosures of significant accounting policies
 Analyze company disclosures of significant accounting policies 2m 02s
 Significant accounting policies
 Components of the income statement and alternative presentation formats of that statement
 Components of the income statement and alternative presentation formats of that statement 12m 14s
 Understanding The Income Statement
 General principles of revenue recognition and accrual accounting
 General principles of revenue recognition and accrual accounting 33m 53s
 Revenue Recognition: IASB/FASB definition of the term “income”
 SEC guidelines for revenue recognition
 Revenue  Recognition methods
 Installment Sales
 IFRS guidelines on revenue recognition
 Barter transactions
 Gross or net revenue
 Calculation of revenue, given information that might influence the choice of revenue recognition method
 Calculation of revenue, given information that might influence the choice of revenue recognition method 4m 02s
 Revenue Calculation
 General principles of expense recognition Part  III
 General principles of expense recognition Part  III
 General principles of expense recognition Part  III
 General principles of expense recognition. PartI
 General principles of expense recognition. PartI 28m 35s
 Expenses Recognization: IASB definition of expense
 Matching concept: Accrual accounting, Period Costs and Depreciation
 Matching concept: Warranty expense, Provision for bad debt
 Implications for Financial Analysis  Expense
 Depreciation Methods
 Inventory
 Comparison of Inventory methods
 Intangible assets
 Financial reporting treatment and analysis of nonrecurring items
 Financial reporting treatment and analysis of nonrecurring items 14m 06s
 Unusual or infrequent items
 Extraordinary items
 Discontinued operations
 Changes in Accounting Standards
 Prior Period Adjustments
 Operating and nonoperating components of income statement
 Operating and nonoperating components of income statement 4m 31s
 Operating and nonoperating income
 Calculation of a companys earning per share
 Calculation of a companys earning per share 14m 30s
 Earnings per share (EPS)
 Basic EPS
 Effect of Stock Dividends and Stock Split
 Distinction between dilutive and antidilutive securities …
 Distinction between dilutive and antidilutive securities … 15m 50s
 Diluted EPS
 Diluted EPS – Adjustments for convertible securities
 Diluted EPS – Adjustments for stock options
 To sum up  Diluted EPS equation is
 Conversion of income statements to common size income statements
 Conversion of income statements to common size income statements 3m 15s
 Common size statements
 Evaluate a companys financial performance using common size income statements
 Evaluate a companys financial performance using common size income statements 4m 59s
 Evaluating a company’s financial performance
 Comprehensive income
 Comprehensive income 1m 54s
 Comprehensive
 Other comprehensive income
 Other comprehensive income 7m 53s
 Other comprehensive income
 Elements of balance sheet: assets, liabilities and equity
 Elements of balance sheet: assets, liabilities and equity 8m 06s
 Balance Sheet
 Balance Sheet – Assets
 Balance Sheet – Liabilities
 Balance Sheet – Liabilities & Equity Accounts
 Uses and limitations of balance sheets in financial analysis
 Uses and limitations of balance sheets in financial analysis 2m 27s
 Balance sheet  Limitations
 Alternative formats of balance sheet presentations
 Alternative formats of balance sheet presentations 2m 37s
 Balance sheet presentation formats
 Current and noncurrent assets, Current and noncurrent liabilities
 Current and noncurrent assets, Current and noncurrent liabilities 7m 03s
 Current and non current assets and liabilities
 Different types of assets and liabilities and the measurement bases of each
 Different types of assets and liabilities and the measurement bases of each 18m 16s
 Measurement of assets and liablitlies
 Inventory
 Prepaid Expenses and Tangible Assets
 Intangible assets
 Under GAAP accounting
 Offbalancesheet disclosures
 Treatments for marketable and nonmarketable financial instruments
 Components of shareholders equity
 Components of shareholders equity 4m 38s
 Shareholders Equity
 Analysis of balance sheets and statements of changes in equity
 Analysis of balance sheets and statements of changes in equity 2m 29s
 Statements of Changes in Equity
 Sample Statement of changes in Stockholders’ Equity
 Conversion of balance sheet to common size balance sheets and their interpretation
 Conversion of balance sheet to common size balance sheets and their interpretation 5m 21s
 Commonsize Balance Sheets
 Vertical Common Size Balance Sheet
 Horizontal Common/ Cross Sectional Size Balance Sheet
 Liquidity and solvency ratios
 Liquidity and solvency ratios 6m 34s
 Liquidity Ratios
 Solvency Ratios
 Cash flow from oprating, investing and financing activities
 Cash flow from operating, investing and financing activities 10m 16s
 Cash flow
 U.S. GAAP Cash Flow Classifications
 How noncash investing and financing activities are reported
 How noncash investing and financing activities are reported 1m 48s
 Non cash activities
 Cash flow statements prepared under IFRS and under US GAAP
 Cash flow statements prepared under IFRS and under US GAAP 6m 31s
 Key differences in cash flow statements prepared under GAAP and IFRS
 Direct and indirect methods of presenting cash from operating activities
 Direct and indirect methods of presenting cash from operating activities 14m 26s
 Direct and Indirect method for cashflow
 Direct Method
 Cashflow – Indirect method
 Direct and Indirect method
 How the cash flow statement is linked to the income statement and the balance sheet
 How the cash flow statement is linked to the income statement and the balance sheet 3m 28s
 Cash flow link to income statement and balance sheet
 Steps in preparation of direct and indirect methods of presenting cash flow statements
 Steps in preparation of direct and indirect methods of presenting cash flow statements 8m 32s
 Converting cash flows from the indirect to the direct method
 Convert cash flows from the indirect to direct method
 Convert cash flows from the indirect to direct method 6m 07s
 Converting cash flows from the indirect to the direct method
 Reported and common size cash flow statements
 Reported and common size cash flow statements 3m 52s
 Cash Flow analysis
 Common Size Cash Flow
 Free cash flow to the firm, free cash flow to the equity and performance and coverage cash flow ratios
 Free cash flow to the firm, free cash flow to the equity and performance and coverage cash flow ratios 6m 29s
 Free Cash Flow
 Cash flow ratios
 Tools and techniques used in financial analysis
 Tools and techniques used in financial analysis 9m 48s
 Tools and Techniques in Financial Analysis
 Activity, liquidity, solvency, profitability and valuation ratios
 Activity, liquidity, solvency, profitability and valuation ratios 34m 18s
 Ratios
 Activity/Asset Utilization/Operating Efficiency Ratios
 Interpretation of Activity Ratios
 Liquidity Ratios
 Definitions of Commonly Used Liquidity Ratios
 Interpretation of Liquidity Ratios
 Solvency Ratios
 Interpretations of Solvency Ratios
 Profitability Ratios
 Interpretations of Profitability Ratios
 Relationships among ratios and evaluate a company using ratio analysis
 Relationships among ratios and evaluate a company using ratio analysis 5m 33s
 P&L
 Balance Sheet
 Cash Flow Statement  2009
 Ratios
 Application of DuPont analysis of return on equity
 Application of DuPont analysis of return on equity 11m 17s
 Du Pont Analysis of Return on Equity
 DuPont Analysis
 Ratios used in equity analysis, credit analysis and segment analysis
 Ratios used in equity analysis, credit analysis and segment analysis 13m 28s
 Equity Analysis
 Ratios used in Equity Analysis
 Credit Analysis
 Segment Analysis
 How ratio analysis and other techniques can be used to model and forecast earnings
 How ratio analysis and other techniques can be used to model and forecast earnings 4m 29s
 Model Building and Forecasting
 Costs included in inventories and costs recognized as expenses in the period in which they are incurred
 Costs included in inventories and costs recognized as expenses in the period in which they are incurred 5m 45s
 Costs included in Inventories vs Costs recognized as Expenses
 Determining inventory costs
 Different inventory valuation methods
 Different inventory valuation methods 7m 02s
 COGS and Inventory valuation
 Effects of choice of different inventory methods
 Sales cost, inventory & profit calculations using different inventory valuation methods
 Sales cost, inventory & profit calculations using different inventory valuation methods 23m 38s
 COGS and Inventory valuation: Inventory Methods
 Comparison of cost of sales, gross profit and ending inventory using perpetual and periodic inventory systems
 Comparison of cost of sales, gross profit and ending inventory using perpetual and periodic inventory systems 5m 11s
 Perpetual and Periodic Inventory Systems
 Measurement of inventory at the lower of cost and net realisable value
 Measurement of inventory at the lower of cost and net realisable value 1m 25s
 Reporting of Inventories in Financial Statements
 Inventory Reporting – Difference between US / IFRS
 Ratios used to evaluate inventory management
 Ratios used to evaluate inventory management 7m 47s
 Inventory Ratios
 LIFO Liquidation
 Distinction between costs that are capitalized and the costs that are expensed in the period in which they are incurred
 Distinction between costs that are capitalized and the costs that are expensed in the period in which they are incurred 14m 17s
 Capitalization and Expenses
 Capitalization of Interest
 Capitalising versus Expensing
 Financial reporting of various types of intangible assets
 Financial reporting of various types of intangible assets 7m 06s
 Intangible Asset
 Financial Reporting of Intangible Assets
 Software development and R&D costs
 Different depreciation methods for property, plant and equipment and the effect of each on the financial statements
 Different depreciation methods for property, plant and equipment and the effect of each on the financial statements 11m 00s
 Depreciation Methods
 Accelerated depreciation methods
 Financial Analysis
 Calculation of depreciation expense
 Calculation of depreciation expense 9m 21s
 Depreciation Expense Example
 Depreciation Expense Answer
 Different amortization methods for intangible assets …
 Different amortization methods for intangible assets … 5m 40s
 Amortization of Intangible Assets
 Calculation of amortization expense
 Calculation of amortization expense 1m 25s
 Calculation of amortization expense
 Revaluation model
 Revaluation model 4m 35s
 The Revaluation Model
 Asset revaluations
 Impairment of property, plant and equipment and intangible assets
 Impairment of property, plant and equipment and intangible assets 7m 39s
 Impairment of property, plant and equipment and intangible assets
 Derecognition of property, plant and equipment and intangible assets
 Derecognition of property, plant and equipment and intangible assets 7m 39s
 Derecognition
 Financial statement presentation and disclosures relating to property, plant and equipment and intangible assets
 Financial statement presentation and disclosures relating to property, plant and equipment and intangible assets 6m 43s
 Fixed Assets disclosures
 Financial Statement Presentation and Disclosure (PP&E)
 Financial Statement Presentation and Disclosure (intangibles)
 Financial Statement Presentation and Disclosure (impairment losses)
 Comparison of the financial reporting of investment property with that of property, plant and equipment
 Comparison of the financial reporting of investment property with that of property, plant and equipment 1m 19s
 Comparison of the financial reporting of investment property with that of property, plant and equipment
 Differences between accounting profit and …
 Differences between accounting profit and … 6m 39s
 Deferred Tax terminologies
 How deffered tax liabilities and assets are created
 How deffered tax liabilities and assets are created 6m 29s
 How deffered tax liabilities and assets are created
 Tax base of a companys assets and liabilities
 Tax base of a companys assets and liabilities 10m 52s
 Tax base of a companys assets and liabilities
 Calculation of income tax expense, income taxes payable, …
 Calculation of income tax expense, income taxes payable, … 10m 29s
 Calculate Income tax Expense, DTA and DTL
 Impact of tax rate changes on a companys financial statements and ratios
 Impact of tax rate changes on a companys financial statements and ratios 3m 06s
 Impact of a tax rate change
 Temporary and permanent differences in pretax accounting income and taxable income
 Temporary and permanent differences in pretax accounting income and taxable income 3m 56s
 Temporary and permanent differences in pretax accounting income and taxable income
 Valuation allowance for deffered tax assetswhen it is required and what impact it has on financial statements
 Valuation allowance for deffered tax assetswhen it is required and what impact it has on financial statements 6m 21s
 Implications of Valuation Allowance
 A companys deffered tax items
 A companys deffered tax items 2m 36s
 Deffered Tax items
 Disclosures relating to deferred tax items and the effective tax rate reconciliation
 Disclosures relating to deferred tax items and the effective tax rate reconciliation 4m 08s
 Disclosures
 Key provisions of and differences between income tax accounting under IFRS and US GAAP
 Key provisions of and differences between income tax accounting under IFRS and US GAAP 4m 01s
 Differences between IFRS and US GAAP
 Initial & subsequent measurement of bonds and effective interest method
 Initial & subsequent measurement of bonds and effective interest method 19m 35s
 Bonds
 Debt Issuance and Amortizations
 Derecognition of debt
 Derecognition of debt 2m 39s
 Derecognition of debt
 Role of debt covenants in protecting creditors
 Role of debt covenants in protecting creditors 3m 34s
 Role of debt covenants in protecting creditors
 Financial statement presentation of and disclosures relating to debt
 Financial statement presentation of and disclosures relating to debt 5m 52s
 Financial Statement Presentation and Disclosures of Debt
 Debt with equity features
 Motivations of leasing assets instead of purchasing them
 Motivations of leasing assets instead of purchasing them 3m 23s
 Motivations of leasing assets instead of purchasing them
 Difference between financing lease and operating lease from the point of view of the lessee and the lessor
 Difference between financing lease and operating lease from the point of view of the lessee and the lessor 25m 01s
 Impact of Operating and Finance Leases: Lessee
 Impact of Operating and Finance Leases: Lessee & Lessor
 Lease Example: Lessee point of view
 Lease Example: Operating versus Finance
 Lease Example: Lessor point of view
 Lease Example: Operating versus Finance
 Impact of Operating and Finance Leases: Lessee
 Initial recognition, initial measurement and subsequent measurement of finance leases, PartII
 Initial recognition, initial measurement and subsequent measurement of finance leases 3m 44s
 Initial recognition, initial measurement and subsequent measurement of finance leases
 Disclosures relating to financial and operating leases
 Disclosures relating to financial and operating leases 1m 42s
 Disclosures of Operating and Finance Leases: Lessor
 Off balance sheet financing
 Disclosures Under Lease Agreements
 Defined contribution and defined benefit pension plans
 Defined contribution and defined benefit pension plans 4m 00s
 Defined contribution and defined benefit pension plans
 Incentives that might induce a companys management to overreport or underreport earnings
 Incentives that might induce a companys management to overreport or underreport earnings 4m 53s
 Incentives that might induce a companys management to overreport or underreport earnings
 Activities that will result in low quality of earnings
 Activities that will result in low quality of earnings
 Activities that will result in low quality of earnings
 Three conditions that are generally present when fraud occurs, including the risk factors related to these conditions
 Three conditions that are generally present when fraud occurs, including the risk factors related to these conditions 14m 35s
 Fraud Triangle
 Risk factors related to incentives and pressures leading to fraudulent accounting
 Risk factors related to Opportunities leading to fraudulent accounting
 Risk factors related to Attitudes and Rationalization leading to fraudulent accounting
 Common accounting warning signs and methods for detecting each
 Common accounting warning signs and methods for detecting each 15m 17s
 Common accounting warning signs and methods for detecting each
 Accounting shenanigans on the cash flow statement
 Accounting shenanigans on the cash flow statement 11m 02s
 Accounting shenanigans on the cash flow statement
 Evaluation of a companys past financial performance
 Evaluation of a companys past financial performance 3m 17s
 Evaluation of a companys past financial performance
 Forecasting a companys future net income and cash flow
 Forecasting a companys future net income and cash flow 4m 38s
 Projection of company’s future Net Income & Cash Flow
 Role of financial statement analysis in assesing the credit quality of a potential debt investment
 Role of financial statement analysis in assesing the credit quality of a potential debt investment 8m 48s
 Assess credit quality of potential debt investment
 Use of financial statement analysis in screening for potential equity investments
 Use of financial statement analysis in screening for potential equity investments 5m 27s
 Use of financial statement analysis in screening for potential equity investments
 Appropriate analyst adjustments to a compnays financial statements to facilitate comparison with another company
 Appropriate analyst adjustments to a compnays financial statements to facilitate comparison with another company 6m 01s
 Adjust Financial Statements to facilitate comparison with other companies

Corporate Finance
 Steps and Categories of capital budgeting process
 Steps and Categories of capital budgeting process 7m 59s
 Capital budgeting process
 Summary
 Cash Flow Estimation for capital budgeting process
 Cash Flow Estimation for capital budgeting process 12m 32s
 Basic principles of capital budgeting
 Estimation of cash flows
 Summary
 Mutually Exclusive Projects, Project Sequencing and Capital Rationing
 Mutually Exclusive Projects, Project Sequencing and Capital Rationing 9m 39s
 Factors affecting Project Selections
 Summary
 Methods of evaluating a capital project  NPV, IRR, Payback Period and Profitability Index
 Methods of evaluating a capital project  NPV, IRR, Payback Period and Profitability Index 15m 17s
 Key Evaluation Methodologies  NPV
 Key Evaluation Methodologies  IRR
 Key Evaluation Methodologies  PBP
 Key Evaluation Methodologies  DPBP
 Average Accounting Rate of Return (ARR)
 Profitability Index (PI)
 Summary
 NPV v/s IRR
 NPV v/s IRR 10m 02s
 NPV Profile
 Comparing IRR and NPV
 Limitation of NPV and IRR
 Summary
 Relative popularity of the various capital budgeting methods
 Relative popularity of the various capital budgeting methods 8m 35s
 Capital Budgeting Methods
 NPV and stock price
 Summary
 Relation between NPV, Company Value and Stock Price
 Relation between NPV, Company Value and Stock Price 8m 13s
 Expected Relation NPV, Company Value, Share Price
 Summary
 Weighted Average Cost of Capital (WACC)
 Weighted Average Cost of Capital (WACC) 9m 08s
 Cost of Capital
 Weighted average cost of Capital
 Summary
 Effect of tax on cost of capital
 Effect of tax on cost of capital 6m 12s
 Impact of Taxes on WACC
 Summary
 Methods to calculate the weights used in the calculation of WACC
 Methods to calculate the weights used in the calculation of WACC 6m 11s
 Alternate Methods of Calculating Weights used in WACC (Target Structure)
 Summary
 Determination of optimal capital budget using marginal cost of capital and investment opportunity schedule
 Determination of optimal capital budget using marginal cost of capital and investment opportunity schedule 6m 47s
 Optimal Capital Budget
 Summary
 Role of marginal cost of capital in determining NPV
 Role of marginal cost of capital in determining NPV 5m 52s
 Marginal Cost of Capital's role in Determining NPV
 Summary
 Cost of fixed rate debt capital using YTM and debtrating approach
 Cost of fixed rate debt capital using YTM and debtrating approach 10m 42s
 Cost of debt capital (Kd)
 Summary
 Cost of noncallable, nonconvertible preffered stock
 Cost of noncallable, nonconvertible preffered stock 7m 08s
 Cost of Preferred Stock
 Summary
 Cost of equity using CAPM, DDM and bondyieldplusriskpremium approach
 Cost of equity using CAPM, DDM and bondyieldplusriskpremium approach 10m 14s
 Cost of equity capital (Ke)
 Capital Asset Pricing Model (CAPM)
 Summary
 Beta for a project
 Beta for a project 12m 15s
 Beta and Cost of Capital for a Project
 Pure Play method
 Summary
 Country equity risk premium in the estimation of the cost of equity
 Country equity risk premium in the estimation of the cost of equity 9m 24s
 Country equity risk premium (CRP)
 Country Risk Premium
 Summary
 Marginal cost of capital schedule and its breakpoints
 Marginal cost of capital schedule and its breakpoints 6m 42s
 The marginal cost of capital schedule
 Summary
 Correct treatment of floatation costs
 Correct treatment of floatation costs 4m 54s
 Treatment of floatation costs
 Summary
 Leverage, business risk, sales risk, operating risk and fiancial risk
 Leverage, business risk, sales risk, operating risk and financial risk 10m 20s
 Leverage and different types of risk
 Summary
 Degree of operating, financial and total leverage
 Degree of operating, financial and total leverage 8m 40s
 Notation
 Degree of Operating Leverage
 Degree of Financial Leverage
 Degree of Total Leverage
 Summary
 Effect of financial leverage on a companysnet income and return on equity
 Effect of financial leverage on a companysnet income and return on equity 6m 28s
 Effect of financial leverage on a companysnet income and return on equity
 Summary
 Breakeven of sales and companys net income at various sales levels
 Breakeven of sales and companys net income at various sales levels 5m 53s
 Breakeven Points
 Net Income for different numbers of units produced and sold
 Summary
 Operating breakeven quantity of sales
 Operating breakeven quantity of sales 3m 34s
 Operating Breakeven Points
 Summary
 Cash Dividends, extra dividends, stock dividends, stock splits and reverse stock splits
 Cash Dividends, extra dividends, stock dividends, stock splits and reverse stock splits 19m 11s
 Dividends: Different forms
 Summary
 Dividend payment chronology
 Dividend payment chronology 6m 37s
 Dividend payment chronology
 Summary
 Compare share repurchase methods
 Compare share repurchase methods 10m 33s
 Share Repurchases
 Summary
 Calculate and compare the effects of share purchase on earnings per share
 Calculate and compare the effects of share purchase on earnings per share 6m 57s
 Effect of Share Repurchase on EPS
 Summary
 Effect of share repurchase on book value per share
 Effect of share repurchase on book value per share 4m 38s
 Effect of share repurchase on book value per share
 Summary
 Cash dividend v/s share repurchase of the same amount
 Cash dividend v/s share repurchase of the same amount 10m 32s
 Cash dividends equivalence with share repurchases
 Summary
 Primary and secondary sources of liquidity and factors that affect a companys liquidity position
 Primary and secondary sources of liquidity and factors that affect a companys liquidity position 9m 07s
 Primary Liquidity Sources
 Secondary Sources of Liquidity
 Factors influencing a company’s liquidity position
 Companys liquidity measures and working capital effectiveness
 Companys liquidity measures and working capital effectiveness 13m 15s
 Comparing a company’s liquidity measures with peers
 Working Capital Efficiency: Operating and CCC
 Effect of different types of cash flows on companys net daily cash position
 Effect of different types of cash flows on companys net daily cash position 7m 51s
 Company’s Daily Cash Position
 Compare yields on various securities, …
 Compare yields on various securities, … 9m 25s
 Yield Calculations
 Investment Policy Statement
 Management of accounts receivables, inventory & accounts payable_Part2
 Management of accounts receivables, inventory & accounts payable_Part2 14m 14s
 Management of Accounts Receivable
 Weighted Average Collection Period
 Managing Inventory
 Managing Accounts Payable
 Evaluate the choices of short term funding available to a company
 Evaluate the choices of short term funding available to a company 10m 34s
 Choices of Short Term Funding
 Short Term Borrowing Approaches
 Use of pro forma income and balance sheet statements
 Use of pro forma income and balance sheet statements 12m 51s
 Pro Forma Analysis
 Pro Forma Income Statement
 Pro Forma Balance Sheet
 Define corporate governance
 Define corporate governance 6m 11s
 Define corporate governance
 Practices related to board and committee independence, …
 Practices related to board and committee independence, … 11m 00s
 Composition of Board
 Importance of independence of board members
 Importance of independence of board members 6m 00s
 Independence of Board Members
 Factors that an analyst should consider when evaluating the qualifications of board members
 Factors that an analyst should consider when evaluating the qualifications of board members 6m 07s
 Factors Evaluating Board Qualification
 Audit, Compensation and Nominations Committees
 Audit, Compensation and Nominations Committees 8m 37s
 Audit Committee
 Provisions that should be included in a strong code of ethics
 Provisions that should be included in a strong code of ethics 6m 56s
 Provisions that should be included in a strong code of ethics
 Evaluate from a shareowners perspective, …
 Evaluate from a shareowners perspective, … 11m 27s
 Shareowner Voting
 Shareowner Proposals
 Common Stalk Classes
 Takeover Defenses

Portfolio Management
 Portfolio approach to investing
 Portfolio approach to investing 6m 43s
 Portfolio Approach
 Diversification Ratio
 Types of investors and distinctive characteristics of each
 Types of investors and distinctive characteristics of each 6m 46s
 Types of investors
 Steps in the portfolio management process
 Steps in the portfolio management process 5m 00s
 Steps in the portfolio management process
 Mutual funds v/s other investment products
 Mutual funds v/s other investment products 27m 10s
 Mutual Funds
 Comparing Mutual Funds with other Investment Products
 Important return measures and their uses
 Important return measures and their uses 14m 07s
 Major Return Measures and Uses
 Characteristics of major asset classes that investors consider in forming portifolios
 Characteristics of major asset classes that investors consider in forming portifolios 1m 47s
 Characteristics of major asset classes
 Mean, Variance and Covariance of asset returns
 Mean, Variance and Covariance of asset returns 11m 06s
 Variance
 Components of portfolio standard deviation
 Covariance
 Risk aversion and its implication for portfolio selection
 Risk aversion and its implication for portfolio selection 5m 01s
 Risk aversion
 Portfolio standard deviation
 Portfolio standard deviation 6m 03s
 Expected return and Standard deviation
 Effect on portfolios risk of investing in assets that are less than perfectly correlated
 Effect on portfolios risk of investing in assets that are less than perfectly correlated 8m 47s
 Asset Portfolios
 Importance Of Correlation
 Minimum variance and efficient frontiers of risky assets and the global minimum variance portfolio
 Minimum variance and efficient frontiers of risky assets and the global minimum variance portfolio 2m 36s
 Efficient Frontier
 Selection of an optimal portfolio, given an investors utility and the capital allocation line
 Selection of an optimal portfolio, given an investors utility and the capital allocation line 3m 27s
 Optimal Portfolio
 Combining a riskfree asset with a portfolio of risky assets
 Combining a riskfree asset with a portfolio of risky assets 10m 21s
 Combining a Risky Asset with a RiskFree Asset
 Capital Allocation Line (CAL) and Capital Market Line (CML)
 Capital Allocation Line (CAL) and Capital Market Line (CML) 11m 41s
 Capital Market Theory: CML
 Market Portfolio
 Systematic and nonsystematic risk
 Systematic and nonsystematic risk 9m 08s
 Systematic and Non Systematic Returns
 Total Risk vs. Number of Assets in a Portfolio
 Return generating models and their uses
 Return generating models and their uses 7m 25s
 Return generating models
 Calculation and interpretation of Beta
 Calculation and interpretation of Beta 4m 14s
 Beta
 Capital Asset Pricing Model (CAPM) and and Security Market Line (SML)
 Capital Asset Pricing Model (CAPM) and and Security Market Line (SML) 11m 41s
 CAPM
 Assumptions of CAPM
 Security Market Line
 Expected return on an asset using CAPM
 Expected return on an asset using CAPM 3m 05s
 Expected return on an asset using CAPM
 Applications of CAPM and SML
 Applications of CAPM and SML 6m 36s
 Applications of CAPM and SML
 Reasons for writing an Investment Policy Statement (IPS)
 Reasons for writing an Investment Policy Statement (IPS) 2m 06s
 Reasons for writing an Investment Policy Statement (IPS)
 Major componenets of an IPS
 Major componenets of an IPS 4m 37s
 Major componenets of an IPS
 Risk return objectives and how they may be developed for a client
 Risk return objectives and how they may be developed for a client 3m 48s
 Risk Objectives
 Return Objectives
 Distinction between willingness and the ability of an investor to take risk, in order to analyze his financial risk tolerance
 Distinction between willingness and the ability of an investor to take risk, in order to analyze his financial risk tolerance 3m 18s
 Willingness and Ability
 Constraints of liquidity, time horizon, tax concerns, legal and regulatory factors etc. in choosing portfolio assets
 Constraints of liquidity, time horizon, tax concerns, legal and regulatory factors etc. in choosing portfolio assets 4m 52s
 Investment Constraints
 Specification of asset classes in relation to asset allocation
 Specification of asset classes in relation to asset allocation 4m 44s
 Specifications of asset classes
 Principles of portfolio construction and the role of asset allocation in relation to the IPS
 Principles of portfolio construction and the role of asset allocation in relation to the IPS 2m 54s
 Principles of Portfolio Construction, Role of Asset Allocation

Equity Investments
 Main functions of the financial system
 Main functions of the financial system 5m 22s
 Main functions of the financial system
 Summary
 Classifications of assets and markets
 Classifications of assets and markets 6m 41s
 Types of Market
 Summary
 Major types of securities, currencies, contracts, commodities and real assets that trade in organized markets
 Major types of securities, currencies, contracts, commodities and real assets that trade in organized markets 8m 00s
 Major types of securities
 Summary
 Types of financial intermediaries and the services that they provide
 Types of financial intermediaries and the services that they provide 11m 41s
 Financial Intermediaries
 Summary
 Positions an investor can take in an asset
 Positions an investor can take in an asset 9m 28s
 Positions an investor can take in an asset
 Short Position
 Summary
 Leverage Ratio, Rate of return on a margin transaction and the security price at which the investor would receive a margin call
 Leverage Ratio, Rate of return on a margin transaction and the security price at which the investor would receive a margin call 13m 29s
 Leverage Ratio
 Leveraged Trades Example
 Margin Call
 Summary
 Description of primary and secondary markets
 Description of primary and secondary markets 23m 19s
 Primary Markets
 Importance of Secondary Markets to Primary Markets
 Summary
 Description of how securities, currencies and contracts …
 Description of how securities, currencies and contracts … 8m 57s
 QuoteDriven, OrderDriven, Brokered Markets
 Summary
 Characteristics of a well functioning financial system
 Characteristics of a well functioning financial system 4m 46s
 Characteristics of a well functioning financial system
 Summary
 Security Market Index
 Security Market Index 6m 05s
 Describe a security market index
 Summary
 Value, price return and total return of an index
 Value, price return and total return of an index 9m 05s
 Index Value, Price Return and Total Return
 Calculation of Single Period Index Returns
 Calculation of Multiple Period Index Returns
 Summary
 Choices and issues in index construction and management
 Choices and issues in index construction and management 6m 49s
 Choices and issues in index construction and management
 Issues in index construction and management
 Summary
 Different weighting methods in index construction
 Different weighting methods in index construction 12m 09s
 Weighting Methods used in Index Construction
 Summary
 Value and return of an index given its weighting method
 Value and return of an index given its weighting method 10m 31s
 Value and return of an index given its weighting method
 Summary
 Rebalancing and reconstitutioning of an index
 Rebalancing and reconstitutioning of an index 8m 20s
 Rebalancing and reconstitutioning
 Summary
 Uses of security market indices
 Uses of security market indices 5m 17s
 Uses of security market indices
 Summary
 Types of equity indices
 Types of equity indices 6m 08s
 Types of equity indices
 Summary
 Types of fixed income indices
 Types of fixed income indices 7m 05s
 Types of fixed income indices
 Summary
 Types of security market indices
 Types of security market indices 7m 00s
 Types of security market indices
 Summary
 Market efficiency and related concepts
 Market efficiency and related concepts 5m 49s
 Market efficiency
 Summary
 Market value and Intrinsic value
 Market value and Intrinsic value 6m 12s
 Market value and Intrinsic value
 Summary
 Factors affecting markets efficiency
 Factors affecting markets efficiency 6m 55s
 Factors affecting markets efficiency
 Summary
 Weak form, semistrong form and strong form market efficiency
 Weak form, semistrong form and strong form market efficiency 12m 14s
 Forms of Market Efficiencies
 Summary
 Implication of each form of market efficiency …
 Implication of each form of market efficiency … 9m 14s
 Implication of each form of market efficiency …
 Summary
 Market pricing anomalies and explain inconsistencies with market efficiency
 Market pricing anomalies and explain inconsistencies with market efficiency 12m 13s
 Market Pricing Anomalies
 Time Series Anomalies
 CrossSectional Anomalies
 Other Anomalies
 Behavioral finance view of investor behavior to that of traditional finance
 Behavioral finance view of investor behavior to that of traditional finance 12m 20s
 Behaviourial Finance
 Implications
 Summary
 Summary  Examples
 Characteristics of equity securities
 Characteristics of equity securities 10m 27s
 Characteristics of various types of equity securities
 Summary
 Differences in voting rights and other ownership characteristics among different equity classes
 Differences in voting rights and other ownership characteristics among different equity classes 5m 06s
 Differences in voting rights and other ownership characteristics among different equity classes
 Summary
 Public and private equity security
 Public and private equity security 7m 29s
 Public and private equity security
 Summary
 Investing in nondomestic equity securities
 Investing in nondomestic equity securities 9m 38s
 Methods for investing in nondomestic equity securities
 Summary
 Risk and return characterisitics of types of equity securities
 Risk and return characterisitics of types of equity securities 7m 33s
 Return characteristics of various types of equity securities
 Summary
 Role of equity securities in financing a companyâ€™s assets
 Role of equity securities in financing a company's assets 6m 07s
 Role of equity securities in the financing of a company's assets
 Summary
 Market value and book value of equity securities
 Market value and book value of equity securities 4m 48s
 Market value and book value of equity securities
 Summary
 Companys cost of equity, accounting return on equity and investors reuired rates of return
 Companys cost of equity, accounting return on equity and investors reuired rates of return 8m 05s
 Company’s cost of equity, its (accounting) return on equity, and investors’ required rates of return
 Summary
 Uses of industrial analysis and the relation of industry analysis to company analysis
 Uses of industrial analysis and the relation of industry analysis to company analysis 6m 13s
 Uses of industry analysis and the relation of industry analysis to company analysis
 Summary
 Methods by which companies can be grouped
 Methods by which companies can be grouped 8m 49s
 Approaches to Identifying Similar Companies
 Industry Classification Systems
 Summary
 Factors that affect the sesitivity of a company to the business cycle
 Factors that affect the sesitivity of a company to the business cycle 8m 41s
 Growth, Defensive and Cyclical industries
 Summary
 Relation of peer group as used in equity valuation, to a compnay's industry classification
 Relation of peer group as used in equity valuation, to a compnay's industry classification 4m 58s
 Constructing a peer group
 Summary
 Elements that need to be covered in a thorough industry analysis
 Elements that need to be covered in a thorough industry analysis 8m 23s
 Elements that need to be covered in a thorough industry analysis
 Summary
 Demographic, governmental, social and technological influences on industry growth, profitability and risk
 Demographic, governmental, social and technological influences on industry growth, profitability and risk 7m 12s
 External Influences on Industry Growth, Profitability and Risk
 Summary
 Product and industry life cycle models, classify an industry as to life cycle phase
 Product and industry life cycle models, classify an industry as to life cycle phase 16m 00s
 Industry Life Cycle
 Summary
 Explain the effects industry concentration, ease of entry and a capacity on return on invested capital and pricing power
 Explain the effects industry concentration, ease of entry and a capacity on return on invested capital and pricing power 7m 55s
 Effects of ease of entry on return on invested capital and pricing power
 Effects of industry concentration on return on invested capital and pricing power
 Effects of industry capacity on return on invested capital and pricing power
 Summary
 Principles of strategic analysis of an industry
 Principles of strategic analysis of an industry 4m 04s
 Principles of strategic analysis of an industry
 Summary
 Characteristics of representative industries from the various economic sectors
 Characteristics of representative industries from the various economic sectors 6m 53s
 Characteristics of representative industries from the various economic sectors
 Summary
 Elements that need to be covered in a thoroughcompany analysis
 Elements that need to be covered in a thoroughcompany analysis 5m 45s
 Elements that need to be covered in a thoroughcompany analysis
 Summary
 Estimation of whether a security is undervalued, overvalued or fairly valued
 Estimation of whether a security is undervalued, overvalued or fairly valued 6m 43s
 Evaluate whether a security is overvalued, fairly valued or undervalued by the market
 Summary
 Major categories of equity valuation models
 Major categories of equity valuation models 4m 37s
 Major categories of equity valuation models
 Summary
 Present value of cash flow models to value equity and describe the dividend discount and freecashflowtoequity models
 Present value of cash flow models to value equity and describe the dividend discount and freecashflowtoequity models 8m 02s
 Presentvalue of cash flow models to value equity
 Dividend Discount Model
 Free Cash Flow to Equity (FCFE)
 Intrinsic value of noncallable, nonconvertible preferred stock
 Intrinsic value of noncallable, nonconvertible preferred stock 5m 10s
 Dividend Discount Model (DDM)
 Summary
 Intrinsic value of an equity secrity based …
 Intrinsic value of an equity secrity based … 7m 47s
 Assumptions of the Gordon Growth Model
 Gordon Growth Model
 TwoStage dividend discount model
 Identify companies for which the constant growth or a multistage dividend discount model is appropriate
 Identify companies for which the constant growth or a multistage dividend discount model is appropriate 6m 00s
 Constant Growth and Multistage DDM
 Summary
 Rationale for using price multiples to value equity
 Rationale for using price multiples to value equity 6m 46s
 Multiplier Models
 Earnings per share (EPS) and earnings multiplier
 Summary
 Calculate and interpret multiples like Price to Equity, Price to Sales and Price to Book value
 Calculate and interpret multiples like Price to Equity, Price to Sales and Price to Book value 14m 51s
 Price/Earnings Ratio  P/E
 Price/Book Value Ratio  P/BV
 Price/Sales Ratio  P/S
 Price/Cash Flow Ratio – P/CF
 Summary
 Use of Enterprise value multiples in equity valuation
 Use of Enterprise value multiples in equity valuation 5m 29s
 Enterprise Value (EV)
 Summary
 Assetbased valuation models
 Assetbased valuation models 5m 40s
 Assetbased valuation models
 Summary
 Advantages and disadvantages of each category of valuation model
 Advantages and disadvantages of each category of valuation model 8m 06s
 Advantages and disadvantages of each category of valuation model
 Summary
 Execution, validity and clearing instructions; Market Vs limit order
 Execution, validity and clearing instructions; Market Vs limit order 8m 06s
 Execution, validity and clearing instructions; Market Vs limit order

Derivatives
 Exchangetraded Vs overthecounter derivatives
 Exchangetraded Vs overthecounter derivatives 13m 42s
 Derivatives: Derivative Markets and Instruments
 Definition
 Derivatives Payoff
 Types Of Derivatives
 Difference Between OTC And Exchange Traded Contracts
 Forward contracts, futures contracts, options and swaps
 Forward contracts, futures contracts, options and swaps 7m 16s
 Basic characteristics of forward contracts, future contracts, options & swaps
 Purposes and criticisms of derivative markets
 Purposes and criticisms of derivative markets 7m 26s
 Purpose of Derivatives
 Criticism of Derivatives
 Role arbitrage plays in promoting market efficiency
 Role arbitrage plays in promoting market efficiency 4m 55s
 Types of Arbitrage
 Role of Arbitrage
 Settlement and default risk in a forward contract
 Settlement and default risk in a forward contract 17m 28s
 Characteristics of Forward Contracts
 Settling a forward contract at expiration
 Settling a forward contract at expiration 13m 41s
 Settlement and Termination
 Settlement by Asset Delivery
 Cash Settlement
 Termination by Offsetting
 Dealer vs. End user of a forward contract
 Dealer vs. End user of a forward contract 3m 21s
 End User
 Dealer
 Characteristics of forward contracts
 Characteristics of forward contracts 13m 21s
 Equity Forward Contracts
 Forward Contracts on Bonds
 Forwards on ZeroCoupon Bonds
 Forwards on Coupon Bonds
 Eurodollar time deposit market and LIBOR vs. Euribor
 Eurodollar time deposit market and LIBOR vs. Euribor 7m 16s
 Eurodollar Deposit
 LIBOR
 Euribor
 Forward rate agreements
 Forward rate agreements 24m 49s
 Forward Rate Agreement (FRA)
 FRA Settlement Calculation
 Characteristics of currency forward contracts
 Characteristics of currency forward contracts 6m 42s
 Currency Forward Contracts
 Futures and forwards contracts
 Futures and forwards contracts 15m 58s
 Characteristics of Futures
 Distinguish between forward contract & futures contract
 Futures vs Forwards
 Margin in securities markets and margin in futures
 Margin in securities markets and margin in futures 12m 38s
 Margin in Securities Market and Futures Market
 Types of Margin
 Price limits and the process of marking to market
 Price limits and the process of marking to market 15m 09s
 Marking to Market and Price Limits
 Termination of futures contract
 Termination of futures contract 7m 21s
 Termination of futures contract
 Delivery
 Cash Settlement
 Reversing Positions
 Exchange for Physicals
 Characteristics of types of futures contracts
 Characteristics of types of futures contracts 14m 54s
 Characteristics of types of futures contracts
 Stock Index Future
 Currency Futures
 Describe call and put options
 Describe call and put options 47m 31s
 What is an Option?
 Types of Options
 Options Characteristics
 Long Call
 Short Call
 Long Put
 Short Put
 Payoffs from Options
 Long Call
 Payoff for Long Call Option
 European vs. American options
 European vs. American options 11m 00s
 Exercising an Option
 European & American Options
 Concept of moneyness of an option
 Concept of moneyness of an option 5m 33s
 Moneyness of an option
 Exchangetraded vs. overthecounter options
 Exchangetraded vs. overthecounter options 3m 49s
 Exchangetraded & overthecounter (OTC) option
 Options in terms of the underlying instruments
 Options in terms of the underlying instruments 14m 14s
 Types of Options
 Interest rate options vs. Forward rate agreements
 Interest rate options vs. Forward rate agreements 16m 04s
 Interest Rate Options
 FRA
 Synthetic FRA using Options
 Define interest rate caps, floors and collars
 Define interest rate caps, floors and collars 20m 12s
 Interest Rate Floor
 Interest Rate Collars
 Calculate and interpret option payoffs
 Calculate and interpret option payoffs 7m 10s
 Payoffs of Options
 Interest Rate Option Payoff
 Define intrinsic value and time value
 Define intrinsic value and time value 7m 25s
 Intrinsic and Time Value of Option
 Min and max value of European and American options
 Min and max value of European and American options 12m 36s
 Min and max value of European and American options
 Lowest prices of European and American options
 Lowest prices of European and American options 16m 48s
 Further on Lower Bounds  Call
 Further on Lower Bounds  Put
 Bounds Revised
 Exercise price and time to expiration of options
 Exercise price and time to expiration of options 13m 01s
 Effect of Variables on Option Pricing
 Explain putâ€“call parity for European options
 Explain putcall parity for European options 17m 16s
 PutCall Parity; No Dividends
 Underlying cash flows affecting putcall parity
 Underlying cash flows affecting putcall parity 5m 58s
 Effect if Cash Flows on the Underlying Asset
 Volatility change on an options price
 Volatility change on an options price 7m 08s
 Effect of Interest Rates and Volatility
 Option Price Sensitivities
 Characteristics of swap contracts
 Characteristics of swap contracts 21m 47s
 Characteristics of swap contracts
 Types of Swaps
 Termination of Swaps
 Currency swap, interest rate swaps and equity swaps
 Currency swap, interest rate swaps and equity swaps 36m 01s
 Plain Vanilla Interest Rate Swap
 The Comparative Advantage Argument
 Currency Swap
 Equity Swap
 Strategies of buying and selling calls and puts
 Strategies of buying and selling calls and puts 26m 20s
 Call Option Profit & Losses
 Put Option Profit & Losses
 Covered call strategy and protective put strategy
 Covered call strategy and protective put strategy 22m 27s
 Covered Call = Long Stock + Short Call
 Protective Put = Long Stock + Long Put

Alternative Investments
 OpenEnd, ClosedEnd, NAV, Fees
 OpenEnd, ClosedEnd, NAV, Fees 21m 44s
 Funds, Fees and NAV
 Net Asset Value
 Funds, Fees and NAV
 Style,sector, index, global and value strategies
 Style,sector, index, global and value strategies 5m 15s
 Types of funds
 Comparison btwn ETFs and equity investment
 Comparison btwn ETFs and equity investment 14m 07s
 What is an Exchange Traded Fund?
 Exchange Traded Funds
 What is an Exchange Traded Fund?
 ETFs
 Advntgs and risks of ETFs
 Advantgs and risks of ETFs 7m 34s
 ETFs
 Forms of real estate investment
 Forms of real estate investment 9m 53s
 Real Estate
 Real Estate Investments
 Real Estate in a Portfolio Context
 Approaches to real estate valuations
 Approaches to real estate valuations 9m 14s
 Valuation of Real Estate
 NOI Calculation, sales and income approach
 NOI Calculation, sales and income approach 22m 07s
 Sales Comparison Approach
 Income Approach
 Aftertax Cash Flow, NPV and Yield
 Stages, features, challenges in VCI
 Stages, features, challenges in VCI 11m 17s
 Venture Capital Investment
 Venture Fund Investment Characteristics
 NPV of a VCI, conditional failures
 NPV of a VCI, conditional failures 10m 25s
 NPV of Venture Capital Projects
 Legal, fee structure of a hedge fund
 Legal, fee structure of a hedge fund 11m 15s
 Hedge Funds
 Advantages/Disadvantages of FOFs
 Advantages/Disadvantages of FOFs 6m 30s
 Fund of Funds
 Leverage and unique risks of hedge funds
 Leverage and unique risks of hedge funds 6m 56s
 Leverage and unique risks of hedge funds
 Hedge Funds : Classification
 Performance bias of Hedge funds Survivorship bias
 Performance bias of Hedge funds Survivorship bias 6m 08s
 Performance of Hedge Funds
 Some Significant Biases
 Effect of Survivorship Bias
 Legal enviorment affect Closely held cos
 Legal enviorment affect Closely held cos 2m 05s
 Closely held Companies
 Discounts and premium of Closely held cos
 Discounts and premium of Closely held cos 4m 59s
 Closely held Companies
 Bases for Discount and Premium
 Distressed securities investing
 Distressed securities investing 2m 54s
 Closely held Companies
 Commodity investing, derivatives and linked notes
 Commodity investing, derivatives and linked notes 4m 37s
 Motivation for Investing in Commodities
 Investing in Commodities
 Source return in collaterlization
 Source return in collaterlization 5m 35s
 Source return in collaterlization
 Spot & expected future price contango backwardation
 Spot & expected future price contango backwardation 2m 44s
 Contango
 Backwardation
 Return and risk of commodity investing
 Return and risk of commodity investing 10m 04s
 Risk and Returns
 Commodity Index Strategy

Summarized Recording
 Fixed Income Securities 11m 56s
 Ethical and Professional Standards 17m 46s
 Quantitative Methods 51m 55s
 Economics 1h 14m
 Financial Reporting and Analysis 1h 38m
 Corporate Finance 21m 15s
 Portfolio Management 15m 25s
 Derivatives 17m 38s
 Alternative Investments 19m 20s

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