" Short - Medium - Long " Term

South Indian Bank: BUY

-Comparison-

A common problem faced by students in exam time is of comparion. When we talk to our friends invariably one question comes up from the most desperate student of the group,' Kitna ho gaya yaar" If his preparation is above your expectations(which is always more or less exaggerated), you land yourself in a whirlpool of dilemma, tension....
What can be the reason for this::
A person is good because either he is good or he lacks the courage to be bad.
I know you are good because you are good. So as your inherent nature goes, you tend to see the good things in others without counting on the bad/wrong doings and compare it with your package. This develops a "complex". Sounds discouraging, hard to digest , but need to gulp the facts.
One cannot analyse the exact position of other's preparation. Its something like comparing the ROI of one company with turnover ratio of other, which can give no result.
So the final mantra... " Don't Discuss Studies"
There are a zillion things to learn and talk about, but a few needs deserve a veil such as your wealth, mates, preparation etc. As they say, "Nazar lag jati hai".
So don't be overzealous, to share your preparations with others otherwise it may amount to"Aa Baill mujhe mar"

Word of Caution

The basic objective of giving you the strategic areas is to lay the strong foundation and give you the initial momentum in the exam based on which you can build up the entire scorecard. Certainly in no case it should be viewed as an access to the examination paper. Mind it, I have mentioned the name of the chapters and not the questions. Had it been possible then i would have called all of you few hours before the exam and give you the solution itself. Based on the strategic areas, you can put yorself in a comfy position to score in the range of 40-50 in the first hour, and use the rest for making the best of the opportunity to come to the level of 70-100.

Strategic Areas for FM- PCC June' 09

1. Theory:
Basic Aspects of financial management; profit maxm vs. wealth maxm. ; Functions of a CFO; Methods & Tools of Financial Management; Organisation chart of finance function.
Bridge Finance; Pledge & Hypothecation; GDRs, ADRs & FCCB; Euro Convertible Bonds; Euro Issues; Zero Coupon Bonds; Option Bonds; Double Option Bonds; Inflation Bonds; Floating Rate Bonds; Pre & Post Shipment Finance; Seed Capital Assistance

2. Debtors management + Theory on working capital management from class notes(No.1-18)

3. EBIT Break even point; Leverages; Cost of Capital with CAPM + Arbitrage process and other theorotical areas from the book (on Cost od Capital & Capital Structure)

4. Ratio Analysis ; Funds Flow & Cash Flow Statements ( Book given on the chapter in the Advance A/Cs classes will be sufficient)

5. Capital Rationing; Social Cost Benefit Analysis.
NPV & IRR

Auditing follows...

Costing CA(PCC) June'09 Exam: Strategic Areas deserving special attention

1. Byproducts & Joint products
2. Operating costing
3. Reconciliation of Cost & Financial A/Cs
4. Levels of Materials + Theory from class notes
5. Idle time, Labour Turnover + Theory from class notes
6. Treatment of under/over recovery of overheads + theory from class notes
7. Flexible Budgeting
8. Marginal Costing (Only the class notes will suffice)

FM Follows..