# Category: CFA

• ## Earnings per Share (EPS) computations in CFA Level I

Good afternoon everyone! This is my first blog post from Tel Aviv, Israel, where I decided to go to take some time to work on my CFA Level I curriculum as the exam scheduled on June 2nd is getting closer and closer. The first topic I wanted to come back on is part of the…

• ## Logarithmic approximation: application in CFA Level I and interview questions

Good afternoon everyone, I’m almost done going through the CFA material for the Level I curriculum and I came across what they simply call an approximation in the Schweser resources but what actually is in fact a logarithmic approximation of numbers close to 1. What is the logarithmic approximation for numbers close to 1? Assuming…

• ## CFA Level 1 Review, Quantitative Finance: Sampling & Estimation and Hypothesis Testing (Part I)

Good evening everybody, First of all, I would like to thank you all for the feedback you provided me with on Facebook and personally. I understand that this kind of reviews have been quite appreciated, even for people who are actually only considering taking the CFA in the future. I decided to skip the part…

• ## CFA Level 1 Review: Quantitative Finance, Time Value of Money.

In this post, I will present a summary of the quantitative finance part of the CFA Level 1 exam. The time value of money is a trivial concept in Finance, which can be summarized as “one dollar today is better than one dollar tomorrow“, because of the risk-free interest rate $$r$$. The following formulas allow…

• ## A new challenge has entered the ring!

My first social life in the first 6 months of year 2012 has been compromised by a new challenge I decided to take on this year, the Chartered Financial Analyst (CFA) curriculum. The CFA program is divided in 3 exams denoted Level I, II and III. The candidate gets the CFA designation upon completing the…