Sunday 31 January 2016



Lol take all the modules... That's 6 more group work and exams, making it 11 modules in a term.

Saturday 30 January 2016





My motivation level (out of 10) just fell to an all time low this January, mainly caused by the exams.
Also, I used to look forward to choosing the elective modules. But when I found out most of them had group coursework, it wasn't as exciting.



Figures for February onwards are estimated


F.Acc 2 is too hard.

Valuation/Analysis... seems related to M&A / IBD / CFA so it's useful. Downside is remembering the formulas / ratios.
Tax seems ok.
Financial Markets seems ok.
Asset Management: Useful, but most fund managers under-perform anyway.
Most actively managed European equity funds failed to beat their benchmark over the past decade
https://next.ft.com/content/dd89c0be-797c-11e5-933d-efcdc3c11c89

Risk analysis & modelling/ portfolio theory & valuation /derivatives trading & hedging- very similar, all group cw.
Financial Economics- group video cw. Take it if your maths is good. I would go just to learn more.
Personal Finance- group cw + presentations are too time consuming, but content is doable.
 Exam is too abstract/vague.




Wednesday 27 January 2016

F.Acc 2: Consolidation- No idea at all.

Personal Finance--- Not going to take that. I do not want to do a group report. Besides, the 3 questions in the exam are too vague.

Portfolio Theory & Investment Valuation
Risk Analysis & Modelling
☒Personal Finance
☐Financial Analysis
Company Valuation
☐Asset Management
Financial Economics [CT8a]

The first line in Asset Management says it involves regression analysis and if you don't like that, it is advisable not to take the module.

Basically it's CAPM, Market Efficiency, Mutual Funds, Hedge Funds, ETFs...
Also... there is no guarantee that taking the module will make you any better in the actual Asset Management. 



Tuesday 26 January 2016

Tax... we shall see how it goes.

Well Portfolio Theory & Investment Valuation and Risk Analysis  & Modelling... what is the difference? Both are complementary. Manage a portfolio and you need some risk analyst team...

First lesson has some overlap in utility theory, indifference curves...

Actually Financial Economics has some of that as well. -Risk aversion, Arbitrage, portfolio selection, risk management...
First part of Risk Analysis has some statistics in it.


F.Economics is very tempting. Obviously AS students are going to take that.as part of CT8 exemption.


F.Acc 2... Try your best. F.Acc was so bad... Group accounts are not going to be any better.

Sunday 24 January 2016

I think I failed all the modules. Too bad. Remembering Law and Assurance didn't go so well. FE was unexpected. Others... were no better. I just hope Term 2 will be better.

Really afraid of F.Acc 2 with all that group accounts and 'consolidated' FS.
Tax looks ok... As long as you know how to calculate income tax, corporation tax, NIC, CGT, non taxable items...


I just looked at the Contingencies past paper and just realised that mortality tables existed. Eg PMA92, PFA92C20, AM92 Ultimate...
Survival probabilities and expected lifetime
So cool.

Wednesday 13 January 2016