Credit Risk Expected Loss: PD, LGD and EAD Notes for FRM Part 1 [2026]
Credit risk expected loss for FRM Part 1, built from its three ingredients: PD estimation and cumulative default probability, LGD from the recovery rate, and EAD with the credit conversion factor, then unexpected loss and credit VaR, with full worked examples and exam traps.
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Study Notes
Option Greeks Explained: FRM Part 1 Notes with Worked Examples [2026]
Option greeks explained with real numbers for FRM Part 1: delta hedging a short call book, gamma forcing the re-hedge after a price move, vega and theta scaled by position size, rho signs, plus a five-Greek summary table, exam traps and a one-page revision box.
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Study Notes
Duration and Convexity: FRM Part 1 Notes with Worked Examples [2026]
Duration and convexity decide how a bond price moves when yields change. These FRM Part 1 notes calculate Macaulay and modified duration from cash flows, convert them into DV01, apply the duration-convexity price formula in worked examples, and finish with exam traps and a one-page revision box.
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Study Notes
AWS AI Business Strategist (AIB-C01): Exam Guide [2026]
The AWS AI Business Strategist (AIB-C01) guide covers the beta exam format, cost, four domains and weights, who should take it, a four-week study plan, registration steps, and a free printable tracker for business professionals who lead AI decisions without coding.
BDO Hiring Assurance Associate in New York: Apply Now [2026]
BDO USA is hiring an Assurance Associate in New York City for a Fall 2026 start in its Financial Services practice. Salary range $83,000 to $87,000, CPA exam eligibility required, travel as needed. See full requirements, day-to-day work and how to apply.
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Global Careers
Microsoft Hiring Financial Analyst in Redmond: Apply Now [2026]
Microsoft is hiring a Financial Analyst in Redmond, Washington for its two-year Finance Rotation Program. Complete up to four FP&A rotations, base pay $67,800 to $122,600 per year, Excel skills required, no visa sponsorship. See requirements, salary details and how to apply.
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Global Careers
Deloitte Hiring Tax Delivery Consultant in Gilbert: Apply Now [2026]
Deloitte Tax LLP is hiring a Tax Delivery Consultant in Gilbert, Arizona for a Summer 2027 start. Entry-level Big 4 tax role in International Tax and Transfer Pricing, hybrid schedule, minimum GPA 3.0, no visa sponsorship. Check requirements and how to apply.
DeeCast Hiring CA Fresher for International CFO & Controllership Role DeeCast is hiring a newly qualified Chartered Accountant as Executive – CFO & Controllership (International) in Connaught Place,…
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Jobs
Meesho Hiring CA Freshers | Assistant Manager Business Finance | Bangalore
Meesho Hiring CA Freshers for Business Finance Team Meesho is hiring Chartered Accountants from the 2025 and 2026 batches for its Business Finance team as Assistant Manager –…
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Jobs
AU Small Finance Bank Hiring Credit / Audit Assistant – Mortgage Loans in Jaipur
AU Small Finance Bank is hiring for the role of Credit / Audit Assistant – Mortgage Loans in Jaipur. The role is open to CA freshers as well…
Bacteria Doubles Every Minute: The J.P. Morgan Interview Question
A bacteria colony doubles every minute and fills the dish in 60 minutes. How full is it at minute 59? The J.P. Morgan interview puzzle, answered and explained step by step.
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Interview Prep
100 Prisoners and 1 Light Bulb Puzzle: Answer [Solved]
A classic investment banking and quant interview brain teaser: 100 prisoners, one light bulb, and one chance to announce they have all visited the room. The answer is a counter system, one designated prisoner who tallies visits until the count reaches 99. Here is the full solved walkthrough.
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Interview Prep
McKinsey Light Bulb Puzzle: 3 Switches, One Visit (Solved)
Three switches outside a closed room, three bulbs inside, and you may enter only once. The McKinsey light bulb puzzle looks impossible until you notice the room gives two signals, light and heat. Here is the full solution with a step-by-step walkthrough.
Two ropes, each burning exactly 60 minutes but never evenly. How do you measure exactly 45 minutes? Light one rope at both ends and the other at one end, then relight the second when the first dies. Full step-by-step solution to this classic Goldman Sachs brain teaser.
BDO Hiring Assurance Associate in New York: Apply Now [2026]
BDO USA is hiring an Assurance Associate in New York City for a Fall 2026 start in its Financial Services practice. Salary range $83,000 to $87,000, CPA exam eligibility required, travel as needed. See full requirements, day-to-day work and how to apply.
Read more →
Global Careers
Microsoft Hiring Financial Analyst in Redmond: Apply Now [2026]
Microsoft is hiring a Financial Analyst in Redmond, Washington for its two-year Finance Rotation Program. Complete up to four FP&A rotations, base pay $67,800 to $122,600 per year, Excel skills required, no visa sponsorship. See requirements, salary details and how to apply.
Read more →
Global Careers
Deloitte Hiring Tax Delivery Consultant in Gilbert: Apply Now [2026]
Deloitte Tax LLP is hiring a Tax Delivery Consultant in Gilbert, Arizona for a Summer 2027 start. Entry-level Big 4 tax role in International Tax and Transfer Pricing, hybrid schedule, minimum GPA 3.0, no visa sponsorship. Check requirements and how to apply.
DISA 4.0 Is Coming: DISA 3.0 Candidates Get Last 4 Attempts from Nov 2026
ICAI is upgrading DISA 3.0 to DISA 4.0, and DISA 3.0 candidates now have only their last 4 attempts left, starting with the 28 November 2026 Assessment Test. New ISA 3.0 enrolment is closed. Here is who is affected, what stays the same, and how to prepare.
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News
ISA Eligibility Test Nov 2026: Date, Eligibility and How to Apply
ICAI will hold the ISA Eligibility Test on 14 November 2026 under the ISA 3.0 syllabus. Members who completed professional training by 31 July 2026 can register free for the first attempt on the ICAI Learning Portal. Face registration closes on 5 November 2026.
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News
ICAI Tender Guidelines 2026: No Bidding Without Minimum Fees (Effective Immediately)
ICAI has issued new Guidelines on Tenders dated 12th October 2026 with immediate effect. Members in practice cannot bid on tenders for reserved services without prescribed minimum fees. Key rules and FAQs.
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