Pristine equity-participant-cfa-l2-v8

www.edupristine.com CFA Level II Equity Investments June 2011© Neev Knowledge Management – Pristine

Seminar Material Not for Sale Agenda • Introduction and context • Understanding the CFA Examination Structure • Introduction to Equity Investments – Valuation Concepts – FCFF and WACC Calculations • Complete Offering & Registration • Contact Information© Neev Knowledge Management – Pristine 2 www.edupristine.com

Pristine has been started by professionals with diverse experience in financial Material Seminar Not for Sale services, IT and Auto who are alumnus of IITs & IIMs Innovative content – To improve understanding & learning capability of students. VisualizeFRM, VisualizeCFA as one of the best selling products Topic Expert Model (TEM ) – Industry professionals bring invaluable industry perspective for students. Pool of 300+ working professionals as active faculty members with the likes of CFA regional directors, Presidents of various banks Pristine Classroom/ Online delivery (synchronous and Founded with an aim asynchronous) – To increase of creating world reach and improve efficiency of class professionals in learning. Conducted 15+ the area of finance – batches with over 300 hours of particularly risk recorded content management and Testimonial - 53% of the students join us on the investment banking basis of referral is a testimonial of the effective Effective training methodologies to improve the performance training methodologies of the students and enhance the employability© Neev Knowledge Management – Pristine 3 www.edupristine.com

Seminar Material Key Authorization Not for Sale CFA Institute (2010-11) GARP (2007-10) Authorized Training provider – CFA Authorized Training provider -FRM Pristine is now the authorized training provider Largest player in India in the area of risk for CFA Exam trainings . Pristine is largest management training. Trained 1000+ students training provider for CFA in India with presence in risk management across seven major cities. PRMIA (2009-10) FPSB India (2010-11) Authorized Training provider – PRM/ APRM Authorized Training provider -CFP Sole authorized training for PRM Training in An authorized Education Provider for India. Largest player in India in the area of risk Chartered Financial Planner Charter. management training. Trained 1000+ students in risk management© Neev Knowledge Management – Pristine www.edupristine.com

Seminar Material Key Associations* Not for Sale Bank Of America J. P. Morgan (2010) Mizuho (2010) Continuum Solutions (2010) Financial Modeling in Excel Financial Modeling in Excel Financial Modeling in Excel The Real Assets Group were trained in Bankers were using excel models that Associates were trained on valuation and Excel for infrastructure and real real-estate they could not understand. Conducted mergers and acquisitions modeling financial modeling in Excel trainings to bridge the gap Franklin Templeton Credit-Suisse India (2009) Suisse HSBC (2008) CFA (2010) Risk Management and Quant. Analysis Risk Management and Quant. Analysis Students were facing a gap in the IT Professionals of Credit Credit-Suisse India New joinees in HSBC had a gap in overall understanding of finance were trained on risk management. knowledge of Risk Management and topics like corporate finance, FSA and quantitative skills. Conducted trainings valuation. Provided training for over (On campus) to bridge the gap 100 hours to bridge the gap *Indicative List© Neev Knowledge Management – Pristine www.edupristine.com

Seminar Material …Key Associations Not for Sale FMS Delhi (2010) IIM Calcutta (2010) BITS Pilani (2009) Financial Modeling in Excel Financial Modeling in Excel Workshops on Basics of Finance Final Year MBA students of Faculty of Students about to go for internships and Management Studies, Delhi University Most of the students desire a career join jobs found a gap in their grasp of were trained in financial modeling so as knowledge of excel for financial in finance. Conducted training for to prepare them better for a job in modeling. Conducted training for 75+ 350+ students with an average rating finance. students with an average rating of 4.5+ of 4.5+ NISM (2008) Derivatives workshop for Hedging IIT Delhi (2009) Sydenham College (2009) Corporate in Ludhiana incurred huge Corporate finance Financial Modeling in Excel losses because of derivative trades Students get placed in finance Students about to join jobs found a (for hedging). Conducted trainings for companies (UBS, GS, MS, etc) with gap in their grasp of excel for financial directors and CFOs for better no understanding of the subject/ Job modeling. Conducted 40+ hours of understanding of derivative products Profile. Conducted workshop to training and helped students be ready bridge the gap for job© Neev Knowledge Management – Pristine www.edupristine.com

Seminar Material Not for Sale Trainer Paramdeep Singh, Director and Faculty, Pristine , • Extensive experience in the financial services, consulting and training domain. He has xtensive extensive knowledge of the financial services industry, where he raised growth capital for organizations and helped them improve their revenues. He has authored research papers and trained 1000s of senior people in the area of financial modeling, quantitative analysis and risk management. •Prior to founding Pristine, Paramdeep has worked in senior management positions as an Investment Prior Banker with Standard Chartered Capital Markets (India) and as a consultant with Accenture Management Consulting. • Work experience as Industry Practitioner • Consultant to Reliance Energy (Power), strategizing their growth and cutting down the losses in energy distribution. He has helped them formulate their business plan. • Assisted clients in raising capital through Private Equity & IPO by analyzing & modelling business plans, preparing IM/DRHP, ensuring regulatory compliance and marketing the issue. He has Successfully placed two IPOs worth Rs. 100 Crore & achieved subscription of 32 & 11 times. • Experience as Trainer • He has trained participants from HSBC, JP Morgan, Mizuho Bank , ING Vysya, Bank of America for financial modelling in excel, receiving very good rating. • Has conducted workshops and training courses in IIM Calcutta, Sydenham, Welingkar on financial modelling in Excel receiving rave reviews • Published research papers & articles in leading news papers in the field of risk management and Basel II accords, which are now used by leading banks as reference material. • Paramdeep is an MBA from IIM Indore, where he secured the highest CGPA in his batch. He has , completed his B. Tech and M. Tech in Mathematics and Computing from IIT Delhi© Neev Knowledge Management – Pristine www.edupristine.com

Seminar Material Not for Sale CFA – Your Clear Interest in finance • CFA charter provides you with a strong foundation for a variety of career choices in the investment profession – Interested in portfolio management, investment research, advisory services, or investment banking, you will benefit from a CFA charter * CFA Institute website My Personal Experience: Many jobs with preference for CFA + MBA (specially for Non CA background)© Neev Knowledge Management – Pristine www.edupristine.com

Seminar Material Not for SaleCourse Structure Topic Area Level II Ethical and Professional Standards 10 Investment Tools (Total) 30 – 60 ‒ Financial Reporting and Analysis 15 – 25 ‒ Corporate Finance 5 – 15 ‒ Economics 5 - 10 ‒ Quantitative Methods 5 – 10 Asset Classes (Total) 35 – 75 ‒ Equity Investments 20 - 30 ‒ Fixed Income 5 – 15 ‒ Derivatives 5 – 15 ‒ Alternative Investments 5 - 15 Portfolio Management 5 - 15 Requires 200-250 Hours of studies 250© Neev Knowledge Management – Pristine www.edupristine.com

Seminar Material Not for Sale Way to CFA • Each exam is six hours long and is split between morning and afternoon sessions. There is a two two- hour lunch break at the end of the morning session. – The Level I exam is composed of multiple-choice questions and is offered in June and December. choice – The Level II exam is composed of item-set questions and is offered in June only. set – The Level III exam is composed of item-set and essay questions and is offered in June only. set • Score matrix provided on the exam results is an indicator of overall performance – The “<=50%” range is considered poor; – “51%–70%” is considered poor to average; – “>70%” is considered average to above average Key to crack CFA Level II is by doing well in Equity, Ethics and FRA© Neev Knowledge Management – Pristine www.edupristine.com

Seminar Material Not for Sale Fees Structure Levels II - Deadlines by 16 February by 16 March Program Enrollment $405 $490 (new Level I only) Exam Registration $720 $970 eBook + Print $50 $50 Total $1,175 $1,510 CFA Institute now offers three options to all its candidates You can either choose to obtain the candidates. curriculum in i) eBook form; ii) Print form or iii) Both eBook and in Print Suppose a candidate chooses to enroll by 16th Feb and chooses the e-book version then her total cost will be = 405 + 720 – 40 = $1085. If she had taken the print version she will pay 405+720+20(shipping charges) = $1145© Neev Knowledge Management – Pristine 12 www.edupristine.com

Seminar Material Not for Sale Concept Case Given the following information regarding company XYZ Beta of Company XYZ 1.4 Risk Free rate 7.1% Market Risk Premium 4.2% Cost of Debt 10.7% Tax Rate 35% Market Value of Debt $270 mn Market Value of Equity $310 mn Company XYZ has made a net profit of $24mn in 2010. While the only non cash charge is depreciation expense which is $7.5mn. The interest expense is $4mn and the tax rate is 35%. Fixed capital expense in the year was $8.2mn while the working capital expense was $3.5mn.© Neev Knowledge Management – Pristine 14 www.edupristine.com

Seminar Material Not for Sale Valuation Concepts • Intrinsic Value This is the true value of an asset given a complete understanding of its investment characteristics. • Going-concern Assumption The assumption that the company will continue its business into the foreseeable future. • Liquidation Value This is the value if the assets were dissolved and its assets sold individually. • Fair Value This is the price at which an asset will sell if both the buyer and seller are not under any compulsion to act.© Neev Knowledge Management – Pristine 15 www.edupristine.com

Seminar Material Not for Sale Concept Checker 1. The fair value of a firm is the price at which an asset will sell if both the buyer and seller are under no compulsion to act while the intrinsic value is the value obtained when the assets are liquidated. The two statements are most likely Fair Value Intrinsic Value A Correct Correct B Incorrect Correct C Correct Incorrect© Neev Knowledge Management – Pristine 16 www.edupristine.com

Seminar Material Not for Sale Valuation Process© Neev Knowledge Management – Pristine 17 www.edupristine.com

Seminar Material Not for Sale Valuation Models Valuation Relative Absolute Valuation Valuation • Equity Valuation • Equity Valuation ‒ P/ E Multiples ‒ Free Cash Flow to Firm (FCFF) • Enterprise Valuation • Enterprise Valuation ‒ EV / EBITDA Multiple ‒ Free Cash Flow to Equity (FCFE) ‒ EV / Sales Multiple ‒ Dividend Discount Method (DDM) • Multiples can be calculated from both trading comps or transaction comps • Enterprise Value Enterprise Value, calculated as sum of Cash Equity and Net Debt Debt Net Debt1 Assets • Equity Value Assets Equity Equity Value calculated Equity as No of shares multiplied by Share Price • 1 Net Debt = Debt - Cash© Neev Knowledge Management – Pristine 18 www.edupristine.com

Seminar Material Not for Sale Case Questions 2. An analyst reviewing Company XYZ is most likely use the free cash flow model if A. The company is an acquisition target B. The company pays dividends C. The company is being valued from the position of a minority investor© Neev Knowledge Management – Pristine 19 www.edupristine.com

Seminar Material Not for Sale Discounted Cash Flow Approach DCF Cash Flow Timing Expectations Re FCFF FCFE Dividend WACC n CFi Rf Market Firm Value   Premium i 1 (1  Cost Of Capital ) i β(Rm – Rf)© Neev Knowledge Management – Pristine 20 www.edupristine.com

Seminar Material Not for Sale Weighted Average Cost of Capital (WACC) • The WACC is the weighted average of the after tax required rate of return for equity and debt. rd*(1-tax) Market Value of Debt Market Value of Equity re WACC MV ( Debt ) MV ( Equity ) WACC  * rd * (1  tax rate)  * re MV ( Debt )  MV ( Equity ) MV ( Debt )  MV ( Equity )© Neev Knowledge Management – Pristine 21 www.edupristine.com

Seminar Material Not for Sale Concept Checker 3. For the company XYZ what is the closest value of WACC A. 10.18% B. 12.45% C. 11.25%© Neev Knowledge Management – Pristine 22 www.edupristine.com

Seminar Material Not for Sale Absolute Valuation Technique • Free Cash Flow to Firm (FCFF) • Free Cash Flow to Firm represents the cash flows to the enterprise, which includes cash flows to both debt and equity investors • FCFF is calculated as: • FCFF = EBIT X (1 – Tax Rate) + Depreciation – Capex – Increase in Working Capital • FCFF has to be discounted by the Weighted Average Cost of Capital (WACC) of the company, to arrive at the enterprise value • Free Cash Flow to Equity (FCFE) • Free Cash Flow to Equity represents the cash flows to the equity investors only, after servicing obligations towards debt investors • FCFE is calculated as: • FCFE = PAT + Depreciation – Capex – Increase in Working Capital + New Debt Issues – Principal Payment on Debt • FCFE has to be discounted by the Cost of Equity to arrive at the equity value© Neev Knowledge Management - Pristine 23 www.edupristine.com

Seminar Material Not for Sale Free Cash Flow to Firm (FCFF) • Free Cash Flow to the Firm is the cash flow available to the company’s suppliers of capital after all operating expenses and investments in working capital and fixed capital has been made. Int * ( 1- tax) FC Investment WC Investment Non Cash Charges F C Net Income F F© Neev Knowledge Management – Pristine 24 www.edupristine.com

Seminar Material Not for Sale Case Questions 4. The free cash flow to the firm for Company XYZ is closest to A. $10.8 mn B. $22.4 mn C. $21.2 mn© Neev Knowledge Management – Pristine 25 www.edupristine.com

Seminar Material Not for Sale Free Cash Flow to Equity (FCFE) • Free Cash Flow to Equity is the cash flow available after all the obligations to other investors has been met. Net Borrowing Int * ( 1- tax) F F C C F F E F© Neev Knowledge Management – Pristine 26 www.edupristine.com

Seminar Material Not for Sale Case Questions 5. Assuming that the net borrowings during the year is $15mn. The free cash flow to equity is closest to A. $34.8 mn B. $39.7 mn C. $42.2 mn© Neev Knowledge Management – Pristine 27 www.edupristine.com

Seminar Material Not for Sale Value of the Firm • Value of the firm is then calculated as the present value of future free cash flow to the firm discounted at the weighted average cost of capital. FCFF0 FCFF1 FCFF2 FCFF3 FCFF4 ……….. FCFFn n FCFFi FCFF0 * (1  g ) Firm Value    i 1 (1  WACC ) i WACC  g Equity Value  Firm Value  Net Debt© Neev Knowledge Management – Pristine 28 www.edupristine.com

Seminar Material Not for Sale Case Questions 6. Assuming that the FCFF is expected to grow at a constant 4% rate for infinity. The firm value is closest to (Assume that the WACC is 10.2%) A. $107.8 mn B. $225.4 mn C. $375.7 mn© Neev Knowledge Management – Pristine 29 www.edupristine.com

Seminar Material Not for SaleAbout CFA Prep School School for CFA Prep is a 100 Hrs extensive training program* that can enable you to prepare for and crack CFA Level II Examination www.edupristine.com

Seminar Material Not for SaleAbout CFA Prep School • Extensive 100 Hours coverage • 16 days 5 hrs of regular classes • 3 days 5 hrs of revision classes School for CFA Prep is • 2 Mock tests a 100 Hrs extensive training program* that can enable you = • Extensive Question Bank to prepare and Practiceto prepare for and crack CFA Level II Exam • 2 Hrs of one-to-one doubt clearing sessions* • Qualified faculty with extensive industry and teaching experience www.edupristine.com

Seminar Material Not for SaleAbout CFA Prep School • Proven credentials in successfully training CFA aspirants • Actionable and Innovative Material School for CFA Prep is • Complete Slide Pack a 100 Hrs extensive training program* that can enable you = • • Each Session followed by Quiz Adaptive feedback based on Quizto prepare for and crack CFA Level II Exam • Mock tests and feedback • Individual doubt solving session • CFA Visualized Formula Charts • Summarized Recordings for revision www.edupristine.com

Seminar Material Not for SaleTentative Schedule for CFA Level II – Online Date Day Topic 26-Feb-11 Sat Quant 27-Feb-11 Sun Economics 05-Mar-11 Sat Financial Reporting & Analysis -I 06-Mar-11 Sun Financial Reporting & Analysis -II 12-Mar-11 Sat Financial Reporting & Analysis -III 13-Mar-11 Sun Corporate Finance-I * Indicative list – Subject to Change www.edupristine.com

Seminar Material Not for SaleTentative Schedule for CFA Level II – Online (cont…..) Date Day Topic 26-Mar-11 Sat Corporate Finance-II 27-Mar-11 Sun Equity Investments-I 02-Apr-11 Sat Equity Investments-II 03-Apr-11 Sun Equity Investments-III 09-Apr-11 Sat Equity Investments-IV 10-Apr-11 Sun Fixed Income Investments Investments-I * Indicative list – Subject to Change www.edupristine.com

Seminar Material Not for SaleTentative Schedule for CFA Level II – Online (cont…..) Date Day Topic 16-Apr-11 Sat Fixed Income Investments-II 17-Apr-11 Sun Derivatives-I 23-Apr-11 Sat Derivatives-II 24-Apr-11 Sun Alternative Investments 30-Apr-11 Sat Portfolio Management * Indicative list – Subject to Change www.edupristine.com

Seminar Material Not for SaleHow it works? 1 2 3 4 5 You signup for the program by making payment of USD 1000* www.edupristine.com

Seminar Material Not for SaleHow it works? 1 2 3 4 5 Start Preparation with material and Live Interactive Class www.edupristine.com

Seminar Material Not for SaleHow it works? 1 2 3 4 5 Work on the Problem sets/ Quizzes adapting preparation Style www.edupristine.com

Seminar Material Not for SaleHow it works? 1 2 3 4 5 Give Mock Tests/ Ask Doubts/ Revise and Complete Preparation www.edupristine.com

Seminar Material Not for SaleHow it works? 1 2 3 4 5 Plan and Achieve Success in CFA Level II Exam www.edupristine.com

Seminar Material Not for SaleMethodology Each topic will be explained through Conceptual Discussion, Examples, Tests, Quizzes, Actionable Presentations, Visualized Charts and Q&A www.edupristine.com

Seminar Material Not for Sale Sample Innovative Material Probability Distributions Normal Distribution Binomial Distribution Normal Skewness and Z-Score Score Distribution Kurtosis • Described by mean & variance No. of σ a given • Symmetric about its mean observation is away • Standard Normal Distribution from population mean. - Mean = 0; Variance =1 Z=(x-µ)/σ Q. At a particular time, the market value of assets of the firm is $100 Mn and the market value of debt is $80 Mn. The 68% of Data standard deviation of assets is $ 10 Mn. What is the distance to default? Ans. z = (A-K) / σA 95% of Data = (100-80)/10 =2 99.7% of Data -4 -3 -2 -1 0 1 2 3 4 Q. Which of the following is likely to be a probability distribution function? For X=[1,2,3,4,5], Prob[Xi]= 49/(75-Xi2) If Z is a standard normal R.V. An event X is defined to happen if either -1< Z < 1 or For X=[0,5,10,15], Prob[Xi]= Xi/30 Z > 1.5. What is the prob. of event X happening if N (1) =0.8413, N (0.5) = 0.6915 For X=[1,4,9,16,25], Prob[Xi]= [(X i)1/2 – 1]/5 and N (-1.5) = 0.0668, where N is the CDF of a standard normal variable? Ans. P(X)= P(-1< Z < 1) + P(Z > 1.5) Ans. The correct answer is For X=[0,5,10,15], Prob[Xi]= Xi/30 = N(1)-(1-N(1)) + N(-1.5) = 2*0.8413-1 + 0.0668 For all values of X, probability lies within [0,1] and sum of all the = 0.7494 probabilities is equal to 1. -1 +1 1.5© Neev Knowledge Management – Pristine 43 www.edupristine.com

Seminar Material Not for Sale Sample Innovative Material Hypothesis Testing Null Alternative Confidence Intervals Hypothesis Tests One tailed Two Tailed test HYPOTHESIS:H0 Hypothesis: Ha (CI) for Variances Test Hypothesis that Concluded if there is Range of values within which Test if the value is greater Test if the value is the researcher significant evidence H0 Cannot be rejected (say than or less than K different from K wants to reject to reject H0 90% or 95%). H0; µ<=K vs. Ha: µ>K H0; µ=0 vs. Ha: µ≠ 0 Known variance, 2 Tailed test, Type 1 error: rejection of H0 when it CI is: X”± zα/2(σ/√t) 0.2 0.2 is actually true 0.15 0.15 Type 2 error :Fail to reject H0 when 0.1 α= 0.05 0.1 it is actually false α= 0.025 α= 0.025 0.05 0.05 Inference Real State of Affairs Based on 0 0 Sample Data H0 is True H0 is False -5 Z=0 0 Z=2.5 5 Reject H0 -5 Z=0 Reject H0 Reject H 0 Do not Reject H0 Type II error Do not Reject H0 Correct decision H0 is True Confidence level = 1-  P (Type II error) =  Correct decision Tests for a Single Tests for a two Type I error Population Variances Population Variances Q. If standard deviation of a H0 is False Significance level = * Power = 1- normal population is known to be 10 & the mean is hypothesized *Term  represents the maximum probability of committing a Type I error Chi-Square test F test to be 8. Suppose a sample size of 100 is considered. What is the range of sample means in which hypothesis can be accepted at Q. Co. ABC would give bonus to employees, if they get a H0: σ2 = c H0: σ12 – σ22 = 0 significance level of 0.05? HA: σ2 ≠ c HA: σ12 – σ22 ≠ 0 Ans: SE =  = 10/√100 =1 rating higher than 7/10 from customers. A random sample n of 30 customers is conducted with rating of 7.1/10. (n  1)s 2 s2 z = (x-µ)/ SE 2  F 1 Formulate Hypothesis? s2 = (x-8)/1 σ2 2 At 95% -1.96<z<1.96 • Null Hypothesis: H0: Mean<=7 Therefore 6.04<x<9.96 • Alternate Hypothesis : H1: Mean>7 Upper tail test: H0: σ12 – σ2 2 = 0 H0: σ2 ≤ σ02 HA: σ12 – σ22 ≠ 0 • Statistic to be measured: t-statistic, with 29 DoF HA: σ2 > σ02  /2 2 Do not reject H0 Reject H0 F  2 Do not Reject H 0 reject H0 F/2© Neev Knowledge Management – Pristine 44 www.edupristine.com

Seminar Material Not for SaleWhat to expect at the end? Towards the end of School for CFA Prep* You will be able to learn the topics related to CFA Level II Exam You will know how to solve the questions asked in CFA Level II Exam You will get an industry perspective of the topics You will get a certificate of participation *assuming you follow the program and practice assuming www.edupristine.com

Seminar Material Not for SaleCost of the Program USD 795 USD 650 For individual registrations For participants joining in groups of 5 or more www.edupristine.com

Seminar Material Not for SaleContact Details Questions & Doubts? Please e-mail me at paramdeep@edupristine.com or visit http://www.edupristine.com or call +91 989 298 0608 www.edupristine.com

Seminar Material Not for Sale To Register • Wire Transfer – Bank Name: HDFC Bank – Country: India – Swift Code: HDFCINBB – Account Name: Neev Knowledge Management Pvt Ltd – Account Number: 00602560008449 • PayPal to PayPal (Preferred) – Create a Personal PayPal account (it is free) – After Logging in, click on tab "My Account" and then on "Profile". Link PayPal account with your credit card or bank account – Click on the tab "Send Money" – In the "To" tab enter the email id - pristinecareers@eneev.com – Pay the fees as per package required. • Credit Card to PayPal – You can make the payment from your credit card to PayPal account. – Please make the payment to email id - pristinecareers@eneev.com© Neev Knowledge Management – Pristine www.edupristine.com

Seminar Material Not for Sale Other Pristine Offerings Course Classroom Online Content Crash Hours of Accreditation Price Trainings Trainings Course/ Training Mock Test CFA Level I All* + Yes Original Yes 100 Under Process USD 1000; Singapore** INR 17,950 CFA Level II Mumbai, Delhi From 2010 Original From 2010 80 Under Process USD 1000; INR 16,950 FRM Level I All + Yes Original Yes 75 GARP USD 495; Singapore INR 12,950 FRM Level II Mumbai, Delhi Yes Original Yes 60 GARP USD 495, INR 9,950 PRM All + Yes Original Yes 135 PRMIA USD 795, Singapore INR 20,000 APRM Corporate From 2010 Original Yes 80 PRMIA INR 10,000 Financial Mumbai, Delhi, Yes Original NA 50 - INR 18,000 Modeling Bangalore Finance for Mumbai No Original NA 50 - INR 45,000 Lawyers CFP Mumbai, Delhi Yes Original NA 120 Under Process INR 20,000 Placement Colleges No Original NA 150 Not Required INR 12,000 Oriented Training *All cities include Mumbai, Delhi, Kolkata, Chennai, Bangalore, Pune and Hyderabad ; ** Singapore class room trainings to com commence from© Neev Knowledge Management – Pristine June 2010 www.edupristine.com

Seminar Material Not for Sale Contact Contact Phone Email Unmesha Tawde +91 982 043 2652 unmesha@edupristine.com Paramdeep Singh +91 989 298 0608 paramdeep@edupristine.com Atul Kumar +91 932 2194 932 atul@edupristine.com© Neev Knowledge Management – Pristine www.edupristine.com

http://www.edupristine.com	152
http://pristinecareers.com	9
http://localhost	1

Pristine equity-participant-cfa-l2-v8

by Pristine Careers on Feb 14, 2011

Accessibility

Categories

Upload Details

Usage Rights

3 Embeds 162

Statistics

Pristine equity-participant-cfa-l2-v8 Presentation Transcript