Thursday 12 July 2012

Mir Jafar

Mir Jafar

Mir Muhammed Jafar Ali Khan, formal title Shuja-ul-Mulk, Hashim ud-Daula, Nawab Ja'afar Ali Khan Bahadur, Mahabat Jang commonly known as Mir Jafar, second son of Sayyid Ahmad Najafi, (1691–February 5, 1765) was Nawab of Bengal, Bihar and Orissa. 

He is also known by Indians as Gaddar-e-Abrar (which translates in English as 'The Traitor of Faith'). He succeeded Siraj-Ud-Daulah as the eighth Nawab of Bengal, and the first of the Najafi dynasty after deceiving Nawab Siraj-Ud-Daulah and surrendering his army in battle field against Robert Clive. His rule is widely considered the start of British rule in India and was a key step in eventual British domination of the country. His lust to become Nawab of Bengal led him to make a secret pact with Robert Clive and surrender & slaughter the Army of Bengal in the Battle of Plassey, without fighting, which led to foundation of British rule in India. For his act of treachery, in Bengali, the word 'Mir Jafar' is now synonym for 'Traitor' and he has been infamously called Gaddar-e-Abrar ("Betrayer of the true Faith") in hindi and urdu. 

Allama Iqbal had written poetry on him, 

"Mir Jafar o bengal Mir sadiq o deccan nange deen, nange adam, nange watan" 

which mean Mir Jafar of Bengal and Mir Sadiq of Deccan are disgrace to the faith, disgrace to humanity, disgrace to the nation. 

Mir Jafar had set an example that an individuals greed can bring an entire nation to slavery and hardship. British with the help of Mir Jafar and Mir Sadiq were able to conquer Bengal and kingdom of Mysore (Sultanat-e-Khuda daad).

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Syud Mir Muhammed Jafar Ali Khan, formal title 'Shuja ul-Mulk, Hashim ud-Daulla, Nawab Ja'afar Ali Khan Bahadur, Mahabat Jang (Hero of the Country, Sword of the State, Horror in War)' commonly known as Mir Jafar,  belonged to the Syud dynasty. 

Hazrat Ali, the son-in-law of Hazrat Muhammad (PBUH), was the 30 th predecessor of Mir Jafar. Hazrat Ali buried in Iraq. Mir Jafar's fathers name was Syud Ahmed Najafi and his grandfather's name was Syud Hussain Najafi. Mir Jafar's grandfather Syud Hussain Najafi was the caretaker of the world famous fabulously decorated mausoleum of Hazrat Ali. 

In 1677 AD Aurangzeb went to Mecca on pilgrimage and met Hussain Najafi. Aurangzeb was impressed seeing his depth of knowledge and personality; and brought him to Delhi, appointing him as Kazi-a-Koajud (Chief Justice of Supreme Court).

Ahmed Najafi married the daughter of Dara who was the elder brother of Aurangzeb (captured and killed by Aurangzeb), and their son was Mir Jafar. Dara's wife was the daughter of Rana Jaswant Singh of Chitore. Mir Jafar married Shah khanum the niece of Alivardi Khan, and their elder son was Miran. Alivardi raised Mir Jafar to the post of bakhshi, a position next only to the nawab himself.

Mir Jafar married (first) at Murshidabad on 1727, Shah Khanum Sahiba (half-sister of Nawab Alivardi Khan and daughter of Shah Quli Khan [Mirza Muhammad Madani]). She died at Jafarganj Palace, Murshidabad on August 1779 and was burried at Jafarganj Cemetery. Married (second) H.H. Babbu Begum Sahiba (Gaddinashin Begum) daughter of Sammen Ali Khan by Bisu. She died at Murshidabad in 1809, burried at Jafarganj Cemetery. Married (third) in 1746, H.H. Munny Begum Sahiba, a former dancing girl in the household of Sammen Ali Khan. (she died at Murshidabad on 10 th January 1813, burried at Jafarganj Cemetery). He also had Mut'ah wife Rahat-un-nisa begum. Mir Jafar had six sons and six daughters.
 

Mir Jafar Ali Khan
Shuja ul-Mulk, Hashim ud-Daula, Nawab Ja'afar 'Ali Khan Bahadur, Mahabat Jang, Nawab of Bengal, Bihar and Orissa

Mir Jafar (left) and one of his sons, Mir Miran (right).
Reign 1757–1765
Full name Mir Muhammed Jafar Ali Khan
Born 1691
Died February 5, 1765
Predecessor Siraj-ud-Daulah
Successor Mir Qasim, Najimuddin Ali Khan
Consort to Munny Begum (d. January 10, 1813) and Babbu Begum (d. 1809)
Wives Shah Khanam
Muni Begum
Offspring Najimuddin Ali Khan
Najabut Ali Khan
Ashraf Ali Khan
Mubaraq Ali Khan
Dynasty Najafi
Father Sayyid Ahmad Najafi
Religious beliefs

 

Monday 2 July 2012

Chartered Financial Analyst Level 3

Chartered Financial Analyst Level 3

Formarly

Association for Investment Management and Research (AIMR))


Level III explores portfolio management in great depth. 
You must demonstrate a working knowledge of the portfolio management process, from 
  • calculating investor constraints, 
  • objectives, and
  • capital-market expectations to 
  • making asset-allocation decisions.

Exam Details

 Time Limit: 6 hours 

Number of Questions: 10-15

Passing Score: Varies Anually

Format: Item Sets and Essay

Corequisites: After CFA level 3, required to have at least four years of experience in a related field.



CFA Exam Topic Area Weights

Topic Area Level I Level II Level III
Ethical and Professional Standards (total)151010
Investment Tools (total)5030-600
Corporate Finance85-150
Economics**105-100
Financial Reporting and Analysis2015-250
Quantitative Methods125-100
Asset Classes (total)3035-7535-45
Alternative Investments35-155-15
Derivatives55-155-15
Equity Investments1020-305-15
Fixed Income125-1510-20
Portfolio Management and Wealth Planning (total)55-1545-55
Total 100 100 100

 
Please note that some topics are combined for testing purposes.

**Economics is part of Portfolio Management at Level III.
 

The format of the exam, which is only offered in June, is a mix of item set questions (similar to Level II) and essay type questions

the Level III exam is also conducted in two parts - the morning and afternoon session. In the morning session, there are 10 to 15 essay type questions. Each question consists of multiple parts such as A, B, C, etc., which help you organize your answer in a template. These questions may provide you with a situation and ask you to develop your own recommendation or solution. In the afternoon session, there will be 10 item sets. Each item set consists of a case statement followed by six multiple-choice questions. The exam is graded for 360 points, which corresponds to one point per minute.

the focus of the exam is on portfolio management and wealth planning, but it also covers seven topics that are grouped into two other areas, namely, Ethical and Professional Standards and asset valuation.


Topic Area Level III
Ethical and Professional Standards (total) 10
Investment Tools (total) 0
Corporate Finance 0
Economics* 0
Financial Reporting and Analysis 0
Quantitative Methods 0
Asset Classes (total) 35-45
Alternative Investments 5-15
Derivatives 5-15
Equity Investments 5-15
Fixed Income 10-20
Portfolio Management and Wealth Planning (total) 45-55
Total 100

The investment tools are not tested separately, except economics, which is a part of the portfolio management and wealth planning section. The majority of the exam revolves around portfolio management and asset classes in the portfolio context.

CFA Program Scholarships

 

CFA Program Scholarships for 2012

Access Scholarships - Available for 2013 Exams

a needs-based scholarship opportunity for those unable to afford the full price of the CFA Program enrollment and registration fees.

  • The scholarship application deadline for both the June 2013 and December 2013 exams is 31 August 2012.
  • Access scholarship awards reduce CFA Program enrollment and exam registration fees to $250, including the CFA Program eBook. (Scholarship candidates are responsible for any additional costs for substituting or adding the print option, including curriculum and shipping costs plus any applicable taxes and import duties.)
  • Up to 2,500 scholarships will be awarded to CFA Program applicants each calendar year.

 If you receive a scholarship, you must register and sit for the exam in the relevant exam year awarded or you may be ineligible for future Access Scholarships. In cases where a candidate's financial situation changes, Access Scholarship applicants can withdraw their application from consideration before 31 October of the year in which they submit their application.


CIMA Gateway

CIMA Gateway 

Managerial Level
Subject Topics Marks
P2 – Performance Management Cost Planning And Analysis Of Competitive Advantage 25%
E2 – Enterprise Management Project Management 25%
F2 – Financial Management Group Financial Statement 25%
P2 – Performance Management
E2 – Enterprise Management
F2 – Financial Management
MCQ’S 25%
TOTAL 100



  Book: Management Accounting Decision Management (P-2)

  If you pass the CPGA, you will be granted 11 exemptions (no charge for exemptions) from CIMA’s certificate, Operational and Management level exams.

Upon passing the Gateway examination you will be awarded the CIMA Advanced Diploma in Management Accounting.

For a fee of £120 you can sit the CIMA Management Accountants Gateway which includes:
Student registration  =  £70
Exam registration      =  £50 

Examination fee structure for the rest of the 4 papers that has to be given after clearing CIMA Management Accountants Gateway exam are:
Strategic Level:      £85 per subject
TOPCIMA:               £107
 

Deadlines:
  • 31st Jan 2012 for May Exam Diet
  • 31st Jul 2012 for Nov Exam Diet
After the whole process of registration, scan the following below document and directly send it to documents@cimaglobal.com      

 CIMA GLOBAL


CIMA 2011 syllabus structure as follows:
There are total 15 papers, divided into 5 levels, which are as follows:
Certificate in Business Accounting
C01 – Fundamentals of Management Accounting
C02 – Fundamentals of Financial Accounting
C03 – Fundamentals of Business mathematics
C04 – Fundamentals of Business Economics
C05 – Fundamentals of Ethics, Corporate Governance and Business Law
Operational Level
P1 – Performance Operations
E1 – Enterprise Operations
F1 – Financial Operations
After completing Operational level
(Awarded Diploma In Management Accounting)
Managerial Level
P2 – Performance Management
E2 – Enterprise Management
F2 – Financial Management
After completing Management Level
(Awarded Advance Diploma In Management Accounting)
Strategic Level
P3 – Performance Strategy
E3 – Enterprise Strategy
F3 – Financial Strategy
TOPCIMA
T4 - (Test of Professional Competence in Management Accounting)