Financial Management
What are the two parts of the CFP certification education requirement?
The CFP certification education requirement consists of two key components. First, candidates must complete coursework through a CFP Board registered program, covering essential topics like income planning, risk management, investments, retirement planning, and estate planning. This culminates in a capstone course where students create a comprehensive financial plan. Second, candidates must submit their bachelor's degree transcript for verification. The degree can be in any discipline and submitted at any time, even after taking the CFP exam. Notably, those with certain credentials may qualify for an accelerated path, allowing them to skip most coursework and proceed directly to the capstone course.
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Certified Financial Planner Board of Standards
00:00 - 01:34
What are the different types of revenue streams and why are they important for businesses?
Revenue streams represent the various ways businesses generate income, categorized as operating revenues (from core business activities like Coca-Cola selling drinks) and non-operating revenues (from side activities like interest, rent, and dividends). These streams follow different models: transaction-based (one-time payments), service (time-based billing), project (large one-time tasks), and recurring revenue (subscription or licensing fees). Understanding these revenue streams is crucial for financial analysts as they significantly impact business evaluation and forecasting. Each type has unique implications for cash flow predictability—recurring revenues provide consistent income, while transaction-based and project revenues fluctuate with demand. This knowledge helps analysts accurately evaluate business sustainability and develop appropriate forecasting models for different revenue types.
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Corporate Finance Institute
00:00 - 04:19
What is ROI and how is it calculated in project management?
Return on Investment (ROI) is a widely used measure of investment value in project management. It's calculated as the ratio of net income to total cost—specifically, (total income minus total cost) divided by total cost. This is typically expressed as a percentage by multiplying the fraction by 100. An ROI greater than 100% represents a positive return, indicating you get more out than you put in, while an ROI less than 100% represents a loss. Despite its popularity across business, public, and non-profit sectors, ROI has a key limitation: it doesn't account for the timing of costs and profits, which is especially important for long-term projects.
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Online PM Courses - Mike Clayton
00:06 - 03:33
Why do most startups fail?
According to Robin Banerjee, nine out of ten startups fail primarily due to three critical factors. First, they lack a Unique Selling Proposition (USP), often merely copying existing businesses without offering anything distinctive. Second, they have poor operations, failing to focus on customer usability and practical implementation of their ideas. Third, startups frequently fail in financial planning - they don't properly estimate how much money they need or understand basic financial requirements like maintaining sufficient cash balance. Additionally, many startups struggle with effective human resource management.
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K. K. Wagh Institute Nashik
13:15 - 15:03
Why do most startups fail in India?
Nine out of ten startups fail primarily due to three key factors. First, they lack a unique selling proposition (USP), often simply copying existing businesses like Flipkart or Amazon without offering anything distinctive to attract customers. Second, they have poor operational execution, failing to focus on practical implementation and customer usability. Third, they mismanage finances, often underestimating how much capital they need and failing to maintain adequate cash reserves for their first year of operation.
Watch clip answer (01:31m)K. K. Wagh Institute Nashik
13:15 - 14:46
What are the two key phases of personal finance according to Scott Galloway, and how should people approach them?
According to Scott Galloway, personal finance consists of two key phases: investing and harvesting. The investing phase occurs during younger years when individuals should save money to deploy capital that grows while they sleep, providing future security. During this phase, market downturns are actually beneficial as they create opportunities to purchase assets at lower prices. The harvesting phase comes later in life when one begins spending more than earning, living off accumulated investments. Galloway criticizes current economic policies that artificially support markets through government intervention, which prevents younger generations from experiencing the natural investment opportunities that market cycles would normally provide.
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TED
24:32 - 25:31