Detailed analysis of SFM_May_2011 Question paper !

CA Nagendra (CA) (1788 Points)

05 May 2011  

 

If we go through the discussion on “How was the SFM/MAFA paper for CA Final...???” on CA Clubindia, we found that most of the student are feeling that question paper was tough or bouncer etc.

 

But if we go through the question paper we will find that the question paper was easiest one. Anyone can solve 75 marks question easily.

Only two questions (i) currency swap and (ii) Capital budgeting with utilities; was new to the students. Otherwise all questions were either from past exam question or from Past RTP or from Study material.

 

Student takes easy topic lightly and invests more time on difficult topic. But trend become like that Most of the question was from easy topic like Dividend decision, mutual fund, leasing decision, Merger Acquisition, EVA etc. which was unexpected but so easy.

 

Hence always give equal importance to each topic. Wish you all the best.

 

Question wise detail analysis:

Question no.

Chapter

Reference

My class module question no.

Marks

1(a)

Portfolio

Based on concept of Q-21-RTP Nov-2009

Q No. - 53

5

1(b)

Derivative

Basic question on Risk Neutralization method

Q. No. – 10

5

1 (c)

Derivative

Q-17-RTP-June-2009

Q No – 47

5

1 (d)

Portfolio

Basic question based on CAPM

Q. No. 18 & 19

5

2(a)

Leasing Decision

Conceptual question (New one)

 

8

2(b)

OTC Derivative

New to the student

 

8

3(a)

Merger & Acq

Q-5, June-2009- New Syllabus (SFM)

Q No-2

8

3(b)

Capital budgeting

New area based on Utilities

 

8

4 (a)

Dividend decision

May-2005-Old syllabus (MAFA)

Q. No. 49

8

4 (b)

Mutual Fund

May-2006-Old Syllabus (MAFA)

Q. NO. 7

8

5(a)

Merger & Acq

Q-8, RTP-Nov-10

Q. No. 27

8

5(b)

EVA

Q-8, RTP- Nov-2009

Q. No. 17 (Miscellaneous chapter)

8

6 (a)

Dividend decision

Illustration-11: page 4.21 Study material

Q No -16

8

6(b)

Theory

 

 Class discussion covers 4 marks theory out of 8 marks

8

7 (a),(b),(c),(d), (e)

Theory

 

Class discussion covers all 16 marks Theory. Even Simulation is discussed in detail.

16