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CAT 2009 will not be a Computer Adaptive Test

July 23rd, 2009 | No Comments | Posted in Uncategorized

FireUp prepares you for the exact test format of CAT as clarified by IIM Ahmadabad.

CAT 2009: Frequently Asked Questions (1 July 2009)

Q1: I hear that CAT will be held online. Is that correct?

A1: CAT is going to be a computer based test (CBT) and not internet based test (IBT). I.e. Candidate does not take the test on an internet site. Instead of reading the questions in a paper booklet and darkening the ovals on the answer-sheet, a candidate will read the questions on a computer terminal and choose an answer by clicking on the correct option.

Q2: I hear that CAT will be a computer adaptive test. Is that correct?

A2: No, CAT is not going to be a computer adaptive test.

Q3: Will the format of the test change?

A3: The format of the test will remain more or less the same except that a candidate reads question on a computer terminal and clicks on the correct answer.

Q4: Can I take the test from any computer?

A4: No. A candidate will take the test only at designated test venues in about 25 cities across India. Detailed information will be provided in the CAT 2009 advertisement.

Q5: But how do I do rough-work and calculations while arriving at the answers?

A5: At the test venue, each candidate will be seated at a desk with a computer terminal and he/she will be provided with a writing pad with numbered pages for calculations. After the test, candidate must leave the pad including all the pages in it at the desk. Rough-work cannot be done on any other paper/sheet as nothing will be allowed to be taken inside the test hall.

Q6: Can you give more details on taking test in a CBT format?

A6: We will be giving more details at a later stage.

Q7: But when is the CAT 2009 advertisement going to appear in newspapers?

A7: Advertisement for CAT 2009 will appear during the later part of August 2009.

Q8: How much is the test fee for CAT 2009 and how do I pay?

A8: Candidate Testing Fee is Rs. 1400 (Rs. 700 for SC/ST candidates). A prospective candidate buys a CAT 2009 Voucher from designated locations/bank branches after advertisement appears in newspapers. Sufficient time will be given for purchasing the voucher. More details will be available on our websites after the advertisement appears in newspapers.

Q9: How do I register for CAT 2009?

A9. The Voucher bought by the candidate gives instructions on how to register for CAT 2009. At this time, it would suffice to say that candidates are expected visit CAT website to register for CAT 2009. Sufficient amount of time will be given to register online. More details will be given in the advertisement and the voucher.

Q10: How do I get my admit card for the test?

A10: After you fill-in, review, and submit the registration information during online registration, you will receive an email containing your Admit Card.

Q11. Does that mean I need to have an E-mail account?

A11. Yes, you must have a valid E-mail account throughout the selection process.

Q12: What do I need to bring at the time of test?

A12: You must bring the printed copy of the admit card, one picture ID, and any other ID not necessarily with a picture. Do not bring any other material and personal belongings with you, for no personal belongings and materials will be allowed in test-hall. More details will be provided later.

Q13: Can you please tell me when will the CAT 2009 be conducted?

A13: CAT 2009 will be conducted during a ten-day window starting at the end of November 2009. Exact dates will be mentioned in the advertisement.

Q14: Can I take CAT more than once during the testing window?

A14: No, a candidate can register to take test only once during the CAT 2009 testing window. Admit cards and picture ids of the candidates will be checked, and candidate pictures and biometric information will also be captured at the test venue.

Q15: When are CAT 2009 result expected to be declared?

A15: CAT 2009 results are expected to be declared by the end of January 2010. Exact date of result declaration will be informed at a later stage.

Q16: When will we get more updates?

A16: Any important developments may be posted on IIM sites and CAT website about a month later.

Click here for the source

FireUp is the brain child of an IIM alumni

July 22nd, 2009 | 4 Comments | Posted in Uncategorized

FireUp is the brain child of an IIM alumni Mr.Vineet Patawari, who has followed his heart to make a paradigm shift in the entire education system and brought www.fireup.co.in into existence. It started as an online portal and soon earned the honour of the “Most comprehensive CAT coaching portal” on the web. Keeping track with its incipient popularity, FireUp is moving towards wider horizons with activities in offline front as well considering the fact that unavailability of resources like Computer and internet connection may restrict some young aspirants from online preparation.

The online portal www.fireup.co.in tops the high value services list currently provided by team Fire Up . A user friendly site aimed at the ignition of inner spark of all the CAT aspirants. Uses of AJAX,PHP,WEB 2 colours and Applications makes it a highly technical one. Rich and meticulous content, Online Test series, Interactive Games, sectional tests on each module, and details of user performance analysis surely make the site unique.

Encouraged by the success of the startup venture, Mr. Patawari decided not to restrict the ambit of FireUp only within the CAT coaching. He decided to empower young students with faster calculation techniques and magical mathematical tricks that is in use since the age of “Veda”. Today FireUp organizes “Vedic MathsSeminars” under it’s own brand in premium schools and colleges of India.

FireUp’s “Soft Skill Builder” is one of the most interesting and awaited upcoming venture which is aimed at not only improving the Soft skills of the student , but also designed to make them accustomed to Real time Group Discussion, Extempore, Role Play and other soft skills builder techniques.

Vedic Mathematics Workshop in Kolkata on 19-20 July

July 13th, 2009 | No Comments | Posted in Uncategorized

We are very pleased to announce that fireup.co.in is conducting a workshop on VEDIC MATHEMATICS on this Sunday and Monday, 19th and 20th July, 2009

The workshop will be on VEDIC MATHEMATICS [quicker calculation techniques that would help you to increase your calculation speed tremedously sharpen your intellect. The seminar will be conducted by Prof. Vineet Patawari (B.COM (H), ACA, PGDM), a passout of the esteemed Indian Institute of Management, Indore. He has conducted various seminars and workshop in city schools and colleges. He is spreading the popularity of Vedic Mathematics worldwide through www.QuickerMaths.com

Seminar Details

Days & Dates – Sunday and Monday, 19th and 20th July, 2009
Time – 10.30 am to 1.30 pm on both days
Venue – BG-109, Sector – II, Salt Lake, Kolkata -700091
Fees – INR. 750 / Student (inclusive of charges for study material)
You can pay by Cash, Cheque or Demand Draft, payable at Kolkata (in favour of “Preksha Consultancy Private Limited”)
The fee needs to be deposited on or before 17th July, 2009 (Friday) at BG-109, Sector – II, Salt Lake, Kolkata -700091.

The feedback from students from eminent colleges, specially students preparing for competitive examinations like CAT, GMAT, GRE, MAT, etc. is very encouraging and we are happy to see such acceptance of Vedic Maths: a great gift from the sages of India

For any clarification or further information, please feel free to call us at 033-40046740, or mail back.

Team FireUp.co.in
033-4004-6740
+91-98302-64971

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MAT SYLLABUS 2009 and 2010

July 12th, 2009 | 40 Comments | Posted in Uncategorized

Management Aptitude Test (MAT 2010)

What is MAT?

MAT is the MBA entrance test conducted country-wide by Centre for Management Services (CMS) of All India Management Association (AIMA). It is usually conducted four times in a year in February, May, September and December. MAT is conducted in all major cities in the country and in leading cities abroad.

Eligibility Criteria

The minimum qualification for appearing in MAT is graduation in any discipline from any recognized University or equivalent recognized degree. A final year student in any undergraduate (i.e., B.A., B.Sc., B.Com., B.Tech., etc.,) can also appear provisionally. Usually, there is a minimum percentage requirement in graduation, which is different for different MIs / University.

MAT 2010 Syllabus and Pattern
The Management Aptitude Test or MAT is the test conducted by All India Management Testing Service for entering into MBA or equivalent post graduate programmes.

There are five papers in MAT:
1. Language Comprehension
2. Mathematical Skills
3. Data Analysis
4. Intelligence & Critical Reasoning
5. Indian & Global Environment Section

Paper Pattern:

Total Questions: 200
Time: 150 minutes

Marks allocation:
Correct attempt: 1 mark
Incorrect attempt: Negative marking not specified

Section  Questions
Reading Comprehension  40
Data Interpretation/Data sufficiency 40
Quantitative Aptitude   40
Logical and Critical reasoning 40
General Awareness**  40
**Scores are based on the first four sections only, the decision to consider scores of the General Awareness section are left to the institutes.

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To buy Complete Reading Comprehension Preparation Module @ Just for Rs.  390 – Click Here

To buy Complete Data Interpretation & Data Sufficiency Preparation Module @ Just for Rs.  490Click Here

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Definition of Financial Terms

July 3rd, 2009 | 10 Comments | Posted in Uncategorized

Financial Terminology is very important for MBA aspirants.As future managers you are expected to know the meanings of terms related to finance, accounts, economics, etc. irrespective of the stream of education you belong to.

These definitions could really help you in your interviews.

WORD

MEANING

A group shares

Stocks having very high liquidity.

Company having large equity base and large public holding.

Company having consistantly good performance over the years

Alpha factor

Concept which measures the inherent volatility of share.A share with alpha factor of 1.5 is slated to rise in prise by 50% in a year on its inherent strength,such as growth in eps,regardless of the behavior of the market.

Asset management Account

An account which has both broking and banking facilities. It allows debit or credit card, automatic transfer of excess funds into a money management account and margin loans also called central assets account.

B1 GROUP SHARES

Shares having high liquidity

Company having an equity above Rs.30million

Company having fundamentals and financial parameters in line with the industry.

B2 GROUP SHARES

Shares having low trading volume at the EXCHANGES indicating low investor intrest

Shares trading below par value(face value)

Company having an equity below Rs.30million

Company’s shares being not widely held

Company having surveillance measure initiated against it by the EXCHANGES for suspected price manipulations.

Barren money

Money that is not currently earning interest.

BLACK KNIGHT

An unwelcome takeover bidder

Bull Spread

An option strategy designed to profit from a rise in security’s price by buying a near month futures contract and selling a deferred month futures contract.

CIRCUIT BREAKER

a system to curb excesive speculation in the stock market,applied by the stock exchange.when the index spurts or plunges more than a % decided by the authorities,then the trading is then suspended for some time to let the market cool.

Cold money

Money which flows in a country for long term as capital and is generally invested in assets.

Delta shares

The least liquid shares of stock market.

Disinflation

Decrease in the rate of inflation. Should not be confused with deflation which is decrease in the prices.In disinflation prices keep increasing but at a lower rate.

ECU(European currency unit)

A basket of european community memners’ currencies which served as the unit of account for the community members before ‘Euro’ was introduced. European exchange rate mechanism attempted to minimise the fluctuation between members’ currencies and common currency.

Face amount certificate

A debt security where the debt holder agrees to make payment periodically to the issuer and the issuer agrees to pay the face value at maturity. Mutual fund issuing this type of security is called a face amount certificate company.

Fiat Money

Money which is issued without being backed with any tangible asset such as gold, silver etc. The issuing Govt decrees that the money is legal. Value of fiat money depends totally on confidence and expectation of the economy.

Front money

The cash used to start a business

GAMMA STOCKS

shares of small companies which are traded infrequently

GREEN SHOE OPTION

A provision in an agreement with the underwriters of an issue which states that in event of exceptional investor interest the issuer will authorise additional share for distribution.

Hot money

In finance, hot money refers to funds which flow in a country to take advantage of favourable interest rates.They influnce the balance of payments and exchange rate of a country. They are highly volatile and are shifted to another market as interest rates change.They were the largely responsible for currency crisis in Mexico and Asia during 1990s. In crime world they refer to stolen currency that can be easily tracked to crime such as marked bills or new currency with consecutive serial numbers.

Hyperinflation

As evident from term, extremely rapid or out of control inflation. German hyperinflation from Jan’1922 to Nov’1923 is the most famous example when prices rose by a factor of 20billion.

Institutional Fund

A mutual fund that targets pension funds, endowments, and other high net worth entities and individuals.Institutional funds usually have lower operating costs and higher minimum investments than retail

K-Ratio

Developed by Lars Kestner, this one examines the consistency of of an equity’s return over time. Data for the ratio is derived from value added monthly index(VAMI)

Kondratieff’s long-wave cycle (K-cycle).

A wave/cycle analysis of an economy’s performance. It predicts and analyses the performance of any economy viz boom, depression, bounce etc over a period of 50-54 years

LAY OFF

Selling off unsubscribed portions of a rights offer by the issuer to the underwriter at the offer price.

Logistics

This term originated in a military context, referring to how personnel acquire, transport and store supplies and equipment. In the business community, the term is used to refer to how resources are acquired, transported and stored along the supply chain. By having an efficient supply chain and proper logistical procedures, a company can cut costs and increase efficiency.

Love money

Seed money or capital money given by family or friends to an entrepreneur to start a business.

M1 money supply(also called NARROW MONEY)

One measure of the money supply that includes all coins, currency held by the public, traveler’s checks, checking account balances, NOW accounts, automatic transfer service accounts, and balances in credit unions.

M2 money supply(also called BROAD MONEY)

One measure of the money supply that includes M1, plus savings and small time deposits, overnight repos at commercial banks, and non-institutional money market accounts. A key economic indicator used to forecast inflation, since it is not as narrow as M1 and still relatively easy to track. All the components of M2 are very liquid, and the non-cash components can be converted into cash very easily.

M3 money supply

One measure of the money supply that includes M2, plus large time deposits, repos of maturity greater than one day at commercial banks, and institutional money market accounts.

Mom and Pop

An adjective denoting a small scale and a family like atmosphere, often used to describe these types of businesses and investors.

Near money

Highly liquid assets which are not cash but can easily be converted into cash, such as bank deposits and Treasury Bills. similar to cash equivalents.

NEER( Nominal Effective Exchange Rate)

It is the weighted average of a currency’s value against a number of currencies in the basket. Weights being the value of trade with the relevant country.

Open Repo

Repo which can be terminated by either party at any time, and which has an unspecified repurchase date.

Overnite Repo

A repo with a term of one day.

REER( Real Efective Exchange Rate)

It is the weighted average of a currency’s value against a number of currencies in the basket adjusted with inflation. Weights being the value of trade with the relevent country.

Reflation

An economic policy whereby a Govt uses fiscal or monetary action(reducing tax rates, changing money supply and interest rates in order to expand a country’s output.

Repo

A contract in which the seller of securities, such as Treasury Bills, agrees to buy them back at a specified time and price. also called repurchase agreement or buyback.

Reverse Merger

The acquisition of a public company by a private company, allowing the private company to bypass the usually lengthy and complex process of going public.

Reverse repo

A purchase of securities with an agreement to resell them at a higher price at a specific future date. This is essentially just a loan of the security at a specific rate. also called reverse repurchase agreement.

Smart money

Experienced investors and traders, who tend to spot trends and find investment opportunities before everyone else.

Term Repo

A repo with a term of more than one day.

Turnkey Project

A situation where the high level management of a firm is in charge of the planning and execution of all business strategy. The client, who buys a franchise or part of the business, only has to “turn the key” for the operation to start.e.g. Franchise Business.

CAT SYLLABUS

July 3rd, 2009 | 121 Comments | Posted in Uncategorized

CAT 2011 entrance examination syllabus

There is no prefixed pattern for CAT 2011. The syllabus given below is based on the experience of previous CAT Papers, specially CAT 2009-2010. The list may not be exhaustive but almost the entire gamut is covered. In an earlier post, I have tried to list down best CAT preparation books.

Quantitative Ability (QA) / Mathematics:

Arithmetic-
Ratios and Proportion, Ratios, Percentages, Profit & Loss, Averages, Percentages, Partnership, Time-Speed-Distance, Work and time, Number system, HCF, LCM, Geometric Progression, Arithmetic progression, Arithmetic mean, Geometric mean , Harmonic mean, Median, Mode, Number Base System, BODMAS,Alligation & Mixtures, Work, Pipes and Cisterns, Simple Interest & Compound Interest, Installment Payments, Clocks, Calendar,

Algebra-
In-equations , Quadratic and linear equations, functions, Logarithm Geometry, Mensuration and solid Geometry

Geometry (Lines, angles, Triangles, Spheres, Rectangles, Cube, Cone etc),Mensuration, Co-ordinate geometry.

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Other Mathematical Topics:
Set Theory, Venn Diagram, Probability, Permutations & Combinations, Binomial Expansion, Maxima & Minima Progression, Surds & Indices and Complex numbers, etc.

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