About

CA Nikhil Jobanputra

CA NIKHIL JOBANPUTRA is a highly – respected & accomplished professional educator with a demonstrated trajectory in the field of training CA, CFA and CMA students, known for his proficiency, dedication, and commitment in delivering top quality professional training and proven results. With over 20 years of experience, he has coached over 40,000 students across India. His expertise lies in teaching CA, CFA and CMA students, notably in Strategic Financial Management, Financial Reporting, IFRS & Indian Accounting Standards, Cost and Management Accounting.

International Finance – LMR | CA Final SFM

Clarification of basic terms Do you know? (Refer Q.1 to Q.6 from Textbook) What is an Exchange Rate? What do you mean by Direct Quote? What do you mean by Indirect Quote? What do you mean by Two Way Quote? What do you mean by Bid Rate and Ask Rate? What do you mean by Continue reading

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Speculation through Forwards & Futures | CA Final SFM

Bullish Sentiment Expectation that price will Rise in upcoming time. Bearish Sentiment Expectation that price will Fall in upcoming time. Consider the following example: Mr. A expects that the price of shares of X Ltd. will rise over next 3 months. Mr. B expects that the price of shares of X Ltd. will fall over next 3 Continue reading

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Options (Basics) | CA Final SFM

Options are such derivative financial instruments that do not bind the option holder into a firm commitment. Options in fact provide the right to the option holder to exercise or not to exercise such rights as options. Option Holder: One who, holds the right to buy or sale Option Writer: One who, provides the right Continue reading

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Intrinsic Value & Time Value of Options

Value of an Option Generally the option premium is considered as the value of an option because it is the price at which an option can be bought or sold. Value of an option is divided into the following two: 1. Intrinsic Value 2. Time Value Intrinsic value of an option indicates the amount Continue reading

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Options Valuation | CA Final SFM

Option valuation refers to the amount of premium to be determined. In other words, what should be the fair amount of an option premium? Determining such fair value or fair premium is known as option valuation. Once option valuation is made, one will come to know as to what should be the premium for a Continue reading

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Bond Valuation SFM CA Final

Bond Valuation SFM CA Final When a company has to raise long term debt, one of the modes of raising the funds is by issuing debentures. For all practical reasons, a debenture and a bond are one and the same. Bonds or debentures can be called financial Instruments which are contracts that give rise to Continue reading

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Bond Valuation Yield to Maturity (YTM) | CA Final SFM

Yield to Maturity This is a rate of return which is generated by a bond over a period up to its maturity. If the future cash flows of interest and redemption price are discounted using YTM, the present value of such cash flows will be equal to its actual market price. In other words, a Continue reading

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Bond Strips – Interest Strip – Principal Strip | CA Final SFM

Bond STRIPS STRIPS is an acronym for Separate Trading of Registered Interest and Principal of Securities. The present value of cash flows from a bond can be divided into two categories: Present Value of Interest (Interest Strip) Present Value of Redemption Price (Principal Strip) The investor has option to buy or sell the Interest Continue reading

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Bond Sensitivity, Bond Duration and Bond Volatility | CA Final SFM

Sensitivity of a Bond With Respect to Changes in Desired Yield Rate Interest rate sensitivity is a measure of how much the price of a fixed-income asset will fluctuate as a result of changes in the interest rate environment. Securities that are more sensitive have greater price fluctuations than those with less sensitivity. This type Continue reading

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Thank you so much sir for helping me with the SFM…only because of you I got 69 marks in SFM… Before joining your classes, SFM was like a hurdle for me in becoming CA. But...Read more

CA Alish Baid

Fabulous Mentor!!! My journey in SFM class with Nikhil Jobanputra Sir was not just for academics, it was a class worth attending for the concepts which were made crystal clear without students having a pinch...Read more

CA Natasha Kothari

Hi, I am Yogesh Sharma. I have cleared CMA Final exams in December 2020 and was able to score AIR 49. I also gave exams in December 2019 but due to stress and fear I...Read more

CMA Yogesh Sharma

Finally, after all those efforts I am a CA now and I could clear CA exams with flying colours. In all other subjects I scored as usual but SFM was a one sided game and...Read more

CA Harish Wadhwani

I owe my exemption in SFM to Nikhil Sir. He always motivates people to achieve their goals. I had never thought that SFM could be studied in such an interesting manner. Learning with Nikhil Sir,...Read more

CA Gaurav Chettiar

Nikhil Jobanputra Sir, Thanks a lot sir for your support and guidance. Finally became a Chartered Accountant and scored 89 in SFM. Sir, my interest in SFM made me pursue equity research. Currently working at...Read more

CA Nikhil Kothari

Nikhil Sir’s advice to consider Practice Manual, Study Material, RTP and Past Papers as Bible while preparing for CA Final, helped me to secure 93 in SFM. Thank you so much sir!!

CA Akshay Banka

Thank you very much Sir…! I cleared CA Final Group 1 in first attempt and all credit goes to you. I cleared it only because of SFM, I scored 68 in SFM. Sir, you made...Read more

CA Raunak Shah

Enrolling for the crash course for SFM and Ind AS at Incito Academy was the best decision I took in my CA journey. The coaching sessions conducted by Nikhil Sir are exceptionally well curated. The...Read more

CA Monal Sampat

First of all, thank you Nikhil Sir for everything. I have been knowing you since four years and truly speaking, it was a great experience to be your student, where we don’t just study for...Read more

CA Saurabh Singh

Thank you so much Nikhil Jobanputra Sir for enlightening us so well. Yours has been the best session so far. You are not just a teacher, but also a Motivating Guru, who gave us knowledge...Read more

CA Kriti Goel

If there is one person in my life who imbues passion in everything he does, it is Nikhil Sir. A trainer-par-excellence, Nikhil Sir is an ocean of knowledge, having a command over a multitude of...Read more

CA Punarvas Jaykumar

Thank you so much sir for helping me with the SFM…only because of you I got 69 marks in SFM… Before joining your classes, SFM was like a hurdle for me in becoming CA. But...Read more