The new CA Final syllabus has a new introduction of an optional paper where students can choose one from six available options. The examination is designed to be an open bookcase study examination.
If you have chosen Risk management (Paper 6A) as your optional subject in CA Final and are looking for a Guide to Prepare for CA Final Risk Management, this article is just for you. The Risk Management paper in CA Final examination is built around applying risk scenarios to business. Many modules in this paper are from the post-qualification courses in insurance and risk management offered by ICAI. The subject is close to Auditing, Strategic Financial Management, and Actuaries, Quantitative Methods, Corporate Governance, and various Risk models. It is essentially an extension of the assurance subject.
Paper 6B in CA Final is Financial Services & Capital Markets, one of the electives/optional subjects for you to choose from a plethora of others. Being a concept-oriented paper, FSCM is touted as a favorite among electives due to some advantages. It is high scoring and is considered a great add-on for aspirants looking for a career in investment banking, equity research, and stock markets. This elective is also reckoned as putting CA aspirants on the same level as MBA Finance graduates due to its extensive coverage of financial markets