Qualified and Quarterly rate: Difference between pages

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1. ''Professional competence.''
The quarterly rate of interest (or yield) is a quoting convention for the simple interest ''nominal annual rate'' for compounding once per quarter (four times per year).


Having relevant professional qualifications or other experience or eligibility.


'''Example'''


:<span style="color:#4B0082">'''''Value of ACT qualifications'''''</span>
If the quoted quarterly rate is 6.00%,


:"Having worked in larger Tier 1 banks like Citigroup and Bank of America, the skill set developed as corporate banker required a focused approach to implement the vision and mission of the bank, strong origination skills and the ability to deliver the bank's capability to the clients.
the amount of interest compounded quarterly is:


:AMCT was very useful for my personal branding and gave me the ability to formulate strategy and advise the board and CEO on the entire banking strategy, the target operating model and the country and concentration limits. It helped me to attain the status of their trusted advisor in many instances.  
= 6.00% / 4


:The value that I found in the AMCT qualification lies in the ability to think much wider, and to create value above and beyond product engagement. With digital disruption, treasurers have many new challenges and need bankers and consultants who have a wider holistic view of the  new challenges. AMCT creates that difference and is excellent when one wants to create a personal brand."
= 1.50%.


:''Shakil Haider MBA, AMCT, BE Hons. (Mech. Engg) Senior Corporate & Investment Banking Professional.''


Not to be confused with the related ''annual effective'' rate, which in this case is:


2. ''Reporting and financial reporting.''
= 1.015<sup>4</sup> - 1


Diluted or limited, especially in relation to a formal statement, for example an audit report.  
= 6.14%.




==See also==
== See also ==
*[[ACT Competency Framework]]
* [[Annual effective rate]]
*[[Brand]]
* [[Nominal annual rate]]
*[[CEO]]
* [[Periodic rate of interest]]
*[[Concentration]]
*[[Digitisation]]
*[[Disruption]]
*[[Financial reporting]]
*[[Freedom of Information]]
*[[Origination]]
*[[Personal brand]]
*[[Qualifications]]
*[[Qualified audit report]]
*[[Qualify]]
*[[Tier 1]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Manage_risks]]
[[Category:The_business_context]]

Revision as of 11:32, 18 March 2015

The quarterly rate of interest (or yield) is a quoting convention for the simple interest nominal annual rate for compounding once per quarter (four times per year).


Example

If the quoted quarterly rate is 6.00%,

the amount of interest compounded quarterly is:

= 6.00% / 4

= 1.50%.


Not to be confused with the related annual effective rate, which in this case is:

= 1.0154 - 1

= 6.14%.


See also