Day 1 - Topics Covered

•  Basic Introduction of Fund Accounting and NAV Calculation Operation

• Portfolio Management by Fund Manager

• Introduction to Fund Administration Services 

• Introduction to Custodian and Prime Broker Services 

• Profit & Loss Management of Financial Instrument in Portfolio: -

- Unrealized Gain / Loss - Simulation

- Accrued Income Accounting - Simulation- 

- Accrued Expense Accounting - Simulation- Management Fee & Incentive Fee Concepts - Simulation- 

Day 2 - Topics Covered

• Profit & Loss Management of Financial Instrument in Portfolio: -

- Realized Gain / Loss - Simulation with Tax lot Methodology using FIFO / LIFO method- 

- Hurdle Rate and High-Water Mark Concepts - Simulation

• Capital Activity: -

- Subscription in the Fund OR Capital Contribution in the Fund (MF / HF)

- Redemption in the Fund OR Capital Withdrawal in the Fund (MF / HF)

• Gross Assets Value (GAV) and Net Assets Value (NAV)  - Calculation and Simulation

• Some Important Fund Accounting Treatment:-

- Interest Receivable

- Interest Payable

- Dividend Receivable

- Dividend Payable

- Stock Lending Fee Receivable

- Stock Borrowing Fee Payable

- Custodian Fee, Fund Admin Fee, Management Fee - Payable entries

• Introduction to Mutual Fund and Their Structure - Open & Closed Ended Fund

• Introduction to Hedge Fund and Their Structure - Master-Feeder, Stand 

• Alone, Funds of Fund, Side by Side Fund, Limited & General Partner

• Onshore & Offshore Hedge Fund

• Tax Haven Countries, Taxable and tax Exempt Investor

• Financial Reporting

• Asset Management Services

Day 3- Topics Covered

•  Introduction to Hedge Fund and Their Structure - Master-Feeder, Stand Alone, Funds of Fund, Side by Side Fund, Limited & General Partner

Interview Preparation Question and Answer