Global Consilient Research

“I have cleared all level of CFA, and have done FMVA Courses too, can I do freelancing as a research analyst?”

This is the most common question I get from many students on Instagram!

And here’s the straight no BS answer from someone who works as a Managing Partner in this domain!

You can’t do freelancing in this domain and generate consistent monthly or weekly income!

Why? Because let’s say you charge ₹5,000 per financial model or report (base assumption)

And let’s you want to make at least ₹1,00,000 each month (most basic assumption)

So technically, if any firm wants research and valuation done on 20 companies (typical small size firm tracks and invests in more than 20 in one portfolio), they will have to hire some freelancer and pay him ₹1 Lakh a month just to make models and reports!

Plus they can’t even get other research done from him/her!

This is a lose lose situation for any sane firm!

Rather, most firms built their in-house research teams! A typical CFA grad works 8-10 hours a day in an invetsment firm and even if he/she makes ₹1L a month in hand, the company has picked him as a full time employee!

And they can get any work done at a minutes notice by him! Because he’s an employee!

No firm in India outsources their research and model making to a freelancer!

Another reason being is keeping privacy and compliance related matters!

They can’t completely make sure that a freelancer won’t reveal their portfolio to some other firm or give out tips to his friends!

So, forget about freelancing in it! And find a job!

1 week ago | [YT] | 21

Global Consilient Research

One of our students in Advanced Equity Research Program cracked not only 1, but 2 jobs in finance!

One in Credit Analyst Profile at Care Edge, one at a family office!

Even tho he’s yet to decide which one to finalise!

But the fact remains: Our program is the best!

Enrol today at flat 20% discount!!

2 weeks ago | [YT] | 10

Global Consilient Research

Wishing my entire GCR Community a very Happy New Year!

With the beginning of 2026, I wish everyone a good & prosperous year in the form of skills and wealth!

And here’s my gift for you all!

We are offering a flat 20% discount for this entire week on our Recorded lectures of Advanced Equity Research Program!

2 weeks ago | [YT] | 7

Global Consilient Research

The reason Hindustan Copper rose like crazy

3 weeks ago | [YT] | 36

Global Consilient Research

Here’s what to look for analysing any cement player!

3 weeks ago | [YT] | 30

Global Consilient Research

Buy and Hold is not always a good strategy!

Book name: The Making of a Value Investor

4 weeks ago (edited) | [YT] | 35

Global Consilient Research

Today, with a heart full of gratitude, I’m announcing that I have been promoted from the position of Research Analyst to the Managing Partner at Magnus Hathaway Investments!

Grateful! 🙏

1 month ago | [YT] | 107

Global Consilient Research

Our Advanced Equity Research Program is best in the world

1 month ago | [YT] | 12

Global Consilient Research

Let me drop the biggest value bomb for you today, especially in the domain of Banking Analysis!

(I need to be consistent tho)

Let's understand the relationship between the following asset quality metrics in banking

- GNPA
- NNPA
- PCR
- Credit Costs
__

Let's understand the concept of GNPAs first, they stand for Gross Non Performing Assets, any asset which is overdue for more than 90 days from its due date (in case of term loans) becomes a GNPA

Now comes your NNPA, aka Net Non Performing Assets, arrived after reducing Provisions from GNPAs.....but most people have no idea how to tackle the differences between the these two

See, when the divergence between GNPA & NNPA is too much, then understand that its because of higher provisioning, and when provisions are higher, then automatically 2 other metrics will go up too, and those 2 metrics are your provisioning coverage ratios and credit costs

Why? Because when we increase the provisions on our loan book, we are in part saying that we expect more no. of our advances to turn into NPAs

And when provisions goes up, your PCR and credit costs goes up too!

(PCR = Provisions/Gross NPAs)
(Credit Costs = Provisions/Total Average Advances)
_

Plus, when credit cost goes up, it directly affects your ROA, and when ROA gets hit, the ROE (ROA x Leverage) goes down too

This in turn affects your P/B Ratio and stock trades at a lower valuation!

This is how these metrics are interlinked with each other, and that's the reason most PSU banks trade at a lower valuations than private banks, mainly because of higher provisions (90%+).

1 month ago | [YT] | 14

Global Consilient Research

Understand the flow of income statement of a bank and NBFC

And how profit is created!

Do look for provisions and compare it to average advances to arrive at credit cost

Credit cost eats into the profit and suppresses both ROA & ROE!

Learn more about Banking & NBFC in our webinar👇🏻

1 month ago | [YT] | 22