Hello friends I will show how create a 3dsmax 3d compass tutorial.
I have used following techniques shown below in this 3ds max tutorial.
[1]-First of all you will press (ctrl +N) now you will see the new window is open
Click on the Cylinder button and create a Cylinder with the following size 
[2]-Select the object and convert into the editable poly
Select the polygon mode with the ignore back facing 
[3]-Make a selection and apply the extrude polygon with the extrusion amount: -6.0
Now your cylinder should like this 
[4]-Again make a selection and apply the bevel polygon
Now use the following setting 
[5]-Now your cylinder should like this 
[6]-Open the material window and assign the material like this 
[7]-Make a selection and assign the black material like this 
[8]-Now your object should like this 
[9]-Now click on the circle button
Open the rendering palette and use the following setting
Create circles like this 
[10]-Click on the line and create a line like this
Apply the extrude modifier with the amount of 1.0
Set like this 
[11]-Create a cylinder with the following size now convert into editable poly and select the polygon with the ignore back facing 
[12]-Make a selection and apply the extrude polygon with the amount of -0.4 
[13]-Your cylinder should lik this 
[14]-Click on the text button and create some text like this 
[15]-Set the skylight like this with the following parameters 
[16]-This is the Final Image after render the perspective view port 