|Author||Topic: CFA - the hardest exam in the world - you google it!|
|The Chartered Financial Analyst (CFA) exam – which has been dubbed Wall Street’s hardest test – sees less than a fifth of entrants pass on their first attempt. There are actually three separate exams (levels I, II and III), which must be passed in order.
You google it yourself!
|There’s no way the CFA exams are the toughest in the world, sorry I’m just not buying it. They are tough, mainly due to sheer volume of material and having to study and sit them whilst working a full time job, but no way are they anywhere near the toughest exams in the world in the sense of difficultly of material. (caveat is that I am just about to sit L2 next June - however even if I don’t pass, I’m sticking to my guns)
Of course concepts in finance can get as complex and difficult as any other discipline, but the CFA skirts over lots of the complex stuff and keeps it “simplified” in return for just adding a massive volume of that simplified stuff.