|Author||Topic: Will it be worth my time and effort?|
I work as a Service Reprisentative In the banking industry(USA). I have been an investor and trader in the past 5 years. I have a degree in Economics and I am 38 years old, living in USA for the last 10 years.
I would like to persue the CFA qualifications but I wonder, would it be worth my time and effort? After I pass my three exams how easily I would secure a position with a financial institution, how I would persue it and what I should expect my salary to be? I would welcome any comments and I would appreciate any help I get.
|Well, your questions are not only valid but also to be considered seriously. I'm sitting for Lvl I in December 2014 hoping to move into the analytical industry. I am a retail stockbroker and I've decided to look at this test as a learning tool (I became a paid member of this web site two days ago). The knowledge alone is worth the time and money. At least for me in my industry. But think about it logically. CFA enrollment is up HUGE... MBA's are being turned out in droves..... Everyone is competing for a limited number of jobs. I'm not looking to dissuade you but I want to point out my findings. Don't expect the Charter to pave your way to riches. It wont happen. It will increase your marketability and depending on what you do with it, it may help your career.
|Gary, that is exactly what I had in the back of my mind, thanks for the reply. I hope I get some additional feedback from the other fellows.
AnalystTeam: this site is so great that I have decided to show my little support of $99!
|Grusso: I hear what you are saying that a CFA charter will not automatically pave your way to riches. However, when I read a statistic like: there are only 6000 some odd CFA's in Canada, I start thinking that in very specific areas I should stick out. In my situation, I come from a B school with only an above average GPA... so I'm really looking to boost my knowledge and chances of breaking into something like investment banking or Consulting.|
|I am a CA, worked in public practice for about 8 years then moved to industry. I had a quick look at the study material. I think the knowledge is worth the time and effort. I am making up my mind and digging deep for time to study for Level 1.|
CFA Discussion Topic: Will it be worth my time and effort?
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.