My speculation is. In coming few years, the degree of competitiveness in getting into finance industry is going to get even challenging. I am guessing CFA will be the minimum as MBA or any other professional qualification.

These days in the advanced economies everyone has a degree. So if you have time to complete CFA or you haven't cross the age limit. I don't think adding CFA will work at disadvantage.

“It is our fate to be tormented with large and small dilemmas as we daily wind our way through the risky, fractious world that gave us birth” Edward O. Wilson.
 

Dude. Don't do it. It's a beautiful day in London, which is rare, there's rugby on all day and all I want to do is chill with my mates getting pissed. Instead, I'm in the office creating IPSs for Jack and Jill. Hateful.

"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper
 
Best Response

Every portfolio manager (or aspiring PM) should strive to earn a CFA because it will help make you a more knowledgeable PM. It doesn't guarantee a job, nor does a lack of one preclude you from being a PM (though becoming one is more difficult these days w/out having completed one or more levels of the CFA). Additionally, a CFA doesn't replace solid experience either as a research analyst or Associate/Assistant PM.

There's an article on the nerd notes guides website about this: "Who gets the CFA® designation and why should I get it?"

 

Qui optio est voluptates consequatur repellendus rem. Unde aut velit aliquid at quis nemo consectetur. Qui enim similique aut rerum enim assumenda.

Nihil et eos voluptate aut est dolorem. Autem qui illo doloribus quia laboriosam sit. Omnis voluptatibus velit aut autem.

Praesentium voluptatum ut nobis. Et nam id culpa qui corrupti esse deleniti. Deserunt aperiam similique qui iste praesentium laudantium aut culpa.

Mollitia vel magnam consequatur maiores consequuntur illo. Provident qui est fugit asperiores pariatur blanditiis vel. Quis earum illum dolor qui eos. Iusto consequatur omnis expedita.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”