Is a CFA worth it in Corp Finance? I'm currently a SFA at a mid-level public company doing budgeting/forecasting/reporting/etc. but am trying to find a way to differentiate myself to help move my way up the ladder. I already have my MBA (from a respected local school but not really impressive).
I'm not sure that a CFA is completely relevant for corp finance roles or worth the time/money to study and pass all 3 levels. Do any of you have your CFA and has it helped? Are there other certifications that would be more useful?
Short answer is no. Assuming you plan to stay in Corpfin...
If you already have an MBA and want to work your way up, then spend extra time networking internally so you can get looped into high-vis projects/opps and thinking about the business at a high level/strategic perspective.
This is the best advice you can get in CF. If your company is big on "promoting internal talent," then your path to higher positions is the internal networking and taking advantage of opportunities.
CFA will help but the degree to which it will help to the hours / commitment you have to put in YMMV. If you are a very strong candidate - target school, good grades strong experience etc. The marginal benefit of a CFA will be significantly lower than someone who's non target for example.
Thank you for enlightening info. I appreciate it.
Thanks guys. It doesn't really seem worth to spend a couple grand and hundreds of hours studying.
3 years too. A test always looming overhead.
I have been asking myself that very question. Its important yes but would I not be better studying an MBA in that case? The most important thing for me really is the skills required to be an analyst and not to view skills as an identifier for standing out.
The relationships is where the gold is.
Currently at a MM regional, looking to grow net worth by entrepreneurship thru acquisition to start family office. CFA worth it? (Originally Posted: 11/26/2017)
Tried to cram it into the title, my plan is as follows:
I understand that the above plan will not be a straight line, but do you figure it's worth the 900+ hours now to get my CFA, in order to have credentials for my family office in the future? I'm trying to assess net benefit / opportunity cost. Might be hard to study for my CFA in my thirties with kids (maybe) and things moving quickly.
Would love some of your thoughts on this.
Thanks
Can't_Catch_Me, hey, look at the bright side, at least you didn't get a ton of monkey shit thrown at you...here is my best guess on threads that might be helpful:
More suggestions...
You're welcome.
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