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No one gives a shit about CFA in IB
I'm tired of answering this question; it's been asked a million times on this website. It's not at all. It's very irrelevant for banking: it takes a ton of time/effort and only potential benefit is showing you are stubborn (to study for hard tests for 3+ years) and indicates you have a certain level of accounting/finance knowledge. Your time could be spent much more productively elsewhere. It primarily helps for equity research (either buyside or sellside) or personal wealth management.
It’s crazy how when you read the meet the team on IB and AM websites, and all their Bio’s have CFA
AM maybe because it's actually relevant to AM but you asked in the IB forum. On IB sites? Big doubt, unless this is Canada. Also where tf are you seeing meet the teams on any reasonably sized bank's website?
Canadian here. My entire team (corp dev) have CFA. However, IB doesn't care that much.
It’s a designation that’s mandatory in some buyside roles, as well as something BO/MO folks tend to take on in their ample free time to improve their profile since an MBA is too cost prohibitive.
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