CFA vs Books
Why would someone spend ~ 900 hours to prepare for the CFA in order to push his career instead of reading books about his industry for a total of 900 hours (around 120 books of 300 pages)?
Because those 3 letters mean something to the boomer MDs who got it 40 years ago when bond math was 2+2
real answer - from my experience, it’s really useful for ER and fixed income desks, not so much for IB/PE
Yes. It's "proof" you can learn and work hard at something entirely self directed. If you have it, means you pass a minimum level of intelligence and grit.
The knowledge gained may or may not directly apply to your job. But it's "proof" in a way reading books is not
Because becoming a CFA charterholder can help you get a job, whereas reading a bunch of books will not.
Necessitatibus minus dolor explicabo ad asperiores voluptas aut. Quo nisi eligendi dolor nemo est. Qui illo deserunt magni quae ea placeat. Dolorem officia et sit et impedit sit laudantium pariatur. Veritatis quae debitis aut a adipisci ea.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...