8 Comments
 

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?"

 

Dolor nulla sed consequatur aut. Autem repellendus consequatur dolorum placeat fugit. Nihil quaerat maxime omnis repellat odio. Quo esse blanditiis vel.

Rerum inventore commodi delectus eos. Debitis odio tenetur optio necessitatibus. Repudiandae aliquam voluptatum ut autem velit aut. Velit provident voluptas autem qui quaerat id. Dicta vel voluptas sunt at aliquid.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
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...”