FRM or CFA® for structuring?

Hi.

Which of the two exams would you recommend for structuring: FRM or CFA® ? (I am currently completing my MBA, and have an engineering background).

Thank you in advance for your thoughts!

3 Comments
 
Best Response
non-targetfrm is more for risk management....cfa is am/hf or i guess the buy side

and what they don't need risk management professionals at HFs?

CFA for equities - i hear is the gold standard.

I created a multifactor RMBS model (prepayment, default, loss severity, etc..) and I'm studying for the FRM, looking at the curriculum for this years FRM it covers more about structuring and up to date issues for debt instruments.

 

Aliquam omnis sunt quia consequatur id recusandae. Architecto incidunt voluptatum quia est consequatur. Consequatur et possimus dignissimos qui autem culpa quia.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

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...”