Dumb 3rd-rate designations

Whatever1984's picture
Rank: King Kong | 1,671

So I'm confused by those who decide to get random worthless designations. I just saw a comment on a coworker's linkedin post (he's going for an Oxford Ph.D. btw, and lists nothing) from somebody who is a QKA(R), CRPS(R), and CHSA(R). Who puts this sort of junk after their name? I'm tempted to put BFD after my name after seeing that, and I have real letters.

Comments (44)

Dec 11, 2018
Whatever1984:

I'm tempted to put BFD after my name after seeing that, and I have real letters.

This is amazing.

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Dec 11, 2018

yeah and CAIA - some interesting information in the material it seems, but do the letters really have any value?

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

Dec 11, 2018
Isaiah_53_5:

yeah and CAIA - some interesting information in the material it seems, but do the letters really have any value?

I clicked into the guy's profile. He lists being an eagle scout too. Dude, I ditched that on my resume after 23. I know I'm going to get some monkeyshit for this, but the CAIA is actually a decent second rate degree. I know one ETF talking head that had problems with it. (Not me, I've got my Charter) It's also below the grade 1B designations like the CFP.

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Dec 13, 2018

Sorry had to give you some MS. I've seen Eagle Scout used even on company executive bios.

I agree that it seems stupid. However, I've had excellent work experiences with former Eagle Scouts. Seriously, not one bad experience with anyone that proudly listed Eagle Scout on their resume or background.

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Dec 12, 2018

Not sure about the CAIA - it's very well-known in its niche and the people I've seen with the title are very accomplished professionals. However I would say inferior to the CFA, and even that has questionable value the moment you step out of a securities field, so maybe it does suck.

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Dec 12, 2018

If you're in finance, the CFA is always kosher. CAIA, FRM, CPA, JD, CFP are well regarded and OK if you're operating in a niche where it is relevant. Everything else is alphabet soup.

If you have multiple, I think more than two after your name is a try hard move, even if it's from that list. I'd put them all in my bio though.

The junky certs are only OK if you're young and trying to break into an industry niche - it won't get you into Goldman, but it could perk the interest of a small finance shop that's focused around that area.

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Dec 11, 2018
BreakingOutOfPWM:

If you're in finance, the CFA is always kosher. CAIA, FRM, CPA, JD, CFP are well regarded and OK if you're operating in a niche where it is relevant. Everything else is alphabet soup.

If you have multiple, I think more than two after your name is a try hard move, even if it's from that list. I'd put them all in my bio though.

The junky certs are only OK if you're young and trying to break into an industry niche - it won't get you into Goldman, but it could perk the interest of a small finance shop that's focused around that area.

Agreed with the first half, but I disagree that those junky certs are ever OK. CIPM, CAIA, etc are good in certain niches but how big are those? (FRM CPA, JD and maybe CFP are worthwhile- and CFP only because of how many FP jobs there are compared to the rest of finance)

As a CFA Charterholder, I refuse to weigh in on the degree.

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Dec 13, 2018

PWM says CFA is good.

Username Certainly checks out.

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Dec 13, 2018
BreakingOutOfPWM:

If you're in finance, the CFA is always kosher. CAIA, FRM, CPA, JD, CFP are well regarded and OK if you're operating in a niche where it is relevant. Everything else is alphabet soup.

I'd add PMP with a caveat: that you work in the technology industry or consult for technology companies.

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Dec 13, 2018
Isaiah_53_5:

yeah and CAIA - some interesting information in the material it seems, but do the letters really have any value?

Zero. At the university I teach at, there is not a alternative investment course to take. That designation would help those who are gunning for the alternative space rather than make another DCF model

Dec 11, 2018

It's pretty bad in the IT world, they have an insane amount of "Certifications" that they think will help them get to that next level.

I have seen some fantastic ones where people have BA, BS, BSN, MBA, PHD, all from for profit colleges.

One funny one even had PLLC (Professional LLC) after her name.

Dec 12, 2018

"BA" lmao

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Dec 12, 2018

This is why Elon is getting rid of titles

thots and prayers

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Dec 12, 2018
Whatever1984:

So I'm confused by those who decide to get random worthless designations.

Like CFA

Edit: Damn, boys, that shit was a joke...

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Dec 11, 2018
CRE:
Whatever1984:

So I'm confused by those who decide to get random worthless designations.

Like CFA

Ready to know what you think is quality then? 2/3 of the PM and the Product team have it (sorry, the guy who built $20B of FI ETFs only has a masters in Financial Maths)

Edited, with Apologies: Jokes don't always transfer well to text, CRE.

Dec 13, 2018

Yeah but let's be real, a lot of asset managers abuse the fuck out of those titles to attract employees. "PM" is a back office type of role at many places. I know so-called PMs who "manage" 20b+ who barely crack 200k a year, because their decision making isn't central to the strategy. Sure they're managing cash drag or turnover or concentration or whatever.

But let's not pretend that even remotely the same job as an active PM who's paid for alpha. Different job, similar name. Just like the Secretary of State doesn't have a similar role to the secretary who's job it is to wear tight shirts and process travel receipts.

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Dec 13, 2018

you tryna catch these hands, bruh?

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Dec 13, 2018

This is how you learn what I learned in another thread: CFA's are touchy about the value of the designation. Like even joking about it is their version of a Muhammad cartoon.

Dec 12, 2018

You should put badass after your name, bc you're so badass.

If the glove don't fit, you must acquit!

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Dec 11, 2018
WalMartShopper:

You should put badass after your name, bc you're so badass.

WalMartShopper You're the "BigFuckingDeal" Congrats, put it on your business card. May I recommend staying at Walmart?

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Dec 12, 2018

Thank you for finally saying something about this.. +1

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Dec 13, 2018

The acronym that I think looks weird after one's name is MBA. Designations in general look good on a business card or a resume, especially if they are relevant to your profession. I worked really hard to become a CFA charterholder. I use the designation after my name because some people I interact with will be familiar with it. CAIA is for more of a niche area. If you work in alts, it makes a lot sense to get the designation.

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Dec 13, 2018

Agree with you on the MBA part. While I think putting PhD or MD after your name is OK, seeing people who put MBA after just turns me off.

Dayman?

Dec 11, 2018
Series7examtutor:

The acronym that I think looks weird after one's name is MBA. Designations in general look good on a business card or a resume, especially if they are relevant to your profession. I worked really hard to become a CFA charterholder. I use the designation after my name because some people I interact with will be familiar with it. CAIA is for more of a niche area. If you work in alts, it makes a lot sense to get the designation.

I like people who list MBA after their names. There's nothing wrong with the designation itself, unless it comes from a really bad school, but listing it on your business card, or even better, in your email signature, gives me advance notice of the sort of person I have a high likelihood of dealing with.

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Dec 13, 2018

Might be an inferiority complex of sorts. I've seen people put CA and CPA after their name, conversely I've seen those with a PhD from a top-tier institution who don't even put 'Dr' anywhere in their profile - let alone their display name.

Dec 13, 2018

I know a doctor who refuses to be addressed as "Dr." He says it's dumb. I don't think it's a coincidence that he's also the top brain surgeon in his city. Meanwhile every average Joe doctor I know milks that title any chance they get.

Point being: mediocre professionals need designations to separate themselves from those who can't claim the designation. Truly accomplished people avoid designations to separate themselves from those who need them.

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Dec 13, 2018
PteroGonzalez:

I know a doctor who refuses to be addressed as "Dr." He says it's dumb. I don't think it's a coincidence that he's also the top brain surgeon in his city. Meanwhile every average Joe doctor I know milks that title any chance they get.

Point being: mediocre professionals need designations to separate themselves from those who can't claim the designation. Truly accomplished people avoid designations to separate themselves from those who need them.

Sounds like your Doctor friend is modest, which is nice and a good quality, but has nothing to do with people getting a CFA to advance their career or expand their knowledge.

-guy who didn't study finance in college and got a CFA after which has opened a ton of doors

Dec 13, 2018
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Dec 14, 2018