What to get after CFA Charter?

So, let's say that you've got your Charter, you've got a good job, and really don't NEED to do anything, but watching Game of Thrones a third time in this quarantine because work has slowed down and you can't go out won't be fun, and you want to feel productive. What designation would you work for?

 

By having your charter, you automatically waive the first level of the CAIA and can sit for the second and final level. It’s about 2/3 of the study material of your typical CFA exam and is slowly being adopted by the industry. With that being said, the benefit of having a CAIA designation after already having your CFA designation would be minimal.

 

Is it getting more recognition in the industries it’s geared for (alternative assets, etc.)? The CFA is obviously more well known but the CAIA sounds more relevant for certain things

Quant (ˈkwänt) n: An expert, someone who knows more and more about less and less until they know everything about nothing.
 

If you want to be productive why not workout, learn another language, or study something that you aren’t already well-versed in? I feel like any finance-related designation will add negligible value following the CFA. On a personal level the only difference I see between “John Smith, CFA” and “John Smith, CFA, CAIA, FRM, CPA” is that the latter is a FUN guy.

Also not sure about the other designations but the CFA exams are postponed for quite some time. Might not be worthwhile to study this far in advance for any of them.

 
Most Helpful

This is the perfect reply. OP reminded me of a doctor that I met a few years ago who went through a part time MBA program. He couldn’t really give me any explanation on how that was relevant to working at Mayo now as the head of whatever (management “skills” I guess?). I didn’t think that there could be anything crazier outside of doing both the CFA and CPA.

I get some people love studying after a multi-year grind but, in my opinion, it’s time to perfect other areas of your life now if you have the well paying dream job you want.

For OP:

Orangetheory has solid online workouts (cardio+body weight strength) daily. Try new healthy recipes as well (and become an IG model posting about their journey for bonus points).

If your state allows golfing, then hit the links or range like John Daly and get the handicap down while having some cold ones.

If you don’t want to study a new language, then look into philosophy. Stoicism is pretty interesting.

 
td12:

something that makes you interesting? hobbies? sports? presentation skills? charisma?

+1 to this. While I can certainly appreciate the pursuit of more credentials (personally I have CPA, ABV and PFS), social skills and overall likability are what carry you the distance in life.

I’d recommend joining your local Toastmasters after the quarantine is over and picking up books that help develop interpersonal skills. How to Win Friends and Influence People by Dale Carnegie is a great one to start with.

 

To the guy who made the GF comment. Got one, and my d*** is starting to chafe bad.

Toastmasters is suspended until after this ends, and that'll be when work starts to pick up again.

I'd love to work out, but the building's gym is closed because of social distancing. There is only so much you can do in an apartment.

I'd love to hear further valid opinions. Unfortunately I can barely handle English, never mind a second language, otherwise my company would have shoved me on Bloomberg TV as a talking head.

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
 

Thats strange, she has that effect on me too. When I earned my charter the last thing I wanted to do was start all over with FRM or anything else of the sort. Serious suggestion though, check out this website to occupy your brain in a different way. 15 minute episodes, very enjoyable. Knowledgeable host.

https://philosophybites.com/links-to-past-e.html

I would suggest some of the episodes like Kant's Metaphysics, Plotinus on Evil, Parmenides, John Stuart Mill on Utilitarianism. Toss the hosts a Paypal donation if you enjoy the content.

 

You could try to tackle the actuary exams if you’re looking for some more study challenges.

I don’t know much about them, except I heard they were very difficult.

"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
 
Noelle90:
Personally, I love Italian and the accent.

Whose accent do you love?

"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
 

On the buy side, it is more common to combine the CFA designation with an MBA, than another designation. I think if you are on the path of an equity analyst, combining the CFA designation with the CPA designation might make some sense.

 

I'm in an odd situation where I'm a 'sort-of' analyst. I design and build quant funds, but don't actually do much individual company analysis. I'm also making more than your average MBA grad, and don't feel that an MBA would help me that much, even if it was from HBS, especially if I have to take two years out post all of this. We're also quarantined for at least another month now, and I'm looking for a self-study program. I've leaned towards super specialized certs like the CIPM program, since I've gone in front of my company's GIPS committee before, and has others have said, further generalist certs probably won't move the needle.

EDIT: About the CPA: In NY/NJ that requires 150 credit hours, so I'd need to get a master's in something to even be able to sit. I'm not particularly interested in that, even as night school. It also wouldn't be possible to do until my window of free time ends, and we all go back into the office.

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
 

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