I have heard many horror stories, especially the pass rate which you highlighted in the first vid. But only 9% passed all of them first try! The CFA always spoke volumes for your personal determination, and it definitely comes down to how bad you want it... Would love to take a shot but I am one of the myths haha I'm outside the finance industry! Awesome video Anthony L3!
Thank you for the Video.One of the best video about CFA. I passes CFA level I but I failed level 2.I like how you mentioned about the opportunity cost of doing CFA exam.As a single man,I there are things like your daily work routine and relationship issued that needed to be solved.I have to find more spare time after doing that two thing.I also glad that only few percentage of people who is doing the CFA exam can pass all level at the first try.At least that I am not by my self
Definitely a good review. The one what I looked for. I would like to ask you to compare CFA vs CQF (Certificate in Quantitative Finance)? I am really in a deadlock, cannot decide which one to study.
2:42 I have to disagree. On top of the costs you mention, to maintain your CFA credential you need to spend about 350 USD per year on average. Assuming an individual works 35 years after his CFA (gained at age of 30) it means that has to spend additional 12K dollars. Adding on average 3k exam costs it means it takes about 15k dollars overall. Anyway, still cheaper in comparison to top MBA worldwide (around 100k)
Is the pass rate due to people not knowing finance in general i.e. they do not have a Bachelor of finance degree? Or it is still difficult for a person who has obtained a Finance degree?
I have two questions. I personally have two years of retail banking experience and was wondering what I would have to do to make myself marketable to capital market divisions and investment firms. Also another question would be would learning Python and R benefit me especially that we're moving towards AI in the next 10 years?
For your first question, make sure that you show you are interested in finance, good excel modelling skills and meet people from those area so you have a good understanding of the role. For your second question, I do not know.
I work in a capital markets team at an investment firm. Like Anthony said, excel modeling matters. Also, make sure you’re familiar with business intelligence (Power BI, Tableau, Salesforce, etc.) and that you have experience that attests of your work ethic.
Hello Anthony, I am a from India and loved you content. I'm a persuing graduation and very passionate about Finance and Capital markets, real estate so i had decided to persue to get more deep knowledge in the world of Finance and currently working on advance excel skills and Financial modeling and valuation. In future Can I get the internships after level1 or level2?
Hi Kshitiz, that is great work. As you’re passionate about finance keep it up. You may be surprised that you might not need level 1 or 2 before you get an internship. So don’t think that you need the qualifications before the internship. Good luck!
So someone looking to get into the field of finance should pursue the CFA? I’m confused. You mentioned that someone who doesn’t have a background in finance shouldn’t pursue ithe CFA and towards the end you mentioned that someone who is young and interested in getting a career in finance should pursue the CFA. Could you clarify? Maybe I misunderstood. Great video!
That is a fair question. What I mean is that if you are just starting your career in finance then it is great and will help you further your knowledge quickly. However, if you have no relevant background in anything finance related then taking CFA won't be your golden ticket into the finance industry after you have been working in a completely different industry with no cross over in skill or experience.
@@anthonycotterfinance5094 Why? I'm just coming out of the military and moving into finance and have found the fact that I am half way through the CFA to be immensely useful.
@@rc3769 that is amazing work. The CFA is really useful to build your understanding. The qualification will certainly open doors but consider an example where there are two candidates going for the same job, 1 has 4 years of finance experience and no CFA, the other has no finance experience but the CFA. Just because someone has the qualification does not mean that they are hired. The CFA qualification can help get through the first screening but is unlikely that it is the sole reason someone is hired.
Thanks for sharing this fantastic video.Is it possible to get in touch with you via email somehow?I have few questions which i think you might know the answers or to give me an advice if its not too cheeky ta
Best summary video of CFA I’ve watched 👌🏼
Thank you for your kind words Mohamed. Glad you found it useful.
absolutely yes
I have heard many horror stories, especially the pass rate which you highlighted in the first vid. But only 9% passed all of them first try!
The CFA always spoke volumes for your personal determination, and it definitely comes down to how bad you want it...
Would love to take a shot but I am one of the myths haha I'm outside the finance industry! Awesome video Anthony L3!
I think the CFA made me more discipline somehow. I became way more productive when I started doing it.
Well done. Definitely makes you focus on your time management.
Thank you for the Video.One of the best video about CFA. I passes CFA level I but I failed level 2.I like how you mentioned about the opportunity cost of doing CFA exam.As a single man,I there are things like your daily work routine and relationship issued that needed to be solved.I have to find more spare time after doing that two thing.I also glad that only few percentage of people who is doing the CFA exam can pass all level at the first try.At least that I am not by my self
I’ve seen so many videos on this subject and this was the best. Great work.
Thanks Trevor . Much appreciated
I’m going through it now, it’s no joke just sooo much to get through
Awesome summary of a CFA, looking forward to more content Anthony
Thanks for this video Anthony! Writing level 2 in 9 days. Cheers.
All the best Marc hope it was useful.
@@anthonycotterfinance5094 Were you able to pass ? I hope so, I have exam coming up in 10 days
Thanks for the video. Can u do a comparison between CFA and other designations as FRM, CAIA & CIPM and if it is worthly to have multiple of them??
Thanks for dropping the knowledge Anthony!
Very interesting. Thanks for sharing.
Definitely a good review. The one what I looked for. I would like to ask you to compare CFA vs CQF (Certificate in Quantitative Finance)? I am really in a deadlock, cannot decide which one to study.
Nice video mate, Can't recommend the importance of professional qualifications myself!
Great stuff Anthony!!
Awesome video man, the explanation is very understandable and def seems like a solid thing to have! Like #15
Good job, so proud
Amazing video sir. Thank you. I am planning to pursue my CPA but this was very insightful. Any thoughts on the CPA?
How many levels did you pass and in how many attempts?
2:42 I have to disagree. On top of the costs you mention, to maintain your CFA credential you need to spend about 350 USD per year on average. Assuming an individual works 35 years after his CFA (gained at age of 30) it means that has to spend additional 12K dollars. Adding on average 3k exam costs it means it takes about 15k dollars overall. Anyway, still cheaper in comparison to top MBA worldwide (around 100k)
Damn
Is the pass rate due to people not knowing finance in general i.e. they do not have a Bachelor of finance degree? Or it is still difficult for a person who has obtained a Finance degree?
Thank you!! nice video!!
Some great content.
I have two questions. I personally have two years of retail banking experience and was wondering what I would have to do to make myself marketable to capital market divisions and investment firms. Also another question would be would learning Python and R benefit me especially that we're moving towards AI in the next 10 years?
For your first question, make sure that you show you are interested in finance, good excel modelling skills and meet people from those area so you have a good understanding of the role. For your second question, I do not know.
I work in a capital markets team at an investment firm. Like Anthony said, excel modeling matters. Also, make sure you’re familiar with business intelligence (Power BI, Tableau, Salesforce, etc.) and that you have experience that attests of your work ethic.
Hello Anthony, I am a from India and loved you content. I'm a persuing graduation and very passionate about Finance and Capital markets, real estate so i had decided to persue to get more deep knowledge in the world of Finance and currently working on advance excel skills and Financial modeling and valuation. In future Can I get the internships after level1 or level2?
Hi Kshitiz, that is great work. As you’re passionate about finance keep it up. You may be surprised that you might not need level 1 or 2 before you get an internship. So don’t think that you need the qualifications before the internship. Good luck!
@@anthonycotterfinance5094 A millon thanks to you Anthony
AGREED WITH ALL BUT THE ANECDOTE OF BOSS LOVING YOUR CFA... WELL.... THINK AGAIN. ESPECIALLY IF THE BOSS IS NOT A CFA CHARTERHOLDER
Disagree mine isn’t & he appreciates it.
Hi! Excellent video. I am 56 years old. Do you think it is a handicap to be older and go for the CFA? Thank you.
Not at all. May not progress you career the same way if you were junior, but being older will not hinder your ability to pass the exams at all.
@@anthonycotterfinance5094 thanks a lot! 🙂
So someone looking to get into the field of finance should pursue the CFA? I’m confused. You mentioned that someone who doesn’t have a background in finance shouldn’t pursue ithe CFA and towards the end you mentioned that someone who is young and interested in getting a career in finance should pursue the CFA. Could you clarify? Maybe I misunderstood. Great video!
That is a fair question. What I mean is that if you are just starting your career in finance then it is great and will help you further your knowledge quickly. However, if you have no relevant background in anything finance related then taking CFA won't be your golden ticket into the finance industry after you have been working in a completely different industry with no cross over in skill or experience.
@@anthonycotterfinance5094 thanks Anthony!
@@anthonycotterfinance5094 Why? I'm just coming out of the military and moving into finance and have found the fact that I am half way through the CFA to be immensely useful.
@@rc3769 that is amazing work. The CFA is really useful to build your understanding. The qualification will certainly open doors but consider an example where there are two candidates going for the same job, 1 has 4 years of finance experience and no CFA, the other has no finance experience but the CFA. Just because someone has the qualification does not mean that they are hired. The CFA qualification can help get through the first screening but is unlikely that it is the sole reason someone is hired.
@@anthonycotterfinance5094 gotcha thanks
Smashed the like 👍
CFA VS CQF can you explain difference
I'm taking level 1 in November. Any tips for me?
Do as many exams and practice questions as possible. Don't try to rewrite the notes.
Well there goes that plan. Jk. Great stuff
CFA vs MBA
Whatever you say Jimmy Fallon, na actually thanks!
It’s actually a Certification, not a Qualification..lol
❤ from India..
Thanks for sharing this fantastic video.Is it possible to get in touch with you via email somehow?I have few questions which i think you might know the answers or to give me an advice if its not too cheeky ta
CFA vs MBA