Love the video! Great job, Lynn! For me, I got my mba, and it changed my life. I failed cfa level I and decided it was not for me. Got cpa because my boss asked me to and now is incredibly valuable as I start my own financial coaching and planning business. The takeaway is, it doesn’t hurt to try and you’ll find what fits your specific situation in the end😊
The CFA provides deeper Finance knowledge, especially for investment professionals. It’s much more difficult and is all self-study, which can be challenging. An MBA provides broader business knowledge and better networking opportunities, especially at top schools. The downside is that it can be much more expensive in the short term. They are different and complementary programs. Both provide great value depending on your specific goals!
Thanks a lot, huge respect from Pakistan. Its an humble request to please make a video on CFA content available in the market. I am a CFA LEVEL 2 candidate. Thanks
Nicely done Lynn. Just one correction - as per the CFA Institute the average time taken to pass the CFA (all levels) is 4 years. Took me 5. Of course tagged the FRM Charter along the way as well. - Abhishek Bal, FRM, CFA
Wow thanks, you answered all my questions! I especially loved the last point about the Professional Standards and Ethics portion, it's very motivating and encouraging.
I would say the CFA is not relevant outside of investment management, while the MBA is applicable to various industries. I don't think the two are comparable.
@@cfatipsandtricks can i ask a few questions: 1) how is the essay portion graded? lets say that the answer to 1c is dependent on getting 1b correct. do we have to re-write the calculations of 1b in 1c? because i heard each sub-question is graded by a different person. 2) can you do a video on how to answer L3 essay questions?
Dear Lynn, I just discovered your channel a few days ago. I binge watched all your videos and I am really appreciate the insights you shared. It really help frame my thinking in a really new way and I find your presentation very concise and professional and I really admired it. Anyway if you don't mind me sharing some of my suggestions. 1/. I think if you were to make some videos sharing your commentary on trending financial news it would help promote your channel through the youtube algorithm. I've I have seen channels really explode lately because the youtuber spoke about $GME, and I think topics about Tesla and Bitcoin will remain popular for a while longer. 2/. Audio and Lighting, Though the audio and lighting of your video is perfectly fine, I would suggestion (for when you are ready) to research 3 point lighting and investing in a USB or XLR audio mic. I find those two elements often add a very polished look for youtubers when done at a high level. Anyway thank you again for the content, I hope my suggestions provide you a fraction of the value your videos provided me. Please continue to make videos and I really hope to be able to connect you with you again.
Thank you for the valuable input and advice, Chelios! I gladly leave commenting on financial trends to my fellow youtubers. I have no intention to go viral (I wouldn't have the resources to keep that up). I'm just happy if I can help young folks to make some smart decisions in life. All the best to you in your endeavors, and thanks a lot for following my channel!
Hi Lynn, love your videos! Do you have any advice for new graduates who want to start a career in finance? I would also find it very interesting if you could share your opinion on working in finance in Switzerland (e.g. Zurich) vs larger cities. I am a newly graduated Economics student about to start my Masters in Finance, and speak German and French, so I have considered applying to jobs in Switzerland. I'm mostly interested in Research analyst roles. Take care and best wishes, hope you keep uploading more content!
Switzerland has a thriving asset and wealth management industry, not so much investment banking, which has gradually moved to the larger financial centers over the last 2 decades. I'd recommend you to look at the website of the Swiss wealth managers' association, where currently 2170 members are registered, to familiarize yourself with the players. There is an advanced search function here: www.vsv-asg.ch/de/mitgliedersuche
CAIA is better for alternative markets - hedge funds , real estate , private equity? Also, would it not be better just getting a Masters degree in Finance from a good school - although costly and time out of job market.
Hi Michael, it depends on each person's individual situation. I can just give you some points to reflect on. CAIA is also a growing community and if going into alternative markets is your ultimate goal, it can certainly be valuable.
Hello mam i am from India I have passed in Becom and PGDBF diploma in banking and finance in 2019 but yet I don't have work experience . (I work in other filed) so am I eligible for CFA exam. Thank you
I have completed bba . I don't have any work experience. I am planning to do freshers mba in finance from uk this year . After completing my mba in finance from there , I will search for an entry level tier 2 jobs in uk . I am interested to build my career in fp and a or portfolio management . So also planning to do an extra course like msc in finance or cfa after completing my mba and while doing my job. According to my career planning pls suggest me wheather to choose msc in finance or cfa .
Don't just go for the title. Employers value practical experience. If you just rack up titles without practical work experience, it defeats the purpose. Go out there and do some real work as early as possible in your career.
if you have money, save yourself a lot of struggles and pay for a world class mba. if you have no money, take the cfa. in the 3rd world country im from, with some work experience, l1 doesnt mean anything l2 gets you at least us$2000/month l3 >$4000/month. in the us, a survey shows charterholders make 6 digits a year.
if you want a career as an analyst/portfolio manager, it's the cfa. on most roles mba is a safer bet but it depends on the business school and the country you work in. in 3rd world countries, passing cfa l3 brings you a god-like reputation for intelligence and perseverance rivalling ivy leagues that generally let you fill in any role an mba would qualify.
@@pepelepew1227 I'm from Turkey.I am just going to university this year and it will take me four years to get a bachelor's degree in business administration and after the program I am going to go to very good business school . Is it worth taking CFA in this 4 years ? But I'm sure I'm going to get MBA Thanks in advance
@@mohammadrezasafamehr9190 iirc you need to be at least a final-year bachelor student (in any field) to register for the cfa. i would suggest discovering what you want to do first as a career before taking the cfa. in any case, the knowledge from the program itself is worth every penny. what i meant by "no money" is us$100k for one of those top western mba. today the top tier banks and companies look at your school and extracurricular activities on top of grades during hiring.
IMO tends to be less relevant in IB than in AM. Nevertheless, if you do not have any basics in finance, CFA helps to understand the technicalities better, and the professional standards also apply in IB.
I'd study something to acquire "hard skills" (such as computer science or programming) and add a CFA once I get my first job. These days it never hurts to be tech savvy in any profession.
Love the video! Great job, Lynn! For me, I got my mba, and it changed my life. I failed cfa level I and decided it was not for me. Got cpa because my boss asked me to and now is incredibly valuable as I start my own financial coaching and planning business. The takeaway is, it doesn’t hurt to try and you’ll find what fits your specific situation in the end😊
How about CAIA without CFA. It that good option ?
You got this!
I’m in the process of doing both, they are completely different and both are very useful
This is a great breakdown! Thanks for being so comprehensive Lynn.
Beauty and intelligence! I love how she speaks, too. Sophisticated
Thank you Ted, much appreciated ❤️👍
The CFA provides deeper Finance knowledge, especially for investment professionals. It’s much more difficult and is all self-study, which can be challenging.
An MBA provides broader business knowledge and better networking opportunities, especially at top schools. The downside is that it can be much more expensive in the short term.
They are different and complementary programs. Both provide great value depending on your specific goals!
Thank you for these insights!
Thanks a lot, huge respect from Pakistan.
Its an humble request to please make a video on CFA content available in the market. I am a CFA LEVEL 2 candidate.
Thanks
I will try to come up with something when I find the time.
Nicely done Lynn. Just one correction - as per the CFA Institute the average time taken to pass the CFA (all levels) is 4 years. Took me 5. Of course tagged the FRM Charter along the way as well.
- Abhishek Bal, FRM, CFA
Thank you for the clarification Abishek 👍
Wow thanks, you answered all my questions! I especially loved the last point about the Professional Standards and Ethics portion, it's very motivating and encouraging.
Glad it was helpful!
I would say the CFA is not relevant outside of investment management, while the MBA is applicable to various industries. I don't think the two are comparable.
thank you lynn, this is very informative for someone who's choosing their careers after senior year, thank you so much!
Glad it was helpful!
Thanks Lynn for the informative video. Can you make a video on opportunities for CFA across the globe, please?
Great suggestion!
@@cfatipsandtricks can i ask a few questions:
1) how is the essay portion graded?
lets say that the answer to 1c is dependent on getting 1b correct.
do we have to re-write the calculations of 1b in 1c? because i heard each sub-question is graded by a different person.
2) can you do a video on how to answer L3 essay questions?
I wish to have mba/cfa. But i had almost zero maths foundation. I am 57 just being tutored reasonly startimg from level 6.
Wishing you the best of success in your endeavors!
Thanks
Dear Lynn, I just discovered your channel a few days ago. I binge watched all your videos and I am really appreciate the insights you shared. It really help frame my thinking in a really new way and I find your presentation very concise and professional and I really admired it. Anyway if you don't mind me sharing some of my suggestions. 1/. I think if you were to make some videos sharing your commentary on trending financial news it would help promote your channel through the youtube algorithm. I've I have seen channels really explode lately because the youtuber spoke about $GME, and I think topics about Tesla and Bitcoin will remain popular for a while longer. 2/. Audio and Lighting, Though the audio and lighting of your video is perfectly fine, I would suggestion (for when you are ready) to research 3 point lighting and investing in a USB or XLR audio mic. I find those two elements often add a very polished look for youtubers when done at a high level. Anyway thank you again for the content, I hope my suggestions provide you a fraction of the value your videos provided me. Please continue to make videos and I really hope to be able to connect you with you again.
Thank you for the valuable input and advice, Chelios!
I gladly leave commenting on financial trends to my fellow youtubers. I have no intention to go viral (I wouldn't have the resources to keep that up). I'm just happy if I can help young folks to make some smart decisions in life.
All the best to you in your endeavors, and thanks a lot for following my channel!
Well structured and clearly explained! I find it really informative.
Thank you Hugo
Hi Lynn, love your videos! Do you have any advice for new graduates who want to start a career in finance? I would also find it very interesting if you could share your opinion on working in finance in Switzerland (e.g. Zurich) vs larger cities. I am a newly graduated Economics student about to start my Masters in Finance, and speak German and French, so I have considered applying to jobs in Switzerland. I'm mostly interested in Research analyst roles. Take care and best wishes, hope you keep uploading more content!
personally i would do either mf or cfa, but not both
I also observe some "title inflation" in the market lately. Most employers value practical experience, not titles.
Switzerland has a thriving asset and wealth management industry, not so much investment banking, which has gradually moved to the larger financial centers over the last 2 decades. I'd recommend you to look at the website of the Swiss wealth managers' association, where currently 2170 members are registered, to familiarize yourself with the players. There is an advanced search function here: www.vsv-asg.ch/de/mitgliedersuche
CAIA is better for alternative markets - hedge funds , real estate , private equity? Also, would it not be better just getting a Masters degree in Finance from a good school - although costly and time out of job market.
Hi Michael, it depends on each person's individual situation. I can just give you some points to reflect on.
CAIA is also a growing community and if going into alternative markets is your ultimate goal, it can certainly be valuable.
Would a CFA help a person into the finance sector that comes from a different background i.e. legal?
I think CFA is getting a bit outdated. A good Master's in finance with programming and other up to date topics is better.
seems you couldn't pass level 1 lol
@@yurgenbenz1813 have CFA and going back for a Masters
@@annajones9701 I couldn't pass lvl 1 so thought u were thinking like me .. cheers
@@yurgenbenz1813 each level is easy if you have good undergrad preparation...if not just requires studying material in more detail.
@@yurgenbenz1813 question bank and mock papers.
Max was here
Thanks Max
Hello mam
i am from India I have passed in Becom and PGDBF diploma in banking and finance in 2019 but yet I don't have work experience . (I work in other filed) so am I eligible for CFA exam.
Thank you
Yes you are. Wishing you success in your endeavors!
I have completed bba . I don't have any work experience. I am planning to do freshers mba in finance from uk this year . After completing my mba in finance from there , I will search for an entry level tier 2 jobs in uk . I am interested to build my career in fp and a or portfolio management . So also planning to do an extra course like msc in finance or cfa after completing my mba and while doing my job. According to my career planning pls suggest me wheather to choose msc in finance or cfa .
Don't just go for the title. Employers value practical experience. If you just rack up titles without practical work experience, it defeats the purpose. Go out there and do some real work as early as possible in your career.
@@cfatipsandtricks thank you very much ❤️
JUST A SMALL SUGGESTION...get along with certificate try to grab practical knowledge
Investment banking career it's all of pressure is it true ....! What's the reality in this field ..?
It depends which country, department and company you're in I suppose, but in the end, IB is very much about performance mindset.
So CFA you don't need a teacher you just read like story books and pass the exams!! 😐
But some do both
Did they have a section in cognitive biases on the CFA curriculum?
Not that I recall
Wrong. It is part of level 3 curriculum. Who are you, Lynn?
How could you help us to clear all my CFA levels???
Check this video
ua-cam.com/video/1CpEzIgt5bI/v-deo.html
What is the starting salary for both? Or which one will help in being more successful in ur business in financial sector?
if you have money, save yourself a lot of struggles and pay for a world class mba.
if you have no money, take the cfa.
in the 3rd world country im from, with some work experience, l1 doesnt mean anything l2 gets you at least us$2000/month l3 >$4000/month. in the us, a survey shows charterholders make 6 digits a year.
if you want a career as an analyst/portfolio manager, it's the cfa. on most roles mba is a safer bet but it depends on the business school and the country you work in.
in 3rd world countries, passing cfa l3 brings you a god-like reputation for intelligence and perseverance rivalling ivy leagues that generally let you fill in any role an mba would qualify.
@@pepelepew1227 I'm from Turkey.I am just going to university this year and it will take me four years to get a bachelor's degree in business administration and after the program I am going to go to very good business school . Is it worth taking CFA in this 4 years ? But I'm sure I'm going to get MBA
Thanks in advance
@@pepelepew1227 I do not have financial problems because the university is free for me at the moment
@@mohammadrezasafamehr9190 iirc you need to be at least a final-year bachelor student (in any field) to register for the cfa. i would suggest discovering what you want to do first as a career before taking the cfa. in any case, the knowledge from the program itself is worth every penny.
what i meant by "no money" is us$100k for one of those top western mba. today the top tier banks and companies look at your school and extracurricular activities on top of grades during hiring.
Is CFA relevant to break into Investment banking role?
IMO tends to be less relevant in IB than in AM. Nevertheless, if you do not have any basics in finance, CFA helps to understand the technicalities better, and the professional standards also apply in IB.
@@cfatipsandtricks So mba is better than Cfa to break into Investment banking?
Dear God please fix the chess set. Bottom left of the board should be shaded 😬
It's a selfie camera, so the video is flipped.
What would you do when you were 18 y/o now?
I'd study something to acquire "hard skills" (such as computer science or programming) and add a CFA once I get my first job. These days it never hurts to be tech savvy in any profession.
@@cfatipsandtricks Nice. Do you speak schwiizerdütsch (swiss german)?
Ja wiäne Iheimischi 😄
@@cfatipsandtricks haha nice! ich überlegg mir grad ob ich ad ETH Züri (comp sci) oder ad HSG (business adm.) sell gah...
Isch beides guet. Ich würd tendenziell ned BWL mache sondern öppis meh Quantitativs. Das cha dier in Zuekunft nützlich sii. Viel Erfolg 👍
Well if you do MBA+CFA then you will earn like me😊 4lakh per month and 50lakh per year
U have done MBA from? i was planning to do it from warwick business school and then cfa is it a good choice? please reply gaurav
Exactly who employs us and from where if we complete both courses
Which firm anonymous and which position?
thats pretty much the same in indonesia for cfa 😆 they get paid more than 2x that amt in the us