I'm a level 2 candidate and i really feel CFA has had a huge impact on who I, am. It has changed me so much in terms of persistence and hardwork determination. I really hope I'll be blessed with being a charterholder. I'm really grateful for finding it.
About to fail level 2 tomorrow morning (48-58% mock scores lol) but the CFA if anything should show your persistence. You have to be able to sell your story. Level 2 gives you all the information you need to really intelligently speak about markets. Of course you have to watch the news but still. I’d argue it’s worth it. After I fail tomorrow I have my first ever regression forecasting project because statistics doesn’t scare me anymore. There’s asset management, research, all sorts of roles to get into. Do this for yourself first more than anything. Otherwise just study equity and fixed income valuation maybe some quant and sell it in your interviews and you’ll be fine
Thank you for the video.I understand from your video that CFA is more for people with passsion towards finance.If you only have talent then a degree on finance is the best option and people can chooses either MBÀ ór other postgraduate studies according to their passion
In the job market, it's a classical supply / demand situation. The Wall street top employers like Goldman Sachs have much more applicants than open positions, and no matter what the educational background, many applicants will be rejected. Sad but true.
Thanks for your video. I’m gonna take lv2 on November, 2024. I will come back here to share the result with you guys! If you are dedicating for CFA, Good luck everyone!🎉
Just subscribed to your Channel. Thank you for keeping it real. I am new to this and I have no background or knowledge whatsoever about Finance. If that's the case, where do I start? Have a great day!
Thanks Samuel! Websites like Wall Street Oasis are helpful for learning the basics. There are also communities on Reddit for different finance career paths you may find interesting.
World is changing very fast and no degree or certification can guarantee life long job security. The only trait that can ensure job security is the habit of lifelong learning.
I'm a data scientist. I see investment firms recruiting data scientists. Would a CFA makes sense for someone with an engineering and computing background?
It could make sense. It also might be possible to join an investment firm without it. If you are focusing on giving the investment team support with your knowledge of data and analytics, the CFA might not be needed. If you want to make the investment decisions yourself, the CFA might make more sense. I’d try speaking with more people at these firms to get a few different perspectives.
Do you think I can do the CFA While working full time ? And how many hours should I study per week for level 1 for example any insight would help thank you . Great video !
Most people complete the program while working full time. So it's definitely possible but it's a major commitment. The usual estimate is about 300 hours of total studying per level to have a good chance at passing.
I'm into market trading(Equity F/O) and thinking about perusing CFA... will it benefit me or should i try something else ? All I'm wishing is for to learn the depth of the market ...Hoping for your answer...
The CFA Program will help you understand the theories behind how different financial assets are valued based on fundamentals. I'd say level one covers everything you'd find in an undergraduate finance degree, level 2 is like a masters in finance, and level 3 is about wealth management / asset allocation / financial planning. It's a structured program to learn about all kinds of investments. It should help with trading, but if you're looking at a specific career path, I'd ask people in those roles if they personally think it's worth the work. The program does take a lot of time and mental energy.
@@JoeMaule Thank you for the quick reply Surely your explanation helped me...I guess I'll go with it alongside... because it's very much what I'm looking for...😊
I am a college grad and planning to get CFA 1. I am a finance major and I want to land an entry level analyst job. Will CFA 1 necessary or goof to have? What can I do in addition or other than that?
@@ReddyChaitanyaGundrathi chartered investment manager, a csi course for portfolio management, not really back office analyst type course but gives you discrtionary rights after 4 years, where you from brother?
For Investment Banking, I believe an MBA is the better option because it comes with a more structured recruiting program. The CFA can definitely help too, but if you only have time for one, I think the MBA offers a more direct path. For picking an MBA program, I'd look at employment statistics from your target schools to see how many graduates get into Investment Banking upon graduation.
@@Al-dj3wp I passed the 3 levels. I even know a loser (fired from accounting from a big4 ) who spent every hour of his free time to study and pass level 3 so it is shit
@@Nanix1991 There's no degree or charter that can guarantee a job. CFAI is the first to tell you that. When somebody isn't bright or have all the other tools to succeed, a charter is not going to change anything to his situation. I think it's just absolutely wrong to say the CFA is worth nothing. And yes, there are plenty of employers who list the CFA/FRM/PRM as nice to have in their job descriptions.
Do you feel the CFA is worth it for you?
I'm a level 2 candidate and i really feel CFA has had a huge impact on who I, am.
It has changed me so much in terms of persistence and hardwork determination.
I really hope I'll be blessed with being a charterholder.
I'm really grateful for finding it.
Thank you for sharing. I agree, the program can help candidates develop a strong work ethic and bring a real sense of accomplishment.
have you passed the cfa level 2 exam....
So you passed lv3 now?
About to fail level 2 tomorrow morning (48-58% mock scores lol) but the CFA if anything should show your persistence. You have to be able to sell your story. Level 2 gives you all the information you need to really intelligently speak about markets. Of course you have to watch the news but still. I’d argue it’s worth it.
After I fail tomorrow I have my first ever regression forecasting project because statistics doesn’t scare me anymore. There’s asset management, research, all sorts of roles to get into. Do this for yourself first more than anything. Otherwise just study equity and fixed income valuation maybe some quant and sell it in your interviews and you’ll be fine
Did you end up failing?
Did you pass
I agree with your take 100%. knowledge is its own reward, career opportunities the charter may yield are an added bonus.
Thank you for the video.I understand from your video that CFA is more for people with passsion towards finance.If you only have talent then a degree on finance is the best option and people can chooses either MBÀ ór other postgraduate studies according to their passion
In the job market, it's a classical supply / demand situation. The Wall street top employers like Goldman Sachs have much more applicants than open positions, and no matter what the educational background, many applicants will be rejected. Sad but true.
Thanks for your video.
I’m gonna take lv2 on November, 2024.
I will come back here to share the result with you guys!
If you are dedicating for CFA, Good luck everyone!🎉
Good luck!
Just subscribed to your Channel. Thank you for keeping it real. I am new to this and I have no background or knowledge whatsoever about Finance. If that's the case, where do I start? Have a great day!
Thanks Samuel! Websites like Wall Street Oasis are helpful for learning the basics. There are also communities on Reddit for different finance career paths you may find interesting.
Nice vid Joseph. You made the point succinctly.
- Abhishek Bal, FRM, CFA
Great video mate
World is changing very fast and no degree or certification can guarantee life long job security.
The only trait that can ensure job security is the habit of lifelong learning.
I'm a data scientist. I see investment firms recruiting data scientists. Would a CFA makes sense for someone with an engineering and computing background?
It could make sense. It also might be possible to join an investment firm without it. If you are focusing on giving the investment team support with your knowledge of data and analytics, the CFA might not be needed. If you want to make the investment decisions yourself, the CFA might make more sense. I’d try speaking with more people at these firms to get a few different perspectives.
Hello
I'd like to know
Is it worth in job market having completed just CFA level 1?
Why would there be a further two levels if CFA 1 is satisfactory?
Do you think I can do the CFA While working full time ? And how many hours should I study per week for level 1 for example any insight would help thank you .
Great video !
Most people complete the program while working full time. So it's definitely possible but it's a major commitment. The usual estimate is about 300 hours of total studying per level to have a good chance at passing.
I'm into market trading(Equity F/O) and thinking about perusing CFA... will it benefit me or should i try something else ? All I'm wishing is for to learn the depth of the market ...Hoping for your answer...
The CFA Program will help you understand the theories behind how different financial assets are valued based on fundamentals. I'd say level one covers everything you'd find in an undergraduate finance degree, level 2 is like a masters in finance, and level 3 is about wealth management / asset allocation / financial planning. It's a structured program to learn about all kinds of investments. It should help with trading, but if you're looking at a specific career path, I'd ask people in those roles if they personally think it's worth the work. The program does take a lot of time and mental energy.
@@JoeMaule Thank you for the quick reply
Surely your explanation helped me...I guess I'll go with it alongside... because it's very much what I'm looking for...😊
Nice
is the CFA + MBA WORTH it?
in the indian scenario with a PGP from IIM A or C, it is 🔥🔥🔥
I am a college grad and planning to get CFA 1. I am a finance major and I want to land an entry level analyst job. Will CFA 1 necessary or goof to have? What can I do in addition or other than that?
Not much if you dont do lvl 2,3 , also, of your in canada do the cim
@@snooz2158 what’s CIM? Also thanks for the reply 🤝
@@ReddyChaitanyaGundrathi chartered investment manager, a csi course for portfolio management, not really back office analyst type course but gives you discrtionary rights after 4 years, where you from brother?
@@snooz2158 great! Thanks for the suggestions brother. I live the USA. doing Finance undergrad
Is CFA a good qualification for Investment banking role?
Or do you need a MBA?
For Investment Banking, I believe an MBA is the better option because it comes with a more structured recruiting program.
The CFA can definitely help too, but if you only have time for one, I think the MBA offers a more direct path.
For picking an MBA program, I'd look at employment statistics from your target schools to see how many graduates get into Investment Banking upon graduation.
@@JoeMaule thanks for your response
CFA is not worth it whatsoever, rarely any employer write it in their job requirements...
Let me guess, you are not a charterholder.
@@Al-dj3wp I passed the 3 levels. I even know a loser (fired from accounting from a big4 ) who spent every hour of his free time to study and pass level 3 so it is shit
@@Nanix1991 There's no degree or charter that can guarantee a job. CFAI is the first to tell you that. When somebody isn't bright or have all the other tools to succeed, a charter is not going to change anything to his situation. I think it's just absolutely wrong to say the CFA is worth nothing. And yes, there are plenty of employers who list the CFA/FRM/PRM as nice to have in their job descriptions.
Nice