CFA Complete Waste of Time; Here's Why...

lol hilarious

I have an MBA. And the amount of information i learned while studying just for Level 1 was worth the time, regardless of my exam results.

why is this Bleach guy so bitter?

A CMA and other accounting jobs in comparison to finance jobs? What a joke! there’s no need to post jobs from CMA requirements to CFA reqiurements. Most jobs don’t even state CMA perferred, they state CA or CFA perferred.

Additionally, accounting jobs and finance jobs are not even comparable. Comparing apples to oranges to prove your point is very ignorant.

It doesnt take a genius to realize there are always more accounting jobs out there, but are most of them desirable jobs? You have agencies like AccountTemp, RobertHalf etc that purely focus on accounting roles cause there’s more accounting jobs. But it doesn’t equate to a better job or what people want.

So stop with this comparison you ignorant child!

What the hell are you talking about? It sounds like you have a lot of angst against your parents, and that you have no idea what you’re talking about.

Either take the exam or don’t. Either way, nobody really cares much about you.

I think bleach’s opinion is very limited to one personal experience. I also think his statistics are applicable only in his region. During the past year I have come across at least a dozen job openinngs asking for CFAs. More than one of them asked for CFA Level I passed candidate! Some asked for Level II passers. This was a major reason why I decided to start my CFA studies. Every level is vertually being considered a cerificate in itself here. CMA is the least looked for certificate in the ME region, CFA, CA, and CPA the most. I already have my MBA, and have recently passed FRM exams, expecting to reap the fruit real soon, since FRMs are very few where I’m looking. Good luck to all.

Sigh, these “CFA is waste of time!!!1” threads must average one a week.

I’ve just posted on the Level II forum about a factor I think almost everyone ignores when assiging value to the the pursuit of the CFA charter - Location!

Some dude or gal in NY may not get much utility out of it, but what about someone in Mexico, Thailand or China? Lower pool of charterholders there so the opportunites are greater or the barriers are lower, whichever way you want to look at it.

Thread here: http://www.analystforum.com/forums/cfa-forums/cfa-level-ii-forum/91314458

You can definitly find a high pay finance job once you get the charter…no doubt about that. Reason, because people who get the charter have proved dedication and knowledge in the field of finance. Plus an MBA is money wasting hogwash

In my experience organizations have tied compensation to strategy goals very well, including the opportunity to learn, and get paid for it which is definitely a bonus. Giving employees the opportunity to not get into the wrong areas or get deeper into anything they don’t understand/Learn /comprehend. This could sometimes range anywhere between 5 to 15 and above after entry from university, and today in many cases even before the enter University. However the North American system provides the opportunity to further study at anytime to benefit from compensation that organizations have to offer

Organizations are in the process of creating a even balance in the work place while dealing with the technical political and cultural differences

okay, i have read what you have to say. BUT it cannot be a complete waste. If you don’t get a job, you still have a lot of knowledge under your grips so you can invest on your own.

Fuck your pretentious boutique investment bank. Nobody gives a fuck.

So much hostility.

Actually, I care about his boutique investment bank.

Rather, you should go fyck your pretentious self. Because no body here gives a fyck about you.

You probably made a fake account and just started posting here cause you want attention. I think we gave you too much attention already.

Bleach, I beg of you, dont persue this charter, We dont want people like you in our industry

The question is, does this still apply to a charterholder, or does finishing all three exams bump up the persons eligibility versus when they were exam candidates?

This thread needs to be closed. Too many immature children here who clearly did not understand the point at all…

…thread closed!

Noooooooooooooooooo

Now we are just a village without the idiot…

Wow, you can close a thread just by yelling loud enough? I never knew that.

Yea Bleach, you really don’t understand the point. you immature child.

You will have lots to learn child. a mentally challenged child that is.

grab your balls, bleach

Speaking as a young, recent college graduate, I don’t think your plan worked very well…