95% of L1 takers (and maybe only 94% of AF users) come to the program to learn how to pick stocks. This is not where the value in our industry lies. Tax alpha/risk management isn’t nearly as sexy as Jim Cramer though apparently, so everyone just wants to skip over it.
About exact sample of people attending program with mentioned expectation. I would say that over 90 % attendants expect better job or/and salary rather than expecting stock picking skills improvement. At least check official structure of attendants, as I remember traders are not significantly represented in total attendants population .
I stand by my guesstimate, even if stock picking isn’t their primary motivation. However, portfolio manager is the most popular charterholder occupation, and I would guess again that the majority of these are attempting to pick stocks.
My guess is that such percentage is quite less than 95%, maybe even less than 30% if we look at the overall world sample. I cannot remember any person who joined the program with solely such motivation.
I don’t know how about you but I was better stock picker before this program when I was just spontaneous. Now I think too much before each opportunity.
Level 1 is very interesting for a non-finance background person, it is relatively cheap and you get that extra motivation from having a deadline for the test