still not sure which part is “bashing” on my post to the OP when I merely stated the facts…but okay we’re done.
by the way i never used the word “easy” - did say the pass rates hover around 40%…
You said “I only stated the facts about pass rates - ~40% represent that you only need to come in around 40th place out of 100 people to pass cfa exams - to point out that no, the exam itself is not THAT difficult to pass. Yes, crap ton of books so you need to memorize stuff so that may take some time but is the material diffciult? NO. Tough to pass? at 40% pass rate? NO.”
You make it sound like its some trivial feat, like you only have to be some mediocre, middle of the road person to pass this simple test. Its frankly not impressive to say “I came in 40th out of 100 in some race.” The reality is more akin to “I came in 40th in a marathon of 100 people, all of whom were in the top ~40% of 2 previous marathons.”
well then maybe that 40th place is 40th place at the US Open competing against McIlroy, Spieth, Rose, Fowler, Scott etc…very very impressive indeed…there now go study level 3 - make sure you know how to calculate required rate of return and risk tolerance level in the morning session. go get em you are competing against the best of the best!!
Damn you’re salty. Why are you on this forum bro?
infinity, did you pass all three levels of the CFA? Are you in the “front office” of a hedge fund in NYC?
This thread started out entertaining as hell. Felt like OP could have actually been the Iron Sheik in disguise (you jabroni!!!).
It devolved into a playground argument by two guys who can’t have the other get the last word.
infinitybenzo,
i see your point, but I also believe in what was said above that you are not a charterholder and just trolling around. CFA is not just 45% pass rate of level lll it is 3 exams, each takes at least 300hr studies (i usually study ~500) which are minimum 4 months when you have full time job.
And to all those who manifest that its not helpful, it helps, but its not a magic key same as MBA. I was shortlisted during recruitment as I passed level ll back then, and after it was my interview skills , but I got a shot to show it and get a job.
Plus, just search CFA keywords in linkedin jobs, you will see that many positions require CFA/MBA. I personally prefer paying 5K for CFA than 160K for top MBA if both of them stands on the same line for an employer.
, CFA/top-MBA they’ll help to get in no questions on that, but after its only your talent that matters
lot of hurt feelings here…if you guys want a friend and kind words to give you false hope, although any kind of hope is essential, get a puppy.
Well then I’m sorry that you had to spend years and it didn’t work for you the way you imagined but on the other side, now you are an MBA (hopefully?) there are 3 categories of people in this business I believe… who can make it without anything who get CFA or MBA who gets both… highest opportunity cost years/money wasted but hey! as long as it makes you happy - who cares!
best.
thanks for the well wishes.
actually I am looking into mba. either part time at nyu or emba at columbia. probably go for the latter although more costly but hey you get what you paid for ie Columbia in this case…don’t want full time because i don’t want to quit my job and not looking for a career change.
The thing about mba is yea it costs wayyyyy more than CFA but you get the network and new friends who will potentially last for the rest of your career. networks made at schools like columbia can be quite valuable…it can lead to new opportunities now or down the road and if anything new friends. expensive yes, but who know who i will meet and what new opps they could bring to me…
What is your age? Im not asking sarcastically, just curious at what age its not too late for an MBA to be beneficial
i am 29/30. i would go for full time and my age is right in the range for full time but i have no interest in changing my career hence looking at part time. but part time in nyc would mean nyu which i am not too thrilled about…so i am looking at emba at columbia which is only few B/D train stops from me.
I went to Columbia MBA. Taking CFA for a mental challenge and “who knows” factor. Live in SW U.S. and had lunch with CBS alums the last two days. You’re right about network.
i rejected the statement of charges after permanent ban, there is any chance to reduce Ban period?
What country are you from
country matter for CFA institute or institute discriminant candidate by country?
Why do u insist on getting the charter anyway? If u r struggling L1 (the easiest part of the CFA program) multiple times, maybe the CFA is not meant for u. Getting the charter most likely means getting very-high-pressure jobs with very long hours, at least in my region. Are u emotionally ready to commit to such jobs?
Just tell me
china
Mainland or hong kong?