IB and PE Industries

Water Cooler Careers
#1

I know both respectively, from what I’ve gathered, could care less about the CFA charter. My question is why though? Between Level I and II FRA/Equity, I’d argue the skills and knowledge gained there are extremely valuable for IB and PE, at least at the Analyst/Associate level.

Anyone care to add or share why these industries do not care or place as much value on the program vs. AM, RIAs, Hedge Funds?

#2

its all about who you know vs what your model looks like

#3

Can’t argue there, I know guys in IB that make way more than what they are worth given their technical skills and fundamental finance knowledge.

#4

CFA is mostly used for marketing. Seems like it works better in gathering assets for stocks vs making deals or buying private companies