CFA worth it?

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  • เผยแพร่เมื่อ 27 ส.ค. 2024

ความคิดเห็น • 107

  • @AI-ml1sl
    @AI-ml1sl 2 หลายเดือนก่อน +19

    I am working on the CFA and have been in the industry for 6 years. I am glad I got experience before starting on the CFA as I am understanding the concepts better and easier.

    • @jonathanknight4364
      @jonathanknight4364 7 วันที่ผ่านมา

      Excuse me, but could you write what experience you had before you got CFA? Area?

  • @Countcho
    @Countcho ปีที่แล้ว +174

    CFA can get u a job that gets u the experience to get to wall street

  • @cheeveka3
    @cheeveka3 ปีที่แล้ว +82

    Banking and being manager of Funds are different fields. People always get those two mixed up.

  • @gijns
    @gijns 4 หลายเดือนก่อน +15

    I dont understand why people constantly overlap IB with the CFA. Being an active player in this space, the designation is most active in traditional AM roles in PM. If you're younger, I'd suggest you go for the designation. You'll make the time for networking, studying and working. Plus the CFA journey weeds out a lot of undisciplined people quickly.

  • @lade_edal
    @lade_edal 9 หลายเดือนก่อน +36

    CFA here. Honestly only worth if you have a random degree in unrelated subject like chemistry or whatever and want to transition. Also if you’re joining from a different industry. Otherwise honestly, wouldn’t bother.

    • @almondtree17
      @almondtree17 5 หลายเดือนก่อน

      Thanks, i need this ❤

    • @sastreams297
      @sastreams297 4 หลายเดือนก่อน +1

      I have a question , I got like in 90s in 11th and I’m going to 12th and I’m very scared cause I don’t know what i want to do after 12th, I don’t have the confidence to do cfa , and i just wanted to know how many hours is required to study it cause i do want to spend time with others too, after my studies… and how did u get the confidence to do so?

    • @perceivedvillian3584
      @perceivedvillian3584 หลายเดือนก่อน

      Thanks, I was going to ask this. Literally have an undergrad in chemistry lol and a medical degree, but zero formal finance education. Looks like it would be a good start for me, a masters degree is so expensive and I’ve read masters of finances are not that well regarded

    • @DavidPerez-yt
      @DavidPerez-yt หลายเดือนก่อน

      @@sastreams297bruh u need an undergrad degree before you even think of a cfa🤦🏽‍♂️

    • @emedlearning9035
      @emedlearning9035 6 วันที่ผ่านมา

      ​@@sastreams297 of course you don't have the confidence, get a degree first

  • @powerhouseinco9664
    @powerhouseinco9664 ปีที่แล้ว +37

    in my country top investment banks, VCs, AM firms actually list CFA1 as a requirement or a plus even for an internship.

    • @armynso
      @armynso 11 หลายเดือนก่อน +3

      What country is that? If you don’t mind me asking

    • @powerhouseinco9664
      @powerhouseinco9664 11 หลายเดือนก่อน +3

      @@armynso Kenya and South Africa. I live in both.

    • @vibhishnagul
      @vibhishnagul หลายเดือนก่อน

      Which country

  • @alduin6036
    @alduin6036 ปีที่แล้ว +59

    im a stock broker. CFA is not needed for my job in deciding which stocks to pick. you just need good common sense, sharp ear and eyes on monitoring changing economy factors around you. but if i am pursuing career in asset management company like bridgewater, vanguard, i would probably take the exam, eventho it is not required. CFA does help in furnishing your resume and stand out among other contestants.

    • @Mr.Design25
      @Mr.Design25 10 หลายเดือนก่อน +1

      hey. may i ask, for an entry level job in stock brocking, is knowledge and understanding that is equivalent to CFA level 1 would suffice?

    • @hecbec
      @hecbec 9 หลายเดือนก่อน +1

      ​@@Mr.Design25whos hiring?

    • @2255.
      @2255. 8 หลายเดือนก่อน +1

      if you’re only dealing with equities it’s maybe fine?. For other markets you need to understand them at the component level or else how are people gonna trust you with their money so yes to prove your knowledge so CFA is a good option

  • @Iamdesmondearly
    @Iamdesmondearly ปีที่แล้ว +69

    So the answer is yes it will give you a leg up, unless you plan on staying in entry-level investment banking roles.

  • @adrienjorris
    @adrienjorris ปีที่แล้ว +18

    It’s not worth a lot in investment banking. But in asset management, it might give you an edge.

    • @saquibanzar4673
      @saquibanzar4673 ปีที่แล้ว +3

      so what worth in investment banking?

    • @2255.
      @2255. 8 หลายเดือนก่อน

      @@saquibanzar4673probably being good at research and DD

    • @the_sourcandy
      @the_sourcandy 3 หลายเดือนก่อน

      MBA ​@@saquibanzar4673

    • @gilberte.g1633
      @gilberte.g1633 หลายเดือนก่อน

      Aight thx for the advice, i'm planning to go for asset management in the future

  • @outbackred107
    @outbackred107 7 หลายเดือนก่อน +9

    My dad was an MD at a BB. I disagree with you. Getting a CFA is one of the best ways to develop a professional designation in finance, especially for people with otherwise no experience in the field. In fact, most analyst programs will put you through level I in your first year.

    • @outbackred107
      @outbackred107 7 หลายเดือนก่อน +1

      You seem to be answering the question “is a CFA worth it as a *college student.*

  • @SukottoX
    @SukottoX ปีที่แล้ว +38

    Networking? Social anxiety... Internships? No experience so won't get hired + can't network! Yup I should have chosen a different degree, I'm totally screwed.

    • @cz7619
      @cz7619 ปีที่แล้ว +20

      Hey joker pepo, You can do it. Socializing is a skill just like any sport or game. All you gotta do is level up your social intelligence, conversation skills, emotional intelligence, how fun and interesting you are, how to party, how to listen, and practice on people till you get good at talking to anyone bro. Look scott you are not screwed, you just need to improve your social skills, and not be cringe. You got this.

    • @metropin7353
      @metropin7353 ปีที่แล้ว +1

      @@cz7619 You definitely leveled yours up ey?

    • @MinecraftPigSniper
      @MinecraftPigSniper ปีที่แล้ว +2

      You can definitely get internships without experience, start low at a financial planner or something and use that as a springboard for something else. Social anxiety is annoying but can be overcome by just consistently pushing yourself outside your comfort zone unless you’re actually severely debilitatingly anxious in which case yea be a quant or choose a new field.

  • @alinasrollahzadeh7610
    @alinasrollahzadeh7610 9 หลายเดือนก่อน +73

    Studying CFA worth than going 4-year university.

    • @PratyushSharma-ep9fu
      @PratyushSharma-ep9fu หลายเดือนก่อน +4

      Brother you gotta do undergard before you give cfa?

    • @apoe5029
      @apoe5029 หลายเดือนก่อน

      yeah but no

    • @bharat-dz9wi
      @bharat-dz9wi 27 วันที่ผ่านมา +2

      ​​@@PratyushSharma-ep9fuYes but community college works fine. You can literally pay 10k or 20k for a basic accounting or finance degree and get the CFA after that giving opportunity. You don't need to spend 200K on an undergrad like an idiot. This is what the problem is with american they will get useless degrees that cost huge amount of money like a degree in philosophy or something bs like that.

    • @wallstreetzoomer
      @wallstreetzoomer 24 วันที่ผ่านมา

      No, target universities actually teach you how to get the jobs.

    • @wallstreetzoomer
      @wallstreetzoomer 24 วันที่ผ่านมา

      @@bharat-dz9wi if you go to a nontarget university you have zero chance in high finance, even in AM like pimco.

  • @ChadleyThundercoq
    @ChadleyThundercoq 4 หลายเดือนก่อน +2

    Not a CFA but have the work hours previously in banking, and writing Level 2 next month. Wouldn’t bother if you want to get into Investment Banking right out of school. Focus on interviewing and internships, extra curricular’s such as case comps, and grades with finance major. At most, CFA level 1 in your last year of University if you already have an offer and are a real hardo.
    CFA helps if you want to work in a director role in any area of finance/banking, and may be necessary if you want to work in portfolio management. CFA can be great if you don’t work IB hours but want to strengthen your knowledge and resume in addition to your job.

  • @ConsensusX
    @ConsensusX ปีที่แล้ว +58

    I was looking for a Chick-fil-a review...

  • @sknbbx
    @sknbbx ปีที่แล้ว +16

    Honesty is all we want...this is so true

  • @cool_cat6698
    @cool_cat6698 11 หลายเดือนก่อน +5

    worth it if you're the 1 in a 100 people who will actually succeed in passing the 3 levels before obtaining the CFA. If you're unsure, you're way better doing an MBA and doing internships as the guy in the video's saying

    • @2255.
      @2255. 8 หลายเดือนก่อน +1

      it’s not that hard, most of the topics you would have already studied if you took finance in grad

    • @cool_cat6698
      @cool_cat6698 8 หลายเดือนก่อน +2

      @@2255. Congrats if you passed it bro. but do not say it's not hard. It is very hard, and the dedication it takes will be the hardest one in your life. I truly believe it's a wonderful certification to have, but it belongs to the Elite only. So for most people hesitating between an MBA and the CFA, I'd say go for the MBA 100%, as you will get tremendous benefits from the MBA only. And you will save SO much time. And even make friends!

  • @azharimasri8881
    @azharimasri8881 ปีที่แล้ว +9

    Actually its depend on your country. In indonesia, CFA charter is very respected because only hundred charterholders there versus thousand financial executives needed (country's HRs quality were very low which most of them can't fit the qualification needed). Different from US, where there were thousand charterholders.

    • @bradkurtz8311
      @bradkurtz8311 ปีที่แล้ว

      Thank you for your insight. I would consider to take the exam

    • @PeterHoilKang
      @PeterHoilKang  11 หลายเดือนก่อน

      Makes sense! My experience is generally with US recruiting out of undergrad!

  • @carltoncurtis3934
    @carltoncurtis3934 5 หลายเดือนก่อน +1

    Get a CFA if you want something more than an “entry level” career.

  • @umshrana
    @umshrana ปีที่แล้ว

    Thanks

  • @GAMINGZONE-br1ek
    @GAMINGZONE-br1ek ปีที่แล้ว +3

    Bro i m interested in doing investment banking so CFA is right ? Cuz some ppl in comments aree saying its not worth so what is good CFA or MBA in Finance for Investment bankings

    • @PeterHoilKang
      @PeterHoilKang  ปีที่แล้ว +3

      MBA more relevant for investment banking (which is being a real estate broker, but for buying and selling companies). CFA is more for investing/fund managing (which is more like being a stock trader with other people's money)

    • @user-hh6ye3ty3d
      @user-hh6ye3ty3d 11 หลายเดือนก่อน +3

      It is right for you. CFA is not an investing course. It will teach you statistics, economics, financial reporting, corporate finance, equity valuation, bonds valuation, alternative investments etc. etc.
      Obviously not everything will come in handy, but as an investment banker you will have to know how to evaluate M&As, or deals, different financing stuff etc. What CFA will offer you is deeper knowledge in those areas as well as knowledge in other areas so you can be well versed in finance and in dealing with creative things.
      As a beginner banker where your job is basically overpaid guy from easy things maybe it won't come in handy, but in later stages I would assume it would be a great asset to have more knowledge than your peers.

  • @wardaddy9489
    @wardaddy9489 2 ปีที่แล้ว +7

    Sir how do i get hedge fund or investment banking job in wall street as Non US Citizen

    • @PeterHoilKang
      @PeterHoilKang  2 ปีที่แล้ว +7

      Would need a lot more details for personalized advice, but very generally, an MBA or target undergraduate program would be the best bet.

  • @Techowll
    @Techowll ปีที่แล้ว +2

    What if you want to switch your career from compliance to investment banking who has an MBA in finance ? What is the best way

  • @neelbis
    @neelbis 9 หลายเดือนก่อน +1

    Is dyson airwrap worth it ?

  • @jameshusentoff2953
    @jameshusentoff2953 2 ปีที่แล้ว +20

    What if I want to switch to finance from accounting

    • @artemis9306
      @artemis9306 2 ปีที่แล้ว +5

      Acca or cpa would be a good option for you!

    • @jameshusentoff2953
      @jameshusentoff2953 2 ปีที่แล้ว +6

      @@artemis9306 already passed CPA. Rejected from all finance roles lol

    • @artemis9306
      @artemis9306 2 ปีที่แล้ว +6

      @@jameshusentoff2953 ohh! An soo sorry I read it wrong I read you want to switch your career from finance to accounting. Cfa, frm would be really good if you want career in finance.

    • @logicalthinker483
      @logicalthinker483 ปีที่แล้ว +1

      @@jameshusentoff2953 really ? Which companies? Didnt you do internships

    • @jameshusentoff2953
      @jameshusentoff2953 ปีที่แล้ว

      @@logicalthinker483 Pwc asset and wealth management audit is where I am nowZ

  • @KV_55555
    @KV_55555 2 หลายเดือนก่อน

    If people cfa doesn't affect wall street or top banking roles then what does

  • @Arpitr1697
    @Arpitr1697 8 หลายเดือนก่อน

    Okay, so what can give you entry level job in investment banking?? upskills ??

  • @user-hh6ye3ty3d
    @user-hh6ye3ty3d 11 หลายเดือนก่อน +5

    This is such a BS answer. Of course CFA is gonna have more impact on your recruting than some networking.
    Ultimately what will drive your career is knowledge. CFA will set you light years ahaed of anyone that was stupid enough to focus on "networking".

    • @MrMDanny
      @MrMDanny 8 หลายเดือนก่อน

      Bruh are you delusional or what? Are you even in the finance field?

  • @huh..4591
    @huh..4591 ปีที่แล้ว +1

    Hey bro i am a average student so you think i can do it? If thinking practical

  • @user-my4dh9pl9s
    @user-my4dh9pl9s ปีที่แล้ว +1

    I Think You're not sure what you're talking about.

  • @solitaire1423
    @solitaire1423 2 หลายเดือนก่อน

    which one is better, applying for financial management PHD or CFA???????

    • @ShooterKeroro
      @ShooterKeroro 2 หลายเดือนก่อน

      You can definitely do both at the same time

  • @navneet831
    @navneet831 2 หลายเดือนก่อน

    If I have to pursue CFA L1, which book I should refer before registering for CFA?

  • @teroliikala
    @teroliikala 7 หลายเดือนก่อน

    CFA has nothing do to with investment banking.

    • @PeterHoilKang
      @PeterHoilKang  7 หลายเดือนก่อน

      Yea - funny enough it's one of the most comment questions I get online. Whether it'll help with getting into IB

  • @mephantich
    @mephantich ปีที่แล้ว

    to become a good investor? Not neccessary

  • @peanutbutterdijonnaise
    @peanutbutterdijonnaise ปีที่แล้ว

    Who came here thinking he was talking chick-fil-a 😅 whoops

  • @priyanshiarora8931
    @priyanshiarora8931 ปีที่แล้ว +1

    is CFA worth it when someone wants to make a career in consultation?

  • @manthanpatel4610
    @manthanpatel4610 7 หลายเดือนก่อน

    what about after entry level roles?

  • @padmininair2056
    @padmininair2056 2 ปีที่แล้ว +6

    So you cannot do a proper job by doing cfa

  • @Mr_ajhig
    @Mr_ajhig 8 หลายเดือนก่อน +1

    When you said CFA I thought you meant Country Fire Authority

  • @user-tj5nu7mp6w
    @user-tj5nu7mp6w 7 หลายเดือนก่อน

    I have latest cfa mocks and notes for free.

    • @cupid_5801
      @cupid_5801 3 หลายเดือนก่อน

      Could you share it?

  • @user-sr8lu6dw8e
    @user-sr8lu6dw8e ปีที่แล้ว +1

    What is the passing marks??

  • @Romio666
    @Romio666 ปีที่แล้ว

    Worth at the age of 45 ? 🤔

  • @APerson-kq2ei
    @APerson-kq2ei ปีที่แล้ว

    How is chik fl a not worth it?

    • @PeterHoilKang
      @PeterHoilKang  ปีที่แล้ว

      you right i'm wrong - chik always worth it

  • @Bluemoonrealtygroup0617
    @Bluemoonrealtygroup0617 หลายเดือนก่อน

    No.

  • @yashjatt2745
    @yashjatt2745 ปีที่แล้ว

    ofcourse its worth it.

  • @milotherussianblue3691
    @milotherussianblue3691 7 หลายเดือนก่อน

    Nope. Stay away. My humble opinion.

    • @geetha4073
      @geetha4073 5 หลายเดือนก่อน

      why

    • @milotherussianblue3691
      @milotherussianblue3691 5 หลายเดือนก่อน

      @@geetha4073 lots of work. Career went nowhere.

  • @dac8939
    @dac8939 ปีที่แล้ว

    No

  • @darnfighter3668
    @darnfighter3668 ปีที่แล้ว +1

    Rubbish!