Architect want to work at Asset Management, Hedge Funds - What to do?!

newwurldmn said:
Don't get me wrong. I'm not dissing on the CFA curriculum. I believe everyone should in finance should study it. I did it because as a derivatives trader, I wanted exposure to other aspects of the market. It helped a little with my brand value (I was viewed as harder working and more of a renaissance man). But the designation itself has dubious value. I didn't renew my membership after the first year.
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CFA is good for one thing. If you are an "account executive"/financial adviser trying to sell clients financial products, they want to think you know wtf you're talking about. It's a comfort license ... giving client's a perhaps false feeling of security that their financial affairs are being prudently managed. Does the CFA really make for better financial decisions? Can having a CFA help one beat the S&P 500 index consistently? Like you said, dubious value.
 
blakpacman said:
CFA is good for one thing. If you are an "account executive"/financial adviser trying to sell clients financial products, they want to think you know wtf you're talking about. It's a comfort license ... giving client's a perhaps false feeling of security that their financial affairs are being prudently managed. Does the CFA really make for better financial decisions? Can having a CFA help one beat the S&P 500 index consistently? Like you said, dubious value.
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It doesn't help you beat the spooz.

But it helps you get a job which is what he wants.
 
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