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Reader Poll: CFA

The ad people who run this asylum would like you to please answer this quick and painful question.

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42 Responses to “Reader Poll: CFA”

  1. guest says:

    CFA vs MBA…….and go

  2. guest says:

    Someone needs to come up with a better program than the CFA. More difficult and less horribly, embarrassingly requiring people to regurgitate discredited theories.

  3. Alexey Veyner says:

    It should read “HAVE it” and “Don’t HAVE it, and not planning on it.”
    -Chartered Blog Analyst*
    *Anticipated 2011

  4. guest says:

    Chartered Financial ANAL-yst? Yeah I have the CFA Charter. Its worth dogshit…

  5. guest says:

    I love resumes that say “Level I CFA Candidate”

  6. guest says:

    #4 that’s funny, I needed a solid laugh today. The only person to ever utter “the CFA is not worth it” are the masses of knuckleheads that went to top tier schools with top tier ego’s that got their asses handed to them on any one of the CFA exams.

  7. guest says:

    @6: how did the efficient market hypothesis work out for you last year? I remember that it was something like 20% of Lvl I.
    -not 4

  8. guest says:

    #2 discredited theories such as basic accounting rules? CFA is probably worth the time/money but unlike an MBA it won’t get you a job

  9. MBA & CFA says:

    @4 – it’s worth more than a piece of $hit MBA

  10. MBA & CFA says:

    @4 – it’s worth more than a piece of $hit MBA

  11. guest says:

    CFA is a function of time. MBA is a function of money. Both are useless.

  12. guest says:

    CFA is a function of time. MBA is a function of money. Both are useless.

  13. guest says:

    @9. I have both, and you are correct. Fortunately my company paid for both. But MBA is truly absurd; forking out $100k to learn that you shldn’t shout at your secretary, and ‘network’ with a bunch of clowns. Painful.

  14. guest says:

    Ya’ll ain’t shit. I’ve got an AA from St. Petersburg J.C. (Jim Morrison is an alum, for real), and my Life, Health, Variable Annuity license.
    Ameriprise FA

  15. # 4 again says:

    @ # 6. I actually did the CFA route (I am a charterholder). And I did it prior to the MBA route. Both programs have their fair share of knuckleheads.
    I’m at a top 20 program – so basically I am paying over 100K for a piece of paper that costs $5 to print.
    Sincerely,
    The cynic

  16. guest says:

    @14 and all CFA’s
    CFA = Certified Fucking Assholes

  17. # 4 again says:

    agreed

  18. CFAchangedmylife says:

    The CFA changed my life. I registered and put down CFA level 1 candidate on my resume. This helped get me an FX sales job. I now make around 800k a year, by pipping customers of the bank I work for, “oh dear, slippage is such a terrible thing!”.
    I never bothered opening any of the books or turning up for the exams, but I would still recommend becoming a level 1 candidate.

  19. The CFA changed my life. I registered and put down CFA level 1 candidate on my resume. This helped get me an FX sales job. I now make around 800k a year, by pipping customers of the bank I work for, “oh dear, slippage is such a terrible thing!”.
    I never bothered opening any of the books or turning up for the exams, but I would still recommend becoming a level 1 candidate.

  20. guest says:

    @12 you misspelled “should.”

  21. guest says:

    @19, good catch.

  22. Nassim Taleb says:

    I piss on CFAs, Infact I piss on all of you.

  23. guest says:

    Instead of wasting your life studying something fluffy and moronic as MBA or CFA -something I expect from my clerk so that I can have a decent enough conversation with him.
    If you want to spend 2 years studying, get a master in finance adn economics and another in maths and statistics combined. these course teach you more usable skills in combination with each other and you are more productive that a MBA or CFA

  24. The Margin Clerk says:

    Anybody arguing that the CFA is hard must be kidding themselves. The CFA is total waste of time, nobody can argue that. You learn nothing about being a good analyst, just make sure you memorize Durbin Watson. It is a complete joke.
    The MBA is a waste of both time and money but at least you come away from it with some connections as well having entered a new recruiting pool. The CFA doesn’t even have that going for it.

  25. guest says:

    @ 22. That is assuming you want to be a quant or a TA.

  26. guest says:

    What, do “the ad people who run this asylum” think they will get from this survey?
    After significant testing, we discovered that CFA holders are more likely to post the following words on blogs:
    “AIG Quant, Ass, Blanus, Doosh, Duche, D-bag, Jeffries Quant, Pound, Secretary, STFU, The Guy From Delaware”
    Wow. That is going to sell a lot of microwaves this christmas.
    – Not an MBA, not a CFA
    (But, I do okay)

  27. Anal_yst says:

    @24
    Not true, Masters in Finance is the core finance curriculum from an MBA without all the fluff and “soft skill” bullsh*t. Also, its easier to teach Finance/Accounting to a Math major than to a Management or whatever major (ceteris paribus), doesn’t have to just be quant finance.

  28. guest says:

    Master’s in Finance is like a Master’s in Math or Eng. or Physics without the the math, engineering or physics! Just memorize Hull and you’ll be OK. Basically you pay $80K to read a book that costs $75.

  29. guest says:

    @27 — clearly you are an MBA moron

  30. guest says:

    In addition to the “Don’t got it and not planning on it” answer, there should be a “Don’t got it and not retaking level one” answer.

  31. guest says:

    Guest@#25…
    TGFD responded with the “Don’t got it and not planning on it” answer. I doubt if my participation skewed the results, and thanks for shouting-out my name.
    Guest@#27…
    Armed with my degrees in Mechanical Engineering and in the Liberal Arts, and my memberships in two national collegiate academic honor societies, TGFD has developed a pretty good mind for “commission engineering”. I’ve been doing it for over 35 years, though not in finance.
    Tell me more about this “Hull” book. TGFD is pretty good at memorizing things too.
    The Guy from Delaware

  32. guest says:

    @6 here again. Why don’t all of you knuckleheads just prove how smart you are and just complete the CFA. Any level of education is not a waste of time, and the return on investment completing the CFA is huge.
    The most intelligent, well rounded guys I know banged it out L1, L2, L3. Some it takes 4+ years but all the knuckleheads with attitudes don’t have the stuff to step up like a man and get it done.

  33. guest says:

    @31 You pompus ass, I’ll have you know that it took me only 3 years (summer classes included) to get my A.A. at St. Petersburg Junior College. Just got my series 6 too jerkoff.
    Ameriprise FA

  34. guest says:

    @31 CFA is about as useful as the ability to write in cursive.
    Passed CFA and cursive writing.

  35. guest says:

    On Dictionary.com there is a picture of TGFD next to the word BLOVIATE. Hurry before they change it with 31’s picture.

  36. guest says:

    Guest@#34…
    There’s usually plenty of “bloviating” going on around here. Haven’t you noticed?
    And what about that “Hull” book? Know anything about it? DB is supposed to be educational too.
    The Guy from Delaware

  37. guest says:

    @TGFD True and some of us are better “bloviaters” than others, but you are a fucking Grand Master.

  38. guest says:

    MBA = drinking with middle aged, fat, low level corporate douchebags who think they are hot shit. 99% are useless.

  39. guest says:

    TGFD = FAG

  40. guest says:

    Guest@#38…
    38=Shitheel.
    Damn, I like that word “shitheel”. Who in hell came up with that one, anyway? Deserves a bonus.
    The Guy from Delaware
    “Grand Master Bloviator”

  41. MBA-Dooosh says:

    Got the MBA at 27. Great for golf, poker, reversing the mistake of going to a Northeast school undergrad, hitting on coeds, sleeping in, and drinking 4-5 nights per week.
    Book-learnin’ = none.
    Networkin’ = none.
    Douchenozzles = many.
    I considered it an $80K cover charge to switch fields, get recruited, and start a job that paid decent coin. In that regard, it was a success. All other reasons are noise.

  42. guest says:

    TGFD = working today, loser!