For the vast majority of those on the quest to become a Chartered Financial Analyst, there are three tests to be conquered and then they’re set. They’ve gained the keys to the kingdom. Three tests, they think, and you’re in. That’s because these people are not true children of the CFA. If they were, they’d spend their nights, weekends and holidays hosting CFA trivia night with friends, they’d scour eBay for CFA collector’s items, such as the first exam ever given, and they’d know that passing Level III? Doesn’t mean jack. Because after III comes the ultimate test: Level IV, AKA gaining access to Camp CFA.
What is CCFA? A weeklong “retreat” wherein the ultimate charter holders gather to decide who will be given the green light to spend the next 6 months of their lives studying for the next level and who will be punted back to square one. Whereas Levels I, II and III have pass rates that range from (ballparking it) 29 to 53 percent, i.e. anyone can get in, Camp CFA changes the lives of a mere 15 percent of people. And make no mistake, being chosen to attend Camp CFA is viewed as a life changing event. Some might even call it an honor. Read more »
So, the performance you’re about to see is most certainly fake. But is there some truth there? Does Debbie, the graduate of Villanova business school and extreme cat enthusiast looking for love strike you as someone who’d fit in on campus, or would the character more likely be found at Wharton or HBS? Read more »
It’s CFA time tomorrow and we know everyone taking it is going to do great! And if you don’t, it’s not like this shit matters– just ask any of your MBA friends. Alternatively, think about it this way– becoming a Chartered Financial Analyst will spell the end of your budding pornography career. If you’re truly beside yourself with worry, just breathe and remember that as someone very wise once said, it’s about the journey, not the designation. Plus, we’ll be throwing a special pity party for the failures, so there’s that to look forward to. And because I know some of you are sensitive:
Here’s what she wrote earlier this week to a relationship columnist with the Boston Globe:
Long time, first time. Back story is that I started dating my best friend of about five years this past September. He is the most kindhearted, gentle, and fun person I know. He has seen me go through my share of bad relationships and heartache. He’s two years older than me and this is his first real relationship and longest relationship. We both started to like each other early last year but didn’t act on it until the summer. We were scared to cross the line and he was studying for Part 2 of the CFA (crazy finance test!) all last winter/spring so I didn’t want to distract him.
He was always the one pushing for us to start dating once it was on the table, and after spending time with him, I grew to love him. It’s by far the best relationship I’ve been in and he treats me so well I could see myself spending the rest of my life with him (I’m 23. I’ve been around the block. I’ve known him for 5 years).
He is in the thick of studying for part 3 of the CFA right now and has been since January. The test is in early June. I have been incredibly understanding about his priority (passing this test!). When his job and the studying became extra stressful last month, he threw a curve ball at me and said that he felt like something was missing in our relationship but that he couldn’t decipher if it was his external stresses or just us. We decided to work on it, but more recently the conversation came back up and he said he still feels something is missing. I’m deeply hurt by this and I really just hope it’s the stress of the CFA that is sucking the life out of him, but I also don’t think it’s fair for me to sit around and wait until after the CFA for my “trial period” to be up.
We called it off last night and I’m just looking for some help on how I should be feeling about this situation and what to do after the CFA is over in June. Reevaluate? Move on? Is he just a commitment-phobe?
As we mentioned last week, in the grand tradition of business school follies, the performances generally have the same sort of appeal as a train wreck you can’t look away from. Which is why we were pretty surprised by this year’s offerings from NYU Stern, which were actually fairly amusing in their own right (in particular, the Black Swot). Naturally, we assumed this was an aberration and not some sort of newfangled trend wherein these things have entertainment value. Then something happened a few hours ago that frightened us and left us searching for answers. Read more »