| Topic Name: |
CFA Valuabe or Required |
| Message Name: |
sollyman |
| Date Posted: |
09/10/2002 |
| In Reply To: |
...on what area of finance you are in. It is valuable to have as far as personal knowledge goes but it is far from required in many fields. For example, there are very few cfa i-bankers but an abundant amount in portfolio management. I think you may have your numbers wrong -- there are ~50,000 charterholders as of 2001. I think you are referring to candidates enrolled in the program in your post.
Check out:
http://www.aimr.org/cfaprogram/cfaprofile.html
for a breakdown of charterholders, candidates, historic pass rates and profiles.
Overall, it helps to be involved in the program, but it will not replace real world experience. If you are serious about inv mgt and would like to excel in the field, definitely earn the charter and it will open some doors for you (given that you have relevant experience to build on). |
| Message: |
when it says candidates, does the 80000 mean new people trying to go through. Or does it mean 30000 tring to pass the exams + 50000 who are already members. Cause if after a few years and 80000 more join, that would wipe out alot of the credentials values since it is 150% of todays total charters.
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