| Topic Name: |
Sellside vs. Buyside |
| Message Name: |
...CFA for IB??? |
| Date Posted: |
11/14/2002 |
| In Reply To: |
I just got in on buyside, but that is what I wanted to do. Obviously Sell side is quite rough right now, and to be honest I don't know how it will be able to survive, since research costs more to operate then the revenue it takes in. Therefore if the sell side is isolated it becomes a cost center.
Where ever you end up start right away for the CFA. If you are a star, and pass the CFA, then you can move anywhere your little heart desires. |
| Message: |
What doors the CFA can open for a career in IB?
The CFA can open many doors in the buyside, specially in your first years in the street, but tell in a IB interview you are a CFA or candidate and he will tell you shit!!! because is useless for IB and thats it.... the point is that been a CFA can open many, many doors specially for an analyst position equity or FI or portfolio manager obviously buyside and yes there are some CFA's working as Traders, Investment Bankers, Venture Capitalist, Business Appraisers and blablabla as AIMR says in their surveys, but must of them uses the CFA as a complement of being graduate from a top b-school or many years of experience, or other designations. The CFA wouldnt open many doors in the sellside with no experience or MBA from a top b-school.
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