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Vault Message Board: Investment Management

Topic Name: Resignation Advice
Message Name: Notorious?
Date Posted: 12/06/2002
In Reply To: Thanks for your suggestion...I'll take a look at the link. I've completed two levels and have already accrued the 3 years of relevant experience. Hopefully, I will pass L3 in 2003 and become a charterholder by next August. While there are many displaced, experienced buyside analysts you're competing against (some of which are also cfa candidates or charterholders), you should benefit by pursuing the CFA over the next few years during an economic recovery and emerge with a stronger resume. While I have found it difficult to break into the IM industry, I have received favorable feedback from employers regarding my background - and I'm sure the CFA candidate designation sets me apart from the 100 other resumes. The credential is gaining greater notoriety and recognition in the finance field, so in time the value of the cfa will only increase. Not to mention the fact that I find the CFA material much more mentally stimulating than my daily work responsibilities. So if you actually enjoy the material and feel up the challenge of the exams, I say go for it and you won't have any regrets years from now. In the meantime, network with those in the industry and establish connections. The way I managed to accrue the relevant experience is through corporate investment analysis, some m&a participation, and financial advisory work. It's not as hardcore as equity research or portfolio management, but the experience is AIMR qualified. Hope this helped, and good luck.
Message: "The credential is gaining greater notoriety and recognition in the finance field" Is the CFA now notorious? Seriously though why don't you like your position? How did you get it? What do you want to do? How many years are you out of school? What is the poor performance BS about?

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