Thank you for the Video.One of the best video about CFA. I passes CFA level I but I failed level 2.I like how you mentioned about the opportunity cost of doing CFA exam.As a single man,I there are things like your daily work routine and relationship issued that needed to be solved.I have to find more spare time after doing that two thing.I also glad that only few percentage of people who is doing the CFA exam can pass all level at the first try.At least that I am not by my self
I have heard many horror stories, especially the pass rate which you highlighted in the first vid. But only 9% passed all of them first try! The CFA always spoke volumes for your personal determination, and it definitely comes down to how bad you want it... Would love to take a shot but I am one of the myths haha I'm outside the finance industry! Awesome video Anthony L3!
Is the pass rate due to people not knowing finance in general i.e. they do not have a Bachelor of finance degree? Or it is still difficult for a person who has obtained a Finance degree?
So someone looking to get into the field of finance should pursue the CFA? I’m confused. You mentioned that someone who doesn’t have a background in finance shouldn’t pursue ithe CFA and towards the end you mentioned that someone who is young and interested in getting a career in finance should pursue the CFA. Could you clarify? Maybe I misunderstood. Great video!
That is a fair question. What I mean is that if you are just starting your career in finance then it is great and will help you further your knowledge quickly. However, if you have no relevant background in anything finance related then taking CFA won't be your golden ticket into the finance industry after you have been working in a completely different industry with no cross over in skill or experience.
@@anthonycotterfinance5094 Why? I'm just coming out of the military and moving into finance and have found the fact that I am half way through the CFA to be immensely useful.
@@rc3769 that is amazing work. The CFA is really useful to build your understanding. The qualification will certainly open doors but consider an example where there are two candidates going for the same job, 1 has 4 years of finance experience and no CFA, the other has no finance experience but the CFA. Just because someone has the qualification does not mean that they are hired. The CFA qualification can help get through the first screening but is unlikely that it is the sole reason someone is hired.
I have two questions. I personally have two years of retail banking experience and was wondering what I would have to do to make myself marketable to capital market divisions and investment firms. Also another question would be would learning Python and R benefit me especially that we're moving towards AI in the next 10 years?
For your first question, make sure that you show you are interested in finance, good excel modelling skills and meet people from those area so you have a good understanding of the role. For your second question, I do not know.
I work in a capital markets team at an investment firm. Like Anthony said, excel modeling matters. Also, make sure you’re familiar with business intelligence (Power BI, Tableau, Salesforce, etc.) and that you have experience that attests of your work ethic.
Definitely a good review. The one what I looked for. I would like to ask you to compare CFA vs CQF (Certificate in Quantitative Finance)? I am really in a deadlock, cannot decide which one to study.
Hello Anthony, I am a from India and loved you content. I'm a persuing graduation and very passionate about Finance and Capital markets, real estate so i had decided to persue to get more deep knowledge in the world of Finance and currently working on advance excel skills and Financial modeling and valuation. In future Can I get the internships after level1 or level2?
Hi Kshitiz, that is great work. As you’re passionate about finance keep it up. You may be surprised that you might not need level 1 or 2 before you get an internship. So don’t think that you need the qualifications before the internship. Good luck!
2:42 I have to disagree. On top of the costs you mention, to maintain your CFA credential you need to spend about 350 USD per year on average. Assuming an individual works 35 years after his CFA (gained at age of 30) it means that has to spend additional 12K dollars. Adding on average 3k exam costs it means it takes about 15k dollars overall. Anyway, still cheaper in comparison to top MBA worldwide (around 100k)
Thanks for sharing this fantastic video.Is it possible to get in touch with you via email somehow?I have few questions which i think you might know the answers or to give me an advice if its not too cheeky ta
