Is CFA useful for investing? Why do some people say that CFA is useless

Updated on educate 2024-04-27
17 answers
  1. Anonymous users2024-02-08

    Of course it works. CFA is now the most recognized financial investment certificate in the world. It can be said to be an MBA in the financial investment world.

    Here's a summary: CFA charter is seen by the investment industry as a "standard", and investors want to find professionals who hold CFA charters, as this qualification is considered a commitment of professional skill and ethics in the investment industry. CFA is known as the "gold-collar class" in the investment finance industry, and has always been regarded as the "admission ticket" to Wall Street in the West.

    Many investment managers in countries such as the United States, Canada, and the United Kingdom have even made CFA qualification a basic requirement for their employees. The global recognition of CFA will give your employer an immediate recognition of your knowledge of the financial markets. You will effectively learn how to analyse**, bonds, derivatives and financial ratios to strengthen your ability to work in the financial investment industry.

  2. Anonymous users2024-02-07

    The focus of the CFA exam is investment management, you say it is useless, CFA is the abbreviation of Chartered Financial Analyst, once you learn to analyze, you will not worry about making no money. Investment management jobs are generally CFA preferred.

  3. Anonymous users2024-02-06

    Very useful for employment. It also has a partial effect on investment, but investment mainly depends on personal vision and risk tolerance.

  4. Anonymous users2024-02-05

    Useful; However, for specific investment activities, the effect is average.

    It's a certificate that makes it easy to find a job.

    If you want to specialize in a certain investment variety, there is no direct effect.

    But the knowledge covers a wide range and can lay a good foundation.

  5. Anonymous users2024-02-04

    CFA must be useful, otherwise there would not be so many people around the world who have gone to take this certificate one after another.

  6. Anonymous users2024-02-03

    It's very useful, and the annual salary is okay.

    The CFA has long been seen in the West as an entry into Wall Street"Admission ticket"。At present, the influence of CFA qualification certification in countries around the world is rising, and the relevant industries in developed countries regard it as a measure of high-level talents, and entrust those who have obtained CFA certification qualifications with important responsibilities and high salaries. Many investment managers in countries such as the United States, Canada, and the United Kingdom have even made CFA qualification a basic requirement for their employees.

    Li Yining, an economist in China, also believes that CFA qualification is the most authoritative industry standard in the field of financial analysis that is internationally accepted.

    At present, less than 2,000 people in Chinese mainland have obtained CFA qualifications, which is extremely inconsistent with the speed of China's economic development. Relevant experts**, Shanghai, as a newly emerging financial center in Asia and even the world, has a shortage of nearly 5,000 CFA talents, and the demand in Chinese mainland is more than 10,000. Yang Xianyue, a postdoctoral fellow at the Shanghai Municipal Financial Commission, believes that first"Internationalization of talents"talents"Internationalization of business"He asserted that in the next five years, the CPA craze will heat up in China.

    Seth of New York University. Mr. Kaplan told reporters"Five years later, when the financial sector is fully opened, whether it is the cultivation of institutional investors, open management, or the introduction of financial derivatives such as asset-based operation and index, it is urgent to be in line with international standards.

    Whoever does a lot of communication work in the field of Chinese and Western finance, of course, is those who understand both Chinese and Western financial rules, and it is very important to train professionals with international professional standards. Therefore, it is our responsibility to share the experience of the development of the Western capital market with Chinese financial practitioners, so that CFA candidates can absorb the essence of the Western financial theory system and become cutting-edge talents who combine Chinese and Western cultures. "

    As far as the current domestic situation is concerned, with the entry of foreign banks to participate in the competition, many banks such as the People's Bank of China, Bank of China, Bank of Communications, and China Merchants Bank have expressed their great need for certified financial analysts with international professional standards. And the first management companies, ** companies, insurance companies and other financial institutions are also thirsty. Although the average basic annual salary of CFA has reached 150,000 yuan in China, there are few applicants in various units.

  7. Anonymous users2024-02-02

    CFA is certainly useful, and it is an internationally certified Chartered Financial Analyst, CFA is referred to as Financial Analyst, and the Financial Analyst Qualification Exam is known as the "No. 1 Global Financial Exam".

  8. Anonymous users2024-02-01

    There is no job opportunity in this area, there is basically no difference between the CFA certificate and the paper, saying that the certificate is very good, it means that the ability you need to have in the exam is very good, it does not mean that you can find a very good job, and the good prospects are basically training institutions, you think about it yourself, you can find a good job with a certificate, this kind of thinking should not be there as soon as possible, you can improve the level and ability, and solve the problem for your current work and unit, which is more important than anything else.

  9. Anonymous users2024-01-31

    They don't know that their level is low, so let me tell you, if you have ACCA and CFA, if you have the right work background, it is easy to find a job of 500,000 yuan. Have been doing accounting and being CFO, why should you? CFA is a very important bargaining chip!

    Of course, if you're already a CFO, then CFA isn't as valuable.

  10. Anonymous users2024-01-30

    CFA is one of the most difficult exams, of course, there are exams such as actuaries, there may be a lot of things in life that are not gained, if you are interested, you will pursue it, you pass a test, read two books with yourself, you must read the exam very carefully, and you will not make mistakes in the operation CFA is very useful, but those securities analysts may not be able to take the exam, the strength of the boss is not in mathematics and science, it is OK in communication, so it is useless to talk to them.

  11. Anonymous users2024-01-29

    Competence is more important than certificates, and of course, qualifications can sometimes represent a person's ability!

    The core is to be able to solve problems and create value for the enterprise organization.

  12. Anonymous users2024-01-28

    CFA is naturally very useful, CFA brings a high salary, but now the competition is fierce, and the salary is not as impressive as it used to be. I'm also planning to start preparing for CFA recently

    You can search the following CFA forums, there are a lot of information, detailed things, there will be helpful to you, CFA is not a major to take the test, it is difficult. It may take 4 to 5 years to get it done. Whether you can enter Goldman Sachs or not, I think it's hard to say whether this is good or not, because the investment bank is under a lot of pressure, and many people can't persevere, and this also depends on the individual's ability to bear it.

  13. Anonymous users2024-01-27

    1. CFA has been widely recognized, and the first step into a famous enterprise CFA holders have long been widely recognized by financial institutions. They have also become candidates for core positions in these institutions. Becoming a CFA charterholder, you'll have a stepping stone with a higher gold content.

    2. A complete financial knowledge system, which can meet the requirements of core positions The value of CFA lies in this knowledge system, which can not only help you understand the financial market and various investment tools at the product level, but also deeply and comprehensively grasp how these tools can be accurately valued and reasonably combined. In addition, it can systematically improve the comprehensive application and management ability of financial professional knowledge and skills, realize the transformation of workplace specialization, and make it easier to enter the core position.

  14. Anonymous users2024-01-26

    The average salary of CFA holders has exceeded one million, and even CFA candidates who have just entered the industry can be valued by their bosses and colleagues by virtue of their status as CFA candidates. College students use CFA to enter investment banking, and incumbents in other industries use CFA to successfully change careers, these are exactly the cases that happen around us. In the United States, the average salary of CFA holders has surpassed MBA, in Goldman Sachs, employees with CFA certificates are more likely to become executives, in China, first- and second-tier cities are competing for CFA talents, sending money, housing and household registration, and subsidies as high as 2 million.

  15. Anonymous users2024-01-25

    Now many banks, **, trusts, brokerages and major financial institutions will appear in the recruitment information of CFA, FRM holders are preferred, and the leaders of major financial institutions or employees of important departments are CFA holders, it can be seen that the CFA examination is also a great help for the staff to be employed in the future, and it can also provide a good opportunity to expand contacts in learning.

  16. Anonymous users2024-01-24

    Let me tell you about my personal experience.

    I am still preparing for the CFA exam, and I have passed the CPA and the exam, and I personally feel that the self-exam is the same. It mainly depends on your persistence and whether you have a weapon to prepare for the exam. I have been using online classes to add my own efforts and then slowly find a way to review, plus a group of like-minded friends, friends give me the latest courses, we join the class or buy alone, and then exchange experiences with each other to make progress together, which is also a resource on the future career path, I am very grateful to myself now, and I am looking forward to myself tomorrow.

  17. Anonymous users2024-01-23

    CFA is of great use. In the workplace, more and more companies will write that "CFA certificate is preferred" when recruiting, and CFA is also helpful for later promotion, and the financial field involved is also very extensive, which is very helpful in terms of gold content and employment.

    The recognition of CFA in China is getting higher and higher, of course, whether it is financial professionals, or non-financial professionals, there are more and more people who sign up, according to statistics, 40% of the total number of people who sign up.

    Taking the CFA test can increase the competitive advantage of the holder, and many employers and media around the world have a professional evaluation standard for CFA book holders. With widespread recognition, CFA holders have a clear advantage in the international workplace competition market.

    CFA is a strict and high-value qualification certification in the global investment industry, and CFA has also been recognized by the industry for the norms and standards of ethics, professional standards and knowledge system for the global investment industry. If you want to engage in banking, financial investment analysis, etc. in the future, this certificate is still very helpful for you, and at the same time, having this certificate in hand will also make your customers trust you more, and it is also a certificate of proof of your ability.

    1. Have a bachelor's degree or equivalent professional level or above, and there is no restriction on the major; A total of four years of university study and full-time work experience;

    Applicants who do not possess a bachelor's degree but possess a comparable level of expertise may also be accepted as candidates. CFA will use work experience to assess the applicant's professional standards, and generally speaking, 4 years of work experience is considered as a substitute for a bachelor's degree. These 4 years of work experience do not have to be engaged in investment related work, as long as it is legal, full-time, professional work experience can be accepted by Lu Airfeng; College students can register for the exam up to 12 months before graduation.

    2. Abide by professional ethics.

    3. Complete the registration and registration and pay the fee.

    4. Be able to take the test in English.

Related questions
6 answers2024-04-27

The MBA is the most popular master's degree in China and the world, and it is also probably the most expensive major. >>>More

13 answers2024-04-27

Eye-protecting desk lamp, mainly when using the desk lamp, let people's eyes work and study under the lamp for a long time, the eyes are not easy to get tired, the use of optical principle data design, so that the light emitted by the lamp is more suitable for the eyes to work and study under the lamp The highest comfort; >>>More

4 answers2024-04-27

The transfer of information between people requires communication! In life, we all know that talking is the easiest thing, but talking is also the hardest thing. As the saying goes, a word prospers the country, and a word loses the country. >>>More

8 answers2024-04-27

I use roses, 70 times more hydrated.

1 answers2024-04-27

Men die for confidants,women are people who please themselves If you can understand the meaning of this sentence,you will know why girls love to dress