Windjammer

Pimpin',

I get that @#$%& all the time, "... the CFA? Is that like the series 7?" I guess if you have to ask you've already had your money squandered away by a broker with the series 7, haha.

IAmNeil

I have a hard time even talking to anyone that compares it to the series 7. Trying to explain to them how much more difficult the CFA is without coming off sounding like an a-hole is really tough. I usually default to just being an a-hole, then I am the bad guy even though they asked the ridiculous question.

Even better is people in the industry trying to compare their prep for the series 7 to what you go through trying to get the charter.

ohai

I know a girl who had a really tough time with the Series 7, I told her honestly don't bother trying the CFA exams.

ll11

I remember sitting next to some moron for L1 that was upset his company forced their employees to pass L1 (only), despite him already having his series 7. to quote "some silly people in upper management think that if you didnt get a degree in finance or at least pass level 1 that you lack credibility in the business...I mean, I already have my series 7!". I am taking that he didn't study too much or wouldn't have made the statement...

Zestt

bell99 Wrote:
-------------------------------------------------------
> My boss hinted that he will put me as head of a
> new division for asset management if I obtain the
> charter. Reason? He said he cannot afford to hire
> a CFA Charterholder from outside the company due
> to limited budget. He said that a CFA
> Charterholder's pay is able to pay for three
> employees. Implying I will be paid 1/3 of market
> rate for this 'prestigious' job.
>

What? So you would be paid like $40k to do this?

Roflnadal

ohai Wrote:
-------------------------------------------------------
> bell99 Wrote:
> --------------------------------------------------
> -----
> > My boss hinted that he will put me as head of a
> > new division for asset management if I obtain
> the
> > charter. Reason? He said he cannot afford to
> hire
> > a CFA Charterholder from outside the company
> due
> > to limited budget. He said that a CFA
> > Charterholder's pay is able to pay for three
> > employees. Implying I will be paid 1/3 of
> market
> > rate for this 'prestigious' job.
> >
>
> What? So you would be paid like $40k to do this?

If the job is legit and not just title inflation, take the job, bag the experience, then go somewhere where they'll honor the full price tag.