- UID
- 223243
- 帖子
- 238
- 主题
- 153
- 注册时间
- 2011-7-11
- 最后登录
- 2013-8-11
|
well expalined. I respect your perspectives and the spriit of jest.
CFA is not an objective measure of hard-workingness. It’s an objective measure of how much you can memorize and how much of the time you can dedicate to memoziing. Did you know that in Asia some my colleagues take a 6 month sabatical to memorize - so to speak- the curriculum just to hurl it out within the 6 hour testing period. In fact some of these guys get a separate apt away from the family to do this.
We don’t live in a vacuum tube environment. There are going to be issues working with other people in a team, issues with mgmt screw ups, environmental (like political and regulatory) factors and macro issues, HR issues. But they all make up what a portflio mgmt team has to go through to make a winning buy side team.
and I never mentioned anything about a GPA in my earlier post. I said a transcript. Something that shows his/her strengh and weaknesses on various topic on a relative scale.
CFA is not comparable across candidates. it’s comparable for that particular exam year only. The curve moves up and down even on a same exam topic every year. Thus, you may score the same in a two year period but be in a different failing band. if CFA were truly objective, it wil be like CPA exam where you simply show mastery of your skills and pass (or fail). There won’t be guesses on where the curve was each year. |
|