Hope all are bit relaxed now that the exams just got over.
Have a question in my mind which have been going around for few days. What if one is not interested to work in a corporate world? What if s/he wants to ‘teach as in any University or Institute as a Professor’ OR ‘wants to work as a Consultant in a farm’?
In either of these cases, how CFA can help? Can some one please shed some (if possible full) light on this matter?
Any kind of insight, advices or tips would be of great help. Thanks!
Hi @Sophie! Lol! sorry..it would be FIRM not FARM..typo error. Thank u for mentioning it. 🙂
Well i’ve done bachelor’s in BBA with major in Finance & Accounting. I’ve got work experience in trading in FOREX/commodity market and also in insurance field (well very little finance was involved here).
Recently i’ve quit my job after delivering my 2nd baby, and decided to pursue CFA (which was a long awaited dream but couldn’t due to personal reasons). As i want to spend more and more time with the kids over time, so was thinking if either consulting or teaching would justify pursuing CFA and would also give me enough time to contribute in my kids’ growth.
So what do u say or suggest? 🙂
CFA would certainly contribute to both your desired profession – teaching or consulting (finance-related of course). It depends which particular area you’d like to pursue a career now?
Wealth management could be another area of relevance. If work life balance is a priority, it’d seem that the hours are more predictable than consulting (and requires less travel).
Initially if given the opportunity to teach then i would prefer to do so. And then on later stage i would like to go for consultation.
Do u think i would require to have corporate experience in order to get into consultation? And what all can i do under Wealth Management, if you could kindly elaborate on that.
Thanks in advance.
Anything’s possible really @Muneera – call me an optimist, I always believe that luck is when preparation meets opportunity. If you’d like to go into teaching, I presume it’s finance-related (for CFA to be of relevance), e.g. college basic finance courses etc?
Besides CFA, do you need any teaching qualification to get started? Or is it private tutoring you’re aiming for? Lots of options here to start out – do you’ve an inclination of where/what teaching roles to apply, and for what subject?
I presume you mean strategy consulting here – and while CFA is not a requirement, it’s a plus, especially if your clients are financial institutions. The question is whether you can stand out, justify how your experiences so far (incl. teaching) can add value and demonstrate that you’ll fit in and can do the work if you want to pursue consulting later. Corporate experience is useful but not necessary, again it’s all about demonstrating relevance of what you’ve done so far to the role you’re applying for.
It is generally a pretty broad question, hence my broad-ish answer as I don’t know what your interests and priorities are for this. It may be too long to elaborate about wealth management roles here, but a quick google search can tell you more. There are roles such as relationship managers, fund managers, performance and risk analysts, product specialists, fund accounting experts, financial advisors etc. The world is your oyster!
Thank u so much @Sophie for being so encouraging.
Yes as you’ve assumed, i would want to pursue teaching in finance field, if opportunity comes by. In some countries like Canada, i believe one requires to have B. Ed. in order to teach. So am not sure if doing CFA alone can exempt one from that requirement.
I think at this stage am still not fully sure about what precisely or which specific field under this vast Finance i would want to concentrate on. Maybe overtime, once am done with CFA (hopefully!?!) i would be able to come to a decision. Till then i would ponder over the points you’ve mentioned.
Thanks once again for the head start. 🙂
And am open to more views and advices. Let see if any other member from the forum can help me with it.
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