FRM pre-CFA & pre-FRM

pre-CFA & pre-FRM

  • This topic has 3 replies, 3 voices, and was last updated Nov-20 by cfachris.
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    • daved10
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      Hello,

      I am 32 and currently unemployed. Have an MSc degree. Searching for a job since last 4 years. Now, I want to switch to Finance and planning to do FRM L 1 in 05.2021 and CFA L 1 08.2021.

      Do I stand a chance, considering my age, to get an entry level position in the industry?

      Looking forward to your answers.

      Thank you.

      Dave

    • jujubeads
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      What were you doing before?

    • daved10
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      I worked in Quality management for a refrigerator company. The manufactured refrigerators must follow the EU energy standards.

      No experience in finance field. I am Physics graduate and have solid Maths and Programming foundation.

    • cfachris
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      @daved10 – is there any specific field in finance you want to go for? It is important to understand your motivation here for a career in finance (and which part). Getting a CFA charter is not a golden ticket to jobs, so I’m worried you’re spending extra time and money and not getting what you really want to achieve with this.

      Honestly speaking – and I don’t mean to be a naysayer – the current employment market is not looking great for all, and finance is an extremely competitive field as is. The 4 year unemployment gap can be an easy target to discount your application, and age may be an issue too with graduates flooding the market.

      Switching career and/or job function is never a one-step thing, and usually people achieve one change at a time (i.e. switch job function but different sector, or switch sector but holding the same job function). I wonder whether you would be able to leverage your math/programming background to get into the finance sector to start (but not your ideal job function)?

      Lots of food for thought here, and not enough information.

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