Leo

[Leo]

Up

5

::

This is so naive.

I cannot believe that you are comparing the CFA charter with an MBA. In my opinion it is harder to obtain than a Phd.

According to the CFA institute statistics, you msut note the following:

1.Worldwide, there is only about 110,000 charterholders since about 60 years
2.The charterholder should master about 18 books extensively including 10 different subjects and must have at least four years of investment related experience in order to be eligible for the charter
3.The average period it takes a charterholder to earn the degree is four years (same range of Phd not to mention that studying for CFA charter is harder to obtain and more stressful)

Also:

A CFA charterholder in most cases is a better candidate to teach finance courses (at least he/she is more into finance than a Phd researcher who spent the 3 or 4 years researching only one topic which might be completely different for what you are teaching your students).

Suppose a group of students asks the dean office to offer a “derivatives” course, whom do you think is better to handle the couse (all else being equal): a Phd graduate who might haven’t even read any topic about derivatives during their research studies (I met personally such people) or a CFA charterholder who was extensively tested three times to master the derivaties. (again I am not a charterholder so no violations here)

[Leo]

Up

3

::

LOL

Christine. You are funny.

MBA does not even come close to CFA. Allow me to tell you that your article is a shame.
Your article gives false sense about the difficulty of the CFA.
The average period it takes the charterholder to earn his/her charter is four years (not 2 years as on MBA).
There are ONLY 120,000 charterholders all over the world since more than 50 years of CFA institute inception.

CFA is doable, yet people should know what they are going to face during their study. It is one of the toughest exams in the world.

I know many people finished their Phds while other CFA candidates still struggling in the level 2 and level 3 CFA exams.

Please do not mislead readers.

Leo,

[Leo]

Up

1

::

christine
with all my respect, still, you are indirectly misleading others by simply stating CFA vs MBA
it is like you are saying Ferrari vs Toyota which don’t even come close to each other

I am not giving an opinion, I am noting my personal experience. I got my MBA from a repuatble university (with outstanding results) and I went through all of the 3 CFA levels. I can tell you the difficulty of the two is completely uncomparable. CFA charter for me to obtain was even tougher from obtaing a Phd (I could see my close friends doing Phds).

Regards

[Leo]

Up

0

::

Hello Zee,

But you are saying an MBA is an equivelant to the CFA charter; which is completely inaccurate.

I am not here to scare people about the CFA charter. However, new applicants to the program should know what they’re going into.

I, for one, have completed the MBA prgram from a reputable university and went through the 3 levels of CFA charter. I can tell you out loud: an MBA is a breeze as compared to the CFA program.

Leo

[Author]

Posts