Is the CFA helpful for a career in trading or mainly just for one in corporate finance? I appreciate your opinions and experience

(Last Updated On: February 16, 2012)
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Is the CFA helpful for a career in trading or mainly just for one in corporate finance? I appreciate your opinions and experience



I’ll take a stab since no one else is: while I don’t have a CFA, many people in the industry have taken one, partly to help with a post-trading career, as well as to gain broader insight into the financial marketplace and the products they are interested in trading.

The main thing you get from the CFA which is directly applicable is a rigorous understanding of the financial aspects of the various instruments and their inter-relationships. One cannot trade these markets intelligently without that understanding. You will learn about virtually every financial product under the sun, and while you won’t ever trade 95% of them, it is valuable to have that appreciation for their place in the scheme of things nonetheless. Basically, you’ll learn more than you need to know, but that’s always better than the opposite condition.

So it may not be the ideal way to prepare for trading, but it will certainly help in many ways, and will additionally have other benefits outside of trading. I hear that Level 1 is tough and Level 2 is even more difficult. Pass that and Level 3 should be a relative breeze. Best of luck.



sHave you looked at the Certificate in Quantitative Finance (CQF)?
I ask as i see a lot of discussions what is best to get MBA, CFA, or CQF

There is a LinkedIn group you may want to ask in there, they should be able to provide more useful information

Here for more details



NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
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About caustic

Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at