This is an important standard as I have found there a bunch of ‘advisors’ who they think they know everything about financial management. This person has a portfolio which is reached 7 digits. When you look at the jokers out there claiming they know how to manage people’s portfolio, it is a complete disaster. I randomly picked various stocks and ETFs that literally did not move since the beginning of the year. You should compare this to the performance of S&P 500 up 8.8% year to date alone. This customer’s profile was also charged 1% management fee as an insult as well. Seriously? WTF!
So what do you do? CFAs can help distinguish these loser from the winners as a minimal standard. Non CFA fools who cannot pass the three exams will weakly say these advisors are still managed by the local government. Here in Ontario Canada, I know stock brokers who got busted by inappropriately pumping and dumping investors capital which went into his pocket. Was this stock broker scum busted? Yes but he got simple slap on the wrist and was back at scamming more people at another broker six months later. This is how weak these local regulators are which have no teeth. This really annoys me as you can tell. Seriously, look for a CFA as a minimum standard when looking for a financial advisor. This would also include a tax expert as well.
Other highlights which are true from the above article includes:
The material is constantly updated so as trends emerge, emphasis can be added to certain areas and as certain topics fade, they can be de-emphasized. So in that sense I guess you can say it is cutting edge.
It is a globally recognized standard, so anyone with this designation, no matter where they achieved it can be considered a true expert in the field of investments and finance.
It is extremely difficult to achieve, so anyone passing all three exams and having the qualifying work experience to achieve the charter signals to a potential employer that they are very smart and very driven. It is sort of a shortcut for employers, as long as you are a good cultural fit, you can very likely do the job.
The other folks commenting negatively are most likely those who are weak who failed in the CFA exam process.
I am no CFA but what can I do
As for me, the latest round of system testing seems to meet my minimal standards. I expressed this in a video below about this. Now I will focus on building a tool which can shut down the system once either the daily/session trading goals are achieved or panic alert button. Find that article here which was posted yesterday:
Here is the login ID for this event: Careers in Quant Finance and the CQF aka Certification in Quant Finance
Careers in Quant Finance and the CQF
Are you interested in a career in quant finance? If you are looking for a quant analyst role in risk, structuring, derivatives, IT or in any area that requires quant mastery, attend this 45 minute online session for an overview of employment trends and opportunities. We’ll also discuss the various quant finance accreditations available, including the Certificate in Quantitative Finance (the CQF).
Quant development: wanted to certification in c++.which one is good,plz kindly help me..i have done my BE(cse) in 2010
there are no general C++ certifications. I guess there are some Microsoft specific C++ certifications but then you’ll be confined to a single vendor. No company/vendor owns C++ – the language is an ISO standard and compiler companies develop compilers implementing the standard. The best certification is to continuously enhance your skills as much as you can and visit groups like this and more, become a member in the various C++ user groups on the Internet and at LinkedIn, continue to write good code, continue to read good C++ design, continue to read books, etc.
Some have tried to offer a certification test in C++, but almost always, the real experts in the language are very critical of the questions and answers. This is a very complex language to master. I’ve been working with it over 15 years and I do not consider myself an ‘expert’, though I have written articles and courses in the language.
I don’t think there is any c++ certification. I will suggest you to pursue CDAC course. There you will get your programming concepts very clear. There you will get the real picture how c,c++ program works, how process is created, how this process uses your functions and variables.If you will understand the real picture how program works, you will feel every programming is easy, No need for any programming certification.
Is there any certification in High Performance Computing (HPC) which is high in demand? Any specific technical skills that are high in demand like C++, CUDA, Hadoop, etc? Kindly share your thoughts.
There are a number of different aspects to HPC – and they require different groups of technical skills. Our HPC facilities are primarily distributed memory, and so we have a need for getting our users up to speed on this architecture and getting their algorithms and programs to run efficiently. So parallelism concepts, implementation and MPI are very important as well as understanding libraries and the selection of routines. Also optimization of programs and use of the compiler. FORTRAN and C are important.
Quant development: Any certification that may help to get into parallel programming like NVIDIA CUDA, etc. Any comments.
Well, it helps if you know C and C++ (since thats what CUDA uses). Otherwise I believe this is such a small and niche market that not many would bellieve it worth to invest the time in a certification program! But again, that’s just my view, maybe experts can proove me wrong !