Hi investors...

I have heard of CFA programe. I am curious.

Is this a very tough course?

I have no background in Finance nor Accounting, I am a science subject graduate (Chemistry). But I have a strong mathematics foundation (scored A during STPM). I am currently not even working in a Finance related position. But I am thinking of broadening my career option.

What else can a CFA holder work in other than as a analyst or in a Investment Fund House? Can a CFA holder be a CFO/Financial Controller of a corporate company?

Thanks.

Xuzen

P/S:
Dear Moderator,

I put this question in this forum rather than the education because I feel that there are more finance-literate forumers here and the target audience is more appropriate, thx.

What is your engineer friend currently doing and what is his rationale for doing this course?
I have thought about it and I read it somewhere that CFA is of par level with Master in Finance but at a must lower cost.

Xuzen

It is strange to know that one need to take a pay-cut (disadvantage) to study this course. I always assume, continuing education is to increase one's worth to a corporation/business. If what you say is true, then doing this extra work (study for CFA) and get a pay cut is quite illogical.

I am trying to avoid MBA because I think MBA nowadays are like Malaysia Datuks... simply throw a stone and you will easily hit one in the street. There are just too many of them and I postulate in very near future, the supply of MBA holders will be more than the demand for their service.

Xuzen

I am in my mid-30's.

I am a graduate in Chemistry. Currently I am running my family owned sundry shop (General Manager). I have been doing this job for almost 10 years already. You can say I am a bit bored with this job.

Of all the business aspect, I love the finance side the most. I also trade in shares as a side business/income and that is why I get to know about CFA & wishes to find out more about it. I don't mind going back to school again, at least to break the monotony.

Now you all have a clearer picture of my position.



I am sorry you think of it this way. If networking is what one truly wishes, then by all means join a political party and rub shoulder with the leaders and get lucrative contracts, or maybe join a top notch golf clubs and rub shoulder with some tycoons to seal business deals. I find your idea of education is so warped. But then each is entitled to one's opinion, whatever float your boat. I just don't share your opinion.

Xuzen

Yeah, thanks for helping me put things into perspective. I do not wish at this time to completely abandon my current job, I am responsible to keep my family business going... you know the typical eldest son, family responsibility bla bla bla thingy.

I might just enroll into level 1 for a preview, I am not that keen to be a Chartered Holder, my main purpose is to obtain some formal education/training to help me be a better investor. Taking Level 1 only seem like a good idea.

Xuzen

Both train people to be Kaisu and kaisi.

In the end , after finishing the course, you think only Public Bank is the stock is qualified to buy.

Of course, if you are under employment, you may need to say lot of things beyond your conscious.

By the way, i do not have any CFA. so I can  just simply buy.

I get what you mean.

I'm taking the course not because I want to pick the right stocks and earn money. I just want to understand the economics better.

And I do agree the more you know, the more you actually don't know. But then again, if everyone having this theory in mind and think that courses are not worth to go for to enhance knowledge, then what's the initial purpose of study, right?