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Business Chartered Financial Analyst (CFA)

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gooni3
post Oct 29 2011, 01:36 PM

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but they waive the entire level 1 fees not level 2 fees for kasturi..

i haven't paid for the kasturi fees yet, so im still able to join noesis.. but then i already told them i'm joining them @.@ =(

btw fino does getting >70% in all ur subjects give an added advantage while looking for a job?
gooni3
post Oct 29 2011, 03:01 PM

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the only reason for noesis is the career placement

i need that because i'm not sure if i can get a job after passing level 1 itself. i will need 4 years to get the charterholder.. sigh.. so i wanna save as much time as possible =(

if kasturi has that career placement thingy i would go for it..

another concern for me is i read online that some say CFA doesn't help at all if u're going into IB's.. MBA from top uni's are the only way
gooni3
post Oct 29 2011, 06:34 PM

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thats what i wanna hear =)

ur fren, is he working in other field before? because i'm making a switch, don't mind starting from scratch again but will they take ppl like that?
gooni3
post Oct 30 2011, 01:46 AM

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i mean other than finance industry, say.. IT

and ur degree is in IT let's say

This post has been edited by gooni3: Oct 30 2011, 01:47 AM
gooni3
post Oct 30 2011, 04:16 PM

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yea im from CS

level 3 ka.. =(
gooni3
post Oct 31 2011, 09:29 PM

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kinwing u didn't work at all in between 2 years? didn't they ask you what the gap is all about/
gooni3
post Oct 31 2011, 11:51 PM

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ahhhh okay

so when did u do IT halfway?
gooni3
post Nov 1 2011, 02:31 PM

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ic but before that is finance right?
gooni3
post Nov 2 2011, 12:16 PM

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cheeky u're right in the sense that aim for the stars, if you miss, u might land up on the moon! so always aim for more

kinwing, u're degree is in finance?
gooni3
post Nov 3 2011, 09:13 PM

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hahaha i did training in sap, but don't have cert. not going for it though.. won't help in getting finance job
gooni3
post Nov 4 2011, 05:35 PM

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IRC = intensive revision course

btw, Justin, u've just registered today i see, when u said we, do u mean u're one of the charterholders around?

It is true what you guys said about our market not really needing CFA at the moment, but I really think they should at least regard us as a prestigious group of ppl. It is really a shame that many people do not know about this qualification and also the vigorous curriculum we all go through. People with at least this qualification should at least be regarded as higher than masters and I really do not understand why IB's don't think of this qualification is comparable to some accounting or finance degree background.

IB's would give interview to people who have accounting or finance degree background when they are fresh graduates, while people who want to switch careers like us go thru hell with this curriculum and not given much opportunity? I kinda find this a bit unreasonable. Might as well do another degree in finance right or master in finance? Shorter time.

About big investment banks and hedge funds, when you said relevant experience and MBA, do you mean that they will not take freshies even for entry level jobs? Because prior to obtaining an MBA you will need a significant amount of work experience, ie. Ivy league schools will prolly have an average MBA candidates of age 29. If that is so, it is out of the question at the moment. (still got plenty of time to prepare for that)

Hope that they will at least in the near future, recognize us more when the job market becomes more competitive. Thats why getting it now is better. hahaha

Anyway, what is the CFA for then, if it is not so useful here. It is so difficult to pass and takes 4 years to complete on average? why is everyone taking it then?

This post has been edited by gooni3: Nov 4 2011, 05:36 PM
gooni3
post Nov 4 2011, 05:46 PM

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us means people who are in the CFA group/industry

and yea it means people who have passed the exams of at least any level. I was using us for the sake of easy referencing instead of using words like "people who pass all 3 levels and earned the charter"

its easier to say "us"
gooni3
post Nov 4 2011, 05:59 PM

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thing is, if we don't even get the chance to interview then how to show actions?
gooni3
post Nov 4 2011, 10:39 PM

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fino, i actually meant that not us say we are superior or prestigious, i mean at least they would think we're comparable to a degree holder in finance or better?

because, if a degree holder can get jobs in finance, and people who pass 3 levels cannot, isn't that a bit sad?

and yea thats y the long term part, might as well take degree all over again right? at least degree has a higher chance than cfa into IB. If that's really the case.

kinwing, yea i know other places regard it higher, but i of course would love KL more

fino, what else can we do if we don't get into IB, that means our cfa is completely useless?
gooni3
post Nov 5 2011, 02:48 AM

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no, i want to get it =p

my aim is really just some experience in the investment industry (doesn't matter which field) it's just that for some reasons I have a built in subconscious idea that IB's give one of the best experiences.

I have some obligations in the future, but prior to that, I'm supposed to gather character building work experience and of course I would want it to be in the investment industry
gooni3
post Nov 7 2011, 02:54 PM

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go to kasturi and buy it =p
gooni3
post Nov 24 2011, 11:04 PM

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siew u're not slow

some of my classmates havent even gotten their text books


knight, have u passed level 1? if u havent, then better think of passing level 1 first
gooni3
post Nov 25 2011, 02:21 AM

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nice! then take level 2 and study hard for it! don't only study on weekends!
gooni3
post Nov 25 2011, 02:58 AM

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i am not a veteran, i am new in this area too.. trying to make a career switch.

i would not know which option would be better for u.. but if u ask me, i'd go for public mutual
gooni3
post Nov 25 2011, 05:23 PM

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hahaha, im biased towards public bank (some of my family have an account with them)

not very familiar with alliance bank. i don't associate myself with something i don't really know very well

i'm not racist but public bank seems to be more of a Chinese bank ( they probably squeeze u and u might learn more from that )

This post has been edited by gooni3: Nov 25 2011, 05:24 PM

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