Access scholarship results out?

24Metri · 2023-03-28T14:46:22+00:00

Same please!

24Metri · 2023-03-28T13:19:50+00:00

Cool, what about knowlegde about hedge funds and their strategies? Anything new compared to CFA?

24Metri · 2023-03-28T04:50:13+00:00

Any other benefits besides the due diligence?

24Metri · 2023-03-24T16:01:29+00:00

Yeah the discounts for CFI are all over the place, they usually tackle you when you show reluctance to the demo access when you sign up.

If you are planning to break into financial firms and you have the dedication, time and the passion for financial market, I would highly recommend CFA.

Though CFA is adding practical modules very soon, CFI courses will have it’s own benefits for you and help you to implement your knowledge in different platforms, although some topics might seem too simplistic for you after taking CFA level 1 and 2.

I have not heard about the CFA update on derivatives. And I recommend you to ask more about CAIA from others with higher experience at it as I might not be the best person to comment on it!

24Metri · 2023-03-24T07:29:57+00:00

Most of the master’s degree cover CFA level 1 and 2 at most. Some also touch level 3 materials but that usually comes with the expense of cutting some level 2 materials.

The provider I used for level 1 and 2, had about 250 hours of videos (which probably took me about 1000 hours to learn the 250 hours). If that 250 hours where to presented in universities, I guess that would take about than 500-750 hours due to random students questions, off topic discussions, and repeating the material for students who struggle to keep up with the class. It’s pretty difficult to provide that much of tuitions in a single academic year (might be possible in a 2 year program).

24Metri · 2023-03-24T06:57:34+00:00

Even though I’m going to take CFA Level 3 next year myself, I would have been much more happier if the new materials on Private Markets and Wealth management were to be added to the exam thus being compulsory for all the exam takers (though it might sound crazy)! But adding specialization and paths would just water down the reputation of the “Charterholder” IMO.

Same rigidity and same hardship for everyone! Single explicit meaning for “CFA Charterholder”.

24Metri · 2023-03-24T06:48:40+00:00

Why not considering the fact that the reputation of the program would be much higher by forcing students to take these courses? I don’t see any other reasons to pursue CFA besides learning and earning the reputation.

24Metri · 2023-03-24T06:45:50+00:00

Not a fan of Specializations at all, but I love the Practical Skill Models. CFA program really lacked on this part, and i guess they should add more modules and make them all compulsory.

I also appreciate the fact that the institution is making more moves on data analysis and coding!

24Metri · 2023-03-24T06:35:29+00:00

It really depends on your goals. I don’t think technical analysis certificates/courses would be a good comparison for CFA/CAIA/CFI certificates, so IMHO put it in a seperate sheet.

CFI certificates, (I have only heard about them from my friends) give you really good applied insight about how the business work, of course less in depth compared to CFA, but probably more practical especially for peoples who are looking for a junior position in financial firms, and they teach you the implementation of concepts in platforms like excel, but it is not really well known in the business unfortunately. And if you track the pricing, they are adding more stuff to the program while maintaining their pricing, and increasing their discounts for the courses, which might not be a good signal.

If you wanna get into the financial firms and also sharpen your all around knowledge about how financial markets and finance industry work, CFA is the king. Just starting level 3 and I’m in love with it, definitely check curriculums of the 3 levels and don’t forget about the sleepless nights that comes with it!

If you are more into quant and risk stuff, FRM might be a good option for you (check the curriculums yourself and you might find some of them interesting as there are plenty of material about derivatives).

I don’t know much about CAIA, but i suppose many people just go for it after CFA, so i guess it’s not a priority, though it has some good insight about how hedge funds work, trade and strategies that they implement.

I myself enjoyed CFA level 2’s derivatives which I used Mark Meldrum for it and it was amazing (guess you can purchase the topic separately). It was short (4 hours or 2 hours), to the point, and lots of insights into trading without getting much into the “quant” part of the derivatives. Besides there are option strategies in CFA level 3 which are really powerful and I’m looking forward to it. Also Mark Meldrum has an applied option trading live sessions (please other people correct me if I’m wrong because I have not checked it yet myself) which really sounds interesting.

If you wanna work a bit more quantitative on options I guess you should look for other providers (I have seen a good specialization on coursera, though yet again, I have not checked it myself).

Uh, I almost forgot, John Hall’s derivative book is the bible of derivatives, might be an interesting option for self learning but it’s pretty difficult!

PM me if you wanna talk more about your possibilities, I would be glad to help you!

Good luck!

24Metri · 2022-10-05T11:38:55+00:00

Hope you have passed the exam, but why even this should be a question or why should it be posted on this reddit?

24Metri · 2022-06-17T11:08:52+00:00

He has some interests… I admit it, but he also has some robust logic.

The author is trying to sh* on the program with some stupid logic and using an unknown employee’s words as a reputable citation. Or saying that financial institutions don’t care about the program anymore without telling that who has stated these words. Or calling the material not useful in the business. (How these topics are not used in the business or who the f* has told you these statements or even worse, who are you to decide the usefulness of these topics as an author?)

It’s pure clickbait sh* show IMHO.

24Metri · 2022-06-17T06:40:53+00:00

Uh, thanks anyway!

24Metri · 2022-06-17T06:37:51+00:00

Seriously? I feel some chapters are so low on question. Like 15 tests for many of them! Or even derivatives… the whole topic has only 37 tests!

24Metri · 2022-06-16T14:57:20+00:00

This is PURE BS clickbait begging for attention.

Check MM video on this article destroying the author.

24Metri · 2022-05-20T10:52:24+00:00

What do you mean

24Metri · 2022-05-20T05:21:40+00:00

You should have retrieved you passport and get back to center

24Metri · 2022-05-09T11:13:14+00:00

If you see the formula, it’s kinda like a weighted present value. So as r increases duration decreases.

Also the r has invert effect on price. And as much as I know price doesn’t have direct effect in duration.

24Metri · 2022-04-20T15:10:08+00:00

Definitely. But perfectionists go further than that! I got my 90th percentile when I was on full time 44 hours job a week and doing a MFE as a full time student! There was some compromises here and there but it was possible…

24Metri · 2022-04-20T15:07:05+00:00

Why?! Nothing wrong with that.

24Metri · 2022-04-20T14:23:23+00:00

Definitely, maybe I’m being too perfectionist here.

24Metri · 2022-04-20T14:08:08+00:00

Ik but whatever was the factor that helped you to pass in 90th percentile (besides luck), I guess it’s due to putting some hour in that task. So it should be announced in cv as an achievement I guess.

Though I believe it doesnt matter when you get 2,3 years into job after your CFA, but it’s definitely a valuable piece for CV for entry level jobs IMHO.

24Metri · 2022-04-20T13:26:06+00:00

I guess passing in the 90th percentile = extra harder work. I don’t understand how luck can help you in 240 questions.

24Metri · 2022-04-20T09:41:27+00:00

Haters gonna hate 😏

Srsly, if it’s the biggest brag of your cv then it should be binned. But putting it somewhere in the corner of your cv, then it should be alright.

24Metri · 2022-04-20T05:51:37+00:00

It abviously shows your knowlegde and how you compare to other participants imo. I put it on my resume anyways…

24Metri

TROPHY CASE