I am a little older and live in NYC.
Have passed level 1, and want to sit for 2016 Level 2 CFA. Even if I do pass Level 2 CFA, what would I do with it? I was thinking of being a sell-side analyst (I have an accounting/audit background). I would appreciate input if I am over 40 or 50 if it was worth it?
According to my research, to be a stock analyst, I would have to do the following:
o Pass Level 2 CFA,
o Get job as Analyst,
o Ask FINRA for permission for Series 86 Exemption,
o Pass Series 7,
o Pass Series 87,
o Pass Level 3 CFA
Would they even look at someone in the NYC if they are over 40? Over 50?
If not what are my alternatives?
Any advice is appreciated!
Advice #1: spell “advice” correctly
He’s obviously a limey, so back off!
It certainly isn’t easy at that age but depending on your background it’s possible. If you have a lot of experience covering a particular industry it would help a lot. While I think nothing short of a fratish tribute to Rodney Dangerfield would get a 50 year old in IB, it is not impossible (though unlikely) to get into ER. In your situation though I’m not even sure if I would try getting through all these exams and certifications… I think you will be disappointed with the outcome. I think your best bet would be to do in depth analysis of a certain industry and start sending your work out along with your resume.
He spelled it correctly the second time!