Age of CFA Level III candidates

I’m guessing the median accountant makes more than the median guy in finance. The sky is the limit for the best performers in finance but the great majority make peanuts.

Although it seems that those high level accountants (those who can end up being the CEO of a company) are almost always guys. Low-mid level are mostly women. I guess women just quit this profession to have babies.

^ Or get married to the BSDs (big swinging dicks) and become stay at home wives/moms

cheeky

29

What’s the median?

LOLOLOLOL!

Actuaries and accountants should not be lumped together. One is involved in estimating the future and the other is invovled in reporting the past. Very different disciplines.

Accountants look at the rearview mirror, finance professionals look through the windshield.

Investors go through the windshield.

Sell siders point and laugh at the car wreck from a safe distance while they count their money.

Actuaries are excellent at Mathematics. Accountants only need to be good at calculations.

Hey, I’ve been told that Accounts have the Black-Scholes option-pricing model on the CPA. And actuaries appear to use computers to do their math.

But I have an aversion to accountants – I was always put in group projects with them in undergrad business school, because the teachers thought my personality would balance out their generally uptight nature. Gave me a lot of practice with how to work with difficult people lol

It’s hard to compare finance median incomes with accounting. Accounting is a much more specific label than finance. I think you’d need a finance sector to draw worthwhile comparisons.

Classic.

19, turning 20 next month

^You’ve been 19 for 10 years now :wink:

I thought in school though, accounting didn’t require nearly as much math as finance, let alone actuary … So are the accounting students already upright and difficult? :wink:

No one aspires and dreams of being an accountant. The friends I know that ended up that route were mostly double majors in finance/accounting that wanted the elite finance jobs, couldn’t get them, but were easily able to get an accounting job, and went from a lack of options

Yea, I guess my point is the school vs job thing is often different – I just noticed part of my first paragraph’s reply got deleted. I think actuaries have to conceptually understand math but not necessarily have to be able to do it. And accountants don’t really have to deal with that sort of thing. My friends who are actuaries often cite the fact that it’s ranked as one of the easiest high paying jobs there is.

I think there is a certain kind of person who goes into accounting to be an accountant. My experience is that they are more introverted and don’t like trusting teammembers. At my school it was pretty impossible to do finance and accounting double major. So the accounts were that major to be an accountant, so my experience is probably of a small subset of accountants. The crazy ones who actually aspired to be an accountant lol

I see, so actuaries only need to be very good while they are at school and uni. (I heard it was very difficult to pass) and after that they just get big bucks easily!

Work/life/salary balance is apparently great for actuaries.

^i can also see that in some actuary I know … jealous >.<