i’m definitely feeling the pressure. but the situation may be a bit diffrerent. my boss got his charter in the early 90’s i think. never asked him if he went 3/3. but he gets it. he tells me it’s a brutal test and he said this, not me, that it was as hard as any test he had to take at stanford gsb. and don’t feel bad if i don’t pass it my first time. then, being the head case i am, feel like he THINKS i’m going to fail! so now i’m feeling the pressure. i do it to myself… like a neurotic george costanza on steroids. i feel like all charterholders should f*king know hard it is. and i really do think my boss understands what it takes. but still. it doesn’t mean i don’t feel the pressure. by the way, slash, i know what you mean. comparing the charter to the series 7 may be one of the worst things you can do to someone who is going through this hellish program. good luck stuyding guys. let’s pass this thing.
Then you guys don’t know what stories I have to offer. Noone my my team knows what a CFA is!! - beat that. (ok agreed I am a computer enginner and not related to finance in any sense), but atleast don’t compare a CFA to Java Certification dude!!!
Personally what always puts me into an instant conversation induced state of PMS is when I explain the CFA and people go oh yeah thats like my one friend who got their CPA.
That is when I say what is CPA? Is that Creepy Perverted Asshole? edit: No offence to any CPAs on here merely a Joke
speaking of great acronyms, my personal favorite I still keep laughing at was from ilvino. After he misread a q, he posted RTFQ Ilvino! For read the f question, pops into my head evertime I misread now.
The CFA is definitely harder than it used to be. How could it not be? The industry is growing and evolving, and so there is simply more to learn…In 1990 who the F&ck even heard of a credit default swap? The basics of accounting and equity valuation haven’t changed, but hedge funds? derivatives? CDOs? The world is smaller and capital markets are more integrated. There are some people in my firm who earned the CFA charter when the basics of asset allocation were 60% domestic stocks, 40% bonds…some of those chumps would look at Level I now and weep. Lots of haters of the CFA program. Most of them (>90%) are too scared to try and fail so its easier to belittle.