Do you think it makes any sense to take CFA for a software guy?
Have a pretty cool job as a Product Manager, created several products from scratch, well rounded in several business domains, agile processes, team building, and management, lean startup, etc. Can easily go into lucrative consulting on this market.
Motivation for CFA
- Want to get an in-depth understanding of how money stuff works. That’s the main thing and I like this idea as it’s a bigger thing that keeps me interested in CFA for several years already.
- CFA is cool.
I know both arguments sound childish but that’s the essential motivation I found upon some reflection.
Background for CFA
Three years ago I had some time and used it to jump on Level 1 but failed due to stupid learning strategy. I was in the 20-50% guys who don’t show up on the exam. I did master the calculator but was severely lacking practice.
This made me even more hungry to try again as now I know how to do it the right way. Now have a proven personal system to learn new stuff. With which for these 2 years I got one professional cert, learned a new language, made few first but real steps in data analysis.
Trade-offs and doubts
This is the hardest part as knowing the hefty scope of CFA I know that a good amount of time should be put to get through.
The opportunity cost is that: I have a good chance to master 1 more language at B2-C1 (year 1) + become a trainer in my industry (year 2) + some more for year 3. Concerning the fact that I have no strategy to apply CFA to obtain clear benefits, it’s crazy to spend so much time on it.
I know that some guys going the opposite direction from finance into software and startups. But there are always should be someone who changes a domain, right?
CFA and finance are mostly terra incognita, I mean I know something but it’s an amateur/hobby level. I know for sure, that when you combine your actual experience with a big project in a lively domain you never knew before, as a result, you’re getting something that you never imagined. Concerning the fact that I have a call to do CFA it will be fun (which is a solid plus) and possibly I can apply my product management skills in finance or on the edge of finance and software.
Should I give it a chance, what do you think?