YeeS_Mos Wrote: ------------------------------------------------------- > Davydov, I passed FRM in November 2009. My advice > is to concentrate on CFA, take GMAT, have a rest > or pass CAIA. FRM is not very usefull. > > It is VERY HARD exam and it is not so useful as > CFA. > > Now I have it and I am not going to use it. The thing is I will already be in study mode, my company pays for it and I don’t need to go to grad school since I have already been (i.e. no need to take GMAT). Also, I have a LOT, and I don’t want to understate this, quant background. As far as not using it, I don’t think I will use 95% of what I learn from the CFA either. It is more a matter of getting the letters behind your name as a signal to your clients.
krykry Wrote: ------------------------------------------------------- > I passed FRM in 2008 and now preparing L2. > > This gives some help on derivatives and quants and > enables me to focus on Equity and FSA. > > Anyone follows the same path as me? And here I thought I was the only crazy bastard taking the FRM before completing CFA-L2…
cfacowtown Wrote: ------------------------------------------------------- > krykry Wrote: > -------------------------------------------------- > ----- > > I passed FRM in 2008 and now preparing L2. > > > > This gives some help on derivatives and quants > and > > enables me to focus on Equity and FSA. > > > > Anyone follows the same path as me? > > > And here I thought I was the only crazy bastard > taking the FRM before completing CFA-L2… +1
I’d rather do the CAIA before doing FRM, but I don’t think I will do anymore schooling for a while after CFA…
CAIA nicely fills space between cfa exams. But I think three certifications is overwork.
TheAliMan Wrote: ------------------------------------------------------- > I’d rather do the CAIA before doing FRM, but I > don’t think I will do anymore schooling for a > while after CFA… Do you mind me asking why you came to this conclusion? Just curious.
adavydov7 Wrote: ------------------------------------------------------- > YeeS_Mos Wrote: > -------------------------------------------------- > ----- > > Davydov, I passed FRM in November 2009. My > advice > > is to concentrate on CFA, take GMAT, have a > rest > > or pass CAIA. FRM is not very usefull. > > > > It is VERY HARD exam and it is not so useful as > > CFA. > > > > Now I have it and I am not going to use it. > > The thing is I will already be in study mode, my > company pays for it and I don’t need to go to grad > school since I have already been (i.e. no need to > take GMAT). Also, I have a LOT, and I don’t want > to understate this, quant background. > > As far as not using it, I don’t think I will use > 95% of what I learn from the CFA either. It is > more a matter of getting the letters behind your > name as a signal to your clients. About not using FRM, I mean that I did not use the letters after my name though the material was the high level such as in CFA.
YeeS_Mos Wrote: ------------------------------------------------------- > adavydov7 Wrote: > -------------------------------------------------- > ----- > > YeeS_Mos Wrote: > > > -------------------------------------------------- > > > ----- > > > Davydov, I passed FRM in November 2009. My > > advice > > > is to concentrate on CFA, take GMAT, have a > > rest > > > or pass CAIA. FRM is not very usefull. > > > > > > It is VERY HARD exam and it is not so useful > as > > > CFA. > > > > > > Now I have it and I am not going to use it. > > > > The thing is I will already be in study mode, > my > > company pays for it and I don’t need to go to > grad > > school since I have already been (i.e. no need > to > > take GMAT). Also, I have a LOT, and I don’t > want > > to understate this, quant background. > > > > As far as not using it, I don’t think I will > use > > 95% of what I learn from the CFA either. It is > > more a matter of getting the letters behind > your > > name as a signal to your clients. > > > About not using FRM, I mean that I did not use the > letters after my name though the material was the > high level such as in CFA. Sure on a purely quantitative level the FRM is actually much harder than the CFA (although still limited by the multiple choice format). I don’t think I will use 95% of what I learn in the CFA program either so to me the level of difficulty isn’t necessarily synonymous with usefulness in my daily work.