Would you rather have passed CFA1 or FRM1&2 by July 2016?

FRM
#1

Which would you prefer on your resume as at July 2016

CFA1 or FRM1&2

Is it more difficult to study CFA 1 or FRM1and2 at a go?

Thanks in advance

#2

FRM 1 and 2 combined will be much harder than CFA 1. Conceptually CFA 1 is easy, just financial reporting might take some time. FRM 1 by itself has more challenging math than CFA 1. I wouldn’t do FRM 1 and 2 in one go if you don’t even know CFA 1 material. In order of most difficult: CFA Level 2, FRM Level 1, CFA Level 1. I haven’t taken FRM 2 or CFA Level 3, but FRM 2 is supposed about same difficult as FRM 1. If you’re ranking purely on resume impressiveness, then certainly FRM 1 and 2 are more impressive than CFA 1.

#3

Macro, you have really helped me on this, I totally agree with you, I think I respect CFA so much I was underestimating FRM.

Thanks again

Yolanda

yes

#4

100% agree. But I’d like to add YMMV - it depends what your background is. That said, I work in FRMent and have zero formal education in FRA yet found FRM 1 to be MUCH harder than CFA 1.

#5

1.FRM 1 & 2.That’s a full designation.CFA I is no designation.

2.FRM I Itself may pose bigger challenge than CFA I depending on the background.CFA I is no match for FRM I & 2 together irrespective of background.

#6

Thank you

#7

Btw, you won’t get any letters on your resume on July 2016 regardless what you choose since the results won’t be out yet by that time of any of exams.

#8

I guess the results could be out by July 2016.The “letters” will have to wait.