While I do have an MBA from a top tier institution, I am not sure if I should or shouldn’t be embarrassed for not having a CFA charter. Years ago, I passed Level 1 but have not been able to find the time (read: I’ve been too lazy) to bone up for Levels 2 and 3.
As an investor, I’d say that a CFA is useful, but by no means required, to be successful in this industry. The same goes with an MBA, though it’s undoubtedly true that many business schools act as feeder institutions into various entry-level positions on the buyside.
Continue reading “The CFA is a nice to have credential, but not a must have”