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All done…

August 16th, 2010 Leave a comment Go to comments

Well, it’s over… CFA results came out this morning, and I passed. Believe me, I’m glad to be done with the last of the three CFA exams. Furthermore, with pass rates that are less than 50%, I’m proud to be able to say that I was able to pass each one on my first attempt. However, just like last year, when I passed level 2, my excitement, though present,┬áis somewhat muted. Though I am done with the exams, I still won’t earn the three golden letters, CFA, until later this year. In addition to passing the three exams, the CFA Institute requires that candidates have 4 years of experience that they must approve as “investment decision making”. Being a career changer, that means a lot of my software background won’t count, leaving me a few months shy. So, I won’t earn my charter until the end of the year.

As I look back at the CFA journey, which began for me in 2006 (I took two years off as we moved around the country), I conclude that though it is a time-consuming commitment, I highly recommend the CFA program for anyone looking to make a career in investments. The subjects covered by the exam are both broad and deep (arguably too deep in some instances like swap valuation), giving candidates very good, holistic┬áinsight into the field. I especially like the way that things tie together – the first exam covers all the fundamentals of economics and accounting, the second covers valuation and international concepts, and the third ties it all together with portfolio concepts.

My congratulations to all those that passed any level this year, and good luck to those that’ll be taking it in the future! Now, off to celebrate…

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  1. Sharan Majmudar
    August 17th, 2010 at 08:57 | #1

    hehehe …that's sweeeet!!! congrats…

  2. Smita Majmudar
    August 17th, 2010 at 09:01 | #2

    Congrats.Hard work paid.

  3. Rupen Parikh
    August 17th, 2010 at 20:18 | #3

    have fun… well deserved and a nice note too!

  4. Anish Shah
    August 17th, 2010 at 21:55 | #4

    You d'man. Congrats.

  5. Vishad Patel
    August 20th, 2010 at 21:12 | #5

    dooood. nice job! congrats!!!

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