What is the CFA? (EVERYTHING YOU NEED TO KNOW!)

[@AfzalHussein]

Get all 9 of my Career Guides (plus my Goldman Sachs CV and Cover Letter) for £29.99 here: careerguides.io/plus

[@JoeMaule]

The CFA Program is the real deal. A ton of work but you learn so much. Thank you for the video!

[@ianaruasa3325]

CFA vs MSc Finance?

[@randomgamer9553]

You should also do a video on CFA vs Masters/MBA

[@TheKhadija10]

RandomGamer pleaseee do this video afzal

[@tman1500]

CFA>MBA

[@randomgamer9553]

@@tman1500 how can you say that? And even if CFA is better, you have to commit much more time and money into it so it's definitely not a better choice for everyone.

[@tman1500]

RandomGamer cfa is cheaper than mba dude. Only reason to spend 10s of thousands on a MBA is because u get a network afterwards. Top 5 school MBA is ok..anything else is waste of money. For 99% of ppl, a CFA is the better option.

[@cromeromail]

CFA is geared more towards equity and investment banking, whereas an MBA covers a broad range of topics related to the corporation.

[@ralph3509]

Congrats on reaching 10k subs. Hopefully many more to come. Another great video as well.

[@AfzalHussein]

Thanks, Ralph. That means a lot 👊🏼

[@rosmaryalgarin9292]

thanks a lot for everything you said in this video is so complete

[@AfzalHussein]

😊

[@rosmaryalgarin9292]

ok thanks

[@hamzariazuddin424]

Great video....one edit or correction I would add is that it is actually possible to pass the exam in 18 months if you are able to pass each level on your first attempt. I luckily was able to do this and took my First Level 1 exam in December 2014 and finished Level 3 in June 2016.

[@jaymac27x10]

Taking part 1 this February, do you mind sharing more of your experience with me? I’m pretty well versed on the topics, but I’m stressing about the need to master everything lol. I only get reimbursed if I pass haha

[@TecheKnowles]

Hey! Thanks so much for this informative video. I’m contemplating whether to pursue the CFA designation or CPA designation. This decision is so tough. You’re videos are helping so much!

[@bismarcko4847]

Cfa is more finance based cpa is more accounting based so if you are working in audit, accounting etc. then the cpa is better. But if you are in IB PE AM it will be best to do the cfa.

[@BAMBAMBAM495]

love your show, always so informative

[@henrybuyanga1440]

Please may you make a video on CFA versus Masters degree and thank you for this video it was very helpful.

[@TheMrWillba]

Cool video mate, im doing the level 1 this June. I have an MBA and have found the study to be pretty significant, agree with the 300 hrs rule!

[@alenshibu16]

Hi sir Any good progress after 2years ? Just curious😊

[@jacobverlee6891]

How are you doing now with your cfa lol ?

[@TheMrWillba]

@@jacobverlee6891 yep all done, lvl 3. But in trading now and don’t really use.

[@TheMrWillba]

@@jacobverlee6891 good thanks mate. Finished lvl3, however in trading so don’t really use it.

[@mikefieselman]

nice video! thanks for the knowledge

[@AfzalHussein]

😊

[@rubenvandermerwe7213]

Thank you Afzal. Good video with good content. Thumbs up.

[@AfzalHussein]

Thanks for watching! :)

[@vinayagarwal2682]

Do big investment banking firms like ( Morgan Stanley,JPMC, Goldman Sachs, Barclays and many more) hire CFA's with one to two years of work experience?

[@skillnub70]

You can’t get the CFA without 4 years of relevant experience.

[@AfzalHussein]

You need at least 4 years of work experience to have the letters 'CFA' next to your name, however, if you have done and passed all three levels you can mention so in your CV/cover letter/application.

[@damonh14]

Do you think it makes sense to start the CFA right after you graduate before getting a job or waiting a year or two to start it once you've already been working? Thanks Afzal!

[@Shazam_575]

From my experience, I'd recommend doing it towards the end of your studies and try do as many levels as you can before entering the workplace BUT without compromising your degree. My reason for this is that while you're doing your degree you are already in that studying mindset. Also, from speaking to people who work in audit (doing CA and CFA), they find it tough to work 8-10 hour days and still make time for studying. The sooner you get the exams done the better.

[@vinitmotani4466]

I am doing CA, So CFA is worth doing for me ?

[@aspire2340]

@@vinitmotani4466 yess. you get best of the both world

[@jaymac27x10]

Doing it after a year or two in your finance job actually makes it much easier due to all the experience and knowledge u gained on the job

[@nadieleimporta9889]

An outstanding effort with no reward worth

[@i123456987654]

this video was so helpful! thank you!

[@kubanie71]

Would love to see a vid on CFA vs Masters. Could you also elaborate on masters in Finance/Investment? Is it worth? What grade is considered to be satisfactory? Which one is better to do CFA or a master?

[@khalid8760]

CFA for sure.

[@petrhorky7355]

Great vid, please do MSc Finance vs CFA vs MBA video. Also, it would be interesting to hear, how do these stack up. Thank you!

[@zSkandal]

true would be interesting !

[@Kho397]

How many papers per level?

[@Kj92209]

ACA v ACCA v CFA.... which one is more well rounded in the world of finance

[@randomgamer9553]

I think ACA is the most well rounded in the world of finance.

[@tman1500]

RandomGamer this comparison is stupid. ACA is accountancy, CFA is so much more than accountancy- derivs, ethics, eco, stats. If ur looking for something well rounded and most covetted in the world then CFA is ur best choice. If u want to work in the finance department or be an accountant then do ACA

[@DN-wv6yp]

CFA

[@lolalolala8138]

Should i do.cfa after completing ACCA??

[@annac625]

I’m a software developer working for an accounting software company. Can my work experience count?

[@extremeforlife8563]

Love this! thank you alot

[@AfzalHussein]

Thanks! :)

[@vikramshinde9649]

what books do you recommend for CFA level 1?

[@swatirawat9783]

Does cfa helpful in getting green card in USA

[@Shazam_575]

Passed CFA Level 1 in December 2019! Any advice for level 2? I plan on doing it in June 2021. I only spent 3 weeks studying about 6-8 hours a day for Level 1 but I don't think I'll get away with that for level 2 or 3. Appreciate any advice you have!

[@justinlee7738]

Hey! I just wanted to know the detail about Level 1. I am an A-Level student and just got accepted into University. I took Business Studies and Maths for my A-Levels while studying Economics and Accounting by myself. How long or how committed do you think I need to put in for the level 1 exam? Is 3 weeks studying about 6-8 hours a day still valid for me? Congratulation on your CFA Level 1!

[@Shazam_575]

@@justinlee7738 Howzit man! I completed my degree last year which specialized in Finance and Accounting so throughout my degree I was indirectly studying for CFA. I'd say that doing it straight out of school will he incredibly difficult because of the finance you cover as well as the financial reporting (accounting). I don't know what work you cover in A Levels as I never did A levels but I'd suggest looking at the content for Level 1 and assess for yourself what work you know and what work you still need to cover. Let me know if there's anything else I can help with 🙏

[@justinlee7738]

@@Shazam_575 Thank you! Good luck on your Level 2 exam!

[@adedoyinadeleke3304]

@Dean Terence, congrats, how did you do it within a short period???I have less than 8 weeks for my level 1 exam, please could you give me some hints on how to go about it. Thanks

[@Shazam_575]

@@adedoyinadeleke3304 Hi, thank you very much! So there aren't any 'hints' that I can give but strategy-wise I would suggest the following: 1. Look at the sections which are weighted the most (if my memory serves me correctly the biggest 2 are Accounting and Ethics) and prioritise those and then work your way 'down' in terms of the weightings of each section. 2. Pick your battles. For me, personally, I struggle with stats but am very comfortable with accounting so in my test I spent more time with the accounting to make sure that I score those marks and then left the stats stuff for the end of the paper because I didn't want to waste time working out answers and then other sections suffer as a result. However, in terms of studying, prioritise the sections you struggle with (keeping their weightings in mind) because you obviously need to all the sections to pass level 1. 3. Make sure ethics is the last section you cover the day before the exam because it is arguably the most important. Best of luck and if there is anything else you need help with then let me know :)

[@HiHi-ek1dd]

Awesome video thanks

[@mohameddawood5884]

Please do a video on CFA vs Masters

[@pankushgoyal7686]

Is there any saturation point in investment banking career as everybody is running towards it?

[@alanv3185]

Can day trading for yourself count towards the work experience? edit: Also, can I deduct the costs to becoming a CFA from my business income?

[@AfzalHussein]

Yes, for sure. Not sure on the second point. Sorry!

[@alanv3185]

@@AfzalHussein Thank you very much!

[@AfzalHussein]

No probs!

[@llClassifiedll]

@@AfzalHussein would being a Financial Analyst for a retail company more so in the logistics part of the company count as relevant work experience? And How could I use this experience to help with CFA? Because I don’t think I’ll be dealing with investments/securities & equities.

[@germanlee8767]

Can you also talk about FRM?

[@shivaniverma9471]

@Cool Finance TV hello, do you a LinkedIn profile where we can talk? I actually have some doubts regarding the same.

[@parbhatkumar7213]

Hey bro can we do cfa after Alevels

[@rohandeo927]

I’m thinking of taking the CFA level 1....Is it like necessary for a CFA student to be good at financial markets? Because I’m trying to learn the markets but right now I’m quite amateur so can you please guide me on this?

[@hubertschulz6005]

Hello i will advice you to contact Mr James for a help he will help you pass your CFA exams he will also give you some question and answers which you will have to study and it will be the same thing you will see on your exam day

[@hubertschulz6005]

text him on whatsap

[@shihabchowdhury2383]

I have a question.. when we can do CFA after BBA or MBA or can we do it after joining a post like junior finance analyst?

[@nikishakukreja2351]

What If the experience is in teaching....and want to do it to upgrade my academic qualifications

[@cosmictunes2410]

If a CA is working in a firm is it enough for CFA experience of 4 years?

[@Shazam_575]

This is my question as well! I asked a friend of mine in audit now and he says that while doing articles you're drafting financial statements which meets the work experience criteria. Please let me know once you find the answer as I've emailed the admin at CFA but haven't got a reply. Diaclaimer: This is just what I heard. In no way am I claiming that what I said above is 100% legitimate.

[@BangBangBo]

Very good video, thank you. Hard to find a good overview video.

[@kevinpark454]

Any requirements needed to do CFA beforehand? Or do you just need a degree?

[@garry-27-x]

Hello sir. Can we have one for ACCA too ?

[@siwellamncedisi9896]

Bro I always here this beat on KZbin videos? Who’s beat is it? Where can I get it?

[@troybernal5085]

CFA vs CPA? Which earns more? Which line of work is more interesting?

[@PlayTAG100]

Is it good for CV to have only CFA 1 to apply for a summer ?

[@dlorit1512]

I graduated in BSc Economics, It is necessary to study CFA to work in wealth and investment sector? Would it be more beneficial in senior years of working?

[@AIF1311]

Hi afzal, brother can plzzz help me out how I can cut down the cost for this degree CFA? Where I should look for it or who do I should ask for ??

[@lapizza7206]

I wonder if working on a PhD in economics would count towards this 4 year requirement?

[@vishalsinghchundawat3264]

So before being a cfa how can one work as analyst , I mean what qualification is needed to work as analyst.

[@grantlmao110]

vishal singh chundawat typically a finance, economics, or accounting bachelors degree

[@vamsilanka2178]

Bcom or mba anything you will be offered as analyst

[@user-cx7te6pl2h]

Great video as always. Would love to see the comparison between Masters and CFA

[@yeshwants2133]

I finished UG 2020 batch is this right time to do CFA?

[@pranitmathur2507]

Afzal is CFA really needed to enter investment banking ?

[@amanbeniwal1576]

Does Retail banking count as 4 year experience?

[@TheTruthFadeswithTime28]

I remember I got pushed a garbage course for the GMAT from another KZbinr; so I hope this is not the same.

[@TheBlackCeaserXIV]

Enrolled for the investment foundations programme with the CFA institute.What I would like to know is,does it give a better insight of how the CFA is structured?

[@wamemasilo7546]

I hope you get your answer

[@TheBlackCeaserXIV]

@@wamemasilo7546 Yes I have found my answer.

[@llClassifiedll]

@@TheBlackCeaserXIV what was the answer?

[@blackviper2082]

CFA Vs masters is a must need

[@RajatKumar-hx7dz]

please make a video on CFA vs MSC FINANCE

[@AfzalHussein]

Added to the list :)

[@TOBIAJOSEJERRY]

Please make a video on how to pass the CFA.

[@kemingyu4266]

Hoping to hear from you about whether it is worth it!

[@AfzalHussein]

:)

[@kemingyu4266]

Hey Afzal, I got a quick question. I'm currently a freshman in engineering at Cambridge (which sucks when looking for jobs). I currently have 3 spring program under my belt (accounting, trading, consulting, tech, no ibd) and I recently received an offer from a very small PE firm in Singapore. I hold 3 leadership position in Cambridge as well and I wish to ask whether the experience in PE will set me apart from others, especially those who have ibd spring weeks (largely because I don't have an ibd spring offer). Also what sort of skills should I look out for in PE that can be mentioned in IBD interviews during my second year. What sort of stuff should I emphasize on my CV next year? Thanks for reading and hope to hear from you soon!

[@omkarpingle690]

Please do more videos on cfa. Thankyou

[@brishjotanand9058]

I can start studying for CFA after my 12th right. Actually I'm doing my 2 year international business diploma from conestoga college in Canada, but thinking of starting studies for CFA. How is this plan, or please advise me something what I can do

[@SpursTalkShow]

Hi Afzal, I worked for 7 years in finance between 2006 ad 2013 as a market maker in the City. I then left to pursue other interests. If I take my CFA and pass have i already achieved my 4 years of service or do you have to have 4 years of service post CFA completion to put CFA after your name? Thanks for your answerin advance

[@asilbek_cfo]

Assalomu aleykum Thank you for introduction to CFA :) I wish you barokat

[@rimaabouassaf5201]

hello ,i have a bachelor in banking and finance do you advice me to continue to get the CFA ? and how many years i need to study to have the CFA certificate? thank you

[@sirm1439]

Is it only limited to Finance undergrads?

[@AfzalHussein]

Nope! Anyone and everyone can study for the CFA.

[@sirm1439]

Does it particularly require you to be exceptional at math?

[@AfzalHussein]

Not necessarily. It requires commitment and dedication given the extremely large amount of content and difficulty of the exams.

[@yassinaboumadina4178]

@@AfzalHussein even a person that has a bank apprenticeship

[@K_drama_lover2805]

Do i have to go in a University too in order to study CFA?

[@MihirChavda-zw6dn]

hello afzal, my qn is how can i get into CFA after completing the ACCA F9 paper which is also equivalent to an advanced diploma? and what exemption can i get by completing ACCA F9 for doing a masters in CFA?

[@alethiaarreola1847]

If I have a business background but not a finance background per sé, would you say it is more difficult to pass the exam? Is CFA just for finance undergrads?

[@gurleen3341]

Hey! I have applied for CFA level 1 scholarship, but I didn't get one and also, I couldn't pass my exam. Now I'm planning to give it again in August 2023, so I wanted to know that, am I eligible to reapply for the scholarship for the same level.

[@amaandatoo6110]

Hey Afzal, I am currently a finance major pursuing my CFA and was wondering what you recommend for a minor? I’m deciding between accounting and economics. Thank you

[@AMANDEEPKAUR-pg8py]

I have a question that can a person do CFA by self study instead of taking classes ?

[@carolinema7386]

I think it would be more useful if you share some tips to get through the exam : )

[@ibrahimali7504]

Hey Afzal, what advice would you give a year 12 student looking for relevant work experience to strengthen their chances of landing a spring week. How would they go about getting a placement?

[@drashtimavani8291]

This is a very off track question but I'm very confused What would you do if you were in a place where one option is doing BCOM from Nm/mithibai + CFA where you get a good exposure and it also benefits your CFA schedule like you can give enough time for CFA while studying BCOM or would you rather go for BFM+ CFA from an little avg college jaha pe getting exposure is very minimum; Is it like when you go for a job; cfa+ bfm would have more preference than bcom+cfa(with few other short term certifiactions)?

[@jimithvarghese3330]

Guys, which course have better pay in the future, CMA , CPA or CFA ?

[@davidphiri9579]

Great video...and so informative! Kindly assist me with the list of modules for each level.

[@adarshkelly5386]

Informative video...❤️bro..can you please tell me the name of intro music 🙏

[@SIVAH318]

How to do cfa in usa

[@adamdyer4911]

Aside from branding and having more knowledge and skill, what kind of positions can one secure if they have a CFA? Obviously an entry level position in investment banking does not require a CFA. Would it be helpful to have this certification if you want to work at an investment boutique? Wealth management? What are the pros and cons (cons being people don’t really care that much if you have one as I know sometimes that attitude towards a MSF is)

[@diluvp9240]

Thanks Afzal, It's so much informative for an IB aspirant like me. I'm an MBA graduate and working in Dubai as an accountant. I really wish to start my career in IB. How do I begin? Which position I need to apply.? Am I qualified ? Please advise me.

[@AfzalHussein]

Hey, thanks. As an MBA graduate you should be looking at experienced hire positions such as Associate and VP roles. You should try and network with people through LinkedIn and company events in order to identify which areas interest and suit you most. Hope that helps :)

[@diluvp9240]

@@AfzalHussein thanks Afzal

[@AfzalHussein]

My pleasure :)

[@appleschoolofknowledge]

Should I go for CFA or aca after acca

[@anoopg23]

Bro, does the work experience mean only in the investment banking / financial market sector OR just any finance function related one..?? I'm currently working on the finance domain in the service industry with around 10 year experience. Will that suffice..?

[@thefalcon7238]

Can 4 years of forex trader do cfa?

[@kodiac4231]

Hi I am currently studying Accounting & Finance and in my second year. Would it be worth me trying to complete CFA Level 1? I am not 100% sure what it is I want to be but I am starting to lean further into investment banking.

[@nethinmanuveljacob]

If I fail in level 2 , should I want to again start from level 1 or level 2 itself.

[@tenetsator9481]

Does a cfa allow jobs in the USA????

[@madhurashukla7734]

I am a masters in financial analysis aspirant. Have gotten admitted to university of San Francisco. A little confused as to whether to do CFA or CPA. Also can I stop at level 2 if opting for CFA?

[@saquibalam7019]

CPA carriers in accounting and taxation. CFA carries in Investment & Finance etc.

[@llClassifiedll]

@Cool Finance TV would the CPA exam possibly be easier if you do CFA first?

[@nancicicade8568]

Hi, thanks for your video. I wanna know the career development. for example how long could one person work in such organizations. And is it common for people to enter the industry when their age is close to /around 30?

[@kieranmckinna768]

Great video again very informative . It would be great if you did CFA vs masters 👍🏻

[@AfzalHussein]

Thanks! There seems to be demand for it! Added to the list :)

[@vincentweatherly9991]

I searched CFA intending for an Australian firefighting authority (Country Firefighting Authority)

[@owais1882]

😂😂😂😂

[@samarthmandviwala8114]

Hii, is there any difference between C.F.A and Masters in Financial Analyst? Please help me out

[@rav3555]

What's more beneficial MBA finance or CFA for a student to get a job at investment bank mainly at front office.

[@AfzalHussein]

Internships during university, followed by CFA followed by an MBA (depending on where you are in your career). People usually go and do an MBA and come back into Associate/VP positions. None are 'required' per se, but having them can help you stand out compared to someone who doesn't have them on their CV. Hope that helps and thanks for watching :)

[@rav3555]

@@AfzalHussein Thanks alot sir

[@tman1500]

Purav Bansal neither. Work on ur networking skills, ur extra curricular, ur communication skills. MBA in finance is doesn’t mean shit unless it’s a top 5 school globally.

[@krishnakumarimani1949]

Hi afzal.. I completed MBA (Finance and Marketing?)3 years back and have only 6 month job experience in accounts executive role.. and the next 2 nd a half years i committed with marriage life being house wife...Because of some health issues and commitments i wasn't able to go job. I dont have the instructor before to know about all these... Could you please enlight me what can i do next to become a Financial Analyst.

[@AnaVitoriaRodriguesLima]

master of finance vs master of financial engineering/computational finance/mathematical finance I consider the master of finance as pretty useless as all you can learn there is definitely learnt in the first year of Analyst if not before. But what's your opinion on masters on financial engineering let's say?

[@shrutitripathi6667]

Can i take admission with third year mark sheet?? or degree is important if I graduated in 2015/16??

[@ThePierretheboss]

The CFA can be passed in 1.5 years, 2.5 y is not the lower limit

[@salahalhammadi4601]

that is only if you start counting from the exam date of level one considering you are starting on December If you take into account the studying then its more like 2 years

[@peppermintperspective]

benefits of doing cfa after acca?

[@mohammadghali78]

So that means i cant take the exam or work for it until i get 4 years work experience

[@ajayupadhyay1832]

I am an Indian Chartered Accountancy student of Intermediate level, Can u guide me how to make a career in Investment Banking, Private Equity, Hedge Fund, MF Manager, Corporate Finance.. or like Premium segments.

[@mitchgarcia5274]

will Financial Modeling and Valuation Analyst (FMVA) type of certification be valuable will it be beneficial before CFA exam?

[@danielshaikhali5108]

mitch garcia yeah definitely but CFA lvl 1 deals with basic financial terms

[@biodunbalogun9613]

Afzal, how about if I want to take the course for knowledge sake without necessarily practicing with the certification??

[@cookneatwithkrishna3835]

Make video on CFA vs MBA

[@dhruveshbasrur6435]

After perusing CFA can we become CEO or CIO of the banking sector or in any sectors