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The CFA: What Is It and How Important Is It For a Career in Investment Banking?
Wondering whether you should get the CFA qualification for your career in investment banking?
Competition in the investment banking industry is becoming more and more competitive as time goes on.
Across all levels within the industry too.
Beyond simply bachelor’s degrees, advanced qualifications such as the CFA (Chartered Financial Analyst) are becoming more and more common, especially at the higher ranks in an investment bank, such as at the vice president and director levels.
However, it’s also well known that an undergraduate or bachelor’s degree is all you need to be able to break into a career in investment banking.
This leads to many people asking the question: how important is the CFA really for a career in investment banking?
In this article, I’ll be breaking down what the CFA qualification is, how you can get it, why it’s important to have for a successful career in investment banking, and who should get it.
Let’s begin.
What is the CFA?
The globally recognized CFA designation, offered by the CFA Institute, is a a qualification that acts as testament to a working professional’s…