Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > Other Topics > Business, Finance, and Investing
FAQ Community Calendar Today's Posts Search

Reply
 
Thread Tools Display Modes
  #1  
Old 09-28-2007, 05:43 PM
Foghatlive Foghatlive is offline
Senior Member
 
Join Date: Oct 2005
Location: Manhattan
Posts: 482
Default Re: Ask me about the CFA program

[ QUOTE ]
[ QUOTE ]
Are there any opportunities available on Wall St. for a guy pushing 40?

[/ QUOTE ]
I'm really not the right guy to ask. I don't know much about real estate management or what you were doing, I don't know what you'd be interested in doing, I live in Chicago and I'm 27. Sorry. I'd give more detail about what you want to do and how much you expect to make and then hope someone other than me sees your post.

[/ QUOTE ]

No worries.

I'm an office mgr for a group of co-ops in Manhattan. I don't think anything I'm doing would transfer to a Wall St. career.

However, because of where I work, I know a lot of people who might be able to help. One of them said I could do research.

As far as pay, I have a pretty decent bankroll and manageable expenses. So, I could afford to take a salary hit for a year or two.
Reply With Quote
  #2  
Old 11-08-2007, 01:46 PM
Orlando Salazar Orlando Salazar is offline
Senior Member
 
Join Date: Nov 2006
Location: DUCY
Posts: 1,353
Default Re: Ask me about the CFA program

[ QUOTE ]
[ QUOTE ]
Are there any opportunities available on Wall St. for a guy pushing 40?

[/ QUOTE ]
If u are VERY charismatic and just got an MBA, sure. U'll be in sales (whether iBanking or real sales, your job won't be very anylytical unless u want to trade and have big time math background)
Reply With Quote
  #3  
Old 09-28-2007, 05:35 PM
DcifrThs DcifrThs is offline
Senior Member
 
Join Date: Aug 2003
Location: Spewin them chips
Posts: 10,115
Default Re: Ask me about the CFA program

i have an MBA and am fine w/ the maths etc., but what is the deal with having to get somebody to sponsor you?

i have a few people in mind but am curious as to how that works.

also, i looked at the paperwork and it seems pretty intensive.

i'm sure i'm going to be in the investment analysis profession for a good long time.

Barron
Reply With Quote
  #4  
Old 09-29-2007, 04:49 PM
kevkev60614 kevkev60614 is offline
Senior Member
 
Join Date: Jul 2005
Posts: 1,126
Default Re: Ask me about the CFA program

[ QUOTE ]
i have an MBA and am fine w/ the maths etc., but what is the deal with having to get somebody to sponsor you?

[/ QUOTE ]
I could be wrong, but I'd thought that you can receive your CFA charter without sponsorship. It's when you try to join a member society, the CFA Society of Chicago for instance, that sponsorship is required.

I'm not really sure why that's a requirement. I didn't really think about it because my old boss sponsored me and it required almost no effort on his part.

I don't have a lot of time this weekend so I'll hit most of the replies on Monday.
Reply With Quote
  #5  
Old 09-29-2007, 06:10 PM
Phone Booth Phone Booth is offline
Senior Member
 
Join Date: Aug 2006
Posts: 241
Default Re: Ask me about the CFA program

[ QUOTE ]
[ QUOTE ]
i have an MBA and am fine w/ the maths etc., but what is the deal with having to get somebody to sponsor you?

[/ QUOTE ]
I could be wrong, but I'd thought that you can receive your CFA charter without sponsorship. It's when you try to join a member society, the CFA Society of Chicago for instance, that sponsorship is required.

I'm not really sure why that's a requirement. I didn't really think about it because my old boss sponsored me and it required almost no effort on his part.

I don't have a lot of time this weekend so I'll hit most of the replies on Monday.

[/ QUOTE ]

Dang, am I the only actual charterholder here? [img]/images/graemlins/wink.gif[/img]

And yes you do need sponsorship - it's for joining the member society but you're required to join in order to receive the charter (but you're not required to stay a member).
Reply With Quote
  #6  
Old 09-30-2007, 08:03 PM
DcifrThs DcifrThs is offline
Senior Member
 
Join Date: Aug 2003
Location: Spewin them chips
Posts: 10,115
Default Re: Ask me about the CFA program

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
i have an MBA and am fine w/ the maths etc., but what is the deal with having to get somebody to sponsor you?

[/ QUOTE ]
I could be wrong, but I'd thought that you can receive your CFA charter without sponsorship. It's when you try to join a member society, the CFA Society of Chicago for instance, that sponsorship is required.

I'm not really sure why that's a requirement. I didn't really think about it because my old boss sponsored me and it required almost no effort on his part.

I don't have a lot of time this weekend so I'll hit most of the replies on Monday.

[/ QUOTE ]

Dang, am I the only actual charterholder here? [img]/images/graemlins/wink.gif[/img]

And yes you do need sponsorship - it's for joining the member society but you're required to join in order to receive the charter (but you're not required to stay a member).

[/ QUOTE ]

how does the sponsorship thing work? do i just call my friend and say "hey, sponsor me?"

what does he have to do (obv hed' know lol)

Barron
Reply With Quote
  #7  
Old 10-01-2007, 07:18 AM
quant_trader quant_trader is offline
Member
 
Join Date: Jul 2007
Posts: 31
Default Re: Ask me about the CFA program

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
i have an MBA and am fine w/ the maths etc., but what is the deal with having to get somebody to sponsor you?

[/ QUOTE ]
I could be wrong, but I'd thought that you can receive your CFA charter without sponsorship. It's when you try to join a member society, the CFA Society of Chicago for instance, that sponsorship is required.

I'm not really sure why that's a requirement. I didn't really think about it because my old boss sponsored me and it required almost no effort on his part.

I don't have a lot of time this weekend so I'll hit most of the replies on Monday.

[/ QUOTE ]

Dang, am I the only actual charterholder here? [img]/images/graemlins/wink.gif[/img]

And yes you do need sponsorship - it's for joining the member society but you're required to join in order to receive the charter (but you're not required to stay a member).

[/ QUOTE ]

how does the sponsorship thing work? do i just call my friend and say "hey, sponsor me?"

what does he have to do (obv hed' know lol)

Barron

[/ QUOTE ]

Barron, you don't need sponsorship until you apply for membership. You don't need to be a member to sign up for the CFA program, unless your local society has lots of good events for you to go to. I can sponsor you, but not sure you want to join the L.A. society. NYSSA is packed with events, let me know if you have a difficult time finding somebody from NYSSA. And all the sponsor has to do is fill out a form, takes no more than 30s.
Reply With Quote
  #8  
Old 10-01-2007, 09:33 AM
Phone Booth Phone Booth is offline
Senior Member
 
Join Date: Aug 2006
Posts: 241
Default Re: Ask me about the CFA program

[ QUOTE ]
how does the sponsorship thing work? do i just call my friend and say "hey, sponsor me?"

what does he have to do (obv hed' know lol)

Barron

[/ QUOTE ]

You need two sponsors, one of whom has to be your current supervisor (he does not have to be affiliated with the CFA Institute) and the other has to be a member, I believe, of the local society you're applying to. All they have to do is pretty much fill out a short form, most of which amount to basically saying that you didn't lie and probably won't cause a lot of trouble in the future or something like that. This can be done after you pass all three exams.
Reply With Quote
  #9  
Old 09-29-2007, 06:16 PM
Phone Booth Phone Booth is offline
Senior Member
 
Join Date: Aug 2006
Posts: 241
Default Re: Ask me about the CFA program

[ QUOTE ]
i have an MBA and am fine w/ the maths etc., but what is the deal with having to get somebody to sponsor you?

i have a few people in mind but am curious as to how that works.

also, i looked at the paperwork and it seems pretty intensive.

i'm sure i'm going to be in the investment analysis profession for a good long time.

Barron

[/ QUOTE ]

I don't see much downside for someone who's planning on being investment management/analysis indefinitely since there isn't much material that you shouldn't know anyway. Once you understand the basics and nomenclature, most of the rest is applying logic and common sense.
Reply With Quote
  #10  
Old 09-29-2007, 07:13 PM
edtost edtost is offline
Senior Member
 
Join Date: Feb 2004
Posts: 2,971
Default Re: Ask me about the CFA program

[ QUOTE ]
[ QUOTE ]
i have an MBA and am fine w/ the maths etc., but what is the deal with having to get somebody to sponsor you?

i have a few people in mind but am curious as to how that works.

also, i looked at the paperwork and it seems pretty intensive.

i'm sure i'm going to be in the investment analysis profession for a good long time.

Barron

[/ QUOTE ]

I don't see much downside for someone who's planning on being investment management/analysis indefinitely since there isn't much material that you shouldn't know anyway. Once you understand the basics and nomenclature, most of the rest is applying logic and common sense.

[/ QUOTE ]

how much work would learning the required accounting material for the exams be for someone with absolutely no exposure to any accounting in the past?
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 01:28 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.