Every finance guy I know has penis envy for us accountants. Finance guys are poor mans accountants.
Every finance guy I know has penis envy for us accountants. Finance guys are poor mans accountants.
ROFL, that's what accountants say when guys on the street bring in bonus' 5-10x as much as a CPA partner. Penis size matters not when you are too poor to buy a chick a drink. Besides, my wife doesn't think I have a small wang.
Counting money is definitely not as good as raising it or making it. Any moron can count it.
CFA is probably one of the hardest exams that a large number of people take.
Originally posted by: Oscar1613
the FE is mind rapebut no matter how bad you do, as long as you're in the top 20% of the scores during that session, you pass
I didn't think the FE was that bad. Its not uncommon for schools with decent engineering programs to have 90%+ pass rates..and most people don't really study that much for it..the morning session just tested mostly the basics of the first couple of years..the afternoon session of which I took the EE part, was a little harder, but I was also getting exhausted
Wow, what a pissing match this has turned out to be for the money folk.
In my opinion, having looked at both the CPA and CFA exams (and having passed the CPA exam) the CFA exam is definitely more rigorous, and it's less forgiving. That's not to say that the CPA exam isn't difficult (it definitely is!), it's just structured to allow greater forgiveness for failing a particular section or two.
As for the pissing match between the two professions, have fun with your 90 hour workweek, finance folk. I'll take my salary and my 50 hour workweek any day.
In my opinion, having looked at both the CPA and CFA exams (and having passed the CPA exam) the CFA exam is definitely more rigorous, and it's less forgiving. That's not to say that the CPA exam isn't difficult (it definitely is!), it's just structured to allow greater forgiveness for failing a particular section or two.
As for the pissing match between the two professions, have fun with your 90 hour workweek, finance folk. I'll take my salary and my 50 hour workweek any day.
I'm gonna go ahead and say the toughest exam is getting board certified in a surgical specialty. The process takes a couple years and involves written, oral, and clinical portions. Of course you cannot qualify for this exam until you have gone through college, the MCATs, medical school, the 3 written medical licensure exams (USMLE), followed by 3-7 years of residency and fellowships. Perhaps the exam itself may not be the most difficult thing you have ever done, but surely the process of getting there is tough.
Funny, I work 50 hours for a pretty dang good amount of money with 3 years of experience and I am a CFA charterholder. Now, if I went to the street I would be working 90 hours, but then I'd also be making 250-300k, with massive increases. 90 hours sucks, but it brings in a crap-ton of cash.
I was referring to the Wall Street folk. Congrats on the CFA, that's a mark of distinction anywhere you go in the financial services profession.
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