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I’ve now been writing about finance careers for almost 20 years, and the topic of the CFA for investmentbanking never seems to die. I first criticized the CFA in a 2009 article , which generated a lot of angry comments. These points go back to the flawed concept of “ investmentbanking certifications.”
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That gave IB Analysts about a year to gain deal experience, learn financialmodeling , and make sure they wanted to do the job. But that timeline crept up over time, slowing down only in “crisis periods,” such as in 2009 (financial crisis aftermath) and 2020 – 2021 (COVID).
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