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The CFA for Investment Banking: Do the New Changes Make It Worthwhile?

Mergers and Inquisitions

I’ve now been writing about finance careers for almost 20 years, and the topic of the CFA for investment banking never seems to die. I first criticized the CFA in a 2009 article , which generated a lot of angry comments. But earlier in 2023, the CFA Institute announced the biggest changes to the program since it started.

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Corporate Finance Jobs: Cozy Careers, But Bad “Plan B” Options

Mergers and Inquisitions

Depending on your group , you’ll spend time on tasks such as creating 5-year plans, conducting variance analysis, making sure transactions are properly recorded, reconciling the historical financial statements, and managing the company’s cash, cash flow, and borrowing needs. What Are Corporate Finance Jobs?

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The Path to Success: How to Become an Investment Banker

OfficeHours

Investment banking hiring managers are looking for students who have high GPAs for what they signal about the candidate. A high GPA can be seen as evidence of work ethic, discipline, and the ability to manage time effectively. Maybe even more important than your major is your GPA.

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Single-Manager Hedge Funds: The Best Way to Get a Recurring Guest Spot on CNBC?

Mergers and Inquisitions

If you think about the most “public” investors – the likes of Bill Ackman and David Einhorn – many of them have something in common: they operate single-manager hedge funds. This setup creates many differences with multi-manager (MM) hedge funds , from investment styles to recruiting and careers.

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07-11-2023 Newsletter: Diversity Events at Megafunds Have Started…

OfficeHours

If you can really nail valuation questions but struggle with regulatory questions, make sure you can get all the valuation questions right to maximize your points there. Note that these tests are different from other ones you may have heard about like the Chartered Financial Analyst (CFA) exams, which are offered by the CFA Institute.

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How to Prepare for Series Exams

OfficeHours

Note that these tests are different from other ones you may have heard about like the Chartered Financial Analyst (CFA) exams, which are offered by the CFA Institute. Develop a study plan that includes specific goals of what content you want to cover and when and break down all of the topics on each test into manageable chunks.

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2023 Fourth Quarter Review & Commentary

FineMark

Recall our CTA managers are bi-directional and generally focus on recent trends, so reversals can prove costly. FIGURE 3 Source: Strategas Securities LLC Another key factor in future equity market performance is valuation. Today, at approximately 22 times earnings, the S&P is on the upper boundary of this valuation spectrum.

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