CFA vs phd in terms of difficulty?

They’re also different career paths. PhDs generally lead to academia, government jobs, or quant funds. If you want to wind up in one of those fields, more power to you.
 
Yeah, I still strongly disagree with people saying MBA’s, MA’s, etc are more prestigious than a CFA charter. Unless you have a top tier MBA from Harvard, Wharton or the like, the CFA will get you more attention hands down. I live in the Northeast U.S., and everyone and their brother has a Master’s degree here. There is no differentiation, it’s the standard. A CFA is not standard, although the charter is now becoming a focus of many people since just the MBA or equivalent doesn’t stand out anymore.
 
yes, and its become a CFA > MBA argument again.
The question was something along the lines of, “How does the workload of PHD compare to a CFA Charter.”
 
Yeah it never stays on topic, but then again a better question may be what are you planning on doing? A PhD holder prob has no need for a CFA charter other than to cushion their resume. Workloads, I have no idea as I did an MBA, not PhD. I would imagine PhD is a lot more work. Grad school isn’t very difficult, you just show up and do the work and you get the degree. Oh yeah, and pay a shit load of money too….
 
most ppl i know think the CFA is pretty basic…..MBA is different from a MA academic fields…
 
FrankArabia wrote:most ppl i know think the CFA is pretty basic…..MBA is different from a MA academic fields…
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Well, there are a lot more MBA’s than CFA charterholders out there. Supply and demand argument takes it from there. Think about how many MBA’s are churned out of business schools now. I’m not trying to knock MBA’s, I have one myself. I’m just saying they aren’t as exclusive as a CFA charter. Whether or not you think a CFA is ‘basic’, that’s your own opinion. Let’s be honest, an MBA is not difficult to obtain. People don’t pay tens of thousands of dollars to get denied or fail out of b-school. No one would go if that were the case.
 
i never said anything about an MBA…i think MBAs are a waste of money…i’m talking about Masters….an MBA is the CFA for networking……
 
An MBA is a Master’s degree. What do you think the “M” stands for?
 
I think he means that only academic masters’ have any weight, because only academic study is real study. The rest is just “networking,” which “everyone” knows doesn’t have any value.
Of course, he also points out that academic knowledge is useless for investing.
So, putting those two together, clearly, a masters degree only has value if it is, in fact, valueless. At least for investing.
Please pass the joint. I want summa dat. v=.~
 
Just cause its useless for investing doesn’t mean its useless in life…..and I was being a bit harsh, its not “useless”, just not very useful for my style…i’m sure there are tons of ppl out there that have applied academic theories and done well in investing….but I can’t name any except those guys at LTCM….
academia teaches you how to think and how to interpret the world around you…it sets a framework for you to build on….its unfortunate though that lots of PHDs don’t ever end up doing that…they just end up being nerds….
 
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