CPA and CFA good together?

I’ll agree with you highparkCFA that I don’t understand how people fail CPA exams when you can tailor the timing/order to your schedule. As with the CFA, it is all about prep time.
If it is all about the top 10 MBA, does anyone think having a CPA or CFA will help in the admissions process into these programs?
 
I run a fund of funds and although some of the managers have it here and there, it peaks up in more of the altenative areas: global real estate. I do not work for RBC, I work for a small alternative shop in the Western GTA.
Willy
 
I think that moving forward, I might want to earn my CPA designation. I have my CFA but I think that for some of the larger Corp., finance jobs the CPA is a good thing to have and given my lack of a Canadian CA, the CPA is a great option.
Willy
 
kevinf12 Wrote:
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> If you want to pass CPA I would use Becker Review
> (I did)…it is solid and you will pass.
highparkcfa Wrote:
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> Used the combo of Kaplan CPA Review and CPAexcel.
thanks guys, I’m not taking the CPA yet but I’m not sure with review guides to use. The most popular are kaplan and becker, right? What are the major differences between the two?
Do any of you or the others have prior accounting experience? I’m probably going to take the exam but not have the accounting experience that counts.
 
Becker Review… Peter Olinto is my hero.
 
CPA and CFA are a great combination and complement each other for they are both the top designations in their respective industries. The CPA gives you the understanding of what goes into the number crunching process that the financial analysts look at. The CPA will help you on the FSA portion of the exam, so any CPAs taking the CFA will have a head start in this area. I’m working on both (I’m already a CPA) as well and from everyone I talk to, its very valuable to have both.
 
My first car was a Toyota Corolla, now 8 years later, I am driving Porsche Carrera (a 996 model if you are into Porsche).
To me, a CPA reminds me of the Corolla while a CFA is the Carrera. The Corolla is long gone. I don’t even want to be seen having a Corolla parked next to the Carrera on my driveway.
Alpha Seeker, CFA
 
my earlier response from more from my own personal interests (buy side). clearly for something like investment bkg corp fin, the combo is great. even for wealth mgmt. but if you’re looking to be a buy side analyst or PM, i’m not sure what it would really add to your ability to read the markets and economy better. hmm…maybe for FSA in bottom up ER, i suppose.
 
edmund_lord Wrote:
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> The insurance licensing process is very rigorous
Don’t laugh…I failed a state insurance exam yet passed CFA L1 (and the CFP - didn’t seem as easy to me as others might say, okay…now let me have it).
 
“My first car was a Toyota Corolla, now 8 years later, I am driving Porsche Carrera (a 996 model if you are into Porsche).
To me, a CPA reminds me of the Corolla while a CFA is the Carrera. The Corolla is long gone. I don’t even want to be seen having a Corolla parked next to the Carrera on my driveway.
Alpha Seeker, CFA”
pfffffffff….yeah right AS.
Willy
 
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