lets talk about salary expectations

maybe your in the wrong firm. i would find a firm that appreciates the charter and is willing to pay for it.
 
Billy Collins Jr. Wrote:
——————————————————-
> I’ve only passed L2 to-date but am realistically
> expecting 0%. I work in private equity in emerging
> markets. Most of the comments will likely circle
> around “so it that like a tough exam or what?”
What is your background?
 
In this market, I’m not expecting much, aside from a congratulatory pat on the back from my current employer. I’d love to transition into investment research, but the reality is that it’s 100 applicants for every 1 open position, and those without research experience and a Top 10 school on their resume (i.e. me) are on the bottom of the pile.
Truth be told, I’m just grateful to have a job right now. It’s looking pretty grim out there.
 
Haven’t received charter yet, but didn’t get anymore more than a congrats from most after passing LIII. At my shop, the charter is something a large portion of the analysts and managers have so it’s not really a huge deal. They all know how difficult it is to press through all 3 exams, but it is by no means unique here.
 
cfaboston28 Wrote:
——————————————————-
> Billy Collins Jr. Wrote:
> ————————————————–
> —–
> > I’ve only passed L2 to-date but am
> realistically
> > expecting 0%. I work in private equity in
> emerging
> > markets. Most of the comments will likely
> circle
> > around “so it that like a tough exam or what?”
>
>
> What is your background?
I work in Central/Eastern Europe (think Poland, Czech, Bulgaria, etc.). Local+US education.
 
Ako Wrote:
——————————————————-
> maybe your in the wrong firm. i would find a firm
> that appreciates the charter and is willing to pay
> for it.
My firm appreciaties deal generation and execution. CFA contributes meaningfully to neither. Not really surprising, since its primary application is in research/asset management.
 
Billy Collins Jr. Wrote:
——————————————————-
> Ako Wrote:
> ————————————————–
> —–
> > maybe your in the wrong firm. i would find a
> firm
> > that appreciates the charter and is willing to
> pay
> > for it.
>
> My firm appreciaties deal generation and
> execution. CFA contributes meaningfully to
> neither. Not really surprising, since its primary
> application is in research/asset management.
are you going to try to go to a firm that deals more with research/asset management?
 
Ako Wrote:
——————————————————-
> > My firm appreciaties deal generation and
> > execution. CFA contributes meaningfully to
> > neither. Not really surprising, since its
> primary
> > application is in research/asset management.
>
>
> are you going to try to go to a firm that deals
> more with research/asset management?
Nah. Too much work. I prefer asking CEO’s why their margins suck and reading 100-page board presentations.
 
This is a depressing thread.
I’m not expecting an immediate increase in salary, but am confident that it will be extremely beneficial 3-5 years down the road.
 
i’m LIII and still unemployed being a recent graduate. Does this mean when i get a job i’ll miss out on all the automatic remuneration raises?- or should I negotiate this prior to startign? or maybe 1 yr in?
Obviously with little work exp. i’ll get paid entry level $, but theres a huge disparitiy my education and work experience- i’m about to be a fully qualified actuary and candidnate in L3 CFA exam.
 
Am getting lunch – probably deli sandwhiches and coke – in a conference room in my office.
That’s it. No jokes.
 
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