Why actuaries hate CFA's ?

I’ve known a couple of very normal cool actuaries (2) and then there are the other ones…
* same shirt guy (wore same shirt every day for 6 months), also dubbed “Twitchy”
* pick nose in meetings guy
* bowl cut hair No Country for Old Men meets the Ramones silent guy (scary)
* Powerpoint disaster guy (always late for meeting, presents 4pt font slide deck filled with confusing 3-dimensional charts nobody can understand, talks in mumble-speak)
* no communication drool girl
…etc.
 
monger187 Wrote:
——————————————————-
> IheartMath Wrote:
> ————————————————–
> —–
> > monger187,
> >
> > not when each individual exam requires the same
> > amount of studying and quantity of formulas,
> > facts, relationships, and nuances to
> remember…..
> > and there are more actuarial exams…..
>
>
> True, if each exam is of equal difficulty, then
> obviously more = harder.
Disagree. If each exam is the same difficulty, with a fixed body of a required knowledge over the span of the certification, than less = harder. But I suppose this depends on your definition of ‘difficulty.’
What if all the CFA curriculum was tested in one exam. Same body of knowledge, but levels 1, 2, and 3 down into one exam. That exam would be much harder than it is as 3 split up exams now.
What if the CFA curriculum stayed the same and you had 5 levels. Yes, you would probably spend more time studying overall, but each test would cover less material, enabling you to be more prepared and look at said material in further depth.
 
purealpha Wrote:
——————————————————-
> * no communication drool girl
Pics or she doesn’t exist
 
Mr. Pink,
Like I said, if each exam is of equal difficulty you certainly can say that more exams is harder: passing Levels 1, 2, and 3 is obviously harder than passing just Level 1. Fewer exams covering same total material would be more difficult.
 
Ha, dood she was a trip.
A huge sedentary creature, only heard her talk once, boring logical communication of the emotionless facts involving no facial movements…then back to her desk for six months of silence.
 
Actuarial exams are much more specific, CFA is a broad designation. Which one is more difficult isn’t really the point, it is what you want to do with it.
I’m still pissed you need to go to law school to take the bar:).
 
purealpha Wrote:
——————————————————-
> I’ve known a couple of very normal cool actuaries
> (2) and then there are the other ones…
>
> * same shirt guy (wore same shirt every day for 6
> months), also dubbed “Twitchy”
> * pick nose in meetings guy
> * bowl cut hair No Country for Old Men meets the
> Ramones silent guy (scary)
> * Powerpoint disaster guy (always late for
> meeting, presents 4pt font slide deck filled with
> confusing 3-dimensional charts nobody can
> understand, talks in mumble-speak)
> * no communication drool girl
>
> …etc.
lol
 
Mr. Pink Wrote:
——————————————————-
> monger187 Wrote:
> ————————————————–
> —–
> > IheartMath Wrote:
> >
> ————————————————–
>
> > —–
> > > monger187,
> > >
> > > not when each individual exam requires the
> same
> > > amount of studying and quantity of formulas,
> > > facts, relationships, and nuances to
> > remember…..
> > > and there are more actuarial exams…..
> >
> >
> > True, if each exam is of equal difficulty, then
> > obviously more = harder.
>
> Disagree. If each exam is the same difficulty,
> with a fixed body of a required knowledge over the
> span of the certification, than less = harder.
> But I suppose this depends on your definition of
> ‘difficulty.’
>
> What if all the CFA curriculum was tested in one
> exam. Same body of knowledge, but levels 1, 2,
> and 3 down into one exam. That exam would be much
> harder than it is as 3 split up exams now.
>
> What if the CFA curriculum stayed the same and you
> had 5 levels. Yes, you would probably spend more
> time studying overall, but each test would cover
> less material, enabling you to be more prepared
> and look at said material in further depth.
It is not the same fixed body of required knowledge. Not even close. When I took the actuarial exams, there were even more then 10 exams. A four hour actuarial exam (I took several of these) had a lot more material to study then the 6 hour CFA exam.
It really doesn’t matter but the actuarial exams are harder. It is a fact. It doesn’t mean that actuaries are smarter than CFA Charterholders. There is so much more to the learning curve in someone’s career outside professional designations.
 
iheartiheartmath Wrote:
——————————————————-
> purealpha Wrote:
> ————————————————–
> —–
> > * no communication drool girl
>
> Pics or she doesn’t exist
Well, he’s back.
 
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