Professor Elam

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CFA

Tuesday August 30, 2011

This week, well okay most weeks, I will be mentioning the importance of obtaining certifications in your field. This sets you apart from those that do not have them. Case in point, just today page C12 of the Wall Street Journal WSJ, the Certified Financial Analyst designation.

Do not confuse this with the CFP Certified Financial Planner designation. The CFP was created after the attempt to burnish the image of life insurance salesmen with the Certified Life Underwriter pretty much failed. A CFP is a salesman. The ad on page C 12 pretty much promotes the selling but the CFA designation carries considerably more weight than CFP ever will. CFA would be good for banking and investments. 

Have you checked out the list of certifications on the left sidebar?

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One response to “CFA”

  1. Phillip Garcia Avatar
    Phillip Garcia

    I my opinion a college degree is just half the battle to get a good job. I guess a long time ago, a college degree the way to get a job after graduation. I have always wondered why that has changed. I know plumbers, welders, and other technical skills need certification as well, you don’t want some person to work on your house or car without being certified. But why does a college degree need a certification? My best guess is that some college students don’t really learn anything, if you get a C in a course that is consider passing, you can be a C student and still get a college degree. I guess a certification exam is a good way to test what you learned in college and also to see if you can apply that knowledge that you learned in college in the real world

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