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- Topic: Ph.D vs CFA
| Author | Topic: Ph.D vs CFA |
|---|---|
| bigguns @2017-06-01 14:17:49 |
Sorry guys, I am still thinking about the same issue:
All else qualifications being equal, ceteris paribus, would a Ph.D in Finance/Economics or a CFA carry a heavier weight in the financial community? |
| ready @2017-06-14 07:59:42 |
The PhD route is usually a 5+ year commitment with a dissertation - a major investment in time and energy. In addition, you have the opportunity cost of what you lost in salary during that time. At the end with most major PhD programs, you are highly skilled in research and have an in-depth knowledge of your dissertation topic. A PhD makes you very deep in a finance theory and your dissertation topic, and marketable in academia. Should you have done a dissertation in a high-demand and cutting edge area, you might land a very nice job outside of academia. However, there are hundreds of PhDs in finance out there that work in academia for $75,000 - $125,000 per year. If they could easily make $200,000+, most would go for it. |
| shox @2017-07-08 11:01:34 |
Hello everyone,
For those CFA candidates and charterholders who are aiming at advancing their careers further in the field of finance and quantitative analysis after getting off with CFA I would recomend MS in Financial Engineering( or MS in Quantitative Finance, Financial Mathematics- all are the same thing). If one wants to enter the I-banking industry, I personally believe that this is best available route and after gaining experience you can do a PhD in Fin Engg or Econometrics. I am myself a Level II candidate in Pakistan and aiming for admission in Berkeley, Chicago or MIT ( which I think are the best Financial Engg schools). Best of luck to all and any response & advice is greatly welcomed:) BTW check out this list of Fin Engg schools as well: http://iafe.org/educate/ |
| chris297 @2017-08-02 15:04:55 |
Well investment banking has nothing to do with financial engineering. If you really want to get a job in top investment firm, you should go to get an MBA in top school |
