View Full Version : CFA vs Accountants ( CGA, CMA, CA)
redg2
Jun 27th, 2007, 09:21 PM
Hi I was hoping someone could tell me what are the similarities between Financial Analysts and CGA/CMA/CA....
Like if someone could list some major similarities of their jobs, and the major differences, id be really thankful.
Thank you in advance
p.s: Would u consider a CFA to be quite similar to any of the accountants(CGA, CA, CMA) out there.
timbball
Jun 27th, 2007, 10:34 PM
CFA is really different from the accounting designations. Its curriculum covers from economics to portfolio management and its accounting section basically teaches you how to gauge the economic reality of a firm.
The accounting designations I think are more concerned with how to comply with GAAP in preparation of financial statements and to make the company's financials look good, though some do deal with financial analysis of the firm.
ggs
Jun 28th, 2007, 10:04 AM
Investment Banking is the route for you if you go CFA
AxelF
Jun 28th, 2007, 11:16 PM
Investment Banking is the route for you if you go CFA
CFA is worth dogsh*t for investment banking.
Smoove
Jun 29th, 2007, 12:09 PM
Investment Banking is the route for you if you go CFA
Correct me if i'm wrong, but isn't the CFA geared towards portfolio management?
commie
Jun 29th, 2007, 01:31 PM
Correct me if i'm wrong, but isn't the CFA geared towards portfolio management?
What does CFA stand for? Chartered Financial Analyst...
so starting with financial analysing would be a good start as to what its geared towards....then start towards the research department and its getting closer.
Psychopath
Jul 1st, 2007, 03:10 AM
CFA is worth dogsh*t for investment banking.
That's funny... I have a CFA and im in investment banking :confused:
xsighted
Jul 7th, 2007, 12:44 AM
simply put ... accountants work with the history, cfa's shape the future.
xsighted
Jul 7th, 2007, 12:49 AM
Correct me if i'm wrong, but isn't the CFA geared towards portfolio management?
mostly portfolio management, reseach, and valuation ... so .. Investment Banking aspirants would benefit from what they learn here ... however ... most investment banks dont require it .. it's a nice to have .. not a requirement ... they'd rather have a solid salesperson than a nerd ..
smartcdn
Jul 7th, 2007, 01:19 PM
both are as useful as the job you'll get.
that is, both are useless if you're unemployed with them
ibanker
Jul 7th, 2007, 01:24 PM
comparing cfa to ca is liek comparing a physicist to a chemist. theyre not even the same subject.
finance, accounting, economics, marketing are all different.