CFA vs CMT

or Register to post new content in the forum

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Sep 14, 2009 3:18 pm

Since hiring on some new staff I have some more free time. I am thinking of getting my CFA or CMT. Not sure which.

I run a long short strategy mostly based on technicals, so the CMT would be helpful in my day to day business.

CFA seems more recognized and may help more in marketing (and my ego wants CFA).

any input?


Sep 14, 2009 3:36 pm

CALI123 - I just failed Level III of the CFA exam (currently under review- you can request a re-grading, although I'm not sure how much hope I should hold out).



CFA is brutal, but can be done if you've got the discipline. I say you go for the CFA. Level I is basic post graduate work. Level II is intense. Be good at math. Very good at math. eman07 may or may not disagree. Level III - know IPS's.



I know very little about the CMT. My guess is that it's pretty challenging. But I personally think the CFA is the most difficult designation to earn.

Sep 14, 2009 3:56 pm
Moraen:

CALI123 - I just failed Level III of the CFA exam (currently under review- you can request a re-grading, although I'm not sure how much hope I should hold out).



CFA is brutal, but can be done if you've got the discipline. I say you go for the CFA. Level I is basic post graduate work. Level II is intense. Be good at math. Very good at math. eman07 may or may not disagree. Level III - know IPS's.



I know very little about the CMT. My guess is that it's pretty challenging. But I personally think the CFA is the most difficult designation to earn.


I agree with most everything said here.  I'm a CFA Charterholder, just recently passing the 3rd exam.  Know that there's no way around it, if you want the CFA charter you'll need to study 250+ hours for each exam.  There's just not a way to get around that.  I probably studied about 200-250 for the first, 325 for the 2nd, and 250 for the third.

I don't think the CMT is in the same class, to be completely honest.  I think the CFA will give you more knowledge and is more recognizable as well.

Sep 14, 2009 4:55 pm

Thanks guys. I passed level I and II about 8 years ago (then I had kids) and never finished. I was told I needed to start from square one again. (hence the ego remark)

Level III looked brutal.  I think I knocked my wife up just so I wouldn't have to take it!

Congrats to passing it. That was a brutal test.



Sep 14, 2009 10:30 pm

Since a discussion has already been started about designations, is anyone familiar with/have/know one who has, the CAIA?

If so, what do you know about it?

Thanks in advance!

Sep 15, 2009 12:14 pm

If you are focusing on alt investment, then you may want a CFA instead. Most of those clients are pretty sophisticated and will know exactly what the CFA is.