CFA Level I and II 2015 Exam Results Are Out!

The Chartered Financial Analyst (CFA) Program Level I and II exam results were released last June 28.

What makes the announcement of the results so special? Google “hardest exam in the world” and the CFA exams will come up on top of the results (see here).

 

CFA Level I and II  2015  Exam Results Announced on Twitter
CFA Level I and II 2015 exam results announced on Twitter. Image from CFA Institute official twitter account

 

So, what were the passing rates for the two levels of “hardest exam in the world” (as indexed by Google)  for 2015?

Continue reading CFA Level I and II 2015 Exam Results Are Out!

Do You Have What it Takes to Become an Equity Analyst? You Have to be Persuasive

In this post, I’ll show a job listing for an equity analyst position from a Philippine based stockbrokerage firm, and let’s see what traits the company is looking for.

Because I’ve passed all three levels of the Chartered Financial Analyst (CFA) exams, I would normally get emails regarding job opportunities in investment.

Here is a job listing for an equity analyst position at the stockbrokerage unit of a Philippines based bank. This is what they’re looking for in an applicant:

requirements for an equity analyst  position
Do you have what it takes? Requirements for an equity analyst job at a stock brokerage firm Philippines. Image captured from job listing email.

 

I think I have what they are looking for. I enjoy working as a doctor though. What caught my eye in the list is the requirement for being “persuasive”.

I always thought that if you’re an equity analyst, your work should speak for itself. I didn’t know that part of the job is to also “convince” people.

Here is an interesting excerpt from the book How to Get an Equity Research Analyst Job: A Guide to Starting a Career in Asset Management by Gillian D. Elcock – available at Amazon

 

“Conviction is very important when you are an analyst. You can’t be lukewarm about your stock. You can’t give up on your idea the moment someone presents you with a different opinion about the company…

In fact, as an analyst, you often have to persuade your fund managers to buy your stocks, to convince them that this is the right thing to do… Why should they risk their client’s money and their careers if you don’t even have the conviction to stand behind your own stock recommendation?”

Ok, I am convinced. The author really knows how to persuade.

 

– Finance MD

thefinancemd.com