CFA, CPA, CFP, and MBA Explained

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  • Опубликовано: 1 дек 2024

Комментарии • 148

  • @danielsalem8851
    @danielsalem8851 5 лет назад +70

    This channel is an invaluable resource. My college advisors aren’t as helpful as you! Keep up the great work!

  • @showmicr
    @showmicr 6 лет назад +55

    Concise, informative and zero bullshit.
    Loved your videos.

  • @bcnicholas123
    @bcnicholas123 4 года назад +61

    My company is paying for 100% of my MBA and my CPA so I’m definitely taking advantage of both

    • @eligray-roedel144
      @eligray-roedel144 4 года назад +4

      Very smart, there you go! Happy for you!

    • @jesuspavon6372
      @jesuspavon6372 3 года назад +2

      What company do you work for?

    • @bcnicholas123
      @bcnicholas123 3 года назад +6

      @@jesuspavon6372 Berkshire Hathaway

    • @leelarawat2450
      @leelarawat2450 3 года назад +2

      What did you do in your bachelor's? How did you get into Berkshire? Whats your current role like there?

    • @alirezajabbari1263
      @alirezajabbari1263 Год назад

      Lucky to you! I really need this/.

  • @abbykimz
    @abbykimz 5 лет назад +30

    I have my MBA with a concentration in Finance and did the FMVA and never had a problem getting a financial analyst job. I’m currently working on my PMP to become a financial project manager.

    • @aharonaryeh4049
      @aharonaryeh4049 4 года назад

      I’m an MBA student atm at a pretty decent school. I’m having an issue breaking in.
      Which school did you go to?

    • @seb6226
      @seb6226 4 года назад

      @@aharonaryeh4049 Is it ok if I ask where u r going in a private message? I looking at these schools for finance/healthcare: uni of rochester, wil& mary, nc state poole :
      i'm applying rn i know better work experience but i just graduated in jan 2020 . ikno rank matters but i dont think it matters as much as law school but it is still is fairly important.

    • @YoungRiffaka00TV
      @YoungRiffaka00TV 4 года назад

      Did you get the FMVA through cfi?

    • @kizarumelon2477
      @kizarumelon2477 4 года назад

      Fuck that

    • @keithmorgan1170
      @keithmorgan1170 3 года назад

      nobody gives a shit

  • @thebabygiraffebusiness4486
    @thebabygiraffebusiness4486 6 лет назад +75

    I needed to hear this! Thanks. I’m about to graduate with my undergrad in finance this December.

  • @Bronsonshow
    @Bronsonshow Год назад +2

    Great video! I am a CFP®. You mentioned the registration fee but you didn’t include the cost of the educational courses. Also, after you pass, you have to pay to get your actual certification.

    • @salman.salu11
      @salman.salu11 5 месяцев назад

      How much do you have to pay to get the certificate?

    • @Bronsonshow
      @Bronsonshow 5 месяцев назад

      @@salman.salu11 The education cost depends on who you use for your coursework. There are different providers like Dalton, College for Financial Planning, Brett Danko, etc.. After you earn a college degree, complete the CFP® coursework, pass the exam, pass the background check , and agree to code of conduct, and get approved , you pay a fee of approximately $455 to make it official. The fee is due annually to stay current along with continuing education. To be able to use the marks, you also have to have a minimum amount of experience in the industry

  • @LagartaGCB
    @LagartaGCB 6 лет назад +111

    Fun fact: 4 out of 5 CFA candidates who start the CFA program never receive the CFA charter.

    • @thefinancemajor.
      @thefinancemajor.  5 лет назад +39

      It's a very difficult exam and requires a ton of consistent studying. Consistency is key here.

    • @CA143ABHI
      @CA143ABHI 5 лет назад +8

      Means 20 percent result. Its very good result percentage.

    • @tonywatson5704
      @tonywatson5704 5 лет назад +1

      It takes an average 5 years for candidates to make it thru all 3 levels.

    • @racyrainbow
      @racyrainbow 5 лет назад +28

      How is this fact fun???

    • @harsh4800
      @harsh4800 5 лет назад +6

      Bro cfa is nothing in front of Indian CA only 5 people pass out of every 100 people in Indian CA

  • @db417
    @db417 4 года назад +14

    You have got to be kidding. I have never known a single person who honestly passed the CPA exam all parts with 400 hours of studying. It takes double that.

  • @princesspalqisa2423
    @princesspalqisa2423 2 года назад +1

    I am new in here I wish to get more benifiting information in this channel, I am from Somalia 🇸🇴🇸🇴🇸🇴 thanks alot

  • @redraidermathias5439
    @redraidermathias5439 5 лет назад +7

    I wish I had heard all this years ago when I was an undergrad...

    • @thefinancemajor.
      @thefinancemajor.  5 лет назад +7

      Same! I'm trying to get certain information to finance majors before it's too late.

    • @pinoee5734
      @pinoee5734 4 года назад

      redraidermathias wouldn’t have made a difference cause you’re a dumbass

    • @IncredibleIceCastle
      @IncredibleIceCastle 4 года назад +2

      PinoEE you are very kind sir thank you for your input

  • @olegnurmagomedov750
    @olegnurmagomedov750 6 лет назад +9

    I really needed this , Thanks a lot friend!

  • @bikenraider99
    @bikenraider99 5 лет назад

    Well done. This sums up what Inhave researched for two of the programs. Very informative.

  • @LEK-0525
    @LEK-0525 5 лет назад +7

    I was so stupid... How could I reach the thought that I would study and take CFA exam at the same time while taking the semester?!! Even I didnt study and open the books at all..

    • @Havnuut
      @Havnuut 4 года назад

      혹시 땄나요

  • @hashtagstrollerdad9817
    @hashtagstrollerdad9817 4 года назад +1

    Great video. I forgot about the value of networking within the MBA program.

  • @zohairfazeli7326
    @zohairfazeli7326 5 лет назад

    I UR CHANNEL IS THE BEST PLEASE CONTINUE, SHARE UR INFORMATION MORE AS POSSIBLE

  • @connorvincent3672
    @connorvincent3672 4 года назад

    Great video. Thank you so much for putting this out!

  • @mohamedsajjad2837
    @mohamedsajjad2837 5 лет назад +4

    I have done ACCA. I work as an accountant but I don’t know whether I should move out from accounting and pursue in investment finance career.

    • @Black182heart
      @Black182heart 5 лет назад +2

      I finished level 2 of acca papers. But then I released I was more interested in finance and investments rather than accounting and auditing. I don't if I made a right or wrong decision. But I didn't want to regret doing what I felt I wasn't interested in. So I prepared for CFA.

    • @mohamedsajjad2837
      @mohamedsajjad2837 5 лет назад

      Black182heart and have you completed CFA ?

    • @kiraneinesselma9710
      @kiraneinesselma9710 4 года назад

      Mr. Mo salary ...

    • @mohamedsajjad2837
      @mohamedsajjad2837 4 года назад

      KIRANE Inès Selma annual income approx 50k dollars

    • @kiraneinesselma9710
      @kiraneinesselma9710 4 года назад

      Mr. Mo depends on your performance and bonuses though

  • @gargapurv
    @gargapurv 6 лет назад +5

    I liked your video. I have a request. I am an economics major from Asia and some of my seniors at my university went to the US for MS in Finance program. I don't know how big the recruitment is in pre experience masters programs there but it seems to be gaining popularity. Can you make a video on it?

    • @thefinancemajor.
      @thefinancemajor.  6 лет назад +1

      Hi Apurv, thanks for the feedback! I will definitely keep this topic in mind for future posts/videos. Feel free to check out thefinancemajor.com for other helpful content!

    • @gargapurv
      @gargapurv 6 лет назад

      Thanks! I will check it out for sure.

    • @ErikPT
      @ErikPT 6 лет назад

      Nice a MsF is more focused than MBA I’m an undergraduate in accounting and I want to combine finance and accounting.

  • @lindie5447
    @lindie5447 5 лет назад +1

    Thank you for this information. Very relevant.

  • @jfamjizzyjae
    @jfamjizzyjae 6 лет назад +2

    Thank you! I think you should keep on making more videos!

  • @aanchalsingh1720
    @aanchalsingh1720 4 года назад +3

    I have completed my 12th std this year (i.e; 2020) . I love intrepretation and high conceptinal clarity in subjects .My favourite subject is maths (mainly calculus) and eco(mainly about how economy works and all ). I wanna be financial analyst . So which course should i opt CA /CFA /MBA/ACCA or something else .please people with knowledge reply . I'm really confused about my career . 😥 Not have career guidelince at all .

    • @kaushikhs1035
      @kaushikhs1035 4 года назад +1

      Hi there.! It seems you can do all the above courses. But as a mba aspirant I'd suggest you to do your courses in this manner→ MBA→CA→ACCA→CFA, etc. Because after MBA if you're able to manage your studies along with work (if required) and try to complete CA. After that ACCA offers CAs to exempt 9 papers out of 13 papers. So you can easily clear those 4 papers and become a member of ACCA family. Then you know.! You're at the top and if you want you can clear all others courses such as CFA, CMA/ICWA, CPA, CFM, FRM, CIMA, Investment banking,etc etc
      Hope this suggestion helps. Anyway, finally it's all your choices because it's your life. As a well wisher that's all my thoughts mentioned above.
      Thank You. Best of luck in your currier✌️

    • @aanchalsingh1720
      @aanchalsingh1720 4 года назад +1

      @@kaushikhs1035 Thanks for giving your precious time and suggestion 😊.Really very helpful .

    • @kaushikhs1035
      @kaushikhs1035 4 года назад

      @@aanchalsingh1720 my pleasure.

  • @MC55311
    @MC55311 5 лет назад +3

    Thanks for the detailing the differences. I work in Finance now but unrelated to financial planning.
    What are job prospects like after getting CFP certification.

    • @aperkins07
      @aperkins07 4 года назад

      financial advising. That's what it's for.

  • @Erick-uf6gi
    @Erick-uf6gi 5 лет назад +166

    I just wanna be r i c h

  • @DROIDFARM
    @DROIDFARM Год назад

    Liked and subscribed!

  • @sonne2351
    @sonne2351 5 лет назад

    Thanks for this, very helpful

  • @frodom2005
    @frodom2005 2 года назад

    Good video Thanks!

  • @alexgeorge641
    @alexgeorge641 3 года назад +1

    Help! Anyone here using a Macbook Pro? Any success with the Excel functions using a Mac? I am a finance student studying for the CFA and I feel like I am the only one using an Apple product for Excel and having issues with finding all the correct Excel functions/short-cuts. I am seriously considering purchasing a PC for all of my excel needs; but, I love my Macbook Pro. Please share your thoughts.

    • @candimarie
      @candimarie 2 года назад

      I have both a PC and Mac. I can tell you that Mac excel work is more difficult. Plus most direction you will receive will be catered to PC.
      When it comes to Excel on PC, formulas and formats are more clear and understanding. They are both great for Excel, but PC is best

  • @tiffanyvisser8555
    @tiffanyvisser8555 3 года назад

    What is the difference in CFA and CFP with regards to the nature of jobs ?

    • @sixstringriffs
      @sixstringriffs 3 года назад

      I earned my CFP designation this year in Canada. In my experience a CFP holder is most likely a financial advisor that sells mutual funds/stocks and may or may not be a life insurance rep too. You can also be a CFP that designs financial plans for their clients but doesn't sell specific investments/insurance "a fee only planner". Like the video mentions it is entrepreneurial based in that you need to attract clients and sell yourself. I'm sure their is also CFP's that work on a team of financial advisors and may support them with planning - maybe earn a salary in this type of position. Either way you're dealing with people all the time and trying to sell your services and various financial products.
      I typically see individuals with the CFA designation working at mutual fund company's as part of a portolio management team. Rarely see a CFA holder as a financial advisor but they're out there.

    • @thefinancemajor.
      @thefinancemajor.  Год назад

      Great response, Alec!

  • @lanab644
    @lanab644 4 года назад

    Thank you!

  • @AliHassan-ji8ms
    @AliHassan-ji8ms 6 лет назад +5

    Gonna do CFP. Thank you ❤

  • @alirezajabbari1263
    @alirezajabbari1263 Год назад

    I don't have a bachelor's degree, but I have an associate's degree in software engineering. How can I obtain CFA? Should I try to get a bachelor's degree related to finance or it doesn't matter? I'm also having concern about MBA requirements, can I apply for MBA certification with my current degree?

  • @tami6851
    @tami6851 5 лет назад +2

    So If I want to start CFA I am supposed to have 4 years of work experience? really?

    • @LittleMew133
      @LittleMew133 4 года назад +2

      Tamta Puturidze actually no, you can start as early as in your college years. To learn more, go onto the official cfa website.

    • @nagachaitanyasaic8500
      @nagachaitanyasaic8500 4 года назад

      Hi

    • @aperkins07
      @aperkins07 4 года назад +1

      you can take and pass the exam, but you would not be called a CFA until you reach 4 years of experience.

  • @kollantevarghese1494
    @kollantevarghese1494 3 года назад

    Thanks for wonderful informative video brother. Requesting an answer. I am working in Oman working as an inventory-purchase admin and earning 10 lacs per year . Ia have done master of commerce 5 years back . If I do frm now will I be getting a job in UK as a fresher or do I have to get 2 years of experience ?

  • @wunfoe
    @wunfoe 4 года назад +2

    CPA and MBA combined = 🤑🤑

  • @1Godspeed_45
    @1Godspeed_45 6 лет назад +1

    Can you get more than 1 of these titles?

  • @riiaaaaaaa
    @riiaaaaaaa 5 лет назад +1

    I have done CA (Chartered Accountancy) , should i go for CPA or MBA in finance?

    • @omyyycool166
      @omyyycool166 5 лет назад +1

      Do MBA in top business school🏫

  • @RubenGonzalez-nr6bz
    @RubenGonzalez-nr6bz 4 года назад +1

    What about CAIA?

  • @mehdimoumen621
    @mehdimoumen621 6 лет назад

    To register for these certification am i required to have the honours degree or can i apply with the Commerce/finance 3 year degree?

  • @cindywong4511
    @cindywong4511 3 года назад

    awww yesss

  • @ronaldkcl1
    @ronaldkcl1 5 лет назад

    Can a CPA Canada apply for AICPA through mutual agreement recognition? thx

  • @chiragjain834
    @chiragjain834 4 года назад

    what about actuary exams

  • @akashjose9688
    @akashjose9688 4 года назад

    Is there any scope for cwm( chartered wealth manager) usa certification course for job opportunities?

  • @evasutherland603
    @evasutherland603 4 года назад

    MSc. Accounting Vs Finance: Which Should You Study?

  • @pinkyy164
    @pinkyy164 3 года назад

    Comoare to three which course is easy

  • @Iamstevenyang
    @Iamstevenyang 6 лет назад +1

    I can tell you that you're reading some of these materials and facts in a screen infront of your camera haha.
    Is there such a thing called CFA-Certified Financial Advisor? I've always thought there's two versions of CFA. I'm studying for my Series 7, Series 63 and Series 65 and Group One to become a financial advisor.

    • @thefinancemajor.
      @thefinancemajor.  5 лет назад

      Hi Steven. Many people mistake the names since "Chartered Financial Analyst" is a less intuitive acronym than "Certified Financial Advisor." The CFA is geared more towards portfolio theory, whereas the CFP is focused on managing/planning all aspects of an individuals wealth.

  • @dhairyadoshi3179
    @dhairyadoshi3179 4 года назад

    I have doubts regarding Masters in finance and CFA. How can I contact you?

    • @aperkins07
      @aperkins07 4 года назад

      what is it that you doubt?

    • @victornyamu2547
      @victornyamu2547 4 года назад

      @@aperkins07 same
      Wondering which is better for working in a hedge fund. What do you think

    • @aperkins07
      @aperkins07 4 года назад +1

      @@victornyamu2547 You mean between a finance degree or CFA? I haven't worked in hedge funds so it's hard for me to say. I'm pretty sure most recommendations I've seen is to work in IB and then transfer into HF or PE because they're most likely looking for those with proven experience. If I were to make a suggestion, I'd pick the master of finance as long as it's from a top tier school. If it's not top tier, get both the degree and a CFA, but chances may be slim regardless, especially with no direct experience.

  • @kamalakannangunalan
    @kamalakannangunalan 6 лет назад +3

    I don't have any work experience can I write any of the above exams

    • @thefinancemajor.
      @thefinancemajor.  5 лет назад +1

      You may be able to take the exams before obtaining required work experience, but you will not be officially licensed until you do so.

  • @cade7458
    @cade7458 6 лет назад +3

    What types of jobs can I get with a finance degree

    • @thefinancemajor.
      @thefinancemajor.  5 лет назад +1

      Hi Cade. Check out this video: ruclips.net/video/nV555JcmQYQ/видео.html

  • @jerryhan4978
    @jerryhan4978 4 года назад +2

    are you just reading?

    • @rmmm329
      @rmmm329 3 года назад

      Who cares if he is? He’s compiled all this information for free. Do you expect him to memorize it for you too 😂

  • @aminamohamed7804
    @aminamohamed7804 6 лет назад +1

    thnk

  • @kizarumelon2477
    @kizarumelon2477 4 года назад +1

    Fuck this shit. I’ll just do financial analyst with my 10 years experience in stocks

  • @arunaa7001
    @arunaa7001 5 лет назад +3

    About CIA?

  • @ramosrasela
    @ramosrasela 5 лет назад

    I hope there will be more of this kind of content instead of nonsense vids

  • @cajunkarl4828
    @cajunkarl4828 2 года назад

    Hey 👋

  • @samsunggalaxys7407
    @samsunggalaxys7407 6 лет назад +2

    Do more videos

  • @jirensama1622
    @jirensama1622 4 года назад

    People in India have gone ca cfa cs so lmao

  • @uno1industries
    @uno1industries 6 лет назад +1

    CAIA?

    • @thefinancemajor.
      @thefinancemajor.  5 лет назад

      I think the Chartered Alternative Investment Analyst (CAIA) certification is particularly helpful in the Asset Management space. However, it is much less popular than the certifications mentioned in this video.

  • @johng3281
    @johng3281 4 года назад +1

    You forgot cma

  • @Karshaastro369
    @Karshaastro369 5 лет назад +1

    press the like button first for being handsome!

  • @robocock475
    @robocock475 5 лет назад +1

    I can tell you from firsthand experience that the MBA and CPA are total trash

  • @taylorwhitefall5408
    @taylorwhitefall5408 4 года назад

    I don't wanna be others money recorder. I wanna be rich like Donald Trump. 😏

  • @MarkLomod
    @MarkLomod 4 года назад

    you're cute~

  • @princesspalqisa2423
    @princesspalqisa2423 2 года назад +1

    To subscribe like this channel that is my job 😅😅😅🇸🇴🇸🇴🇸🇴🇸🇴🇸🇴

  • @WallStreetIceCream
    @WallStreetIceCream 4 года назад

    what about CAIA?

  • @WallStreetIceCream
    @WallStreetIceCream 4 года назад +1

    what about CAIA?