Hi Guys,
I did a research about different designations for finance. I found that CFA of CFAI is not the most useful on the jobmarket. You may read it on myblog on
Student
One thing I can share from experience is that many of the CFAs I know don't work in the "job market" you are analyzing. If you are looking behind the analysis desks of large fortune 500 companies then your findings may be spot on. On a personal financial planning level, I rarely encounter FSAs or ACCAs. Just my personal observations.
I have met alot of professionals that use CFA in conjunction with CLU, CFP, and various business valuation designations to enter into the small independent firm market. For example, one can obtain a CFA and CLU and then advertise himself as being an expert in both insurance and investments. To many clients, these two elements make up the bulk of their financial planning. One person that is qualified to handle both aspects is often seen as more appealing than having to go to two professionals.
I suspect it is simply a matter of what type of job you want. Working in actual client sales probably favors CFA. The analysis and development work done by large corporations may not favor CFA.
Sloppy! A PhD student should know better than to suggest that the job postings that happen to appear on one web site are at all indicative of the usefulness of the credential. You may have simply proven that web site to be a poor source of jobs for CFAs (which is true).
-Tad
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