12-17-2011, 08:24 AM
Hi, guyz.
Please comment if u have relevant info or any suggestion.
I have a kind of unique query and hoping your feedback would be helpful for me.
M an ACCA student with 13 papers cleared.
I have prepared my Thesis for OBU and will be submitting it within a couple of months, In Sha Allah.
I have two choices to go for,
01. Do ACA (ICAEW), and join EnY for the experience and by the time I get my three years of experience completed I would be an ACA and ACCA.
02. The other one is that, I am planning to go for CFA and find relevant job in some financial institution(perhaps) in the mean time.
The reason y I consider the later option (although both ACCA n CFA designations have no connections), is that what I think is dat a chartered accountancy designation cannt take you to the highest level, CFO is the upper most limit (according to my narrow knowledge).
It has now almost being a week since the CFA option has invaded my mind. So, I know very little about it.
My questions
Q1. will I get higher status (post/designation in industry) and higher pay if I opt for ACA(ICAEW) or CFA? (after say, 10 years from now, keeping the luck factor, concentration and all the other factors constant)
please note one thing, i just want to see myself in (say) 2021, would Fareed(ACA) in 2021 be in better post and pay or would it be Fareed(CFA)in 2021 who win the race? Off course, no one can predict the future, but based on you people's vast knowledge and market experience I think you can get me an idea at least.
Q2. Provided you people advise me to go for CFA, which kind of job should I be searching for, to expose my self to the practical experience (I want to have practical exposure and to prepare my self for the exams for CFA in the mean time)?
The nature of the job that is relevant to CFA.
I appreciate your advise.
Please comment if u have relevant info or any suggestion.
I have a kind of unique query and hoping your feedback would be helpful for me.
M an ACCA student with 13 papers cleared.
I have prepared my Thesis for OBU and will be submitting it within a couple of months, In Sha Allah.
I have two choices to go for,
01. Do ACA (ICAEW), and join EnY for the experience and by the time I get my three years of experience completed I would be an ACA and ACCA.
02. The other one is that, I am planning to go for CFA and find relevant job in some financial institution(perhaps) in the mean time.
The reason y I consider the later option (although both ACCA n CFA designations have no connections), is that what I think is dat a chartered accountancy designation cannt take you to the highest level, CFO is the upper most limit (according to my narrow knowledge).
It has now almost being a week since the CFA option has invaded my mind. So, I know very little about it.
My questions
Q1. will I get higher status (post/designation in industry) and higher pay if I opt for ACA(ICAEW) or CFA? (after say, 10 years from now, keeping the luck factor, concentration and all the other factors constant)
please note one thing, i just want to see myself in (say) 2021, would Fareed(ACA) in 2021 be in better post and pay or would it be Fareed(CFA)in 2021 who win the race? Off course, no one can predict the future, but based on you people's vast knowledge and market experience I think you can get me an idea at least.
Q2. Provided you people advise me to go for CFA, which kind of job should I be searching for, to expose my self to the practical experience (I want to have practical exposure and to prepare my self for the exams for CFA in the mean time)?
The nature of the job that is relevant to CFA.
I appreciate your advise.