How to decide if a CFA is the right choice for you September 12, 2012 FOR anyone with four years’ experience in the investment industry, there’s a qualification out there that proposes to provide you with the broad-based knowledge and skills you need to succeed in any job in the sector. The chartered financial analyst (CFA) programme certainly has its supporters. Abraham Harris, analyst in global talent management at BlackRock, [...]
Treat your career as a professional journey September 12, 2012 AS GRADUATE entrants prepare for their first weeks in the City, some might wonder whether they’ve signed up for a job or a profession. We assume that law and medicine are professions – life-long career choices with strict knowledge requirements, and professional bodies sitting in judgement over the actions of their members. Wrongly, we don’t [...]
The CFA in brief September 12, 2012 ■ The chartered financial analyst (CFA) charter is provided by the CFA Institute, a global association of investment professionals. ■ In 2012, the Institute reported that there were 100,925 CFA charterholders globally. ■ The CFA programme is the Institute’s graduate-level course of study. It must be completed before an investment professional can earn the CFA [...]
The CFA is forging a rapid path into Asia September 12, 2012 ASIA is rising. Even as economists downgrade Chinese growth prospects, emerging markets (and developed economies) in Asia-Pacific are still racing ahead in the development of their human capital. India and China are famously churning out MBA graduates in record numbers – and increasingly using their own business schools to do so. But in other areas [...]
The CFA’s global reach September 12, 2012 ■ There are 137 CFA societies in 59 countries. ■ Over the past three years, enrollment in the CFA programme was up 21 per cent in Asia-Pacific, dwarfing 6 per cent growth in Europe and a 1 per cent rise in the Americas. ■ Since 2007, the number of CFA charterholders in China has more [...]
We need chutzpah as well as cuts to restore British competitiveness September 12, 2012 WITH unemployment falling over the last six months, and over 1m private sector jobs created under the coalition, it is not all bad news on the economy. There is no reason for Britons to be defeatist. We’re still in a rut, but there is a way out. The key thing is not to sacrifice long-term [...]
The East is getting rich quick and working harder than the waning West September 12, 2012 WE’RE witnessing the world’s greatest ever economic event: the industrialisation of the two thirds of the world that were previously impoverished. This has implications for the West, which once had a monopoly in the provision of sophisticated products. The emergence of the East not only affects nine times the proportion of the world’s population as [...]
Ten golden rules of investing September 12, 2012 Acompany is essentially a group of people with a common goal, namely to create the best possible product at the best possible price. This is what I call “quality”. Sure, companies need fixed assets but they are worthless without people. Once one thinks in these terms, one can appreciate that predicting the long-term performance of [...]
Should the UK welcome proposals for a Europe-wide banking supervisor? September 12, 2012 YES Mark English Problems in banks spread quickly across borders. A single system of supervision for the euro area means reinforced application of rules and will result in more confidence. Enhanced stability will help tackle the current crisis and help to prevent future crises. It will mean added protection for UK banks – and the [...]
RAPID responses September 12, 2012 Draghi’s limits [Re: Draghi’s plan will merely buy a bit of time for the Eurozone, Friday] The European Central Bank’s (ECB) programme can’t “theoretically be unlimited in scale” if Mario Draghi sticks to his promise to sterilise – that is to offset – purchases of dodgy sovereign bonds with sales of other assets. The ECB only [...]
