Hi all! I need some career advice and was hoping to get your thoughts
First, some quick background: I’m currently 26 years old working as a Results Analyst (think performance measurement/attribution) for a large investment group. They are very well known in equities, and my goal is to navigate myself within the firm into equity research with the long term goal of one day becoming a portfolio manager. In other words, equity investing is my passion and I want to make that my profession.
Dilemma: I am currently a level II CFA and CAIA candidate. I originally embarked upon the CAIA program as a way to beef up my resume, which helped me get hired on in my current role. So the question is, now that it basically played its part, should I complete the CAIA designation or focus on developing my equity research skills?
Pros of Completing the CAIA
- I’m only one level away and I hate to leave things unfinished
- It would help beef up my resume which could help in my applications to business schools (an MBA would aid my cause of moving into an equity analyst role)
- It would help prepare me for the Alts section of the CFA (hopefully level III)
Cons of Completing the CAIA
- 3 months of CAIA devotion that could be used to improve equity research skills i.e.:
o Learn spreadsheet modeling/valuation (which would also help prepare me for the CFA equity section)
o Read value investing texts
o Preparing my own company research reports
o Networking with equity analysts at my firm (and possibly showing them said research reports)
- The CAIA is essentially unnecessary within the equity research field
Any thoughts are welcomed and appreciated!