I need help:

So I just got out of college and I work in investment management operations. I love the company I’m at and I want to stay here but this role isn’t for me. Im fairly positive I want to move into equity research however I really don’t want to start my CFA right now, so I was thinking of doing a masters of finance. My company pays for everything so that’s not an issue.

Is an MS comparable to the CFA? How can I move to a research role?

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I started in hedge fund operations and it’s not a good place to stay. If you desire equity research, a master’s is a waste in my opinion. The CFA is your best friend and more valuable. You’ll get a master’s and they will still look at you as operations. While getting your CFA, it will be easier for you to land a role as an analyst so when you’re finally CFA charter holder..you’ll already have some experience on an investment team. No investment manager will care about your master’s in finance

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Okay, thanks so much for your help. I wanted to ask internally but I was nervous someone on my team would hear I wanted to move. I guess I will bite the bullet on the CFA

They are not really comparable, a CFA holds more weight

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Hello! I did a masters in finance and I’m now doing a MBA. If you’re wanting to go the Analyst route CFA is much better. The masters didn’t really help with getting roles, only really helped with my understanding of things.

For an internal move, I know people who have done that by taking the CFA and they already had the MIF (move from sales into research).

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Network, that’s what gets you into ER not a masters or a CFA designation

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I do see on the job postings that it says work toward CFA preferred but it doesn’t say it needs to be complete, so it would make sense that it’s more about who you know. The problem is my boss has worked here forever and I don’t know who to reach out to.

Don’t forget to network a ton as well (both internally and externally)

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If you really hate your job, you can try to get FP&A in an industry you like and do that for a year so. Is really valued in ER cause you’ll become an expert at forecasting revenues and costs for said industry

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