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Can anyone shed some light on quant funds please? https://groww.in/mutual-funds/escorts-tax-plan-direct-growth
I am seeing stellar returns and extremely low expense ratios but apparently since they're quantitatively managed algorithms, they don't account for things like corona for example.
Qt k ,nsultancyhly
Additional Posts in Transaction Services, M&A, Deal Advisory
Does AAS pay the same as FDD?
Subject Expert
What’s FDD like at Bain, BCG, or McKinsey?
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ALWAYS get your CPA. Everyone bashes Public, but a CPA is a professional designation. With experience it has massive value, and it's universally known and accepted, and travels everywhere.
As others have said, put your personal life aside for 6 months and go get the professional designation that you have done 90%+ of the work for. Also - think about what it brings you over the entirety of your career versus short term effort to complete
Lastly, I can tell you that as an 18 yr partner in a transaction advisory practice that I could do the finance work, but none of the finance folks can do the super complex transaction structuring from an accounting perspective that I do. Get your lice se and learn the finance on the job and always be focused on the economics of every transaction, and you will become invaluable
Mentor
Are you hoping to move into finance or accounting later on?
I would like to eventually break into finance, preferably the buy side, but i understand typically that requires a stint in the sell side. Later on I do strive to be a CFO, of a portco or something in that line.
So when you mean spend your time on CPA eligibility, do you mean you have the necessary credits but you haven’t passed the exams?
I will say one of the best things I did was finish all 4 exams prior to working. I only have to worry about learning/growth and my license will come with time once I hit the required hours.
Yeah for sure, I have a similar background. So yeah like I said, I would definitely focus on knocking out as many of those exams as you can. Hours can be pretty variable when it comes to M&A, and not having to worry about studying is a huge relief
Coach
Study CPA exam and pass asap.
Give up six months of your life and knock out the exam. It’s a golden credential that will only help you no matter where your career goes
I had only one of the exams done when I started as an audit staff back in the day, and had to do the last three while working. At the time, I worked on a rough job with ~50-55 hours a week during non busy season, and went home late and studied well into the night and, plus 12 hours each Saturday-Sunday, but the exams were done before the turn of that year.
It’s not going to be fun - because your TAS hours will be in that 50 hours a week range pretty consistently, but once it’s over it’s over, and you always have it as long as you keep up with your CPE.
Get the cpa done. Once you finish that, you really never need to worry about tests or schooling again (unless you choose to go for mba).
TAS doesn't need CPA. Just sayin
Not sure which firm you are at, but that in most cases that isn’t true, especially at big firms
If you are moving outside of public accounting then cpa is not such a requirement for you to make to manager. I work with cpas and non cpas within a non PA tas shop. Cfa would be the desirable credential if you got to IB or private equity although not required. If you have time give it a go the more licenses the more desirable among candidates out there.