What’s the CFA studying time commitment per CFA exam? Recs on services/companies/booklets/study methods?

Purpose: Targeting CFO/Controller in fintech

Reference points:
1. S1 in financial services audit pivoting to FP&A senior accountant in fintech. Worked a decent amount with estimates/key business processes (aka loans, securities, CECL, tax not payroll etc)
2. I studied for CPA in grad school. Carved out about an 1-2hrs a day for <7 months less midterms, finals, vacation

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Don’t need cfa to be a cfo

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How much could it help tho? I’m a decent test taker just trying to be competitive/nimble but also don’t wanna be over qualified

CFA has very restrictive times to take exams. My friends who did studies for 2-6 months 5 hours a day for the exams. Took 3 years to finish, all time restrictive. There’s two periods a year you can sit, and level 2, I believe is only offered in the summer section

They are changing formats so now they have more windows and not as restrictive

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Have both CFA and CPA. CFA is much harder but content is significantly more engaging/personally rewarding. Requires a lot of commitment, the exam tends to have high attrition and difficult to get through if you’re taking it for the “wrong reasons”. Pass rates are low, level 1 has been around 25% pass rate lately but L2 and L3 are significantly harder. Huge sunk cost if you fail and need to retake. It’s just an exam but does open a lot of doors, depending on your personal goals/relevancy and ability to leverage the designation. It’s not a golden ticket by any means and a lot of people get it for the wrong reasons/not applicable for their current roles. Good luck

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TIA😊

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