Asour:


Some might argue that IB adds little value to the world too.
It's just a cash-grab underwriting endeavour.


value is heavily subjective.

God bless you.

Tax is gradually been Automated and very soon most of the staff will become redundant.... I know what i am saying... Just leep b4 you Jump

Annahh:
Become an investment banker. I know people that left big4 to become investment bankers. There is money in that career. Get ready to pass your CFA sha.

Please Is it compulsory to have CFA to do and progress in investment banking? Can an ACCA do investment banking?

TheExclusive:

Please Is it compulsory to have CFA to do and progress in investment banking? Can an ACCA do investment banking?

You need CFA to progress as an investment banker.

Anyone who tells you to choose tax over investment banking is mad. Investment banking is the apogee of the career in finance

Annahh:
You need CFA to progress as an investment banker.

Not true. Even aca or acca suffices. But getting the CFA qualification is very good. An MBA from the top business schools in the world is best

ucheicon:

Not true. Even aca or acca suffices. But getting the CFA qualification is very good. An MBA from the top business schools in the world is best

It easier to pass MBa than CFa, go and ask questions.

Annahh:
You need CFA to progress as an investment banker.

Meaning CFA determines promotion?

Kaysalas:
Good day all, please how relevant is the Chartered institute of stockbrokers certificate to the investment banking industry here in Nigeria?

Annahh do you have knowledge about this?

Also, can one with Chartered institute of stockbrokers certificate work in the Big 4?

cc ednut1
gly2ken
Danielrex
Emmasquare2

LINSAR:

Annahh do you have knowledge about this?

Also, can one with Chartered institute of stockbrokers certificate work in the Big 4?

cc ednut1
gly2ken
Danielrex
Emmasquare2

Big 4 needs ican or Acca but you can enter and start writing Acca.

Annahh:
It easier to pass MBa than CFa, go and ask questions.

So it's easier to get Harvard,Wharton,nyu MBA,Yale,Oxford,instead,Cambridge,Fuqua MBA etc than cfa?The major requirement is actually having experience and starting early. For example,if you don't have prior experience of investment banking before a top MBA,it's very difficult for investment banking/PE/Venture capital to recruit you from a top MBA program.

Informative thread...

Here to learn from you all

Please I write quality blog posts and long copy. Hire me do your writing at an affordable rate.

Shalom

I personally don't buy the CISB certification, in my opinion i see it as very restricted and limited. it doesn't really give you very many options in finance.
i maybe wrong, but i think most CISB holders are already experienced stockbrokers that need the extra certification to either elevate in their current or prospective position, have their own firm or for the good old bragging right.
Not very many entry and mid-level stockbrokers hold the certification.
What i am trying to say in essence is, as an entry level professional still finding his path in the ever dynamic and interrelated world of finance certifications from the CFA, ICAN, ACCA gives you broader access.
Some CFA holders held certifications from ICAN and ACCA and only got into the CFA to further cement their competence in finance (Most likely when they had moved from routine accounting/audit/financial reporting and similar roles)
So, my guy, i no fit tell u wetin to do oo, but e go beta make u go do ICAN, ACCA or CFA. i intentionally ranked them in this order consider cost and global acceptability.
CFA, ICAN and ACCA holder can work in stockbroking, but i don't think CISB holder can work competently and comfortably in Investment Banking, Audit and Accounting.
All this are in my opinion.

Treassured:
Audit anyday anytime. That's my line.

You do audit in a big four?

The CISB accreditation only applies to stocks and securities trading; it may not be applicable in the investment banking world.
ICAN/ACCA may (or should) continue to fly, in my opinion, because part of their course content would be useful in the investment banking practice.

I honestly believe that having (passing) academic degrees is far easier than professional certificates.
If you've tried ICAN or ACCA, you'll agree that it's a completely different ballgame than your BSc experience.
This is not to disparage MScs and MBAs, but I believe academic programs have a more casual and easy-to-understand approach, whereas most professional certifications require a high level of discipline and self-motivation to begin, attempt, and ultimately qualify.

ucheicon:
So it's easier to get Harvard,Wharton,nyu MBA,Yale,Oxford,instead,Cambridge,Fuqua MBA etc than cfa?The major requirement is actually having experience and starting early. For example,if you don't have prior experience of investment banking before a top MBA,it's very difficult for investment banking/PE/Venture capital to recruit you from a top MBA program.

Old thread but Yale SOM isn’t regarded in the industry. A HSW (Harvard, Stanford and Wharton MBA) will open unimaginable doors.

Danielrex:
I honestly believe that having (passing) academic degrees is far easier than professional certificates.
If you've tried ICAN or ACCA, you'll agree that it's a completely different ballgame than your BSc experience.
This is not to disparage MScs and MBAs, but I believe academic programs have a more casual and easy-to-understand approach, whereas most professional certifications require a high level of discipline and self-motivation to begin, attempt, and ultimately qualify.

MBA programs are not reputed for their academic rigor. It is more for networking.

Zihno:



MBA programs are not reputed for their academic rigor. It is more for networking.

I fully agree with you.