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The CFA Route to Finance Is Cheap But Proving Very Stressful

The chartered financial analyst designation is less expensive than top MBA programs, but it can take longer to achieve and most don’t even pass.

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Schmoozing won’t get you anywhere in the CFA program.

To earn the chartered financial analyst certification, Wall Street’s aspiring asset managers need to have a stone-cold mastery of skills like valuing stocks and analyzing financial statements — not after-hours networking drinks that are hallmarks of an expensive MBA program, an alternative path to getting a job.