The CFA — Wall St’s toughest qualification — struggles to regain stature | Financial Times
Fewer traditional investment jobs around and intense stamina needed to complete programme is valued less
✒ “The truth is, what’s in the textbooks never really mattered that much; what mattered was the stamina and character that passing the exams demonstrated.
But the world is changing. That kind of endurance is less likely to be openly celebrated, and is far less likely to attract the millennials who are pushing their employers for protected weekends and guaranteed vacation days.”
We will see how much of the current fall in demand can be explained by the pandemic and whether the appeal of those three little letters will pick back up after the pandemic eventually ends.