Cfa, Stock Broker And Other Finance Related Licensure Exams

[mike168]

hi there peeps ask o lang sana anyone here took the cfa exams? balak ko sana kumuha eh probably this year december but my problem is pwede ba ko mag review before hand? or kelangnan ko muna mag register sa exam before they release the esam coverage/materail to me. btw if sobrang hirap cfa i may pursue a career as a stock broker, ano naman po mga licensure exam kelangan ko kunin para dito or may maisuggest ba kayo other finance related licensures?

[jaydawg]

mahirap ang CFA exam/s. hindi yan basta basta lang. you really have to review. plus CFA certification has many exams

[JWalker09]

pwede ka din mag RFP - Registered Financial Planner of the Philippines. Katulad mo sina Mr. Francisco Colayco etc.

[D. Sanchez]

Stock Broker Exams - you can call or visit Securities and Exchange Commission (SEC) Office located in EDSA Mandaluyong near Robinsons Galleria. The exam is Securities 7 exam. Once you pass you are a Certified Securities Representative a.k.a. Stock Broker.

 

Website: www.sec.gov.ph

Edited May 1, 2008 by D. Sanchez

[JWalker09]

Review for those who wish to stock brokers. here is a memo link at Philippine Stock Exchange Website:

http://www.pse.com.ph/html/NewsRoom/memos/...O_2008-0256.pdf

The review will be on June and July 2008.

[JWalker09]

PSE Ateneo Certified Securities Specialist: PSE_Ateneo_20CCE_20poster_website_20announcement.pdf to those who want to study the 6 months course.

[idunno]

hindi naman daw ganoon kahirap yang cfa exam. you can do it if you put your heart into it man!

[ice_x2004]

planning on taking this cfa thing, any advise? or can anybody help me here? of course for a fee

[neKnock]

walang nagtatanong kung pano maging licensed insurance agent?

[malivogueako]

nakakatulong ba ang pagiging CFA pag maglalaro ka na sa stock market???

 

I think stock market is some sort of gamble, so basically konti lang magagamit mo sa pinag-aralan mo when you are going to play in the market. CFA i think is puro theoritical how to compute but i think that shouldn't be the case.

 

Im not sure though. Please rebut my statements for those who disagree. nakakatulong po ba? thanks

[Dr_PepPeR]

nakakatulong ba ang pagiging CFA pag maglalaro ka na sa stock market???

 

I think stock market is some sort of gamble, so basically konti lang magagamit mo sa pinag-aralan mo when you are going to play in the market. CFA i think is puro theoritical how to compute but i think that shouldn't be the case.

 

Im not sure though. Please rebut my statements for those who disagree. nakakatulong po ba? thanks

 

It will help you trade in stocks but it is no guarantee you will be successful.

[malivogueako]

It will help you trade in stocks but it is no guarantee you will be successful.

 

thanks for the confirmation. yeah i think even if you're a CFA there's no really guarantee. I mean, even the CFAs in the leading brokerage houses cannot make a winning recommendation. I'm using a certain stockbroker and most of the time they're recommending some stocks for us, customers, to buy but darn, their recommended buy is not a "good" buy. Most of the time, they suck at their recommendations. 90% of their recos failed.

 

Im not saying CFA is completely useless but in my opinion, the reality is that those who can get the firsthand infos in companies, those who can predict the future, and those are extremely lucky are the winners of the stock market. Not those who extensively studied how to calculate certain indicators.

 

Just my two cents

Edited July 1, 2010 by malivogueako

[danibbler]

Yeah, even if you do have your CFA it is extremely unlikely that you will be able to choose the stocks that are going to zoom up in value. As an individual investor you're much better off investing in index ETFs.

 

That being said, I do own some Apple stock from quite a few years back. Yay!

[rooster69ph]

thanks for the confirmation. yeah i think even if you're a CFA there's no really guarantee. I mean, even the CFAs in the leading brokerage houses cannot make a winning recommendation. I'm using a certain stockbroker and most of the time they're recommending some stocks for us, customers, to buy but darn, their recommended buy is not a "good" buy. Most of the time, they suck at their recommendations. 90% of their recos failed.

 

Im not saying CFA is completely useless but in my opinion, the reality is that those who can get the firsthand infos in companies, those who can predict the future, and those are extremely lucky are the winners of the stock market. Not those who extensively studied how to calculate certain indicators.

 

Just my two cents

 

There are 2 types of stock analyst, the technical and fundamental analyst.

 

A CFA is trained to be proficient in the fundamentals. As such they may recommend a Target Price based on valuation and recommend a buy below the TP. However it would definitely be hard to bottom fish.

[swami]

How about the PSE Certified Securities Specialist course? http://www.pse.com.ph/html/NewsRoom/pdf/Marketing%20Poster_PSE-UST%20CCPED%20CCSC.pdf

 

I don't think i would venture to try a different career for myself. I just would like to invest in the stock market, without being totally clueless about it, or worse, being totally dependent on stock brokers who, more often than not, are mere salesmen eager to sell the stocks of companies who induced them to sell their stocks.