Chartered Financial Analyst (CFA) Question

knicks702
Thu, 29 Jan 2009 21:38:52 +0000

The statistics about the CFA are impressive. Salaries are well into the 6 figures. Basically, my question if this is only because people from HYPS who are already in big Wall Street jobs get this career. Can someone at an entry level finance job who earns a CFA except to make 6 figures after a few years of work experience if they attended an average university.

Basically I am asking this question because, like everyone else here, I am trying to plan my future. I am a freshman, thinking about majoring in financial economics; however, I go to a pretty average state school (Binghamton). I’m guessing an Econ degree from my school will not let me get my foot in the door for a lucrative job in finance. If I passed the CFA while working some entry level job, could I feel confident that I would get a job making good money (which is 85k+ IMO) after a few years of work experience?

Thanks a lot