"I always answer that perhaps it may have done in the past, but the designation is becoming much more commonplace now and in many jobs might be considered a standard requirement over being a competitive advantage."
My comment: Yes and No, if you have more than 150 000 candidates that register for the exam every year, there are only 108 486 charterholders in the world. It seems lot of buy-side and sell-side analysts talk about it but fewer do it. You still have to commit yourself and pass it.
"In other words, having the designation will be beneficial over not having it, but it’s not going to secure you the job on it’s own."
My comment: I can not be more agree, as any designation, diploma or achievement, it is only a part of your accomplishment and who you are in the working field.
"I encourage people to think of the designation as a great opportunity to gain a broad and thorough understanding of many areas within banking and finance, and to learn skills, work ethic, motivation, etc that will be sure to benefit you as you develop your career…..its not simply a quick means to an end. You set your career path, the CFA just helps with the skills to achieve it."
My comment: what a great piece of advice.
What will a CFA charterholder might do for your career?
There is no wind favorable for that which does not know where it goes