What is the prospect for Mechanical Engineer to get CFA? is it common, good, bad and why?
Answer:
As a new CFA Charterholder I can share some experience. Download the study guide from cfainstitute.org. As you can see, the test includeds economics, quantitative methods, and other materials. In studying for my masters in economics, I met several engineers that could grasp the underlying math with respect to these topics (2nd derivatives, rates of change). But,
Make no mistake, I have a masters in economics and an MBA and I found the CFA exams to be VERY difficult. Especially level 2 if you are not an accountant. Expect to spend 250+ hours in prep for each exam.
You can also review the comments of current test takers at www.analystforum.com. Good luck and kiss your wife and kids for you will not spend any time with them during the next 3 years. Other Questions and Answers: