Quote:
Originally Posted by arcfyr
Thanks for the reply. Definitely something to think about.
In terms of commitment, I am ready to do whatever it takes to pass the exams if I sign up and pay the examination fee. I am very motivated to do anything that will help get my foot in the door in an alternative industry, just in case there is an extended downturn in O&G. I already know too many people with similar credentials as myself (e.g. engineering degree holder with <4 years experience) looking for employment!
I am very open to moving to another industry if needed. Also, I will definitely be kicking myself if I feel like I haven't done everything possible to keep options open and stay employed. Is there any alternative to the CFA exams that will accomplish this?
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Having an engineering degree with energy experience and a CFA charter would certainly be an excellent combination. You'd most likely be heading down the research route, though banking or buy side wouldn't be out of the question by any means. Just know that a) by the time you get your charter you're likely looking at 4-5 years from now, assuming you follow the regular timeline of successful charter holders, and by then hopefully things will be better, and b) the finance industry is full of smart, experienced, motivated people who already have a huge leg up on you. Without knowing your personal situation too much (ie. are you with an EPC firm or a producer), and at the risk of giving a complete stranger unsolicited career advice on a Flames forum (lol), I'd say finish your P.Eng and then re-evaluate.
Or go the CFA route. The material is really interesting, applicable and relevant. If you're a finance nerd and willing to sacrifice your work/life balance over the next 4-5 years.
As to your final question of course there are lighter, easier options than the CFA program, but they will not garner the same kind of advancement and respect that the charter will. Check out the courses offered by the Canadian Securities Institute, they're really easy if you're looking for a quick leg up. Of course there are many other finance/investment/planning/accounting designations, each with their own levels of difficulty and corresponding perception in industry, but the CFA is really the gold star in the finance world.
I hope that's helpful...not sure if the other guys have anything to add (Slava, Puck, peter). I should probably get back to work now or else I will be looking for a new job as well
