Undergraduate student interested in CFA designations.. Suggestions please......?

I am an undergraduate student. After i graduated i am planning to get my CFA. So, should i majoring in accounting or finance?

which one will benefit the most when i sit for the CFA exam?

Is that more valuable to get an accounting degree and having a CFA?

what is the best way for me to do to achieve my ultimate goal?

Any suggestions for preparing the test will be greatly appreciated.

Thanks in advance for anyone who replies.

Undergraduate student interested in CFA designations.. Suggestions please......?

The answer is %26quot;Accounting%26quot;. I majored in both accounting and finance and I am a CFA charter holder. I%26#039;ve also done both professions - accounting and finance.

Here is why getting a degree in accounting is more valuable than finance. Accounting is a sit-down-and-learn-it-from-front-to-back type of curriculum. It%26#039;s like learning a foreign language. You need to slog through 3-4 classes to get to know it and there is no substitute to putting in the classroom/study time hours to learn it.

This contrasts with finance, which is based on much fewer theorums (as opposed to rules). Once you understand statistics, some basic accounting and care a bit about finance, then it only take a little bit of time to get a good understanding. Perhaps it%26#039;s just me in that I found finance really easy to understand. I continue to be a student of finance and read about the industry and its developments every single day. This contrasts to accounting, where I%26#039;m glad I got my understanding out of the way, because I really couldn%26#039;t be bothered to catch up on the latest minutia about modifications on IFRS/FASB pronouncements.

Undergraduate student interested in CFA designations.. Suggestions please......?

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Undergraduate student interested in CFA designations.. Suggestions please......?

There is no clear answer to which subject is more valuable - accounting or finance. The choice depends on your career goals and personal skills.

As for CFA exam, I believe (and I%26#039;m only a level I CFA candidate) that a finance major is more likely to have familiarity with most parts of the CFA curriculum. But remember that an accounting degree makes you eligible to appear in the CPA exam, which many people value much more than CFA.

If you want to get the CFA qualification, take the first exam in your senior year and the rest two within 2-3 years after graduation.