Professional Qualifications - ACA vs CFA vs Actuarial

Nzyme

Nzyme

Nzyme

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18 Jun 2004
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Evening,


I'm currently looking at moving into a new graduate role and undertaking some professional qualifications/exams.

Does anyone have any thoughts on the above three? I realise they are all different but after some opinions on how they are perceived, which is likely to carry the most weight in future, which is hardest/easiest etc.

I know a lot about the actuarial exams and understand what required under ACA but no little about CFA.

Any input appreciated.


Thanks
 
Which is the issue I currently have.

Undertaking a qualification is the main reason I'm looking for new employment and all three have become available to me as options.
 
Actuarial = very hard. IMO hardest of them.

Plus having worked with actuaries in the past I couldnt see the appeal and I am an accountant so they are not that far removed.

Actuarial is probably the most consistent in salary imo

Consider the other accountancy exams as well (CIMA/ACCA), along with ACA there is a different focus and the type of exam you do makes little diff 10 years down the line post qual when what you have done counts for far more.
 
It all depends what you're looking to do in all honesty.

ACA is the most highly regarded of the accountancy qualifcations, usually leading to a few years in audit and then if you step out from audit you've got a good shot at a reasonably senior role in smaller firms.

I work for an insurance firm and have a lot of dealings with actuaries, you will need to have solid maths, and these days you need to be able to program also. However it definately has the highest earning potential out of the choices you have mentioned, we pay our actuaries ungodly amounts of money and we are a reasonably small firm. From what I've seen it looks extremely interesting too, unforunately I just dont posess the required skill set.
 
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