Complementing Your CFA Journey with Fundamental Analysis
Oh Hell Yeah!!! If you learn fundamental analysis with its spirit and depth, I don't believe you will need to pursue the CFA course afterward. The CFA course primarily serves as a gateway to landing a job, but it is not a guarantee of a high-paying position in finance. After studying fundamental analysis thoroughly, if you decide to pursue the CFA course, you will find the following subjects and topics much easier:
Subjects and Topics Made Easier
Equity: The entire subject
Quants: A few topics
Derivatives: A majority of the topics
Portfolio Management: A majority of the topics
Fixed Income: A few topics
Financial Reporting and Analysis: A few topics
Why Fundamental Analysis is Complimentary to CFA
The CFA curriculum is not strictly about investment strategies, where fundamental analysis can provide you with an edge. Additionally, it encompasses a broader range of core finance topics.
While fundamental analysis is crucial for investment-related topics, it does not cover all aspects of the CFA curriculum, which also includes technical analysis, ethics, and professional conduct. Therefore, it is important to understand that the CFA is not just about enhancing your investment skills but also developing a comprehensive foundation in finance.
Comprehensive Finance Foundation
CFA is designed to build you into a core finance professional from the ground up. You will start by learning the basics and gradually build on that knowledge. The individual chapters and topics in the CFA curriculum cover a wide range of financial theories, models, and practices. These include financial accounting, financial markets, asset valuation, risk management, and much more.
Having a solid understanding of fundamental analysis can help you navigate the complexities of the CFA curriculum more effectively. It will not only make your revision easier but also deepens your understanding of financial concepts, giving you a competitive edge in the finance industry.
Conclusion
In summary, while the CFA course provides a comprehensive and well-rounded education in finance, fundamental analysis can significantly enhance your understanding and make certain topics more accessible. Whether you pursue the CFA or not, honing your fundamental analysis skills will greatly benefit your finance career.