CFA Exam Shock for a Student Who Chose a Career in Asset Management


It’s unclear exactly where Tara Mott works in London, but it’s apparently at an asset management company in Canary Wharf. Mott, who graduated from the University of Warwick in the UK and is building a social media profile as a financial influencer, says she chose asset management over investment banking investment.

While starting your career in an investment banking division (M&A or capital markets) is good for a “short-term experience drop” on your CV, speaking in a YouTube video posted a few months ago , Mott says asset management offers a better all round experience for someone thinking longer term about their career. Not only does Mott say she “loves the work-life balance” in her current job as an investment analyst, but the company she works for has a “great culture.”

It’s unclear, however, whether Mott wrote this before or after posting a video on TikTok lamenting the need to now spend three years studying for the notoriously difficult CFA exams. Since each CFA exam requires 300 hours of extracurricular study and may require multiple sittings, the career benefits of junior asset management jobs over junior investment banking jobs may be less than they may be. seem so at first sight.

Speaking on YouTube, Mott says she would have been miserable as a junior banker. Jobs in investment banking divisions suit the kind of people who “model in their spare time because they find it fun,” she adds. It’s not her.

Mott had an offer to join Deutsche Bank as a summer intern, but turned it down to go into asset management instead. “IIf you are interested in IBD, you know that your life is going to be work Every day what you think is work and you will work extremely long hours and it was not for me.”

The bankers she met (presumably at Deutsche Bank) were “wretched on the inside”, Mott said. The same could be said of someone who is on their third CFA Level 1 session.

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