Banking, Finance & Insurance

First, there is an educational benefit; you will learn a great deal and add a great credential to your CV. Then, there is a boost to your reputation. People in business know time and dedication it takes to earn charter. When they see you have earned it, they will likely believe you have ability, dedication, ethical grounding, and analytical skills necessary to do job in question.

There also may be financial benefits. You may see your salary increase after you've become a CFA or you may surpass other applicants who don't have this designation when competing for a new job.

operative word here is "may." Hard work, skill, luck, dedication, political savvy, and character have just as much to do with one's success in investment profession as education, so don't view charter as your golden ticket to financial paradise.