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Best order to do the QFAs?

  • 14-09-2011 6:44pm
    #1
    ________
    Registered Users, Registered Users 2 Posts: 33 ✭


    I'm guessing Life Assurance is first...

    Obviously Financial Planning is last...

    ..but what about in between?


Comments

  • #2
    Pablo Sanchez
    Closed Accounts Posts: 1,207 ✭✭✭Pablo Sanchez


    Depends on your stamina, Pensions and Investments are the tough ones, Loans is definitly the easiest and Regulation is Dull. I say get the tough ones done first, give yourself a break by doing loans then regulation.


  • #3
    fire_man
    Registered Users, Registered Users 2 Posts: 1,059 ✭✭✭fire_man


    Is this course good to have on a CV?


  • #4
    Pablo Sanchez
    Closed Accounts Posts: 1,207 ✭✭✭Pablo Sanchez


    Well its the minimum standard of qualification needed to provide financial advice to any one in the covered areas as set down by the Central Bank. If your interested in working in a customer facing role in a life insurance company, a bank or a brokers then it will go a long way as they wont need to spend money on paying for you to do the exams.

    Even if you dont continue to work in financial services, you will still have a Diploma from UCD on your CV, and that cant be bad.


  • #5
    Pablo Sanchez
    Closed Accounts Posts: 1,207 ✭✭✭Pablo Sanchez


    http://www.lia.ie/courseView.php?id=1&pn=qfa&sub=overview


  • #6
    leduigs
    Registered Users, Registered Users 2 Posts: 91 ✭✭leduigs


    I'd say start with the simple ones mate, get the confidence up so you'll stick at them. If you start the hard ones this might deter you!!

    What area do you work in??

    If your in Life Assurance start with that in Banking Start with loans.

    Here's my ranking:

    Loans or L.A first. (Could easily do two if you work anyway at them)
    Investments
    Pensions
    Regulation (Requires LIA membership)
    Financial Planning

    And then BOOM you got the three letters after the name!!


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  • #7
    tenchi-fan
    Closed Accounts Posts: 3,339 ✭✭✭tenchi-fan


    I did Life. Then Pensions. Then regulation or investments (can't remember which). Then I left the company I was working for, they clawed back 2 exam fees and I didn't bother doing the other 3. (QFAs are a bit of a ripoff!)

    They're not particularly difficult but from what I remember there was quite a bit of learning on pensions paper. There's a good mix of theory and calculations so spend plenty of time doing the practice calculation questions.


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