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KIH
[Purist]
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Ed, I really understand your point...

... it must a cutulral thing.  Those designations must be certain benchmark to measure something.  I concur that it must or may depend on where you are.  I worked in US for 15 years until last year, had spent before that 2-year vacation at graduate school, and I know how useless it is in the real business world.  But I admit that it MAY mean something to SOME people or company.  CFA must be really something (I have never thought about it, so I have no idea), and I DO respect those who passed the three stages - but all I could think was that I was sorry that they had to endure such a long road of stress and that s/he must have a good memory.

Don't get me wrong about my comments on CFA or MBA.   I am already in a senior management position of a big financial institution, but there are many or almost all senior management position do not have those designation - there are many other ways to climb the corporate ladder, I guess.   In big US companies, those designation may be very important, but as a business counterpart, I couldn't care less - as long as s/he can close the deal and show the result.  While I agree with you, Ed, about the value of CFA or MBA in US, my point is, again, that I couldn't care less whether the business counterpart has it or not.  I guess the sense of value is not universal.  I agree that it really depends.  We may have to agree to disagree here

Apologies to the OP that I got the discussion carried away....

Ken