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So, what's the "light at the end of the tunnel" here? What's the expected, realistic salary after all ten exams?

The lure of the CFA is that $250,000 is not unusual. Except most people finishing their CFA never get an analyst job, so it's kind of a moot point.




$120k-$150k is the norm for new fellows in my area. People typically reach that level around 5-7 years of experience nowadays. If you can't or don't want to manage people, your salary probably won't get much higher than that, but directors (managing teams of ~10-15 actuaries) make ~$250k-$300k at my company and VPs (managing ~2-4 directors) probably make ~$400k-$500k.

Also, keep in mind that the hours are much shorter than what CFAs would typically work - most actuaries outside of consulting rarely work over 45 hours a week.




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