Thats because you don't know much about the CFA. You have to take 3 tests which can only be taken in the summer once a year (besides the 1st test which can be taken summer or winter) and there are a limited amount of people that can pass every year worldwide, meaning there is a curve on the test.
There are about 10 books per test. It ends up taking most people 5-10 years to pass all 3.
Anyone in the finance industry would take a CFA over any grad school.
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