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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 un

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.

tfehring 8y ago
$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.