Its funny that for being education it still costs a lot to study
@Casinochips559: Yeah it's really something. My current employer would reimburse me if I pass and work for at least another six months...but I'm looking to get out and am very close to turning in my resignation pretty soon. I think I've spent about $2500 so far for Levels I and II, with very minimal 3rd party material. Really hoping I won't have to pay for Level II again at this point .
@darkcecil - Ah, I thought you were the Harvard grad but I get it now!
@casinochips - Tell me about it. The CFA program is good bang for your education $, but even that is $6 - $10k or so last time I checked. I'm looking at grad schools myself and the tuition is prohibitively expensive IMO. Can be hard to justify, depending upon one's career goals.
@ Lieutenant Dan: Haha I wish. I actually do have some very good friends that are at elite institutions (including one at Harvard Business School; another doing a Phd in Mechanical Engineering at Princeton) right now from high school - but I definitely wouldn't ever be able to get in to those very top tier programs. Although if I get the GMAT score that I want, I might be able give myself a fighting chance at a program in the 6-10 range, and I should definitely be competitive for the programs ranked 11-15.
I should also get a great letter of recommendation from my previous boss. He graduated in the top five of his high school graduating class and ultimately got accepted to (but not attending) Johns Hopkins for undergrad - and he told me several times that I was smarter than he was and that I was destined for great things. I think part of what makes me me is that I never really believe I'm all that smart, regardless of what other people always tell me (I've always had very low self-confidence), but I'm definitely someone that outworks people.
I agree with you on the cost of tuition - it's crazy. I'd been hoping the past few years that I could get a job at a Fortune 200 type company that would pay for grad school after working their x number of years. I'm getting pretty close to 30 now, and I've heard the degree becomes far less useful as you get older, so I may just have to bite the bullet and hope for the best.