The CFA does not cover the accounting, valuation, and financial modeling specific to investment banks, and there’s nothing on conducting due diligence, creating pitch books, or communicating with senior bankers – all of which you’ll be doing a lot as an analyst or associate.nd those last 3 items would help you break into investment banking far more than passing the CFA. Remember that time is the scarcest resource of all – you can never generate more time no matter how much money you have.