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Need some Opinions on CFA.
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100%Tuna 100%Tuna is offline
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Re: Need some Opinions on CFA. - 12-05-2009, 12:43 PM

thanks for your reply, vivek! really helpful.

"Have a U.S. bachelor’s (or equivalent) degree
Or be in the final year of your bachelor's degree program at the time of registration
(Note: education information must be updated before progression to Level II)
Or have four years of qualified, professional work experience
Or a combination of work and college experience that totals at least four years."


That's the requirements according to the CFA website- it says "four years of qualified, professional work experience". So since I've already been working for four years, do I not meet the requirements? What sort of "qualified" work meets the requirements?

Another question- does the 4 years of experience required to be a charterholder have to be AFTER you clear the exams or can it be before that too? Basically, does my previous work-ex qualify?

Thanks again in advance!


Portfolio adjustments during Apr 09:

1. Cut down on exposure to DJIA Futures
2. Opened gold long positions
3. Closed out and Reversed long GBP/USD positions
4. Decreased long positions in AUD/JPY

Last edited by 100%Tuna; 12-05-2009 at 12:51 PM.
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Re: Need some Opinions on CFA. - 12-05-2009, 03:46 PM

Quote:
Originally Posted by 100%Tuna View Post
thanks for your reply, vivek! really helpful.

"Have a U.S. bachelor’s (or equivalent) degree
Or be in the final year of your bachelor's degree program at the time of registration
(Note: education information must be updated before progression to Level II)
Or have four years of qualified, professional work experience
Or a combination of work and college experience that totals at least four years."

That's the requirements according to the CFA website- it says "four years of qualified, professional work experience". So since I've already been working for four years, do I not meet the requirements? What sort of "qualified" work meets the requirements?

Another question- does the 4 years of experience required to be a charterholder have to be AFTER you clear the exams or can it be before that too? Basically, does my previous work-ex qualify?

Thanks again in advance!
Your work exp should qualify and will be counted once you certify that you have a professional work exp which can be verified with supporting documents. You need to provide documentary proof to CFA institute while requesting charter after you complete L3.

Several bankers / traders take up CFA after 3-4 years of work exp, which is taken into consideration by the Institute while awarding charter to candidates. Hope this answers your second question.

Cheers,


History shall be kind to me, because I intend to "write" it down..
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Re: Need some Opinions on CFA. - 15-05-2009, 09:35 PM

Hi Guys,
I am a Newbie.I have recently appeared in my final year exams(B.COM) and would like to register for the CFA JUNE'10 LEVEL 1 exam.I don't have any work experience whatsoever.I know that the registrations for the JUNE'10 exam shall immense after the JUNE'09 exam.Now,i would request u guys to enlighten me on the registration process and enrollment eligilbilty.I have 3 questions for u :-
1.)Does my university graduation degree(3yrs)qaulifies as a degree equivalent to U.S. bachelor’s degree?
2.)As mentioned above,i don't have any work experiance,Can i still register for the exam?
3.)I don't have a credit card,Can i use my cousin's credit card for registration,but then the SHIPPING address and the BILLING address will be different,wouldn't that be a problem?
PLZ HELP!
Would Like to thank u guys.
Desi1987
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Re: Need some Opinions on CFA. - 16-05-2009, 11:06 AM

from where we can get information regarding the test centre for the dec09 level 1 exam
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Re: Need some Opinions on CFA. - 16-05-2009, 11:10 AM

yes me going for cat and cfa in dec09
but i hope date should not match..
because of ol exam in cat this year this might be little late
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Re: Need some Opinions on CFA. - 17-05-2009, 01:21 AM

Quote:
Originally Posted by anupam2285 View Post
I took the CFA L1 exam yesterday at Mumbai centre. My comments about the exam papers and some suggestions are:
* morning exam had throw away questions on ethics. also other topics were manageable. most of the questions involved yes/no type answers and almost 80% of the paper was concept based. the trick is to remember all the concepts thoroughly. not much calculations required.
* break of 2 hrs. its always better to get something to eat from home. otherwise you'll have to spend a lot of time which you could have used to relax a bit.
* afternoon session was also on similar lines to the morning session. ethics was bit complex. FSA involved some calculations. rest of the paper was again concept based. overall moderate level paper.
* schweser seemed to be enuf for the preparation. there was no fight for the time as most of the questions were simply read and answer types.
* two back to back exams becomes tiring and u start feeling it in the last hour of afternoon session. so its always good to keep all the formula in mind which can save a lot of efforts in the last minute.
* overall exam went peacefully and CFA conducted it very well. the paper was in between easy to moderate level in terms of difficulty.
* ethics is the key. a lot of questions are based on subtle difference in the exact meaning of some terms such as fair dealing, conflict of interest, priority etc..

i have no clue about my performance but i know that i could have done better

all the best to Dec aspirants....


do ask any questions related to the june exam. i'll be glad to answer them asap ..

-anupam
hi thanks a lot. may i know more about CFA, which good institutes offered CFA,. right now i am a final year student of BBM (finance). i have written MAT this may and waiting for result. i am also willing to write VTU. i am confused whether should i go to MBA or CFA. will you please suggest me, which is good option,. but i will do both degrees, but which one to do first i am not getting. please reply as soon as possible, my e-mail id is shahbaz_ahk@yahoo.co.in

if i go for CFA, how to register for exam n where can i get material. please tell me all details

thanx
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Re: Need some Opinions on CFA. - 17-05-2009, 02:22 AM

Hi Guys,
I am a Newbie.I have recently appeared in my final year exams(B.COM) and would like to register for the CFA JUNE'10 LEVEL 1 exam.I don't have any work experience whatsoever.I know that the registrations for the JUNE'10 exam shall immense after the JUNE'09 exam.Now,i would request u guys to enlighten me on the registration process and enrollment eligilbilty.I have 3 questions for u :-
1.)Does my university graduation degree(3yrs)qaulifies as a degree equivalent to U.S. bachelor’s degree?
2.)As mentioned above,i don't have any work experiance,Can i still register for the exam?
3.)I don't have a credit card,Can i use my cousin's credit card for registration,but then the SHIPPING address and the BILLING address will be different,wouldn't that be a problem?
Guys PLZ HELP!
Would Like to thank u guys.
Desi1987
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Re: Need some Opinions on CFA. - 17-05-2009, 10:42 PM

hi,
i am going 2 appear 4 dec09 exam.
Bt i am confused abt the type of score CFA provide.
Can i get the detail from them who have already taken it
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Re: Need some Opinions on CFA. - 24-05-2009, 06:04 PM

Hi
You do not need to have work ex to give the CFA exam. You can get the work ex afterwards also.

Yes your 3 year degree would qualify as well.

And yes you can use any one's credit card. All that the institute cares is that the money is paid. They dont care from whose credit card the payment comes.

Best of luck with the exam dude !!

Quote:
Originally Posted by desi1987 View Post
Hi Guys,
I am a Newbie.I have recently appeared in my final year exams(B.COM) and would like to register for the CFA JUNE'10 LEVEL 1 exam.I don't have any work experience whatsoever.I know that the registrations for the JUNE'10 exam shall immense after the JUNE'09 exam.Now,i would request u guys to enlighten me on the registration process and enrollment eligilbilty.I have 3 questions for u :-
1.)Does my university graduation degree(3yrs)qaulifies as a degree equivalent to U.S. bachelor’s degree?
2.)As mentioned above,i don't have any work experiance,Can i still register for the exam?
3.)I don't have a credit card,Can i use my cousin's credit card for registration,but then the SHIPPING address and the BILLING address will be different,wouldn't that be a problem?
Guys PLZ HELP!
Would Like to thank u guys.
Desi1987
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manvi0531 manvi0531 is offline
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Re: Need some Opinions on CFA. - 24-05-2009, 06:11 PM

Right now the Mumbai center is not available. That might be available incase the CFA institute again takes a stay at the High court. ...


Quote:
Originally Posted by papairaja View Post
hello every one, me appearing for the L1 on dec, heard that for june we can have mumbai as a center can any one let me know the by when will i be knowing if mumbai is going to the center for dec, 09 exams.
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