Syavash

[Syavash]

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Hey there. I’m a BA Finance, Accounting and Management student as well, at Notts. I’ll be in my final year as of September 21st as well. 

When you register for the Level 1 exam ,it says that yo either need to have a Bachelor’s degree or you need to be 18 months from graduating. I registered for the exam in February 2015, gave it in June and passed. So you should have no problems registering for the exam. I have also contacted CFA Institute regarding this and its perfectly alright. 

[Syavash]

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> @Farooq said:
> Hello Syavash. Well, I will tell you that I am from Pakistan and the overall environment is a lot more skeptic about anyone thinking to do CFA in here. I had dreamed about CFA since I was like 19 but due to such views I could not start. Currently I am in my MBA (quality wise it may not be equal to an undergraduate course of a college like yours). Luckily, two semesters back I had a CFA qualified teacher for corporate finance course (he passed all levels in first go). I asked his views and he was the first person who said “why not” and he told me that if I study there is no reason why I should not clear CFA without any difficulty. In short, there is no reason why you should listen to any skeptic views and why you can not clear CFA. Its not a gamble. If you are committed and ready to work hard you will pass. 
>
> Regarding the professional issue, even if they are, my view is that no one can be a professional in economics, accounts, derivatives and portfolio at the same time. They may have a slight advantage in terms of experience but on the bright side you have a lot more time. Finally, as far as I have understood, it does not matter what experience you have, its about the CFA course. You do it as advised here or similar forums and you should not worry about professionals.  
> However, do check whether you fulfill the entry requirements for CFA or not. I am not sure but in my knowledge the minimum requirement is 4 years bachelors degree.
>
> Lastly, as I am new to this so I am not sure how others view this, but to me CFA is very possible and being a non professional is no issue.
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>
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> Hope it helps.

Hello Farooq, thanks for the words of encouragement. I like your point about having more time, that’s what I am trying to capitalize on. Thanks for the advice and I’ll definitely begin with my CFA and sit for the June exam.

Yes CFA does require a bachelor’s degree however they will let me give L1 if I am within 18months of finishing my bachelor’s and I am getting to that point now, like you I have been waiting to jump on the CFA bandwagon for quite sometime and it’s finally possible now.

Oh and all the best with your MBA, its not the college that matters but what you get out of it, so all the best!

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