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Business Chartered Financial Analyst (CFA)

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maxtek
post Nov 14 2008, 12:40 PM

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laugh.gif CFA isn't exactly a course, but it's a recognition thingy.. You'll need to have at least 4 years of work experience and an undergrad degree before you can go take the exam. laugh.gif
luckykid
post Nov 14 2008, 01:01 PM

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Hmm my dad teaches the CFA course in uh some college in KL (ampang I think)
P.I.M.P
post Nov 14 2008, 01:44 PM

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Really ka? Got discount for fellow LYN forumers boh?
narfey
post Nov 14 2008, 07:24 PM

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QUOTE(maxtek @ Nov 14 2008, 12:40 PM)
laugh.gif CFA isn't exactly a course, but it's a recognition thingy.. You'll need to have at least 4 years of work experience and an undergrad degree before you can go take the exam. laugh.gif
*
correct me if i'm wrong,but in order to take the exam (in this case i'm referring to CFA level 1);you don't need to have an undergrad degree or working experience prior to that. you just need to register with CFA institute. as easy as abc. but it is a different scenario to hold a CFA charter. to hold a CFA charter requires you to pass all the 3 level, have a degree and 4 years related working experience.
maxtek
post Nov 14 2008, 08:35 PM

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QUOTE(narfey @ Nov 14 2008, 07:24 PM)
correct me if i'm wrong,but in order to take the exam (in this case i'm referring to CFA level 1);you don't need to have an undergrad degree or working experience prior to that. you just need to register with CFA institute. as easy as abc. but it is a different scenario to hold a CFA charter. to hold a CFA charter requires you to pass all the 3 level, have a degree and 4 years related working experience.
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Nope, even the LVL 1 exams require you to have the work exp and degree... wink.gif
charis85
post Nov 14 2008, 10:30 PM

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QUOTE(maxtek @ Nov 14 2008, 08:35 PM)
Nope, even the LVL 1 exams require you to have the work exp and degree... wink.gif
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Is it true? I was at MIM asking about the course, for Level 1, the counsellor told me that a degree is needed, but not necessarily the work experience in finance (unless you're talking about working experience in general).
narfey
post Nov 14 2008, 11:16 PM

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QUOTE(maxtek @ Nov 14 2008, 08:35 PM)
Nope, even the LVL 1 exams require you to have the work exp and degree... wink.gif
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did u took the exam?or u just heard from someone?
vanPersieXX
post Nov 15 2008, 12:15 AM

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to take lv 1 you need to be in the final year of your undergrad.....if u want to proceed to lv 2 you need to have the degree......
maxtek
post Nov 15 2008, 01:24 AM

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QUOTE(narfey @ Nov 14 2008, 11:16 PM)
did u took the exam?or u just heard from someone?
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I actually planned on taking it last year, but after some intensive research, I found that out.

So sad for me, I still have to get me degree, and get that 4 years of work experience first... laugh.gif I'm serious about my info yo. wink.gif
ZONX
post Nov 16 2008, 03:27 PM

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you don't need any working experience if you go for lv1 in CFA
you are eligible to take it even you are in your final year of ya degree

you can work while taking the exam. not necessary require 4 yrs related working experience to take it. but yes, you need 4 yrs related financial working experience to get the title, CFA
charis85
post Nov 16 2008, 08:21 PM

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QUOTE(ZONX @ Nov 16 2008, 03:27 PM)
you don't need any working experience if you go for lv1 in CFA
you are eligible to take it even you are in your final year of ya degree

you can work while taking the exam. not necessary require 4 yrs related working experience to take it. but yes, you need 4 yrs related financial working experience to get the title, CFA
*
I concur smile.gif

That was what I was told by the counsellor in MIM, you don't need to have the necessary 4 years related working experience to take Level 1.
luckykid
post Nov 17 2008, 06:24 PM

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QUOTE(P.I.M.P @ Nov 14 2008, 01:44 PM)
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Really ka? Got discount for fellow LYN forumers boh?
*
Lol I dunno.
Anyway my dad goes to US for to mark the exam papers every year.
So if you get CFA uh recognition? Then can go US every year, no need pay expense and room charge.
Actually I dunno much about CFA. Finance is not really my thing, though I've looked through all his textbooks.

Oh my dad said, you don't need to attend courses actually for level 1. Just read through the textbook and you can ace the exam.
chgchksg128
post Nov 17 2008, 09:56 PM

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No need working experience for lvl1
I think u misundertsand that to be a Chartered , u must hv at leat 3 yrs practice experience after u completed lvl3
P.I.M.P
post Nov 18 2008, 01:51 AM

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Your dad must be affiliated to the CFA institute since he mark exam papers.


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The last I check, you need 4 yrs or related working experience.

ZONX
post Nov 20 2008, 08:19 PM

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Zzzz.. still looking for schweser 2009 wacko.gif
fall asleep when reading CFAi yawn.gif sleep.gif
P.I.M.P
post Nov 20 2008, 10:52 PM

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Just google it
GrIM
post Nov 21 2008, 07:27 PM

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To take the examinations( lvl 1 and 2) you will only require to have a degree. You do not require to have 4 years of prior working experience.CFA ENTRANCE REQUIREMENTS

Note the fact that it states OR. wink.gif
ZONX
post Nov 22 2008, 02:33 PM

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Got some in google, but need to register to download, in the other words, need to pay for it. although it's a lot cheaper than original

but..free source is just thumbup.gif

note* looking for lv2
P.I.M.P
post Nov 22 2008, 04:41 PM

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No you don't need to pay for it. It should be free. If you need to pay, you're in the wrong website.
sofspy
post Nov 23 2008, 03:24 PM

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....its amazing how people cant post nonsense and yet plan to take it??

To take your level 1 exam you have to be at least in your final year of degree

To qualify for your chartered you need pass all 3 levels, join the CFA society, get 2 sponsors and 4 years of relevant working experience.

Lastly, CFA is actually a course which is more gear towards portfolio management/asset management at the later levels. So unless you intend to be a fund manager there is really no requirement to take this course...

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