Yeah, true. Investment banking is more associated with the likes of corporate finance. Funds management is just parked under IB together with research house for those banks that offer buy-side and sell-side services. AFAIK some people relate Level 1 to a research assistant's level, Level 2 to an equity research analyst's level, and Level 3 to a fund manager's level.

All the best to you as well on 6th June. Btw, what level are you doing?

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Added on May 7, 2010, 4:43 pmhttps://www.cfainstitute.org/cfaprogram/pro...e_schedule.aspx

Yup, they have increased the registration fee. When I took Level 1 back in Dec '08 it was around USD300 I think.

This post has been edited by luigee: May 7 2010, 04:43 PM

i wonder do we really need to have 3years of wroking experience?

according to wiki:



if those that have zero knowledge on CFA, are they able to make it a pass upon joining it?

Kasturi so far is the best institution for CFA professional course? but the duration stated is 2 and a half year to 3 years time.
Source: http://www.kasturi.edu.my/programmes/prof_exams_cfa.html

it seems to be quite long, can we really self study it?

This post has been edited by OMG!: May 20 2010, 04:44 PM

You need to have at least 4 years of related working experience and pass all the 3 exams before you can become a CFA charterholder.

The fastest you can complete the exams is 2.5 years. (Level 1 in Dec, and Level 2 and Level 3 in June respectively).

If you have studied Accounting and/or Finance in your degree, self-study on Level 1 should be no problem.

Level 2 and Level 3 is much harder than Level 1. So i guess it depends on individuals.

Good luck to all on 6th June. !!!

good luck guys.

4 yrs relevant working experience.

Guys, I was wondering if you could offer any advice for my situation.

I am an engineering graduate with the ambition of going right to the top (EVP/CEO) and thus, was considering the CFA to help equip myself with understanding of financial aspects of businesses, something I find myself lacking as an engineering grad.

Ideally, the best option would be a finance based MBA but I would like to put that off until I gain more experience. Since the CFA requires 4 years of professional experience, is there a more suitable qualification for my needs, should I just put it off until I can take the MBA, or should I take the CFA just for the knowledge with the understanding that I will never be able to be fully chartered?

IMHO, gain more valuable working experience and network then go for MBA. However, since i have not step into working life yet, my opinion might be wrong though. CFA is more for ppl who want to step into investment banking.

I would rather continuously upgrade my knowledge. Of course, if I find that I cant handle the additional workload, I would prioritize the job first but ideally, I would prefer if there was a professional certification I could work towards until I gain the experience to do my MBA

You don't need a CFA if you aren't heading to investment field. If you want to be a CEO of an engineering firm, my opinion would be bypass CFA and go straight to MBA. Anyway that's just my opinion.

Hi all,

when sign up for this CFA program

do we eligible for income tax relief (up to RM 5000 ) from IRB under education fee - both tuition & exam fee

"Post Graduate Education - To promote a culture of lifelong learning among Malaysians, the Government proposes tax relief of up to RM5,000 on education fees be extended to all post-graduate studies (Masters and Doctorate leve), effective from Year of Assessment 2008."

thank for sharing

as far as i know, NO.

only for masters and phds. not professional papers.

CFA exam results out in 2 weeks @_@

Had a question in my mind..

Let's say I graduate when I'm 22 years old (common age).

Then I have two options:

(i) Start working in IB.. Enter through internship..then junior analyst, then associate etc.
(ii) Direct into CFA programme

I wouldn't want to work and study at the same time, coz I don't think I'll be able to.


The duration comparison of the above:
By the end of a 3 year period,

I assume that with (i) I'll definitely already be at a middle analyst level, and waiting probably one or two years to make it to senior analyst or even an associate. AGE: 25

I assume that with (ii), I will still have to enter as an analyst, doing freshie tasks.
AGE: 25


That's my dilemma. Whether it's a wrong perception or not, kindly advise.

This post has been edited by entryman: Jul 17 2010, 11:20 AM

As far as i know, nobody do CFA full-time (not like ACCA). Most study for it while working.

In worst case, people just resigned from their jobs a few months before the exam and studied for it.

Yeah, after some thinking, I guess what makes it more valuable is the challenge it poses to full time professionals, i.e. work and study.
Gotta endure 2 to 3 years of lack of sleep, especially if in IB..

What industry are you in?

Financial industry of course

Hey guys, Im not sure if this has been asked before or not. How often does the curriculum change? Im currently doing ba. finance and thinking of start reading the material for level 1 and 2. But might be taking the exams after graduate. So hopefully can prepare earlier. Any advice?

The materials won't change much and drastically from year to year. Don't worry.

Any1 wanna sell the textbooks for level 2 and 3?
Selling how much? If not too exp.....wanna consider getting it early to prepare....

Or does any1 know where to get those textbooks? other than register and wait for them to post it....

Thanks yo~~~~

jasmine_angel23, do u have the level 1? Im looking for level 1 to read.

So sorry, i'm doing level this dec 2010...so still needing it....