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re: CFA Level II Books/Prep Question

Posted on 8/2/13 at 4:20 pm to
Posted by Mootsman
Charlotte, NC
Member since Oct 2012
6025 posts
Posted on 8/2/13 at 4:20 pm to
Also is this true?

quote:

Before you can become a CFA charterholder, you must have four years of investment/financial career experience. To enroll in the program, you must hold a bachelor's degree.


Read that on Investopedia.
Posted by southernelite
Dallas
Member since Sep 2009
53177 posts
Posted on 8/2/13 at 5:09 pm to
quote:

Before you can become a CFA charterholder, you must have four years of investment/financial career experience. To enroll in the program, you must hold a bachelor's degree.



Yes. You have to be degree in process to take Level 1. Then for 2 & 3, you must have a degree. Your 4 yrs experience can come after you've taken all the tests, you don't need the experience to sit for the tests.

And yes, quite expensive, by the time I got my passport up to snuff and all, I'm around $1300-1400 for Level 1
Posted by Chris Farley
Regulating
Member since Sep 2009
4180 posts
Posted on 8/2/13 at 5:10 pm to
Yes and yes.

I wouldn't worry about the 4 years though, very very few people pass all 3 exams on the first try and even if you did you would just have to wait a year to get your certificate. You could still tell potential employers that you had passed all exams and are fulfilling your work experience to be eligible for your charter.
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