There's been quite a few threads about the CFA recently, and I'm curious here. I'll reach a year of unemployment come May, and all I can really say for the past 9 months is that I tutored the GMAT and passed Level I. It seems to be the stock advice for everyone who is having trouble breaking into finance to pass Level I, and then something will happen. Well... I passed Level I, just in time for a fresh batch of applications at the end of January, and nothing. My question is does Level I even really help? Do you have to pass the real tough one (Level II) before it's legit? I'm taking level II in 4 months, so should I count on having to pass that for any real shot?