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August 31, 2026
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Not enough info.
Level I should be sufficient... not an easy test for someone lacking a finance background.
And you should begin networking as soon as possible.
What I've been told continually from different finance professionals is the CFA Lvl 1 doesn't move the needle too much, it's mostly a review of what you would learn with a Bachelors in Finance. The Lvl 2 is where employers start to take notice if you pass.
That being said always network as soon and as often as possible and continue to apply for places always citing that your a candidate, etc.
100% right, I'd say. L1 doesn't say much except that you're competent, whereas L2 is the real game-changer in terms of the "this guy is serious" idea.
Be careful not to get stuck as an IT guy, however. Plenty of guys start out with good enough intentions but get stuck on a completely different track. It's easy to get caught in the motions of working by day and studying by night in the hope that the CFA will land you the career you want.
If you've got more than 2 years in IT, you might need something more drastic than the CFA. As well, if you're starting out, don't spend more than 2 years in IT, as it'll become a hindrance fairly quickly. You get categorized as an IT guy very, very quickly.
L3 Candidate. All i can tell you is that neither will help you break in. Unless you're talking with a Charterholder, the CFA exams will only be talking points. Thats it.
Quick question: CFA Level 1, or 2, and 3? (Originally Posted: 09/23/2017)
Just have a quick question about job hunting.
Should I pass level 1, levels 1and2, or all 3 levels of the CFA exam by the time I finish a MBA?
I want to become a financial analyst at anywhere that pays enough to survive =)
Gotta add more of your background and do you mean corporate finance?
I'd say at least level 2. I don't think level 1 carries any weight at all. It is just too easy and most people who know about the CFA will know this.
Each level requires a tremendous amount of time and effort. Hard to answer this without knowing when you expect to finish your MBA... Why don't you register for the June '18 L1 exam and go from there.
At least Level 2. Anyone can pass Level 1 with 2 to 3 weeks' preparation.
Level 2 is a must if you want to get something out of it and give yourself an edge.
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