Ok, so i got a BB IBD SA offer. On my resume I wrote that Im a CFA® level I candidate, taking the exam in June, but I wasn't signed up yet. I got the offer in November, wrote the resume September/October, so there was still a lot of time.
But then my financial situation changed drastically, and I was no longer in a position to spend that kind of money on a superfluous certificate. I was hoping Ill get a stipend but that never happened.
And now Im a bit worried - I dont know if my bank is already done with background checks, I dont know whether this is important or not. The CFA® sign up deadline is 17th March. What should I do? Stay put or write HR and let them now of my changed status?
Thanks for the help guys.
Why don't you just tell them you are now a CFA Level 1 Candidate taking the exam in October/nov/dec/whenever due to financial reasons.
This --- all you have to say is that in preparation for your job/internship you've decided to delay taking the CFA until the school year when you have more time and your financial situation improves.
To answer coffeebateman's response, you're not a candidate unless you are registered for the exam and have paid your dues. That's the only way you can put candidacy on your resume. Otherwise you're conducting misrepresentation, against part of the CFA code of ethics.
With respect to your offer, if it comes up I would be candid with HR, maybe ask for sponsorship for the December exam.
jesus. I could see someone saying this during recruiting, but on a completely anonymous messageboard? what a dork. let us all pray we don't end up like that.
AssociateGuerilla has got it right here. You've got to pay to play. Just be honest, look for a scholarship for the fees.
Sh*t... Should I beg my family for the money and get enrolled real quick? It seems I did a big no-no.
Contact your local CFA society and and see if you can get a sponsorship in full or in part. Also, are you in any other organizations that have Chapters in your area? Maybe you can hit them upfor money.
http://www.cfainstitute.org/society/societies.html
Hope this helps.
dont sweat it... its nothing, and nobody cares about a level one candidate, nobodoy even checks, cause a level 1 candidate is nothing.. homeless ppl with 500$ to lose are L1 candidates...come on man jsut tell them you bought the Schwesers prior to signing up and started studying, but never paid the official CFA dues...and now you cant cause your shirt on cash
I'd question how you could even be a candidate. If you're going to be a SA, I'd assume you're a junior, and CFA is pretty clear that you have to be in your final year of undergraduate to be eligible.
That said, it's not going to be a big deal in background check.
I disagree. We rescinded a offer in a very similar circumstance and we made sure our business associates knew about this guy too.
Kidding... not a big deal.
exactly...no one cares dude...CFA is close to useless in banking....HR even wont bother to check. Just take it off your resume when you apply to FT jobs
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