crazzzy kid.
So I work at ibank firm and we are mid-sized, nothing too big or interesting...
Then friday, this kid walked in and was looking for a part-time gig. And you know, he looked young and inexperienced, a tender age of 17..... and I was just about to tell him to take a hike and spend a few more years in school before coming back. Then I saw his resume....and HOLY SHIT.
Apparently he is a part-time freshman in a nearby college, a medicore non-target school in the top 80 (?), i personally never thought much about the college...well until now
But this dude already passed the NASD 7, 63, and 65 exams with flying colors and he also done teh CAIA and CFA level I....apparently he interned with a firm a while back adn they sponsored him and everything. (?!?!?!!?!?!)
Plus a solid GPA/coursework and a laundry list of leadership ECs that ran over a page...he even started 2 real successful businesses....i was like WTF...
the guy is also well spoken and i guess pretty smart, and wow....i remmeber the 80s when i was a dumb college kid...
whew, those crazy peeps
how did he do the cfa I when he's only a freshman?
how can a part time freshman do the cfa I?
That was me
You can't do the CFA level one until your senior year of undergraduate college. The CFA institute requires that as a bare mininum, or a bachelor's degree.
I did the CFA level one in my senior year. Could not have possibly done it earlier.
Neither can you do the CAIA (I think).
I think there might be a sizeable amount of lies on that resume... Or the OP is making up a fake story.
yes.thats what they say.but how can they verify you are actually in ur senior year.they dont check that.there are thousands and thousands of level 1 candidates all over the world in remote countries.the situation changes when taking level 2 because they require a copy of the diploma. i think that for level 1 they just require you to say "yes im in my senior year...".theyll take ur word for granted. so,its pretty easy even for a 17 year old to pass the level 1 since CFA institute wont check that up.
CFA requirements: Have a U.S. bachelor’s (or equivalent) degree, be in the final year of your bachelor's degree program, or have four years of qualified, professional work experience or a combination of work and college experience that totals at least four years.
If this guy was a part-time student and didn't go straight from high school, he could have 4 years combined work and college.
The four years of work experience cannot be part time or internships. Also, it has to be from a financial institution (specifically in fiance), not a job selling orange juice....
Oh OK well then the kid is lying then.
OP: Was his name Alexey?
No, there is only two posts by the OP. I think that the either the OP is making up a story or the kid interviewed make a fake resume, probably with the help of someone in the industry. (or googled resume's....)
I usually do not handle the resummes/man resource deal but there was no one else available when he came in, late on a friday afternoon, so I just talked to him briefly. His name was David and it had a long last name.
He sounded like he knew what he was talking about; although we certainly did not talk beyond 20 minutes as I had a load of other shit to do; it was friday. We didn't dwell anything beyond the basics.
I didnt think too much when I saw the CAIA and CFA designations but I was quiete impressed. I never got those designations, never wanted/needed to, but neverthless, I was just wowed.
Anyway, he is coming for a full-interview next week; so I guess someone is going to get embrassed or he could be working on wall street since like 13.
But I have to say, he is very good at lying and he knew some stuff I guess.
I suggest you ask him for proof of his so-called achievements. As I just said, the CFA level 1 needs a bachelor's degree (or senior year status).
I personally will never even bother interviewing a kid for an internship if he hasn't taken some basic courses in economics and financial markets/corporate finance. (even if I want him to do bitchwork and work the phones)
nuff said.
Instead of taking basic econ/finance/accounting classes, why was he studying for the CAIA, CFA and Series 7? make him bring the documetations (not that these would make him a "qualified" candidate, but I just want to see if he is full of shit)...
So we did interview this kid and apparently, he knows a lot. We were surprised by how much he is learned in. It was a 3 person interview and the young man conducted himself very well and answered every single finance questions with perfection. It was very odd since he readily admitted that he didnt have a CFA/CAIA score but I mean I think if he were to take those exams, he wouldnt have a problem passing.
We interviewed him for about 2 hours. We threw a few brain teasers and valuation questions in along with a couple real life situations.
After the interview, I was honestly impressed. He is a little weak on commodities and fixed income products but overall, esp for his age, he is incredibly knowledgable.
So we are debating wether to actually offer him an internship of some sort; he did openly lie on his resume, yet, we don't across people as intelligent as him very often. He graduated high school at 16. Did a stint with a firm for a year during his gap year, hence the NASD exams and now he is a freshman at the nearby college.
maybe you are getting punk'd by your partners? :o)
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Is his name Aleksey Vayner? lol.
This whole thread must be a joke if you're actually considering hiring this guy. Don't screening processes exist so you avoid hiring sociopaths, among others.
Agreed, I wouldn't trust a thing on his resume after that. Lying about the CAIA/CFA I, which combined is 250-500 hours of studying is pretty stupid.
Vayner's resume was the worst resume I've ever seen...he also claimed to have certifications (the CTP) which he didn't have. Not only that, but making up fake companies with fake websites that claim that he was a "portfolio manager" and director etc,etc..
I still think that this thread is a joke, though...
Agreed. If the kid is stupid/immoral enough to lie about something as egregious as having the CFA/CAIA on his resume, what else is he capable of?
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