Would passing level one of the CFA as an undergraduate help recruiting for ER?

Hello, I'm a sophomore at a target school (its liberal arts tho) trying to get into restructuring/IB/equity research. This recruiting cycle isn't going to hot. I realize its early in the cycle but all I've heard is nothing. I am signed up to take the level I of CFA and SIE in august because I do not have an internships lined up for the summer. Do you think this will help me get an internship?? 

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