CFA I - Register or Refund?

So the exam got pushed again. I planned to write last June and it seems I may not get the chance for all of 2021 at the rate COVID is being handled. 

I get it's better to study and expect to write it, but after doing that twice, I just want to know whether I'll actually write the exam I'm registered for before dedicating another set of hours refreshing this material for what will be the third time.

I'm debating on registering for May or August 2021 or just saying screw it, I'll write it in 2022 when COVID finally blows over a little. 

What's everybody's view on this?

14 Comments
 
[Comment removed by mod team]
 

From here on out they are all computer based, I believe, and you'll be in a prometric type test center. Here on out there really, pending some massive wave of black death, be any excuses to cancel exams. You may run into capacity or scheduling challenges, but that's it at this point. 

 

Do you have a desperate need for the money?

Are you looking to go into asset management?

Are you getting cold feet?

Around here it's easier to count those who don't have their charter than those who do. You really want to push for it.

Also, I don't know about you Addinator, but I really HATE those Prometric centers, and would kill for the big conference hall instead.  If the securities exams and CFP weren't such jokes I probably would have failed.

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
 

I have done both and would probably prefer the prometric centers because at least the cubes are private.  Could the prometric centers handle all of the people for a sitting?  That is a lot of people.   There must have been 1,000 people at the testing center I used in NJ.    There was nothing private about sitting at those conference tables.  

 
Most Helpful

financeabc

I have done both and would probably prefer the prometric centers because at least the cubes are private.  Could the prometric centers handle all of the people for a sitting?  That is a lot of people.   There must have been 1,000 people at the testing center I used in NJ.    There was nothing private about sitting at those conference tables.  

Meadowlands Expo Center in Secaucus?  That's actually where I sat. I think it was actually closer to 2k people.  All the restaurants in the plaza got overwhelmed and people spent most of their lunch breaks waiting in line.

Pro-tip: don't eat right there (the food sucks anyway) Go to Giovanni's on Centre between 5th and 6th in town.  They make their own Mozzarella and the sandwiches are amazing. I used to work right there and going to the office before the test and eating lunch there was a big help.  As a bonus, I would leave the other half of the (huge) sandwich in the fridge and have a treat for lunch on Monday.

Friends took it at Javitz, and from all I heard that's an even worse shitshow.  There's no way to hack it there.  It's a desert over there, I'd actually prefer the overflow hotel in midtown.

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
 

I said fuck it and pushed it to February. Gives me more time to learn the rest and review, plus some time to relax and maybe learn something else before hitting the books more intensely.

Quant (ˈkwänt) n: An expert, someone who knows more and more about less and less until they know everything about nothing.
 

Going through this dilemma myself. I am scheduled in December. Supposed to take it in Hartford cuz it was the closest place open at the time, but I am worried about the location closing and wasting my money. I am thinking about pushing it to February, but just not sure how the computer exam might be different than what I was preparing for as a written version.

 

Yeah I considered that too, but at the end of the day it'll just give me more time to review. I was already considering it so this decided it for me. People on r/CFA have been freaking out about it so much, understandably so. Good luck.

Quant (ˈkwänt) n: An expert, someone who knows more and more about less and less until they know everything about nothing.
 

Perspiciatis repellendus quos et. Nam labore modi eligendi autem. Sit id enim dicta repellat.

Minus ab enim dolorum magnam illum. Qui recusandae expedita quod saepe. Veniam et laboriosam possimus non.

Omnis inventore beatae libero asperiores libero. Aut aliquid perspiciatis placeat nobis earum. Eum cum dicta quasi. Eos perferendis quasi amet distinctio eos in.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”