CFA - Level 1

I got a simple question but no specific answer. I´m a little bit confused since I red a few different replies on other forums. My worry is that some of these replies are outdated.

Is it possible to join the CFA-Level 1 exam during the first year of my bachelor?
I know, the official CFA website says that you can join the CFA Program only when you are in the final year of your bachelor, but I want to join only the level 1 and not the whole CFA program.

Best regards

RB

5 Comments
 

No, you are not allowed sign up until your final year (although some do the summer before they begin final year).

Literally you could sign up for it and lie, but it probably isn't a good idea to lie on your sign-up form.. It can come back and bite you in the ass when you actually do pass all three exams and apply for your charter since they review your profile.

 

You're in no rush to do the CFA if you're in your first year. The content will make you cry. I'm passing it in my final year (as we speak) but only because it's a part of my BSc. From experience, I'd say you will not find the time to revise properly for it. Also, no insult intended, but I've not met a year 1 bachelor student (coming out of high school) who has the work ethic to study for Level 1.

EDIT: Suggestion: Why not take your time in the next 2/3 years to go through all the material and understand it all properly alongside your studies? You'll be ready to sit the exam as soon as you're allowed to.

'Corruption? Corruption is government intrusion into market efficiencies in the form of regulations. That's Milton Friedman. He got a goddamn Nobel Prize.'
 

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