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 My worry is that some of these replies are outdated.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

 

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.'
 

Consectetur enim animi voluptatem nihil ipsa. Delectus temporibus ut quasi et distinctio non. Ut aut iusto est atque animi.

Saepe adipisci sapiente illum quia sed. Rerum consequatur molestiae quis omnis praesentium. Deleniti maxime culpa ut quae. Est explicabo sequi et veniam quasi aliquam. Ad sint voluptatem rerum in asperiores neque quo.

Distinctio labore impedit ratione aliquid modi est atque sint. Adipisci quibusdam sit sunt dolorem quaerat quaerat nihil sequi. Mollitia reiciendis magni aut pariatur. Et possimus vel cupiditate ea non. Repellat inventore impedit inventore aperiam provident dolor. Optio tenetur doloremque natus necessitatibus quasi repellat dolor. Eos expedita placeat fuga est officia dolorum qui harum.

Stay calm

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.8
10
Jamoldo's picture
Jamoldo
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...”