标题: 48 months of Professional Work Experience [打印本页] 作者: hardwork24 时间: 2011-7-11 18:30 标题: 48 months of Professional Work Experience
Hey guys,
So I'm pretty confident I passed level 1, and with hopes of starting prep for level 2 in October 2010, I want to make srue my job qualifies as professional work experience so I'm not burning time.
I work for TD Waterhouse Discount Brokerage (IIROC member) and I'm a fully licenced IR and can execute client orders on any market arround the globe for equities, fixed income and options. This role however is simply order execution, I do not advise clients on any of their purchases nor do I use quantitative analysis.
If you have a clear understanding of the work guidelines, please comment. My honest thought is that this role does not qualify, and I will need to transition to a role like an Associate IA, IA, FP etc to start actually logging hours.
Matt作者: waldziuchna 时间: 2011-7-11 18:30
It depends. If you are seeking best execution for your clients you should be fine. Think "adding value" to the decision making process.作者: siavosh 时间: 2011-7-11 18:30
Well my firm is seeking best execution through our order entry system, we route orders to multiple exchanges and get the best possible fill. I have nothing to do with this process though, its all automated.作者: mnieman 时间: 2011-7-11 18:30
Yeah this should be fine dude. I think the rules are generally for people who are working as actors, in construction, odd jobs,, not in investment finance.
although, if they do pass all levels, Shoot, i say give the charter to them!作者: burnsy562000 时间: 2011-7-11 18:30
I think you'll be fine Matt...
Your in the investment industry gaining experience, wether you are advising or not, your learning and gaining from your experience and will be a better investment professional because of it.
Where in Canada do you work for TDW?
Cheers作者: kamara5 时间: 2011-7-11 18:30
Do you think Corporate Finance/Accounting work experience counts towards this??作者: RobertA 时间: 2011-7-11 18:30
i didnt think auditors counted....作者: ramzes 时间: 2011-7-11 18:30
What happens if you pass all the levels but don't have 48 months? Technically, you aren't a Charter holder until you complete your 48 months, right? So what would you be instead of Candidate for Level ___ ? "Candidate for CFA Charter pending 48 months of professional work"?作者: Bulla564 时间: 2011-7-11 18:30
You have to spend 50% of the time or more in the decision making process adding value. If thats true then yes, if not then better find something else.
I think you should post your question on the 'general discussion' forum Matt. Plenty of charterholders are active on there and they should be able to help you out.
