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标题: Passed, What do you Expect Now? [打印本页]

作者: mouse123    时间: 2011-7-11 18:33     标题: Passed, What do you Expect Now?

Do you expect much better chances at finding a job? Getting promoted? At least getting your resume looked at? None of the above?
作者: evolsteevol    时间: 2011-7-11 18:33

None of the above. Given that level 1 is considered a cakewalk compared to level 2, passing level 1 probably won't make that much of a difference.
I expect the level 2 books to arrive after I register in the next few weeks.
作者: Flok    时间: 2011-7-11 18:33

lol no one even cares about level 1 hahaahha
作者: Micholien    时间: 2011-7-11 18:33

i dun really care about passing lvl 1 from the employment perspective. wont make difference wat so ever...

but from the perspective of having the chance to be a charter holder, it is a big deal.
作者: Maddin    时间: 2011-7-11 18:33

soddy1979 Wrote:
-------------------------------------------------------
> When you pass level 1, hiring managers will
>
> a) know you can put your mind to something
> extensive, and see it through.
> b) know that you have a certain level of knowledge
> about investments.
>
> It won't get you a job on it's own but it
> certainly adds something to your CV.
>
> I didn't get a move to front office after passing
> level 1, but I did get a move to a much better
> role than the one I was in; and to a role that I
> could build meaningful working relationships with
> the analysts, traders and portfolio managers at my
> firm.
>
> And I very much agree with passme. It's a big step
> on the way to becoming a charter holder.

Do you believe that passing level one will help someone who comes from a non-finance background land a job in the investing field?
作者: Kiakaha    时间: 2011-7-11 18:33

I keep hearing negative things about the designation in terms of its usefulness, and expect to hear more of the same in the future. Personally don't care since I took the exam as a hobby.
作者: MonkeyBusiness    时间: 2011-7-11 18:33

amorris7 Wrote:
-------------------------------------------------------

> Do you believe that passing level one will help
> someone who comes from a non-finance background
> land a job in the investing field?

That really depends on what your non-finance background is.

If your straight out of undergrad, with a major in philosophy, then probably not.

However if you have a good few years experience in industry, it might help you get an entry level analyst position covering said covering said industry.

"help" is the operative word here. You can't expect to only bring a pass at level 1 to the table and get your dream job.



Edited 1 time(s). Last edit at Thursday, July 29, 2010 at 04:21AM by soddy1979.
作者: JPSem    时间: 2011-7-11 18:33

L1 will not solve the magic career switch miracle...going to a top 15 B-school and finishing in the top 10% of your class will
作者: waldziuchna    时间: 2011-7-11 18:33

soddy1979 Wrote:
-------------------------------------------------------
> When you pass level 1, hiring managers will
>
> a) know you can put your mind to something
> extensive, and see it through.
> b) know that you have a certain level of knowledge
> about investments.
>
> It won't get you a job on it's own but it
> certainly adds something to your CV.
>
> I didn't get a move to front office after passing
> level 1, but I did get a move to a much better
> role than the one I was in; and to a role that I
> could build meaningful working relationships with
> the analysts, traders and portfolio managers at my
> firm.
>
> And I very much agree with passme. It's a big step
> on the way to becoming a charter holder.

+1

For me, it enabled the transfer from my engineering services to Corporate finance & planning. L1 results were not even out at that time.


Just out of curiosity, what do you call as front office jobs?
作者: jim8z3    时间: 2011-7-11 18:33

at the end of the day, getting a job really just comes down to someone liking you
作者: dotamasta    时间: 2011-7-11 18:33

soddy1979 Wrote:
-------------------------------------------------------
> That really depends on what your non-finance
> background is.
>
> If your straight out of undergrad, with a major in
> philosophy, then probably not.
>
> However if you have a good few years experience in
> industry, it might help you get an entry level
> analyst position covering said covering said
> industry.
>
> "help" is the operative word here. You can't
> expect to only bring a pass at level 1 to the
> table and get your dream job.

I have a BA in psychology. I wasn't so much thinking dream job, but do you believe it would be realistic for me to think I could get a very entry-level job in the industry (e.g. assistant to an analyst, or some sort of administrative work for someone in the industry) after passing level 1.

Once I pass level 2, do you think I could then plan on landing a junior analyst position, or is that still too unrealistic? Where does level 2 take someone who has a non-finance background (BA in psych)?
作者: sdada    时间: 2011-7-11 18:33

amorris7 Wrote:
-----------------------------------------------------
> I have a BA in psychology. I wasn't so much
> thinking dream job, but do you believe it would be
> realistic for me to think I could get a very
> entry-level job in the industry (e.g. assistant to
> an analyst, or some sort of administrative work
> for someone in the industry) after passing level
> 1.
>
> Once I pass level 2, do you think I could then
> plan on landing a junior analyst position, or is
> that still too unrealistic? Where does level 2
> take someone who has a non-finance background (BA
> in psych)?

It will be tough. You have to appreciate that there will be a lot of finance undergrads, along with level 2 & 3 passers looking at the same positions. In your case I would definitely be looking at working and expanding my network.




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