CFA work experience required all, experience, understand, completed

lc26mizzou

Hi guys,
I have just passed L2 and I’m going to register for L3. I hope you could help me to understand better the work experience required to achieve CFA charter. I know that it’s really early, but I hope to better understand this point decide the best time to take L3
I have read that you need 4 years of work experience, so if you don’t have it, even if you passed all 3 levels, you could not become CFA. is realy true?
If yes, once completed the 3 levels, what you have to do?
and as work experience, what is possible to include? also master or school work?
and at last, in general what are the steps after completed the 3 levels to complete membership?
Many thanks

Andreas42

That’s to become a regular member, but without the letters after your name.

WarrenB1

thanks, I have also another questions…
in Becoming a Member on CFA website I have found:
To become a regular member of CFA Institute you will need to:
Hold a bachelor’s degree from an accredited institution or have equivalent education or work experience
Pass Level I of the CFA exam or pass the self-administered Standards of Practice Examination
Have 48 months of acceptable professional work experience in investment decision making
Provide professional reference statements
Agree to adhere to and sign the Member’s Agreement and the Professional Conduct Statement
Pay annual dues
So I don’t understand why it indicates Pass L1 and not L3. Maybe I’ll be missing something. Can I apply to membership also before to gain all 3 levels?
Many thanks

kamara5

Here you go
http://www.cfainstitute.org/about/membership/process/Pages/work_experience.aspx
http://www.italiancfasociety.it/join_the_society.aspx