CFA Citation investment, registered, currently, reference, position

hanvinh

I am currently completing a cover letter for an investment analyst position and am waiting for Level 1 results. I was not sure how to exactly make reference to my current status...do I still state 2011 Level 1 CFA Candidate (even though I am not technically registered for any exams at the moment)? Or can I state that I am awaiting results from the June 2011 Level 1 CFA exam? I would assume the latter but want to be sure as the firm has a number of charterholders.

I appreciate any input...Thanks

draz

should be "Level 1 candidate in the CFA Program"

You are candidate from the time your registration is confirmed till the time you results are declared.

If you pass you can write "Passed Level 1 of the CFA Examination in June 2011".
If you fail you have no status, unless you register again and your registration is accepted.

kamara5

Yes, cfabombay is correct. I actually did the same for my resume. However, I do wonder if that provides any leverage at all. I have seen some people who have put that in their resumes, and I was very very skeptic of even mentioning it before getting the results (superstition maybe ;p), but a friend was urging me to. I guess it couldn't hurt no?

JRossSter

before the june 2011 level 1 exam, i had "something" attached to my name to suggest that i was a level 1 candidate. i don't see that anymore when i log in on the CFA website(after writing the june 4 2011 level 1 exam). i thought i would remain a level 1 candidate until the results are out.

sgupta0827

zinamarina Wrote:
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> However, I do wonder if that
> provides any leverage at all. I have seen some
> people who have put that in their resumes, and I
> was very very skeptic of even mentioning it before
> getting the results (superstition maybe ;p), but a
> friend was urging me to. I guess it couldn't hurt
> no?

Mixed results. But in general: no, it doesn't, unless you can supplement it with something valuable like good internship or work experience, or a prestigious degree.

"L1 candidate" means you were able to shell out $800 to register for an exam. That's it. You haven't accomplished anything.

pogo

I think it helps for entry level people, particularly if you have few meaningful internships or other experience. It shows that you've thought about a career in finance, and have taken some initiative to look into credentials that might help you in the future.

Penny-wenny

Agree with princealley and ohai! It can definitely add value to your resume but don't assume you'll get places based on CFA Level I alone.

Bulla564

princealley Wrote:
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> Is some non-US markets even candidacy in the
> program sends out a strong signal, especially if
> you're not out of college yet....

Funny, I'd have thought the contrary. In Europe (ok, well in Switzerland), I feel like the CFA is regarded as yet another standardized American test. I remember my quant professor talking with a very french arrogant attitude towards it (so maybe it's just the academia world). Whereas now that I'm in NY, people seem to value it more. Anyway, I graduated over 2 years ago and I've been in my job for over a year and a half so I guess I'll put it anyway.
Thanks for your insights