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myb747 Wrote:
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> Hi all I am contemplating on resigning from my job
> to study L2 exam.
> Do you think it worth the risk?
> Considering the job market sucks right now, what
> are my chances of getting another job?
> My background is I work for the govt. as a
> Financial Analyst, thinking about moving to
> private sector.

Bad idea. A friend of mine did that several years ago because he also wanted to focus on Level 2. Everybody told him it was a bad idea but he quit his accounting job anyway. He ended up not taking level 2 because he felt underprepared and couldn't find a job for almost a year until he started working as a waiter.

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I work for for the State govt.
During the week of the CFA exam, we are presenting the budget to the public ie. that is our busiest time of the year!
Last year while I sat on L1 my boss did not allow me to take any vacation until the budget has been passed (in Mid June).
That was the reason why I contemplate on quitting.
After reading the response, I change my mind...

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I can't take any vacation until mid June...

Any ideas on sick leave for the 1st week in June

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if i were u i would do that if i can afford it

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I have a different perspective. I did resign from my job to study for a year however I also had a baby at the same time so really it is a year long maternity leave I am taking.
I have a friend who did this 2 years ago. He resigned and studied for a year although he hated his job. He passed level 2 on the first try and he said there was a HUGE difference in employer interest once he passed level 2 and had a job within about 3 months. He also got that job a little over a year ago when the economy was in much worse shape.
It is a big risk and I wouldn't do it just to pass the test but if you have a good reason like you hate your current job or you work a lot of hours and can't find time to study etc it may be worth the risk. It probably also matters where you live and what kind of local economy you have. I am in Chicago and there appears to be quite a few jobs here right now as I know a lot of people who have been hired/ made job changes in the last year.

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What if you are really, underemployed? I live in San Francisco and fear the thought of not having something to get by on but at the same time it's getting hard to justify staying in this stupid job and needing to study to pull this out.

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