Level 2 while in college? allow, while, college

Penny-wenny

Does CFAI allow this?

Carson

It's not supposed to happen, but I do wonder, if one signed up for L1 while a senior in college (which is permitted), passed L1, but for some reason did not successfully graduate (say you failed a key class your second semester), would they let you sign up for L2? Is there even a check in place that would prevent someone from doing that?

mar350

^ Do you remember if they ask for a degree verification when you register for L1?(I don't remember doing that) If they don't I would think they will let you sign up for L2; but if someone does that, that's a violation of ethics right from the start.



Edited 1 time(s). Last edit at Monday, May 23, 2011 at 11:37PM by skycfa.

yalo

This is on the CFAI website. There's no need for a thread on it.

http://www.cfainstitute.org/cfaprogram/process/Pages/index.aspx

Enroll & Register

Before you enroll in the CFA Program and register for your first exam:

Meet the entrance requirements:
Have a bachelor's (or equivalent) degree
- or be in the final year of your bachelor's degree program at the time of registration
- or have four years of qualified, professional work experience
- or have a combination of work and college experience that totals at least four years (Note: Summer, part-time, and internship positions do not qualify)
- If you initially enroll/register as a final year undergraduate student with a degree in progress, you may not register for the Level II exam until you have earned your degree, or obtained work experience that meets the program’s entrance requirements. At the time your degree is awarded, you may update your account education information to certify that your degree has been received.

HuskyGrad2010

With respect, do not do level 2 during your senior spring.

Spend all that energy on getting tail and getting the job in finance that will reward you for going through the CFA process in the first place.

iteracom

I'll be hopefully be studying for Level II next year while finishing up a Master's in Finance. Any recommended classes that will help me prepare for Level II (will hopefully have passed CPA exam by then)?

eoin

seriously is this what life is all about always grinding always chasing?
ur in college how about having fun, exploring the world /art /music a bit

CPA MSF CFA What No PHD?

Sunshine4ever

bchadwick Wrote:
-------------------------------------------------------
> It's not supposed to happen, but I do wonder, if
> one signed up for L1 while a senior in college
> (which is permitted), passed L1, but for some
> reason did not successfully graduate (say you
> failed a key class your second semester), would
> they let you sign up for L2? Is there even a
> check in place that would prevent someone from
> doing that?


Yes you can. If you worked at all before you were in college then it can go towards your time as "professional work experience".

yuoska

True, but only if you worked in an industry role. Working at pop's car wash or a computer store doesn't cut it.

giorgio10

bchadwick Wrote:
-------------------------------------------------------
> True, but only if you worked in an industry role.
> Working at pop's car wash or a computer store
> doesn't cut it.

Not sure about that. Spoke with CFAI a while back about this provision and they interpreted qualified professional experience to mean anything in which you are paid for your work full time. FWIW, I have previous work that has nothing to do with finance or anything close, and they approved it (Full-time customer service while going to school).

EDIT: I think the key is that someone must enroll as having a combination of school and work when registering for the exams. If you enroll as degree-in-progress I don't think it's allowed.



Edited 1 time(s). Last edit at Tuesday, May 24, 2011 at 01:28PM by el duque.