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They approved my work experience

Submitted Work Experience Months: 48

Approved Work Experience Months: 48

Probably going to start crying any second - literally so joyed. 

Just need to have a passing score.

¯\_(ツ)_/¯ It be like that sometimes.

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How does it work? Do you need to ask previous (and current) supervisors to write reference letters? Or is it an official process through employer’s HR Dept?

Not official and not HR just submit a link with their deets and email and if they are both CFAs you only need two references but if not then three people. Everything is done online.

I got approved pretty quickly within like a week. Now just hoping for a pass. Fingers crossed.

I used a colleague and supervisor of mine who are both charterholder. The rest of the app hasn’t been approved yet, but I’m anticipating that part can’t be harder than the work experience tidbit. 

¯\_(ツ)_/¯ It be like that sometimes.

Do your references need to sign anything?

I have about 46 months of work experience as of today. Is there any benefit of getting these 46 months ”cleared” and submitting the last 2 months after getting the results and hitting the 48 month mark?  

If you're the first out the door, that's not called panicking

Well, I didn’t even though it was possible to clear your work experience like that haha

It ain't what you don't know that gets you in trouble. It's what you know for sure that just ain't so.

So what happens now? If you pass, do you only need to pay for the membership fee and as soon as you pay you would get the charter?

Torsten55 wrote:

So what happens now? If you pass, do you only need to pay for the membership fee and as soon as you pay you would get the charter?

if I pass I automatically get approved for the charter. You pay your fee for every year you’re a member. 

¯\_(ツ)_/¯ It be like that sometimes.

ALBAREGINA wrote:

Not official and not HR just submit a link with their deets and email and if they are both CFAs you only need two references but if not then three people. Everything is done online.

Yeah, 2 CFAs that are in the same charter (city)

I’m in Singapore. I have 2 former supervisors support me, Both CFA, but since one is in Melbourne, the other in HK, its not good enough. And i need a third one.

Silly rule really. Anyone else come across this issue?

keroppi3785 wrote:

Do your references need to sign anything?

Its an online survey they have to do.

Sorry for being ignorant - you still did not pay for the membership and you will get CFA charter automatically if you pass? That does not sound right to me. I thought that once you get approved and pass the exam, you finally have to complete the payment in order to be able to claim the charter. Otherwise, you can declare yourself as “Passed CFA Level 3”, am I right?

Conundrum wrote:

ALBAREGINA wrote:

Not official and not HR just submit a link with their deets and email and if they are both CFAs you only need two references but if not then three people. Everything is done online.

Yeah, 2 CFAs that are in the same charter (city)

I’m in Singapore. I have 2 former supervisors support me, Both CFA, but since one is in Melbourne, the other in HK, its not good enough. And i need a third one.

Silly rule really. Anyone else come across this issue?

From where did you read that? Sounds like a pretty weird rule. 

If you're the first out the door, that's not called panicking

Codtrawler87 wrote:

Conundrum wrote:

ALBAREGINA wrote:

Not official and not HR just submit a link with their deets and email and if they are both CFAs you only need two references but if not then three people. Everything is done online.

Yeah, 2 CFAs that are in the same charter (city)

I’m in Singapore. I have 2 former supervisors support me, Both CFA, but since one is in Melbourne, the other in HK, its not good enough. And i need a third one.

Silly rule really. Anyone else come across this issue?

From where did you read that? Sounds like a pretty weird rule. 

https://www.cfainstitute.org/en/membership/join/references

@ceo-10k : can you elaborate step by step on the website. i kinda confuse with the the website instructions.

"Let's kill him properly this time" (Thor - Endgame)

https://www.youtube.com/watch?v=N5I6235vlok

FRM Holder - 2012
Passed CFA Level III - 2019

If you applied, got approved, and paid prior the release of the results. On the day of the results if you passed you will find the three letter beside your name right away and of course you can use the charter immediately (update your LinkedIn and print business cards).

Applying for the membership doesn’t require passing level 3 or level 2, just passing level 1 is enough (plus other requirements).

I did this in May…. paid  my dues pro-rata to june, then paid renewal for the june-june year… i was overly eager…

like already posted, when you pass you get letters immediately if $$$ is paid

I’m willing to pay top dollars to get the results early, wish there was this option by CFAI.

Is it possible to get work experience approved and everything else ready (except paying the due) before the results release? Not willing to pay for the membership in case I end up not passing for some reason. 

If you're the first out the door, that's not called panicking

Exactly what I am thinking Codtrawler87. I am kind of trying to get everything ready before the results come in, except for the payment.

Codtrawler87 wrote:

Is it possible to get work experience approved and everything else ready (except paying the due) before the results release? Not willing to pay for the membership in case I end up not passing for some reason. 

“Work paid for that” - Lil Dicky

¯\_(ツ)_/¯ It be like that sometimes.

CEO10K-DAY wrote:

Codtrawler87 wrote:

Is it possible to get work experience approved and everything else ready (except paying the due) before the results release? Not willing to pay for the membership in case I end up not passing for some reason. 

“Work paid for that” - Lil Dicky

Good point, I hadn’t even thought about asking. But still it would be nice to know if it’s possible to just leave the payment til the results date. 

If you're the first out the door, that's not called panicking

Do we get a charter straightaway if we make membership payment on the day of level 3 results? (assuming we pass and work experience is pre-approved)

MoneyGeek wrote:

Do we get a charter straightaway if we make membership payment on the day of level 3 results? (assuming we pass and work experience is pre-approved)

I don’t know how long you have the option to submit a payment once they approve your application. Work experience being approved is only half the battle, the other half is them approving your application. Only then, are you allowed to “join” and then pay.

Seriously guys, are you joking? It’s only $350.00. If you’re sweating about 350 bucks, then maaaaaaaaaybe you need to find another career. Y’all wanna go manage money and are aching about tree-fitty? 

¯\_(ツ)_/¯ It be like that sometimes.

Well you really have to know, not everyone who studies for CFA lives in the same part of the world and salary discrepancy among different countries, no matter whether you are in finance and are a CFA candidate, can be quite a lot. You are probably from US/UK, between 25-30 (or less judging by how you talk to people on this forum), have no family to support to, you are definitely in finance (approved work experience), have no mortgage to pay (or it is very small relative to pay). Some people here, including myself, prefer to spend money more efficiently. Now imagine living in Europe (not UK, Switzerland, Germany and France) and you would be surprised how many people here would not want to throw it away just like that.

No need to act like a d*** just because you earn more. And remember, the amount of money you earn does not make you any better money manager than your counterparts in different parts of the world.

Wow.

CEO10K-DAY wrote:

MoneyGeek wrote:

Do we get a charter straightaway if we make membership payment on the day of level 3 results? (assuming we pass and work experience is pre-approved)

I don’t know how long you have the option to submit a payment once they approve your application. Work experience being approved is only half the battle, the other half is them approving your application. Only then, are you allowed to “join” and then pay.

Seriously guys, are you joking? It’s only $350.00. If you’re sweating about 350 bucks, then maaaaaaaaaybe you need to find another career. Y’all wanna go manage money and are aching about tree-fitty? 

I don’t really see the benefit of paying it before getting the results. Yeah, you’ll have the letters a little earlier but I don’t think that is worth the 350. I know a lot more fun stuff to do with an extra 350 than being a member of a cfa society as a LIII candidate. 

If you're the first out the door, that's not called panicking

CEO10K-DAY wrote:

MoneyGeek wrote:

Do we get a charter straightaway if we make membership payment on the day of level 3 results? (assuming we pass and work experience is pre-approved)

I don’t know how long you have the option to submit a payment once they approve your application. Work experience being approved is only half the battle, the other half is them approving your application. Only then, are you allowed to “join” and then pay.

Seriously guys, are you joking? It’s only $350.00. If you’re sweating about 350 bucks, then maaaaaaaaaybe you need to find another career. Y’all wanna go manage money and are aching about tree-fitty? 

Didn’t you mention on WC that you just broke 50k in salary? If I were you, I’d keep socking away every penny . 

If you're the first out the door, that's not called panicking

Codtrawler87 wrote:

CEO10K-DAY wrote:

MoneyGeek wrote:

Do we get a charter straightaway if we make membership payment on the day of level 3 results? (assuming we pass and work experience is pre-approved)

I don’t know how long you have the option to submit a payment once they approve your application. Work experience being approved is only half the battle, the other half is them approving your application. Only then, are you allowed to “join” and then pay.

Seriously guys, are you joking? It’s only $350.00. If you’re sweating about 350 bucks, then maaaaaaaaaybe you need to find another career. Y’all wanna go manage money and are aching about tree-fitty? 

Didn’t you mention on WC that you just broke 50k in salary? If I were you, I’d keep socking away every penny . 

Yeah but I’m on track to make like 260k by next year. I’ve already started looking at different colored teslas.

¯\_(ツ)_/¯ It be like that sometimes.

So you are making a below average salary in finance in most areas in the US but you are “on track to make like 260k by next year”. You might wanna double check with the person who made you such a promise (if there is one at all).

Good luck

Torsten55 wrote:

So you are making a below average salary in finance in most areas in the US but you are “on track to make like 260k by next year”. You might wanna double check with the person who made you such a promise (if there is one at all).

Good luck

You couldn’t tell the sarcasm in that? Like, for real? Too funny.

¯\_(ツ)_/¯ It be like that sometimes.

Nah I really could not tell because you never know who you come across on the internets.