What's next if we pass?

Say on August 12 we get a pass and we have the 4 years experience already under our belt, what’s next?

Can someone run through what needs to be after this in terms of submitting the application for the charter?

I had a look on my CFAI account, am I able to fill out this page and start the ball rolling now?

How complicated and how long does it take to be awarded the charter?

Not saying I’m going to pass but I’m guessing my chances are greater than 50%.

As far as I know:

  • apply for the Charter at CFAI, incl. your local society
  • simultaneously verify professional experience
  • sign and pay and name your references
  • according to the previous years, CFAI will confirm/award the Charter beginning to mid September, although the certificate will be distributed later on.

Clever, I would highly recommend getting the ball rolling now. The membership application was simple and straightforward to fill out - took only a matter of minutes. As far as the references, each of mine took no longer than 10 minutes to fill out their portions. The work experience requirement needs to be approved first by CFAI and then by your local society. If you wait until August 12/13 to do this, you’ll likely grow impatient as everyone who gets a L3 pass will be doing it at the same time. From what I read last year, it’s wise to get this done ahead of the results e-mail if you’ve got the 48 months.

I completed the application last week, submitted it, and my work experience was approved within 48 hours. I’m now waiting on NYSSA to approve it and I’ll be in a good spot if I’m fortunate enough to receive a pass e-mail in August. I won’t be paying membership dues until then though, as I have no interest in being a full member without the privilige of using the letters (you can get this all done (i.e. the work experience approval, references, etc.) before paying dues).

Okay, you obviously can arrange all the above to accelerate the process to get the charter, and as you wait with paying dues, the regular membership is still pending.

Is already anybody hear a member if your local society?? I assume that the local society provides for support concerning the references, right? Any ideas on that?

And, in addition: if I apply for a regular membership at CFAI, I´ll be automatically a member of my local society, is this also correct?

I believe that you’re forgetting the first (and most important) step: party like there’s no tomorrow!

Seems even more important than paying dues, but I think all L3-Candidates are waiting for the August results first…

I will still have to wait ~2 years for work experience…

drinks tons of alcohol.

The stipulation was that he’s waiting until August 12:

And make sure that it’s the good stuff.

I clearly missed something. How is this possible? Every form I have seen with work experience and references has a mandatory credit card field.

Any help is appreciated.

I was able to complete my application with three references (I used a direct supervisor, another VP, and a coworker) and work experience and submit it to CFAI and NYSSA. CFAI was the first to approve and now I’m awaiting approval from NYSSA. After that, I will have to complete a professional conduct statement or something and pay dues. At no point during that process was I prompted to enter payment information.

Went to the website -> signed in -> clicked on my name -> then clicked on ‘manage applications’ and began my application.

If you follow this link (http://www.cfainstitute.org/community/membership/process/Pages/application_status.aspx), you’ll notice that under the ‘Approved’ status, “your membership may need to be activated by paying dues or filling out a Professional Conduct Statement.” This leads me to believe that anyone can do it the way I did.

get that escort youre always afraid of getting

Wgats next?

first you get the money. Then you get the power. After you get the power then you get respect.

Sometime in the next couple of weeks, you’ll all probably get an e-mail saying, “Why don’t you go ahead and apply for membership? Here’s what you need to do.” It will tell you all the stuff you need to do.

However, it’s not a “sneak peek” saying that you passed. There was a big brouhaha about it last year.

One thing I would NOT do personally–that’s pay anything to CFAI. Until you know you passed and your references and work experience come back OK, I would be very leery of parting with my money.

right…

For a slightly different situation, say you find out you passed level 3 in Aug, but only have 1 year of experience… then what?

Intend to do this either way, just reason would be different :slight_smile:

Then you wait three years until you have four years of experience - then you start paying dues to use the letters.