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When did you first sit for the Level 1?

A lot of people told me the average year for getting the CFA charter is 6 to 7 years. I did actually take the level 1 in 2012 too. And level 2 im 2013 and 2014;  level 3 in 2017 2018…

gosh… my 20s….

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December 2016 

"Between stimulus and response there is a space. In that space is our power to choose our response. In our response lies our growth and our freedom." -Viktor Frankl

December 2015 for me. Waited until 2017 for level 2.

June 2016

June 2016.

I thought the average was closer to 4 years, no?

bazz

December 2016.

December 2016.

December 2016

Exact same as myself

June 2016

Average is 4 years according to CFAI.

L1 Dec 2014 - Pass

L2 2015 - skipped

L2 2016 - Fail band 9

L2 2017 - Pass

L3 2018 - TBD

hopefully im average :p

Not sure I would’ve signed up if they stated average time was 6-8 years…

The dream is now a reality

June ‘16 for me and I’ve heard average is “just above 4 years” so basically one fail along the way

Sat for level 1 on February 31 of 1964

Eze wrote:

Sat for level 1 on February 31 of 1964

Samsies.

Pay close attention to the people who don't clap when you win.

2014: Level 1 pass

2015: Level 2 band 9 fail

2016: Level 2 pass

2017: Level 3 band 9 fail

2018: TBD

Gambler’s fallacy?

December 2014. Considering I started studying in August that year, the CFA program was a 3 year process for me from first cracking a book to receiving the charter, with Level 2 taking two attempts. Two years is maximum potential, and yeah I believe the Institute says the average is about four years.

Dec 16

Don't forget to carry the one.

As I recall, I first sat for Level I at about 8:45 AM.

But that was in June 1997, which was a long time ago, so I may not recall it accurately.  It could have been 8:40.

Simplify the complicated side; don't complify the simplicated side.

Financial Exam Help 123: The place to get help for the CFA® exams
http://financialexamhelp123.com/

2014

I’m a slow one. 2012

June 2015

2015: L1 Pass

2016: Skip

2017: L2 Pass

2018: L3 ???

June 2010: CFA L1 miserable fail

Dec 2015: CFA L1 pass

June 2016: CFA L2 pass

June 2017: CFA L3 pass

Sept 2017: CAIA L1 pass

March 2018: CAIA L2 pass

I took the L1 exam for granted in 2010 and was super discouraged upon realizing just how much effort it took; hence, the 5 year gap between L1 attempts. However, I brushed trepidation aside and went all in on my study efforts and managed to steam roll my way through both CFA and CAIA in a short span.

Feels gooooood, man!!!

ya don't know what ya don't know until ya know it.

Dec 2015: CFA L1 pass

June 2017: CFA L2 pass

June 2018: ?

Does CAIA was an easy walk after CFA Institute exams?

StasLadanov wrote:

Does CAIA was an easy walk after CFA Institute exams?

It was easy because I found it much more interesting topically. Not as rigorous quantitatively speaking; much more high level around a bunch of broad alts topics. That noted, still some deep quant curriculum whereby having CFA exam background helps tremendously.  I think it’s certainly a good primer around a broad swathe of alternative investment types, but by no means an end-all review. I suggest those that are interested in furthering their knowledge base and credentials give it a go following the CFA exams.  Nowhere near as deep material-wise, and certainly more entertaining from a pure finance-geek perspective.

ya don't know what ya don't know until ya know it.

govt_cheese wrote:

June 2010: CFA L1 miserable fail

Dec 2015: CFA L1 pass

June 2016: CFA L2 pass

June 2017: CFA L3 pass

Sept 2017: CAIA L1 pass

March 2018: CAIA L2 pass

I took the L1 exam for granted in 2010 and was super discouraged upon realizing just how much effort it took; hence, the 5 year gap between L1 attempts. However, I brushed trepidation aside and went all in on my study efforts and managed to steam roll my way through both CFA and CAIA in a short span.

Feels gooooood, man!!!

Good stuff! 

"Between stimulus and response there is a space. In that space is our power to choose our response. In our response lies our growth and our freedom." -Viktor Frankl

If y’all want some inspiration, PM cpk123 and ask him to post his timeline here.

He’s one tenacious charterholder.

Simplify the complicated side; don't complify the simplicated side.

Financial Exam Help 123: The place to get help for the CFA® exams
http://financialexamhelp123.com/

I know a guy who sat for CFA Level I before the year 2000…and is hoping he passed Level III in 2018.

#notkidding

hashtag wrote:

I know a guy who sat for CFA Level I before the year 2000…and is hoping he passed Level III in 2018.

#notkidding

Not something I’d be able to do.  I’ve told people that since I’ve made it to Level 3 I’ll keep going until I pass, but realistically I don’t think I have more than 2 tries in me.

hashtag wrote:

I know a guy who sat for CFA Level I before the year 2000…and is hoping he passed Level III in 2018.

#notkidding

Eeeeek!!!  Good luck to your buddy!!

“Mmmmmm, something…” - H. Simpson