Hi every one, I’m planning on sitting the CFA L1 exam in December and have received a scholarship from my university (http://www.cfainstitute.org/cfaprog/university/student_scholarship.html). Dilemma: I was planning on going part-time next semester at uni, but a condition of the scholarship is that you are a full-time undergrad student. I was thinking of enrolling for the exam enrolled in a full-time course load, then dropping to part-time just before census date. I wonder if there will be any problems with this? I figure I could say I was having family difficulties, or got a job, and was unaware that I was required to be a full-time student for the whole semester (it doesn’t go into specifics, so I could angle shoot?) My dilemma is also ‘Applicants must fulfill all CFA candidate requirements to enroll and must confirm receipt of their degree in writing to progress to the next exam.’ - will this be asked post L1 exam, or if I intend to register for the L2 exam? I don’t plan on sitting L2 until mid 2012 after I finish a masters degree. What’s my play? Advice/experiences please. Thanks
if you are sure about the 2012 date for LII - just a friendly piece of advice - do you L1 in 2010 or 2011 after you have finished your ugrad requirements. Do not put additional pressure on having to work on both your ugrad as well as the CFA Course Material at the same time. Though L1 does look like it is very much an undergrad finance course - there are a lot of tricks and traps there in. It is a full time study course - though people might say it is not.
Without going into to detail, I think it best I do L1 now, as opposed to later. Advice regarding the scholarship issue though?
I passed level I while taking 12 undergrad credit hours and working full time… I worked as a security guard, which basically meant being stuck behind a desk with nothing better to do than study for 35 hours/week. start early, make sure you keep reviewing, over and over, the stuff you studied early (i can’t stress that enough), and you can even manage to have good time on friday/saturday nights as long as you bust ass during the week… work hard play harder it can definitely be done as long as you’re not a complete lazy ass
I appreciate your replies, but I have reasons for going part-time - I guess what I am asking is what are my chances that this will catch up with me in the end? I’m fairly set on not being a F/T student for the remainder of my degree (new job etc) I don’t have the option of becoming a security guard.