I am planning to appear for CFA L1 in Dec this year. However, certain queries come to mind before I make the decision to go ahead.
CFA charterholders and seniors - please guide.
Does the 4 year experience requirement have to be recent? Can it be old experience? What if one has 4 years of related workex, but not currently working in the investments area.
It is written on the CFA website that you also need 2 sponsors to recommend you for the membership. Do these two need to be from the current / old organizations? Do I need to know them? Please elaborate more on this.
Do I need to become a member of the CFA Institute (paying $275) now while appearing for the exams or after completing all levels?
It is also mentioned that we need to be a member of a local CFA society to be a charterholder. What society is this? and what is the procedure for this membership? Is there a separate fee for this? I am from India.