Work experience description & validation

CFA Level III
#1

Hello All,

I am among the fortunate 49% who have passed this year’s level 3 exam. Still can’t believe that all the learning is over… :slight_smile:

I’m setting up my application for one of the CFA societies in order to get the charter and I wonder how the work experience description should be done. For the moment I just put a couple of bullet points describing what I did in my jobs, but I read a post saying that it should be more like a cover letter, describing really in detail what my job was about, day-to-day activities and even mentioning how much time I spent on those activities. What do you think?

Second, how does CFA Institute verify the work experience? They don’t ask for any reference directly relating to the jobs, so do you think they just rely on my description or will they ask me for proof (like work certificates)? I’d like to make things easier for CFAI so that they can go quickly, any advice is welcome.

Thanks.

picur

#2

nobody concerned by these topics?

#3

I am in the same situation. Someone please answer.

#4

Someone please answer. I too am interested

#5

I’d also like to know if the ‘professional references’ have to be CFA charterholders, or enrolled in the CFA programme as well.

Any help would be much appreciated.

#6

you are attesting that it is qualified. If you lie, and are caught, you are banned for life. But they dont check unless it seems really sketchy (meaning they never heard of the firm).

References can be anyone, but they prefer supervisors. They do not have to be Charterholders but if one is a Charterholder, you only need 2 instead of 3. All of this is detailed extensively on the CFAI website.

#7

Why should a person be banned ? This is so open to intrpretation.

CFAI should check itself

#8

andytrader - thanks! Appreciate the quick response. Slight correction, you only need two references if one of them is a regular member to the society that you’re applying to.

But great stuff… makes it easier I guess.

Congrats again to all those who made it through the 2013 Lv.3 exam.

Cheers!

#9

Thank you for your answers. It really seems weird that CFAI doesn’t check itself the work experiences I give them. Anyway.