I have 3 more years of undergrad. Should I get my CFA by the time I graduate?

Question

I'm a good test taker and have been doing very well so far in undergrad. I hear if I pass it, earning potential and job opps will go through the roof. How long should I study? When should I take it? I am a finance major and plan to go into an investing field.

Answer 1

Not to burst your bubble, but I'd be quite impressed if you were able to accomplish that. My best friend was out of college and working in the investment field for about five years before she finally passed the first CFA test. But maybe she's not as bright as you... good luck, but be sure to study (she studied for months on each attempt)!

Answer 2

You can't. To receive the CFA Charter, you need to pass three exams (that part you seem to know) and have four years of relevant work experience.

Just to demonstrate your proficiency with basics, though, you can take Level One while still in college. The CFA Institute believes that on average, a candidate needs 200 hours of independent study to be adequately prepared for the exam. Good luck!

Answer 3

commence studing now. My son in basic terms graduated from MSU with a masters. handed the CPA examination, had 3 years intern with a top accounting corporation and starts with $50,000 in Sept. you like journey, internships, dedication and sturdy grades.

Answer 4

study for every spare time you get..do not waste it b/c you need to pass the test to get a job otherwise you will regret later for not studying when you should have!