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Intern
Joined: 17 Jul 2010
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Hi
I am an international student applying for mfe fall 2011. I have also enrolled for CFA level 1 in dec.
does it make sense to wait for the result in late Jan and then say in my sop that I have cleared cfa level 1 or will applying so late seriously affect my chances?
because that would be better than saying 'I am appearing for cfa in dec 2010'..right?
any help is appreciated
Thanks
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Tuck Thread Master
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Re: CFA and deadlines [#permalink]
 20 Sep 2010, 01:20
There was a discussion here about the impact CFA designation may or may not have on your application package. The bottom line was that many adcoms simply are not aware of the rigor and intensity of the CFA Program. It appears that being CFA can not help you a lot. It even may not help you at all. So "passed level I" or "registered for level I" makes no big difference to me. Do not factor this into your time-management decisions PS I'm registered for level III 
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Re: CFA and deadlines [#permalink]
20 Sep 2010, 05:50
I passed CFA Level 1 before entering the bschool and here are my impressions regarding the CFA designation: 1) It impresses your potential recruiters and fellow students more than the admissions office or any professors. Remember, adcom/professors, etc are academics. They are more impressed with other things on your app, than your CFA credential. 2) It's also not as impressive to the recruiters unless you have relevant experience (internship, other work exp, etc) on your resume. CFA by itself simply demonstrates "how serious you are about pursuing a career in financial services" and your level of interest in the field. It's not a make or break factor for admissions, but pretty important once you get a job. So, I would concentrate on getting into a program NOW, and then worry about it later.
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Re: CFA and deadlines [#permalink]
20 Sep 2010, 06:57
nink wrote: I passed CFA Level 1 before entering the bschool and here are my impressions regarding the CFA designation:
1) It impresses your potential recruiters and fellow students more than the admissions office or any professors. Remember, adcom/professors, etc are academics. They are more impressed with other things on your app, than your CFA credential.
2) It's also not as impressive to the recruiters unless you have relevant experience (internship, other work exp, etc) on your resume. CFA by itself simply demonstrates "how serious you are about pursuing a career in financial services" and your level of interest in the field.
It's not a make or break factor for admissions, but pretty important once you get a job. So, I would concentrate on getting into a program NOW, and then worry about it later. You going to finish it nink?
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Re: CFA and deadlines [#permalink]
20 Sep 2010, 10:13
Thanks you for ur replies
so the bottomline is apply early and say registered for level1?
I know this has been discussed a lot but is applying in round 1 always a better option?
I'd say my overall prolifle is about avg..
1440 gre 800quant
710 gamt
2 yrs wrk ex in financial domain
decent acads
i dont want to apply late and regret it later..
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Re: CFA and deadlines [#permalink]
20 Sep 2010, 14:19
Dawgie wrote: You going to finish it nink? I will think about it but I guess I kinda have to now that I have a job offer.....
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Re: CFA and deadlines [#permalink]
20 Sep 2010, 19:59
nink wrote: Dawgie wrote: You going to finish it nink? I will think about it but I guess I kinda have to now that I have a job offer..... Congrats Nink, glad you made a successful transition. I'm sure you are ecstatic.
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Re: CFA and deadlines [#permalink]
20 Sep 2010, 20:19
i don't think it matters... i'm a cfa level 3 candidate, and i don't think "passing cfa level 1" provides you with an edge when compared to "cfa level 1 candidate"
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Re: CFA and deadlines [#permalink]
20 Sep 2010, 20:55
congrats nink! great addition
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Re: CFA and deadlines
[#permalink]
20 Sep 2010, 20:55
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