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CFA exam

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Manager
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New post 28 Jan 2019, 05:24
I am thinking to give CFA exam to boost my chances for conversion for MSC finance program. Is it a good idea ?

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Re: CFA exam  [#permalink]

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New post 28 Jan 2019, 23:13
Depends. I think L1 can help someone who wasn't a business/econ/finance undergrad sell themselves to admissions. I think it can help someone who has a lower GPA to an extent. That being said, so many people have L1, that it isn't going to singlehandedly get you admitted. I would say having L2 will definitely make you stand out more though.

If you want the CFA, having L1 will look good and also help you. But don't simply get L1 just to improve your application. Effort is spent better doing a number of things than studying for L1 with no intention of going the distance.
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Re: CFA exam  [#permalink]

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New post 28 Jan 2019, 23:59
Thank you for your response. I am already an Indian chartered accountant. So doing CFA will add to my profile. My CGPA is decent. I am planning for level 1 in December 2018 and level 2 in June 2019. So will it make any difference since I will be applying for round 1 application in September?

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New post 30 Jan 2019, 18:17
Yes it probably will help in a Sep 2019 application

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Re: CFA exam  [#permalink]

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New post 10 Feb 2019, 10:32
After my Graduation in Engineering(IT)(I am currently in final year), If I don't take a job and prepare for CFA Level 1 exam and then apply for Master of Finance in foreign universities after a year, will it affect my application in a negative way?
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Re: CFA exam  [#permalink]

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New post 10 Feb 2019, 18:04
Nainam wrote:
After my Graduation in Engineering(IT)(I am currently in final year), If I don't take a job and prepare for CFA Level 1 exam and then apply for Master of Finance in foreign universities after a year, will it affect my application in a negative way?


In my opinion, it would be better than not doing anything for a year. Also try to take Level 1 in Dec and 2 in June to demonstrate serious interest. Ideally, also try to land a Finance internship during this period

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Re: CFA exam  [#permalink]

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New post 17 Feb 2019, 22:55
You are on the right track - For MFin applications, CFA does act as a major profile booster. Being one of the toughest exams to crack, having a level 2 or 3 on your resume will act as a differentiator.

This being said, note that MSc Finance is an extremely competitive program so along with CFA, mention other activities ( extra-curricular involvement, finance internships, papers published.etc) to further boost your chances.

If you want a better idea on what kind of activities will account for a competitive profile, I would suggest you to take this profile evaluation here: http://info.mim-essay.com/forums-pe
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Re: CFA exam   [#permalink] 17 Feb 2019, 22:55
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