CFA Discussion Topic: Job prospects after Level 1?

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Author Topic: Job prospects after Level 1?
sbajaj
@2006-09-27 21:29:21
Hey guys,

Any idea what ae the job prospects after passing Level 1(ie. for a Level 2 candidate) and what kind of pays do you get?
polun
@2006-10-19 09:56:00
you may be placed as a Research Associate
hakimi
@2007-02-22 09:54:46
what are the job description of a research associate and what range will his pay any tips
PonyBiz
@2007-02-26 19:17:12
Hi,
Im a first semester MBA student, with an IT background. I plan on specializing in Corp Finance. I was thinking about doing my CFA level1 some time next year, so when im looking for a finance job after my MBA. i have something more finance specific to show apart from my MBA.

I would like to how handy this would be and also what are a prospects for an MBA with a CFA, espcially since i do not have any relevant finace work experience as of now.

Thanks
thinkB
@2007-03-01 03:05:12
I was in similar situation almost four years ago with MBA in Finance except that I wasn't thinking of CFA. I was denied financial analyst jobs as they prefered Bachelors in Finance grads. I later found an IT related job in finance industry and then slowly moved into more of financial role as I gained exp. and licenses.
hedged
@2007-03-08 03:21:03
An answer to this question largely depends factors like-

1.The country one is residing in
2.Previous qualifications/experience/skill-sets,etc
3.Knowledge -about the economy,the markets,the state of mind of the interviewer.
4.References- contacts help u get in quick and easy.

But yes, if one is decent,an opening as a junior analyst/research analyst wont be tough to find.

Try working on ur knowledge-practical instances and application of what you learn in all the study notes must be observed in the papers/news.

Good Luck.
Dicky
@2007-04-09 12:06:29
I have also same sort of confusion...having IT background....wud like to move to finance and analyst type role ...so CFA wud be a right choice?

monki
@2007-04-10 22:02:54
lol same here.. how come everyone studying CFA is in IT?
joseluis
@2007-04-12 03:44:23
hello, i would like to know if one must get the MBA in finance as a requirement to qualify to take the three parts of the CFA exam? can someone help me?, thank you

Jose
YoYC
@2007-04-18 21:33:46
Hi all,

I'm in the same boat. I am considering taking the CFA Level 1 exam this December. I have over 10 years of IT background but none in Finance. Would this be a major obstacle in finding finance related jobs? What should a CFA (assume have passed all 3 exams) with no finance experience expect when he/she first enter the finance world?
Appreciate comments/share of thoughts related to IT-Finance career transition.
kjvenus
@2007-07-27 06:47:16
I had recently appeared for my CFA exam L1 but failed to my dismay. Can I get a break in the investment banking field?
JOELS
@2007-10-17 19:22:11
The main postions of interest are in the area of Finance and Investment and the two major post are:
1. Financial Analyst
2. Investment Associate
Nwanma
@2007-10-24 17:33:28
I am presently a chartered accountant and I also did a degree in accounting. I am confident that after completing level 1 of CFA my credentials will be greatly enhanced to take up more senior management positions in the area of corporate finance considering my career history in accounting and auditing.

NWANMA.
HedgingLawyer
@2007-11-01 03:21:28
People who pass Level I usualy start their own hedge fund.
olatiregun
@2007-11-05 09:56:58
I am a recently qualified accountant with ICAN (www.ican-ngr.org) and ACCA (www.accaglobal.com). I had over 10 years IT experience before moving to Accounting and Finance. I want to embark on CFA, would it be a good idea and what would be my job prospects in the Nigerian, African and European market?
Tomas
@2007-11-05 17:26:44
Or private equity funds:)...
Nitchas
@2008-02-14 00:54:31
Why too many people go from IT to finance? We dont need all of you. lol
more seriously I think that there is an opportunity for everybody with the CFA, just think about it you can use your IT background to be an analyst in IT related industry. it will be an edge
zemods
@2008-03-13 22:05:51
it nice to know someone is in my shoe and in the same country as me taking the same exam, but it still does not answer the question being chaertered in naija with a level one cfa pass. what are the prospect. help(apart from the banking industry)
noperson
@2008-03-19 16:05:41
I work with the number bank in Nigeria, there are alot of prospects as a CFA I passed candidates even in Non Financial Institutions like Oil Coys,Assets Management Coys in the country at present as aresult of the ever dynamic nature of our business environment which is going in line with the growing Capital Market and other emergencing markets like Commodity market, derivative market and so on. I am a Chartered Accountant, with the Institute of Chartered Accountant of Nigeria (ICAN), also holds a BSc.(Hons) in Actuarial Science and HND in Business Adminstration. I enrolled for CFA has to but my knowledge and enlarge my skills to everly meet with the rvolutuion of Global Economies.
vtom2009
@2011-04-28 19:31:18
"I work with the number bank in Nigeria, there are alot of prospects as a CFA I passed candidates even in Non Financial Institutions like Oil Coys,Assets Management Coys in the country at present as aresult of the ever dynamic nature of our business environment which is going in line with the growing Capital Market and other emergencing markets like Commodity market, derivative market and so on. "
I work in this environment as at least English teacher, got 150K...
J18021591
@2019-07-28 10:48:59
hi @
i am gonna take the cfa level one exam in the month of December 2019, i have a retail banking background, worked as an assistant manager for the no. 1 private sector bank in India for almost two years, however i want to switch from banking to investment and corporate finance, if someone could please help me with the kind of job prospects i have, it would be of great help for me in making my career decisions.
hope to hear from you soon

Thanking you
J18021591