Do I meet the enrollment requirements

CFA General
#1

I have over 120 credits from a Canadian University, however I do not have a bachelors degree. My GPA is 2.10. I already passed my Level 1 exam. How can I be sure that I qualify for the “US bachelors degree equivalent” requirement for the level 2? Will I ever have to send in any kind of verification in order to receive the charter at the end of the three exams and work experience? Thanks for your insight.

PS- I also worked as a manager at a restaurant for one year. Would that count as “professional work experience”?

#2

PPS- I did all these previous to attempting Level 1 CFA exam.

#3

you need at least a 3 year general degree from a Cdn university. and of course restaurant manager does not count. professional = finance professional. all of this information is clearly stated on the CFAI website.

#4

Thanks Matt. I guess my topic and question was vague. I just wanted to know if the 120 credits + 1 year experience will qualify for enrolling into the CFA program (not the charter). Most results from google searches show that an US Bachelors degree require 120 credit hours of courses, hence I thought I might meet the requirements without a bachelors degree diploma.

#5

Is the GPA system in Canada on a 4 point scale like it is in the US? If so, you can forget about the business school route.

#6

It is on a 4 point scale. I do realize that grad school route is tough to follow through with a 2.10 GPA. I am actually planning for the CFA + CPA route, neither depends on GPA or the GMAT.

Once I am done with level 3 exam, I might try the GMAT exam, if I get over 575 I will try to get into a CPA + MBA program. Keeping my fingers crossed.

#7

This is not true.

There are two types of work experience–professional work experience and qualifying work experience. You have to have a four-year degree, OR have four years of professional work experience to take the exams (or some combination thereof). CFAI very clearly states that the work experience does NOT have to be investment-related. CFAI is very vague about what is “professional” work experience.

However, to earn the Charter, you have to have four years of QUALIFYING work experience, which DOES have to be investment-related, and they are very specific about what is “qualifying”.

My advice: finish your degree. Even if it’s a degree in Art Appreciation or Cultural Anthropology, just finish it up. Then you don’t have to worry about it anymore.