I am a level III CFA candidate and waiting for my exam results to come out on August 11th - and yes I know, it’s kind of late to take a closer look at the work experience requirements for CFAI membership now and realize that part-time work is not accepted at all.
I’ve been working part-time as a financial analyst for an asset management firm for seven years and the work itself is highly relevant to what CFAI describes as qualifying work experience. But it’s all been part-time, 70% on average if you take 40 hours week as full time. If you consider that all of that is investment related, it surely meets the CFAI requirement of minimum 50% of a full-time occupation, on an hour equivalent basis. What particularly upsets me is that with no part-time work experience accepted *at all*, I have practically no chance of getting the charter. I have kids and was not planning to upgrade “officially” to full time any time soon.
Any thoughts on how I should go about this? Talk to CFAI? How do they check if your work experience is full or part time when reviewing membership applications? Anyone with similar experience out there?
I would contact CFA institute and explain your situation. I would be surprised if they wouldn’t accept it as qualifying in some way, e.g. perhaps 2 years part-time work qualifies as equivalent to 1 year full time. It would surely be discriminatory to not accept it at all.
Hey, I’m in the same situation. Did you hear back from the institute? I emailed them asking what 'full time’means but they just posted the guidelines from the website as a response.
I…don’t see a link. In any case I DMed CFAI and got back boilerplate about how you have to have been employed as a full time employee which means at least 40 hrs/week. Curious how co ops and internships come into play here (the latter is explicitly denied, I know). Interesting if 4 years ago (when OP first posted) there was a cutoff at 30 hrs/week.