Skipping the exam and unforeseen circumstances

CFA General
#1

Hi all

My daughter has a hospital appointment this Saturday, nobody else can take her and therefore i am afraid that i most probably will not be able to sit the upcoming CFA level 1 test. Naturally, having spent the last 4 months revising, i am quite annoyed about this situation but i am even more worried about any potential future consequences. I graduated last summer, spent the past six months volunteering, started a family and am hoping to apply for MSc Finance programmes this autumn. I had intended the CFA level 1 to highlight my passion and enthusiasm for finance but am now worried that universities (and potential future employers) might be able to see that i skipped the test.

Any and all advice on how i can avoid this situation much welcome

#2

Your living family members are exponentially more important than the CFA program - 100%. Dude, forget anything else are you serious? Your daughter is your daughter, CAPM aint going anywhere…

#3

Just to calm your nerves… no one will be notified that you skipped test day

#4

I think i may have dramatically misstated the nature of this appointment…it is not an emergency, life-threatening situation but more of a “the only date within the next 2-3 weeks that the GP can fit her in is Saturday 23rd”.

Thanks for the reply.

#5

“I had intended the CFA level 1 to highlight my passion and enthusiasm for finance”

Well, on the bright side, no one would have given two Fs about this to begin with, so you didn’t really lose much…

#6

Haha Thank god for that at least!

#7

Will your daughter suffer if she waits? If you spent last 4 months revising, it’s not something to give up lightly. You’re gonna have to go through all of that again cause you won’t remember most of the material.

#8

So…what did you do?

#9

Hope your daughter is feeling better. If you missed the exam, it’s not a big deal. CFA Level 1 Exam happens twice a year and you will have another opportunity very soon. Your hard work won’t go waste. You will pick up the momentum very quickly. Good Luck.

#10

I would suggest calling CFAI if you haven’t already. I almost missed Level 1 in 2015 because my pregnant wife (who months earlier told me I couldn’t possibly be that unlucky) looked like she was going to deliver the night before the test. While I was in a cab headed to the hospital, I called CFAI and explained that situation to them and they said they would defer me to December. As it turns out, she didn’t deliver until that Sunday so I was able to take it, but the key point is in situations like this the Institute does consider deferments.