I have five years of software engineering (software developer) experince, and have just passed my Level 3 - was wondering if this would count towards the charter (they have software developer as one of the job titles that qualifies). I basically work in a financial institution that creates all sort of software solutions for the buy/sell side. Most of the big banks use our software. I work in the Economics software package that helps model Economic data, and apply transformations to it, trends, projections, etc. As economics appears at all levels of the CFA, and as its discussed in L3 as part of the top down investment decision, I was wondering if my job helps in the investment decision, i.e. investment profesional will be taking investment decisions based on the results of the software. Any chance it could count as valid work experience?
It sounds like you’re adding value to the investment decision making process so I’d say you’re good. I’m in IT as well however my experience is really related to the investment decision making process. Exams are all done, now I have to work on the work experience. Time for a career change ! Good luck though, I’d be surprised if your work experience doesn’t count.
oagra Wrote: ------------------------------------------------------- > I have five years of software engineering > (software developer) experince, and have just > passed my Level 3 - was wondering if this would > count towards the charter (they have software > developer as one of the job titles that > qualifies). I basically work in a financial > institution that creates all sort of software > solutions for the buy/sell side. Most of the big > banks use our software. I work in the Economics > software package that helps model Economic data, > and apply transformations to it, trends, > projections, etc. As economics appears at all > levels of the CFA, and as its discussed in L3 as > part of the top down investment decision, I was > wondering if my job helps in the investment > decision, i.e. investment profesional will be > taking investment decisions based on the results > of the software. > > Any chance it could count as valid work > experience? i want to work in this firm. could you forward my resume?
sure, can link you to it, drop me an email at o_agra at hotmail dot com
This is the excerpt from my resume for the software project I am presently working on. Will this count towards the charter? I have total of 6 years of IT experience, off which 3 years is software consulting for Financial firms in NYC. ===== Portfolio Management/Asset Allocation/Proposal Generation - Investment Proposal Builder (IPB) IPB is a quick investment proposal generation system used widely by the ***** Financial Advisors (FA’s) to generate proposals for High Net worth (HNW) ***** client as per the mandate stating the risk, returns, objectives, constraints, liquidity horizon and risk appetite of the client as described in the Investment Policy Statement (IPS). Once the risk category of the client is calculated, the funds are allocated to the various managers from a diverse range of Asset Classes including Equity, Fixed Income, Alternative Investments Hedge Funds, Fund of Funds, Commodities & Real Estates and various other ***** managed products . The Management Fees are calculated depending upon the allocations & a final PDF proposal is generated for the client to view the (expected) performance of the invested assets juxtaposed against the benchmarks comparing the 1yr, 3yr, 5yr & 10yr performances & approve the target asset allocation. Let me know you thoughts? - I am sure if I can make it “LOSimilar”, I can sure push this under the carpet and have them accept my time in software consulting?
^ typo above - should have read - “I have total of 6 years of IT experience, OF which 3 years is software consulting for Financial firms in NYC”
is software development still a valid qualified job experience? I thought they removed it awhile back?
Accountant Actuary Auditor Client service representative or relationship manager Compliance analyst/officer Consultant Corporate chief financial officer Corporate finance analyst Derivatives analyst Economist Financial adviser Financial journalist/editor Institutional sales professional/business development (buy and sell side) Investment banking analyst Investment consultant Investment strategist Investor relations Mutual fund sales Portfolio administrator Portfolio manager Private client investment adviser “Product/software developer” Professor/instructor Quantitative investment or risk analyst Real estate investment manager Regulator Securities trader Securities underwriter Security/investment analyst Supervisor of investment firm Valuator of closely held business Venture capital analyst
nice…
internal auditor qualify?
this is only a general list of job titles that qualify. The website clearly states that the CFA institute will consider other job titles that add value to the investment decision making process. I have been working as a Business Analyst (at 2 banks and one pension fund) with various trading systems over the past four year and plan to apply for the charter with this experience. Please let me know if anyone thinks that this will not work.