Applying for your Charter

[CF_AHHHHHHHHH]

So I know I should probably use the search feature and it’s bad form to make a new post.
However, since it’s been a long time since my last post and most of you probably have never seen my username before, I thought I’d create a new thread.
Anyway, I’ll be applying for my charter soon and I was hoping someone could give a brief description of the process and any helpful hints. (i.e., getting a sponsor, filling out work experience, timing, etc…)
Please let me know. Hope all the Level one-ers are enjoying their free time now that the exam is over!
–CF_AHHHHHHHHH

 

[transferpricingCFA]

Im about to apply to. Anyone have any idea how long it normally takes them to respond?

 

[Black Swan]

It’s pretty quick if you can do it before the June exam results when they get flooded. It’s also a really straight forward process in your account with online forms. I’d walk you guys through it, but honestly it’s pretty self explanatory. As far as a sponsor, they ask for your boss and a CFA. Since my boss isn’t a CFA and they’re required to log into their CFA account, I just chose a coworker in my department with a CFA and a trader on our floor with the CFA and everything went through pretty quickly. Maybe took a few weeks. If that fails, try reaching out to other CFA’s in your company for sponsorship, or even attending a few local society events to find sponsors.

 

[transferpricingCFA]

I dunno man, maybe I dont deserve the charter, cos I am struggling to work it out. I have an application online, and it says its up for sponsor review, but I dunno how to get my sponsors in there. And I cant edit the app or anything.

 

[Black Swan]

You should have entered sponsor emails, and they should have gotten emailed forms. Did you do that? Also did you follow up with them so they don’t delete the emails and reply quickly?

 

[Sweep the Leg]

The work experience part is a little touchy. I did a very brief stint as a financial advisor several years ago, and applied that towards my four years. Had to go back and forth with them a few times on my specific duties as an FA. I found it a little absurd. It’s pretty much the most straight forward job in finance, but whatever.

 

[transferpricingCFA]

ok, i probably didnt put in their emails, I cant even remember, guess ill have to withdraw for the second time and enter it all in again!

 

[mb389]

Note that one of your sponsors needs to not only be a CFA charterholder but a member of the same local society that they are requiring you to apply to. And they need to be able to comment on your work experience. I’ve gone through 3 charterholders that I know and none have been members of the local society. Currently stuck at this step…

 

[string]

you could normally write an email to your local society and request for a sponsor. Normally they’ll help you to find a sponsor if you don’t have one.

 

[CF_AHHHHHHHHH]

I appreciate the heads up on this guys (and or gals)… To be honest, I really haven’t thought about it much. I finished the exams with a year left to go on my work experience. That year is now almost up, so it’s time to get cracking on this application.
Scale of 1-10 how stingy are they in terms of approving work experience from what you all have heard (10 being the stingiest)????
Thanks

 

[Black Swan]

They were pretty good about approving my work exp. It’s really not bad, just look over their description of acceptable experience and use the buzz words. Analysis, value added, somehow tie what you do to the investment process even if you’re reporting to executives who “allocate capital”.