Need advice (Job +CFA 2)

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hali99

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Hello everyone,
My Name is Ali and I have been lurking on this forum for a more than a year now. A lot information has helped me make decisions and study for my CFA.
I am posting this thread to get some advice as I believe people who have taken CFA level 2 will be the best at this. Some of the points to consider are:
1. I will be writing my Level 2 in June.
2. I work 4 days a week as an accountant for a small NFP. The job isn’t anything interesting and my commute is average 2 hours one way.
3. There are no opportunities for me to grow in this company. However, the experince might count towards my Canadian CPA. I have been working here for more than 1 year.
4. I also have family business to take care off due to my fathers illness, I hope he will start looking after in a couple months. Therefore, I did not get much studying done as of now.
5. I will be enrolling in my CPA challenge exam, which isn’t too difficult, the exam will be held in may.
6. My background is Accounting major with minor in finance.
7. I failed level 1 once because below 50 in Ethics. ( My father was ill during that time too and I couldn’t put in much time)
Now, I really want to quit my job at the end of december and focus only on my education. But sometimes i feel, I should hold on until May, so atleast I can get some more experience that will count towards my CPA. I do not enjoy the work at all and I believe I will do a lot better with my studies without it.
What is your opinion on this? Am I killing myself and is Level 2 really that hard that i should quit my job?
 
hali99 wrote:
What is your opinion on this? Am I killing myself and is Level 2 really that hard that i should quit my job?
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for the love of god, don’t quit job to do CFA exams
 
Hard to follow all that. You’re studying for another exam as well during the same timeframe? How much time do you have to dedicate to the personal matters (family)? Are you able to study during your commutes or are you driving? Regardless, working only 4 days a week doesn’t seem so bad. If you think you can hit 300-350 hours to study for L2 without killing yourself then continue on.
But have to agree with itera. I would never quit a steady paycheck to take a CFA exam. You can always sit in 2017 if you really don’t have the time to devote to preparing.
 
In moments like these, some people just need a high-five.
#InTheFace
 
my 2 cents is this:
what you are about to do is non sense.lets suppose you have the cfa,it would be very hard to switch career , even harder in canada ( biggest stock of cfas) and much more harder given your name in english speaking canada and much much much more harder in french speaking canada( from personal experience).
the best option is to mayb expand your father business.
 
He doesn’t have the charter yet, he’s asking if he should quit his job to focus on studying for Level 2.
 
magana1 wrote:
my 2 cents is this:
what you are about to do is non sense.lets suppose you have the cfa,it would be very hard to switch career , even harder in canada ( biggest stock of cfas) and much more harder given your name in english speaking canada and much much much more harder in french speaking canada( from personal experience).
the best option is to mayb expand your father business.
Click to expand...
Sorry my friend. But you just wasted your 2 cents. I dont have a charter either
 
in taht case i strongly encourage you to leave your job and finish the cfa.one cleared the level 3 even if your experience is not validated, i am sure you will find a wonderfull job with some 7 digit salary.
my 3 cents
 
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