This blog is for me to record my struggle in taking the CFA Program. A large proportion of the students taking the CFA Program will fail. I am an IFA in Singapore but wish to remain anonymous for now. I sat for the Level 1 examination in June 2009, Level 2 in June 2010 and Level 3 in June 2011. I passed all three levels on first attempts. The global passing rate was 46%, 39% and 51% respectively.
Monday, December 6, 2010
Regular Membership
My application for Regular Membership was approved on 18th Oct 2010. However, I did not want to pay for the membership fee since I have not yet pass the Level 3. No point paying for the membership fee since I am not able the use the CFA designation without passing the L3 exam. I had confirmation for CFA Institute that I do not have a timeline to pay.
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