anyone sitting it ?

CFA Test-Takers Seek Wall Street SuccessQuoteOf the candidates who register for the CFA program, about one in five is successful in completing the program

I wrote level I 4-5 yrs ago. Never bothered with II and III. Do the scores expire?

How much is having a CFA worth? What types of positions need CFA? To be a quantitative hedge fund manager, is having a CFA over having a PhD in finance?

Scores don't expire per se, but if you want to do Levels 2 or 3, and it's been 7 years since you passed the most recent paper, then you're back to square one, and have to resit Level 1 again. I might have got the exact wording of this wrong - check the CFA handbook for the precise details....

I was sitting for Level III which was easier than expectedPaying for the charter which will cost 300 USD p.a. may not be interesting for me.I think about taking the FRM next, is there another kind of relevant exam for financial market/quant finance with self-study possibilities? The CQF is too costly for my perception

QuoteOriginally posted by: dj99Scores don't expire per se, but if you want to do Levels 2 or 3, and it's been 7 years since you passed the most recent paper, then you're back to square one, and have to resit Level 1 again. I might have got the exact wording of this wrong - check the CFA handbook for the precise details....you've got it all wrong.It was previously the case that you had to re-pay the initiation fee after 7 years to remain in the program (and get CFAI's approval to continue), but you never had to resit the exams you'd already passed.Now you don't even need to pay the initiation fee a second time.

QuoteOriginally posted by: eriskI think about taking the FRM next, is there another kind of relevant exam for financial market/quant finance with self-study possibilities? The CQF is too costly for my perceptionif you get the CFA charter, look into PRM (offered by prmia, Professa Wilmott is one of the authors of the PRMIA Handbook)

QuoteOriginally posted by: math9I was today at Level I. Questions easier than expected. Time defenitely not enough. The good thing with these exams is that you can go infinitely many times and get it one day.Well this assumes that you have enough 'capital' to take the losses and continue with the business of taking the exams.

QuoteOriginally posted by: CarolynTHow much is having a CFA worth? What types of positions need CFA? To be a quantitative hedge fund manager, is having a CFA over having a PhD in finance?The whole load of accounting material covered in the CFA program will be quite useless for you.But if you have a non-financial PhD (like Physics or Computer Science), the CFA program will give you a good background on the world of finance.

Answering Level III essay questions seems like guessing all the way.Questions are quite open-ended and you'll never know for sure if you got it right.

All of you exam-takers:How you English say, 'I one more time, mac, unclog my nose in your direction', sons of a window-dresser!