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How much does a CFA L-1 help in securing a good Finance role in Summer Placements?

How much does a CFA L-1 help in securing a good Finance role in Summer Placements?

2 Answers
Rahul Nair, IIM Trichy answered 12 months ago

CFA level 1 encompasses many aspects that companies look for in a finance role, and the L1 certification can help you in getting shortlisted for such roles as it is a strong point to have in one’s resume. However, the certification should be backed up by sound knowledge in the finance area so that you can do well in the interview and subsequently land up a good internship role.

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I am a member of the Placement Team at IIM Trichy, and the answer is based on the feedback received from industry executives in the finance area.

anmolas, MBA Aspirant

replied 3 months ago

If a GEM , from a tier-3 engineering college gets admitted into top B schools, clears CFA level 1, is he shortlisted for summer placments by top finance companies?

A CFA Level 1 will go a long way in showcasing your affinity towards finance. It is also a signal that your basic concepts are clear; if molded properly, you could handle the much more complex modelling parts. If you are serious for a career in finance, I would urge you to appear for CFA L1 before joining the Bschool. This will be a great differentiator and you could extract a lot of value out of it.
Hope this helps 🙂

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Member, InsideIIM Student Team 4 | IIM Kozhikode PGP 2018-2020 | Chartered Accountant

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