Should I Pursue CFA Level 1 If I Don’t Secure a Summer Internship?
Hello everyone,
I’m a student set to graduate next year, and I’ve been having a tough time finding a summer internship. This situation is starting to concern me since I am very passionate about building a career in investment management and equity research.
In the event that I don’t receive an internship offer, I’m thinking about enrolling in the CFA Level 1 exam to enhance my resume, deepen my knowledge, and boost my prospects for full-time positions. Would this be a worthwhile alternative, or should I be focusing on developing other skills and experiences instead? I’d love to hear your thoughts and any advice you might have.
Thank you!
One response
Hi there,
It’s totally understandable to feel concerned about not securing a summer internship, especially when you’re aiming for a career in investment management and equity research. Taking the CFA Level 1 can indeed add value to your resume and demonstrate your commitment to the field. Here are some things to consider:
Knowledge Gained: The CFA Level 1 curriculum covers a wide range of important topics, such as financial reporting, ethics, and quantitative methods, which can deepen your knowledge and understanding of investment principles.
Marketability: Having Level 1 on your resume can make you more attractive to employers, especially if you lack practical experience. It shows initiative and a commitment to professional development.
Alternative Skills: While studying for the CFA can be beneficial, it’s also important to supplement this with other skills. Consider gaining experience through projects, networking, or relevant coursework. Skills such as financial modeling, Excel proficiency, or even programming can also be very appealing to potential employers.
Internship Alternatives: If you don’t secure a traditional internship, explore other opportunities like volunteering, part-time jobs in finance-related roles, or joining investment clubs. These experiences can also help build your resume and network.
Networking: Don’t underestimate the power of networking. Engage with professionals in your desired industry through LinkedIn, alumni networks, or local finance events. They may provide insights or even lead to opportunities that aren’t advertised.
Overall, pursuing the CFA Level 1 can be a great step while also looking for other ways to build your practical experience and skills. Balancing both will enhance your profile as a candidate for future roles. Best of luck to you!
Feel free to reach out if you have more questions!