Should I pursue my CFA Level 1 next summer or wait for an internship?
I’m currently finishing my first year of undergrad, and given the state of the job market, I haven’t secured an internship for this summer.
My question is whether it would be beneficial to start studying for my CFA Level 1 now and plan to take the exam next summer (August 2026), as I begin my third year.
I understand that the general advice prioritizes internships over certifications, but since I couldn’t land an internship this summer, I’m considering dedicating next summer to studying for the CFA exam. Would it make sense to focus on preparing for the CFA now, or should I hold off and try to find an internship for next summer (August 2026)?
One response
It’s great that you’re thinking ahead about your career and considering the CFA Level 1. Here are a few points to help you make your decision:
Prioritize Internships: Internships provide hands-on experience, networking opportunities, and skills that you can apply in a real-world setting. The experience from an internship can often outweigh the benefits of an early certification, especially when it comes to landing future roles.
CFA Preparation: That said, if you feel confident in your ability to balance study and potential internship applications, starting to prepare for the CFA Level 1 can be a valuable use of your time. Having your CFA Level 1 done can help differentiate you in a competitive job market.
Consider Summer Work: If you’re unable to secure an internship this summer, consider alternative experiences (like part-time work, volunteering, or project work) that could enhance your resume. These experiences can still provide valuable skills and demonstrate initiative.
Plan Ahead: If you decide to pursue the CFA, plan your summer before your exam carefully to create a study schedule that’s manageable alongside any commitments you take on. Just remember that you’re still in school, and your academic performance should remain a priority.
Networking: Even while studying, actively seek networking opportunities and informational interviews in your desired field. This could help you secure an internship next summer and add real-world context to what you’re learning in the CFA material.
Ultimately, finding the right balance between gaining practical experience and pursuing certifications is key. If you can find a way to integrate both experiences, you’ll be better positioned as you move further in your career. Good luck!