FINANCE

ANNOUNCEMENTS

2010 CFA Scholarships announced

2010 CFA scholarships were recently announced. Students were competing for one of five scholarships that will cover their expenses to take the CFA exam next June.

The five undergraduate awards were presented to:
Routing Sun
Jeff Smith
Bill Schwartz
Sarada Weerasinghe
Wun Shuen Wong

Please join us in congratulating them on their award.

Q and A

Are there any specific classes I should take to prepare me for the level 1 exam?

I have done MBA from India. Can I apply for the CFA? Can you tell me about the application procedure, fees, criteria and scholarship?

Do students get tutored for the CFA exam, or merely receive books adn prepare ourselves? If I intend to take the exam in Dec. 2007, do I still get tutored?

I graduated from Eli Broad in 2005 and currently am employed by Ameriprise Financial. I want a different career path in the financial industry and want to get my CFA. From where I am now, how do I get my CFA. Can I just apply on your web site? What steps do I need to take? Do I need to get a firm to sponsor me? Thanks so much!

Q: Are there any specific classes I should take to prepare me for the level 1 exam?

A: You should take as much accounting (ACC 300 and 301, for example) and FI478, FI455, and FI473 are all important for the first exam. Other finance classes, such as FI451 and FI414 are also valuable.

Q: I have done MBA from India. Can I apply for the CFA? Can you tell me about the application procedure, fees, criteria and scholarship?

A: No. The scholarships are only available to CURRENT undergraduates.

Q: Do students get tutored for the CFA exam, or merely receive books adn prepare ourselves? If I intend to take the exam in Dec. 2007, do I still get tutored?

A: There is no tutuoring involved, although there are several companies that offer review classes. The classes are similar to those you would take to prepare for the LSAT or GMAT and cost about $1,000.

Q: I graduated from Eli Broad in 2005 and currently am employed by Ameriprise Financial. I want a different career path in the financial industry and want to get my CFA. From where I am now, how do I get my CFA. Can I just apply on your web site? What steps do I need to take? Do I need to get a firm to sponsor me? Thanks so much!

A: You should visit the CFA website and follow the enrollment procedures for the level 1 exam. The MSU partnership agreement is only for undergraduates currently enrolled at MSU.

You do not need to have a firm sponsor you for the exam.