With less than one month to go candidates are now in crunch time for the CFA examinations on June 4th. If you are a charterholder, you likely vividly remember the anxiety of these last few weeks before the exam, hoping that certain topics will be tested heavily, and that other topics will be avoided. You may also remember the constant checking to make sure you have the right ID, verifying that you packed enough writing utensils, practicing the route to River Centre (and maybe a backup route as well) and wondering how many backup batteries you really need for your calculator (is four too many?).
As we have for the past three years, CFA Society Minnesota provided prep classes at all three levels this year, offered over the course of three weekends in April and May. More than 60 candidates attended these classes, including a sold out Level II class. A big thank you to Travis Simon, our class coordinator, and all the instructors for the work they put in over the past few months helping candidates prepare for the exam.
In addition to those who took our classes many other candidates were involved in our study groups or used their Society membership to receive discounts on Schweser products. Candidate preparation is a core component of the work CFA Society Minnesota does, and I wish all candidates the best of luck on June 4th.
If you already are a charterholder please don’t forget about our post exam party, beginning at 4:30pm on exam day at the Eagle Street Grille in St. Paul. Come celebrate with the test takers at all three levels as they enjoy a much needed respite from studying and taking practice tests. Tell the candidates how great it will be when they finally pass Level III and receive the charter, at which point they can burn their CFA books in a celebratory bonfire – or, for the CFA nerds out there, prominently display them in their office. Just don’t tell them that the CFA exam nightmares will go away (e.g. forgetting your ID, being asked only FSA and quant questions, going to the wrong location, the Institute deciding to add a fourth level before you finish, etc.). As a couple coworkers of mine were discussing just the other day, including one who got the charter over 30 years ago, those nightmares still occasionally occur.
Joshua M. Howard, CFA
President, CFA Society Minnesota