Monday, September 3, 2012

CFA withdrawal option

http://www.cfainstitute.org/about/governance/policies/Pages/level_i_withdrawal_option.aspx

This is the link where candidate can get more information about withdrawing from the CFA  examination if they are not able to appear for exam for any reason. Benefits of withdrawing are as follows.
1. They can register for next exam without the delay charge need o be paid by no show candidates due to waiting period till results. Candidate cannot register for next exam until the results are out, if a person decides to seat for Dec exam level 1 but for some reason cannot appear for the same he cannot pay fees for June exam till the results for Dec are out. This way he may need to shell out extra amount of money than the normal case where he withdraws and then reappears.
2. Withdrawing can reduce the anguish felt by person for waiting a year or so.
There can be lot of reasons why a candidate may need to withdraw but I will always suggest anyone seating for the exam to at least give a try if they have paid the fees, An attempt at least gives the candidate the feel of the exam. They understand the exam format its exhaustiveness and efforts required,
           No show will certainly benefit emotionally but not practically