Quote:
Originally Posted by rd_aaron
I'm not in the finance/commerce field but I'm curious, does having a Level 1 or Level 2 designation mean anything to employers, or do you need to go the whole way through? Will you get a raise once you complete the CFA or does it just allow you to climb the ladder easier?
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As others have mentioned there is no Level 1 or Level 2 designation. If you're signed up to write level 1 you're a "level 1 candidate", if you've passed level 1 but haven't signed up for level 2 you've "passed level 1", if you've passed level 1 and signed up for level 2 you're a "level 2 candidate", etc, etc.
As for the question of does it mean anything, it really depends. I've seen job application that specifically ask for someone who has at minimum passed a certain level and I've heard from friends that some companies want you to be at a certain level before you can move up the corporate ladder.
From what people have told me, passing level 1 helps but people take you're progress with the designation more seriously once you've got level 2 under your belt.