The registration fee is not cheap, about 1000 USD. CFA Association has the principle of early bird. The earlier you register, the lower the registration fee. Now it's 6-7 thousand yuan to exchange RMB. Plus review materials and calculators.
Both Daoming City and CFAspace in China can be used. I use Dao Mingcheng, the agency fee is 50, but his exchange rate is not real-time, so it is more expensive than normal self-reporting. It will save some money to register yourself, but it will be more troublesome.
CFA 1 registration fee includes textbooks, which weigh 8.5 kg. Under normal circumstances, few people read textbooks, which are numerous and miscellaneous. My set of textbooks is still brand-new. Just buy a set of notes, which are available on Taobao. Notes covers the vast majority of test sites, with less content, prominent focus and clear organization. Understand everything, and then pass. There are exercises in the notes. Before the exam, we should do several sets of official simulation questions to find the feeling, because other teaching institutions have different grasp of the exam from the official ones, and the official questions are closest to the original questions, so it is good to use them to find the feeling. I don't think anything is needed except notes and official simulation questions.
CFA Association requires that the first-level registration must be at least a senior, but I have also seen junior children sign up. I think you should be able to apply for a junior year, although it is against professional ethics, anyway ~ ~ ~
The exam is not simple. The last 1 grade exam was in February 2008, and the global pass rate was 35%, which was not very high. The cost is also very expensive. If you decide to take the exam, you should prepare for classes for at least 4 months, 2-3 hours a day, five days a week.
Sophomore specialized courses may not be enough. Because your major is financial engineering, and 1 focuses on accounting and professional ethics, asset pricing does not need too complicated models. Can the cash flow statement be supplemented? What do preferred stock and common stock mean? What are IRFSs and CAPM? What kind of inventory flow hypothesis is only used in American standard, LIFO, FIFO, specific logo, weighted average. What is the relationship between inflation rate and employment level? Will the current ratio and quick ratio count?
If you can answer all the above questions, it should be said that it will not be too difficult to prepare. If you know the answers to some questions, you need to be prepared. If you don't know what I'm talking about, I can only say children. You can wait until your senior year to register, and you won't be too tired to prepare.
Finally, I suggest you go to CFA Space, Daomingcheng and China CFA Network to register, and communicate with people who also take the exam is the best way to get information.
Come on, I hope you can become a CFA franchisee. Finally, I remind you that you still need four years of work experience after passing the Level 3 exam. It usually takes about 30 years old to become a member. Are you ready?