Pursuing both cfa level 1 and frm 1,during ca articleship , one after the other

Hey Ronit,

Yes, you can pursue CFA Level 1 and then FRM Level 1 during your CA Articleship, one after the other. Many students do this to build a strong financial skill set alongside their CA.

Here’s how you can approach it, especially with ICAI:

• Form 112 is generally for requesting exemption or extension related to your articleship or CA exams.

• Since CFA and FRM are external professional certifications, ICAI does not restrict you from pursuing them during articleship.

• You do not need special permission or formal approval from ICAI to take these exams alongside your articleship.

• However, if you want to inform your Principal or Training Officer, you can do so as a courtesy, especially if you need some flexibility in work hours.

• For Form 112, if you are seeking extension of articleship or leave to prepare for these exams, then you can submit the form citing your study plans for CFA and FRM.

Suggested Approach:

1. Complete CFA Level 1 first.

2. Then start preparing and register for FRM Level 1.

3. Manage your study schedule around your articleship commitments.

4. Inform your Principal and plan leaves if needed.

5. Use Form 112 only if you need official leave or extension of articleship period for exam preparation.