myfinancial careers.com IS DODGY EVERYONE:
1. I also got contacted by them out of the blue, in which I was confused about how they got my contact details. They claimed I had applied to them which I did not recall.
2. Then proceeded to interview you (with my ‘recuiter’ going under the name Amos Campbell) on the phone for around an hour, but stated they couldn't tell me the name of the company because of "contractual obligations".
3. Questions are very very basic, and then claim they love you as a candidate, and pretend to put you on hold to discuss your application.
4. This is when they bring up the qualification and how I would need the regulation in order to progress my application. And if you buy the course, they will progress your application
5. Unfortunately, I did buy the course, but luckily I came to my senses after doing further research online and consulting with others, to which I clocked this may be an intricate pressurised business practice.
6. I was able to apply for a refund directly CIFA as luckily I did not start the course and applied for the refund within the 14-day refund period. Luckily their customer service did respond quickly, but not surprisingly because legally I am allowed to have a refund.
7. The catch is that these ‘recruiters’ know this, and so heavily put pressure on you to start the course and to wait 4-6 weeks for a response from this company, in which by the time you have realised it is a scam, you can’t get your money back.
8. Reading other reviews on here, Reddit and other platforms, I see that people waited the 4-6 weeks and had poor or little-to-know communication with the ‘recruiter’ in which they came to find out that this is all an elaborate ploy - or maybe a form of a recruitment scam.
Additional notes:
I HEAVILY suspect that they work together with CIFA to pressure graduates into taking the course (fyi CIFA is not an FCA Approved Qualification Provider), so essentially is not a course you should be taking to further your career, you are much better taking a course from CFA or any other FCA approved courses. This company was incorporated on 20th Sept 2023 (check the govuk website) and there is also not alot of email traffic to the site. For them to have so many negative reviews already in such a short space of time but at the same time claim to have contacts within the most prestigious companies in the industry screams something dodgy is going on here.
Overall, NO established recruiter will call you out of the blue and require you to purchase a course to be considered for a job/ progress to a certain stage. Unless it is employer-sponsored, don't spend anything on a course.
PLEASE TAKE CARE PEOPLE!
EDIT/UPDATE 19/03/2024: After writing this initial review, I have just gotten a threatening email from CIFA telling me to take down my review else legal action will be ensued. I see this is consistent of them to do to people who post bad reviews about them
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What I find funny is that I was simply telling everyone my experience, there is nothing defamatory about this review
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I also find it funny that this review was primarily about myfinancialcareers.com and not about CIFA, but yet I got a threatening email from CIFA. This affirms my belief that CIFA and myfinancial careers are somehow associated with each other to some degree, because why is CIFA concerned about my review about a completely ‘separate’ company or how did they even know that I wrote this review?