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CFA level III

  • CFA Level III exam is 50% subjective and 50% objective (case based questions like level II). Exam is conducted in an online format. It has been the case that the candidate scoring good marks in subjective paper generally clears the exam comfortably. Pass percentage candidates is slightly higher for Level III exam which is around 50% while it stays around 40% level for Level I and Level II exam. Students will be provided with enough practice in classroom itself for the subjective part. Cases would be discussed in each class.
CFA® Level III
Topic Weight Classroom
Ethical and Professional Standards 15-20 12
Quantitative Analysis 0 0
Economics 0 0
Financial Reporting and Analysis 0 0
Corporate Finance 0 0
Portfolio Management 45-55 50
Equity Investments 5-15 9
Fixed Income 10-20 15
Derivatives 5-15 12
Alternative Investments 5-15 12
Total 100% 110