CFA Level III | Foresight School

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
Ethical and Professional Standards	10–15%	15
Asset Allocation (Core)	15–20%	25
Portfolio Construction (Core)	15–20%	30
Derivatives & Risk Management (Core)	10–15%	18
Performance Measurement (Core)	5–10%	12
Specialized Pathway (Elective)*	30–35%	50
Total	100%	150

CFA® Level III

Topic

Weight

Classroom Hours

Ethical and Professional Standards

10–15%

Asset Allocation (Core)

15–20%

Portfolio Construction (Core)

15–20%

Derivatives & Risk Management (Core)

10–15%

Performance Measurement (Core)

5–10%

Specialized Pathway (Elective)*

30–35%

Total

100%

150