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
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

CFA® Level III

Topic

Weight

Classroom

Ethical and Professional Standards

15-20

Quantitative Analysis

Economics

Financial Reporting and Analysis

Corporate Finance

Portfolio Management

45-55

Equity Investments

5-15

Fixed Income

10-20

Derivatives

5-15

Alternative Investments

5-15

Total

100%

110