CFA Level 3 exam is the final level after which candidates can be certified as Chartered Financial Analysts. The CFA Level 3 exam focuses on wealth planning and portfolio management. CFA level 3 exam is graded for 360 points, which stands to one point per minute. The duration of the level 3 exam is 4.5 hours, which is divided into two sessions.
CFA Level 3: Registration Process
⦁ To register for CFA Level 3 exam, candidates are required to fill it’s the registration form online on the official website of the CFA Institute with the necessary details and select the preferred exam center.
⦁ The next step would be to select suitable eligibility criteria from the given options. Candidates are required to fill in the details of their profession, employer, employer location or education level.
⦁ Read the Candidate Agreement and accept it after properly reading it.
⦁ Candidates are required to select the format of the CFA study material they wish to get.
⦁ Candidates must fill in the fees via credit card, wire transfer and other payment methods.
CFA Level 3: Exam Pattern
The following are the details and guidelines of the CFA Level 3 exam:
⦁ The entire duration of the CFA Level 3 exam is for a period of 4.5 hours with each session divided into a period of 2 hours 15 minutes.
⦁ There will be a total of 8-11 Vignettes followed by MCQs in the second session. The total number of MCQs for the Level 3 exam is 44.
⦁ There are also essay-type questions that have varying points accredited to them.
⦁ The candidates have to type the answers in the text box.
⦁ The MCQs will have 3 or more choices.
⦁ It focuses on effective wealth planning and portfolio management by requiring the candidate to synthesize all the concepts and analytical methods in the entire curriculum.
⦁ The candidates are required to put in about 344 Hours a year to pass the level 3 exam.
⦁ The average passing rate was 54%.
CFA Level 3 Exam Dates
CFA Course Job Profile
After the completion of the CFA certification course, a Chartered Financial Analyst can get employed in the following positions such as Business Consultant, Investment Manager, Private Bankers, CFO and Many more. The candidates can get an average salary of INR 8,00,000-INR 20,00,000.
Let us discuss the CFA salary in India for the different job profiles
At AP Academy we want you to succeed in your qualification, and will support you every step of the way, but we need you to put in the effort too. Practice makes perfect, so make sure to leave as much time as possible for exam preparation and practice questions.
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