CFA Level III is the final stage of the CFA Program and focuses strongly on portfolio management and the application of investment knowledge in real-world portfolio and wealth-management situations. Candidates also select a specialised pathway according to their area of interest.
Topics Included
Ethical & Professional Standards, Portfolio Management, Fixed Income, Equity Investments, Derivatives, Alternative Investments and Economics.
Specialisation / Pathways:
Portfolio Management, Private Markets or Private Wealth.
Exam Pattern
- Essay + Item Sets
- Brochure states 11 of each
- Duration: 4.5 Hours
- Exam Frequency: 2 times a year – February & August
Passing Requirement
Candidates must meet the CFA Institute’s applicable Minimum Passing Score (MPS). The brochure shows an approximate historical passing rate of 50% for Level III.