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2023 Level II CFA Program Changes

Each year CFA Institute makes changes to the exam curriculum. This year there have been a small number of changes to the LII curriculum. There are 49 learning modules in the 2023 Level II curriculum versus 47 readings in 2022. (The CFA Institute has made this change: A Reading is now referred to as Learning Module (LM) for each topic.) 5 readings from 2022 were dropped: Introduction to Linear Regression Capital Structure Mergers & Acquisitions Capital Budgeting Return Concepts 1 new reading was added: Cost of Capital: Advanced Topics 6 readings were updated. Multiple regression content has been divided into… Read More

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Failed the Level III Exam? Sorry To Hear That…

Level III is a strange exam. In fact this is the only exam where I come across some very smart and hardworking people failing. This has to do with the format for the exam. Those who study a lot, know a lot and end up writing a lot.  The problem with this approach is that a candidate might do half the paper really well but scramble through the rest… possibly leaving a few questions all together. The most you can get on a good response is 100%.  If you leave an answer blank you get 0%.  Bottom line is that… Read More

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Grading of 2022 LIII CFA® Program Mock Exam and IFT Mock Exams

CFA Society Boston Level III 2022 Mock Exam is available for registered candidates. Candidates must do this mock and other mocks close to the actual exam to improve their exam-taking ability. After doing the mocks, they will Learn from their mistakes; ‘scale up!’ Get their mock exams professionally graded Use the grader’s tips and fix oversights IFT offers Level III candidates an exclusive personalized feedback service on their constructed response (essay) exam attempts. This service is offered for the 2022 Level III CFA® Program mock exam and IFT mock exams. Here is how IFT Grading Service improves your skills after… Read More

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Your May 2022 Level I Exam Results

Today CFA Institute is announcing the results for the May 2022 Level I exam. If you know your result, then you have either experienced the joy of passing or the disappointment of falling short. The result time is always slightly awkward for me – because I share the happiness of those who did well, while at the same time I feel for those who did not make it. You will fall in one of the categories given below. Please click on the link which describes your situation. It is possible that a few of you might not have received your… Read More

Level I

Advice for those who passed the May’22 Level I exam

Congratulations!   Passing the Level I exam is the first major milestone on your journey towards the CFA charter and is a major accomplishment. At this stage, you might be wondering whether to take the Level II exam in November 2022 or in the year 2023 and if so, when to start studying? Whether or not to take the Level II exam in November 2022 should depend on the following: Did you enjoy the Level I material and are you still excited about pursuing a career in investment management? Given your personal and professional commitments, will you have enough time… Read More

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Advice for those who didn’t pass the May’22 Level I exam

If you failed the Level I exam it is natural to feel disappointed, but you must put this temporary setback behind you and move on.   Failure was never meant to be a signal to turn back, but instead, an obstacle that the stronger and wiser use to boost themselves up and attain greater heights. Your recent failure might cause you to wonder whether or not to continue with the CFA Program, and if so when to retake the exam. Let us consider the first question: whether to continue with the CFA Program or not. For those who did not… Read More

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2023 Level III CFA Program Changes

CFA Institute periodically updates its curriculum for the CFA Exam. The regular updates are meant to stay up to date with the innovations and challenges of the investment management industry. However, for the 2023 exam year, there are no changes from the Level III 2022 curriculum. This may partly be due to the many changes we saw in 2022. To see the changes introduced in 2022 click here. This is good news for those candidates who may need to re-take the Level III exam in 2023! IFT Level III Exam Prep Packages are available now, start your studies now with… Read More

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2023 Level I CFA Program Changes

Each year CFA Institute makes changes to the exam curriculum. 2023’s level 1 Curriculum has changed in terms of the structure along with some revisions in the content. Revised Structure: Study sessions are no longer part of the curriculum and readings have been replaced with Learning Modules. The curriculum structure for 2023 is as follows: Topic (e.g., Portfolio Management) Learning Module(s) (e.g., Introduction to Risk Management). Learning Modules are now the equivalent of the old “Readings”. LOS (e.g., define risk management). LOS are no longer numbered. Lesson(s). Content Changes: On the content side, a few learning modules were added and some… Read More

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Your February 2022 Level II Exam Results

Today CFA Institute is announcing the results for the February 2022 Level II exam. If you know your result, then you have either experienced the joy of passing or the disappointment of falling short. The result time is always slightly awkward for me – because I share the happiness of those who did well, while at the same time I feel for those who did not make it. For those who took the Level II exam, you will fall in one of the categories given below. Please click on the link which describes your situation. It is possible that a… Read More

Level II
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