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Your 2023 Level II Exam Results

The CFA 2023 Level II exam results have been announced. 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 that describes your situation. It is possible that a few of you might… Read More

Level II

Advice for those who passed the Level II exam

To begin, I would like to congratulate you. You have passed the Level II exam, a significant accomplishment. Your next major goal should be to clear the Level III exam. The next available Level III exam is in August 2024, so that is roughly 7 months away. If you feel you have a rhythm going, then don’t wait, register and start studying. If you want to take a longer time to complete the curriculum and revision then register for the exam in 2025. Now let us talk a little about Level III. There is a common perception that Level II… Read More

Level II

Advice for those who didn’t pass the Level II exam

If you failed the Level II exam your natural response is probably to feel disappointed. You might even be wondering whether or not you should continue with the CFA Program. The typical advice is to keep trying; however, I suggest a more thoughtful approach. Put the result on the side for a moment and ask yourself: Did I really enjoy the subject matter? Try doing a post-audit on why you did not pass. Was it because you did not have enough time to prepare for the exam? Or did you have a very hard time understanding the concepts? Is the… Read More

Level II

Your November 2023 Level I Exam Results

CFA Institute has announced the results for the November 2023 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 that describes your situation. It is possible that a few of you might not have received your result… Read More

Level I

Advice for those who passed the Nov’23 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 May 2024 or later and if so, when to start studying? Whether or not to take the Level II exam in May 2024 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 to study for the… Read More

Level I

Advice for those who didn’t pass the Nov’23 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 pass,… Read More

Level I

Past Level III Constructed Response or Essay Exam Questions

At Level III, CFA Institute challenges you in a unique way – the formidable Constructed Response or Essay Exam format. One very common way to prepare for which students use is to look at past papers which were made available.  However, as you know, the exam curriculum changes each year and hence you need to know which questions are still relevant. You need to find the questions that are still covered in the current LOs and doing this is not an easy task for you. The good news is that IFT has done this for you. We have created the… Read More

Level III, Uncategorized

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 of 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 altogether. The most you can get on a good response is 100%.  If you leave an answer blank you get 0%.  The bottom line is that… Read More

Level III

2024 Level III CFA Program Changes

Each year CFA Institute makes changes to the exam curriculum. This year there are some major revisions and some minor revisions to the Level III curriculum. There are minor changes in the revised readings. The changes in the LOS for the revised readings are given below. The material remains the same primarily from the concept testing point of view. Data in Examples and Exhibits have been updated to make it more relevant for 2024, but that does not change the concepts taught in 2023. Some text has been added to the revised readings to introduce the candidates to say a… Read More

Level III

How to Pass the Level III Essay Exam

The Level III Structured Response or ‘Essay’ Exam is very different from the exams you have seen at Level I and II. Only if you understand this exam format and are able to ACE it….will you stand any chance to pass the Level III exam! Watch the video below to understand how to approach this formidable paper and the next steps you need to take! In order to familiarize yourself with the CFA Prometric online testing software be sure to check the simulator at this link: https://training.prod.prometric.mindgrb.io/CFA-Tutorial/launch_html_delivery.html You can download the 2023 Relevancy document from this link. All 2023 IFT video… Read More

Level III, Uncategorized
Live Classes For August 2024 CFA Program Exam
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