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CFA Blog of IFT

Advice for those who passed the Feb’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 August 2022, November 2022, or in the year 2023 and if so, when to start studying? Whether or not to take the Level II exam in August 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… Read More

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Advice for those who didn’t pass the Feb’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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Grading of 2022 LIII CFA® Program Mock Exam and IFT Mock Exams

CFA Society Boston Level III 2022 Mock Exam is available now and can be accessed from the Learning Ecosystem for the registered candidates. Candidates must do this mock now to improve their exam-taking ability well before the actual exam. After completing the mock(s), it is essential to learn from your mistakes and ‘up your game!’ Have your mock exams professionally graded to learn where you took a wrong turn. IFT offers Level III candidates an exclusive service of personalized feedback on their constructed response (essay) exam attempts. This service includes the 2022 Level III CFA® Program mock exam and IFT… Read More

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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 video below to understand how to approach this formidable paper and the next steps you need to take!   You can download the 2022 Relevancy document from this link. All 2022 IFT video packages include the Past Essay Exam Solution Videos. The videos cover selected essay exam questions from 2012 to 2018. Explore: IFT Level… 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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Your November 2021 Level II Exam Results

Today CFA Institute is announcing the results for the November 2021 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

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. Now, however, your next major target should be to clear the Level III exam. Unless there are compelling reasons otherwise, I’d recommend that you take the Level III exam in May 2022 or August 2022. You have a rhythm going, the Level II material is relatively fresh, so why wait?  Now let us talk a little about Level III. There is a common perception that Level II is the hardest of all three exams, and so things get a little easier with… Read More

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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

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