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CFA Blog of IFT

2023 CFA Level III Exam Format

Dear Level III candidates, CFA Institute shared with us the following information about the 2023 Level III exams: We wanted to share some information about the format of the Level III exam that candidates will see in the February 2023 window and beyond. The look of an item set and essay set will not change with the Feb 2023 exam. The item sets will still have a vignette followed by 4 multiple choice questions, and the essay sets have a vignette followed by a varying number of essay questions, typically 3 or 4. What will change is how they are… Read More

Level III

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

Level II

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

Level III

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

Level III

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

Level I
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