CFA Blog of IFT

Advice for those who passed the 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 or November 2021 and if so, when to start studying? Here is how your path to your charter can look like:   Whether or not to take the Level II exam in August 2021 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… Read More

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2021 CFA Program Level III Exams and Computer Based Testing

Level III Exam Overview of the Computer-based Testing (CBT) CFA is transitioning to computer-based testing instead of paper-based exams for all levels from 2021. Here is a summary of the major changes for the 2021 exams. Study Sessions & Weights There are no changes in Study Sessions’ weights relative to 2020. The CFA Institute gives weights in ranges instead of giving a specified number of questions. For example, Fixed Income has a range of 15 – 20%. This means that Fixed Income questions can be 15%, 20%, or an average of 18% of the total questions. You should expect to… 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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