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The investment profession is moving to a primarily digital format. To align with the professional environment and have operational flexibility, the CFA Institute has transitioned from paper-based to computer-based exams. The COVID-19 global pandemic has just accelerated CFA Institute’s decision to adopt the move early. As the exam will be computer-based, the CFA Institute has made certain changes to its Program Exams to facilitate the testing process. What is Changing for the 2021 CFA Level III Exam? Starting 2021, Level III of the CFA®exam will be offered in a computer-based testing format. Exam duration will be approximately 4.5 hours, split… Read More
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
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
Final advice video for the Level II December 2020 candidates before their exam. Listen to these tips to improve you performance on the exam! ➡️Get IFT Key Facts and Formula Sheet here: https://ift.world/product/l3-key-facts-formula/ ➡️2020 Level III ILEX free trial: https://ift.world/cfalevel3 ➡️Curriculum Practice Problem Videos videos: https://ift.world/product/l3-curr-pp-videos/ ➡️Accelerate your studies with IFT High-Yield Course: https://ift.world/product/ift-high-yield-course-l3/ ➡️Watch How to prepare videos here: https://ift.world/preparing-level-iii-cfa-ift/ ➡️IFT Live Online Classes: https://ift.world/live/ ➡️Visit us on Facebook: https://www.facebook.com/Pass.with.IFT/ #CFA #IFT #HighYield #FormulaSheet
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 Portfolio Management weight has been reduced since 2019 from 40-55% to 35-40%, and the weights for Fixed Income and Equity have increased. There are no changes in Study Sessions’ weights relative to 2020. Notice that the weights are given in ranges so that CFA Institute is not committing to a specified number of questions. For example, Fixed Income has a range of 15 – 20%. This means that Fixed… Read More