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CFA Level III - Study Packages

The Level III curriculum is much more heavily weighted to portfolio management and wealth planning.

Our upcoming Level III study packages will be comprehensive & consistent with our other offerings.

Level III Study Packages Arriving 2024

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Level III Exam Dates

Dates are subject to change. Consult the CFA Institute for latest updates, registration and additional exam dates.

FAQ - Level III

The CFA Level III exam covers 7 topic areas:
Topic Weight
Economics 5 - 10%
Portfolio Management 35 - 40%
Derivatives 5 - 10%
Fixed Income 15 - 20%
Equity Investments 10 - 15%
Alternative Investments 5 - 10%
Ethical and Professional Standards 10 - 15%
Level III
300 hours recommended minimum

According to a recent survey conducted by the CFA Institute the average study hours of CFA Level III candidates was 344 hours.

Level III

The Level III exam duration is 4 hours and 24 minutes, split into two equal 2 hour and 12 minutes sessions. There is an optional break between the sessions.

The exam contains a number of item sets that consist of vignette style scenarios with multiple-choice and essay response questions.

The topic coverage is randomly placed between either or both sessions.

The exam is conducted in english language only.

Level III
The CFA Level III exam is conducted twice a year, during the following months in 2023:
  • February
  • August

For additional Level III exam dates see here or refer directly to the institute website: CFA Institute

Level III

The following outlines the registration deadlines for the scheduled upcoming CFA Level III exams:

Exam Sitting Registration Deadline Exam Dates
Feb 2023 Nov 8, 2022 Feb 21 - 23, 2023
Aug 2023 May 9, 2023 Aug 29 - Sep 5, 2023

For additional Level III exam dates see here or refer directly to the institute website: CFA Institute

Level III
To enroll for the Level III exam, the following is required:
  • Pass Level II CFA exam
Level III

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