CFA Level 3 Feb 2023 - Dates, Registration, Syllabus & Pattern, Result
CFA Level 3 2023 - The Chartered Financial Analyst Institute conduct the CFA level 3 exam two times a year - February and August. The exams for the February 2023 session will be held from February 21 to February 23, 2023. CFA Level 3 registrations for February 2023 session are closed and the registrations are open in online mode for August 2023 session. Earlier the institute declared the CFA level 2 May 2022 session exam result on July 30, 2022. Before registering for the CFA level 3 exam, candidates should be aware of the cutoff dates.
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The Chartered Financial Analyst Institute conducts the Chartered Financial Analyst exam in three different levels. CFA level 3 exam cannot be taken by candidates unless they qualify CFA Level 1 and CFA level 2. As per the Level 3 exam pattern, candidates have to solve 88 vignette-supported essay type questions and multiple-choice questions. Complete information related to the CFA Level 3 eligibility criteria, registration, fees, admit card, paper pattern, syllabus, exam centres etc., are mentioned in this article.
CFA® Level 3 Exam Overview
Particulars | Details |
Exam name | Chartered Financial Analyst Exam |
Level of exam | National level exam |
Conducting body | The Chartered Financial Analyst Institute (CFA) |
Duration of CFA Level 3 exam | 4 hours and 24 minutes (will be divided into two sessions) |
CFA Level 3 Frequency | Two times - May and August |
Mode of the exam | Online computer-based |
Language of the CFA Level 3 exam | English |
Enrollment fee for CFA Level 3 | USD 350 |
CFA Level 3 early registration fee | USD 900 |
Exam website | www.cfainstitute.org |
10-year average pass rate | 53% |
Helpline number | 001434-951-5499 |
CFA Level 3 Exam Date
As mentioned, the CFA Level 3 exam 2023 will be conducted twice - May and August. To stay updated with the ongoing events, candidates willing to take the Level 3 exam should keep in mind the exam schedule provided by the CFA Institute.
CFA Level 3 Exam Dates
Events | May 2022 | August 2022 | February 2023 | August 2023 |
Registration Window Opens | July 20, 2021 | December 1, 2021 | May 10, 2022 | November 14, 2022 |
Scheduling Window Opens | July 20, 2021 | December 1, 2021 | May 10, 2022 | November 14, 2022 |
Early Registration Deadline | November 4, 2022 | February 1, 2022 | August 9, 2022 | February 01, 2023 |
Registration Closes on | February 8, 2022 | May 3, 2022 | November 8, 2022 | May 09, 2023 |
Scheduling Last Date | February 16, 2022 | May 25, 2022 | November 16, 2022 | May 24, 2023 |
Rescheduling deadline for CFA Level 3 exam | April 23, 2022 | July 30, 2022 | January 20, 2023 | July 28, 2023 |
CFA Exam Dates | May 24-26, 2022 | August 30-September 6 | February 21-February 23, 2023 | August 29 to September 05, 2023 |
CFA® Level 3 Result Date | July 30, 2022 | November 1, 2022 | To be notified | To be notified |
CFA Level 3 Eligibility Requirement 2023
To avoid any future discrepancies or rejections by the CFA Institute with regard to registration, candidates should go through the CFA Level 3 eligibility requirements given on the official website
Should have passed both CFA level 1 and CFA level 2 before registration
Should have a bachelor’s degree from any recognized university/ college
Should have a combination of higher education (acquired in at least 4 years) and/or work experience (4000 hours)
Other basic CFA Level 3 2023 eligibility requirements
A valid international passport is mandatory
Proficiency in English
CFA Level 3 Registration 2023
As per the official exam dates, the CFA Level 3 registration for the August 2023 session is open. To register candidates have to log in to their official CFA accounts and fill the application form in online mode only. The CFA Institute does not accept offline applications. For the complete schedule of registration, check CFA level 3 exam dates.
Steps to register for CFA Level 3 exam 2023
Step 1 - Go to the official website - cfainstitute.org and select the option Program then go to Register from the dropdown menu
Step 2 - Enter your login details of the CFA account such as email address and password
Step 3 - Select CFA Level 3 course registration and fill the application form
Step 4 - Complete payment according to the CFA Level 3 registration fee
Step 5 - Download the level 3 registration confirmation receipt and save it for future reference
CFA Level 3 Fees 2023
Similar to other levels. the registration fee of CFA level 3 also varies according to the time duration of registration. The early birds who register for the CFA level 3 exam within the early registration deadline have to submit lesser registration fees as compared to those who register before the registration closes.
CFA Level 3 Registration Fee
Particulars | Fees |
Early registration fee | USD 900 |
Standard registration fee | USD 1200 |
CFA Level 3 Admission Ticket 2023
Once the registration, scheduling, and rescheduling duration for a particular session is over, the CFA Institute releases the CFA Level 3 admit card/admission ticket. Candidates can easily download their CFA Level 3 admission tickets under their official CFA account in online mode. It is mandatory for candidates to have a hard copy of the CFA level 3 admit card on the day of the exam. Entry without the admit card is restricted, hence, all registered candidates should download it beforehand.
Details mentioned on the CFA Level 3 admission ticket:
Candidate’s name and CFA Institute ID number
Last four characters of the passport
Passport expiration date
CFA level 3 Exam date (as selected by the candidate from the given window)
CFA level 3 test centre details
Reporting time at which candidates should reach the exam centre
Exam day guidelines (if any)
CFA Level 3 Exam Pattern 2023
The CFA Institute officially prescribes the information related to the CFA level 3 exam pattern such as exam time duration, type of questions asked, the language of paper, and marking scheme. To understand the system of examination followed by the CFA Institute, candidates should have knowledge about the CFA Level 3 exam pattern.
Paper Pattern 2023
Particulars | Details |
Medium of exam | English |
type of questions | Vignette-supported
|
Duration of exam | 4 hours and 24 minutes |
Marking scheme |
|
Mode of exam | Computer-based |
CFA Level 3 Test Centre 2023
The CFA Institute releases the list of CFA level 3 test centres on its official website. Test centres are the locations/places where the exam will be conducted. For the year 2023, CFA Level 3 exam is likely to be held in more than 400 test locations across the globe. A list of the Indian CFA level 3 exam centres is uploaded in PDF format on its official website by the CFA Institute. Any changes in the CFA Level 3 exam centre list given below will be updated from time to time.
Exam centres 2023
Ahmedabad | Jaipur |
Bengaluru | Kolkata |
Bhopal | Lucknow |
Kochi | Chennai |
Hyderabad | Mumbai |
Indore | Guwahati |
Bhubaneshwar | Chandigarh |
New Delhi | Pune |
CFA Level 3 Topics 2023
The CFA Institute helps candidates in their preparation by providing official topics for the CFA level 3 exam. Complete details related to the topic, sub-topics covered as well as the weightage carried by each topic is also mentioned in the official curriculum. The CFA Level 3 topics included in the exam are provided by the CFA Institute can be accessed by candidates in online mode. Along with the curriculum, candidates can refer to a variety of resources and study tools for preparatory purposes.
CFA® Level 3 Curriculum
Topics | Weight % |
Portfolio Management and Wealth Planning | 35-40% |
Fixed Income | 15-20% |
Ethical and Professional Standards | 10-15% |
Equity Investments | 10-15% |
Economics | 5-10% |
Derivatives | 5-10% |
Alternative Investments | 5-10% |
Financial Statement Analysis | 0% |
Corporate Issuers/ Finance | 0% |
Quantitative Methods | 0% |
CFA Level 3 Result 2023
The CFA Institute releases the result within 90 days after conducting the CFA Level 3 exams. The CFA Institute does not release individual results to a third party but releases a list of qualified candidates on its website. Hence, the CFA level 3 result can be checked on the official website. Detailed exam scores and responses to exam questions are not given to candidates. The average pass percentage for the last 10 years was 53%.
Steps to check CFA Level 3 result:
Step 1 - Login to the official website of CFA - www.cfainstitute.org
Step 2 - Login to your account and click on the option “CFA Level 3 result”
Step 3 - Individual detailed CFA Level 3 result of the qualified candidate will be displayed on the screen
Step 4 - Download and print it for future reference
CFA Level 3 Preparatory Tips
For the preparatory purpose, candidates should refer to the level 3 past question papers of CFA level 3 exam, attempt some CFA level 3 sample papers/mock tests to get a grasp on the topics covered. CFA level 3 question paper also has essay questions, hence knowledge on how to solve the essay questions is equally important along with solving MCQs.
Frequently Asked Question (FAQs) - CFA Level 3 Feb 2023 - Dates, Registration, Syllabus & Pattern, Result
Question: What is the pass rate for the CFA Level 3 exam?
Answer:
As per the previous data, the average pass percentage for the past 10 years was 53%.
Question: When will CFA Level 3 results be released?
Answer:
CFA Level 3 results will be released on the official website after 90 days of completion of the exam.
Question: What is the rescheduling fees for CFA Level 3 exam?
Answer:
If you want to reschedule the CFA Level 3 exam date, the you have to pay USD 250 as an exam rescheduling fee.
Question: How many times will CFA Level 3 exam be conducted in 2022?
Answer:
As per the official website, the CFA Level 3 exam will be conducted twice - May and August.
Question: When will the CFA Institute conduct the CFA Level 3 exams?
Answer:
Candidates have the option to appear in the CFA Level 3 exam twice a year in 2022 - once in May and then in August. Currently, registrations are open for August session.
Question: Can I reschedule my CFA Level 3 exam date for the May session?
Answer:
The rescheduling deadline for CFA Level 3 May session exam was April 23, 2022.
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Questions related to CFA Exam
how to clear CFA exam in first attempt
Hi,
Try preparing smartly and efficiently.
- Be very disciplined with your study schedule. The output is more when you give 2 hours daily for 7 days then 14 hours on only weekends (generally).
- Study with the sense of doing questions and clearing exams. It will help you to clear L1 but may prove harmful for L2 as it demands deep inter-topic clarity.
Just a tip, in case you have less time and you are good to grasp new concepts - try preparing from Schwezer Notes and Videos for Level 1. But for Level 2 and 3 you have to put in the required efforts.
It is not difficult to crack CFA Level 1 without coaching. You just go through the curriculum topics one by one and do practice a lot of questions. Also in case you do not have much time, you can go through Schwezer notes for Level 1 through and practice the papers on CFA website.
In case you do not understand any particular subject, there are coachings available for particular subjects. You can opt for that rather than going for all the subjects. Plus there are video lectures available which help a lot.
Hope this helps.
Good luck.
CFA exam curriculum book 2020 for level 1 is showing on the website of career360 but when I click on that its showing unavailable . Will you please send the link from which I could download the pdf version of CFA book for level 1 2020
Sorry to say but we now don't have that collection,you would be talking about this links given in this (https://finance.careers360.com/articles/cfa-level-1-study-material), you might now search fee materials on google,i am providing a name(soleadea.org) i am not sure whether it is a safe site or not,get on your own risk.
Thank you ,hope it might help you
what about CFA registration and fees payment , as CFA exam is an US exam. what will have to do ??
Hello Aspirant,
As you wanted to attempt cfa examination as it is a designation that certifies competence and integrity of financial analysts as the registration can be done from march 26 to August of 2nd week and registration fee is USD 650 with discount and it is fee for the level 1 and level two will be in December so work for it and get good certification and it can be done from online also for USD 450 so study well and work hard to get good marks and ALL THE BEST for your future and i think my suggestions and knowledge may be helpful to u.
I need to know about cfa part 1 exam details such as fees, registration date, syllabus,exam date, exam pattern,etc.
The Level1 CFA exam is conducted in two sessions each 3 hours long. It consists of 240 multiple choice questions in two sessions of 120 questions each.
When you register for the Level 1 CFA exam you will pay a one time enrollment fee of $450 USD.
Then you will have to pay an additional registration fee to sit for the exam at each of the three levels.
Depending on when you register, you can pay anywhere from $1950 to $4140 USD total to take all three levels assuming that you pass each exam the first time.
Add the $450 USD enrollment fee, and the total CFA exam fees range from $2440 to $4950 USD.
The CFA level 1 syllabus focuses on the basic knowledge of 10 topic areas and simple analysis using investment tools.
Based on the percentage of marks distributed there are 6 most important topics that you have to focus on.
- Financial reporting Analysis
- Ethics and professional standards.
- Quantative Analysis
- Equity Investment
- Economics
Cfa exam centre name in pune and mumbai
Hello Sumit,
CFA exam centres are only in 7 cities in India and Pune is not one of them, however, Mumbai has centre for this exam.
In Mumbai, the exam centre is Thakur college in Kandivali east.
Sometimes when the candidates are too many, the other centres may be Nesco Goregaon and also somewhere in Worli.
You can find these locations on the maps.
Hope this helps.