CFA Level 3,  2019
Updated on Aug 20, 2019 - 6:15 p.m. IST by Naureen Gurung
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CFA Level 3 2019 - The Chartered Financial Analyst (CFA) Institute has declared the CFA Level 3 result on August 20 for the offline exam conducted on June 15, 2019. The globally renowned exam was also conducted on June 16 (for the Americas and EMEA countries) and June 17 (for the Asia Pacific) for those candidates who had religious obligations on the main exam day. Like the previous two levels, CFA Level 3 2019 was also conducted in two shifts- morning (9 AM- 12 PM) and afternoon (2 PM- 5 PM). The conducting body had fixed three closing dates for CFA Level 3 registration 2019. The first CFA Level 3 2019 registration (early application) was till October 17, 2018, with a fee of USD 650. The standard registration of CFA Level 3 2019 closed on February 13 for which candidates had to pay the application fee amounting to USD 930. Finally, the late CFA Level 3 registration ended on March 13, 2019. The late fee amounted to USD 1380. Candidates were able to download their CFA Level 3 2019 admission ticket in the last week of May. The CFA Level 3 result 2019 is expected to release within 90 days after the exam is conducted. Candidates can check here all about CFA Level 3 2019 such as eligibility, application form, dates, admission ticket, exam pattern, exam centres, syllabus, result etc.
Latest: Registration to CFA Level 3, June 2020 can be done till February 12 (Standard) and March 11, 2020 (Late/ Final).


CFA Level 3, 2019: Overview

Name of Exam

Chartered Financial Analyst (Level 3) exam

Conducting Body

CFA Institute

Frequency of Exam

Once a year

Exam Level

Postgraduate

Medium of Exam

English

Mode of Exam

Offline

Number of Sessions

2 (Three hours for each session)

Type of Questions

Essay type questions + MCQs

Important Dates of CFA Level 3, 2019

S. No.

Events

Dates

1

Registration for CFA Level 3 started from

August 16, 2018

2

First session for requesting disability accommodations closed on

October 15, 2018

3

Last date for CFA Level 3 2019 registration (early)

October 17, 2018

4

Last date for CFA Level 3 registration (standard)

February 13, 2019

5

Second session for requesting disability accommodations closes

February 18, 2019

6

Last date for CFA Level 3 registration (late)

March 13, 2019

7

Final session for requesting disability accommodations closes

March 18, 2019

8

Availability of CFA Level 3 2019 admission ticket

Last week of May 2019

9

CFA Level 3 exam 2019

June 15, 2019

10

CFA Level 3 exam (alternate day)

June 16, 2019, for the Americas and EMEA countries

June 17, 2019, for the Asia Pacific

11

Declaration of results

August 20, 2019


CFA Level 3 Eligibility Criteria 2019

The eligibility criteria of CFA Level 3 2019 is the minimum educational and professional requirement for an aspirant to apply for the exam conducted in June every year. Candidates must check the CFA Level 3 eligibility criteria 2019 given below before registering for the same:

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CFA Level 3 2019 Eligibility Criteria

Must have passed CFA Level 2 exam

Living in a CFA exam conducting country

Candidates must be living in one of the countries participating in conducting the CFA Level 3 exam

Educational Qualification (any one of the three)

Must hold a Bachelor’s degree

Must have had 4 years of professional work (not necessarily investment related) experience

Must have had a combination of work experience and education that totals at least 4 years.

Professional Conduct Admission Criteria

Must complete a Professional Conduct Statement form to attest that they are fulfilling the eligibility criteria

Mandatory Document

International travel passport for verification


CFA Level 3 Registration 2019

The registration process for CFA Level 3 2019 (June session) started on August 16, 2018. The three closing dates of CFA Level 3 2019 registration were as follows:

  • Early Registration: Only those who applied before October 17, 2018, could avail the early bird discount. The application fee was USD 650.

  • Standard Registration: Candidates could apply for CFA Level 3 registration 2019 before February 2019 which charged them the standard fee of USD 930.

  • Late Registration: Late registration of CFA Level 3 2019 was accepted till March 13 with a total sum of USD 1380.

Candidates were able to apply for CFA Level 3 2019 registration in online mode. Choosing their preferred test centre for CFA Level 3 is an important step in the registration process. Candidates were required to type in their international travel passport details. Payment of fees was the concluding step of CFA Level 3 registration 2019.

Registration Fee: Candidates could pay the registration fee of CFA Level 3 2019 via credit card, cheque, money order, ACH, postal order or wire transfer. Check the different amounts of CFA Level 3 registration fees below:

Particulars

Amount (in US$)

Early bird registration fee

650

Standard registration fee

930

Late registration fee

1380

CFA Level 3 Admission Ticket 2019

The CFA Institute published the CFA Level 3 2019 admission ticket (admit card/ hall ticket) in online mode, in the third week of May 2019. The admit card of CFA Level 3 2019 had to be printed out on a clean, unused sheet which should not have any writings on or behind it. Important details of the examinee were mentioned on his/ her CFA Level 3 2019 hall ticket, such as CFA Institute ID, name, last four characters of their passport number, passport expiry date, date and time of the CFA Level 2 exam, name and location of the CFA exam centre 2019. It was compulsory for all candidates to report at their exam hall with their CFA Level 3 2019 admission ticket along with their international travel passport for verification.

CFA Level 3 Test Centres 2019

The test centres of CFA Level 3 2019 were located all over the world and keep changing every year. Candidates could find their allotted CFA Level 3 test centre name and address on the admission ticket.


CFA Level 3 Test Centre 2019 locations

S.No.

Country

Test Centre location

1

India

Bhopal

2

Nigeria

Abuja

3

Australia

Brisbane

4

Nigeria

Lagos

5

Myanmar

Yangon

CFA Level 3 Exam Pattern 2019

Since it is the final step in the CFA programme, CFA Level 3 is the most difficult to tackle. This rise in the difficulty level could be because of the complex CFA Level 3 2019 exam pattern which includes ‘item-set’ questions (like the ones in Level 2) as well as essay type questions. The morning session will have the long answer questions totalling to 180 marks. The afternoon session will only have MCQ questions. To know more about the exam pattern of CFA Level 3 2019, check the table below:

CFA Level 3 Exam Pattern 2019

Mode of exam

Pen and paper based

Medium of exam

English

Type of questions

MCQs and constructed response questions

Number of questions

120 (60 in each session)

Marking scheme

Marks for each question will vary

No negative marking

CFA Level 3 Result 2019

Candidates who successfully appeared for the CFA Level 3 offline exam in the June session can view their CFA Level 3 2019 result from August 20. The CFA Level 3 result 2019 is also being sent via e-mail to each of the candidates. The result of CFA Level 3 2019 is only being released to the candidate and not to any other third party.

Candidates can follow the steps provided below for checking the CFA Level 3 result 2019 on the official website:

  1. Visit the official website of CFA at cfainstitute.org.

  2. Login with the help of email and password as shown in the image below.

  3. Click on the result option available on the screen.

  4. The CFA Leve 1 result 2019 will show.

  5. Download the result and take prints for future reference.

Frequently Asked Question (FAQs) - CFA Level 3, 2019

Question: Can I change my CFA Level 3 test centres 2019 after submitting my application form?

Answer:

Yes. The CFA Institute will release a window for changing the test centre within the stipulated time period. If your preferred CFA Level 3 2019 test centre is not available in the list, it implies that it has reached its maximum limit. If a vacancy opens, the test centre will appear on the list. The authorities will intimate you via email regarding the status of your request within 24-48 business hours.

Question: What are ‘item-sets’?

Answer:

‘Item-sets’ are the answer options which can be answered on the basis of the information given in the main ‘vignette’. Each vignette consists of 6 items which are independent of each other but dependent on the information provided in the vignette.

Question: What is the minimum passing score?

Answer:

To ensure balance among candidates over a period of time, the CFA Institute Board of Governors changes the minimum passing score (MPS) of the CFA (all levels) exam each year. As the difficulty level of the question paper varies each year, changing the MPS accordingly is a reasonable practice.

Question: If I register right now, how much CFA Level 3 registration fees will I have to pay?

Answer:

Right now, since the Standard Registration is going on, you will be required to pay USD 930.

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