CFA® Level 3 Past Papers 2021 - Sample Paper, Mock test Download Here
CFA® level 3 past papers 2021: The Level 3 past papers for CFA® 2021 are available on the official website of CFA® institute. The CFA® level 3 question bank consists of two types of questions- CFA® level 3 essay questions and item set questions.
The item set question consists of 4-6 multiple choice questions per item set. The essay type of questions requires two types of responses- word-based and calculation based responses. It is recommended to go through the past papers for CFA® level 3 2021 and the CFA® level 3 curriculum to prepare well for the exam and be aware of the exam format. Solving the CFA® level 3 2021 past papers will help the students in understanding the CFA® level 3 exam format, marking scheme, and difficulty level of the CFA® level 3 essay questions 2021. To know more about CFA® level 3 past papers 2021, CFA® level 3 exam pattern, type of questions and CFA® level 3 curriculum, please check the complete article.
Sample paper pdf for CFA® level 3 2021
The CFA website has examples of CFA® level 3 essay questions as well as examples of Level III item set questions with their guideline answers. The past papers for CFA® level 3 2021 will be similar to the main exam in terms of structure and difficulty level.
CFA® level 3 Question Type
The CFA® level 3 exam consists of two types of questions- item set questions and essay type questions. Each item set question will have a paragraph and multiple-choice questions based on the given paragraph. Each item set will have 4-6 MCQ based on it. The essay type questions are based on word-based or calculator based responses. The students have to give detailed answers to the essay type of questions. Candidates can attempt each type of question in the Level 3 past papers for CFA® 2021
CFA® level 3 Exam Pattern
There are multiple-choice questions in the exam pattern for CFA Level 3. There is no negative marking in the CFA® level 3 exam. The marks for the essay questions vary but the item set question carries 3 marks for each MCQ.
Type of questions
No negative marking
Duration of exam
Morning and afternoon session
Medium of exam
CFA® level 3 mock exam 2021
The CFA Institute provides practice questions and mock exams in order to help candidates get the exam experience and understand their level of preparedness. Mock exams or CFA® level 3 question bank can be accessed through the Learning ecosystem page of the website. The registered candidates can attempt multiple mock exams to practice each topic for the exam.
The mock exams come along with feedback for each answer and detailed explanation for the answers.
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Frequently Asked Question (FAQs) - CFA® Level 3 Past Papers 2021 - Sample Paper, Mock test Download Here
Question: If I fail in the Level 3 exam, can I retake it?
Yes, candidates can retake the exam by re-registering for the exam and paying the registration fee again within a period of 6 months.
Question: Will there be any changes in the curriculum for CFA level 3 2021?
No, the curriculum for CFA Level 2 2021 will remain the same as it was in 2020.
Question: How will the past papers of CFA level 3 help in the examination?
The past papers for CFA® level 3 2021 help in understanding the exam format, type of questions and difficulty level of the exam.
Question: When will the CFA® Level 3 exams be conducted in 2021?
The exams will be conducted in May and November 2021.
Question: Can the exam date change for CFA® level 3?
No, the exam date cannot change but the students have an option to postpone their own appointment to the next term.