About this Course
Chartered Financial Analyst (CFA) Level III
The CFA Level III exam is the culmination of the CFA Program, building upon the knowledge and skills acquired in Levels I and II. This comprehensive exam assesses your ability to apply advanced investment concepts, portfolio management strategies, and ethical considerations to real-world scenarios.
Course Objectives
Upon successful completion of the CFA Level III exam, candidates will be able to:
- Develop and implement comprehensive investment strategies for individuals and institutions.
- Apply advanced portfolio management techniques, including asset allocation, security selection, and risk management.
- Analyze and evaluate investment performance, considering factors such as risk, return, and market conditions.
- Navigate the complex ethical and legal landscape of the investment profession.
- Demonstrate a deep understanding of global investment markets and their interconnectedness.
- Effectively communicate investment recommendations and strategies to clients and stakeholders.
Course Content
The CFA Level III curriculum is divided into two main sections:
Portfolio Management and Wealth Planning
- Investment Policy Statement (IPS) Development: Learn how to construct a customized IPS aligned with clients' financial goals, risk tolerance, and investment constraints.
- Strategic Asset Allocation: Master the process of allocating assets across different asset classes to optimize portfolio performance and manage risk.
- Tactical Asset Allocation: Understand how to adjust asset allocations based on market conditions and client needs.
- Portfolio Performance Measurement and Attribution: Analyze and evaluate portfolio performance using various metrics and attribution models to understand the sources of returns.
- Wealth Planning: Gain insights into advanced wealth management topics such as estate planning, retirement planning, and tax optimization.
Investment Tools and Applications
- Derivatives: Explore the various types of derivatives and their application in portfolio management, including hedging, speculation, and arbitrage.
- Fixed Income Securities: Deepen your knowledge of fixed income markets, bond valuation, and portfolio construction techniques.
- Alternative Investments: Understand the characteristics, valuation, and risk management considerations of alternative asset classes such as real estate, private equity, and hedge funds.
- Behavioral Finance: Analyze how behavioral biases can impact investor decision-making and portfolio performance.
- Global Investment Management: Gain a comprehensive understanding of international investment markets, currency management, and global asset allocation strategies.
Exam Format
The CFA Level III exam is a two-day, computer-based exam. Day 1 focuses on portfolio management and wealth planning, while Day 2 covers investment tools and applications. Each day includes:
- Morning Session: A 3-hour multiple-choice exam.
- Afternoon Session: A 3-hour essay-style exam.
Benefits of Passing the CFA Level III Exam
Achieving the CFA designation demonstrates a high level of competence and professionalism in the investment field. It offers numerous advantages, including:
- Enhanced Career Prospects: The CFA designation is highly respected globally, opening doors to numerous opportunities in investment management, financial analysis, and related fields.
- Increased Earning Potential: CFA charterholders typically earn higher salaries and have greater career advancement opportunities.
- Global Recognition: The CFA designation is recognized worldwide, providing a competitive advantage in international markets.
- Professional Network: Joining the CFA Institute community provides access to a vast network of professionals, industry leaders, and resources.
- Ethical Standards: The CFA Program emphasizes ethical conduct and integrity, fostering a strong foundation for responsible investment practices.
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External Resources
How to Get Certified
Enroll in the Course
Click the "Enroll" button to view the pricing plans.
There, you can select a plan or your preferred options and complete your payment to access the course.
Complete the Course
Answer the certification questions by selecting a difficulty level:
Beginner: Master the material with interactive questions and more time.
Intermediate: Get certified faster with hints and balanced questions.
Advanced: Challenge yourself with more questions and less time
Earn Your Certificate
To download and share your certificate, you must achieve a combined score of at least 75% on all questions answered.
Course Features
24/7 Support
Around-the-clock assistance for any questions or concerns you may have.
Study Guides
Easy-to-follow guides that break down complex topics for better understanding.
Honorary Certification
Receive a recognized certification before completion of the course.
Career Workshops
Hands-on workshops that help you build important career skills.
Networking Events
Special events designed for you to connect with industry leaders and fellow participants.
Insightful Webinars
Live sessions led by experts to help you deepen your understanding of key topics.
Expert Coaching
One-on-one sessions with industry experts to enhance your skills and knowledge.
Pricing Plans
Currency
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Frequently Asked Questions
For detailed information about our Chartered Financial Analyst (CFA) Level III course, including what you’ll learn and course objectives, please visit the "About This Course" section on this page.
The course is offered online. If you want to meet people in person, you can choose the "Networking Events" option when you enroll. These events allow you to connect with instructors and fellow participants in person.
The course doesn't have a fixed duration. It has 24 questions, and each question takes about 5 to 30 minutes to answer. You’ll receive your certificate once you’ve answered most of the questions. Learn more here.
The course is always available, so you can start at any time that works for you!
We partner with various organizations to curate and select the best networking events, webinars, and instructor Q&A sessions throughout the year. You’ll receive more information about these opportunities when you enroll.
You will receive a Certificate of Excellence when you score 75% or higher in the course, showing that you have learned about Chartered Financial Analyst (CFA) Level III.
An Honorary Certificate allows you to receive a Certificate of Commitment right after enrolling, even if you haven’t finished the course. It’s ideal for busy professionals who need certification quickly but plan to complete the course later.
The course price varies based on the features you select when you enroll. We also have plans that bundle related features together, so you can choose what works best for you.
No, you won't. Once you obtain a certificate in a course, you retain access to it and the completed exercises even after your subscription expires. However, to take new exercises, you'll need to re-enroll if your subscription has run out.
To verify a certificate, visit the Verify Certificate page on our website and enter the 12-digit certificate ID. You can then confirm the authenticity of the certificate and review details such as the enrollment date, completed exercises, and their corresponding levels and scores.
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