CFA Level 3 Exam

CFA Level III
#1

Hello Everyone,

I passed CFA level 2 exam in 2012.

I had a baby and because of some family issues, I could not complete the level 3 exam.

I wrote the Level3 exam in 2015 but could not clear it. Now I am planning to appear for level3 2020.

Can you please provide some suggestions.

Thanks in Advance

#2

Hello navya123

I do understand your situation. Sailing in a similar boat. Gathered courage and gave level 2 in 2019 after a gap of 8 years and passed.

Its never too late to try. All the best!

#3

I dont think the gap matters that much tbh, although I did my 3 levels consecutively. But I didnt remember jack shit after 6 months of break after passing each level. So every level was a new level to me, with minium amount of knowledge retention from previous level. I’d be more worried about your commitment issues, after all you havent done any studies since 2015, it’s hard to be in that studying mode again.

#4

I totally agree with Asianrepresents. I really don’t believe that passing a level depends 'that much" on how good I was at the previous level, whether I remember it all or not. If you study the materials at this particular level, you will pick it up. But like they said, committing after a long break is difficult, this is the real challenge.

#5

Thank you for your reply.

Is there any study order you prefer. I researched couple of websites and got this Books: 4-5-2-3-6-1.

Any suggestions???

#6

Thank you aparna. Congrats for clearing level 2 after a gap of 8 years.

Are you appearing for CFA Level 3 2020.

#7

I took level I in 2009, and then didn’t get around to taking level II until 2017. Failed that one, but stuck with it and was able to pass it in 2018, and Level III this past summer. Took a lot of effort and sacrifice, but it can certainly be done. As for order, I did the same as referenced above, although i think the books are potentially numbered somewhat differently if I’ve read correctly. Best of luck.

#8

Have you already registered for L3? I want to know if there is any expire time frame to take a certain level. I heard years ago that if you don´t pass the next level within 4 years, you will need to repeat the previous level exam.

Thanks in advance.

#9

I’m pretty sure that’s not true given other people here who passed l3 8-9 years after clearing l2