I compiled this in an excel sheet for all level 3 candidates . M also a Level 3 candidate for June 2013 . Plx pray i pass . These sources are comiled using CFAI MATERIAL , BPP and Finquiz . i donot claim any responsibilty for this . Hope this helps
Study Session Reading No as per CFAI Importance ( SOURCE BPP Study Guide) Weight (Source Finquiz) Where is study session Usually Tested in Morning/Afternoon Session (SOURCE BPP Study Guide ) Study Session 1 Reading 1 Very High 10% 2 Item Sets in Afternoon Paper Reading 2 Very High Study Session 2 Reading 3 Low Reading 4 Low Reading 5 Low Reading 6 Very High Study Session 3 Reading 7 High 5-10 % Usually ( but not exclusively) tested in the morning session . You can expect to have one question relating to this study session Reading 8 High Reading 9 High Study Session 4 Reading 10 Very High 10-15% Always tested in the morning session . You can expect the first question of the paper to be on IPS for an individual investor , followed by a question on selecting the most appropriate strategic asset allocation for the individual . Reading 11 Moderate Reading 12 Low Reading 13 Low Reading 14 Low Study Session 5 Reading 15 Very High 10-15% Always tested in the morning session . You can expect one question on the IPS for one type of institutional investor ( pension funds , foundations , endowments , insurance company or bank ) Reading 16 Moderate Reading 17 Low Study Session 6 Reading 18 Moderate 5-10 % Can be tested in either paper of the exam . Study Session 7 Reading 19 Medium Likely to be tested as a small part of large structured response question or as part of an item set Reading 20 Low Study Session 8 Reading 21 High 5-10 % Will be tested in morning session . Most probably will be tested with selecting a suitable portfolio for an individual investor / institutional investor Reading 22 Low Study Session 9 Reading 23 Very High 10-20% generally tested in the afternoon session . But has sometimes appeared as a question In the morning paper Reading 24 Moderate Study Session 10 Reading 25 Very High predonimantly tested within the item set section Reading 26 Low Study Session 11 Reading 27 High 5-15 % generally tested in the morning paper , but has sometimes appeared as an item set in the afternoon paper Study Session 12 Reading 28 Low This study sesiion is low priority .and Infrequently this material is tested Reading 29 Low Reading 30 Low Study Session 13 Reading 31 Moderate 5-15 % Alternative Investments are generally tested as part of a larger IPS question in the morning paper and can also be tested as item set in the afternoon paper . Reading 32 Low Reading 33 Low Study Session 14 Reading 34 High 5-15 % Generally tested as part of a question in the morning paper but could also appear as an item set in the afternoon paper Reading 35 Moderate Study Session 15 Reading 36 Moderate 5-15 % usually tested in the afternoon paper as an item set but is sometimes tested in the morning paper . Emphasis is on understanding how derivative transactions canreduce portfolio risk Reading 37 Moderate Reading 38 Moderate Study Session 16 Reading 39 Moderate 5-15 % This study session is likely to be tested as a structured response question in the morning paper . The area most regularly tested in comparing and contrasting different rebalincing strategies Reading 40 High Study Session 17 Reading 41 Moderate 5-10 % most likely in afternoon session Reading 42 Low Study Session 18 Reading 43 HIgh 5% You can expect one structured response question in the morning paper
