As many of you have heard, CFA Institute is changing the format of the Level III exam beginning in February 2023. (For those of you who haven’t heard: surprise!) Whereas the old format had all of the constructed response (essay) questions in the first session and all of the multiple choice questions in the second session, the new format will have a mix of essay and multiple choice questions in each session.
Level III prep providers who offer mock exams now have a decision to make: keep the old format of essay questions in one session and multiple choice questions in the other, or mix essay and multiple choice questions in each session. One can envisage good arguments for each approach.
It would be helpful to get input from Level III candidates who anticipate taking mock exams for February 2023; hence, the poll. Please let prep providers know what you prefer (or if you have no preference), and feel free to explain your reasoning.
Thanks!
- Segregated sessions: one essay, one multiple choice
- Mixed sessions: essay and multiple choice in each
- Either way’s fine: I’m that good
0 voters