Written by CFA charterholders. Sub-topic analysis, exam strategy, and everything in between.
65 articles · Page 2 of 6
Three original CFA Level 3 constructed response (essay) questions with model answers, plus how each answer earns its points and the mistake…
Ten free CFA Level 1 practice questions covering every major topic, with worked answers and the trap each wrong option is built on.
The ethics adjustment has been part of CFA grading since 1996. It only touches candidates sitting near the MPS — but with pass rates in the…
Most CFA formula sheets list everything and prioritise nothing. This one sorts every formula into three tiers by how often it is tested and…
CAPM appears in some form on virtually every CFA Level 1 exam. The formula has three inputs; the ways to get it wrong number rather more th…
Four risk-adjusted performance measures, four different denominators. Computing the right ratio for the wrong question is the most common w…
NAVPS looks like the easiest formula in Alternative Investments until a question asks you to accrue fees first, apply a high-water mark, or…
Representativeness has two distinct sub-forms and examiners like to distinguish between them. Here is how to tell them apart, how to separa…
The exam calendar, the results wait and registration deadlines together decide how fast you can move between levels. Here is the arithmetic…
Level 3 has the highest pass rate of the three exams and the most brutal failure. Here are the numbers, the first-timer gap, and why a 50% …
Level 3 candidates now choose a specialised pathway. All three lead to the same charter and all three are equally rigorous — but they are n…
CFA Institute puts the exam-fee cost of the charter at USD 3,520 to 4,570. That is the floor, not the total. Here is everything else, plus …
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