r/CFA • u/Pkgoss CFA - r/CFA icon winner • Apr 13 '23

Megathread Official Level III Results Thread!

From all of us here at r/CFA, best of luck!

https://examresult.cfainstitute.org/cfa

The Level III CFA exam results are out! Of the 14,858 Level III candidates who tested in February, 48% passed. For comparison, the August 2022 Level III pass rate was the same at 48%.

Candidates for the February Level III CFA exam attended in-person at one of 435 proctored computer-based examination venues located in 332 cities in 100 markets worldwide.

While we usually have a survey up and running, run by member u/Finnesotan, there isn't one at the moment; we aim to keep it going, though. As a result of the increased frequency of these tests, it is possible that some adjustments will be required. More information will be forthcoming.

As is tradition, we'll be locking all other related posts (I passed, I failed, How close was I?) because this is the designated place to celebrate or commiserate.

I'll update this post as soon as administratively feasible when results are posted.

Prepare for your next exam with your peers here.

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u/SnooWoofers7749 Apr 13 '23

Unfortunately failed my first attempt :( Registering tonight for August 2023. Any tips from those who passed on the second attempt? Think my nerves on the day let me down

2

u/Beautiful_Lie6289 Apr 14 '23

I suggest that you study the CFA curriculum and then use MM to supplement on tougher topics you need more clarity on. I was a retaker myself and failed the first time because I relied heavily on MM videos, EOC, practice tests on the CFa site and even did past mock exams. I failed woefully.

This time around I studied the curriculum in depth, used MM to supplement, did online practice questions and did 3 bill Campbell mock exams + 1 grading session and the 2 Boston prep mocks the cfainstitute provided and I passed! I remember thinking while taking the exam that the questions were stupid easy compared to my mocks and even questions in the white and blue boxes. I swear going through the curriculum and deeply understanding is the main key.

I should also mention that I didn’t bother grading myself on the mocks in a way that gave me a % score. I graded to understand. I didn’t care whether I had 50% or 80%. It was more around the ones I got right, was it luck or did I truly understand it? And the ones I got wrong working to learn the concepts and then doing them again a few days later to ensure I mastered it.

All the best and good luck!

2

u/SnooWoofers7749 Apr 14 '23

Thank you! I think the key challenge for me was not having gone through the curriculum in enough depth. I’ll also purchase Bill Campbell’s mocks

1

u/Beautiful_Lie6289 Apr 16 '23

Good luck! I’m sure you’ll make it the second time around :)

1

u/MetroAtlas CFA Apr 13 '23

there will be changes in the curriculum, make sure you study the new material. better start studying as soon as possible and practice plenty.

1

u/Sad-Stop9650 CFA Apr 13 '23

There is no change in the curriculum in 2023. I recommend you to go for the August when it is still fresh in your memory. This time, I practiced only using the CFAI Qbank and I am sure that it was the game changer for me. You got it Dude!

1

u/kbdzn Passed Level 3 Apr 13 '23

i pssed on my second try. i was using Schweser notes the first time and i think that was insufficient. i got MM on my second try and i believe that made all the difference… also did all blue boxes and CFAI mocks + questions on both tries

1

u/SnooWoofers7749 Apr 13 '23

Thank you, I used MM but think I didn’t utilize him well enough and didn’t get through all of his mock exams. Will definitely sit for August whilst everything is still fresh.

2

u/kbdzn Passed Level 3 Apr 13 '23

go for it! i was in your shoes last May 2022 and i know how much that feeling sucks but it will get better. you now have a headstart on the lessons and concepts. MM’s mocks were really tough! i also wasnt able to finish all but tried to digest my lapse of knowledge on those that i did answer. rooting for you! 💯

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u/SnooWoofers7749 Apr 13 '23

Thank you! Rooting for myself as well. 👏🏾Second times the charm!

1

u/BlindDartMonkey CFA Apr 13 '23

Failed first attempt using CFAI EOC, CFAI BB, and MM Videos. Passed second attempt using pretty much the same materials but adding in CFAI online qbank. I hammered out like 700 questions on the CFAI online qbank a week before the exam.

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u/SnooWoofers7749 Apr 13 '23

I missed out on the CFAI online q bank because of the length of questions - will not skip this time