You have roughly .
A mix of Item Sets (Multiple Choice) and Constructed Response (Essay) sets. Session 1: 11 sets (Mix of Item Sets and Essays). Session 2: 11 sets (Mix of Item Sets and Essays). ✍️ Types of Questions 1. Constructed Response (Essay) Questions cfa-level-iii exam questions
Expect questions on asset allocation, execution, and performance evaluation. You have roughly
| Level | Skill | Example | |-------|-------|---------| | | Recall | Almost never asked directly. | | 2 | Calculation | Required but often wrapped in a scenario. | | 3 | Application | “Using the IPS, select the asset mix.” | | 4 | Analysis & Synthesis | “Critique the risk management framework and propose two changes.” | cfa-level-iii exam questions