Navigating CFA Level 3: What's Next After Passing Level 2

2 Feb 24

Published by Chalk & Board

A Message from Nathan Ronen, CFA

Hey there, CFA enthusiasts! Nathan Ronen, CFA, here with exciting news for those who successfully conquered the CFA® Level II (“Level 2”) exam in November 2023. If you're one of the Level 2 graduates, now eyeing the Level 3 journey, congratulations!

Celebrating Level 2 Triumphs

Firstly, kudos to all Level 2 candidates who triumphed over the challenging November 2023 exam, with a pass rate of 44%. Whether you barely made it or aced it, passing Level 2 is a significant achievement. Having personally navigated Level 2 twice, I understand the dedication and hard work it demands.

Level 3 Decision Time

Now that Level 2 is in the rearview mirror, the big decision awaits – do you tackle the CFA Level III (“Level 3”) exam in August 2024, or should you opt for the February 2025 session? With January already underway, you might be contemplating the timeline that aligns with your lifestyle and commitments.

August 2024 vs. February 2025

My strong recommendation, based on over 27 years of CFA Level 3 teaching experience, is to gear up for the August 2024 exam. The Level 3 curriculum for 2024 comprises 30 readings, with approximately 25 readings being crucial for focused preparation. Contrary to concerns about a larger syllabus, you have ample time to master the content and take breaks along the way.

Avoiding 2025 Changes

Delaying until February 2025 introduces additional challenges. The 2025 Level 3 program will undergo an overhaul, incorporating practical skills modules. By tackling the exam in August 2024, you sidestep these changes and expedite your journey to earning the coveted CFA Charter.

Your Blueprint to Success

To ensure your success, consider signing up for my Bundle package at https://chalkandboard.org. This includes two Mock essay exams and a wealth of instructional videos to guide you through the essay-writing process, a critical aspect of the Level 3 exam.

Unlock Your Potential With Chalk & Board

Ready to conquer Level 3 and secure your charter? Visit https://chalkandboard.org to access the Bundle package and set the stage for a structured and successful study plan. If you have any questions or need personalized guidance, feel free to reach out – my contact details are on the website.

Conclusion: Seize the Opportunity

In conclusion, congratulations on reaching Level 3! It's time to capitalize on your Level 2 success and aim for the August 2024 exam. Don't let the fear of the unknown in 2025 deter you; instead, focus on a streamlined path to your charter. Let's make 2024 the year you achieve your CFA goals.

Looking forward to guiding you on this exciting journey! Best of luck, and let's get started.

Nathan Ronen, CFA