CFA CFA Level 3 CFA L3 2021 Exam Pattern

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CFA L3 2021 Exam Pattern

  • This topic has 3 replies, 2 voices, and was last updated Mar-22 by Avatar of Zee TanZee Tan.
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      For 2021 exam takers – Please address my query!

      While preparing for November 2021, I noticed that the mock exam had questions without the normal 3 options that are provided (one of which needs to be justified) in AM exam. Was that the case on Exam day as well or it was their usual pattern?

      Zee Tan voted up
    • Avatar of Zee TanZee Tan
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      The CFA Level 3 AM exam is constructed-response, so it wouldn’t have multiple-choice answers.

      superdatch voted up
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      I understand that. But earlier the Institute used to provide options in the morning session as well. We had to select one of those and justify our response. Now the pattern has been changed.

      • Avatar of Zee TanZee Tan
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        I’m not sure if I’m understanding your question correctly. Constructed-response questions can take on multiple formats, so I’m not sure if there is a ‘pattern’ to rely on.

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