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300Hours: Finance Certifications Hub for CFA, FRM & CAIA

cfa level 3 specialized pathways choices

CFA Level 3 Specialized Pathways: Which Should You Be Choosing?

Sophie Macon

4 Dec 2024

CFA, CFA Level 3

CFA Institute previously announced some major evolutions to the CFA Program. Among them is the introduction of Specialized Pathways for CFA Level 3 candidates from 2025. Level 3 candidates will now be able to choose a Specialized Pathway that aligns with their interest and career goals. These three choices are: Portfolio Management (the 'original', traditional pathway), Private Wealth, or Private Markets Additionally, there is also a new Practical Skills Module (PSM) launched called "Portfolio Development and Construction", which is only available for Level 3 candidates. More ...