• Written By Gautam_K
  • Last Modified 17-06-2022

CFA Level 3 Sample Papers 2022: Download CFA Question Paper PDFs

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CFA Level 3 Sample Papers 2022: The Chartered Financial Analyst Institute (CFA) has issued the sample paper for the CFA level 3 exam 2022. The institute prepares the sample paper in the same pattern as of actual question paper. The candidates can get an idea about the exam pattern of exam from the sample papers. By solving the CFA sample papers level 3 exam 2022, candidates will get an idea about the marking scheme, types of questions, and difficulty level of the exam. 

The sample paper for the CFA level 3 exam 2022 will help the candidates to improve their efficiency in the CFA exam. The sample paper for the CFA level 3 exam contains two types of questions essay type questions and item set questions. To download the sample paper for the CFA level 3 exam 2022 read the complete article given below. 

CFA Level 3 Sample Papers 2022: PDF Download 

The candidates can get an idea of the CFA level 3 exam difficulty by referring to the sample papers provided by the institute. The questions in the CFA level 3 exam will be similar to the sample papers. There will be three types of questions in the exam as per the CFA sample papers level 3. The format of sample papers provided for the CFA level 3 exam is as given below: 

CFA Sample Paper Level 3 

List of CFA level 3 sample paper PDF to download 
Item set questions sample paperClick here to download the PDF
Essay questions, including actual previous exam questions sample paperClick here to download the PDF
Essay guideline answers sample paperClick here to download the PDF

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CFA Level 3 Sample Papers 2022: Types of Questions 

The sample paper for the CFA level 3 exam 2022 will include two types of questions essay type questions and Item-set questions. The candidates will have to answer both types of questions at the time of solving the CFA level 3 sample paper. The details of the type of questions as per the sample paper of the CFA level 3 exam is as given below:  

CFA Level 3 Sample Papers 2022: Itemset questions

The item set question will have three options as per the sample paper for the CFA level 3 exam 2022. The CFA practice questions will carry a paragraph of detailed information from which the multiple-choice questions will be asked in the CFA level 3 exam 2022. The candidates will have to tick the correct option from the three provided options.

The item set questions are similar to multiple-choice questions as per the sample paper for the CFA level 3 exam 2022. The basic difference is that the candidates will have to find out the answer for item set questions from a particular paragraph in the sample paper for the CFA level 3 exam. Each item set question of CFA level 3 exam 2022 will carry 3 marks. The candidates are advised to practice for this type of questions from the sample paper. 

CFA Level 3 Sample Papers 2022: Essay questions

The essay type questions are basically the descriptive questions as per the sample paper for the CFA level 3 exam 2022. The candidates must have detailed information about the topics of the CFA level 3 exam to solve the sample paper properly. The candidates will have to write a detailed answer for the question of one sentence in the essay type questions of the CFA level 3 exam sample paper.

The marks of the descriptive CFA practice questions in level 3 sample paper will vary as per their weightage in the exam. The candidates are advised to check the topic-wise weightage provide by the institute as per the CFA level 3 exam sample paper.

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CFA Level 3 Sample Papers 2022: Exam Pattern 

The candidates can get an idea about the CFA level 3 exam sample paper by referring to the exam pattern provided by the institute. The exam pattern of the CFA level 3 exam sample paper is as given below: 

Category Detail of Exam Pattern 
Types of questions Multiple choice ‘item-sets’ and constructed response questions
No. of Test Cities11 cities in India for June 2022 session
Mode of the examPen paper-based exam
Negative MarkingNo negative marking
CFA official website www.cfainstitute.org
Duration of the exam Morning session: Three hours (180 minutes) 
Afternoon session: Three hours (180 minutes)
Total Duration: Six hours (360 Minutes) 
Level of the exam Third Level exam 
Marking Scheme3 marks for each MCQ and marks for essay type questions will vary
Medium of exam English Medium 
Exam Timings Morning session – 9: 00 AM to 12 NoonAfternoon session – 2: 00 PM to 5: 00 PM
Frequency of exam Once a year
Category of the exam Professional Category 

What topics will be covered in the CFA Level 3 Sample Papers 202?

The list of topics and their weightage which will be covered in the CFA level 3 sample paper 2022 are as given below: 

Topic as per CFA level 3 Sample Paper 

CFA Exam Question TopicWeightage in CFA exam 
Ethical and Professional Standards10 – 15 percent weightage 
Quantitative Methods0 percent weightage
Economics5 – 10 percent weightage
Financial Reporting and Analysis0 percent weightage
Corporate Finance0 percent weightage
Equity Valuation10 – 15 percent weightage
Fixed Income15 – 20 percent weightage
Derivatives5 – 10 percent weightage
Alternative Investments5 – 10 percent weightage
Portfolio Management and Wealth Planning35 – 40 percent weightage

Benefits of solving the Sample Papers of CFA Level 3 exam 2022? 

The benefits of solving the CFA level 3 exam sample papers are as given below: 

  1. The candidates will get an idea about the exam paper pattern of CFA level 3. 
  2. The candidates will be able to solve the paper for the CFA level 3 exam easily. 
  3. Practising with the CFA sample questions for the level 3 exam 2022 will make the candidates efficient in time management. 
  4. Through the sample paper of the CFA level 3 exam, the candidates will get aware of the types of questions to be asked in the exam. 
  5. The CFA question paper will provide a rough idea of the actual question paper for the CFA level 3 exam. 

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We hope that this information on CFA Level 3 sample papers 2022 has helped you. If you have any queries then you can ask us and we will answer you. Use the comment section below for any queries and comments. For CFA level 1 sample paper, candidates can solve Embibe tests for CFA practice questions for all levels and make their exam preparation easier.

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