Level III Study Sessions
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The curriculum is organized into topics, and each topic contains learning modules. There are learning outcome statements at the beginning of each learning module.
Below you'll find current outlines by level. Each outline includes learning outcome statements (LOS) and source references for the learning modules.
2024 Level III Topic Outlines
2023 Level III Exam Topic and Study Session Outlines
Topic | Exam Weight | ||
---|---|---|---|
Economics | 5–10% | Study Session 2 |
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Derivatives | 5–10% | Study Session 4 |
|
Fixed Income | 15–20% | Study Session 5 Study Session 6 |
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Equity Investments | 10–15% | Study Session 7 Study Session 8 |
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Alternative Investments | 5–10% | Study Session 9 |
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Portfolio Management | 35–40% | Study Session 1 Study Session 3 Study Session 10 Study Session 11 Study Session 12 Study Session 13 Study Session 14 |
|
Ethical and Professional Standards | 10–15% | Study Session 15 Study Session 16 Readings 31-33 |