You’re almost there, so don’t let up now! The CFA Level III exam requires demonstration of the same skills as Level II but tests your ability to make and write about judgment calls. The constructed response section of the CFA Level III exam is the biggest difference between the previous levels. You must answer open-ended questions that do not have multiple-choice questions. The historical pass rate for CFA Level III is 55%.
We’ve helped more than 700,000 candidates like you prepare for their CFA exams, so we know what it takes to help you pass. You’ll go into the Level III exam with 100% confidence after reading the efficient and effective SchweserNotes™, learning from the largest team of CFA experts in online Masterclasses, and working through practice questions and mock exams that are as close to the real thing as you can get. Choose your Level III study package today, and give yourself the best chance to pass on exam day.
After you’ve finished your learning assignments for a specific topic of the curriculum, your Masterclass ensures you have a strong grasp on the topic. Led by Schweser’s expert instructors, you get 45+ hours of online instruction that reinforces your studies and ensures you’re ready to move on to the next topic. This package includes a two-volume set of Masterclass Workbooks containing content, examples, and practice equations to guide you through the lectures and serve as a reference during review. Available from anywhere with the Kaplan Schweser app.
*Premium Packages include the option to upgrade to Live Online Masterclasses and a 5-Day Live Online Review Workshop for just $299. This option can be selected in the cart.
5+ hours of in-depth CFA videos walk you through the end-of-reading questions from the CFA Institute Program curriculum. You’ll get expert advice and strategies from CFA instructors as they guide you through the questions. Available from anywhere with the Kaplan Schweser app.
The SchweserPro™ QBank prepares you for the CFA exam with thousands of foundational and exam-like questions, custom quizzes, tutorial videos with detailed answer explanations, and performance metrics to pinpoint strengths and weaknesses. Available from anywhere with the Kaplan Schweser app.
These full-length mock exams simulate the interface, format, and difficulty of the actual CFA exam.
The Ultimate and Premium Packages include 6 mock exams, the Essential Package includes 4 mock exams, and the Basic Package includes 2 mock exams.
Three Checkpoint Exams with questions that mimic the difficulty and format of the actual CFA exam.
The Performance Tracker provides detailed insights into your CFA exam readiness with progress tracking over time, benchmarking against peers, and topic-level analysis.
Take the guesswork out of your study plan with strategically placed weekly tasks.
This compact study tool summarizes key formulas, definitions, and concepts.
Access our community forum to engage with our experts and other CFA candidates to post questions, find answers, and participate in meaningful discussions throughout your studies.
What It Includes | Ultimate Package | Premium Package | Essential Package | Basic Package |
|---|---|---|---|---|
PassProtection Guarantee | ||||
Didn’t pass the exam? Your next study package is on us. Terms and conditions apply. | ||||
Study Notes | ||||
This 5-volume set of clear, concise CFA study notes provides a more focused and efficient exam prep experience. Covering every exam topic in the CFA Program curriculum, SchweserNotes™ includes realistic examples and practice quizzes to help you retain vital information. | ||||
The digital version of SchweserNotes™ contains everything in the printed version and allows you to study anywhere, anytime that works best for you. Available from anywhere with the Kaplan Schweser app. | ||||
The audio version of SchweserNotes™ helps reinforce your understanding of the CFA Program curriculum while you are on a commute, at home, or in the gym. | ||||
Instruction | ||||
5+ hours of in-depth CFA videos walk you through the end-of-reading questions from the CFA Institute Program curriculum. You’ll get expert advice and strategies from CFA instructors as they guide you through the questions. Available from anywhere with the Kaplan Schweser app. | ||||
After you’ve finished your learning assignments for a specific topic of the curriculum, your Masterclass ensures you have a strong grasp on the topic. Led by Schweser’s expert instructors, you get 45+ hours of online instruction that reinforces your studies and ensures you’re ready to move on to the next topic. This package includes a two-volume set of Masterclass Workbooks containing content, examples, and practice equations to guide you through the lectures and serve as a reference during review. Available from anywhere with the Kaplan Schweser app. IMPORTANT: Kaplan will be using Zoom for Live Online events. Click here for instructions on how to create and set up your Zoom account. | ||||
After you’ve finished your learning assignments for a specific topic of the curriculum, your Masterclass ensures you have a strong grasp on the topic. Led by Schweser’s expert instructors, you get 45+ hours of online instruction that reinforces your studies and ensures you’re ready to move on to the next topic. This package includes a two-volume set of Masterclass Workbooks containing content, examples, and practice equations to guide you through the lectures and serve as a reference during review. Available from anywhere with the Kaplan Schweser app. Premium Packages include the option to upgrade to Live Online Masterclasses and a 5-Day Live Online Review Workshop for just $299. This option can be selected in the cart. | ||||
Exams and Quizzes | ||||
The SchweserPro™ QBank prepares you for the CFA exam with thousands of foundational and exam-like questions, custom quizzes, tutorial videos with detailed answer explanations, and performance metrics to pinpoint strengths and weaknesses. Available from anywhere with the Kaplan Schweser app. | ||||
These full-length mock exams simulate the interface, format, and difficulty of the actual CFA exam. The Ultimate and Premium Packages include 6 mock exams, the Essential Package includes 4 mock exams, and the Basic Package includes 2 mock exams. | ||||
Three Checkpoint Exams with questions that mimic the difficulty and format of the actual CFA exam. | ||||
The Performance Tracker provides detailed insights into your CFA exam readiness with progress tracking over time, benchmarking against peers, and topic-level analysis. | ||||
Review Tools | ||||
Our CFA Review Workshop sessions include 45+ hours of expert instruction and review available Live Online or OnDemand. You receive a thorough review of key topics, practice questions, and problem-solving techniques, as well as exam tips and strategies. Level II and Level III packages also include a 1-day workshop. In these Live Online sessions, an instructor guides you through a variety of item sets (Level II) and essay questions (Level III) to improve your ability to answer these types of questions on exam day. Available from anywhere with the Kaplan Schweser app. IMPORTANT: Kaplan will be using Zoom for Live Online events. Click here for instructions on how to create and set up your Zoom account. | ||||
The Essay Writing Workshop helps identify the key deficiencies in your writing style and shows candidates exactly how to improve their approach to essay writing for the Level III CFA Exam. Armed with this valuable information, candidates will be equipped to provide better-structured responses on exam day. The workshop utilizes 20 exam-like, constructed response questions. All questions are relevant to the current curriculum. Workshop participants receive the questions and answers, as well as coaching from Kaplan on how to answer such questions successfully under exam conditions. | ||||
Watch our Review Workshop sessions on your schedule with 45+ hours of expert instruction and review that are all available for OnDemand viewing. You receive thorough review of key topics, practice questions and problem-solving techniques, and exam tips and strategies. Available from anywhere with the Kaplan Schweser app. text*Premium Packages text include the option to upgrade to a 5-Day Live Online Review Workshop and Live Online Masterclasses for just $299. This option can be selected in the cart. | ||||
Take this compact book anywhere you go—printed, online, or eBook—for a concise review of the CFA Program curriculum. Schweser’s Secret Sauce® provides insights and exam tips on how to effectively prepare and apply your knowledge on exam day. Available from anywhere with the Kaplan Schweser app. | ||||
Study Tools | ||||
Take the guesswork out of your study plan with strategically placed weekly tasks. | ||||
This compact study tool summarizes key formulas, definitions, and concepts. | ||||
Access our community forum to engage with our experts and other CFA candidates to post questions, find answers, and participate in meaningful discussions throughout your studies. | ||||
Test your knowledge of key concepts and retain vital information with this portable study tool. You’ll also receive an online version for review anywhere your mobile device goes. Available from anywhere with the Kaplan Schweser app. | ||||
Ask questions and receive answers from a CFA instructor at any time. Simply ask your question via your Learning Management System (LMS), and one of our experts will provide a timely answer. | ||||
Not finding what you’re looking for?
Over the last 35+ years, Schweser’s CFA professionals have perfected our study packages to provide you with the instruction, guidance, and CFA Level III study materials you need for complete confidence on exam day. View the video to learn more.
60% Were More Satisfied with Career Trajectory: These are the findings of a quantitative survey conducted by Kaplan between May 2 and May 27, 2024. For this survey, a sample of 728 CFA® Level I, II, and III candidates was interviewed online, all of whom had passed at least the CFA Level I exam.
66% Feel More Valued by Their Employer: These are the findings of a quantitative survey conducted by Kaplan between May 2 and May 27, 2024. For this survey, a sample of 728 CFA® Level I, II, and III candidates was interviewed online, of which 486 passed at least one CFA exam and were supported by their employer in taking the exam.
79% Agree CFA® Curriculum Is Valuable in Their Career: These are the findings of a quantitative survey conducted by Kaplan between May 2 and May 27, 2024. For this survey, a sample of 728 CFA® Level I, II, and III candidates was interviewed online, all of whom had passed at least the CFA Level I exam.
More CFA® Candidates Have Chosen Schweser: These are the findings of a quantitative survey conducted by Kaplan between June 30 and August 30, 2021. For this survey, a sample of 313 U.S. CFA Level I and Level II candidates was interviewed online, of which 151 CFA Level II candidates answered this question. The survey was fielded to subscribers of 300Hours.com and AnalystForum.com.
Most Respected and Trusted Provider: These are the findings of a quantitative survey conducted by Kaplan between June 30 and August 30, 2021. For this survey, a sample of 313 U.S. CFA Level I and Level II candidates was interviewed online, of which 271 CFA candidates answered this question. The survey was fielded to subscribers of 300Hours.com and AnalystForum.com.
9 Out of 10 Students Recommend: These are the findings of a quantitative survey conducted by Kaplan between September 29 and November 4, 2022. For this survey, a sample of 838 CFA Level I, II, and III candidates was interviewed online, of which 463 prepared for a CFA exam with Kaplan Schweser.
More Likely to Pass: These are the findings of a quantitative survey conducted by Kaplan between June 30 and August 30, 2021. For this survey, a sample of 313 U.S. CFA Level I and Level II candidates was interviewed online. The survey was fielded to subscribers of 300Hours.com and AnalystForum.com.
#1 Rated CFA Prep Course: Source: https://testprepinsight.com/best/best-cfa-prep-courses/. Test Prep Insight is a review and analytics site that is a Kaplan Schweser affiliate but uses an independent review process to evaluate exam prep products.
Best Overall CFA Prep Course/Editor’s Choice: Source: https://testprepinsight.com/best/best-cfa-prep-courses/. Test Prep Insight is a review and analytics site that is a Kaplan Schweser affiliate but uses an independent review process to evaluate exam prep products.
Leader in CFA Prep: These are the findings of a quantitative survey conducted by Kaplan between June 30 and August 30, 2021. For this survey, a sample of 313 U.S. CFA Level I and Level II candidates was interviewed online. The survey was fielded to subscribers of 300Hours.com and AnalystForum.com.
Most Recommended: This is one of the findings of a quantitative survey conducted by Kaplan between April 1 and October 31, 2023. For this survey, a sample of 272 CFA Candidates were interviewed online in English. The survey was fielded to subscribers of 300Hours.com.
Most Used Online Forum Hosted by CFA Exam Prep Providers: Based on Kaplan North America research for comparable CFA exam preparation programs as of February 2025.
95% Recommendation Rate: This is one of the findings of a quantitative survey conducted by Kaplan between April 1 and October 31, 2023. For this survey, a sample of 272 CFA Candidates was interviewed online in English. The survey was fielded to subscribers of 300Hours.com.
Helped 700,000+ Candidates Prep for Exams: Net purchases of study packages containing the printed SchweserNotes™ bookset from 2008 through winter 2024 (less 2020).
Only CFA Provider Offering In-Person Mock Exams at Actual CFA Test Centers: Based on Kaplan North America research for comparable CFA exam prep providers as of May 2025.
Leader in CFA Prep: These are the findings of a quantitative survey conducted by Kaplan between June 30 and August 30, 2021. For this survey, a sample of 313 U.S. CFA Level I and Level II candidates was interviewed online. The survey was fielded to subscribers of 300Hours.com and AnalystForum.com.
Only Online Forum with Content from CFA® Faculty Experts: Based on Kaplan North America research for comparable CFA exam preparation programs as of February 2025.
PassProtection™: Terms and conditions apply. Visit https://www.schweser.com/cfa/pass-protection for more information.
Kaplan Schweser is a CFA Institute Prep Provider. Only CFA Institute Prep Providers are permitted to make use of CFA Institute copyrighted materials, which are the building blocks of the exam. We are also required to update our materials every year and this is validated by CFA Institute.
Our products and services substantially cover the relevant curriculum and exam and this is validated by CFA Institute. In our advertising, any statement about the numbers of questions in our products and services relates to unique, original, proprietary questions. CFA Institute Prep Providers are forbidden from including CFA Institute official mock exam questions or any questions other than the end of reading questions within their products and services.
CFA Institute does not endorse, promote, review, or warrant the accuracy or quality of the product and services offered by Kaplan Schweser. CFA Institute®, CFA® and "Chartered Financial Analyst®" are trademarks owned by CFA Institute.
Prometric® is a registered trademark or service mark owned by Prometric, which neither sponsors nor endorses this product/site.
Terms and Conditions: 10% off applies to Premium Study Packages for the Level I, Level II, and Level III CFA® exam only. To redeem online, enter code Early10 at checkout. This offer cannot be used in conjunction with other discounts or promotions, cannot be applied to previous purchases, and is not redeemable for cash value. Offer begins February 9, 2026, and expires March 5, 2026, at 11:59 pm CT.
