Know how the test is set up. The CFA Level three exam is composed of 12 to 15 essay questions and 10 case studies with 6 multiple choice pertaining to each case study.
Understand the focus of the exam. For the CFA Level three exam, the focus lays predominately on Portfolio Management and Asset Valuation.
Know the Candidate Book of Knowledge's Professional and Ethical Standards. Just like the other two CFA exams, you will again be questioned about the ethical and professional standards contained in this book.
Study Quantitative Analysis and Economics. These subjects account for 0-10 percent or your overall exam score.
Focus your studies on Asset Valuation. This section accounts for 40-50 percent or your overall exam score and includes the following type of investments: Equity, Fixed Income Alternative investments and Derivatives.
Comprehend all the aspects and concepts of Portfolio Management. Portfolio Management and Asset Valuation are the main focus of the CFA Level three exam. This section will account for 35 to 45 percent of your overall exam score.