Importance and Wieghtage of each study session and the session in which it usually comes in an a single sheet for everyone

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musabdada

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I compiled this in an excel sheet for all level 3 candidates . M also a Level 3 candidate for June 2013 . Plx pray i pass . These sources are comiled using CFAI MATERIAL , BPP and Finquiz . i donot claim any responsibilty for this . Hope this helps
Study Session
Reading No as per CFAI
Importance ( SOURCE BPP Study Guide)
Weight (Source Finquiz)
Where is study session Usually Tested in Morning/Afternoon Session (SOURCE BPP Study Guide )
Study Session 1
Reading 1
Very High
10%
2 Item Sets in Afternoon Paper
Reading 2
Very High
Study Session 2
Reading 3
Low
Reading 4
Low
Reading 5
Low
Reading 6
Very High
Study Session 3
Reading 7
High
5-10 %
Usually ( but not exclusively) tested in the morning session . You can expect to have one question relating to this study session
Reading 8
High
Reading 9
High
Study Session 4
Reading 10
Very High
10-15%
Always tested in the morning session . You can expect the first question of the paper to be on IPS for an individual investor , followed by a question on selecting the most appropriate strategic asset allocation for the individual .
Reading 11
Moderate
Reading 12
Low
Reading 13
Low
Reading 14
Low
Study Session 5
Reading 15
Very High
10-15%
Always tested in the morning session . You can expect one question on the IPS for one type of institutional investor ( pension funds , foundations , endowments , insurance company or bank )
Reading 16
Moderate
Reading 17
Low
Study Session 6
Reading 18
Moderate
5-10 %
Can be tested in either paper of the exam .
Study Session 7
Reading 19
Medium
Likely to be tested as a small part of large structured response question or as part of an item set
Reading 20
Low
Study Session 8
Reading 21
High
5-10 %
Will be tested in morning session . Most probably will be tested with selecting a suitable portfolio for an individual investor / institutional investor
Reading 22
Low
Study Session 9
Reading 23
Very High
10-20%
generally tested in the afternoon session . But has sometimes appeared as a question In the morning paper
Reading 24
Moderate
Study Session 10
Reading 25
Very High
predonimantly tested within the item set section
Reading 26
Low
Study Session 11
Reading 27
High
5-15 %
generally tested in the morning paper , but has sometimes appeared as an item set in the afternoon paper
Study Session 12
Reading 28
Low
This study sesiion is low priority .and Infrequently this material is tested
Reading 29
Low
Reading 30
Low
Study Session 13
Reading 31
Moderate
5-15 %
Alternative Investments are generally tested as part of a larger IPS question in the morning paper and can also be tested as item set in the afternoon paper .
Reading 32
Low
Reading 33
Low
Study Session 14
Reading 34
High
5-15 %
Generally tested as part of a question in the morning paper but could also appear as an item set in the afternoon paper
Reading 35
Moderate
Study Session 15
Reading 36
Moderate
5-15 %
usually tested in the afternoon paper as an item set but is sometimes tested in the morning paper . Emphasis is on understanding how derivative transactions canreduce portfolio risk
Reading 37
Moderate
Reading 38
Moderate
Study Session 16
Reading 39
Moderate
5-15 %
This study session is likely to be tested as a structured response question in the morning paper . The area most regularly tested in comparing and contrasting different rebalincing strategies
Reading 40
High
Study Session 17
Reading 41
Moderate
5-10 %
most likely in afternoon session
Reading 42
Low
Study Session 18
Reading 43
HIgh
5%
You can expect one structured response question in the morning paper
 
Weights are as follows for all those who are not visiting the above link . i recommend to download or view the excel file in the above link . if u r not then the weight mentioned in the first comment are not clear due to formatting issue .. below mentioned are only the weight for each study session
ss 1-2 10 %
ss 3 - 5-10 %
ss 4 - 10-15 %
ss 5 - 10-15 %
ss 6-7 - 5 -10 %
ss 8 5-10 %
ss 9-10 10-20 %
ss 11 -12 5-15 %
ss 13 5-15 %
ss 14 5-15 %
ss 15 5-15 %
ss 16 5-15 %
ss 17 5-10 %
ss 18 5 %
 
One thing to keep in mind is that the exam questions are clearly separated by topic as in levels 1 and 2.
Expect many of the non portfolio management topics to be addressed in portfolio management questions.
The only assumptions that I would be willing to make is to expect 2-3 risk/return essay questions in the AM and ethics to appear in the PM anything else could show up anywhere.
 
Thanks.
I know this question has been hammered at every CFA forums but I’m gonna repeat it anyway- what is your take on CFAI materials Vs Schweser? I liked your sum up regarding weightage very much and would like to hear your opinions on the materials as well.
Thanks again.
 
As an appendage to my previous post, my question about materials is regarding CFA Level 3. I’m giving it this June.
 
in level 1 and level 2 i didnt read any book .. just did the qbank and mocks
as i had only 28 days for level 1 when i started and around 50 days for level 2
so i went for practise only .
so i m not the correct person to ans this ques , according to most of the people cfai book is better .. if u have time fo for cfai . if u have less time then schweser .. it wont matter that much . key is to practise more in my opinion .. spend atleast 75% of your alloted time on practise
the only way i think to retain so much data is to practise ..
 
50 days for level 2? Wow! we have a genius here ;)
Thanks for your input. It helps :)
 
Has anyone vetted this to confirm its accuracy? Good tool if the information presented is correct.
 
it is compiled by me .. sources are bpp and finquiz .. so information is from bpp and finquiz so u can depend more then 75 %
 
Thanx musa…!! Good stuff . And you are right as well, alot of practise is required especially of past papers for level 3 only reading the text wont do good…!!
 
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