CFA Level 3 - Review of Prep Providers, Post 2019 Exam
Since I prepared for Level 3 using three providers in an effort to cover all of my bases, I thought I might share my thoughts on which providers I felt helped me prepare best for the test while it’s all still fresh in my mind: 1) Chalk and Board online courses and essay writing workshop with Nathan Ronen, 2) Kaplan (books and qbanks), 3) LevelUp 4 day boot camp and supplemental videos with Marc LeFebvre.
Exam overview: I thought the exam was tough, but largely fair. A lot of the questions were asked in a way I felt was unfamiliar relative to previous years (based on the published historical morning essays). I didn’t feel that either session was out of left field, both were challenging but not impossible. If I passed I probably barely passed and if I failed I probably barely failed.
Prep provider review: I felt the best provider by a long shot was Chalk and Board with Nathan Ronen. His lectures were completely spot on 100%. Every question I would think through the curriculum and hear his lectures play back in my head all day throughout the test both morning and afternoon sessions. He hit all of the main points, didn’t miss a single one, even the nichey ones! Even if I ultimately failed, I would take his classes again to prepare next year, and would highly highly highly recommend both his lectures and his essay writing workshop to anyone. The lectures are engaging and surprisingly not dry given the content can be dense at times (I highlight this because I’m someone who is easily distracted if a topic is overly dense and I find my mind starts to wander). His essay writing workshops really help to highlight how important time management is on L3 and gets some of those anxiety jitters out of your system before it’s really game time. Worth every penny I spent, also very competitively priced for the value you get out of his materials.
I also took Marc LeFebvre’s bootcamp after a colleague recommended it as a way to beef up ahead of the exam after I got a late start to studying, and honestly didn’t get much out of it. Lot of talking about how grueling studying was going to be, sprinkled with a ton of self promotion, and followed with how we needed to be focused, but not a lot of pen-to-paper work outside of his 2 hour IPS writing workshop one night which was the only highlight - 2 good hours out of 40 total hours = probably not the most efficient use of my time or $.
Comparatively, I thought Nathan’s approach to digesting the curriculum was significantly more succinct and manageable, which was ultimately more helpful to me in my prep.
Study together. Pass together.
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