I know there are a few extra topics, but are the couple of hundred pages on the Code and Standards covering the exact same material as Levels 1 and 2? Wondering if it’s necessary to reread all of that.
Level III’s mostly about compliance: what do you do to prevent violations, detect violations, react to violations, and so on.
Read it all; the focus is very different from Levels I and II.
Thanks S2000magician, I was wondering the same. Some say to leave the ethics readings for last…is this the best strategy?
I’d read them early, then review them at least once in the middle of my studies, and once more during the last week. And do as many questions as I can, as many times as I can; two’s OK, three’s better.
if you plan to read/review all sessoins few times … i would study ethics last on each of those cycle meaning start with S2 and go all the way upto S18 and then do S1. Although i failed band 7, i read it once few months before exam, used my L2 notes for ethics, plus some new notes on first reading, plus did bunch of samples - and did very well on ethichs. I think i read the materail once, and then re-read my notes 2 times.
Yes it’s the same as Level 2, aside from the asset management code of course. I left it until the end and found no problem breaking 70% on exam day this year.
I’ll do that, although I’m not looking forward to those readings. I have always been puzzled by the CFA ethics…Although when I read them I understand the concepts, I don’t do to well on item sets. go figure!
read the asset manager code and answer all the questions in the cfai book