Level 3 "MPS"

CFA Level III
#1

I recall we had many a discussion in level 2 about “MPS”. I.e. the actual percentage you would need to pass given the grading curve etc. Estimates put it at around 60-65% of pure marks.

Would a similar thing exist for level 3?

Obviously we are shooting for 70+ so in the AM this would mean 126/180, but is there a similar MPS concept for level 3?

#2

#DamageControlAM

#KillingItPM

#3

Using Hashtag wisdom, we should aim for:

  1. AM: 50-60%

  2. PM: 83% (average score of 5/6 per case)

Assume pass mark is 65%…

#4

I would suggest not put too much focus on MPS as of now…Focus on your prep as there is no right formula which would suggest the passing marks.

  1. For AM Try to do as much practice as you can… There is nothing which can help you score better in AM except the old exam practice (Just for caution, do time bound Previous exams in order to see where do you actually stand)

  2. For PM, Most people do better in the this part of the exam…Actually over here you can compensate for your bad performance in the morning, so never take it lightly and try to score as much possible on this part…