level 3 - the "easy" level

arguably, 3 is the easiest one. I put in much much less effort and time into it compared to lvl 2. Exam itself is a bit more challenging because of the am session, but you have the extremely loose pm session to make up for it. lvl 2 material is much more diverse, quantitative and daunting to plow through. It requires ardent dedication and ambition to master the different ways of foreign subsidiary consolidation and fx/rates swap pricing principles. Whereas, level 3 is more about making sense of a limited amount of extremely simple ideas.

The L3 content is not that difficult, it is just the way they test it that makes it tricky. Especially, if you’re a non-native English speaker. It also depends a lot on what experience you have and what your interests are. L3 was the toughest for me. L1: got 8/10 over 70% and no below 50% L2: got 10/10 over 70% L3: got 10/17 over 70% and 3/17 below 50%

Spanishesk Wrote: ------------------------------------------------------- > The material on the exam (ie the content, topics > etc) is easier than LII > > The exam itself is tougher because of the question > format. > > Is this a fair statement for those of you who have > taken it? I personally could not say it better. I also found the PM session brutal, although I did very well.

hehe imagine L2 material + L3 format !

Spanishesk Wrote: ------------------------------------------------------- > > The material on the exam (ie the content, topics > etc) is easier than LII > > The exam itself is tougher because of the question > format. > > Is this a fair statement for those of you who have > taken it? > > -Thanks Concur.