Schweser's Secret Sauce® for CFA Level III
The first portion of this book offers concise, readable explanations of the major parts of the CFA Program curriculum by Schweser’s team of expert authors. The second portion gives you essential exam strategies and guidance on how to pass the exam, including:
- Tips and tricks on how to apply your knowledge
- Basic strategies and time management hints
- A plan for the last week prior to exam day
- Topic-by-topic listing of high-probability exam topics
- Analysis of level-specific question styles
2025 CFA Level III Changes
Beginning with the 2025 Level III exams, CFA Institute introduced specialized pathways. Each pathway was developed to give candidates more options to learn content directly related to their interests and career goals. The three specialized pathways are:
- Portfolio Management: This traditional CFA Program pathway focuses on constructing, managing, optimizing, and measuring portfolios of public market equity, fixed income, and derivative securities.
- Private Markets: This pathway addresses private markets investing primarily from the perspective of the general partner (GP). It builds on key valuation and other competencies in the CFA Program from all four asset class domains.
- Private Wealth: This pathway offers a global perspective on and universal principles for serving high-net-worth clients (worth US$5M+). It is structured as an arc from a young adult being onboarded to generating wealth through wealth transfer.
