Welcome to Financial Exam Help 123, the place to get help for the CFA exams. I’m Bill Campbell III, CFA, and I’ve been teaching CFA review courses since 2005. If you’re a candidate, please go to the tab for the exam for which you’re registered; there you’ll find links to articles that I have written on topics that you’re studying. If you’d like help on a topic that isn’t on the list, send me a comment (be sure to include which level) and I’ll get to it as soon as I can.
Thanks for stopping by!
BCIII
Here are links to some other sites that CFA candidates find useful:
Latest Product(s):
Individual Topic Areas
Candidates have been asking for access to individual topics – Derivatives, Quantitative Methods, Ethics, and so on – so I’ve started to package them for individual access. Check out what’s available so far:
- Level I
- Level II
- Level III
There will be more to come as I fill out the content in each topic area at each Level. Stay tuned!
Bill’s Survivor’s Guide to the CFA Institute Command Words
The first of its kind! You know the official definitions of the command words, but do you know what they really mean? Do you know how to answer a question when the command word is identify, or explain, or determine? Do you know how not to answer such a question? Bill explains all of this and more, with examples and citations from actual Level III CFA Institute morning exams. If you want to ensure that you pass the Level III exam this year, you owe it to yourself to get a copy and make certain that you understand how to answer the morning session questions.
Also available in a package with a Level III marking session.
Bill’s 2020 Level III Morning Session Mock Exam #1
The first of four planned Level III morning session mock exams for 2020 is available for download. After only one year of writing these exams, Bill has earned a reputation for writing high quality exams that have the look and feel of the real thing, with challenging questions and clear, thorough answers. This year, Bill has has upped his game by providing many extras not found in other third-party mock exams, making them all the more valuable in your study program.
Check it out!
Bill’s 2020 Level III Morning Session Mock Exam #2
The second of four planned Level III morning session mock exams for 2020 is available for download.
And it’s just as good as the first exam!
Bill’s 2020 Level III Morning Session Mock Exam #3
The third of four planned Level III morning session mock exams for 2020 is available for download.
Word has it that it’s as solid as the first two!
Bill’s 2020 Level III Morning Session Mock Exam #4
The fourth and final Level III morning session mock exam for 2020 is available for download.
If you thought that the first three were great, wait till you get your hands on this one!
A Word About Level III Morning Session Mock Exams:
With CFA Institute moving to computer-based testing (CBT) in 2021, many candidates have asked me whether my Level III morning session mock exams will be offered in a CBT format and, if so, when those will be available.
The answer to the first question – Will they be offered in a CBT format? – is: I hope so, eventually.
The answer to the second question – If so, when will those be available? – is: not until after the May Level III exams.
So far, CFA Institute has not given prep providers (or candidates, for that matter) any examples of how the Level III morning session exams will appear in the CBT format. Furthermore, my understanding is that, although they believe that they will eventually have at least Level III morning session mock exam in the CBT format, it will not be available until after the May Level III exams.
Therefore, if I were to try to redo my exams in a CBT format, I would simply be guessing how the real exams will look. If I were fortunate and guessed correctly, that would probably help my Level III candidates somewhat. However, if I were unfortunate and guessed incorrectly, I might mislead candidates and harm their chances of passing considerably.
Ultimately, it is a risk I am not willing to take. I hope that you understand my reluctance in this matter.
Once the May exams are concluded and I hear about the format from candidates who took the exam (of course, without them disclosing any information about the topics covered or not covered; we don’t want any Ethics violations), then I will reconsider this decision.
I wish all Level III candidates the best of luck in this very trying, stressful situation.