You know what the official definitions are for CFA Institute’s command words – demonstrate, justify, support, and so on – but do you know what those command words REALLY mean?
Bill’s Survivor’s Guide explains that and much, much more!
The Guide covers all of the command words that have appeared on CFA Institute Level III morning exams for twenty years. It explains how those command words have been used in actual questions, and how to answer questions with each command word to ensure that you get full marks without wasting time. It contains example questions and answers, good and bad, with explanations about why a good answer is good and why a bad answer is bad. It describes not only how to answer questions, but also how not to answer questions.
The Guide details which command words are most common, and contains a cross-reference to questions in the CFA Institute Level III morning exams since 2015. It also describes the most common mistakes that Level III candidates make on the morning exam. Finally, it includes a list of which command words are similar to each other, some of which definitely surprise you.
Here’s what Level III candidates have said about Bill’s Survival Guide:
“[Bill’s Guide] would probably mean a +5% to +10% increase in the final result, which is A LOT.”
“Very well written and very useful.”
“This will do a whole lot of good to students appearing for the CFA exam. [I]t brings me so much more clarity having read this.”
“[T]he survivor guide is worth incorporating into a candidate’s study program.”
“Thank you so much for this magnificent work. It makes me more confident on what I should do on [the] A.M. exam.”
“Very well written!!”
“[I have] just started reading your Survivor’s Guide and it is amazing! It’s like all the things I wasn’t really sure about for the morning essay exam.”
Here’s an excerpt from the Guide, to give you a taste of what’s inside: