The third and final level of the CFA exam has the highest pass rate. This could be because no candidate wants to fail this far along in the testing process. With two sessions that are split between essay questions and item set questions, it’s quite different than the first two levels.
The CFA Level III is focused on Ethical and Professional Standards, Behavioral Finance, Individual Investors, and Institutional Investors, Asset Allocation, Fixed Income and Equity Portfolio Management, and a number of other risk and derivative topics.
To pass this final level of the exam, consider one of the great study materials that could catapult you over this last CFA hurdle.