CertiFiHub
Sign in
Menu
CoursesBridgingOpportunitiesFor partnersCartSign in

Courses / Programme support

CFA® Program Level III (Core + Portfolio Management pathway) · review course

CFA-03 · Professional qualifications

CertiFi's review course for the CFA® Program Level III exam, following CFA Institute's 2026 Level III topic outline: the core curriculum (asset allocation, portfolio construction, performance measurement, derivatives and risk management, and ethical and professional standards) and the Portfolio Management pathway (index and active equity, liability-driven, yield curve and credit strategies, trade execution and an institutional case). Sixteen lessons give worked examples, exam tips and constructed-response practice, and a large original bank of vignette-based multiple-choice questions turns the exam's item sets and essay skills into case questions. CFA Institute does not endorse, promote or warrant the accuracy or quality of the products or services offered by CertiFi FZ LLC. CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.

Who it's for

Candidates who have passed Level II and are preparing for the Level III exam on the Portfolio Management pathway, and want structured, case-based revision with plenty of practice.

What you'll be able to do

  • Form consistent capital market expectations and build strategic asset allocations using asset-only, liability-relative and goals-based approaches
  • Construct equity, fixed-income and alternative portfolios for private and institutional clients, including rebalancing and liquidity planning
  • Evaluate performance with attribution and appraisal measures, select managers and apply the GIPS standards
  • Use options, futures, swaps and currency hedges to manage portfolio risk and express market views
  • Apply the CFA Institute Code and Standards and the Asset Manager Code to firm-level portfolio management cases
  • Implement Portfolio Management pathway strategies: index and active equity, LDI, yield curve and credit positioning, and trade execution

Lessons

  1. 1The Level III exam and capital market expectations: framework and macroreading
  2. 2Capital market expectations: forecasting asset class returnsreading
  3. 3Asset allocation: approaches, optimisation, rebalancing and constraintsreading
  4. 4Equity and fixed-income portfolio management: an overviewreading
  5. 5Alternative investments in the portfolio, trading costs and electronic marketsreading
  6. 6Private wealth and institutional investorsreading
  7. 7Performance evaluation, manager selection and the GIPS standardsreading
  8. 8Options strategiesreading
  9. 9Swaps, forwards, futures and currency managementreading
  10. 10Code of Ethics and Standards of Professional Conductreading
  11. 11Applying the Code and Standards at Level III and the Asset Manager Codereading
  12. 12Index-based equity strategiesreading
  13. 13Active equity investing: strategies and portfolio constructionreading
  14. 14Liability-driven and index-based fixed-income strategiesreading
  15. 15Yield curve and credit strategiesreading
  16. 16Trade strategy and execution and the institutional case studyreading