CFA Level III Offline

CFA Level III Offline - built for the exam that is half written. Level III is not a multiple-choice test with longer question stems. Half of your score comes from constructed response: you state a recommendation, justify it against the client's constraints, and produce the number the command word asks for. This app is built around that reality. WHAT YOU GET 1,215 exam-style questions Every item comes from a defined question type, with a computed answer and distractors that reproduce the mistakes candidates actually make - omitting inflation from a building-block return, dividing by beta when the Sharpe ratio was asked for, using the benchmark weight where the portfolio weight belongs. Each question ships with a worked explanation. Full-length mock exams Two sessions of 132 minutes, structured to the official format: 11 item sets and 11 essay sets across the paper, 12 points per set, mixed 6+5 or 5+6 per session. The timer keeps running when you leave the app, answers are saved locally, and a closed app resumes exactly where it stopped. Essay practice with a scoring guide Each constructed-response question is broken into independently checkable scoring points that sum to 12. You write your answer, then assess it point by point against the model answer. Structural checks flag the mechanical losses: too few points for the command word, no number where a calculation was required, prose where the marking scheme wanted a figure. Browse any question Filter the whole bank by topic, outcome, difficulty or text. Open any item and answer it on its own, then step forward or back through the filtered list. Progress that reflects the weighting Mastery is weighted by the official topic bands and reported as a range - a conservative figure using the lower bound of each band, an optimistic figure using the upper bound. It is shown as a band on purpose: one readiness percentage invites false confidence. TRULY OFFLINE The app does not request the Android INTERNET permission. It cannot open a socket, so no analytics library, crash reporter or advertising SDK can phone home even if one were bundled. There is no account, no sign-in and no sync. Everything you do stays in a local database on your device. EXAM STRUCTURE, VERIFIED The format follows the current Level III structure: four hours twenty-four minutes of testing across two sessions, 22 question sets of 12 points each, of which 20 are scored and 2 are unscored trial sets. The 2025 restructure is reflected: Economics, Equity, Fixed Income and Alternatives are no longer standalone Level III topics - their content sits inside Asset Allocation, Portfolio Construction and the selected pathway. CURRENT COVERAGE - Asset Allocation - Portfolio Construction - Performance Measurement - Derivatives and Risk Management - Ethical and Professional Standards - Portfolio Management pathway DISCLAIMER CFA Institute does not endorse, promote or warrant this application. CFA is a trademark owned by CFA Institute. All questions, explanations and study notes in this app are original material written for it; no CFA Institute question, mock exam or curriculum passage is reproduced. Built for candidates who would rather practise the exam than read about it.