Why CFA Level 3 Candidates Often FAIL Constructed Response (Essay) CFA Exam Questions

[@tmayne220]

the problem is everyone keeps referring to them as "Essays" --> people associate "essay" with big responses. They are just written responses (Can be a few dot points) but you be concise and precise and not giving the markers information that they already know.

[@ChalkBoardCFAPrep]

Yes the more concise and accurate the answer is, the better!

[@Robert_Marks]

Do you just jump to writing the answer/explanation, or is it better to start all responses with a formal declaration: “The answer is (……)” and then provide the explanation if needed.

[@ChalkBoardCFAPrep]

@@Robert_Marks You can skip writing anything superfluous such as "the answer is" - the graders know you're writing the answer so you can skip to the important parts.