CISI Level 3
Level 3 Derivatives exam preparation.
A personal study timetable from today to your exam date. Each session has a date and names the Concept Videos, Chapter Summaries or questions to do. Choose from four study options, including live teaching.
Exam at a glance
- Number of questions
- 100 multiple-choice questions, plus up to 10% unscored trial questions
- Time allowed
- 2 hours
- Pass mark
- 70 out of 100
- Syllabus edition
- Workbook Edition 21 (syllabus version 25.0)
- Applicable exam dates
- 21 February 2026 to 10 February 2027
Source: CISI, checked 3 November 2026.
Your timetable for Level 3 Derivatives.
When you join, your timetable is built from your exam date and the hours you have. Every option includes it.
Tell us your exam date
And the days and hours you can study each week, around your job.
Get your timetable
Every session from today to exam day, each naming the Concept Videos, Chapter Summaries and questions to do.
Study today's session
Open the course to today's session and mark it done when you finish.
Stay on track to pass
We track your practice scores against the pass mark, move sessions you miss, and add practice where you need it.
Choose your preparation for
Level 3 Derivatives
All four options cover this exam. Access lasts 12 months. No VAT is added to our prices.
Online course
- Personal study timetable to your exam date
- Concept Videos, Chapter Summaries, Chapter Revision Questions and Mock Tests
- Progress tracked against the pass mark
- Access for 12 months
Online course with tutor support
- Everything in the online course
- Send your questions to our tutors on WhatsApp
- Help getting back on track if you fall behind your timetable
- Replies within one working day, Monday to Friday
Weekend revision course
- Two live days on Zoom, Saturday and Sunday, around your working week
- Includes the online course and your personal study timetable
- Recordings to rewatch for 30 days
- Next dates: contact us for the next available weekend
- Minimum 3 participants
- Free repeat weekend within 6 months if you attend both days and do not pass
Private tutoring
- We advise how many hours you need, with no obligation
- 10 or 20 hours one-to-one on Zoom, to use within 6 months
- Sessions placed in your timetable, on your weak areas
- Includes the online course and WhatsApp support
Not sure which option suits?We will help you choose. No obligation.
Book a short, free callWhat is in the course
Open any chapter to see everything in the course. Items marked Preview or Try 10 Questions Free can be tried now.
Included in every option
+ A formula sheet for calculation questions
1Chapter 1Introduction to Derivatives1
- Concept VideoBeing recorded for this chapterComing soon
- Chapter SummaryPDF · preview page 1
- Chapter Revision Questionseach answer marked and explained
2Chapter 2Underlying Markets1
- Concept VideoBeing recorded for this chapterComing soon
- Chapter SummaryPDF · preview page 1
- Chapter Revision Questionseach answer marked and explained
3Chapter 3Market Structure1
- Concept VideoBeing recorded for this chapterComing soon
- Chapter SummaryPDF · preview page 1
- Chapter Revision Questionseach answer marked and explained
4Chapter 4Principles of Pricing and Valuation1
- Concept VideoBeing recorded for this chapterComing soon
- Chapter SummaryPDF · preview page 1
- Chapter Revision Questionseach answer marked and explained
5Chapter 5OTC Derivatives1
- Concept VideoBeing recorded for this chapterComing soon
- Chapter SummaryPDF · preview page 1
- Chapter Revision Questionseach answer marked and explained
6Chapter 6Principles of Clearing and Margin1
- Concept VideoBeing recorded for this chapterComing soon
- Chapter SummaryPDF · preview page 1
- Chapter Revision Questionseach answer marked and explained
7Chapter 7Delivery and Settlement1
- Concept VideoBeing recorded for this chapterComing soon
- Chapter SummaryPDF · preview page 1
- Chapter Revision Questionseach answer marked and explained
8Chapter 8Trading, Hedging and Investment Strategies1
- Concept VideoBeing recorded for this chapterComing soon
- Chapter SummaryPDF · preview page 1
- Chapter Revision Questionseach answer marked and explained
9Chapter 9Regulatory Requirements1
- Concept VideoBeing recorded for this chapterComing soon
- Chapter SummaryPDF · preview page 1
- Chapter Revision Questionseach answer marked and explained
Exam practiceMock Tests10
Try the first 10 questions of Mock Test 1 free, with 12 minutes on the clock.
ExtraFormula Sheet
- Formula SheetPDFIn the course
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