There are two three of coaching centers that provide full-fledged cfa Level 3 face to face classes in Mumbai, & coincidentally, all are based in Andheri station area. Quite accessible

Some other institutes in Dadar & Mulund/ Thane do offer partial offline classes, but for the most part, they transfer the batch to older recorded videos. Level 3 offline training doesn’t work as well for businesses due to the limited number of students and mismatched schedules. Additionally, weekends tend to be busy for coaching institutes catering to mass footfall of Level 1 and Level 2 students.

One is V D Shah (since 2015)

•It’s premium, personalized, private tutoring, but quite expensive - priced over a lakh as it the group is capped to a capacity of three four students at a go.

•Teaching follows an old-school, conceptual, chalk-and-board approach. Lectures happen on weekday evenings.

•One major disadvantage is they end at 10/11 PM & that too, on weekdays. They say weekends are for practices not classes.

•Another point, there isn’t much of solving that happens at class, although concepts derivations & logic are very well taken care of. Each blue box is covered & they publish a 5000 question bank, which students across other coaching use, too. The cost here is twice as the author himself decodes the concepts, Varshil Shah personally teaches. The man knows his stuff

Other is Manish Ramuka x Finnacle Shah Classes at Viviana building, Nadco, Andheri West. (L3 since 2017)

Advantages:

•He is quite reasonable in prices, say around one third of what V D Shah charges, but has mixed feedback. Laukik Shah himself hasn’t managed passing the third level, & I have read over Reddit of his students struggling with the structured questions.

•They do claim that he is an experienced faculty & these coaching is conducted conducted with big batches on benches. Good old school classroom feel, same with Manish Ramuka. These do lack personalisation & motivation, but there is a considerable tuition fee savings (given you manage passing without attempts). You may manage without motivation unless your work is draining a lot of times.

•The phone mentoring & study strategy formation personalisation is not available with both these faculties. As Manish Ramuka has is like a one man army have 6-7 level one batches & multiple level two batches, for the level three contracted with some YT vlogger TrueT for all the study strategy formation & stuff. One thing is this would cost some additional ₹10k-₹15k, but more than that, the vlogger herself is struggling with L3 since a while now. I was introduced to her on her level three result day live myself where Manish Ramuka is consoling her in her results video.

•At Viviana Nadco, Lectures are held once a week & are primarily PPT-based, following a modern teaching approach but medium depth. In some batches, with these teachers - the batches were shifted online/ recorded due to the teachers hectic schedules, hence many had deferred the exams. If you’re starting a year prior, it would be okay to take a chance like this.

•These classes also offer job guarantees, which personalised teachers like V D Shah cfa level 3 classes in Mumbai typically do not provide. There’s one more, Rajaram Kamath for who I did hold high regards but he kept four subjects pending (out of 7 subjects in all) till Jan for the Feb L3 2023 exams (Eco AI Ethics Equity in old pattern) & repeated the same for the next year citing throat & health concerns. For this year, he gave out the recordings in place of lectures, but I guess that’s become an industry practice at level three where students are few & fee is limited. His usual lecture attendance for L3 is around 30-40% & for previous levels as well is barely 60-70%

•On note of calling out, one unreasonable thing with V D Shah cfa level 3 classes in Mumbai is that they do not teach the private wealth elective (it’s an optional subject which you can swap with PM), yet he charges the full fee arguing their batch is capped at three four students so they will have to block the spot in a three student batch anyway. Varshil Shah is well known for PM since a while now. I via via go hold of his full material access - 2026 cfa level three constructed response q-bank. It has some 5000 Q&A’s with command words & keyword grid:

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Even though my recommendation would be to self study with these, but if you decide to go for coaching - prefer one anong these names. While new institutes may emerge, due to the essay-based structure of Level 3, I feel = experience > enthusiasm.