Subject 3 of the Fund Practitioner Qualification Examination refers to subject 3 "Basic Knowledge of Private Equity Investment Funds". The third subject is established to ensure that equity investment (including venture capital) fund practitioners master and understand the basic knowledge and professional skills related to the industry, and have the necessary professional abilities to practice.

The Fund Practitioner Qualification Examination is a professional certificate required to enter the fund industry.

To enter the private equity investment fund industry, candidates must obtain a fund practitioner qualification and pass the exams in Subject One and Subject Three. Among them, subject one "Fund Laws and Regulations, Professional Ethics and Business Standards" is a required subject.