Congratulations to you for clearing the Level I CFAÂ® exams. It is a huge achievement since candidates find Level I comparatively difficult, and hence the passing rates for Level I CFAÂ® are lower than the passing rates for Level II CFAÂ® and Level III CFAÂ®. But this was only the first step towards the CFA Charter, and to obtain it, a candidate needs to clear all the three levels of the CFAÂ® Program – Level I CFA, Level II CFA, and Level III CFA. Any candidate requires a minimum of 6 months of preparation for each CFA level.
Level II CFAÂ® has the same topics or subjects as Level I CFAÂ®. But with each level, the topics are covered in depth. A candidate can appear for the Level II CFAÂ® exams in the months of May and August. Previously, candidates were allowed to appear for the exam only once a year in the month of June. The exams are in a Multiple Choice Questions format, and the candidate has to answer all the 88 multiple choice questions. The exam is conducted in two sessions – the morning session and the afternoon session. Both the sessions are 2 hours 15 minutes long and contain 44 questions each. All the questions in both sessions are equally weighted and based on all ten topics. There are no penalties or negative markings for wrong answers in the exam.
Level II CFAÂ® Syllabus
The Level II CFAÂ® Syllabus consists of the following 10 key areas of study or subjects:
- Ethical and Professional Standards
- Quantitative Methods
- Financial Reporting and Analysis
- Corporate Finance
- Equity Investments
- Fixed Income
- Derivative Investments
- Alternative Investments
- Portfolio Management and Wealth Management
Level II CFAÂ® Subjectâ€™s weightage:
Each of the Level II CFAÂ® subject has a different weightage in the exams as given below:
Each of the Level II CFA® subject has a different weightage in the exams as given below:
Level II CFA® Topics
Ethical and Professional Standards
Financial Reporting and Analysis
Portfolio Management and Wealth Management
Level II CFAÂ® Fees
Level II CFA® Registration
Level II CFA® Fee
For latest updates on Level II CFAÂ® registration and exam dates, Click Here:
Exam Dates, Cost, and Registration Fees
EduPristine provides Level II CFAÂ® exam training to candidates, preparing them to clear the exams in the first attempt.
EduPristineâ€™s Level II CFAÂ® Preparatory Training:
The Level II CFA® Preparatory Training is intense and provided to the candidates over the weekend since the majority of the Level II CFA® Preparatory Training students are working professionals.
- 110 hours instructor-led training
- Exam-oriented content
- 40 hours (5 days) of crash course
- Post-session practice on real-life case studies
- 24×7 online access to program material
- Access to exclusive recordings
- 120 + CFA® case studies with solutions
- Access to mock exams
- Experienced and passionate faculty members
- Dedicated discussion forums
- After Course Engagement (ACE)
- Career Services
- 1 Full-length mock exam (2:15 hours each)
- 2 Regular Mock Exams (2:15 hours each)
Job opportunities after CFAÂ®:
- Portfolio Manager:
- The portfolio Manager helps his clients build an investment portfolio or manages the investment portfolio of the clients themselves.
- They choose the appropriate assets to invest in that will yield the desired outputs and returns.
- A portfolio is created considering various factors like the amount to be invested, the duration of investment, yield on the investment, risks involved, etc.
- Research Analyst works on the company’s data and past performance to analyze and identify trends, perform variance analysis, forecast the performance and potential growth.
- They create reports explaining their analysis and outcomes and provide recommendations to the management for decision making.
- A Financial Advisor helps their client make the right investment and financial decisions.
- They advise the clients on the instruments and investment options available in the market.
- They also provide advice on tax saving and other ways to gain the maximum benefit out of the tax schemes.
- A Risk Manager analyses the existing risks and the future risks in the company and works on solutions to minimize or eliminate those risks.
- After analyzing the risks and the causes, they provide recommendations to the management regarding the measures that need to be taken.
- A Financial Analyst is responsible for managing and controlling the financial status of the company.
- A Financial Analyst analyses the financial structure and future opportunities and provides recommendations that will aid the company’s growth and help them sustain during difficult times.
- The analysis also helps in strategizing the business plans to aid the smooth functioning and expansion of the business.