CFA Exam Level 2

Introduction To CFA Exam Level 2

Chartered Financial Analyst (CFA) is the finance certification offered to finance and investment professionals by the American CFA Institute. CFA exam is one of the challenging exams that require practice and preparation to clear the exam. Every year almost 2.5 lakh candidates attempt this exam from around the world. CFA program covers topics relating to investment management, quantitative analysis, financial analysis, fixed income, equities and provides general knowledge of finance areas. In order to become a CFA, the candidates have to pass all 3 levels of the exams. CFA programs include series of three exams levels: level 1, level 2, and level 3.

CFA Exam 2021

• The CFA 2021 exam takes place online. The different levels of the CFA exam will be held on separate dates.
• The registration process for all 3 levels of the CFA exam will start on the same day.
• Exam dates for all three levels will be different depends upon the availability of exam centers and the number of candidates appearing for the exam.
• The CFA eligibility criteria are different for each level of the CFA exam.
• Due to covid-19 pandemics situation CFA institute following computer-based exam format for all levels from 2021 onwards.
• There is no negative marks system in the CFA exam.

CFA Exam Level 2

Given below shows CFA exam level 2:

No. Of MCQ	Duration Of Exam	Morning Session	Afternoon Session	Dates Of Exam
Total 90	4.5 Hours	2.25 Hours	2.25 Hours	25 May -1 June 31 Aug- 4 Sep 26 Nov- 30 Nov

Eligibility Criteria

• For level 2 the candidates must have a clear CFA level 1 exam.
• A candidate should have a Bachelor’s degree with 4 years of work experience.

CFA Exam Level 2 Registration

• The CFA level 2 May session exams are postponed due to covid-19 pandemics, May 2021 session exams rescheduled with the November 2021 level 2 exams.
• The registration for the August 2021 level 2 exam opened in August 2020 and is closed on 4 May 2021.
• The registration for the November 2021 level 2 exam will be close on 10 August 2021.
• CFA level 2 early registration fee is $700 and the standard registration fee is $1000.

Registration For CFA Exam

Registration for the CFA exam is now a two-step simple process as the following:

• Step 1 of online registration: Enroll in the CFA 2021 exam through CFA website: www.cfainstitute.org
• Step 2 of online registration: After completion of the registration process and your online payment is processed, you will see the “schedule your exam” option in your CFA Program tile. Candidates must complete this step by scheduling a deadline. if you do not receive a confirmed date and time, you are not yet successfully appearing scheduled for an exam.

CFA Exam Level 2 Syllabus

Given below shows CFA exam level 2 syllabus:

Subjects	Weightage
Portfolio management	5%-15%
Alternative investments	5%-10%
Derivative investments	5%-10%
Equity investments	10%-15%
Fixed income investments	10%-15%
Financial reporting analysis	10%-15%
Corporate finance	5%-10%
Economics	5%-10%
Ethics	10%-15%

Books

The best books for preparation of CFA level 2 are as follows:

• Wiley’s Level 2 CFA program study guide
• Kaplan Schweser Notes level 2 CFA prep book
• 25th Hour Notes: Havel Learning System
• International Financial Statement Analysis: By Thomas R Robinson
• Financial Reporting and Analysis: By M Imraan Ashan
• The handbook of Fixed Income Securities
• Options, Futures, and Other Derivatives: By John C, Hull, and Sanakarshan Basu

Recommended Articles

This is a guide to CFA Exam Level 2. Here we discuss the introduction, eligibility, registration, syllabus and CFA exam level 2 books respectively. You can also go through our other suggested articles to learn more –

1. CFA Syllabus Level 1
2. CFA Qualification
3. CFA Subjects
4. CFA Course Details