CFA LEVEL 2

The CFA Level 2 exam is designed to evaluate a candidate’s capability in the application of investment valuation concepts. In the CFA Level 2 examination, candidates will come across 10 topics that have been grouped into four areas which are: Investment Tools, Ethical and Professional Standards, Portfolio Management and wealth planning. The total duration of the level 2 exam is 4.5 hours.

CFA Level 2: Registration Process 
⦁ The process is almost the same for CFA Level 2, as it was for CFA Level 1.
⦁ The eligible candidates can apply for the scholarship programs. If not, then the candidates are required to submit the exam fee payment before the deadline after selecting the exam center. There will be no enrollment fee this time.
⦁ Candidates must read and accept the Candidate Agreement and submit a Professional Conduct Statement, as done for Level 1.
⦁ The results are declared after 60 days from the date of the exam.

CFA Level 2: Exam Pattern 
The following are the exam pattern and the guidelines that the candidates must follow for the level 2 exam
⦁ The duration of the CFA level 2 exam is for a period of 4.5 Hours.
⦁ The exam is divided into two halves each of a duration of 135 minutes with an optional break in between.
⦁ There are a total of 88 Vignette-supported Multiple choice questions. Thus there would be 44 questions in each session
⦁ There would be 4-6 MCQs after each Vignette. Each MCQ is awarded 3 points for each correct answer.
⦁ It focuses on the valuation of various assets and emphasizes the application of investment tools and concepts in contextual situations.
⦁ The average passing rate is 45%.
⦁ The candidates need to put in 27 hours per month and overall 328 hours a year to pass the level 2 exam.

CFA Level 2 Exam Dates