CFA Level II is the second stage of the CFA Program and builds on the concepts studied at Level I. It places greater emphasis on applying investment and valuation concepts to practical financial situations and analysing different asset classes.
Topics Included
Ethical & Professional Standards, Financial Statement Analysis, Equity Investments, Fixed Income, Quantitative Methods, Corporate Issuers, Economics, Portfolio Management, Derivatives and Alternative Investments.
Exam Pattern
- 88 MCQs in Item Sets
- Duration: 4.5 Hours
- Exam Frequency: 3 times a year – May, August & November
Passing Requirement
Candidates must achieve the CFA Institute’s applicable Minimum Passing Score (MPS). The brochure shows an approximate historical passing rate of 45% for Level II.