CFA-LEVEL II

The learning focus transitions from financial analysis, investment valuation, portfolio management and their application in Level I to asset valuation and comprehension in Level II. Emphasises on Investment valuation, Industry and company analysis. The Level II exam consists of 20 item sets – 10 on the morning session of the exam and 10 on the afternoon session. Each item set consists of a vignette (or case statement) and six multiple choice items (questions).

CFA – Level I, II & III Subjects

Name Subject Weights
1 Ethics and Professional Standards 15 %
2 Quantitative Methods 12 %
3 Economics 10 %
4 Financial Reporting and Analysis 20 %
5 Corporate Finance 7 %
6 Equity Investments 10 %
7 Fixed Income 10 %
8 Derivatives 5 %
9 Alternative Investments 4 %
10 Portfolio Management 7 %

*The subject weights vary over the three levels slightly.

For More Details visit CFA Institute Website here.