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CFA Level II - Study Packages

Level II expands on the fundamentals of Level I but goes deeper in terms of analysis and calculation.

Our upcoming Level II study packages will be comprehensive & consistent with our other offerings.

Level II Study Packages Arriving 2024

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Study Device Options

Level II Exam Dates

May 2026 Exam Period


12 Feb 2026
Registration Closes
Key Date
18 Feb 2026
Scheduling Deadline
Key Date
19 - 23 May 2026
CFA Exam Dates
Exam Dates
  • 12 Aug 2025
    Registration & Scheduling Opens
  • 14 Oct 2025
    Early Registration Deadline
  • 03 Jan 2026
    Invoice Payment Deadline
  • 12 Feb 2026
    Registration Closes
  • 18 Feb 2026
    Scheduling Deadline
  • 08 May 2026
    Rescheduling Deadline
  • 19 - 23 May 2026
    CFA Exam Dates

Aug 2026 Exam Period


25 - 29 Aug 2026
CFA Exam Dates
Exam Dates
  • 25 - 29 Aug 2026
    CFA Exam Dates

Nov 2026 Exam Period


18 - 22 Nov 2026
CFA Exam Dates
Exam Dates
  • 18 - 22 Nov 2026
    CFA Exam Dates
Level II
Dates are subject to change. Consult the CFA Institute for latest updates, registration and additional exam dates.

FAQ - Level II

The CFA Level II exam covers 10 topic areas:
Topic Weight Functional Area
Quantitative Methods 5 - 10% Tools
Economics 5 - 10%
Financial Reporting & Analysis 10 - 15%
Corporate Issuers 5 - 10% Portfolio Management and Analysis
Portfolio Management 10 - 15%
Equity Valuation 10 - 15% Assets
Fixed Income 10 - 15%
Derivatives 5 - 10%
Alternative Investments 5 - 10%
Ethical and Professional Standards 10 - 15% Ethical and Professional Standards
Level II
300 hours recommended

According to a recent survey conducted by the CFA Institute the average study hours of CFA Level II candidates was 328 hours.

Level II

The exam duration is 4 hours and 24 minutes, split into two equal 2 hour and 12 minutes sessions. There is an optional break between the sessions.

The exam contains 22 item sets that consist of vignettes (case type scenario) with 88 associated multiple-choice questions. The item sets are evenly split (11 each) between each session.

The topic coverage is randomly placed between either or both sessions.

The exam is conducted in english language only.

Level II
The CFA Level II exam is conducted twice a year, during the following months:
  • May
  • August
  • November

For additional Level II exam dates see here or refer directly to the institute website: CFA Institute

Level II

The following outlines the registration deadlines for the scheduled upcoming CFA Level II exams:

Exam Sitting Registration Deadline Exam Dates
May 2026 Feb 12, 2026 May 19 - 23, 2026
Aug 2026 TBD Aug 25 - 29, 2026
Nov 2026 TBD Nov 18 - 22, 2026

For additional Level II exam dates see here or refer directly to the institute website: CFA Institute

Level II
To enroll for the Level II exam, the following is required:
  • Pass Level I CFA exam
Level II

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