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 Late 2023
Exam Dates
May 2023 - Level II
- Registration & Scheduling Opens
09 Aug 2022
- Early Registration Deadline
09 Nov 2022
- Deadline to Register with Invoice Payment Option
17 Dec 2022
- Registration Closes
31 Jan 2023
- Scheduling Deadline
15 Feb 2023
- Rescheduling Deadline
21 Apr 2023
- CFA Exam Dates
23 - 27 May 2023
Aug 2023 - Level II
- Registration & Scheduling Opens
14 Nov 2022
- Early Registration Deadline
01 Feb 2023
- Deadline to Register with Invoice Payment Option
25 Mar 2023
- Registration Closes
09 May 2023
- Scheduling Deadline
24 May 2023
- Rescheduling Deadline
28 Jul 2023
- CFA Exam Dates
29 Aug - 02 Sept 2023
Nov 2023 - Level II
- Registration & Scheduling Opens
31 Jan 2023
- Early Registration Deadline
10 May 2023
- Deadline to Register with Invoice Payment Option
24 Jun 2023
- Registration Closes
08 Aug 2023
- Scheduling Deadline
16 Aug 2023
- Rescheduling Deadline
20 Oct 2023
- CFA Exam Dates
18 - 22 Nov 2023
FAQ - Level II
| Topic | Weight | Functional Area |
|---|---|---|
| Ethical and Professional Standards | 10 - 15% | Ethical and Professional Standards |
| Quantitative Methods | 5 - 10% | Tools |
| Economics | 5 - 10% | |
| Financial Statement Analysis | 10 - 15% | |
| Corporate Issuers | 5 - 10% | Portfolio Management and Analysis |
| Portfolio Management and Wealth Planning | 10 - 15% | |
| Equity Investments | 10 - 15% | Assets |
| Fixed Income | 10 - 15% | |
| Derivatives | 5 - 10% | |
| Alternative Investments | 5 - 10% |
According to a recent survey conducted by the CFA Institute the average study hours of CFA Level II candidates was 328 hours.
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.
- May
- August
- November
For additional Level II exam dates see here or refer directly to the institute website: CFA Institute
The following outlines the registration deadlines for the scheduled upcoming CFA Level II exams:
| Exam Sitting | Registration Deadline | Exam Dates |
|---|---|---|
| May 2023 | Jan 31, 2023 | May 23 - 27, 2023 |
| Aug 2023 | May 9, 2023 | Aug 29 - Sep 02, 2023 |
| Nov 2023 | TBD | TBD |
For additional Level II exam dates see here or refer directly to the institute website: CFA Institute
- Pass Level I CFA exam