CFA Level 2 Practice Exam

About this course

CFA Level 2: Advanced Investment Analysis and Portfolio ManagementThe CFA Level 2 exam is the second milestone in the prestigious Chartered Financial Analyst (CFA) program. While Level 1 focuses on foundational knowledge, Level 2 shifts toward complex asset valuation and the application of investment tools in real-world scenarios. It is a globally recognized credential that signifies a high level of expertise in equity, fixed income, derivatives, and financial reporting.Eligibility and PrerequisitesTo sit for the Level 2 exam, candidates must meet the following criteria:Successful Completion: You must have passed the CFA Level 1 exam.Education: A completed undergraduate degree (or be within 11 months of graduation).Professionalism: Hold a valid international travel passport and meet the professional conduct requirements.Exam Structure and FormatThe exam is designed to test depth of knowledge through clinical, scenario-based questions:Format: 88 multiple-choice questions organized into 22 "item sets" (case studies followed by 4 questions each).Duration: A total of 4 hours and 24 minutes, divided into two equal sessions with an optional break.Frequency: Offered multiple times per year (typically twice) at proctored computer-based testing centers worldwide.Investment and Career OutlookCost: Total fees generally range between INR 1,90,000 and INR 5,60,000, depending on registration timing and prep provider choices.Career Roles: Level 2 candidates are highly sought after for roles such as Portfolio Manager, Investment Research Analyst, Corporate Financial A