The CFA Level 2 exam is the second level of the CFA program, which builds on the foundational knowledge gained in Level 1. The exam is designed to assess a candidate’s ability to apply the concepts learned in Level 1 to real-world investment scenarios. The Level 2 exam is a critical milestone in the CFA program, as it tests a candidate’s understanding of the investment tools and concepts that are essential for success in the investment industry.
The CFA Level 2 exam consists of 47-53 multiple-choice questions and 10-12 item sets, which are case studies that require candidates to apply their knowledge to real-world scenarios. The exam is divided into two sessions: morning and afternoon. The morning session consists of 33-38 multiple-choice questions and 5-6 item sets, while the afternoon session consists of 14-15 multiple-choice questions and 5-6 item sets.
CFA Level 2: The Next Step in Your Investment Career**