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Analyzing CFA Level 2 Syllabus: What are the Important Topics?

CFA Level 2 Syllabus Breakdown



1. Ethical and Professional Standards

Morals have a weighting from 10 to 15% in Level 2 (versus 15% in L1). Most of Level 1 morals content continue as before, with a couple of unexpected subjects in delicate dollar standard, research standard, and judicious investment rules.


The inquiries are more troublesome than those in Level 1 since they will be introduced in thing sets with different situations.

2. Quantitative Methods

Quantitative techniques address 5-10% of the Level 2 test, which is significantly not exactly Level 1 (12%).

3. Economics

This subject region addresses 5-10% of the CFA Level 1 educational program (versus 10% in L1). On the off chance that you really do all around ok in Level 1, this ought not to be a trouble spot in Level 2.

4. Financial Reporting and Analysis

Financial announcing and investigation are as yet significant addressing 15-20% of the Level 2 test.

5. Corporate Finance

Corporate money has really weighted in Level 2, presently addressing 5-15%.

6. Equity Investments

This point region is currently the greatest addressing 15-25% of Level 2.

7. Fixed Income

As a significant resource class, the weighting of fixed pay additionally increments to 10-20%.

8. Derivatives

There are candidates who pass Level 1 without contacting Derivatives. This isn't possible in Level as the Derivatives piece increments to 5-10%. Lately, it is 10%, with 2 thing sets containing 12 inquiries.


Having said that, candidates have remarked that the Derivatives in Level 2 are a more straightforward read, as the materials are better composed. However long you invest sufficient energy to sort out how the trades work, they are moderately straightforward.

9. Alternative Investments

Like derivatives, the part on elective speculations is marginally bigger covering 5-15% of the CFA level 2 educational program.

10. Portfolio Management

The weighting of this subject region stays pretty much something similar at 5-10%.


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