Written by CFA charterholders. Sub-topic analysis, exam strategy, and everything in between.
6 articles on CFA Level 2
Level 2 is not harder Level 1 with longer questions. The vignette format has its own failure modes, and most of them are fixable with a con…
CFA Level 2 pass rates have ranged from 39% to 54% since 2015, with a notable shift after the transition to computer-based testing in 2021.…
Level 2 Corporate Issuers goes significantly beyond the WACC and NPV basics of Level 1 — into advanced capital structure theory, M&A deal a…
Level 2 Fixed Income goes far beyond duration and yield to maturity. Spread measures, MBS valuation, liability-driven investing, and active…
Passed Level 1? Here is what is genuinely different about Level 2 — and how to adjust your study approach accordingly.
Equity Valuation is the highest-weighted topic at CFA Level 2 and a major component at Level 1. This model-by-model guide covers what each …
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