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CFA Level 2 Exam May 2024 - Dates (Out), Registration (Started), Eligibility, Syllabus & Exam Pattern

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CFA Level 2 Exam May 2024 - Dates (Out), Registration (Started), Eligibility, Syllabus & Exam Pattern

Edited By Team Careers360 | Updated on Apr 20, 2024 11:14 AM IST | #CFA Exam

The Chartered Financial Analyst Institute will close the CFA level 2 August 2024 registrations on May 14, 2024. The registrations for CFA level 2 November 2024 is also open till August 7, 2024. Candidates must visit the official website cfainstitute.org to register online. The upcoming CFA level 2 exam for May 2024 session is scheduled to be held from May 22-26, 2024.

CFA Institute conducts the CFA Level II exam three times in a year - in May, August and November. The CFA exams for Level 2 are held in online mode at 23 test centres in India. Though CFA Level 2 registrations are open throughout the year, it is advisable to always check the cutoff dates for each of the CFA Level 2 exam months. Here, in this article get all details about CFA Level 2 including dates, registration, eligibility criteria, syllabus, and other relevant information.

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Even though CFA Level 2 is held thrice a year, candidates are not likely to get as many CFA Level 2 attempts because of the requirement of a gap of 6 months between two consecutive attempts.

CFA Level 2 - Exam Overview

ParticularsDetails

Exam name

Chartered Financial Analyst Exam

Level of exam

National level exam

Conducting body

Chartered Financial Analyst Institute (CFA)

Duration of CFA Level 2 exam

4 hours and 24 minutes (will be divided into two sessions)

CFA level 2 Frequency

Three times - May, August and November

Mode of the exam

Online computer-based

Language of the CFA level 2 exam

English

Enrollment fee for CFA level 2

USD 450

CFA level 2 early registration fee

USD 940

CFA level 2 standard registration feeUSD 1, 250

Exam website

www.cfainstitute.org

10-year average pass rate

45%

Helpline number

001434-951-5499

CFA Level 2 Exam Date

Candidates aspiring to take the Level 2 exam should keep themselves updated with the CFA Level II dates. Given below are the important dates for the past and upcoming sessions of CFA Level 2.

CFA Level 2 2024 - Important Dates

EventsMay 2024August 2024November 2024
Registration Window OpensAugust 15, 2023November 14, 2023February 8, 2024
Scheduling Window OpensAugust 15, 2023November 14, 2023February 8, 2024
Early Registration DeadlineOctober 12, 2023January 23, 2024April 16, 2024
Registration Closes onFebruary 6, 2024May 14, 2024August 7, 2024
Scheduling Last DateFebruary 14, 2024May 21, 2024August 13, 2024
Rescheduling the deadline for CFA Level 2 examApril 22, 2024July 29, 2024October 17, 2024
CFA Exam DatesMay 22-26, 2024August 27-21, 2024November 20-24, 2024
CFA L2 Result DateWithin 5-7 weeks of taking the examWithin 5-7 weeks of taking the examWithin 5-7 weeks of taking the exam
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CFA Level 2 Eligibility Requirement 2024

The CFA Institute informs about the CFA Level 2 eligibility requirements on its official website. Before filling the application form, candidates should meet the eligibility criteria of CFA Level 2 as prescribed by the Institute. Candidates must fulfil one of the qualification requirements as given in the table below and also meet the other requirements.

CFA Level 2 Eligibility Criteria

ParticularsDetails
Qualification requirements
  • Should have a bachelor’s degree or equivalent program from any recognized university/ college

  • Undergraduate students can also apply provided they have 11 months or less left to attaining their graduation.

  • 4,000 hours of professional work experience or a combination of work experience and education that is accumulated over a minimum of 36 months. Here the duration of work experience and education cannot overlap.


Other requirements
  • Have a valid international passport

  • Have proficiency in English

  • Sign a “Professional Conduct Statement Form”


CFA Level 2 Registration 2024

Candidates can register for the CFA level 2 exam in online mode from the official website of CFA institute. Candidates also have the option to schedule and reschedule their exams. Currently registrations are open for August 2024 and November 2024 sessions of CFA level 2.

Steps to register for CFA Level 2 exam 2024

Step 1 - Go to the official website - cfainstitute.org and select the option Program then go to Register from the dropdown menu

Step 2 - Enter your login details of the CFA account such as email address and password

Step 3 - Select CFA Level 2 registration and fill the application form

Step 4 - Make payment as per the CFA Level II registration fee

Step 5 - Download the confirmation receipt and save it for future reference

CFA Level 2 Fees 2024

The CFA Level 2 fees vary according t4o the time at which the candidates register for the exam. Early birds who register within the early registration deadline are required to pay lesser registration fees in comparison to those who register during the standard registration window. The table given below provides the details of the fees to be paid by the candidate while registering for the second level of CFA.

CFA Level 2 Registration Fee

ParticularsFees

CFA Level 2 enrollment fee

USD 350

Early registration fee

USD 940

Standard registration fee

USD 1250

Rescheduling feeUSD 250

CFA Level 2 Syllabus 2024

Candidates registered for Level 2 CFA should refer to the official syllabus before commencing their exam preparation. The CFA Level 2 syllabus provided by the CFA Institute is accessible online and helps the candidates plan their preparation strategy. All the levels of CFA have common subjects. However, the syllabus at each of the levels places different weights on the subjects. Given below in the table is the syllabus of CFA Level 2 with subjects and weightage.

CFA Level 2 Syllabus and Weightage

SubjectsAimWeight

Ethical and Professional Standards

  • Help students understand ethics and related challenges to ethical behavior.

  • Know the about the role that ethics and professionalism play in the investment industry

10-15%

Quantitative Methods

Exploring about quantitative concepts and techniques used in financial analysis; investment decision making

5-10%

Economics


  • To analyse the fundamental concepts of supply and demand

  • Understand various market structures, macroeconomic concepts and principles

5-10%
Financial Statement Analysis
  • Aims to provide thorough explanation of financial reporting procedures

  • Understand the standards that govern the financial reporting disclosures

10-15%

Corporate Issuers/ Finance

  • Introduction to corporate governance

  • Know the growing impact of environmental and social considerations in investing

5-10%


Equity Investments


  • Understand the workings of equity investments, security markets, and indexes

  • Know how to analyze industries, companies, and equity securities as well as the use of basic equity valuation models

10-15%

Fixed Income

  • Learn about the fixed income securities and their yield measures, risk factors, markets, and valuation measurements.

  • Calculating yields, the securitization of assets, fixed income securities, bond returns and risks, credit analysis.

10-15%

Derivatives

  • Valuation concepts such as forwards, futures, swaps, and contingent claims

  • Learn about the conceptual framework related to derivatives and derivative markets

5-10%


Alternative Investments

Know about edge funds, private equity, real estate, commodities, and infrastructure

5-10%

Portfolio Management and Wealth Planning

Learn about the fundamentals of portfolio and risk management

10-15%
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CFA Level 2 Exam Pattern 2024

The CFA Institute officially prescribes the exam pattern of CFA Level II such as time duration, type and number of questions asked, language, marking scheme. Before making a study plan, candidates should have knowledge about the CFA level 2 exam pattern.

CFA Level 2 Paper Pattern

ParticularsDetails

Medium of exam

English

Number and type of questions

88 accompanying multiple-choice questions.

CFA Level 2 exam duration

4 hours 24 Minutes (2 hours and 12 minutes for each session)

Marking scheme

No negative marking

Mode of exam

Computer-based

CFA Level 2 Preparation Tips

CFA Level 2 exam has a pass rate of close to 50%. So candidates must understand how to prepare for CFA Level 2 well in order to succeed in the exam. The CFA institute provides CFA level II study material and prep tests on its website which candidates can purchase after paying the required amount. Given below are some of the preparation tips for CFA level 2.

  • Follow a study time table and allocate time and learning resources appropriately as per the syllabus and topic weights.
  • Start your preparations early on so enough time is left at the back end for revision.
  • Refer to good books and the official study material to get a good conceptual understanding of the subjects as per the latest syllabus.
  • Candidates need to solve previous year question papers, and mock tests to build speed get a grasp on the topics covered.

CFA Level 2 Mock Exam and Practice Questions 2024

CFA Institute provides CFA Level 2 practice questions and mock exam to help students with their preparation. These resources for preparation are provided through CFA Learning Ecosystem. CFA Institute recommends students to attempt the practice questions as they work their way through the CFA Level II curriculum. The CFA Level II mock exam 2024 also mimics the exam-day experience for students.

CFA Level 2 Practice Questions

CFA Level II 2024 practice questions are based on lessons given in the curriculum. These practice questions help students evaluate their topic-level strengths and weaknesses. All questions are prepared from the current curriculum of CFA Level II. The practice questions are in the same format as the ones that will be asked in the actual exam. Candidates will also get in-time feedback for their answers along with detailed explanations for the correct answer.

CFA Level 2 Mock Exam

CFA Level 2 mock exam 2024 by CFA Institute is created to replicate the structure and timing of the actual exam. The CFA Level 2 mock exams are posted two months from the date of your exam on the CFA Learning Ecosystem. Each mock exam carries the same topic-wise weightage and difficulty level as the actual exam. The mock exam of CFA Level 2 are created from the curriculum of the exam.

CFA Level 2 Study Material

With CFA Level 2 exam date coming close, candidates must try to get their hands on as many resources as quickly as possible. Solving mock papers and revising the topics is the ideal thing to do during the last leg of preparation. For their last minute study plans, candidates can check with some of the official exam prep providers with whom the CFA Institute has tied up with. Some of the providers include Analyst Prep, Edge Designations, Bloomberg Exam Prep and more. Here are some CFA Level 2 study resources candidates can use for their CFA Level 2 preparation:

  • CFA Practice Questions
  • CFA Mock exam
  • CFA Practice Pack (additional purchase necessary)
  • CFA Prep Providers
  • CFA Institute Learning Ecosystem
  • CFA Program curriculum end-of-reading practice problems
  • Study Groups
  • CFA Curriculum

CFA Level 2 Admission Ticket 2024

Once the registration, scheduling and rescheduling dates are closed, the CFA Institute will release the CFA admission ticket for Level 2. Candidates will be able to download their admission tickets under their official CFA account. The CFA Level II admit card is an important document that must be downloaded and carried on the exam day.

Details mentioned on the CFA Level 2 admission ticket:

  • Candidate’s name and CFA Institute ID number

  • Last four characters of the passport and expiration date

  • Exam date (as selected by the candidate)

  • Test centre details and reporting time

  • Exam day guidelines to be followed


CFA Level 2 Test Centre 2024

The place(s) at which the CFA level 2 exam will be conducted is referred to as the test location or exam centre. CFA Level 2 exam is held in more than 400 test locations across the world. A list of the Indian CFA exam centres has also been uploaded by the CFA Institute in PDF format on its official website. The list is also mentioned below. Beginning from November 2023, 7 new CFA exam centres have been added.

CFA Level II Exam centres

CFA Level 2 Test Centre Cities

Ahmedabad

Jaipur

Bengaluru

Kolkata

Bhopal

Lucknow

Kochi

Chennai

Hyderabad

Mumbai

Indore

Guwahati

BhubaneshwarChandigarh

New Delhi

Pune

SuratRanchi
NagpurCoimbatore
NoidaVisakhapatnam
Raipur

CFA Level 2 Result 2024

The CFA Institute releases the result within 5-7 weeks after conducting the CFA level 2 exams. The result can be checked by candidates on the official website by logging into their CFA account. Alongside, CFA Institute also provides the results to candidates on their registered email address and phone number.

How to check the result -

Step 1 - Login to the official website of CFA - www.cfainstitute.org

Step 2 - Login to your account and click on the option “CFA level 2 result”

Step 3 - Detailed CFA level 2 result will be displayed on the screen

Step 4 - Download and print it for future reference

Qualified candidates can proceed to register for the next stage - CFA level 3. The CFA Institute has also updated the CFA level 3 exam dates on its website.

Frequently Asked Question (FAQs)

1. CFA level 2 how many times a year?

 CFA level 2 exam is conducted three times in a year - May, August and November.

2. Can I reschedule my CFA level 2 exam date?

Yes, candidates have the option to reschedule CFA level 2 exam date before the stipulated deadline.

3. What is the rescheduling fees for CFA Level 2 exam?

Candidates who want to reschedule their CFA level 2 exam have to pay USD 250 as an exam rescheduling fee.

4. When is CFA level 2 exam held

CFA Level 2 takes place three times a year however, the CFA institute prescribes a gap of 6 months between two consecutive attempts. 

5. When will CFA Level 2 results be released?

CFA Level 2 results will be released on the official website after 5-7 weeks of completion of the exam. 

6. What is the pass rate for the CFA level 2 exam?

As per the previous data, the average pass percentage for the past 10 years is 45%.

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For publishing books, newspapers, magazines and digital material, editorial and commercial strategies are set by publishers. Individuals in publishing career paths make choices about the markets their businesses will reach and the type of content that their audience will be served. Individuals in book publisher careers collaborate with editorial staff, designers, authors, and freelance contributors who develop and manage the creation of content.

3 Jobs Available
Journalist

Careers in journalism are filled with excitement as well as responsibilities. One cannot afford to miss out on the details. As it is the small details that provide insights into a story. Depending on those insights a journalist goes about writing a news article. A journalism career can be stressful at times but if you are someone who is passionate about it then it is the right choice for you. If you want to know more about the media field and journalist career then continue reading this article.

3 Jobs Available
Editor

Individuals in the editor career path is an unsung hero of the news industry who polishes the language of the news stories provided by stringers, reporters, copywriters and content writers and also news agencies. Individuals who opt for a career as an editor make it more persuasive, concise and clear for readers. In this article, we will discuss the details of the editor's career path such as how to become an editor in India, editor salary in India and editor skills and qualities.

3 Jobs Available
Reporter

Individuals who opt for a career as a reporter may often be at work on national holidays and festivities. He or she pitches various story ideas and covers news stories in risky situations. Students can pursue a BMC (Bachelor of Mass Communication), B.M.M. (Bachelor of Mass Media), or MAJMC (MA in Journalism and Mass Communication) to become a reporter. While we sit at home reporters travel to locations to collect information that carries a news value.  

2 Jobs Available
Corporate Executive

Are you searching for a Corporate Executive job description? A Corporate Executive role comes with administrative duties. He or she provides support to the leadership of the organisation. A Corporate Executive fulfils the business purpose and ensures its financial stability. In this article, we are going to discuss how to become corporate executive.

2 Jobs Available
Multimedia Specialist

A multimedia specialist is a media professional who creates, audio, videos, graphic image files, computer animations for multimedia applications. He or she is responsible for planning, producing, and maintaining websites and applications. 

2 Jobs Available
Welding Engineer

Welding Engineer Job Description: A Welding Engineer work involves managing welding projects and supervising welding teams. He or she is responsible for reviewing welding procedures, processes and documentation. A career as Welding Engineer involves conducting failure analyses and causes on welding issues. 

5 Jobs Available
QA Manager
4 Jobs Available
Quality Controller

A quality controller plays a crucial role in an organisation. He or she is responsible for performing quality checks on manufactured products. He or she identifies the defects in a product and rejects the product. 

A quality controller records detailed information about products with defects and sends it to the supervisor or plant manager to take necessary actions to improve the production process.

3 Jobs Available
Production Manager
3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
QA Lead

A QA Lead is in charge of the QA Team. The role of QA Lead comes with the responsibility of assessing services and products in order to determine that he or she meets the quality standards. He or she develops, implements and manages test plans. 

2 Jobs Available
Structural Engineer

A Structural Engineer designs buildings, bridges, and other related structures. He or she analyzes the structures and makes sure the structures are strong enough to be used by the people. A career as a Structural Engineer requires working in the construction process. It comes under the civil engineering discipline. A Structure Engineer creates structural models with the help of computer-aided design software. 

2 Jobs Available
Process Development Engineer

The Process Development Engineers design, implement, manufacture, mine, and other production systems using technical knowledge and expertise in the industry. They use computer modeling software to test technologies and machinery. An individual who is opting career as Process Development Engineer is responsible for developing cost-effective and efficient processes. They also monitor the production process and ensure it functions smoothly and efficiently.

2 Jobs Available
QA Manager
4 Jobs Available
AWS Solution Architect

An AWS Solution Architect is someone who specializes in developing and implementing cloud computing systems. He or she has a good understanding of the various aspects of cloud computing and can confidently deploy and manage their systems. He or she troubleshoots the issues and evaluates the risk from the third party. 

4 Jobs Available
Azure Administrator

An Azure Administrator is a professional responsible for implementing, monitoring, and maintaining Azure Solutions. He or she manages cloud infrastructure service instances and various cloud servers as well as sets up public and private cloud systems. 

4 Jobs Available
Computer Programmer

Careers in computer programming primarily refer to the systematic act of writing code and moreover include wider computer science areas. The word 'programmer' or 'coder' has entered into practice with the growing number of newly self-taught tech enthusiasts. Computer programming careers involve the use of designs created by software developers and engineers and transforming them into commands that can be implemented by computers. These commands result in regular usage of social media sites, word-processing applications and browsers.

3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
Information Security Manager

Individuals in the information security manager career path involves in overseeing and controlling all aspects of computer security. The IT security manager job description includes planning and carrying out security measures to protect the business data and information from corruption, theft, unauthorised access, and deliberate attack 

3 Jobs Available
ITSM Manager
3 Jobs Available
Automation Test Engineer

An Automation Test Engineer job involves executing automated test scripts. He or she identifies the project’s problems and troubleshoots them. The role involves documenting the defect using management tools. He or she works with the application team in order to resolve any issues arising during the testing process. 

2 Jobs Available
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