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CFA Level 2 Exam 2025 - Dates (Out), Registration (Open), Eligibility, Syllabus
Edited By Mirza Farhan Baig | Updated on Dec 30, 2024 02:08 PM IST | #CFA Exam
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CFA Exam Application Date : 29 Jan' 2025 - 29 Jan' 2025
The CFA Institute has opened CFA level 2 May 2025 registration on August 8, 2024. Candidates can complete their registration by visiting the official website - cfainstitute.org by February 6, 2025. The institute will conduct the upcoming CFA level 2 exams for the May 2025 session from May 21-25, 2025. The CFA level 2 August 2025 exams will be conducted from August 27-31, 2025. Earlier, the institute conducted the CFA Level 2 November 2024 exam on November 20-24, 2024. Soon the institute will declare the the CFA level 2 results for November 2024 session. As per the schedule, the CFA level 2 exams for 2025 are conducted thrice in a year - May, August and November.
This Story also Contains
- CFA Level 2 - Exam Overview
- CFA Level 2 Exam Date 2025
- CFA Level 2 Eligibility Requirement 2025
- CFA Level 2 Registration 2025
- CFA Level 2 Fees 2025
- CFA Level 2 Syllabus 2025
- CFA Level 2 Exam Pattern 2025
- CFA Level 2 Preparation Tips
- CFA Level 2 Mock Exam and Practice Questions 2025
- CFA Level 2 Study Material
- CFA Level 2 Admission Ticket 2025
- CFA Level 2 Test Centre 2025
- CFA Level 2 Result 2025
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 2025 including dates, registration, eligibility criteria, syllabus, and other relevant information. 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
| Particulars | Details |
|---|---|
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 990 |
| CFA level 2 standard registration fee | USD 1, 290 |
Exam website | www.cfainstitute.org |
10-year average pass rate | 45% |
Helpline number | 001434-951-5499 |
CFA Level 2 Exam Date 2025
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 present and upcoming sessions of CFA Level 2 for 2025.
CFA Level 2 Exam - Important Dates
| Events | May 2025 | August 2025 | November 2025 |
|---|---|---|---|
| Registration Window Opens | August 8, 2024 | November 6, 2024 | February 12, 2025 |
| Scheduling Window Opens | August 8, 2024 | November 6, 2024 | February 12, 2025 |
| Early Registration Deadline | October 16, 2024 | January 29, 2025 | April 9, 2025 |
| Invoice Payment Deadline | December 28, 2024 | March 27, 2025 | June 26, 2025 |
| Registration Closes on | February 6, 2025 | May 6, 2025 | August 5, 2025 |
| Scheduling Last Date | February 11, 2025 | May 13, 2025 | August 12, 2025 |
| Rescheduling the deadline for CFA Level 2 exam | April 14, 2025 | July 28, 2025 | November 8, 2025 |
| CFA Exam Dates | May 21-25, 2025 | August 27-31, 2025 | November 19-23, 2025 |
| CFA Level2 Result Date | TBA | TBA | TBA |
CFA Level 2 Eligibility Requirement 2025
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
| Particulars | Details |
|---|---|
| Qualification requirements |
|
| Other requirements |
|
CFA Level 2 Registration 2025
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. Aspirants must keep track of the CFA registration dates in order to successfully register and appear for the exam.
Steps to register for CFA Level 2 exam 2025
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 2025
The CFA Level 2 fees vary according to 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 2025 Registration Fee
| Particulars | May 2025 |
|---|---|
CFA Level 2 enrollment fee | USD 350 |
Early registration fee | USD 990 |
Standard registration fee | USD 1290 |
| Rescheduling fee | USD 250 |
CFA Level 2 Syllabus 2025
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
| Subjects | Aim | Weight |
|---|---|---|
Ethical and Professional Standards |
| 10-15% |
Quantitative Methods | Exploring about quantitative concepts and techniques used in financial analysis; investment decision making | 5-10% |
Economics |
| 5-10% |
| Financial Statement Analysis |
| 10-15% |
Corporate Issuers/ Finance |
| 5-10% |
Equity Investments |
| 10-15% |
Fixed Income |
| 10-15% |
Derivatives |
| 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% |
CFA Level 2 Exam Pattern 2025
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
| Particulars | Details |
|---|---|
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 2025
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 2025 also mimics the exam-day experience for students.
CFA Level 2 Practice Questions
CFA Level II 2025 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 2025 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 2025
The CFA Institute will release the CFA admission ticket for Level 2 as soon as the candidates schedule the exam. Candidates can 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 2025
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.
CFA Level II Exam centres
| CFA Level 2 Test Centre Cities | |
|---|---|
Ahmedabad | Jaipur |
Bengaluru | Kolkata |
Bhopal | Lucknow |
Kochi | Chennai |
Hyderabad | Mumbai |
Indore | Guwahati |
| Bhubaneshwar | Chandigarh |
New Delhi | Pune |
| Surat | Ranchi |
| Nagpur | Coimbatore |
| Noida | Visakhapatnam |
| Raipur | |
CFA Level 2 Result 2025
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. The CFA level 2 May 2025 result will be declared in the first week of July 2025.
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 Questions (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 November 2024 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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