CFA® Level 2 Syllabus 2021
CFA® level 2 syllabus 2021- The Institute of Chartered Financial Analyst® have updated the CFA® level 2 syllabus 2021 on its official website. Ethics, Equity, Fixed Income, and Financial Reporting & Analysis are the 4 most important topics in the CFA® level 2 curriculum to prepare for the CFA® level 2 exam. The syllabus of CFA® level 2 includes the same 10 core topic areas included in Level 1 but with an increased difficulty level. The CFA® level 2 June 2020 syllabus will apply to the exams in Level II 2021 (May and Aug) as well. The topic-wise CFA® level 2 weights are available on the CFA website. Candidates should give more time and practise to the topics that are higher weighted. CFA® Level 2 2021 Syllabus focuses more on analytical skills as the questions in the exam are more detail and analytics oriented. Candidates must update themselves with the syllabus of CFA® level 2 to get a headstart on their preparation and perform better in the exam. Check out the article given below to know more important details on the syllabus of CFA® level 2, CFA® level 2 topic wise weights and the CFA® level 2 exam pattern.
CFA® Level 2 2021 Syllabus- Important Topics
The syllabus of CFA® level 2 has the same 10 core topic areas as Level 1 but it focuses more on the calculations and analytical part of the topics. The fee for CFA® level 2 curriculum will be covered in the exam registration fee but the curriculum can also be purchased separately by paying a fee of USD 150 and additional shipping costs. The candidates can log in to the candidate resources section to purchase the curriculum separately. Check out the core CFA® level 2 curriculum topics along with their weights.
CFA® level 2 weights- Topic Wise
Ethical and Professional Standards
Financial Reporting and Analysis
CFA® exam pattern Level 2 2021
Along with the CFA® level 2 syllabus 2021, candidates should also have proper knowledge about the CFA level 2 exam pattern to prepare properly for the exam and make a study plan. The exam pattern for the CFA® level 2 is given below:
Medium of exam
Mode of exam
Online (Computer Based)
Number of sessions
2 (2.25 hours for each session)
Type of Questions
Number of questions
45 item set questions/ session
CFA® level 2 syllabus 2021 - Study Material
The CFA® Level II exam consists of item set based multiple-choice questions. CFA® level 2 exam date is already updated on the official website. As per previous records, the successful candidates need to spend around 328 hours to study for the CFA® Level II exam. The official website consists of sample questions and mock exam questions for practice. These questions are given to give the candidates a feel of the actual exam.
For CFA Level II mock exam practise questions, click here.
For sample questions of the CFA® Level II exam, click here.
CFA® level 2 Study Tools
CFA Institute has introduced a Learning ecosystem which offers CFA® level 2 curriculum, study sessions for all three levels, and study plans. The students need to login into the learning ecosystem to get access to Practice questions, mock exams, and learning games All the study materials will be provided at the same time. CFA® level 2 curriculum pdf can also be accessed from the learning ecosystem.
The students can also get extra study support from the exam prep providers to help with online and paper-based study material. Candidates can download CFA® level 2 curriculum free from various third party websites as well.
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Frequently Asked Question (FAQs) - CFA® Level 2 Syllabus 2021
Question: How many hours should be dedicated to studying for the CFA® level 2 exam?
An average successful candidate spends around 328 hours preparing for the CFA® level 2 exam.
Question: Do the CFA® level 2 exam books change every year?
The CFA® level 2 curriculum changes every year and the books change as per that.
Question: Is it sufficient to self-study for CFA®?
Students can plan properly for self-study and focus on the core curriculum for the CFA® level 2 exam preparation.
Question: Is CFA® level 2 completely multiple-choice format?
CFA® level 2 is a multiple-choice based exam but the questions are grouped into mini-cases that are also called as item-sets.
Question: Are practice questions and mock exams available on the official website?
Yes, the candidates can access practise questions, study tools and mock exams by logging into the learning ecosystem.