CFA® Level 2 Study Guide
Free Study PlansTransform your CFA Level 2 preparation into a seamless experience with our complimentary study plans for six months, two months, and one month. Nothing is more satisfying than a study plan that caters to a candidate’s individual preferences at no cost. Select the study plan that best aligns with your needs and requirements.
CFA Level 2 Study Schedule and Preparation Plan
Our platform is designed to help you pass Level 2 on your first try. Our content is written by subject matter experts at exam-level difficulty, allowing students to practice challenging questions and improve their readiness. By simulating the real test, students build confidence and stamina while familiarizing themselves with exam conditions. For best results, we recommend using our UWorld in conjunction with CFA Institute materials, as follows:
We've outlined various study scenarios based on when you start studying. But, we do align with the CFA Institute's recommendation of 300 hours per level and starting 6 months prior to the exam. However, if life intervenes and you begin closer to the exam, we provide guidance on where to concentrate your efforts.
6 Months Study Plan
(Optimal)2 Months Study Plan
(Not Optimal)1 Month Study Plan
(Not Recommended)With 30 until exam day, prioritize your schedule using the provided planner to allocate a realistic number of hours. You will have to make compromises, but don’t make them in Ethics. Use the steps listed here to manage the flow of your activities, again based on the time you have available. If running behind in the last month, move to the Mock exams. Take as many mocks as you can, but complete 1-2 minimum.
Understanding the CFA Level 2 Exam Question Types
The CFA Level 2 exam introduces item sets that, unlike the L1 exam, delve more into the practicality of the course. You will be tested for real-world situations represented by vignettes, tables, financial statements, and data sets, demanding a thorough knowledge of the curriculum.
The Level 2 exam format allows for 12 minutes per item set, which includes answering the four questions and reading the vignette. The item set's case-study format of L2 also means that candidates must be more familiar with every concept that may appear on the exam. Remember, starting early, staying consistent, and practicing regularly are all keys to success. In more detail, these are our CFA Level 2 preparation tips designed to help you stay on track during your studies.
The Best CFA® Level 2 Prep Designed to Pass the Exam. It's Simple.
CFA Level 2 Study and Preparation Tips
Now that you know what to study, we'll focus on how to study it. When it comes to the CFA Level 2 exam, knowing the content is half the battle. The other half is learning how to best prepare for the exam format. Here are our CFA Level 2 study tips:
UWorld's CFA Level 2 Study Tools
Here's How We Help YouWhen you choose UWorld for your CFA Level 2 study guide and planner, you leverage the knowledge of CFA charterholders with decades of experience in CFA-specific teaching, content creation, and financial training. Some of our professionals even have exam-development experience with the CFA Institute. We can help you understand what to expect from the CFA Level 2 exam and what you need to do to achieve success.
All UWorld products are built on the core concepts of Active Learning, thus making it easy to retain concepts.
We understand that each candidate is unique. Our CFA exam prep tools are designed to work for all learning styles.
Our smart flashcards "hack your brain" by repeating complicated topics at strategically timed intervals using spaced repetition.
Our CFA mocks feature new questions outside our Question Banks, and mirror the format of your exam.
All of our problems reflect the latest CFAI LOS to ensure you review what candidates are expected to know.
Our SimpleSheets contain the basic formulas for all disciplines where formula-based questions are expected.