Our guide to your Level II journey, with essential information, tips, and stories.
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Score to Aim For
Finance, Accounting. Level II presumes your knowledge in these areas and more since you Level I, but any additional background in these areas will help you with the exam. Our video lessons can help you learn the exam material efficiently.
Level II is offered once per year in June.
June 15, 2019
We highly recommend dedicating 4-6 months of dedicated studying to prepare for Level II. Start by learning and reviewing the material, then focus on practice exams. Our predictive analytics can help you measure your progress and assess your readiness for the real exam.
Accounting is difficult, and one of the most heavily tested topics. The concepts are more challenging on this exam than Level I, with more difficult calculations as well.
“Practice more item sets. Focus on how to quickly find the needed information in the passage.”
“Some of the readings are tricky. You need to understand concepts well in addition to knowing lots of material.”
“Much like Level I, it’s important to take your time understanding the questions. Studying for months to give the perfect response to a question that wasn’t actually being asked gets you as many marks as if you hadn't studied at all.”
“I studied quite hard for Level II. On Exam Day, though, I wish I had memorized more equations. The exam wasn't very deep, but it covered lots of topics, and memorizing more equations would have helped.”
You’ll receive your exam results via email after all exams have been graded by CFA Institute. This process usually takes several weeks.
Take some time to celebrate your victory! Then the final challenge begins: Level III.