CFA® Level II Exam

What sets AnalystPrep apart is not just our question banks and mock exams. It’s the way we help you understand the why behind each answer. We provide detailed explanations that allow you to learn from mistakes and fine-tune your understanding of each topic. Plus, we offer personalized feedback so you can track your progress against thousands of other candidates!

And, this is not us just tooting our horn. It’s what past candidates have said about us. Read this:

We walk with you every step of the way!

• Start with Heavier Weights: Begin your prep with topics that carry higher weights like Fixed Income and Equity Valuation. This way, you’re addressing the most impactful material early on.
• Practice Vignette Questions: Since the exam focuses on vignette-style questions, practice is key. Use mock exams and question banks that mirror the vignette format to get comfortable analyzing large amounts of information quickly.
• Leverage Study Resources: At AnalystPrep, we offer CFA leve 2  notes, video lessons, and mock exams to help you master these critical areas. Plus, our personalized performance tracking ensures you know where to focus your efforts.

In the CFA Level 2 exam, all questions are presented in vignette (item set) format. This is what makes the exam so unique and challenging. Here’s what you need to know:

• Average Vignette Length: Each vignette is around 1.5 pages, but don’t be surprised if you encounter much longer vignettes, especially ones that include tables, financial statements, or charts. These longer vignettes demand even more attention to detail.
• Questions are Linked to the Vignette: Every multiple-choice question (typically 4-6 per vignette) is directly tied to the information in the vignette. This means you cannot answer the questions based on memory alone – you need to read and absorb the vignette carefully.

1. Skim the Questions First: Before diving into the vignette, quickly skim the accompanying questions to understand what kind of information you’ll need to focus on. This saves you time and helps guide your reading.
2. Focus on Key Data: Financial statements, calculations, or comparative data tables are common in vignettes. Train yourself to pick out key figures and relevant details, especially when they relate to Equity Investments, Fixed Income, or Financial Reporting topics.
3. Practice, Practice, Practice: The more vignette-style questions you practice, the better you’ll get at managing time and understanding what’s important. Make use of AnalystPrep’s mock exams and question banks to sharpen these skills.

Make no mistake—the Level II CFA exam is one of the toughest exams you’ll ever take. With pass rates typically between 45% and 50%, it’s clear that the exam demands dedication, smart study techniques, and the right resources. In fact, only 20% of candidates who begin the CFA program actually earn the charter. That’s why it’s crucial to use the best prep tools available, and that’s where AnalystPrep shines.

Here’s why thousands of candidates turn to us for their CFA Level II preparation:</p>

• Realistic Exam Simulations: Our mock exams are designed to closely mirror the real exam. We replicate the exact format and difficulty of the CFA Level II exam, so when you sit for the real thing, you’ll feel fully prepared, with no surprises. Think of it as taking the actual test before exam day!
• Expertly Crafted Question Bank: With hundreds of item sets, each created by CFA charterholders and instructors, our question bank focuses on helping you understand and retain critical concepts. You’ll not only learn how to answer questions but also gain insight into the logic behind the correct answers.
• Detailed Explanations for Every Question: We don’t just tell you the right answer. Every question comes with a detailed explanation so you know why it’s correct and how to improve your approach for next time. This kind of feedback is key to mastering the exam format and boosting your score.
• Performance Tracking and Analytics Stay on top of your progress with our advanced analytics dashboard. It tracks your results, highlights strengths and weaknesses, and even compares your performance with other CFA candidates. You can see exactly where you need to focus your efforts, ensuring that you’re studying smarter, not harder.

Curious to see what it’s like?

You can try out 10 free test item sets (that’s 60 practice questions) when you register for a free account. Plus, with our built-in analytics, you’ll be able to track your performance, monitor your strengths and weaknesses, and adjust your study strategy accordingly.

With thousands of candidates using AnalystPrep to prepare for CFA Level II, we’ve earned a reputation for delivering high-quality, effective, and affordable study solutions. 

Don’t just take our word for it—ask around, and you’ll see why we’re one of the most trusted and cost-effective CFA prep providers.

Affordable Without Compromise

Quality prep materials shouldn’t break the bank. We offer affordable pricing that gives you access to all the tools you need to succeed without the high costs you might expect from other providers.