Study Materials for 2023 CFA®, FRM®, Actuarial, GMAT® and EA® Exams


Level II & Level III of the CFA Exam - Complete Course by AnalystPrep

  • video lessons: 100+ hours
  • practice questions: 3,000+
  • full mock exams: 4
  • students enrolled: 20,000+

AnalystPrep’s content has been developed by CFA charterholders with first-hand experience of the exam. Our instructors know what it takes to pass. Each question is repeatedly validated to ensure you get the most out of the platform. All our practice questions are adjusted regularly to be consistent with the current CFA® Program curriculum and difficulty level. Join the 20,000 candidates who register yearly and see why AnalystPrep is rated the #1 prep platform for CFA exams.

5.0 61 Reviews

Professor James Forjan, PhD, CFA


Course Features
  • 50 Hours of Video Lessons
  • Study Notes for each Reading
  • 5,000 Practice Questions
  • CBT Practice Exams
  • Lifetime Access

Level II & Level III of the CFA Exam - Complete Course by AnalystPrep


Additional Course Info

  • Student Enrolled: >20,000
  • Levels: II, and III
  • Practice Questions: 3,000
  • Duration: Lifetime

Course Overview

Level II of the CFA exam comprises of item set questions. Each item set consists of a case statement, also called a vignette, and four to six multiple-choice questions. Thus, there’s a total of 88 items multiple-choice items, equally split between the morning session and the afternoon session.

The Level III CFA exam is offered twice a year. The afternoon session, which is similar to the Level II exam, includes item set questions. Each item set has 6 multiple-choice questions and there are 10 item sets in total.

The unusual part of the Level III exam is the morning session, in which candidates have to write answers in essay format. The essay format part consists of 8 to 12 questions and each question has two or more sub-parts.

Unlike other CFA exams, the curriculum for level III focuses mainly on portfolio management and wealth planning. Topics such as Quantitative Methods, Economics, Corporate Finance, Financial Reporting and Analysis have been removed from the curriculum. Ethics, Alternative Investments, Derivatives, Equity Investments, and Fixed Income topics mostly preserve the weightings they were assigned in previous exams. Meanwhile, Portfolio Management and Wealth Planning topics weightings now comprise 45%-55% of the Level 3 exam.

Course Curriculum

Our study notes, video lessons, and question banks are divided into specific topics to help you attain an all-round understanding of the curriculum. Every question is accompanied by a detailed solution. In the event that you’d like some clarification on a specific concept, our instructors are reachable round the clock.


out of 5.0

5 Star
4 Star
3 Star
2 Star
1 Star

Professor James Forjan, PhD, CFA

Professor James Forjan has taught college-level finance classes for over 25 years. With a clear passion for teaching, Prof. Forjan has worked in the CFA exam preparation industry for decades after earning his charter in 2004. His resume includes:

☑ BS in accounting
☑ MSc in Finance
☑ Ph.D. in Finance (minor in Economics and two PhD level classes in Econometrics)
☑ Has taught at different 6 universities (undergraduate and graduate-level Finance classes)
☑ Co-author of investment books
☑ Has crafted, edited, updated, and upgraded a multitude of CFA exam type questions at all levels
☑ And much more…

Reviews 11

Abdulgadir M.2020-08-11 17:43:47

James Forjan is just Brilliant. I'm totally new to these exams and James Forjan's videos have been really helpful, I'm looking to take my exam this February. I'm from London, highly recommend.

Pratham K.2020-08-11 17:43:13

Loved the video series. I love the video series because the explanation is provided in the simplest manner. It is helping me in clearing my concepts.

Mary F.2020-08-11 17:35:01

BIG THANK YOU! I'd like to special thank you for Prof Forjan and the team. [...] I'm more than grateful to have access to these amazing tutorials here which greatly ease my study pressure and gain confidence. [...] Once again, a big THANK YOU!

James B.2019-03-14 14:04:41

"Thanks to your program I passed the first level of the CFA exam, as I got my results today. You guys are the best. I actually finished the exam with 45 minutes left in [the morning session] and 15 minutes left in [the afternoon session]... I couldn't even finish with more than 10 minutes left in the AnalystPrep mock exams so your exams had the requisite difficulty level for the actual CFA exam."

Jose Gary2019-03-04 16:52:14

"I loved the up-to-date study materials and Question bank. If you wish to increase your chances of CFA exam success on your first attempt, I strongly recommend AnalystPrep."

Brian Masibo2019-03-04 16:50:55

"Before I came across this website, I thought I could not manage to take the CFA exam alongside my busy schedule at work. But with the up-to-date study material, there is little to worry about. The Premium package is cheaper and the questions are well answered and explained. The question bank has a wide range of examinable questions extracted from across the whole syllabus. Thank you so much for helping me pass my first CFA exam."

Aadhya Patel2018-10-16 18:21:06

"Good Day! I cleared FRM Part I (May-2018) with Thanks a lot to AnalystPrep and your support. Regards,"

Justin T.2017-09-28 07:55:56

@AnalystPrep provided me with the necessary volume of questions to insure I went into test day having in-depth knowledge of every topic I would see on the exams.”

Joshua Brown2017-09-28 07:54:27

“Great study materials and exam-standard questions. In addition, their customer service is excellent. I couldn’t have found a better CFA exam study partner.”

Zubair Jatoi2017-09-28 02:47:09

“I bought their FRM Part 1 package and passed the exam. Their customer support answered all of my questions when I had problems with what was written in the curriculum. I'm planning to use them also for the FRM Part 2 exam and Level I of the CFA exam.”

Jordan Davis2017-09-27 08:52:35

“I bought the FRM exam premium subscription about 2 weeks ago. Very good learning tool. I contacted support a few times for technical questions and Michael was very helpful.”