What is the format of the Level II CFA exam?

22 Views|Posted a year ago
Asked by Shiksha User
2 Answers

The entire Level ll CFA exam consists of MCQ questions. It is divided into two separate three-hour sessions with a total no. of 88 questions. There are sets which are based on a single vignette that provides a scenario or case study. 

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Saumya Jain
a month ago

CFA Level 2 format is unique as compared to other levels:

  1. CFA Level II has item sets, known as vignettes which checks students abilities to apply knowledge rather than just recall facts and definitions. 
  2. Exam will be conducted in morning and afternoon sessions.
  3. Each session will be for 2 hours and 12 m

...Read more

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CFA programme is a rigorous one. Students should have a good preparation plan to clear CFA Level 2 exam. Students should devote at least 300 hours on an average for each level of the CFA exam

  • Open CFA website
  • Login to CFA account
  • Select CFA program
  • Proceed past initial scheduling tools
  • Search by preferred city. 
  • Select a date range. Students should choose a wide date range

Following test locations for CFA exam were opened from November 2025 session:

  • Addis Ababa, Ethiopia
  • Rabat, Morocco
  • Maputo, Mozambique
  • Mbabane, Swaziland
  • Gurgaon/Gurugram, Haryana, India
  • Nashik, Maharashtra, India
  • Manipal, Karnataka, India

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