What is the recommended study time for the cfa level 2 exam?

Like the CFA Level I exam, you can expect to study hard for Level II, and probably even more. Candidates who pass the exam claim to have studied more than 320 hours to prepare for the exam day, an amount that equates to more than 13 hours per week if they start preparing for the exam six months before the actual exam. I may win the prize for the most hours studied for level 2, but I think that the question about the minimum study time is not the right way to approach level 2 or even level 3 when you get it. The question is what is the maximum amount of time you can spend without going crazy. You have to be constant and live and breathe the material.

I studied 650 hours for my first attempt at level 2, failed band 10 and, even though I thought I was ready, the exam knocked me unconscious like a Mike Tyson top cut. I studied for about 700 hours to repeat it and passed it with a margin of error. Do what you have to do to pass the exam. If you want it so badly, make it happen. Unlike FRM, the CFA program does not impose any time limit between levels nor does it impose any time limit for completing all 3 levels.

Try to enjoy your well-deserved time off to maintain stamina for the next level (especially), as I mentioned in my previous post. While both Level 1 and Level 2 have a similar number of pages in the curriculum on the same 10 topics, the amount of depth and detail that Level 2 addresses (and where it is evaluated) is significant older. I just wanted to know how difficult it really is and, since I spend approximately 500 hours on level I and didn't finish the exam on time and had to guess questions for which I really knew the answers (I had a minute left and had to guess between 10 and 20 questions at the end), I'm trying to prepare myself mentally and try to draw up a schedule for level II if I pass level I. However, candidates may lose momentum and motivation if they take too long a break between exam levels.

CFA Institute reference material and a partial mock exam are included with the registration and enrollment of candidates. I didn't have much time to work full time in a busy position and studied full time only on the weekends (I was too tired on weekdays)). It took me about a month and a half to read only CFA books and that meant a daily reading of approximately. You'll need to spend time at Level 2 to understand the materials and spend time on practice exams.

I've even heard of a candidate who has spent 7 years between level 1 and level 2 due to events in his life; without a doubt, it's useful to have that flexibility. It answers the most frequently asked questions about the level 2 exam, an example of my 4-month curriculum, and includes specific tips about level 2 of CFA that I hope you will find useful. I only used Schweser's notes, Schweser's end-of-chapter questions, a CFA mock, and 6 sets of Schweser practice tests for my preparation for Level II. But I spent another month and a half reading CFA books before studying Schweser, which were very, very exhaustive and seemed useless to me.

Your preparation process for the Level II exam will provide you with the skills needed to apply that knowledge to some of the tasks that financial analysts are expected to perform. Level I was a test of your knowledge of the ethical and professional standards of sound financial analysis.

Serena Lubahn
Serena Lubahn

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