[PDF] cfa question of the day level 2

  • Why is CFA Level 2 the hardest?

    Because of the vignette format, CFA Level 2 questions go into a lot more detail than Level 1.
    Exam writers now have a full page (and then some) to explain their scenario, and the questions therefore can test multiple concepts and require a lot more thinking or calculation.

  • Is 300 hours enough for CFA Level 2?

    On average, CFA Level 2 candidates logged 328 hours of studying time.
    In my experience, I think 350 hours of studying time is more realistic for a good chance of passing, especially if done in 4 months.

  • How many questions should be correct in CFA Level 2?

    Focus on What You Can Accomplish.
    There are a total of 88 questions in the CFA Level II exam: 44 questions in the first session and 44 questions in the second session.
    To pass this exam, aim to answer at least 75% of these questions correctly.

  • How many questions should be correct in CFA Level 2?

    The average pass rate for the CFA Level 1 is only 41%.
    For Level 2, you're looking at a passage rate of 45%.
    And Level 3 is not much easier at 52%.
    Overall, less than 11% of all candidates pass all three levels of the exam and earn their charter.

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