So in short it's a very hard exam. The quantities answer is ~40% of people who sit level 1 exam pass. It's a hard tough exam. Of those people only ~40% of those that sit the level 2 exam, pass the exam.
What is the best way to study for CFA Level 2?
- Give importance to the highest weight topics. ...
- Prepare according to the exam format. ...
- Focus is on testing your analytical knowledge. ...
- Find your most effective method to learn. ...
- Don't delay, Start Early.
How long should I study for CFA Level 2?
How many hours do I need to study for CFA Level 2? Based on CFA Institute's June 2019 Candidate Survey, the average Level 2 candidate studied for 328 hours. However, based on our experience to increase chances of passing, studying for a minimum of 350 hours over 4-6 months is more common.30 nov 2021
Is schweser enough for CFA Level 2?
Yes totally. Schweser are sufficient enough to clear L2, but please understand it is sufficient only to the extend of passing the exam, it's practical relevance is very limited. Concepts are not explained in detail, only surface knowledge is imparted.
Is CFA l3 easier than l2?
Level 3 is harder than level 2 but less tough to pass because the pass rate is higher at around 50%.6 jun 2013
Is CFA Level 2 the hardest?
Level 2 is much harder than Level 1 simply because it is more intense – the depth and detail Level 2 goes into (and tests on) is greater, as it is more application-focused. More importantly, candidates need to get used to answering the vignette-style multiple choice questions that is new in Level 2 (see tip #4).26 feb 2021
Why is CFA level 3 so hard?
CFA Level 3 is especially challenging because the exam format also deviates from the multiple-choice format. The constructed response format, or 'essay' section, can be very difficult to master for the CFA candidate used to multiple-choice questions. ... Take some days off before the exam, but not too many.27 feb 2021