Can you sit CFA Level 1 and 2 in the same year?

Can I Take the CFA Level I and CFA Level II Exams Together? No, you can not take the CFA Level I and Level II Exam together. You are only allowed to take the exam two times per calendar year and you can only take one exam every six months.

Can you take the CFA multiple times?

Candidates are permitted to take the exam a maximum of two times per calendar year (when applicable), but not in consecutive windows or windows that are six months or less apart. Candidates will have a total of six maximum attempts per exam level.

Which is harder CFA level 1 or 2?

Level 2 was harder than Level 1. One reason is the different exam format. You don’t have 240 seperate questions but 20 case studies with 6 questions fo reach. That means that a wrong answer has a lot more weight in Level 2 (1/120 compared to 1/240).

Is CFA Level 2 multiple choice?

Level II of the CFA exam is a multiple-choice exam, like Level I. These questions are divided into question sets, and you will be tested on half of the item sets in the morning, and half in the afternoon.

Is CFA level 2 a difficult exam?

Yes, CFA Level 2 is a Difficult examCFA level 1 exam focused on basic knowledge and understanding of tools and concepts of Investment Valuation. Level 2 of CFA examinations is all about the application of these concepts.

What are the topic weights on the CFA exam?

For the Level I CFA exam, CFA Institute specifies fixed topic weights; for example, exactly 6\% in Portfolio Management, 6\% in Derivatives, and so on. At Level II, CFA Institute instead provides ranges; for example, Level II Portfolio Management can have a weight anywhere from 5–15\% (each 5\% weighting represents one item set on the exam).

How many questions are on the CFA exam?

The Level I CFA exam consists of 240 discrete standalone questions, and each of these questions is unrelated to the others. By contrast, the Level II exam is organized as 20 “item sets,” each based on a shared common vignette and containing 6 sub-questions. Generally these six sub-questions will all dig in to a single topic.

What is the difference between CFA level I and Level II Ethics?

A Level II aspirant might believe because they studied CFA Institute Code of Ethics and Standards at Level I, they don’t need to revisit the material again at Level II. This would be a mistake. In Level II Ethics, the same content is tested but at a much more grueling level.

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