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CFA Level 2. Scheweser Study Notes 2007
The CFA Program includes a series of three exams; Levels I, II, and III. The exams:
Are offered annually — at test centers around the world — on the first Saturday in June. The Level I exam is also offered in December.
Must be passed sequentially.
Are available in English only.
The exam content, learning focus, and question format increase in complexity with each level.
Curriculum Content and Learning Focus
An example showing the increase in complexity is the ethical and professional standards curriculum content. This content is similar for each exam level;
Level II tests how you apply those standards to situations analysts face.
Level II exams emphasize more complex analysis, along with a focus on valuing assets.
