CFA Institute
Deep application of investment valuation and analysis. Vignette-based exam requiring synthesis across asset classes.
5% of exam · 3 sections
5% of exam · 3 sections
10% of exam · 4 sections
20% of exam · 8 sections
15% of exam · 4 sections
10% of exam · 3 sections
10% of exam · 7 sections
The Chartered Financial Analyst — Level II (CFA Level II) is administered by CFA Institute, with roughly ~50,000/yr candidates sitting it. The exam has 88 questions and a 4 hours 30 minutes time limit. Deep application of investment valuation and analysis. Vignette-based exam requiring synthesis across asset classes.
AskBoudin covers all 8 exam areas with an AI tutor and unlimited AI-generated practice questions. Start free — the first chapter is on us. Study at your own pace and take full-length mock exams that mirror the real CFA Level II weighting.
How many questions are on the CFA Level II exam?
The Chartered Financial Analyst — Level II has 88 questions and a 4 hours 30 minutes time limit. AskBoudin generates unlimited fresh practice questions across all 8 exam topics, so you never run out of material.
What topics does the CFA Level II cover?
The exam covers 8 areas: Ethics & Standards, Quantitative Methods, Economics, Financial Reporting & Analysis, Equity Valuation, Fixed Income, Derivatives, Portfolio Management. Each is weighted toward the real exam blueprint.
Is CFA Level II prep free to start?
Yes. The first chapter is always free — study with the AI tutor and take practice questions before paying anything.
How does the AI tutor help me pass the CFA Level II?
Ask the tutor any concept in plain English and get an instant explanation, then generate a fresh practice set on the same topic. It is available 24/7, so you are never stuck waiting for an instructor.
Aligned to the CFA Institute Level II curriculum.
Quick-reference summaries for each CFA Level II topic — key facts, formulas, and rules at a glance. Free to read.