Is it easy to clear CFA Level 2?
Unfortunately, the CFA Level 2 exam is a different beast, with a reputation to be the most challenging exam with the most material to cover. Many candidates failed at this hurdle given the step up in difficulty that is unknown upfront.
How long does it take to clear CFA Level 2?
The general recommendation is that you spend roughly 300 hours preparing for each level of the CFA exam. According to a 2019 survey, Level II candidates spent an average of 328 hours preparing for the exam.
Is CFA Level 2 that hard?
The CFA Level II exam is fairly difficult and asks you to apply concepts, rather than just understand them. So, it’s critical that you spend time on practicing and taking sample tests while reviewing the areas where you are weak throughout your preparation. Best of luck on the exam!
What are the job opportunities for a CFA level 1?
– 8% of candidates are currently in CF and want to stay in their preferred sector. This group is likely using the CFA credential to gain further knowledge for career advancement. – 6% of candidates are currently in Consulting. – 5% of candidates are currently in Accounting.
What is the passing rate for CFA level 1?
Thus, the pass rates for CFA Level 1 shown below are average of the two exams within the same year. For 2020, the pass rate comes from the single Level 1 exam offered in December. The 10-year weighted average pass rate for CFA Level 1 is 42%. It’s certainly not an easy exam to pass, but it’s good to see the upward trend.
What is the minimum passing score for CFA?
– Foundations of Risk Management = Excellent – Quantitative Analysis = Good – Financial Markets & Products = Fair – Valuation & Risk Models = Excellent
How hard is the CFA level 1 exam?
The CFA Level 1 examination is just the start as you need to clear all the three levels of the examinations. Failure in any of the levels will be considered as a total failure for the candidate, and he/she has to start from the beginning. The exams are quite difficult as only 43% of applicants cleared the CFA Level 1 examination back in 2018.