CFA Level II

All ten topic areas in the exam’s own item-set format — 1,214 questions and a full 88-question mock.

Price: $220

Courses in this track

  1. CFA Level 2: Ethical and Professional Standards — Master the CFA Level II Ethical and Professional Standards topic area. This course covers all three official 2026 Learning Modules across seven teaching chapters: the Code of Ethics and Standards of Professional…
  2. CFA Level 2: Quantitative Methods — Master the multiple regression, time-series, machine learning, and big data techniques tested in the CFA Level II Quantitative Methods topic area. This course covers the full 2026 curriculum: formulating and diagnosing…
  3. CFA Level 2: Economics — Master the CFA Level II Economics topic area. This course covers both official 2026 Learning Modules across five teaching chapters: how currencies are quoted and traded — bid-offer spreads, cross rates from the correct…
  4. CFA Level 2: Financial Statement Analysis — Master the CFA Level II Financial Statement Analysis topic area. This course covers all six official 2026 Learning Modules across six teaching chapters: intercorporate investments — the classification, measurement, and…
  5. CFA Level 2: Corporate Issuers — Master the CFA Level II Corporate Issuers topic area. This course covers all four official 2026 Learning Modules across four teaching chapters: dividend policy and what it signals — the effect of every payout action on…
  6. CFA Level 2: Equity Valuation — Master the CFA Level II Equity Valuation topic area. This course covers all six official 2026 Learning Modules, one chapter each: the valuation process — intrinsic value, sources of perceived mispricing, going concern,…
  7. CFA Level 2: Fixed Income — Master the term structure, arbitrage-free valuation, embedded-option, and credit analysis techniques tested in the CFA Level II Fixed Income topic area. This course covers the full 2026 curriculum: connecting spot,…
  8. CFA Level 2: Derivatives — Master the pricing and valuation of forward commitments and contingent claims tested in the CFA Level II Derivatives topic area. This course covers the full 2026 curriculum: pricing equity forwards and futures with the…
  9. CFA Level 2: Alternative Investments — Master the CFA Level II Alternative Investments topic area. This course covers all four official 2026 Learning Modules across four teaching chapters: commodities and commodity derivatives — the sectors and their life…
  10. CFA Level 2: Portfolio Management — Master the CFA Level II Portfolio Management topic area. This course covers all six official 2026 Learning Modules, one chapter each: how economic factors price assets through default-free rates, expected cash flows,…
  11. CFA Level 2: Mock Exam — A full-length, exam-realistic CFA Level II mock exam: 88 original questions delivered entirely in the exam's own item-set format — 22 vignettes of exactly four questions each, split into two timed 132-minute sessions…

Everything you need for the CFA® Level II exam, in one place: eleven courses, 69 chapters, 1,214 practice questions and a full-length mock — all of it in the item-set format Level II actually uses.

Level II is a different exam, and this track is built for it

Level I asks 180 standalone questions. Level II asks item sets: a vignette running a page or more, exhibits you have to read, then four questions that all depend on it. The skill being tested is extraction under time pressure, not recall — which is why a candidate who knows the material can still run out of time.

So every assessment here is an item set. 200 of them, 1,214 questions, three answer choices each, and every option explained — why the wrong answers are wrong, not just which one was right. The answer keys are balanced, so you cannot pass by pattern-matching to the longest option or always picking B.

The ten topic areas, each taught properly

Topic Chapters Questions Item sets
Ethical & Professional Standards 8 123 20
Quantitative Methods 8 127 20
Economics 6 112 16
Financial Statement Analysis 7 124 19
Corporate Issuers 5 95 14
Equity Valuation 7 120 19
Fixed Income 7 107 19
Derivatives 7 109 18
Alternative Investments 5 86 14
Portfolio Management 7 123 19
Mock Exam 2 88 22

Each topic course is built on a single running case rather than a pile of unrelated examples — one company disassembled and restated across Financial Statement Analysis, one fund environment carried through Portfolio Management, one endowment's sleeves through Alternative Investments — so the numbers you meet in chapter 2 are the numbers you are still accountable for in chapter 6.

Worked by hand first, then checked

Every calculation is set up and solved the way you will solve it in the exam room — on paper, with a calculator — before any code appears. BA II Plus keystroke sequences are written into the course text across the calculation-heavy topics, so you learn the exact sequence you will use under time pressure.

The Python that follows is there to check the arithmetic, not to do it. It runs in the browser with nothing to install, so you can change an input and watch the answer move — which is how you find out whether you understood the mechanism or just the number.

A mock exam that matches the real one

The track finishes with a full 88-question mock: 22 item sets sat as two timed 132-minute sessions, the official 2026 Level II shape, topic weighting, and pacing. It reports a per-topic breakdown at the end, so you know which topic areas to go back to rather than guessing.

Ask questions, and compare notes

Every course has its own discussion board, open to anyone enrolled. Post a question and get an answer from the instructor — instructor replies are highlighted so you can tell them apart from peer answers at a glance — or talk a sticking point through with other candidates sitting the same exam.

It sits inside the course itself, next to the material you are asking about, so you never have to explain which chapter you mean.

Practical details

  • Chapter 1 of every topic course is free to read before you buy — the mock exam is the one exception
  • 141 figures and exhibits, drawn from the courses' own worked data rather than stock diagrams
  • 24 months of access from purchase, which covers more than one exam cycle
  • Every course in the track is also available on its own, if you only need one topic

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. This track is an independent study resource and is not affiliated with, endorsed by, or sponsored by CFA Institute.