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CFA Institute · Finance & Accounting

CFA Level II – Chartered Financial Analyst

CFA Level II focuses on asset valuation and applying investment tools. Widely recognized as the hardest CFA level due to vignette-based exam format.

Level
Intermediate
Salary Context
$100K–$150K
Exam Cost
$940–$1,250
Difficulty
45%

Quick Verdict

CFA Level II – Chartered Financial Analyst sits at the Intermediate level — a solid next step once you have some foundational experience, without requiring the multi-year track record advanced credentials demand.

What the Exam Covers

  • ["Equity Valuation", "Fixed Income Analysis", "Alternative Investments", "Derivatives Valuation", "Financial Reporting & Analysis", "Portfolio Management & Wealth Planning"]

Who This Suits

Professionals who passed CFA Level I, targeting analyst or fund management roles.

Career Paths

["Senior Investment Analyst", "Equity Research Associate", "Asset Manager"]

Frequently Asked Questions

Is CFA Level II – Chartered Financial Analyst worth it?

CFA Level II – Chartered Financial Analyst sits at the Intermediate level — a solid next step once you have some foundational experience, without requiring the multi-year track record advanced credentials demand.

What topics does the CFA Level II – Chartered Financial Analyst exam cover?

["Equity Valuation", "Fixed Income Analysis", "Alternative Investments", "Derivatives Valuation", "Financial Reporting & Analysis", "Portfolio Management & Wealth Planning"]

Who should take CFA Level II – Chartered Financial Analyst?

Professionals who passed CFA Level I, targeting analyst or fund management roles.

What jobs can CFA Level II – Chartered Financial Analyst lead to?

["Senior Investment Analyst", "Equity Research Associate", "Asset Manager"]

What salary range is associated with CFA Level II – Chartered Financial Analyst?

Professionals holding this certification are commonly associated with a salary range of $100K–$150K. Actual compensation varies significantly by region, employer, and years of experience.

Where can I verify current exam pricing and requirements for CFA Level II – Chartered Financial Analyst?

Check CFA Institute's official certification page directly. Exam fees, formats, and prerequisites change periodically, so the vendor's own site is the only reliable source for current details.

Verify before you book: exam fees, formats and prerequisites change periodically. Always confirm current details on CFA Institute's official certification page before registering.