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Product Description Exam Number/Code: CFAII
Exam Number/Code: CFAII
Exam Name: CFA Level II Chartered Financial Analyst Level II
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Information Regarding CFAII Exam
This is the second of three exams offered by the CFA Institute (formerly the Association for Investment Management and Research (AIMR)). This exam (in addition to other requirements) must be passed for an individual to become a CFA chart holder. The CFA Program is a globally recognized standard for measuring the competence and integrity of financial analysts. Level II deals mainly with asset valuation. You must be able to apply the tools and concepts emphasized in Level I to analyze and value investments, and should also have a thorough understanding of capital market theory and industry and company analysis.
Exam Information
Time Limit: 6 hours
Passing Score: Determined each year by the CFA Institute.
Passing Rates: As of August 2004, 32% passed Level II.
Format: Multiple Choices
Prerequisites: Passing grade on CFA Level I exam, and a U.S. Bachelor's degree or equivalent.
Corequisites: Three years of qualifying work experience must be obtained.
Exam Date(s): June
Exam Results: Usually provided within 90 days.
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