Banking, Finance & Insurance
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New answer posted
4 months ago
Contributor-Level 10
Candidates who are interested in investment analysis and portfolio management, want a global career or are ready to invest in further exams can opt for CFA. But if they wnat accounting and auditing, want a strong domestic career base and also value wide options of career options they can go for CA.
New question posted
4 months agoNew question posted
4 months agoNew question posted
4 months agoNew answer posted
4 months agoContributor-Level 6
Check the exam structure for Level 2 exam below:
| Structure | Details |
| Time Duration | Session 1: 2 hours 15 mins Session 2: 2 hours 15 mins Total: 4 hours 30 mins |
| Type of questions | MCQs and Item Sets with Vignettes |
| Number of questions | 88 MCQs 22 Item Sets |
New answer posted
4 months agoContributor-Level 6
New answer posted
4 months agoContributor-Level 6
Unlike the Level 1 exam, CFA Level 2 exam does not only have MCQs. It also consists of item set questions which will be comprised of vignettes.
New answer posted
4 months agoContributor-Level 6
No, CFA Level 1 exam only have 180 multiple choice questions. Students have to choose the correct option from the given options.
New answer posted
4 months agoContributor-Level 6
CFA Level 1 exam is conducted for a total of 4.5 hours. The exam is spread in 2 sessions. Each session duration is 2 hours and 15 minutes.
New answer posted
4 months agoContributor-Level 6
CFA Level 1 exam is considered very tough and challenging. The average pass rate for Level 1 CFA exam stands at just 41% indicating the difficult nature of the exam.
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