The Structure of the CFA Level 2 Exam in Terms of Item Sets and Vignettes

The Structure of the CFA Level 2 Exam in Terms of Item Sets and Vignettes

Article by Team Salt Solutions on (Updated on ) in CFA Study Tips

Understand the structure of CFA Level 2, with insights into item sets and vignettes. Maximize your prep with Salt Solutions' CFA Level 2 mock exams!

Getting ready for the CFA Level 2 exam means getting familiar with its unique structure and format. At Salt Solutions, we know how crucial it is to understand these details to make the most of your study time and pass the exam. That's why we provide a variety of CFA exam study tools, including CFA Level 2 mock exams, a custom quiz builder, manuals, video lessons, and more.

Let’s explore the CFA Level II exam together, focusing on the format of item sets and vignettes that make this level stand out from Level I.

Item sets are the core of the Level 2 exam, grouping together multiple-choice questions that all relate to the same vignette.

The Anatomy of the CFA Level 2 Exam

The Level 2 exam is 4 hours and 24 minutes long, divided into two sessions of 2 hours and 12 minutes each. You can take a break between the sessions if you need to. During the exam, you'll face 22 item sets, each with vignettes that lead into 88 multiple-choice questions.

Deciphering Item Sets and Vignettes

Item sets are the core of the Level 2 exam, grouping together multiple-choice questions that all relate to the same vignette. These vignettes lay out detailed case scenarios, giving you the context you need to analyze and answer the questions.

Understanding the Composition of Item Sets

In each session of the Level 2 exam, you'll tackle 11 item sets, encompassing 22 item sets in total. Out of these, 20 are scored, while the other two are trial questions. The topics can shift between sessions, adding a bit of unpredictability to the mix. Taking CFA Level 2 practice exams is a great way to get a feel for managing these item sets and vignettes within the time limit.

Taking CFA Level 2 practice exams is a great way to get a feel for managing these item sets and vignettes within the time limit.

Navigating the Vignette-Based Approach

Unlike Level 1, where each question is distinct, Level 2 takes a different approach by using vignettes. You’ll need to pull the relevant information from these vignettes to answer the multiple-choice questions that follow. This approach not only tests your knowledge but also challenges you to apply what you’ve learned in real-world scenarios.

How Salt Solutions Can Elevate Your Preparation

Getting ready for the CFA Level 2 exam takes the right study materials and smart practice. At Salt Solutions, we’ve got you covered with top-notch resources, including CFA Level 2 practice exams that mimic the real test environment to boost your confidence. Try out our CFA exam prep platform for free today and see the difference for yourself.

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