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Financial CFA-Level-II : Chartered Financial Analyst Level II (CFA Level II) Exam

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Test Number : CFA-Level-II
Test Name : Chartered Financial Analyst Level II (CFA Level II)
Vendor Name : Financial
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CFA-Level-II Chartered Financial Analyst Level II (CFA Level II) dumps with Latest Questions
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CFA-Level-II test Format | CFA-Level-II Course Contents | CFA-Level-II Course Outline | CFA-Level-II test Syllabus | CFA-Level-II test Objectives


Exam Code : CFA-LEVEL-II
Exam Name : Chartered Financial Analyst Level II
The chartered financial analyst (CFA) professional designation is offered by the CFA Institute—a global association of investment professionals—to people who successfully complete its exam. The test is comprised of a set of three exams that become increasingly difficult and more complex. Each test has a different set of concepts and questions the student must answer. The exams test students on their comprehension, knowledge, and analysis on a series of different syllabus like accounting, economics, ethics, money management, and security analysis.

Exams are typically offered every June at different centers around the world. For the latest updates on test dates, candidates should monitor the CFA website. Candidates are required to meet a minimum score to pass each level. Those who don't pass are provided with information compared to others who didn't pass. They are able to take the test again.

Similar to Level I, Level II also contains multiple choice questions. However, the questions are grouped into mini-cases called item sets. Each item set consists of a case statement followed by four or six multiple choice questions. There are a total of 21 item sets—10 in the morning session and 11 in the afternoon session. Candidates are required to use the information provided within each item set in the case statement to answer the questions.

Anyone who wishes to complete the test must have a bachelor's degree or equivalent education and must have passed the CFA Level I exam. Test takers must also have three years' worth of qualifying work experience prior to taking the exam. Candidates are given six hours to complete the exam. The cost to enroll varies annually—as does the passing score—and depends on when they enroll. test results are usually provided to candidates within 60 days.

For the Level I exam, the subject focus is on investment tools, with relatively less focus on asset valuation and portfolio management. For Level II, though, the subject focus shifts more toward asset classes, although the investment tools are still weighted rather high. In terms of learning, the Level II test focuses on the application and analysis of concepts learned in Level I.

The curriculum consists of 10 syllabus that are grouped into four areas:
Ethical and Professional Standards
Investment Tools
Asset Classes
Portfolio Management and Wealth Planning
The following table shows the weightings of these syllabus and broad areas for the Level II exam.

Topic Area Level II
Ethical and Professional Standards (total) 10 Investment Tools (total) 30-60
Corporate Finance 5-15
Economics 5-10
Financial Reporting and Analysis 15-25
Quantitative Methods 5-10
Asset Classes (total) 35-75
Alternative Investments 5-15
Derivatives 5-15
Equity Investments 20-30
Fixed Income 5-15
Portfolio Management and Wealth Planning (total) 5-15
Total 100

Ethics and Professional Standards
This section covers the code of ethics, professional standards and the global investment performance standards. Ethics is one section that is equally important in all of the three levels. The questions will be aimed at the application of the seven standards in professional situations. Other important syllabus are the soft dollars and Research Objectivity Standards (ROS).

Quantitative Methods
You can expect about one to two item sets from the quantitative section. The case statement will most likely present data regression, and ask you to analyze and interpret the data. You may even be asked to calculate some key metrics based on the data provided.

Economics
Similar to the subject above, economics is also a small section in Level II. You can expect one item set for this topic. You need to have a good conceptual knowledge of economics, as many of these concepts can be tested along with other topics. One important concept is foreign exchange, and you are likely to be tested on the application of its concepts.

Financial Reporting and Analysis
Financial reporting and analysis represent a large portion of the exam. You can expect about four to five item sets from this section. The important concepts are accounting for inventories, accounting for long-lived assets, accounting for leases, inter-corporate investments, accounting for acquisitions, variable interest entities (VIEs), and financial reporting quality.

You are more likely to be asked item set questions based on a combination of these concepts. You need to learn the processes and principles and practice their application thoroughly. Understanding the nuances and differences in IFRS and U.S. GAAP is critical.

Corporate Finance
Corporate finance is an important but easy-to-handle subject. The concepts in corporate finance are linked with the financial reporting and equity sections. So, the questions may be combined with material from the other sections. The key concepts include capital budgeting, capital structure, dividend and repurchase policy issues, corporate governance, and mergers and acquisitions.

Portfolio Management
You can expect one or two item set questions from portfolio management. The material in this section is huge, and it may be wise to keep this section for the end. Remember that the portfolio management material will get deeper in the Level III exam, so it's a good idea to have a general understanding of concepts here. You will be tested on portfolio theory, market efficiency, and asset pricing concepts.

Equity Investments
Equities is an important section for financial analysts and you can expect about four to five item set questions from equities. There is a lot of material on equity analysis and valuation methods. Note that the equity section is heavy on formulas and you may be asked to perform formula-based calculations and interpretations.

Fixed Income
Fixed income is a small, yet important part of the test that is quite similar to the corporate finance section. Given the accurate financial crisis, this section has become even more important. You can expect one or two item sets on this topic. Like equity investments, fixed income is also heavy on formulas and some of the concepts are quite complex. Key concepts include credit analysis, term structure, bonds, mortgage-backed securities (MBSs), and their valuation.

Derivatives
This is a more challenging section and you can expect at least two item set questions from derivatives. The material covers futures and forwards, options, and swaps. Within derivatives, you should be familiar with currency forwards, interest rate futures and forward rate agreements. In options, you need to understand the options strategies and the models for pricing option contracts. In swaps, you should be able to interpret a swap transaction and figure out the cash flows to the parties involved.

Alternative Investments
This section covers asset classes other than equity and fixed income. The three asset classes, which are a part of the CFA curriculum, are real estate, hedge funds, and private equity. There will be one or two item sets questions from this section. This is a relatively easy section and can help you get that additional score without getting into complex stuff.



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Financial II Real test Questions

Hero Glamour BS6 evaluate: questions on mileage, gearbox, reliability answered | CFA-Level-II Questions and Answers and boot camp

when they first rode the Hero Glamour in its BS6 form, they did it amid rising COVID instances. cut to basically a yr later and their 2nd stint with the motorbike is amid somewhat freed-up environs. all the way through this time body, on one in every of their outdated videos (Hero ardour seasoned BS6), they had been requested many questions about the lengthy-time period reliability of the engine, gearbox, etc. it is spectacular that people this present day are inclined to carry so many questions a couple of Hero MotoCorp product greater than that of its friends. possibly, this has received to do anything with the split from Honda that happened a decade in the past. So, as a substitute of taking the usual route of telling you concerning the product correct from its design to different points, we've determined to handle these questions head-on. These questions had been raised through you – viewers. Do tell us in case you like this format of stories.

Gearbox concerns: The Hero Glamour BS6 comes with a 5-speed gearbox, something it's increasingly turn into commonplace in this segment. It’s arch-rival, Honda SP125, also offers it. whereas the seize, in addition to gearbox combination, is rather clean, americans were complaining that the latter sticks. throughout their time with the bike, they didn’t face this type of considerations however one element stood out. The gearbox doesn’t like to be hurried and sometimes may mistime a cog. They accept as true with that shoppers who buy the Glamour will not be pseudo-racers or are trying to be one both. In ordinary usage, there isn’t an issue.

Engine reliability: while it is not the optimal in terms of rideability, proper velocity or even NVH, the Hero Glamour BS6′ engine reliability is anything most effective a three-four yr lengthy-time period verify will prove. right through their time with the bike, it didn’t overheat, leak oil or the rest of that type. mechanically it isn’t chuffed doing speeds above 70kmph however otherwise, there aren’t any considerations. Mileage-sensible, it gave 74kmpl on the dual carriageway and this with two-up driving.

Vibrations: For this shoot, they had affixed a GoPro on the windscreen. After riding the bike at 40kmph for under a kilometre, the GoPro mount shifted its place. This was due to the vibrations. Subsequent runs yielded the identical outcomes leading us to discard the GoPro photographs. while these (vibrations) cannot be felt via the rider at slow speeds, they turn into a bit popular (now not disconcerting or intrusive to the using experience) after 70kmph. These are manifested throughout the handlebar, gasoline tank and a bit from the footpegs as neatly.

comfort: The seat isn't best vast but additionally relaxed. The footpegs as well as handlebars are placed in a commuter trend. youngsters, plonk in a pillion and you may recognise that the Glamour is stiffly sprung. The 180mm floor clearance is good and should not pose an issue over speedbreakers but the trip best doesn’t soften. dealing with the bike in site visitors is rather convenient given the low 122kg kerb weight as smartly because the large mirrors on offer. The rider can also simply grip the tank, regardless of whether they are tall or no longer.

technology: Many complained that the i3S technology doesn’t seem to work because it may still. well, ultimate yr as well as this combined, they now have had only one illustration wherein the i3S didn’t restart the engine. in order that’s only 1 occasion in nearly one month of getting the bike with us. They also deserve to take into account that the i3S requires power to birth the engine. If its running low, the engine will have to be started with the help of the kick or electric powered starter. AutoSail, they think is gimmicky. It has no actual-world utility as to who of their appropriate experience of mind will no longer provide throttle or use the take hold of in traffic situations. perhaps those who speak on the phone while using? neatly, they condone these movements and promote the usage of a helmet on the head securely strapped while driving a motorbike. however, take the bike out on a secluded place and you may comprehend that AutoSail works as good as advertised. They tried!

provider centre: whereas we've had the opportunity to adventure a Hero provider centre as soon as, it is apparent that due to the volumes of bikes and scooters that are available for an aftersales work, the personnel might be unable to commit their full attention. things like resetting the service indicator or adjusting the mirrors or even a proper wash every now and then appear to elude Hero bike homeowners. possibly, the world’s greatest bike maker may still additionally pay consideration to the aftersales part. Diagnosing a problem may even be a controversy as pointed out by means of many viewers, even though they for my part haven’t needed to utilise the provider centre personnel’s potential on this.There you have it. The solutions to your entire questions. Hero is offering extra cost to shoppers with the introduction of the Blaze version that brings in a cell phone charging aspect. they can say, go for the variant with a disc brake as the security quotient is more suitable with this. although, if you ask us one standout feature of the Glamour, then it will must be the aforementioned gasoline economy. other parameters, automobiles just like the SP125, Bajaj Pulsar a hundred twenty five will really be ahead of the Glamour in different fields.

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