r/CFA • • 17d ago

Megathread Official Sept 2026 Level 2 Results Megathread

33 Upvotes

From all of us here at r/CFA, best of luck! Check for your results here after 9am EST:

https://examresult.cfainstitute.org/cfa

As is tradition, we'll be removing all other related posts (I passed, I failed, How close was I?) because this is the designated place to celebrate or commiserate.


r/CFA • • 2d ago

Career Questions Thursday - Your Weekly CFA Career Discussion Thread

3 Upvotes

Hello, CFA candidates and Charterholders!

We're excited to introduce "Career Questions Thursday" to the CFA subreddit. This weekly thread is dedicated to providing a space for you to discuss all your career-related inquiries and concerns. Whether you're a CFA Level I candidate contemplating your career options or a seasoned CFA Charterholder looking for advice on your next move, this is the place to be!

Why We're Doing This:

We understand that many members of our community have questions and seek advice about their careers in finance, investment management, and related fields. To keep our subreddit focused on CFA exam content and discussions, we'll be implementing a policy to remove individual career-related posts and direct users to these designated weekly threads.

How It Works:

  1. Ask Your Career Questions: Simply post your career-related questions, concerns, or experiences in the comments below. Whether it's about job opportunities, networking, salary negotiations, or career transitions, our community is here to help.

  2. Share Your Insights: If you have valuable insights, experiences, or advice to offer, please share them in response to others' questions. Your knowledge and expertise can make a real difference in someone's career journey.

  3. Follow the Rules: Please adhere to the subreddit's rules and guidelines when participating in this thread. Be respectful and considerate of others, and refrain from sharing personal information.

A Note on Career Posts:

Starting from today, we will be removing individual career-related posts and kindly redirecting users to these weekly "Career Questions Thursday" threads. This change is intended to keep our subreddit organized and focused on CFA-related topics, while still providing a valuable platform for career discussions.

We hope this new initiative will create a supportive and informative space for all of you seeking career advice within the CFA community. Remember, your fellow members are here to help, so don't hesitate to ask or contribute!


r/CFA • • 20h ago

General The CFA has genuinely leveled up my game at work

180 Upvotes

Honestly one of the coolest parts of the CFA so far has been realizing that all these weird symbols and concepts that used to look intimidating are actually things people use and talk about in the real world.

Like a year ago if I saw Σ, I'd just think "great, another math symbol." Now I immediately know it's just summing a bunch of values. Same with Π for multiplying a series of things together. Δ for change. Stuff that seemed super abstract at first is becoming second nature.

What's even cooler is I'm starting to hear these concepts in meetings. I'll be on a market outlook call or talking with advisors and someone mentions delta, expected returns, risk factors, etc., and I actually know what they're talking about. Not because I'm an expert, but because the CFA curriculum has exposed me to so much of this stuff.

It's kind of a weird feeling when something you're grinding through at night suddenly pops up at work and you catch yourself thinking, "wait, I actually know this."

The knowledge feels way more practical than I expected going in. Anyone else have those moments where something from the curriculum randomly shows up in a meeting and finally clicks?


r/CFA • • 2h ago

Level 2 Expected question wise weightage per topic

Post image
3 Upvotes

So, by averaging the questions topic wise, I got these results.

These are from the mocks.

Ignore the decimals.. obviously.

But as u can see, for example , corporate issuers, I can see that there are mostly 1 vignette per mock or rarely 2.

If we assume in the exam, there's 1 vignette only for corporate issuers ( btw in the exam, there's definitely going to be one topic having 1 vignette)

Then there's a high change that those 4 questions will decide how much I get in this topic.

So even if I miss 1 or 2 questions of that vignette, I'm freaking screwed?!

There's a high chance that my score in that subject becomes 50 percentile. (I know about the method CFA uses. But just saying these by probabilities, that's all)

Doesn't that mean these low weightage topics shouldn't be considered as low weightage and instead given more importance 😭.

I am saying this because mostly the people who have passed, their results show that around 7 to 8 of the topics are above the 70 percentile.

Ur opinion?


r/CFA • • 13m ago

Level 1 Ethics

• Upvotes

I didn’t solve Ecosystem for ethics because it’s too long, does the premium enough? And please if there is a prep provider that provide great questions in ethics to practice, let me know


r/CFA • • 4h ago

General Questions before CFA L1 exam

2 Upvotes

Do I need to take the entire half an hour break or can I take the break for only a couple of minutes (say 10-15mins) annd then start PM session.

How many working sheets (rough sheets) are provided


r/CFA • • 1h ago

General Anyone else in Toronto Sitting Level 2 November 2026?

• Upvotes

Looking for fellow CFA test takers in my city - anyone interested in motivating each other and practicing questions for the last stretch?


r/CFA • • 1h ago

Level 1 Unsure how to solve IRR question with calculator

• Upvotes

I'm working on IRR calculations using the CF and IRR functions, but I'm unsure if this question can be solved with a calculator due to the 2.5 year. Would this show up on the CFA Level 1 exam?

Assume that Gerhardt Corporation is considering a capital investment of €50 million today with the following estimated cash flow schedule over the next five years (all amounts in millions of euros).

t 0 1 2 2.5 3 4 5
Cash flow –50 0 1 3 16 20 25

What is the IRR of this investment, and should Gerhardt make the investment if its required rate of return is 10%?


r/CFA • • 2h ago

Study Prep / Materials CFA L1 Study Group NYC (February 27)

1 Upvotes

Working through L1 material and figured there were others in NYC in the same boat. Was thinking to get a group together for silent study sessions focusing on a given section for each meeting with a discussion at the end to talk though progress, challenging concepts, etc.

My style is typically more lone wolf, so I've found this balance useful but could adapt to other styles or structure that may be more interactive (partnered flash cards/mock questions). DMs are open, please drop a comment if interested as well.


r/CFA • • 3h ago

Level 2 Study Partner

1 Upvotes

Hi all. I’m currently preparing full time and attempting for my level 2 exam on the 19th of November and I’ve covered most of the portions already. I’m planning on spending the rest of the time drilling questions and mocks, revising and completing the remaining syllabus over this month.

I’m finding it hard to focus long hours. So if anyone’s in the same boat, I thought It would be really helpful if we could connect regularly to track progress and help each other out here. Also happy to take any tips on how to sit long hours and build my focus!


r/CFA • • 9h ago

Level 1 Need Guidance!

3 Upvotes

I am appearing for CFA level 1 in May 2027 and till now I have completed Economics, Corp. Finance and half Qants and starting with FSA. Honestly the whole routine feels very tiresome - I study from video lectures, then skim read Kaplan Schweser, read CFA curriculum and then solve EOC questions and study platform questions. I need guidance with whether I should refer to curriculum as well? As it is very lenghty and time consuming but gives clarity though. I am a working professional and bit short on time, so people who cracked it ! I would appreciate your help.

Thank You.


r/CFA • • 7h ago

Level 1 Cfa level one in feb 27

2 Upvotes

My study strategy includes doing about 20 readings in a-month (total being 102 readings ) so i planned to finish the total syllabus in 5 months

I started preparing about 2 months ago on august 7th.

So far i have completed 41 modules out of 102 ( so i am few readings behind)

What i currently do is watch the lecture for the relevant reading , create revision notes using chatgpt and put them in excel and write down ratios on excel. I then read the schewesr book for that reading , and then last practice the eoc from the official curriculum for that reading.

Once done with this , i plan to do the 1000 questions and the mock exam from the cfa institute, and then any extra questions i may purchase from them additionally . So 5 months for syllabus and then just over a-month for additional practice questions

Is this method okay ?


r/CFA • • 3h ago

General approx how much time do u have after the exam to finish the PSM?

1 Upvotes

super packed rn and i want to do the psm the right way, so ig it'll take a fairly large chunk of time. my exam is 11th nov, the exam period ends on 17th nov as far as i remember, so what im curious about is when do they release the results and until when i can finish my psm


r/CFA • • 7h ago

Level 1 Strategy Needed!

2 Upvotes

I am about to complete my L1 syllabus by 20th October, I have my exam on 17th November. What should be the revision strategy for the remaining time ? Given I haven’t solved any questions be it LES etc. Only completed lectures from the prep provider. Is this much time enough for revision?


r/CFA • • 5h ago

Level 1 Wheres everyone getting all these mocks from?

1 Upvotes

sitting L1 in a month, I see loads of posts about do as many mocks as possible, like pushing 10. But where are all these mocks? I see 2 on CFAI and thats it... Ive got a Uworld subscription, but cant find any mocks on it so assume I dont get any. Do you actually have to pay $50 a pop for every extra mock?


r/CFA • • 9h ago

Level 1 Mac duration

Post image
2 Upvotes

Here I don’t get it why it’s -ve price risk because mac duration> 4(investment horizon) therefore 5.86-4 is +ve, can someone pls explain how should I think about this


r/CFA • • 9h ago

Level 2 Considering deffering nov L2 exam.

2 Upvotes

Started studying a bit late as there were too many things going on in my life and kind of underestimated Level 2.
So I am still left reading alt inv, portfolio management and ethics.
And about other subjects i havent got the chance to be thorough and havent practiced the vignettes that much.
If i need to be thorough i need to atleast revise all the topics again and solve all the practice questions in the official LES.
Should i defer or go for it?


r/CFA • • 5h ago

General Doubt Regarding Registeration (Expected graduation month and year )

1 Upvotes

I have recently cleared my cfa l1 in aug and I plan to give l2 in aug 2027

I am unsure whether while registering I wrote the correct Expected graduation month or year

What should I do now ?

Should I call or mail them ?

What happens if there was truly a typo in my graduation details ?

Will they void my results ?


r/CFA • • 6h ago

Level 3 Yield Curve Strategies - Portfolio Management Pathway

1 Upvotes

Im pretty weak on Fixed Income from L2, and finding this chapter quite challenging. Anyone have any tips on understanding the concepts? Considering if I should go back over L1 stuff


r/CFA • • 6h ago

Level 1 CFA Level 1 practice questions

1 Upvotes

I have 1 month left to the November exam. I've been scoring around 75%. Is that enough to pass? Everyone I know has been scoring more than 90%.


r/CFA • • 15h ago

General Feeling lost after passing L1 as a senior in college

5 Upvotes

This sub helped me a lot stay motivated for the last stretch of studying after I bombed my mocks and managed to pass L1 in August so here I am again seeking advice and maybe a little comfort from my fellow CFA hopefuls and current charter holders.

For context, I’m a senior at target school. First-gen, always been about middle of the pack. Never stellar, and grades are decent. Did summer internships in markets and asset management, decent firms, as I always leaned more towards macro and credit. But, a series of misfortunes and a lot of naivety on my part led me to rerecruit every year and miss important pipelines.

Now, I’m recruiting once again for full-time and the landscape is now worse than ever. My plan was hopefully secure something and then get to studying L2 for next August.

But I’m barely even getting screeners and Round 1s, let alone progressing in interviews. Got a single superday, failed that too. I know some of you will say “skill diff.” And yeah, it is. And it’s getting to me pretty badly this semester as I’m taking my full course load, working part time, recruiting and getting immense pressure from my parents who just want me to be a doctor because they view it as the slowest to be “automated.” There’s also this immense social pressure and shame too not having a job yet at my school in particular being a popular target school as everyone mostly has an offer in IB or consulting.

I just want to know things will get better. I really thought things might start to trend upwards once I passed, but it really only got worse. Maybe also some grounding advice on how to keep moving forward. Thanks.


r/CFA • • 7h ago

Level 3 Are level 3 PSM worth doing ?

1 Upvotes

For all CFA/level 3, do you recommend doing all the extra PSM after the exam ? Are they worth it or is it some borring stuff I should only complete one of them ?


r/CFA • • 7h ago

Study Prep / Materials Ethics Q Lvl 2

1 Upvotes

My rationale is that he'd also be required to provide disclosure of CEO relationship to the clients as well (not just employer), given that he has them invested in company 1..

Only thing I could come up with for why disclosure to clients not being required is that potentially disclosure to clients effectively makes him come off as less trustworthy/independent, therefore violating independence/objectivity??

Or maybe just overthinking and disclosure to client is just not required.


r/CFA • • 13h ago

Level 1 is mock scores around 130 to 135 safe

3 Upvotes

m feeling very tensed abt my scores as it s only one month for my attempt now, can anyone tell what is good passing score estimate in premium prac mocks


r/CFA • • 8h ago

Level 2 CFA Level II – Is 2 weeks enough for practice?

1 Upvotes

My exam is on 3rd week of November, and I expect to finish the curriculum by the last week of October at the latest. This would leave me around 2–3 weeks for practice questions, mock exams, and revision.

My plan is to prioritize CFA Institute EOC questions, the Kaplan Schweser QBank, and CFA Institute mock exams for practice.

For those who have cleared Level II, realistically, would this be enough practice given the time I have? Any advice or suggestions would be appreciated!