Built for the item-set exam
Level II is a case-based exam. Each question sits inside a vignette, so knowing a formula is not enough: you have to find the right numbers in the case, apply the method and avoid the traps. The course is built around that.
- Item-set practice in every subject. Vignette-style questions with worked answers, chapter by chapter.
- Valuation-heavy labs. Dividend discount models, free cash flow (FCFF and FCFE), residual income, price and enterprise-value multiples and private company valuation, worked through with Indian company examples.
- Full live mocks with rank. Exam-mode mocks in two sessions, with chapter-wise analysis of what to revise.
- Taught by a charterholder. Nikhil Gupta teaches Level II himself, in Hinglish, with the exam’s English terms.
The Level II exam at a glance
Source: CFA Institute, Level II exam page.
What you study
| Topic | Exam weight |
|---|---|
| Ethical and Professional Standards | 10–15% |
| Quantitative Methods | 5–10% |
| Economics | 5–10% |
| Financial Statement Analysis | 10–15% |
| Corporate Finance | 5–10% |
| Equities | 10–15% |
| Fixed Income | 10–15% |
| Derivatives and Risk Management | 5–10% |
| Alternative Investments | 5–10% |
| Portfolio Construction | 10–15% |
Exam weights as published by CFA Institute for the Level II exam; check cfainstitute.org for the latest.
How classes work
You study inside your Poonji Vidhya account. Each subject is organised reading by reading: a lecture, a lab and notes. Live classes open in the dashboard and recordings appear afterwards. Doubts can be raised with screenshots and are answered by your mentor. Successful candidates report more than 300 hours of study per level, and our plan is built around that.
Your mentor
CFA charterholder who cleared all three levels in one attempt, with about 8 years in finance. Founder and lead mentor of Poonji Vidhya, Jaipur. Full profile · LinkedIn
Questions
Do I need to clear Level I first?
Yes. CFA Institute requires you to pass Level I before you can take Level II.
How is the CFA Level II exam structured?
22 item sets with 88 multiple-choice questions, split into two equal sessions of 2 hours 12 minutes, according to CFA Institute. 20 item sets are scored and 2 are trial sets.
How is Level II different from Level I?
Level I tests whether you know concepts and formulas. Level II tests whether you can apply them to a case: each question sits inside a vignette, and valuation topics carry more depth.
Is the course in Hindi?
It is taught in Hinglish, with every key term in English as used in the exam.
Can I study from anywhere in India?
Yes. Classes, labs, notes and mocks are all online, on phone and computer.
What are the fees?
Fees depend on the plan (self-paced or live + self-paced). Book a free counselling call, or create a free account to see the plans.
Talk to us before you decide
Leave your number and we'll call you to suggest the right course and plan. Or visit us at Second Floor, Amber Tower, O-30, Sansar Chandra Road, Pink City, Jaipur 302001 · +91 78510 03243 · WhatsApp