ISM Institute of Stock Market Delhi

Elevate Your Finance Skills
CFA Level 2 Course

Advanced finance exam covering valuation, financial reporting, ethics, and portfolio management, crucial for investment professionals seeking deeper understanding and accreditation.

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Course Overview

CFA Level 2 builds on the foundational knowledge gained in Level 1 of the Chartered Financial Analyst (CFA) curriculum. In this stage of the program, students delve further into the nuances of financial analysis and investment management while focusing on putting the principles they learned in Level 1 to use.

This course covers a wide range of topics that are essential for investing professionals, including fixed income securities, equity investments, derivatives, portfolio management, and alternative investments. By going deeper into each subject, candidates can have a comprehensive understanding of the ideas and practices associated with managing investment portfolios.

Equity analysis is one of the main topics covered in CFA Level 2, where candidates acquire sophisticated methods for determining a stock's value and potential as an investment. Additionally, they explore fixed income instruments, delving into the complexities of interest rate risk management, yield measurements, and bond pricing.

CFA Level 2 In-detail curriculum

Ethics and Professional Standards

- Application of ethical principles in investment practice
- Ethical issues in the investment industry
- Standards of professional conduct

Equity Investments

- Advanced equity analysis techniques
- Valuation methods for individual stocks
- Equity markets and instruments

Fixed Income Securities

- Bond pricing and valuation methods
- Yield measures and term structure of interest rates
- Interest rate risk management


- Types of derivatives and their uses
- Valuation and pricing models
- Strategies for managing risk with derivatives

Alternative Investments

- Characteristics and valuation of alternative assets
- Hedge funds, private equity, and real estate
- Commodities, infrastructure, and other alternatives

Portfolio Management

- Asset allocation and portfolio construction
- Risk management techniques
- Performance evaluation and attribution


Familiarize yourself with the Chartered Financial Analyst (CFA) designation, which is a globally recognized certification for finance and investment professionals.

CFA Level 2 Course Fee & Timings (Fee: ₹40,000)

At ISM, the cost of the CFA Level 2 course is ₹40,000. All course materials, including practice tests, textbooks, and internet resources, are included in this cost. Weekday and weekend classes are offered at varied times to fit in with students' schedules. For individuals who might find it more comfortable to pay in installments, ISM also provides installment payment options. With knowledgeable teachers, extensive study materials, and accommodating schedules, ISM strives to provide prospective candidates all the tools they need to be successful in their CFA Level 2 endeavours.

Placement Partners

We collaborate with industry-leading organizations to provide exceptional placement opportunities for our students.


The CFA Level 2 exam consists of item set questions, where each set contains a vignette followed by six multiple-choice questions.

The passing score for CFA Level 2 is not predetermined. It's based on the relative performance of candidates and set by the CFA Institute each year.

You can take the CFA Level 2 exam as many times as needed until you pass. However, you need to wait until the next exam cycle to retake it.

Yes, you are allowed to use a specific type of calculator, usually the Texas Instruments BA II Plus or BA II Plus Professional, during the CFA Level 2 exam.

The CFA Level 2 exam consists of two sessions, morning and afternoon, each lasting 2 hours and 15 minutes, with a 30-minute break in between.

It's recommended to thoroughly study the curriculum provided by the CFA Institute, practice with mock exams and questions, and review key concepts regularly to ensure success in the Level 2 exam.