Having read several posts, which centred on what topics to start with for the Level 2 June 2015 CFAI exams, I have decided to share the exam area topic weights (obtained from the CFAI website), and further gone ahead to rank them from the highest to the lowest.
This I believe should give a snapshot insight into where to channel the most energy, and also help ascertain what area of the curriculum to start from- The lowest ranked or the highest.
Without much ado, here we go:
1st-- Equity 15-25%
2nd-- FRA 15- 20%
3rd-- Fixed Income 10-20% (Surprise! Surprise!)
4th-- Ethics 10-15%
5th- Corp Finance; and Derivatives- Both 5-15%
6th- Alternative Investment; Portfolio Management; Quant; and Economics- All 5-10%.
So, there you have it guys! Hope this helps in fashioning out your reading plans.
Fixed income is the most interesting topic this year because they’ve increased the weighting on it, they’ve reworked the chapters, and based on the past few years it hasn’t been significant on the exam. I would know that section inside and out this year …