Does anybody know what are the weights assign for each topic?? e.g. Economics 10%, FSA, Derivatives, … In 1st level I remember they were published, should I assume those weights are the same??? Thanks
go to CFAI page, they are listed there.
Ethics – 10% Quant – 5-10% Economics – 5-10% Corp Fin – 5-15% FSA – 15-25% Equity – 20-30% FI – 5-15% Derivatives – 5-15% Alt. Inv. – 5-15% Portf. Mgmt. – 5-15% But there is a lot of overlap – they can ask quant questions in PM/Equity, Economics questions in PM/Equity, FSA questions in Equity, Corp Fin. questions in PM/Equity, etc…
I dont like how Corp Fin, Fixed Income, Deriv, and Alt Inv are 5-15%. I wish they would clearly label as 5 - 10 or 10 - 15% . . . you really can’t afford to blow any topic on this exam . . .
I am almost thru FI, and so far I have actually enjoyed it. It seems more intuitive and qualitative than L1. I feel like I understand it, which is always very scary.
So much of Portfolio Management for 5-15% is a shame to CFAI in real terms discounted at real WACC-(on the arse).
Thanks for response, yes it looks like 5-15 is a wide range Good luck
FSA – 15-25% this is where you can bring up your chances…FSA is not a lot of material yet it can be a quarter of the exam. its only 180 pages in schweser…get after this section and nail it
From the minimum weights you know what 80% of the exam will be. So the question is what will make up the last 20%. My guess is that it will be unlikely that any one section will have an extra 10% more probably there will be a couple of Econ and Quant questions in other sections with the remaining four item sets going to the last seven topics.
If I am CFAI, I would make an exam that has a very even coverage of the topics. This way if people are cutting corners on review of some sections, they would get penalized. 
If you do great on Equity, FSA, Corporate Finance, Ethics and just ok on all other sections I think you will have a very safe chance of passing. Combined they will be 50-70% of the exam. Focus on those sections.