CFA LEVEL 2

CFA® Level II Exam Prep Study Packages

Prepare to Pass the 2025 CFA Level II Exam with a Step-by-Step Study Solution

Choose your ideal study package below.

Looking for an all-in-one exam prep package to study for the CFA®Level II exam? Level II of the CFA® exam tests application and analysis with a focus on asset valuation and how you apply standards to situations that analysts face. Simply memorizing concepts is not enough to pass Level II…you need to demonstrate the application of tools and understand the relationships between financial data and the valuation of assets. Level II is commonly considered the hardest level to pass with a historical pass rate of 46%

Schweser’s premier CFA Level II exam prep study packages include guidance from CFA experts in online Masterclasses and the candidate-favorite SchweserNotes. You also get exclusive access to our Kaplan Schweser Community forum with added insights from instructors and fellow candidates. 

2025 CFA® Level II Exam Study Packages

Package
Ultimate Package for the CFA Level II Exam
$1,499.00
All the classes, study tools, and review materials Kaplan has to offer for the CFA Level II Exam.

If you’re committed to passing the 2025 CFA Level II exam, this is the study program for you. This comprehensive CFA Level II study package includes all our exam prep materials, along with your choice of Live Online or OnDemand options for your Masterclass and Review Workshop. Ask questions and engage with expert instructors in a live classroom environment or attend OnDemand whenever you like.  

What's Included:

  • Core study tools to help you learn the material, practice exam-like questions, and assess how you perform.
  • Instruction tools, including your choice of Live Online or OnDemand Masterclasses that leverage expert instructors to teach the CFA Program curriculum through engaging lectures and exam-based applications.
  • Review products, including your choice of Live Online or OnDemand workshops, that reinforce knowledge, allow you to practice with experts, and help you work on exam strategy.
  • Community forum to get accurate answers and engage in meaningful discussions with experts and other CFA candidates.
  • Schweser's PassProtection

*Please note, all components may not be available at time of purchase. For more information, see product availability.

Study Package Highlights

Masterclass (Live Online or OnDemand)

Instructor-led classes that ensure you have a strong grasp on each exam topic

SchweserNotes™

5-volume set of clear, concise CFA study notes

Kaplan Schweser Community

Exclusive community forum with expert instructors and fellow candidates

CFA Review Workshop (Live Online or OnDemand)

25+ hours of expert-led review in the final phase of your prep

6 CFA Mock Exams

Full-length mock exams that simulate the difficulty, interface, and format of the actual CFA exam.

Didn’t pass the exam? Your next study package is on us, free of charge. Terms and conditions apply.

More About the Product

PassProtection™ Guarantee
Schweser's PassProtection™

Didn’t pass the exam? Your next study package is on us, free of charge. Terms and conditions apply.

Study Notes
SchweserNotes™

This 5-volume set of clear, concise CFA study notes provides a more focused and efficient exam prep experience. Covering every exam topic in the CFA curriculum, SchweserNotes™ includes realistic examples and practice quizzes to help you retain vital information.

SchweserNotes™ Audio

The audio version of SchweserNotes™ helps reinforce your understanding of the CFA Program curriculum while you are on a commute, at home, or in the gym.

Instruction
Masterclass (Live Online or OnDemand)

After you’ve finished your learning assignments for a specific topic of the curriculum, your Masterclass ensures you have a strong grasp on the topic. Led by Schweser’s expert instructors, you get 30+ hours of online instruction that reinforces your studies and ensures you’re ready to move on to the next topic. This package includes a two-volume set of Masterclass Workbooks containing content, examples, and practice equations to guide you through the lectures and serve as a reference during review.

CFA Institute Question Review Videos

10+ hours of in-depth CFA videos walk you through the end-of-reading questions from the CFA Institute Program curriculum. You’ll get expert advice and strategies from CFA instructors as they guide you through the questions.

Module Videos

Reference these 50+ hours of recorded videos as you are reading through your SchweserNotes™ books to reinforce your understanding of the material.

Exams and Quizzes
SchweserPro™ QBank

The Level II SchweserPro™ QBank prepares you for the CFA exam with 2,400+ foundational and exam-like questions, custom quizzes, tutorial videos with detailed answer explanations, and performance metrics to pinpoint strengths and weaknesses.

CFA Mock Exams

Includes 6 mock exams. These full-length mock exams simulate the interface, format, and difficulty of the actual CFA exam.

Checkpoint Exams 

Three Checkpoint Exams with questions that mimic the difficulty and format of the actual CFA exam.

Performance Tracker

Gauge your mastery of each exam topic by comparing your scores with fellow CFA® candidates.

Review
CFA Review Workshop (Live Online or OnDemand)

Our CFA Review Workshop sessions include 25+ hours of expert instruction and review available Live Online or OnDemand. You receive a thorough review of key topics, practice questions, and problem-solving techniques, as well as exam tips and strategies. Note, Kaplan uses Zoom for Live Online events. Click here for instructions on how to create and set up your Zoom account.

CFA Live Online Item Set Workshop

The Level II CFA® exam is considered by many to be the hardest of the three levels. This is because the item sets require a more complex approach than multiple-choice questions. During this 1-day workshop, an expert instructor helps candidates apply the critical concepts to complete the item sets in a timely and efficient manner.

    Schweser's Secret Sauce®

    Take this compact book anywhere you go, printed, online, or eBook, for a concise review of the CFA® Program curriculum. Schweser's Secret Sauce® provides insights and exam tips on how to effectively prepare and apply your knowledge on exam day.

    Study Tools
    Activity Feed

    Take the guesswork out of your study plan with strategically placed weekly tasks.

    QuickSheet

    This compact study tool summarizes key formulas, definitions, and concepts.

    Kaplan Schweser Community

    Access our community forum to engage with our experts and other CFA candidates, post questions, find answers, and engage in meaningful discussions throughout your studies.

    Flashcards

    Test your knowledge of key concepts and retain vital information with this portable study tool. You’ll also receive an online version for review anywhere your mobile device goes.

    InstructorLink

    Ask questions, and receive answers from an instructor at any time.

     

    SchweserNotes™: Your Essential CFA® Exam Prep

     

    Mock Exams: Replicate the CFA Exam Before It Matters Most

     

    Maximize Your Chances of Success on the CFA®️ Exam with a Study Package from Kaplan Schweser

    Package
    Premium Package for the CFA Level II Exam
    $1,099.00
    The most popular and best valued package featuring instruction from experts and review sessions before the CFA Level II exam.

    This complete 2025 CFA Level II study package features our instructor-led Masterclass and Review Workshop in a convenient OnDemand format. Along with our PassProtection Guarantee, you'll also gain access to a suite of study notes, exams, quizzes, and study tools—everything you need to succeed on exam day. Follow the structured study plan we’ve built for you or personalize a plan that works around your knowledge level and schedule.

    What's Included:

    • Core study tools to help you learn the material, practice exam-like questions, and assess how you perform.
    • Instruction tools and OnDemand Masterclasses that leverage expert instructors to teach the CFA Program curriculum through engaging lectures and exam-based applications.
    • Review products, including OnDemand workshops, that reinforce knowledge, allow you to practice with experts, and help you work on exam strategy.
    • Optional Live Online Masterclasses and a 5-Day Live Online Review Workshop, which can be added to a Premium Package for just $299. This option can be selected in the cart. 
    • Community forum to get accurate answers and engage in meaningful discussions with experts and other CFA candidates.
    • Schweser's PassProtection

    *Please note, all components may not be available at time of purchase. For more information, see product availability.

    Study Package Highlights

    Masterclass (OnDemand)

    Instructor-led classes that ensure you have a strong grasp on each exam topic

    SchweserNotes™

    5-volume set of concise notes, covering each exam topic in CFA curriculum.

    Kaplan Schweser Community

    Exclusive community forum with expert instructors and fellow candidates

    CFA Review Workshop (OnDemand)

    60+ hours of expert-led review in the final phase of your prep

    6 CFA Mock Exams

    6 full-length mock exams that replicate the interface, format, and difficulty of the actual CFA exam

    Didn’t pass the exam? Your next study package is on us, free of charge. Terms and conditions apply.

    More About the Product

    PassProtection™ Guarantee
    Schweser's PassProtection™

    Didn’t pass the exam? Your next study package is on us, free of charge. Terms and conditions apply.

    Study Notes
    SchweserNotes™

    This 5-volume set of clear, concise CFA study notes provides a more focused and efficient exam prep experience. Covering every exam topic in the CFA curriculum, SchweserNotes™ includes realistic examples and practice quizzes to help you retain vital information.

    Instruction
    Masterclass (OnDemand)

    After you’ve finished your learning assignments for a specific topic of the curriculum, your Masterclass ensures you have a strong grasp on the topic. Led by Schweser’s expert instructors, you get 30+ hours of online instruction that reinforces your studies and ensures you’re ready to move on to the next topic. This package includes a two-volume set of Masterclass Workbooks containing content, examples, and practice equations to guide you through the lectures and serve as a reference during review. Available from anywhere with the Kaplan Schweser app.

    *Premium Packages include the option to upgrade to Live Online Masterclasses and a 5-Day Live Online Review Workshop for just $299. This option can be selected in the cart.

    CFA Institute Question Review Videos

    10+ hours of in-depth CFA videos walk you through the end-of-reading questions from the CFA Institute Program curriculum. You’ll get expert advice and strategies from CFA instructors as they guide you through the questions.

    Module Videos

    Reference these 50+ hours of recorded videos as you are reading through your SchweserNotes™ books to reinforce your understanding of the material.

    Exams and Quizzes
    SchweserPro™ QBank

    The Level II SchweserPro™ QBank prepares you for the CFA exam with 2,400+ foundational and exam-like questions, custom quizzes, tutorial videos with detailed answer explanations, and performance metrics to pinpoint strengths and weaknesses.

    CFA Mock Exams

    Includes 6 mock exams. These full-length mock exams simulate the interface, format, and difficulty of the actual CFA exam.

    Checkpoint Exams 

    Three Checkpoint Exams with questions that mimic the difficulty and format of the actual CFA exam.

    Performance Tracker

    Gauge your mastery of each exam topic by comparing your scores with fellow CFA® candidates.

    Review
    CFA Review Workshop (OnDemand)*

    Watch our Review Workshop sessions on your schedule with 25+ hours of expert instruction and review that are all available for OnDemand viewing. You receive thorough review of key topics, practice questions and problem-solving techniques, and exam tips and strategies.

    *Premium Packages include the option to upgrade to a 5-Day Live Online Review Workshop and Live Online Masterclasses for just $299. This option can be selected in the cart.

    Schweser's Secret Sauce®

    Take this compact book anywhere you go, printed, online, or eBook, for a concise review of the CFA® Program curriculum. Schweser's Secret Sauce® provides insights and exam tips on how to effectively prepare and apply your knowledge on exam day.

    Study Tools
    Activity Feed

    Take the guesswork out of your study plan with strategically placed weekly tasks.

    QuickSheet

    This compact study tool summarizes key formulas, definitions, and concepts.

    Kaplan Schweser Community

    Access our community forum to engage with our experts and other CFA candidates, post questions, find answers, and engage in meaningful discussions throughout your studies.

     

    SchweserNotes™: Your Essential CFA® Exam Prep

     

    Mock Exams: Replicate the CFA Exam Before It Matters Most

     

    Maximize Your Chances of Success on the CFA®️ Exam with a Study Package from Kaplan Schweser

    Package
    Essential Package for the CFA Level II Exam
    $799.00
    A streamlined study plan that includes classes and basic online study tools.

    The Essential Package turns your study plan into a guided tour, enhanced by SchweserNotes, topic assessments, module quizzes, the SchweserPro QBank, and 30+ hours of expert Instruction to increase your content retention.

    What's Included:

    • Core online study tools to help you learn the material, practice exam-like questions, and assess how you perform
    • OnDemand Masterclasses that leverage expert instructors to teach the CFA Program curriculum through engaging lectures and exam-based applications
    • Community forum to get accurate answers and engage in meaningful discussions with experts and other CFA candidates
    • Schweser's PassProtection

    *Please note, all components may not be available at time of purchase. For more information, see product availability.

    Study Package Highlights

    OnDemand Masterclass

    Instructor-led classes that ensure you have a strong grasp on each exam topic

    SchweserNotes™

    5-volume set of clear, concise CFA study notes in a convenient digital format

    Kaplan Schweser Community

    Exclusive community forum with expert instructors and fellow candidates

    4 CFA Mock Exams

    Full-length mock exams that replicate the interface, format, and difficulty of the actual CFA exam

    Didn’t pass the exam? Your next study package is on us, free of charge. Terms and conditions apply.

    More About the Product

    PassProtection™ Guarantee
    Schweser's PassProtection™

    Didn’t pass the exam? Your next study package is on us, free of charge. Terms and conditions apply.

    Study Notes
    SchweserNotes™

    This 5-volume set of clear, concise CFA study notes provides a more focused and efficient exam prep experience. Covering every exam topic in the CFA curriculum, SchweserNotes™ includes realistic examples and practice quizzes to help you retain vital information.

    Instruction
    Masterclass (OnDemand)

    After you’ve finished your learning assignments for a specific topic of the curriculum, your Masterclass ensures you have a strong grasp on the topic. Led by Schweser’s expert instructors, you get 30+ hours of online instruction that reinforces your studies and ensures you’re ready to move on to the next topic. This package includes a two-volume set of Masterclass Workbooks containing content, examples, and practice equations to guide you through the lectures and serve as a reference during review. Available from anywhere with the Kaplan Schweser app.

    *Premium Packages include the option to upgrade to Live Online Masterclasses and a 5-Day Live Online Review Workshop for just $299. This option can be selected in the cart.

    CFA Institute Question Review Videos

    10+ hours of in-depth CFA videos walk you through the end-of-reading questions from the CFA Institute Program curriculum. You’ll get expert advice and strategies from CFA instructors as they guide you through the questions.

    Module Videos

    Reference these 50+ hours of recorded videos as you are reading through your SchweserNotes™ books to reinforce your understanding of the material.

    Exams and Quizzes
    SchweserPro™ QBank

    The Level II SchweserPro™ QBank prepares you for the CFA exam with 2,400+ foundational and exam-like questions, custom quizzes, tutorial videos with detailed answer explanations, and performance metrics to pinpoint strengths and weaknesses.

    CFA Mock Exams

    Includes 4 mock exams. These full-length mock exams simulate the interface, format, and difficulty of the actual CFA exam.

    Checkpoint Exams 

    Three Checkpoint Exams with questions that mimic the difficulty and format of the actual CFA exam.

    Performance Tracker

    Gauge your mastery of each exam topic by comparing your scores with fellow CFA® candidates.

    Study Tools
    Activity Feed

    Take the guesswork out of your study plan with strategically placed weekly tasks.

    QuickSheet

    This compact study tool summarizes key formulas, definitions, and concepts.

    Kaplan Schweser Community

    Access our community forum to engage with our experts and other CFA candidates, post questions, find answers, and engage in meaningful discussions throughout your studies.

     

    SchweserNotes™: Your Essential CFA® Exam Prep

     

    Mock Exams: Replicate the CFA Exam Before It Matters Most

     

    Maximize Your Chances of Success on the CFA®️ Exam with a Study Package from Kaplan Schweser

    Package
    Basic Package for the CFA Level II Exam
    $429.00
    Cost-effective study package with classes and online study tools that complement CFA Institute’s materials.

    Designed to supplement your CFA Institute study materials, this cost-effective CFA package will prepare you for the 2025 or CFA exam with the industry’s best online study materials. And as you proceed through your study plan, Schweser’s expert instructors will reinforce everything you’ve learned in a series of OnDemand video lectures. It also includes our Masterclass and a selection of our most popular study tools, exams, and quizzes, all designed to give you the edge you need to pass on your first attempt. 

    What's Included:

    • Core online study tools to help you learn the material, practice exam-like questions, and assess how you perform
    • OnDemand Masterclasses that leverage expert instructors to teach the CFA Program curriculum through engaging lectures and exam-based applications
    • Community forum to get accurate answers and engage in meaningful discussions with experts and other CFA candidates

    *Please note, all components may not be available at time of purchase. For more information, see product availability.

    Study Package Highlights

    Masterclass OnDemand

    Instructor-led classes that ensure you have a strong grasp on each exam topic

    2 CFA Mock Exams

    Full-length mock exams that replicate the interface, format, and difficulty of the actual CFA exam

    Kaplan Schweser Community

    Exclusive community forum with expert instructors and fellow candidates

    More About the Product

    Instruction
    Masterclass (OnDemand)

    After you’ve finished your learning assignments for a specific topic of the curriculum, your Masterclass ensures you have a strong grasp on the topic. Led by Schweser’s expert instructors, you get 30+ hours of online instruction that reinforces your studies and ensures you’re ready to move on to the next topic. This package includes a two-volume set of Masterclass Workbooks containing content, examples, and practice equations to guide you through the lectures and serve as a reference during review. Available from anywhere with the Kaplan Schweser app.

    *Premium Packages include the option to upgrade to Live Online Masterclasses and a 5-Day Live Online Review Workshop for just $299. This option can be selected in the cart.

    CFA Institute Question Review Videos

    10+ hours of in-depth CFA videos walk you through the end-of-reading questions from the CFA Institute Program curriculum. You’ll get expert advice and strategies from CFA instructors as they guide you through the questions.

    Module Videos

    Reference these 50+ hours of recorded videos as you are reading through your SchweserNotes™ books to reinforce your understanding of the material.

    Exams and Quizzes
    SchweserPro™ QBank

    The Level II SchweserPro™ QBank prepares you for the CFA exam with 2,400+ foundational and exam-like questions, custom quizzes, tutorial videos with detailed answer explanations, and performance metrics to pinpoint strengths and weaknesses.

    CFA Mock Exams

    Includes 2 mock exams. These full-length mock exams simulate the interface, format, and difficulty of the actual CFA exam.

    Checkpoint Exams 

    Three Checkpoint Exams with questions that mimic the difficulty and format of the actual CFA exam.

    Performance Tracker

    Gauge your mastery of each exam topic by comparing your scores with fellow CFA® candidates.

    Study Tools
    Activity Feed

    Take the guesswork out of your study plan with strategically placed weekly tasks.

    QuickSheet

    This compact study tool summarizes key formulas, definitions, and concepts.

    Kaplan Schweser Community

    Access our community forum to engage with our experts and other CFA candidates, post questions, find answers, and engage in meaningful discussions throughout your studies.

     

    SchweserNotes™: Your Essential CFA® Exam Prep

     

    Mock Exams: Replicate the CFA Exam Before It Matters Most

     

    Maximize Your Chances of Success on the CFA®️ Exam with a Study Package from Kaplan Schweser

    Live Online Class & Review Workshops Dates and Schedules 

    Select your exam window to view all available class dates and information.

    May 2025 CFA Level II Exam
    Product Name
    Schedule
    Location
    Instructor
    Masterclass Live Online - New York Time (May 2025)
    December 3, 2024 - March 25, 2025
    Location:
    Online
    Instructor:
    Live Online 5-Day Review Workshop (April 9 - 13, 2025)
    April 9 - 13, 2025
    Location:
    Online
    Instructor:
    Darren Lee
    August 2025 CFA Level II Exam
    Product Name
    Schedule
    Location
    Instructor
    Masterclass Live Online - New York Time (August 2025)
    March 20 - June 26, 2025
    Location:
    Online
    Instructor:
    Live Online 5-Day Review Workshop (August 2025)
    July 16 - 20, 2025
    Location:
    Online
    Instructor:
    Andrew Spieler
    November 2025 CFA Level II Exam
    Product Name
    Schedule
    Location
    Instructor
    Masterclass Live Online - New York Time (November 2025)
    June 17 - September 23, 2025
    Location:
    Online
    Instructor:
    Live Online 5-Day Review Workshop (October 8 - 12, 2025)
    October 8 - 12, 2025
    Location:
    Online
    Instructor:

    Explore Kaplan Schweser’s Individual Study Products

    If you’re looking to pinpoint a specific area of your study, check out our individual CFA prep products. From concise books that break down the curriculum to thousands of realistic practice questions, exam-simulating mock exams and more, we’ve got absolutely everything you need to elevate your exam readiness.

    Browse Individual Study Materials 

    CFA Level II Exam Packages FAQs

    Kaplan uses Zoom for live online events. Click here for instructions on how to create and set up your Zoom account.

    To optimize your classroom experience with Zoom, we recommend you visit the Zoom Download Center and install the Zoom client. We encourage you to also run a system check prior to your first session to ensure the best possible live online classroom experience.

    eBook versions are available for SchweserNotes, Schweser's Secret Sauce®, and QuickSheet. Ultimate and Premium Packages include both print and eBook options at no additional cost. Learn more about our eBooks, accessed through VitalSource®, on our FAQ page.
    There are a lot of opinions out there on what makes a good study plan—simply because what works for one individual does not mean it will work for another.

    We create packages and materials based off of data and insights from the hundreds of thousands of candidates we’ve helped pass the CFA exam over the past 30+ years. The Activity Feed (included in all packages) provides you with strategically placed weekly tasks to form a comprehensive study plan that covers the entire curriculum. We recommend sticking to this plan as closely as possible and using the Performance Metrics to understand which topics you’ve mastered and which need additional practice.

    We also recommend using the month prior to exam day strictly for review. Attend a Review Workshop, read Schweser's Secret Sauce®, and take a mock exam to gauge your readiness.

    The Premium Package is our recommended package. We’ve spent the last 30 years understanding what makes CFA Program candidates successful and improving our offerings to align with those needs. The Premium Package includes our most important tools and it is designed in accordance with how candidates prefer to study.

    No two candidates are alike, which is why we also offer the Ultimate, Premium, Essential, and Basic Packages. The Premium package is designed for candidates who enter the CFA Program without an extensive background in investments or finance and prefer a structured class. The Essential Package is perfect for the candidate that has a strong understanding of the curriculum but needs to learn and/or refresh themselves with the curriculum.

    Need help deciding if a self-study or instruction package is right for you?

    All online tools are available in your account through our Learning Platform. Click the Sign In button on the top right hand corner of this window or click here: Sign In »

    OnDemand classes provide tens of hours of prerecorded video lectures delivered by Schweser's expert instructors. These lectures can be accessed anytime, anywhere, giving you the ultimate flexibility to learn at your own pace.

    Live Online classes combine the convenience of online learning with the structure of scheduled live sessions. These classes are held on specific dates and times and are recorded, allowing you to revisit them later or catch up if you miss a session.

    In-Person classes are available in select locations and offer a traditional classroom experience. They are ideal for those who learn best in a face-to-face learning environment with direct teaching from an expert instructor.

    Access to 2025 online materials expires on the following dates:
    • February 2025 exam products: access expires on March 31, 2025 
    • May 2025 exam products: access expires on June 30, 2025 
    • August 2025 exam products: access expires on September 30, 2025 
    • November 2025 exam products: access expires on December 31, 2025

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