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CFA Level II Guide

Free CFA Level II Study Materials & Practice Offers

Preparing for CFA Level II does not require spending thousands on supplemental prep. From official case vignettes included with your CFAI registration to verified 7-day trials and free valuation formula sheets, here is our master directory of legitimate free Level II resources.

Direct Summary: What Are the Best Free CFA Level 2 Study Materials?

The best free CFA Level 2 study materials include the official CFA Institute digital curriculum with hundreds of End-of-Reading vignette questions (EOCQs), the official Standards of Practice Handbook for Ethics, 7-day trial passes from providers like Kaplan Schweser and UWorld, downloadable valuation formula cheat sheets, and YouTube video playlists.

Verified Free Resources for Level II Candidates

Before purchasing expensive third-party packages, maximize these verified free tools:

Resource NameProviderFormatKey ContentAccess Terms
Official EOCQ VignettesCFA InstituteDigital CurriculumAuthentic exam-style case vignettes and solutionsIncluded with registration
Standards of Practice HandbookCFA InstitutePDF Download200+ case examples covering Soft Dollars, Research, Trading100% Free Public PDF
Kaplan 7-Day Free TrialKaplan SchweserOnline PlatformSchweserNotes preview, video lessons, QBank sampleFree Account (No CC)
UWorld 7-Day QBank PassUWorld CFAOnline Web + AppHigh-yield vignette questions with visual diagramsFree Account (No CC)
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Supplementing your free study materials with a top-rated commercial course can save over 120 hours and give you the confidence needed to pass Level II. Take our 60-second quiz to find your match.

CFA Level II FAQs

Yes. Your CFAI registration fee already includes the official digital curriculum, thousands of practice questions in the Learning Ecosystem, and official mock exams. However, because Level II requires deep multi-step valuation skills, many candidates supplement with free provider trials and YouTube walkthroughs to master binomial trees and pension accounting.

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