The Level II CFA exam covers a lot of information and introduces vignette-supported multiple-choice questions. You’ll want to invest in study materials that help you learn the material and develop the application skills you’ll use as a Chartered Financial Analyst. The CFA Curriculum might be able to prepare you for the Level I CFA exam, but for Level II, you’ll need extra support reviewing and applying all of the concepts.

Level II CFA Books Quick Facts

  • Level II CFA books condense key information from the CFA Curriculum into easy-to-digest study guides.
  • The best Level II CFA books offer complete LOS coverage.
  • Wiley CFA books are less expensive than the CFA Curriculum print edition and other CFA prep books.
  • Wiley CFA books come with extra features like a LOS tracker, practice questions and mock exams, expert advice, test-taking tips, explanatory graphs, and more!

Want to increase your chances of passing the Level II CFA exam? Study with the Wiley Level II CFA
Study Guide and review the entire Level II CFA Program 2022 Curriculum in just 1,200 pages of study text.

Best Level II CFA Books 2022

The best Level II CFA books will adequately cover all Learning Outcome Statements (LOSs) and all 10 CFA Program exam topics.

CFA Exam Topic Areas

Level 2 Topic Weight (%)

Ethical & Professional Standards 10-15
Quantitative Methods 5-10
Economics 5-10
Financial Statement Analysis 10-15
Corporate Issuers 5-10
Equity Investments 10-15
Fixed Income 10-15
Derivatives 5-10
Alternative Investments 5-10
Portfolio Management & Wealth Planning 10-15

They will also include practice materials and be organized in a user-friendly and easy-to-understand format.

Learn more about the current CFA Level III topic weights.

The Best Level II CFA Books Offer Complete, In-Depth Coverage

The best Level II CFA books will simplify and condense the Official Level II CFA Curriculum without missing any of the important details. But some alternative CFA books fall flat in that area. Many CFA candidates who prepared with Kaplan Schweser and Schweser Notes failed the Level II exam because the study materials didn’t go into far enough depth.

Read the book reviews about Kaplan Schweser here.

On the other hand, Wiley Level II CFA books are known for thoroughly covering each LOS in a succinct and easy-to-understand format. In fact, Wiley CFA books come with a Learning Outcome Statements tracking feature, so you know when you have mastered all essential subject matter. Wiley also knows that learning and applying concepts is more important than strict memorization for the Level II exam, so that is reflected in our study materials.

Level II CFA Curriculum

The Level II CFA Curriculum is an extensive and in-depth study resource for the Level II exam, but it’s also dense and sometimes hard to understand. Because of this, many candidates opt to study with alternative CFA books that condense the CFA Curriculum into a more manageable format. And since the Level II exam primarily tests concept application skills, investing in additional practice materials is also a good idea.

Alternative Level II CFA Prep Books

The Level II exam requires CFA candidates to demonstrate application skills in addition to understanding, so alternative Level II CFA prep books are especially helpful for this exam. They condense the Level II CFA Curriculum into an easy-to-understand guide, so you can quickly get through the material and use practice questions and practice exams to test your ability to apply the concepts. However, some CFA books do a better job than others at preparing candidates for the exam.

Wiley Level II CFA Prep Books (eBook and Print)

Wiley Level II CFA books contain everything you need to pass the Level II exam. Our study guide summarizes the Level II CFA Curriculum into 1,200+ pages of succinct yet in-depth study material. We prioritize readability and digestibility, so you understand the material as quickly as possible.

With Wiley Level II CFA exam books, you get:

  • Complete set of 5 volumes covering all 10 CFA topic areas
  • Condensed, easy-to-understand summary of the full Level II CFA Program Curriculum
  • Color-coded concepts for easy, organized studying
  • Learning Outcome Statements tracker to help you gain confidence with all essential subject matter
  • Practice questions and mock exams
  • Expert test-taking advice and other helpful tips
  • Case studies with in-depth explanations
  • Figures and diagrams to illustrate content

Level II CFA Prep Books Cost

Not only are Wiley Level II CFA prep books the most succinct, easy-to-follow supplement to the Level II CFA Curriculum, but they are also less expensive than other prep book options.

Wiley CFA Level 2 books are the most cost-effective CFA books on the market, and they
include a full summary of the Level 2 CFA Curriculum and full LOS coverage.

Wiley Level II CFA books are priced at $235 while the print edition of the CFA Curriculum is $250 and other alternative CFA books cost over $300. It can be tough to spend extra money on exam prep materials, but it’s even more expensive to fail and retake the exam, so we recommend studying with Wiley Level II CFA books.

Level II CFA Program Curriculum

  • Digital: Free With Level II CFA exam registration
  • Print: $250

Wiley Level II CFA Prep Books

  • eBook: $235
  • Print: $235

Other Level II CFA Prep Books

  • eBook: ~$330
  • Print: ~$330

Whether you decide to invest in the print edition of the CFA Curriculum, Wiley CFA study books, or both, you can buy Level II CFA books on the Wiley Efficient Learning website. Level II CFA books for sale include Level II CFA Curriculum and the Wiley Level II CFA books.

Level II CFA Books vs Review Course

The Level II CFA exam goes beyond concept memorization and understanding and tests application of concepts. Because of this, the CFA Curriculum becomes a little less helpful, and it becomes more important to invest in study tools that measure your understanding and ability to apply the concepts.

Level II CFA books are a minimum investment for the Level II exam, and features in Wiley CFA Review Courses like Adaptive Review and Score Predictor become even more critical.

From our condensed 11th Hour Final Review Course to our robust Level II CFA Platinum Course, Wiley courses are designed to help you pass the exam by building your knowledge, testing your skills, and making sure you know where you stand along the way.

Start studying today with our Level 2
Platinum CFA Review course

Learn from highly accredited CFA® Program experts, like Peter Olinto who provide professional 1:1 mentoring.

CFA Level II Books in Summary

Level 2 CFA books are helpful because they summarize the often-daunting CFA Curriculum into an easy-to-follow study guide. This makes studying easier and more efficient. However, not all CFA books are of equal quality—only some are known for their user-friendly format and for having full LOS coverage. Guarantee you are studying with the most concise yet comprehensive CFA Level 2 books by studying with Wiley.

Wiley CFA books are color coordinated by concept for easy studying, they have full LOS coverage so you can rest assured you are fully prepared, and on top of that, they are less expensive than other CFA books on the market (including the print edition of the Official CFA Curriculum).

Level II CFA Books – Frequently Asked Questions (FAQs)

Here are some answers to frequently asked questions about Level 2 CFA books.

  • Yes. You can self-study for the Level II CFA exam but joining a study group can provide extra motivation and help you get through difficult topics. If you plan to study on your own, invest in the right Level II CFA books and plan to work extra hard.
  • Yes, 6 months is enough time to prepare for the Level II CFA exam. Recommended study time for the Level II exam is 328 hours, so if you can study for 55 hours per month, you can prepare in 6 months.
  • Yes. When you register for the Level II CFA exam with CFA Institute, you are provided a digital copy of the Official Level II CFA Curriculum. If you prefer to study with a print copy, you will have to purchase that separately. You can also purchase CFA prep books from other providers like Wiley that condense the material to make studying more manageable.
  • We recommended studying with Wiley Level II CFA books. Our easy-to-understand summary of the Level II CFA Program Curriculum is color-coded by concept for easy, organized studying and comes with a Learning Outcome Statements tracker to help you feel confident in your knowledge of all essential subject matter. Wiley CFA books also come with practice questions, practice exams, expert test-taking advice, cases studies, figures and diagrams, and more!
  • No. The level II CFA exam is not open book.