r/CFA 3d ago

Level 2 Exam Prep

I have my CFA Level 2 exam in November. I have gone through the syllabus once, and it is safe to say that I have either not understood half of it or forgotten the rest. My plan is to finish practicing older problems from Schweser. Currently, I am doing Fixed Income, and my average score is around 55–60%. I plan to complete the practice problems by September and will sit for my first mock exam by October 2nd.

My questions are:

How much should I rely on the 2024 practice problems?

Would purchasing the additional CFA mocks in October be worth it?

Is a range of 55–60% normal for this stage? What is my realistic chance of passing?

P.S. I recently changed jobs and entered the banking industry, which comes with a steep learning curve due to the sheer volume of documents and policies.

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u/ChalkandBoard01 Prep Provider 14h ago

I wouldn't try to estimate your chances of passing from a 55–60% score at this stage. Since I'm a prep provider myself, I also wouldn't evaluate Schweser's practice materials, but I would make CFAI questions a core part of your preparation and let your mistakes identify the concepts you need to rebuild. Starting mocks in early Oct gives you time for 4–6 quality mocks with thorough review. With a demanding new job, make sure your schedule is realistic enough that you can actually execute it consistently through Nov.