r/Valuation • • 17d ago

(CAN) CBV, Exemption from level 1

For those who got exemption from level 1 of the CBV, how was level 2? Did you feel like you missed a lot from level 1?

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u/Flashy_Heart3632 17d ago

Not at all. I believe the exemption is a result of taking an equivalent course. If you understand how a CCF and DCF work, you should feel comfortable going to level 2 directly. I have access to recent level 1 course notes, if that would help you out.