archived_user
New member
- Jun 18, 2026
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I wrote and (barely) passed Level 1 in June 2014. I failed derivatives, fixed income, and quants. Immediately after the exam, I was hired as a Financial Planner at a bank and had to enroll in the CFP program. So I am almost done of the CFP but I haven’t touched CFA materials or even used any of it in my job since writing Level 1. My question is: I want to write Level 2 in June 2017. How much of Level 1 knowledge/material carries over to Level 2? I feel like I forgot everything from Level 1. Do you guys think it’s realistic for me to learn Level 2 independently from Level 1 (ie: basically starting from scratch for Level 2.) If I sign up for Level 2, I plan on starting to study Nov 1 as I have a lot of other commitments and will aim for 1-2 hours of studying on weekdays, 4-5 hours of studying on Saturdays and Sundays, with a couple weeks off throughout the winter for work travel/breaks. My question isn’t “is this possible?” or “can it be done?” because I know it is possible for me to pass, but realistically, do I need a good solid understanding of Level 1 material to have a chance at passing Level 2? Or can Level 2 material be learned independently from the materials provided by CFAI and Schweser?
Thanks in advance for the input.
Thanks in advance for the input.