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CAIA Level 2 Exam

Two days ago I sat the CAIA Level 2 exam. Likewise my post on CAIA Level 1, I cannot give much detail here, but the overall impression is as follows:
  • Significantly harder than Level 1. More calculations, more detail required.
  • There were again some questions I do not recall seeing answers to in Schweser Notes.
  • Essay questions are not very difficult, but require to list up/describe certain processes/reasons for certain events, so memorizing these lists came in very useful (although I am not sure my answers were accurate enough).
As such, I am much less confident in the outcome than I was for Level 1. Will be waiting for the results.


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