CFA® Level 2 Curriculum · 10 sections · 48 readings · ~450 hrs
What you'll actually study.
CFA® Institute publishes the curriculum. We don't change it — we make it studyable. Each bar below is a real exam-weighted section; pick one to see what's inside and how Blue Nelumbo™ teaches it.
Section weights, in order of exam emphasis.
Financial Statement Analysis
13.5%
7
40+
At Level 2, FSA shifts from mechanics to application — intercorporate investments, pensions, currency effects, and quality-of-earnings analysis. Vignettes require you to make adjustments to financial statements before applying valuation models.
Readings in this section
01Intercorporate Investments
02Employee Compensation: Post-Employment and Share-Based
03Multinational Operations
04Analysis of Financial Institutions
05Insurance Companies and Financial Analysis
06Evaluating Quality of Financial Reporting
Financial Statement Analysis
13.5%
7
40+
At Level 2, FSA shifts from mechanics to application — intercorporate investments, pensions, currency effects, and quality-of-earnings analysis. Vignettes require you to make adjustments to financial statements before applying valuation models.
Readings in this section
01Intercorporate Investments
02Employee Compensation: Post-Employment and Share-Based
03Multinational Operations
04Analysis of Financial Institutions
05Insurance Companies and Financial Analysis
How Blue Nelumbo™ teaches this curriculum.
CFA® Institute decides what's on the exam. We decide how the studying actually works — and these three practices are why our learners report different outcomes from the same source material.
01
Verbatim sourcing, structured visually.
We don't paraphrase. Every note in Blue Nelumbo™ is extracted directly from the official curriculum, structured into readable typography, and traceable back to its source. No 'our take' — just the real material, made studyable.
02
Decay-adjusted scoring across attempts.
Every quiz, every flag, every read feeds an engine that watches your knowledge decay over time. The dashboard rebuilds 30+ insights after each session — telling you exactly which reading to revisit, when, and why.
03
Mock UI tuned to the real Prometric exam.
The mock attempt screens deliberately mimic Prometric's CBT software — sterile, sober, exam-room realistic. When you sit the actual exam, the interface should be muscle memory, not the third surprise of the morning.
See a real subtopic.
A peek at one subtopic exactly as it appears inside the product — cream surface, editorial typography, traceable to the curriculum, flag-as-you-go.
This is what every subtopic looks like.
Same surface. Same typography. Same length expectations. No surprise formats per topic.
- Cream surface (#FBF7EE) — easier on the eyes over hours
- 720px max line length — reading-optimal
- Curriculum-verbatim text with inline source traces
- Flag-as-you-go (red / yellow / green) for revision
- Exam-tip callouts surfaced where examiners commonly probe