Overview
This document outlines the structure and topics of the 2025 Level II High Yield Course for the CFA exam, summarizing available study modules and their focus areas.
Course Organization
- The course is divided into subject modules such as Quantitative Methods, Economics, Financial Reporting and Analysis (FSA), Corporate Issuers, Equity Valuation, Fixed Income, Derivatives, Alternative Investments, Portfolio Management, and Ethics.
- Each module contains multiple lessons, each with a high-yield video and notes focused on key exam topics.
- Many lessons include practice quizzes and item sets to reinforce learning.
Sample Module Structure (Financial Statement Analysis Example)
- Modules start with fundamental concepts (e.g., Intercorporate Investments, Employee Compensation).
- Progresses to advanced analyses (e.g., Multinational Operations, Financial Institutions, Evaluating Quality of Financial Reports).
- Concludes with integration of techniques and exam-style item sets.
Navigation and Resources
- Students can access key facts and formula sheets for rapid review.
- High yield notes and videos present condensed, exam-focused content.
- Lesson completion tracking helps monitor progress.
Access and Enrollment
- Course access requires enrollment and login.
- Some resources and quizzes are available only to registered users.
Key Terms & Definitions
- High Yield — content or concepts most likely to appear on the exam.
- Item Set — a group of related exam-style questions based on a shared scenario.
- Financial Statement Analysis (FSA) — evaluation of a company’s financial statements to assess its performance and make investment decisions.
Action Items / Next Steps
- Review "Key Facts and Formula Sheets" for each module.
- Watch associated high yield videos and read the notes for assigned lessons.
- Complete quizzes and item set practice questions after each topic.
- Track lesson progress and plan study schedule accordingly.