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Topic Weights in CFA Level II
I've been going through the topic weight ranges provided by the CFA Institute for the Level II exam and working out how many item sets they would equate to, counting both morning and afternoon sessions. For example, Ethics is fixed at 10%, so that means a total of 2 items sets out of 20. For FRA it is 15-25%, which is 3 to 5 item sets out of 20. Equity Investments is supposed to be 20-30%, so that ought to be 4 to 6 item sets, but the CFAI mock exam has only 3 item sets total for this topic (going by the front sheet of the mock exam). I would have thought there should be at least 4 item sets for Equity, given that this same mock exam has 4 item sets for FRA. What do you think? Maybe there are questions relating to Equity, but coming in an item set for a different topic (e.g. Alt Investments)? I haven't actually looked at the exam questions, I'm saving that for when I'm ready to take the test!