This course covers Level II Fixed Income for the 2025 CFA Program Exam.
Watch the detailed videos for each reading.
After each video, read the summary slides which contain the Curriculum’s Learning Outcomes.
Take the quizzes to test your grasp of the concepts.
For each reading, you can also read/download the study notes and also watch the example videos.
You should also solve the curriculum end-of-chapter questions.
You can download the study notes and the video slides from the ‘Materials’ tab. You can download a basic study planner with an index of all videos from here: IFT Study Planner
Below you will find some helpful information about the readings.
| LM Name | Video duration (min) | No. of pages in the curriculum | No. of curriculum questions | No. of curriculum examples |
| The Term Structure and Interest Rate Dynamics | 150 | 43 | 56 | 11 |
| The Arbitrage-Free Valuation Framework | 71 | 32 | 22 | 8 |
| Valuation and Analysis of Bonds with Embedded Options | 116 | 57 | 36 | 9 |
| Credit Analysis Models | 173 | 49 | 30 | 8 |
| Credit Default Swaps | 74 | 24 | 14 | 11 |