This course covers Level II Derivatives for the 2026 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 |
| Pricing and Valuation of Forward Commitments |
162 |
58 |
20 |
19 |
| Valuation of Contingent Claims |
201 |
61 |
17 |
21 |
Required disclaimer: IFT is a CFA Institute Prep Provider. Only CFA Institute Prep Providers are permitted to make use of CFA Institute copyrighted materials which are the building blocks of the exam. We are also required to create / use updated materials every year and this is validated by CFA Institute. Our products and services substantially cover the relevant curriculum and exam and this is validated by CFA Institute. In our advertising, any statement about the numbers of questions in our products and services relates to unique, original, proprietary questions. CFA Institute Prep Providers are forbidden from including CFA Institute official mock exam questions or any questions other than the end of reading questions within their products and services. CFA Institute does not endorse, promote, review or warrant the accuracy or quality of the product and services offered by IFT. CFA Institute®, CFA® and “Chartered Financial Analyst®” are trademarks owned by CFA Institute. Studying the curriculum issued by CFA Institute is essential to success. Prep Provider courses and materials are developed to complement the curriculum and to facilitate the learning process, not to replace it. © Copyright CFA Institute