CFA Level II
Level II
Apply valuation principles to equities, fixed income, derivatives, and alternatives. Item sets and vignettes that test deep analytical skills.
One-time payment · Lifetime access
- ✓10 video lessons
- ✓Downloadable study notes
- ✓Practice question bank
- ✓Progress tracking
- ✓Certificate of completion
- ✓Lifetime access & updates
Topics covered
Course Curriculum
1 section · 10 lessons
Curriculum
Black-Scholes-Merton: Introduction
Introduction to the Black-Scholes-Merton option pricing model — the foundation of modern derivatives pricing.
Black-Scholes-Merton: A Brief History
The history behind the BSM model and its revolutionary impact on financial markets.
Introduction to Delta Hedging
Understanding the concept of delta hedging and its role in risk-neutral pricing.
Call Option Formula
Deriving and understanding the BSM call option pricing formula.
Put Option Formula
The BSM put option formula and put-call parity relationship.
BSM Greeks: Delta Introduction
Understanding Delta — the first and most important of the option Greeks.
BSM Greeks: Partial Derivatives
The mathematical foundation of the Greeks — partial derivatives of the BSM formula.
Equity Method: Investment Account
Recording and tracking equity method investments on the balance sheet.
Equity Method: Goodwill
Understanding goodwill in the context of equity method investments and acquisitions.
Equity Method: Amortization Considerations
How amortization affects equity method investment carrying values.