CFA Mock LabCBT mock exams · Level 1 & 2
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The most realistic CFA® Level 1 and Level 2 CBT mock exam simulation.
A private CFA® question bank running inside a clone of the computer-based testing (CBT) driver: the same chrome, clock, item rail, vignette pane, highlighter and strike-through you get on the day — with the free BA II Plus and BA II Professional calculators built in.
- Vignette item sets with pinned exhibits, flagging, section review, and a confidence level stored with every answer.
- A mock's answers are held on the server until you submit.
- Results are kept per question rather than per sitting, so retakes never double-count and a guess that happened to be right is still visible.
- Pausing stops the clock; the paper waits until you come back to it.
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A free account opens on your first sign-in — any paper, your score, nothing to fill in.
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Mock exam papers, at Level 1 and Level 2 length
Each paper runs to the format of its level — 90 multiple-choice items in 135 minutes at Level 1, 44 questions across 11 vignette item sets in 132 minutes at Level 2. Every paper is a real one, sat as it came: nothing here is assembled or generated.
| Paper | Items | Time allowed | Structure | Result |
|---|---|---|---|---|
| L1Session | 90 multiple-choice | 2 h 15 min (135 min) | Standalone items, three choices (A, B, C) | Score + explanations |
| L2Session | 44 in 11 item sets | 2 h 12 min (132 min) | Vignette item sets, four questions each | Score + explanations |
A part-paper gets a proportionate clock rather than a full session — 3 minutes an item at L2, 1.5 at L1. Unanswered items score as incorrect, the same rule as the computer-based exam. The clock running out does not end the attempt: it switches to counting overtime, and you submit when you are ready.
How to use a CFA® mock exam
A timed session under exam conditions first, then the score report and the topic drilling for the marks. The same loop the CFA® Program's own guidance describes: sit it cold, read the autopsy, work the weakest areas, sit the next one.
Full clock, flagging and section review, with a confidence level recorded against each answer: High, Medium or Low.
The answers are released at this point. Blanks are marked wrong, as they are in the test centre.
Score against the 65% MPS, broken down by topic and module, weakest first, with time spent on each question.
Filter to questions never attempted, previously wrong, or answered at low confidence, then sit the next session.
Topic coverage and 2026 exam weights
Each question is mapped to a curriculum area, and to its module where the source names one. Weights are the published 2026 ranges for the level shown; the last column is the bank's own mix, so you can see where it runs heavier or lighter than the exam.
| Topic | 2026 weight | Questions | Bank mix |
|---|---|---|---|
| — | |||
Sit a mock free, see where the marks went
A free account sits the sample mock under exam conditions and gets its full diagnostic the moment it submits. Premium is the rest of the bank, and the plan that turns the diagnostic into work.
- Opens on your first Google sign-in — no form, no invitation. Runs 14 days.
- One full mock at the level you choose, full length, on the real clock
- Its full diagnostic: score by topic and module, every question with its key, your answer and the explanation, and the confidence split
- Time taken overall and per question
- Both calculators, in the paper and out of it
- Everything above, on every paper in the bank
- Every mock and every practice pack, both levels
- The study plan: what to drill next, sized from your unaided mocks
- The Review tab: search every question you have answered, across all papers
- Coverage across the whole bank, by level, year, topic and module
Nothing to fill in: signing in with Google opens the free account itself. Premium is arranged by writing to us, since payment is handled by hand for now.
Free BA II Plus and BA II Professional calculators
Free, and free of a sign-in: working browser versions of the only two Texas Instruments models allowed in the CFA® exam room. Nothing to install, and they keep working offline once loaded. Use one right here.
TVM, cash flow, amortisation, bond, depreciation and statistics. The Professional adds NFV, MIRR, payback and discounted payback.
Common questions
No. This is an independent practice environment built to behave like the computer-based testing driver used on exam day. The official mocks live in CFA Institute's own Learning Ecosystem.
Two sessions of 135 minutes, 90 multiple-choice questions each, with an optional break between them. Level 2 is two sessions of 132 minutes, 44 questions each, in vignette item sets of four. Papers here run to those same lengths, and a part-paper gets a proportionate clock.
Only two models: the Texas Instruments BA II Plus, including the BA II Plus Professional, and the HP 12C. Working versions of both TI models are free here, with no sign-in — confirm the current policy with CFA Institute before your sitting.
CFA Institute does not publish a pass mark. The report scores against a 65% reference line, which is the figure candidates generally treat as a working proxy for the minimum passing score — it is a yardstick, not the real MPS.
Yes — signing in with Google opens a free one, which sits the sample mock for your level and shows your score. Every other paper and the full report come with a Premium account; to arrange that, sign in and message us from inside the app — there is a Messages button on every screen. The calculators need no account at all.
Details
Independent. Not affiliated with, endorsed by, or connected to CFA Institute. CFA® and Chartered Financial Analyst® are registered trademarks of CFA Institute.
Sign-in is Google. A first sign-in opens a free account; an owner can raise it to the full report, limit it to one level, or give it an end date. Self-serve sign-ups can be switched off, leaving the allowlist.
Practice material gathered for personal study. Question content remains the copyright of its publishers, which is why this stays private and is never public.
A mock's answers and explanations are not sent to the browser until you submit, so the key cannot be read out of the page mid-paper.
Kept per question, so it survives retakes and follows the account across devices instead of living in one browser.
Supported, unlike the real thing. The clock stops, the paper waits on the menu, and nothing is submitted until you say so.