CSC Exam 2 FAQ — Common Questions (Portfolio Focus, Difficulty, Prep)

What is the official exam format and structure?

CSI publishes the CSC exam structure on the official Exam & Credits page:

• Exam format: Proctored (remote or in-person at a test centre)
• Exam duration: 2 hours
• Question format: Multiple Choice
• Questions per exam: 100
• Passing grade: 60% (Per Exam)
• Attempts allowed per exam: 3

Source: https://www.csi.ca/en/learning/courses/csc/exam-credits

What are the official topic weightings for Exam 2?

From CSI’s official weighting table (Exam 2 has 100 questions, so % ≈ target questions):

• Investment Analysis — 18%
• Portfolio Analysis — 18%
• Mutual Funds — 14%
• Exchange-Traded Funds — 10%
• Alternative Investments, Other Managed, and Structured Products — 16%
• Canadian Taxation — 6%
• Fee-Based Accounts and Working with the Retail Client — 8%
• Working with the Institutional Client — 10%

Source: https://www.csi.ca/en/learning/courses/csc/exam-credits

Is CSC Exam 2 harder than Exam 1?

Often, yes—because it is more scenario-driven. The trick is learning to spot the constraint that matters most (time horizon, risk tolerance, liquidity, tax sensitivity).

What should I memorize vs understand?

• Memorize a small formula pack and definitions (see Cheatsheet).
• Understand the why behind diversification and asset allocation decisions.

How do I practice effectively?

Use short drills per topic, then a weekly mixed set. Review every miss and write a one-sentence rule.

Where do I find official exam policies?

Use the links in Resources. Policies can change.