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AIWMI CCRA-L2 exam is a rigorous assessment that aims to test the candidate's understanding of various credit instruments, financial markets, and analytical tools. CCRA-L2 exam consists of 100 multiple-choice questions and is divided into two parts. Part one comprises 50 questions that test the candidate's knowledge of macroeconomics, financial accounting, fixed-income securities, and credit risk analysis. Part two comprises 50 questions that test the candidate's knowledge of asset-backed securities, credit derivatives, and the regulatory environment.

The CCRA-L2 exam is the second level of the CCRA certification program, and it builds upon the foundational knowledge gained in the CCRA-L1 exam. The CCRA-L2 exam covers a wide range of topics including credit analysis, risk management, financial statement analysis, and corporate finance. CCRA-L2 exam consists of 100 multiple-choice questions, and candidates have three hours to complete it. To be eligible for the CCRA-L2 exam, candidates must have completed the CCRA-L1 exam and have at least two years of work experience in the credit research field.

Reference: https://www.aiwmindia.com/designations/certified-credit-research-analyst-ccra/

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