<p>Not quite - MIT and Olin are happy with either one, but Caltech and Mudd require the Level 2. But you can find out easily by looking at schools you are interested in and seeing their special requirements. You should do that anyway just to make sure there are no surprises.</p>
<p>[Caltech</a> Undergraduate Admissions: Freshman Applicants](<a href=“http://www.admissions.caltech.edu/applying/freshman]Caltech”>http://www.admissions.caltech.edu/applying/freshman)
“SAT Subject Tests: Mathematics Level 2 and one of the following Subject Tests: Biology (Ecological), Biology (Molecular), Chemistry, or Physics”</p>
<p>[MIT</a> Admissions: The Freshman Application](<a href=“http://www.mitadmissions.org/topics/apply/the_freshman_application/index.shtml#standardizedtests]MIT”>http://www.mitadmissions.org/topics/apply/the_freshman_application/index.shtml#standardizedtests)
“component or the ACT with the writing test. We do not prefer one over the other. In addition, we require two SAT Subject Tests: one in math (level 1 or 2), and one in science (physics, chemistry, or biology e/m). We do not have a preference as to which science you take or which level math you take.”</p>
<p>[First-Year</a> Student Admission](<a href=“http://www.hmc.edu/admission1/applyingforadmission1/firstyearadmission.html#checklist]First-Year”>http://www.hmc.edu/admission1/applyingforadmission1/firstyearadmission.html#checklist)
“You must submit scores from the Math 2 subject exam and a second one of your choice.”</p>
<p>[Olin</a> College : Admission : Frequently Asked Questions](<a href=“http://www.olin.edu/admission/faq.asp#standardized]Olin”>http://www.olin.edu/admission/faq.asp#standardized)
“SAT Subject Test score, one in Math (Level 1 or 2) and one in a science subject of your choice”</p>