The finite element implemented Koiter's initial post-buckling analysis has not managed to convince commercial FE code developers to incorporate it into their codes to benefit structural designers and analysts. Three key obstacles have been identified. With two of them being resolved recently, the present paper addressed the remaining one, viz. the efficient solution of the second order perturbation equation. A closed-form solution is obtained which is more computationally efficient than any approach adopted in the past. The closed-form solution is obtained mathematically rigorously and in the meantime it is computational efficient. The approach applies also to problems where buckling is of multiple modes. The solution procedure established in this paper has been verified and demonstrated through a structural application.