Like I said before so glad I passed this time…those topic removals from FRA and Equities were the easiest to understand…those derivative topics…weren’t so bad too to understand once you did the EOCs several times.
Hopefully they didn’t make that pension chapter any longer for you guys next year…however olinto does such a great job explaining through pensions on his 11th hour video…which I highly recommend.
11th hour video of FRA and equity taught by Olinto are really good and if any of you purchased the Wiley material and didn’t pass this year I would recommend you taking notes of the video before they remove them down…and repost the SAME exact videos again a month before the exam…
I really don’t think it will be that big of a change. I fell like it’s more so a reorganization of topics but the content will stay similar. Derivatives is the biggest uncertainty
I am quite sure in one. Maybe even more than 80 % today’s candidates outside of US and Canada would not be able to apply to CFAI program under 1960s’ conditions without internet and other advantages of today…
I don’t understand why they removed Porter’s Five Forces? It was the only strategic analysis skill taught in the whole CFA program … Company analysis is not just about numbers …
Yup, couldn’t agree more. Especially since a good number of CFA candidates come from a STEM background & might not have had the luxury of learning the model in their undergraduate studies. I wonder if they are looking to reposition it into another one of the Levels next year (perhaps Level 1 once the December 2016 examination is completed).
Regarding derivatives, they didn’t change anything, they just condensed the readings about Options, Swaps, etc. in the reading of the Futures and Forwards, so in the end derivatives will remain exactly the same (have a look on the 2017 CFA books)!
I just had also a quick view on the other topics, pretty much the same as 2016 apart PM the new section about algo trading which is about only 20 pages and only conceptual, nothing special unfortunately.
I was also looking on the other readings of PM and I felt there were a lot of new things, then I looked at CFA 2016 books and they were already in…so, Schweser left out a lot of material there (chapter Economics and Investment Markets).
Is it possible that we don’t have EOC questions in the 2017 curriculum???
At least I don’t see any for the derivatives section.
I’m devastated because I studied the derivatives section from the 2016 book (I could not take the exam this year) and now seeing these changes, and no EOC questions…