Changes from previous year

FRM
#1

Hi all,

I have studied the following chapters that are removed from the study sessions below.

However they have included some of the new readings that are similar to the below 4 except for couple of new readings. Please let me know would there be any significant changes into it.

Please let me know if these new readings can be separately bought?

Last year readings that are removed

  • Chapter 1 – Bond Prices, Discount Factors, and Arbitrage
  • Chapter 2 – Bond Prices, Spot Rates, and Forward Rates
  • Chapter 3 – Yield to Maturity
  • Chapter 5 – One-Factor Measures of Price Sensitivity

New readings

  • Chapter 1 – Prices, Discount Factors, and Arbitrage
  • Chapter 2 – Spot, Forward and Par Rates
  • Chapter 3 – Returns, Spreads and Yields
  • Chapter 4 – One-Factor Risk Metrics and Hedges
  • Chapter 5 – Multi-Factor Risk Metrics and Hedges
  • Chapter 6 – Empirical Approaches to Risk Metrics and Hedging

Thanks,

Raghu

#2

I am using the 2012 material aswell.

In my opinion i think there be very little changes. if you think about it the main bulk of the theory won’t change. maybe there is some additional materal added at the end of the reading.

I’m not too worried about it really.

Anyone else has any input?