Took Level II exam for the second time this year. I just used the book that I got last 2013. Not worth the money imo. 2013 -> 2014 I just read the additional topics in the ebook. What I heard is that 2014->2015 there are reduction in the topics so you can just skip the ones from 2014 and read the changes in the ebook.
ethics from 10% to range;fra from 15 -25 to 15 to 20 ;equity 20-30 to 15-25 looks like there may be shift in topic weights of equity and fra.FIXED INCOME from 5-15 to 10 -20.All the more these topic weighing make final weights even more uncertain.CFAI has been known to find an obscure part of a reading,which a normal person would think as not so relevant to financial market,and Throw an entire item set on it.One thing from these changes shows that there would be atleat two item sets on fixed income and may be three and there is strong likely hood that during cfa l2 2015 there will only be 3 item sets in FRA.
ok thanks, interesting that they’ve reduced both of the heavyweights. Maybe they figured that some candidates were focusing on nailing FRA,eq, ethics and not really putting much focus on other topics.
i guess they’re bringing FI back into prominence now that they’ve updated the material.
before 2012, the number of item sets per topic and even the order had been identical for years. It looks like they’re going to shake it up a bit more going forward… Just another way to make this test more challenging!