There are some readings in the curriculum which have few EOCs (if any) and don’t appear on the topic assessments / Schweser exams. Do you plan to reread them? I’ve heard L2 candidates were unpleasantly surprised previous years on the exam day by questions on such topics. I’m sure there are more but for now the only three I can remember are:
Corporate Performance, Governance and Business Ethics
Introduction ot Asset-Backed Securities
Your strategy needs a strategy
I know they are not difficult but I haven’t reviewed them at all and I don’t remember any vignettes related to them in Schweser practice exams. Moreover the first two are new (2015). Which readings you are going to review?
There is a new section specifically called Introduction to Asset Back Securities. I forget exactly where it is in the reading but it comes before the actual readings on ABS. So yes, I think you are correct that they reduced the more in depth material but added a new section as well.
One I haven’t looked at and that scares me is private equity. Very small weight but the topic is jammed packed in definitions, formulas and methods. I really struggled keeping my head up in this reading. I’ll give it a quick glance but really can’t imagine spending the time that would be necessary to remember everything in there.
I’d just know the difference between LBO and Venture, exit routes for an investment, some control clauses and anti-takeover defences, and TVPI=DPI+RVPI