Common questions What changed with CFA Level 2?

What changed with CFA Level 2?

What changed with CFA Level 2?

CFA Level 2 2022 Changes Quantitative Methods (Linear regression added, Probabilistic approaches removed) Corporate Issuers. Derivatives. Alternative Investments.

Is CFA syllabus changing?

Overall, 2022 CFA Level 3 curriculum has notable content changes in Fixed Income, Portfolio Management and Ethics (GIPS reading only). Other topics remain largely the same as last year’s.

Does CFA syllabus changes every year?

Every year, CFA Institute makes changes to the curriculum tested on the CFA® exam. This process ensures that we provide a comprehensive study solution completely tailored to the exam you’ll be taking.

Can you take CFA Level 2 and 3 in the same year?

Level 2 and 3 exams can now be taken twice a year: CFA.

Can I take CFA Level 3 twice a year?

Like the Level II exam, beginning in 2022, Level III will be offered twice a year, but the months differ. You can learn more in this article about CFA exam dates.

Is 2020 the same as 2021 CFA?

On April 6, 2020, CFA Institute announced a curriculum freeze, which means that the 2020 curriculum will be extended through 2021. Candidates of every level who take the exam in 2021 will be tested using the current 2020 curriculum.

Are there changes to the CFA level 2 curriculum?

CFA Level 2 Curriculum Changes. In short, even though a few major readings have been added and removed, the overall content length for Level 2 curriculum is similar to 2019’s. There are 48 readings in 2020/2021’s Level 2 Curriculum (vs. 51 in 2019): 8 readings from 2019 were removed: Reading 4 – Trade Allocation: Fair Dealing and Disclosure

When did topic weighting change in CFA level 3?

In 2018-2019, there was a big change whereby Portfolio Management’s weighting is significantly reduced, and in favor of an increased emphasis on Equity and Fixed Income. Overall, the Level 3 update reduced the variability in topic weight across the 10 topics, with a maximum range difference of 5% per topic.

How many readings are in the level 2 curriculum?

There are 48 readings in 2020/2021’s Level 2 Curriculum (vs. 51 in 2019): 5 readings were updated, mostly minor changes, except Intercorporate Investments where content was mostly revised due to accounting changes.

How are multiple choice questions answered on CFA level 1?

Multiple-choice questions in each item set must be answered based on the information in the vignette. Hence, the items are not free-standing, as in the CFA Level I exam.