CFA Blog of IFT

2022 Level II Program Changes

Each year CFA Institute makes changes to the exam curriculum. This year there have been a small number of changes to the LII curriculum. There are 47 readings in the 2022 Level II curriculum versus 48 in 2021. 4 readings from 2021 were dropped: R04 Trade Allocation: Fair Dealing and Disclosure R05 Changing Investment Objectives R09 Excerpt from “Probabilistic Approaches: Scenario Analysis, Decision Trees and Simulations” R40 Publicly Traded Real Estate Securities 1 new reading was added: R41 Backtesting & Simulation 11 readings were updated. Ethics has been moved to the end. ‘Corporate Finance’ has been renamed to ‘Corporate Issuers’…. Read More

Leave a Comment Level II

2022 Level I Program Changes

Each year CFA Institute makes changes to the exam curriculum. This year there have been many updates throughout the Level I curriculum. There are 60 readings in the 2022 Level I curriculum versus 57 in 2021. 2 readings from 2021 were dropped: R05 Global Investment Performance Standards (GIPS) R07 Statistical Concepts and Market Returns 5 new readings were added: R02 Organizing, Visualizing, and Describing Data R07 Introduction to Linear Regression – moved from LII to LI R31 Capital Structure – moved from LII to LI  R52 The Behavioral Biases of Individuals – moved from LIII to LI R60 Ethics Application –… Read More

Leave a Comment Level I

2021 CFA Level III Exam Question and CBT Format

The investment profession is moving to a primarily digital format. To align with the professional environment and have operational flexibility, the CFA Institute has transitioned from paper-based to computer-based exams. The COVID-19 global pandemic has just accelerated CFA Institute’s decision to adopt the move early. As the exam will be computer-based, the CFA Institute has made certain changes to its Program Exams to facilitate the testing process. What is Changing for the 2021 CFA Level III Exam? Starting 2021, Level III of the CFA®exam will be offered in a computer-based testing format. Exam duration will be approximately 4.5 hours, split… Read More

Leave a Comment Level III

Your Feb 2021 Level I Exam Results

Today CFA Institute is announcing the results for the February 2021 Level I exam. If you know your result, then you have either experienced the joy of passing or the disappointment of falling short. The result time is always slightly awkward for me – because I share the happiness of those who did well, while at the same time I feel for those who did not make it. For those who took the Level I or II exam, you will fall in one of the categories given below. Please click on the link which describes your situation. It is possible… Read More

Level I

Advice for those who didn’t pass the Level I exam

If you failed the Level I exam it is natural to feel disappointed, but you must put this temporary setback behind you and move on. Failure was never meant to be a signal to turn back, but instead, an obstacle that the stronger and wiser use to boost themselves up and attain greater heights. Your recent failure might cause you to wonder whether or not to continue with the CFA Program, and if so when to retake the exam. Let us consider the first question: whether to continue with the CFA Program or not. For those who did not pass,… Read More

Leave a Comment Level I