CHANGES 2014/2015 CFA PROGRAM LEVEL 1

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CHANGES 2014/2015 CFA PROGRAM
LEVEL 1
Study session 1
 Updated reading 1 code of ethics and Standards of professional conduct from 10th to 11th
edition
 Updated reading 2 new standards of practice handbook from 10th to 11th Edition
Study session 10
 Removed Reading on red flags
 Added Reading 33: Financial reporting quality Jack Ciesielski, Elaine Henry and thomas Selling
 Removed Reading 34 on shenanigans
Study session 15
 Added reading 54 Introduction to asset backed securities Fabozzi
Study session 17
 Removed Readings 58, 59, 60 and 61 on forwards, futures and options
 Added Reading 58 Basic of derivative pricing and valuation (Don Chance)
Cette liste n’est peut-être pas exhaustive.
Si vous détectez un changement qui n’est pas dans la liste, n’hésitez pas à nous en faire part, nous mettrons ce document à jour.
www.finance-training.fr
[email protected]
CHANGES 2014/2015 CFA PROGRAM
LEVEL 2
Study session 1
 Updated reading 1 code of ethics and Standards of professional conduct from 10th to 11th
edition
 Updated reading 2 new standards of practice handbook from 10th to 11th Edition
 Removed Reading 3 CFA Institute Soft dollar Standards
Study session 2
 Removed Reading 10 prudence in perspective
Study Session 7
 Removed reading the lessons we learn
 Removed reading Evaluating Financial reporting quality (Robinson and Henry)
 Added Reading 20 Evaluating quality of financial reports (Cieselski & Henry)
Study session 9
 New reading 25 Corporate performance, Governance and business ethics, Hill and Jones
Study session 13
 Removed Reading 43 investing in hedge funds a survey
Study session 14
 Transferred Reading 45 Credit analysis models to study session 15
 Removed Reading 46 on Term structure
 Removed Reading 47 on Valuing bonds with embedded options
 Added reading 42 the term structure and interest rates dynamics Thomas Ho
 Added Reading 43 The arbitrage free valuation framework steven mann
 Added Reading 44 Valuation and analysis: bonds with embedded options leslie abreo
Study session 15
 Removed Reading 48 MBS
 Removed Reading 49 ABS
 Removed Reading 50 Valuing MBS and ABS
 Transferred from Study session 14 Reading 45 Credit analysis models
 Added reading 46 Introduction to asset backed securities (Fabozzi)
Cette liste n’est peut-être pas exhaustive.
Si vous détectez un changement qui n’est pas dans la liste, n’hésitez pas à nous en faire part, nous mettrons ce document à jour.
www.finance-training.fr
[email protected]
CHANGES 2014/2015 CFA PROGRAM
LEVEL 3
Study session 1
 Updated reading 1 code of ethics and Standards of professional conduct from 10th to 11th
edition
 Updated reading 2 new standards of practice handbook from 10th to 11th Edition
Study session 2
 Removed Reading 3 ethics in practice
Study session 4 split in Study sessions 4 and 5
 The former first 3 readings allocated in Study session 4
 The former 2 last readings allocated to study session 5
Study session 5 becomes study session 6
Study sessions 6 and 7 merge into study session 7 and changes name: Application of economic
analysis to portfolio management. Readings merge
Study session 8 is splitted in to study sessions 8 and 9 and is renamed: Asset allocation and related
decisions in portfolio management
Study session 9
 Transferred from former Study session 14 Risk management reading 19 : currency
Management: an introduction
 Added Reading 20 Market Indexes and benchmarks Michel Conover
Stduy session 9 is now study session 10 and renamed: Fixed income portfolio management (1)
 A new LOS in reading 21 : critique the use of bond market indices as benchamrks
Study session 10 becomes study session 11 and renamed: Fixed income portfolio management (2)
Study session 11 becomes study session 12
Study session 12 disappears
 Removed Reading 24 International equity benchmark
 Removed Reading 25 corporate finance governance and business ethics
Study session 14
 Transferred to study session 9 : currency management: an introduction
Cette liste n’est peut-être pas exhaustive.
Si vous détectez un changement qui n’est pas dans la liste, n’hésitez pas à nous en faire part, nous mettrons ce document à jour.