2017 Level III CFA Program Changes: CFA Curriculum Updates

Miss these CFA level 3 changes in the 2017 curriculum and risk missing out on those important few points that could get you a passing score

The CFA Institute has published its curriculum changes for the 2017 exams. The  level 3 changes for 2017 are very limited, really only posing new material over the same learning outcome statements (LOS).

You can download a PDF copy of the level 2 changes for the 2017 curriculum by clicking through this link. The curriculum changes are available in a combined document or individually for each of the 18 study sessions.

The level 3 changes for 2017 are pretty minor compared to previous years. One reading has been removed and one reading added to Private Wealth Management in study session five.

A new reading (Risk Management for individuals) has replaced the old Reading No. 12 (Lifetime Financial Advice: Human Capital, Asset Allocation and Insurance) in Study Session Five (Private Wealth Management).
There are almost no other material changes to the CFA level 3 2017 curriculum.

As with the prior two exams, passing the Ethics material is about working end-of-chapter questions to get a feel for how the CFA Institute wants you to think about the issues. My own experience with the Ethics portion on the Level 3 exam was that it seemed relatively easy.

I’m not sure if it’s because I had already worked the topic in the two prior exams or if the Institute figures you must know the material by the time you reach the third exam.

As always, success on the Level III CFA Program exam revolves around your preparedness for the morning essay section of the exam. We covered the importance of practicing the essay questions released by the CFA Institute in a prior post along with working some of the exam questions.

It looks like this is going to be the case for the 2017 CFA level 3 exam as well. We’ll cover more essay questions in the lead-up to the exam next year.

‘til next time, happy studying
Team FinQuiz

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