Changes CFA for the Level I, II, and III 2019 vs 2018 Exams

cfa changes 2018 vs 2019 exam

CFA Program exam in 2019? Understanding the curriculum is critical to success, particularly if you are re-taking the exam, as you’ll want to optimize your study time and ensure you pay particular attention to new or amended study sessions: there is 1 new reading for the Level I, 5 at Level II and 6 at Level III. For 2019, the CFA Program Exam Curriculum has also added a hot industry topic, Fintech, including big data, data analysis and artificial intelligence. Plus, be sure to note the substantially modified 2019 CFA topic weightings:

TOPIC AREALEVEL ILEVEL IILEVEL III
Ethics & Professional Standards15%10-15%10-15%
Quantitative Methods12% 2018
10% 2019
5-10%0
Economics10%5-10%5-10%
Financial Reporting & Analysis20% 2018
15% 2019
15-20% 2018
10-15% 2019
0
Corporate Finance7% 2018
10% 2019
5-15% 2018
5-10% 2019
0
Equity Investments10% 2018
11% 2019
15-25% 2018
10-15% 2019
5-15% 2018
10-15% 2019
Fixed Income10% 2018
11% 2019
10-20% 2018
10-15% 2019
10-20% 2018
15-20% 2019
Derivative Investments5% 2018
6% 2019
5-15% 2018
5-10% 2019
5-15% 2018
5-10% 2019
Alternative Investments4% 2018
6% 2019
5-10%5-15% 2018
5-10% 2019
Portfolio Management & Wealth Management7% 2018
6% 2019
5-10% 2018
5-15% 2019
40-55% 2018
35-40% 2019
TOTAL100%100%100%

To help, Wiley has put together a handy cheat sheet of the 2019 CFA curriculum changes for Level I, II, and III.

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Download Level I

2019 cfa Curriculum Changes level II
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Download Level II

2019 cfa Curriculum Changes level III
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Download Level III

Preparing for the 2019 CFA Program exam? Make sure you choose the right partner for your study prep so you walk into the exam with confidence. Thousands of candidates from over 100+ countries have trusted Wiley – our Partner Until You Pass guarantee, expert instructors, and questions that are close to those you will see on the actual exam are just a few. Take a free trial and see the difference for yourself. Re-taking a Level? Save 50%. Learn more.

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