{"id":10815,"date":"2023-05-16T08:10:00","date_gmt":"2023-05-16T08:10:00","guid":{"rendered":"https:\/\/analystprep.com\/blog\/?p=10815"},"modified":"2026-05-21T16:50:59","modified_gmt":"2026-05-21T16:50:59","slug":"cfa-latest-updates-significant-enhancements-to-the-cfa-program","status":"publish","type":"post","link":"https:\/\/analystprep.com\/blog\/cfa-latest-updates-significant-enhancements-to-the-cfa-program\/","title":{"rendered":"CFA Latest Updates: Significant Enhancements to the CFA Program"},"content":{"rendered":"\n<p>The CFA Institute, the global association of investment professionals, announced significant changes to the CFA program. This comes as part of the institute&#8217;s continued efforts to enhance the program to meet the needs of its candidates and supply the industry with competent and ethical professionals. These enhancements are especially significant for candidates who are keen to get an edge in the market for employment.&nbsp;<\/p>\n\n\n\n<p>According to Margaret Franklin, CFA president and CEO, these latest changes constitute the most significant changes ever made to the CFA program since its inception in 1963. The changes will meet the candidates&#8217; needs by helping them understand how to put investment concepts into practice from their first day on the job. There are six major changes instituted for CFA 2024 and 2025.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/analystprep.com\/blog\/cfa-latest-updates-significant-enhancements-to-the-cfa-program\/#1_Digital_Practical_Skills_Modules\" >1. Digital Practical Skills Modules<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/analystprep.com\/blog\/cfa-latest-updates-significant-enhancements-to-the-cfa-program\/#2_Specialized_Pathways\" >2. Specialized Pathways<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/analystprep.com\/blog\/cfa-latest-updates-significant-enhancements-to-the-cfa-program\/#Portfolio_Management_Pathway\" >Portfolio Management Pathway<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/analystprep.com\/blog\/cfa-latest-updates-significant-enhancements-to-the-cfa-program\/#Private_Wealth_Management_Pathway\" >Private Wealth Management Pathway<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/analystprep.com\/blog\/cfa-latest-updates-significant-enhancements-to-the-cfa-program\/#Private_Markets_Pathway\" >Private Markets Pathway<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/analystprep.com\/blog\/cfa-latest-updates-significant-enhancements-to-the-cfa-program\/#3_Volume_of_Study_Materials_to_be_Reduced_at_Each_Level\" >3. Volume of Study Materials to be Reduced at Each Level<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/analystprep.com\/blog\/cfa-latest-updates-significant-enhancements-to-the-cfa-program\/#Level_I\" >Level I<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/analystprep.com\/blog\/cfa-latest-updates-significant-enhancements-to-the-cfa-program\/#Economics\" >Economics<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/analystprep.com\/blog\/cfa-latest-updates-significant-enhancements-to-the-cfa-program\/#Corporate_Issuers\" >Corporate Issuers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/analystprep.com\/blog\/cfa-latest-updates-significant-enhancements-to-the-cfa-program\/#Derivatives\" >Derivatives<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/analystprep.com\/blog\/cfa-latest-updates-significant-enhancements-to-the-cfa-program\/#Alternative_Investments\" >Alternative Investments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/analystprep.com\/blog\/cfa-latest-updates-significant-enhancements-to-the-cfa-program\/#Prerequisite_Knowledge_Adjustment\" >Prerequisite Knowledge Adjustment<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/analystprep.com\/blog\/cfa-latest-updates-significant-enhancements-to-the-cfa-program\/#Level_II\" >Level II<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/analystprep.com\/blog\/cfa-latest-updates-significant-enhancements-to-the-cfa-program\/#Level_III\" >Level III<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/analystprep.com\/blog\/cfa-latest-updates-significant-enhancements-to-the-cfa-program\/#4_An_Improved_Digital_Badging_Strategy\" >4. An Improved Digital Badging Strategy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/analystprep.com\/blog\/cfa-latest-updates-significant-enhancements-to-the-cfa-program\/#5_Additional_Practice_Materials\" >5. Additional Practice Materials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/analystprep.com\/blog\/cfa-latest-updates-significant-enhancements-to-the-cfa-program\/#6_Expanded_Eligibility_for_Level_I_Candidates\" >6. Expanded Eligibility for Level I Candidates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/analystprep.com\/blog\/cfa-latest-updates-significant-enhancements-to-the-cfa-program\/#Shorter_Early_Registration_Periods\" >Shorter Early Registration Periods<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/analystprep.com\/blog\/cfa-latest-updates-significant-enhancements-to-the-cfa-program\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_Digital_Practical_Skills_Modules\"><\/span>1. Digital Practical Skills Modules<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>One of the most notable CFA latest Updates is the introduction of self-contained digital practical skills modules to the CFA Program. These are meant to teach the candidates on-the-job practical applications. Initially, the practical skills module will include:<\/p>\n\n\n\n<p>For level I &#8211;&nbsp; Financial Modelling&nbsp;<\/p>\n\n\n\n<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;         &nbsp;-Python programming fundamentals&nbsp;<\/p>\n\n\n\n<p>For level II &#8211; Analyst skills&nbsp;<\/p>\n\n\n\n<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-Python programming fundamentals<\/p>\n\n\n\n<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Python, Data Science, and Artificial Intelligence<\/p>\n\n\n\n<p>Starting in 2024, at least one practical skills module must be completed for level I and level II but will not be graded as part of the exam.&nbsp;<\/p>\n\n\n\n<p>Practical skills modules are being developed for CFA level III to be introduced in the 2025 exam series.<\/p>\n\n\n\n<div style=\"text-align: center; margin: 24px 0;\">\n<a style=\"display: inline-block; background-color: #1a73e8; color: #ffffff; padding: 14px 34px; border-radius: 999px; text-decoration: none; font-size: 16px; font-weight: 600; min-width: 740px;\" href=\"https:\/\/analystprep.com\/free-trial\/\" target=\"_blank\" rel=\"noopener noreferrer\">\nStay ahead of CFA curriculum updates with our Free Trial.\n<\/a>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_Specialized_Pathways\"><\/span>2. Specialized Pathways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>CFA&#8217;s latest updates will also introduce specialized pathways at level III beginning in 2025. There will be three job-role focussed pathways and candidates will be able to choose any one of the three. They include:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Portfolio Management (traditional version)<\/li>\n\n\n\n<li>Private Wealth;<\/li>\n\n\n\n<li>Private Markets;<\/li>\n<\/ol>\n\n\n\n<p>All three pathways are equally rigorous, they will have a common core of study and all are in pursuit of the CFA charter.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Portfolio_Management_Pathway\"><\/span>Portfolio Management Pathway<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The portfolio management pathway will have the new additional topic areas:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Equity Portfolio Management&nbsp;<\/li>\n\n\n\n<li>Fixed Income Portfolio Management&nbsp;<\/li>\n\n\n\n<li>Trading and Execution&nbsp;<\/li>\n\n\n\n<li>Case Studies&nbsp;<\/li>\n\n\n\n<li>Ethics in Portfolio Management<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Private_Wealth_Management_Pathway\"><\/span>Private Wealth Management Pathway<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Private Wealth Management Pathway will have the following additional topic areas:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Private Wealth Industry&nbsp;<\/li>\n\n\n\n<li>Client Management&nbsp;<\/li>\n\n\n\n<li>Wealth Structuring<\/li>\n\n\n\n<li>Investment Planning&nbsp;<\/li>\n\n\n\n<li>Ethics in Wealth Management&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Private_Markets_Pathway\"><\/span>Private Markets Pathway<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>This pathway will have the following additional topic areas&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Structures and Investment Processes&nbsp;<\/li>\n\n\n\n<li>Private Equity&nbsp;<\/li>\n\n\n\n<li>Private Debt&nbsp;<\/li>\n\n\n\n<li>Private Real Estate and Infrastructure&nbsp;<\/li>\n\n\n\n<li>Ethics in Private Markets&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Volume_of_Study_Materials_to_be_Reduced_at_Each_Level\"><\/span>3. Volume of Study Materials to be Reduced at Each Level<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Candidates often spend 300 hours or more preparing for each level of the CFA exam. To ensure that the content is efficient, accessible, and relevant while maintaining rigor and value, best practice in instructional design is being incorporated.&nbsp;Some introductory content that most candidates will have learned in their undergraduate programs is available for registered candidates but will not be tested.<\/p>\n\n\n\n<p>The CFA curriculum received major content updates and weight changes beginning in 2023.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Level_I\"><\/span>Level I<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The CFA level I curriculum received major updates in 2023 but subject area weights did not change from 2022. The curriculum now includes 73 learning modules instead of 60 readings in 2022. Learning modules are just the readings, divided into smaller, &#8220;easier-to-consume&#8221; sections. There are 543 learning outcomes compared to 532 in 2022. Below is a brief breakdown of the level one curriculum changes by topic.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Economics\"><\/span><em>Economics<\/em><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&nbsp;Features a new learning module, &#8220;Introduction to Geopolitics&#8221; which has four LOS.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Corporate_Issuers\"><\/span><em>Corporate Issuers<\/em><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Two new learning modules have been included, &#8220;Corporate Structures and Ownership&#8221; and &#8220;Business Models and Risks&#8221; each with three LOS.&nbsp;<\/li>\n\n\n\n<li>Some materials have been removed from the learning module &#8220;Introduction to Corporate Governance and Other ESG Considerations&#8221;.<\/li>\n\n\n\n<li>&#8220;Uses of Capital&#8221; has been renamed to &#8220;Capital Investments&#8221; and one new LOS has been added.<\/li>\n\n\n\n<li>&#8220;Sources of Capital&#8221; has been renamed to &#8220;Working Capital and Liquidity&#8221; and one new LOS added.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Derivatives\"><\/span><em>Derivatives<\/em><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The topic has been completely rewritten. It now features ten learning modules each with two or three LOS.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Alternative_Investments\"><\/span><em>Alternative Investments<\/em><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Used to have one reading but now has three learning modules.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Prerequisite_Knowledge_Adjustment\"><\/span><em>Prerequisite Knowledge Adjustment<\/em><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>The CFA&#8217;s latest updates also include prerequisite knowledge adjustment. Candidates registering for the 2024 CFA level I will be expected to have a basic understanding of the following common topics:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Economics&nbsp;<\/li>\n\n\n\n<li>Quantitative Methods<\/li>\n\n\n\n<li>Financial Statements&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>If you do not have a basic understanding of these concepts or you would like to review them, three new volumes have been introduced into the curriculum beginning in 2024. They are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Economics (Volume 2)<\/li>\n\n\n\n<li>Quantitative Methods(Volume 1)<\/li>\n\n\n\n<li>Financial Statements Analysis (Volume 3)<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Level_II\"><\/span>Level II<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>CFA level II received major updates in 2023. New readings have been added, some readings have been removed or rearranged and in place of readings, there are smaller easier-to-consume learning modules.&nbsp;<\/p>\n\n\n\n<p>New readings&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Cost of Capital: Advanced Topics&nbsp;<\/li>\n\n\n\n<li>Corporate Restructuring&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>Substantially rewritten readings<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Multiple Regression&nbsp;<\/li>\n\n\n\n<li>Financial Statements Modelling&nbsp;<\/li>\n\n\n\n<li>Real Estate Investments<\/li>\n<\/ul>\n\n\n\n<p>Readings that contain material changes for 2023<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Currency Exchange Rates: Understanding Equilibrium Value<\/li>\n\n\n\n<li>Economic Growth&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>Readings that were deleted for 2023<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Introduction to Linear Regression<\/li>\n\n\n\n<li>Capital Structure<\/li>\n\n\n\n<li>Mergers and Acquisitions&nbsp;<\/li>\n\n\n\n<li>Capital Budgeting&nbsp;<\/li>\n\n\n\n<li>Return Concepts&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Level_III\"><\/span>Level III<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>There were no changes in content for the level III 2023 CFA Curriculum. The only major change is in the exam format. Both sections of the exam now consist of randomly placed essay questions and item sets. This means that each section of the exam will have 11 questions which will either comprise six essay questions and five item sets or six item sets and five essay questions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_An_Improved_Digital_Badging_Strategy\"><\/span>4. An Improved Digital Badging Strategy<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This will come in handy for candidates on their CFA journey. It is a formal acknowledgment that candidates have completed CFA level I and II and will aid in their search for internship and full-time positions. It will speak to the candidate&#8217;s seriousness and commitment to a career as an investment professional. Improved digital badging will significantly improve the value of CFA level I and level II for candidates.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Additional_Practice_Materials\"><\/span>5. Additional Practice Materials<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Currently, candidates are allowed two mock exams from the CFA institute eight weeks before their exam window. It was determined that there is significant demand for more practice questions and mock exams from the CFA institute. As a result, when registration opens for February 2024 exams, candidates will get an opportunity to purchase the CFA Program Practice Pack which will include 1000 new practice questions and an additional six new level I mock exams.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6_Expanded_Eligibility_for_Level_I_Candidates\"><\/span>6. Expanded Eligibility for Level I Candidates<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Undergraduate students with two years (23 months) left in their undergraduate studies can now register for the CFA level I exam. This change boosts the career prospects of candidates and will help them secure internships and entry-level jobs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Shorter_Early_Registration_Periods\"><\/span>Shorter Early Registration Periods<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Also, coming with the CFA&#8217;s latest updates is the announcement by the CFA institute that the early registration period will be much shorter for the 2024 exam. The exact dates have not been provided yet but the February 2024 early registration will run for two months only between May and June. February 2023 early registration ran for three months between May and August.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>When preparing for your CFA exams, it is absolutely important that you keep your prep material up to date. If you must use previous years&#8217; material, be keen to avoid outdated trends and topics and concentrate on what will be tested in the exam.<\/p>\n\n\n\n<div style=\"background-color:#f5f5f5; padding:40px 25px; border-radius:18px; text-align:center; margin:40px 0;\">\n<a href=\"https:\/\/analystprep.com\/free-trial\/\" target=\"_blank\" style=\"display:inline-block; background-color:#1a73e8; color:#ffffff; padding:12px 30px; border-radius:999px; text-decoration:none; font-size:16px; font-weight:600;\">\nStart Free Trial \u2192\n<\/a>\n\n<p style=\"margin-top:24px; font-size:16px; line-height:1.7; color:#333333; max-width:760px; margin-left:auto; margin-right:auto;\">\nAccess updated CFA practice questions, mock exams, and study tools aligned with the latest curriculum changes and practical skills modules.\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The CFA Institute, the global association of investment professionals, announced significant changes to the CFA program. This comes as part of the institute&#8217;s continued efforts to enhance the program to meet the needs of its candidates and supply the industry&#8230;<\/p>\n","protected":false},"author":7,"featured_media":10817,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[70,73],"tags":[],"class_list":["post-10815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cfa","category-study-tips","blog-post","animate"],"acf":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/analystprep.com\/blog\/wp-json\/wp\/v2\/posts\/10815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analystprep.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analystprep.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analystprep.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/analystprep.com\/blog\/wp-json\/wp\/v2\/comments?post=10815"}],"version-history":[{"count":5,"href":"https:\/\/analystprep.com\/blog\/wp-json\/wp\/v2\/posts\/10815\/revisions"}],"predecessor-version":[{"id":15227,"href":"https:\/\/analystprep.com\/blog\/wp-json\/wp\/v2\/posts\/10815\/revisions\/15227"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/analystprep.com\/blog\/wp-json\/wp\/v2\/media\/10817"}],"wp:attachment":[{"href":"https:\/\/analystprep.com\/blog\/wp-json\/wp\/v2\/media?parent=10815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analystprep.com\/blog\/wp-json\/wp\/v2\/categories?post=10815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analystprep.com\/blog\/wp-json\/wp\/v2\/tags?post=10815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}