Welcome to the 2008 cFA exAm SeASon
What’s New: Level 3
LOS dropped from 2007: 173
LOS added in 2008: 57
LOS re-worded in 2008: 100+
351 LOS
In 2008, CFA Institute will provide each CFA candidate with a set of textbooks
[not study notes] containing an average of 3,495 pages. This overwhelming
volume of content leaves most candidates searching for a more efficient, focused,
and complete study plan.
Schweser Instruction and Study Tools are LOS-based, concise, and efficient—
keeping you engaged in the learning process. We recommend an active
study plan comprised of interaction with expert instructors, drill & practice
on thousands of questions, and retention tools to maintain top-of-the-mind
awareness of key concepts.
A neW BrAnd
Schweser continuously creates innovative financial education solutions—keeping
your needs and expectations for efficiency and focus at the forefront of all our
Study Solutions.
For 2008, we are bringing our online resources and support tools together under
one brand—Instructorlink™. The 2008 Premium Solution (retail $979) includes
access to all of the components in InstructorLink™, plus the Weekly Online
Program, SchweserPro™ QBank, Schweser Study Notes and QuickSheet™,
Practice Exams, Vol. 1&2, Online Kickoff Seminar and Study Planner, and free
Do-It-Yourself LOS cards.
InstructorLink™ (Online Resources & Support)
Premium Essential Study Notes Pack
Schweser Library (on-demand videos) partial access partial access
Exam-tips Blog (tips, strategies, and motivation)
Instructor-led Office Hours (weekly chats)
Searchable FAQs (answers to your questions)
Instructor Email Access (only with Weekly Online Program)
old cFA exAm QueStIonS
Practice Exams, Vol. 2, available in the 2008 Premium Solution (retail $979) or
Essential Solution (retail $579), will include an in-depth review of actual past
CFA Exam questions.
Instructor Email Access is included only when you choose the Weekly Online Program in the 2008 Premium Solution that offers a choice of Schweser
Instruction from the preferred Weekly Online Program or Multi-Weekend Online Program, Video CDs, or a 3-Day Seminar (in select locations).
What’s New: Level 1
LOS dropped from 2007: 82
LOS added in 2008: 100+
LOS re-worded in 2008: 100+
466 LOS
What’s New: Level 2
LOS dropped from 2007: 67
LOS added in 2008: 158
LOS re-worded in 2008: 50+
482 LOS
(continued)
chAngeS In the 2008 cFA currIculum
CFA Institute has once again significantly changed the CFA curriculum from the previous testing year. In anticipation of
these changes, Schweser instructors and content specialists have begun updating the 2008 Schweser Study Tools that will
begin shipping in late September.
Below is an outline of the changes to each level of the 2008 CFA curriculum.
level 1 curriculum changes
Over 40% of the Learning Outcome Statements for the 2008 Exam are either completely new (100+) or have been reworded
to varying degrees (100+). Furthermore, 14 new readings have been added, and 13 have been dropped.
level 2 curriculum changes
The Level 2 curriculum has changed by about 30%. A total of 19 new readings have been added, 5 readings have
been substantially revised, and 21 readings from 2007 have been dropped entirely. Alternative Investments are now
part of the Level 2 curriculum for the first year, and the number of Quantitative Methods and Portfolio Management
LOS have nearly doubled.
level 3 curriculum changes
The Level 3 curriculum has changed by about 35%. A total of 15 readings are either new or have been substantially
revised, and 22 readings from 2007 have been dropped entirely. In addition, the topic weightings have changed
significantly. Economics is now a part of Portfolio Management, and Quantitative Methods has been removed.
Due to these changes, it is vitally important for you to utilize the essential complement to the CFA reference materials:
2008 Schweser Study Solutions and Instruction. Up-to-date Study Solutions and expert Instruction provide the efficiency
and focus you need for success on the CFA Exam!
We look forward to working with you in 2008,
Schweser Faculty and Staff
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