Changed in Level 2 Curriculum - 2011 & 2012

[londonpool]

As I will be retaking L2 in 2012, these are my key differenced noted between old and new LOS. Is there any I missed out?
There seems to be less material in 2012 compared to 2011 overall. As I will be using 2011 textbooks and 2012 ebook, will need to alter the studying pattern slightly.
Not in 2012 Curriculum
Exchange Rate and Balance of Payment (Economics)
Mergers and Acquisition - US Antitrust Legislations
Equity: Markets and Instruments - order/price driven markets, tax on investments, ADRS, international ETFS, etc
Equity: Concepts and Techniques - country/ industry analysis, ratio analysis, franchise value model, inflation asset valuation, etc
Market Based Valations - using stock screen in Investment Management
Investing in Commodities
Hedge Fund Performance Evaluation
Evaluation and Managing Risks of Hedge Funds
Liquidity Conundrum - Concept of Liquidity, Minsky “financial instability hypothesis”, etc
New in 2012 Curriculum
Investing in Hedge Funds (A Survey) - Hedge Fund strategies, factor models, portfolio analysis, etc

 

[guptalalit_43]

actually the exact differences in LOS and readings are summarized well at finquiz.com site. they have prepared this differences document and is uploaded on their site.

 

[mistablair]

Am I reading that correctly? Only one new section and they eliminated several? Lucky us.

 

[Clark_CFA_Candidate]

Here you go:
http://www.analystforum.com/comment/91314919#comment-91314919

 

[Thecodont]

yes, but balance of payments showed up in 2 sections in 2011. Now it shows up in one so you still need to know it. Same is true for the exchange rate items. They are all in reading 18