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Hot topics for 2011 exam

I'm covering everything and not taking too many chances -

but what do people feel are likely topics for 2011?

Currency (hedging, risk etc)

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ethics...will definately be on there and will likely get an entire item set, maybe even 2.

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builders Wrote:
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> ethics...will definately be on there and will
> likely get an entire item set, maybe even 2.


:-) Surely not - it came up last year!

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is GIPS considered part of the 10% ethics weighting, or is considered a stand-alone topic?

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GIPS is horrible. Pure memorization...

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You should NEVER get into thinking you can "game" this exam...It is crucial that you have a phenomenal grasp of the L3 body of knowledge, espcially how to quickly integrate topics and concepts in order to answer the questions.

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only two things are certain, death and IPS.

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castle123 Wrote:
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> You should NEVER get into thinking you can "game"
> this exam...It is crucial that you have a
> phenomenal grasp of the L3 body of knowledge,
> espcially how to quickly integrate topics and
> concepts in order to answer the questions.


Disagree.

If you are writing L3 just for the learning, then by all means strive for that phenomenal grasp of all elements of the L3 curriculum.

However, if priority #1 is passing the exam, you would be wise to recognize that CFAI has favorite topics (IPS in particular) that are tested disproportionately heavily every year, and that you should devote a disproporionately large portion of your preparation time to those topics.

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Why wouldn't I be taking the CFA for learning?

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