CFA Exam Looks to Digital Future Prompted by Covid-19

The video discusses the unprecedented deferral of exams and the logistical challenges of conducting them safely in December, using smaller centers worldwide. It highlights the CFA curriculum updates, including more derivatives, data science, and natural language processing. The importance of refresher readings is emphasized. The video also covers ESG investing, focusing on standardizing disclosure standards and best practices for investment professionals.

What was the significant change in the CFA exam process mentioned in the first section?

• The exam duration was shortened.

• The exam was moved to a new location.

• The exam was made open book.

• The exam was deferred for the first time.

How did the CFA Institute plan to offer more flexibility to candidates in 2021?

• By offering exams in multiple languages.

• By reducing the number of exam topics.

• By allowing candidates to choose exam dates.

• By introducing computer-based testing.

What new topics are being added to the CFA curriculum according to the second section?

• Introduction of new languages.

• More focus on traditional finance.

• Emphasis on historical market trends.

• Inclusion of more derivatives and data science.

What is the purpose of the refresher readings mentioned in the second section?

• To give insights into exam grading.

• To offer practice questions for exams.

• To update candidates on new curriculum content.

• To provide historical market data.

What is the goal of the ESG disclosure standards discussed in the third section?

• To increase investment in ESG funds.

• To standardize the disclosure of ESG fund characteristics.

• To reduce the number of ESG funds.

• To eliminate ESG investing.