Fall 2020 QFI PM Syllabus Changes

Yesterday the SOA released the new QFI PM syllabus for Fall 2020. There are some fairly significant changes. In particular, Section 2 saw substantial changes as two new textbooks were swapped in. The Bluhm textbook was removed from the syllabus.

Tomorrow we will post the Section A materials (videos, detailed study manual) so that those wanting to get an early start can begin studying for Fall 2020. The remaining materials will be released on a rolling basis as described in the first spreadsheet file download in the seminar.

If you have any questions please let us know, and good luck on your exams!

ADD
1. QFIP-146-20: Private Debt in an Institutional Portfolio
2. New Textbook: Handbook of Credit Risk Management (Ch 1,4,5,9,16)
3. Next Textbook: Credit Risk Modelling, Bolder (Ch 1-4)
4. Liquidity Risk: Measurement and Management – A Practitioner’s Guide to Global Best
Practices, Matz, Leonard & Neu, Peter, 2006, Ch. 2
5. QFIP-148-20: IFRS 17 Insurance Contracts – IFRS Standards Effects Analysis, May 2017, IASB (sections 1, 2, 4, 6.1-2, and 7.1 only)
6. QFIP-149-20: PwC In depth A look at current financial reporting issues IFRS 17, Jun 2017
7. QFIP-150-20: IFRS 9 For Insurers
8.QFIP-151-20: Chapter 5 of Asset Liability Management for Financial Institutions, Tilman
9. QFIP-152-20: How Behavioral Biases Affect Investment Professionals
10. QFIP-153-20: Asset Allocation in a Low Yield Environment
11. QFIP-154-20: The Evolution of Insurer Portfolio Investment Strategies for Long-term Investing
12. Commercial Real Estate Analysis Ch 14

REMOVE
1. QFIP-100-13: Modeling of Mortgage Defaults, Jan 22, 2008, pp. 5- 38 (pp. 13-25 background only)
2. Bluhm textbook
3. QFIP-132-19: What is an Index
4. QFIP-115-13: IAA, Stochastic Modeling, Theory and Reality from and Actuarial Perspective., Section IV.A.1-8
5. QFIP-129-18: Equity Indexed Annuities – Downside Protection, But at What Cost?
6. QFIP-113-13: Secular and Cyclic Determinants of Capitalization Rates: The Role of Property Fundamentals, Macroeconomic Factors and “Structural Changes”
7. HOFIS Ch. 55, 66 & 67

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