We expect the syllabus (learning objectives) for ST9 to remain largely unchanged for the 2012 exams (when compared to the current 2011 syllabus). However, the Core Reading and choice of textbooks will be updated (e.g. McNeil and Chapman will be replaced by a new textbook, yet to be published). Further information will be added to this thread once it becomes available.
From the link: Where does this leave people sitting the course in Sept 11? It it worth spending time on McNeil / Chapman if they are going to be replaced? Will there be a reduced rate for the replacement book for resitters? Why isn't Lam being replaced? what I've read so far of it hasn't been that great, and its slightly egotistical in places.
This doesn't affect those sitting in September 2011. The Sept exam is based on the existing syllabus and textbooks - so if you are planning to sit in Sept, then yes it is worth spending time on them. Unfortunately if you are unsuccessful in Sept, it is the new text that will examinable from 2012. If you need to resit, your learning from Chapman and McNeil will not be wasted - the new textbook covers much the same material (better). Chapman and McNeil will still help you understand ERM better - they will just not be directly examinable. At ActEd we have not looked at our pricing yet - but for now assume it would be the same price as listed on Amazon. Lam is a useful text. It gives a good introduction to ERM principles and, importantly, is not limited to financial services. While not perfect, it is easy reading and can help get you rapidly into the subject. Overall, the ST9 tutors believe the changes in texts will improve students' experience studying ST9 and make it a better course. Unfortunately this doesn't help anyone taking it over the summer if they end up resitting in 2012 from the new textbook.
