hi how much is it expected the sp5 syllabus to differ compared to st5? what chaps is it expected to change the least? thanks
You can see the syllabus for SP5 here ... https://www.actuaries.org.uk/studying/curriculum-2019/investment-and-finance You can see that there are quite a few changes to the instruction / command words. However, the topics covered are largely unchanged, with the main deletion of content being in section 5 (e.g. the removal of mergers & acquisitions). The most significant changes to the core reading are: removal of some material under 'The Theory of Finance' section (e.g. mergers and acquisitions) addition of some additional material on behavioural finance extensive new material on portfolio theory.
Just trying to play what exam combination to take for April - can you advise how many chapters are in SP5?
