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ST1 vs SP1

Discussion in 'SP1' started by Camdown, Sep 24, 2018.

  1. Camdown

    Camdown Keen member

    Hi everyone,

    I would like to know whether there will be any significant changes in SP1, in terms of study material, syllabus & exam structure, as compared to current ST1?
  2. Anna Walklate

    Anna Walklate ActEd Tutor Staff Member


    Subject SP1 is largely the same as Subject ST1.

    There are a number of fairly minor changes to the Core Reading and ActEd materials, and three more significant ones:

    (1) Chapter 17, Section 1 - The section on IP pricing has been reduced and no longer contains formulae.

    (2) Chapter 20, Section 2 - The section on valuing options has been rewritten. The Core Reading no longer makes explicit reference to the conventional and North American methods, although these methods are still covered implicitly under a more general (cashflow) approach.

    (3) Chapter 30 - A new chapter has been added on problem solving. There is very little new Core Reading on this as problem solving is a skill rather than something to learn by reading, however, the new chapter discusses how you might go about solving problems.

    More details of these changes, plus changes to the syllabus will be provided in the CMP Upgrade, which will be available from the ActEd website in due course.

    I hope this helps.

    Last edited: Sep 25, 2018
  3. kl1215

    kl1215 Made first post

  4. Mark Willder

    Mark Willder ActEd Tutor Staff Member

    We don't have anything exactly like this I'm afraid. However, the ASET and Revision Books are updated each year for any changes to the syllabus or Core Reading. Revision books break down the past exam questions into broad groups. ASET contains a grid of past exam questions broken down by chapter.

    I've had a look through the past ST1 questions. The only question that jumped out at me as being unsuitable today is September 2011 Q1(i). This question covered the Groupe Consultatif reserving principles. These principles are no longer on the syllabus. They were examined frequently in ST2, but this is the only question I spotted in ST1.

    Good luck with your studies.

  5. kl1215

    kl1215 Made first post

    Cheers - thanks Mark!
  6. Amit_P

    Amit_P Made first post

    Any additional reading required for SP1?
  7. Mark Willder

    Mark Willder ActEd Tutor Staff Member

    No, there isn't any additional reading for SP1. There should be plenty for you to read in the Course Notes.

    Best wishes


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