The CFA Institute and Toronto CFA Society opened the market at Toronto Stock Exchange on Thursday to celebrate the launch of the updated CFA Institute Global Body of Investment Knowledge (GBIK).

The GBIK is the comprehensive outline of knowledge for the investment profession and is used by CFA Institute and its member societies to guide those in the global finance industry in meeting their continuing education needs.

The GBIK includes mainstream and frontier concepts based on research that has been, or is still being debated and may encompass views well outside the mainstream. It serves as a guide to all CFA Institute lifelong learning activities including publications, conferences, webcasts, etc., and is the benchmark for the CFA Program Candidate Body of Knowledge, which represents the core knowledge, skills, and abilities required for CFA candidates.

The CFA Institute also uses the GBIK to develop specialty bodies of knowledge for its members practicing in specialty areas such as private wealth management and investment performance measurement.

“The Global Body of Investment Knowledge is unique because it is based on investment professionals’ practical lifelong learning needs rather than theory,” said Tom Robinson, managing director of education at CFA Institute.

“It was developed by investment practitioners for investment practitioners and will be continuously revised to ensure CFA Institute education content applies to the real world.”

IE