Wild Thought: CFA Institute's Learning Ecosystem Got it RIGHT.

The CFA Institute's LES really is the Gold Standard for academic, asynchronous learning. It's offers practice questions that can be solved alongside lesson learning, an in-depth QBank that allows you to highlight, select confidence (if you thought you knew it or were guessing when you get it wrong) and refer to that lesson per question. 


If they implemented this type of structure for academic courses surrounding financial topics or even broader, in general, they could really make bank. I dislike some courses because I find video lecturers to either be too slow paced, or too fast paced and would much rather just read the content/transcript. This learning ecosystem is the perfect substitute for those lectures. 


Now, if they monetized the technology, separate of the brand/associate of CFA Institute, just imagine the wide-reaching effects: the ability to offer well-built, commoditized study material that could rival a Bachelor's or Master's in Finance (from a purely academic standpoint, excluding case comps/social interactions, etc.) is huge. 

I've used Couresra, LinkedIn Learning, that other one with the purple home page... I forget the name. And they all follow a similar structure: a series of video lectures followed by asynchronous activities/assignments. Very few of them have the ability to offer immersive content like this, and none of them have the same level of depth in concepts. 


So... if CFA Institute launched a "Rising Financial Professional" course or series of courses that tackled new concepts the CFA itself doesn't cover that thoroughly (like an entire M&A course or PE course, or Investment Banking course (including timeline of a transaction, anatomy of CIM, valuations, etc.), I truly believe it would be unrivaled in the modern EdTech landscape.
 

What are everyone's thoughts on this?


tl;dr - CFA Institute LES could be commoditized for more robust courses at Bachelor/Master level. 

 

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