Investopedia explains 'Body Of Knowledge - BOK'
Since the required core competencies and skill sets for almost any profession evolves and changes over the years, its body of knowledge has to be dynamic, in order to incorporate new information and techniques, and maintain the relevance of the curriculum.
In the investment world, one of the best-known examples of the body of knowledge is that of the Chartered Financial Analyst, or CFA, program. The CFA program's Candidate Body of Knowledge (CBOK) is determined by getting input from CFA Institute members and employers, on current best practices and projected future trends in the investment profession. The CBOK encompasses 10 knowledge domains grouped into four broad areas: ethical and professional standards, investment tools, asset classes, and portfolio management and wealth planning.
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