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The courseware for V-Ray 5 version covers three main chapters with the following topics:

Smart Improvements
- Adaptive Dome Light & Auto Exposure and WB
  - Adaptive Dome Light
  - Auto Exposure and WB
- NVIDIA AI Denoiser
GPU Improvements
New and Improved Features
- New Hair Shader
- Denoiser Improvements
  - Denoise render elements
  - Standalone Denoiser Improvements
- Lighting Analysis
- Metalness
- Improved Viewport IPR and Debug Shading
  - Debug Shading
  - Viewport IPR Color Corrections
- Improved Lens Effects
- Rolling Shutter
- Memory Tracking
- Toon Shader

V-Ray for 3ds Max > V-Ray 5 > Masking_in_VFB (1).png