I an't speak for exercise physiology, but just finished my first semester of PT (4-year internationally recognised university-level course) and I can tell you what we've done so far.
They have smashed us with the tough stream of anatomy (go into more detail next semester, then neuroanatomy first semester second year), the tough stream of physiology (again, more detail next semester and even more detail first semester next year) a fluff course not worth mentioning and physiotherapy studies. This is in three parts - clinical skills (length and strength testing, passive movement programs etc), clinical reasoning which is extrapolating from patient data exactly what is wrong and the best treatment and probable prognosis, and biomachanics, which is physics applied specifically to the human body.
Bear in mind this is first semester first year.
It's a very intensive course and I was surprised at how much anatomy and especially physiology we do. In the end we will be experts in both - apparently this part of the course is the same as MDs, with biomechanics in place of pathology (although we cover pathology in some detail in physiology). I know MDs have it much tougher than us, but in terms of anatomy specifically we receive the same exact training and graduate with the same level of knowledge.