The FCA Exam – UK Financial Regulations (CISI Exam Board Certification) is required for all analysts and finance professionals in the UK who carry out regulated activities in securities; it also provides those advising and/or dealing in securities with the knowledge and skills required for their job roles. Most newly joined analysts only have 7-10 days when they start at their desk to prepare and pass this exam, which is very rushed and hence increase the risk of failing. As a result, the passing rate, according to CISI statistics, is only 81%. (Statistic Source) The 19% who failed risks embarrass themselves as well as their bosses. In addition, the stress multiplied as they need to take valuable time out of their first few months at the desk to resit repeatedly until they pass. This exclusive course of ours ensures you have an early access (for months in advance) to adequately prepare. Such early access to the video lessons, downloadable materials, as well as sample exam papers and questions will ensure you will certainly pass your exam in the first sitting.
This multiple-choice question exam is computer-based, consists of 75 questions and lasts 1.5 hours. CISI Exam Board recommends a minimum of 90 hours of study. Your exam also may contain 10% additional trial questions according to CISI.
Pass Mark / Pass Rate
The current pass rate for this exam according to CISI is 81% (means a failure rate of 19%). (Statistic Source) The pass mark is 70%. The exam grades are as follows:
- Pass (70 – 100 marks)
- Marginal Fail (60 – 69 marks)
- Fail (0 – 59 marks)
No information about resits disclosed by CISI.
The course includes all written contents (required readings/manuals etc.) as well as all video lessons for each topic. The course also includes a number of mock exams and their questions and answers.