Ifs exam structures

Main IFS Financial Services Regulatory Qualifications
Exam Structures

 

Exam Level Structure Duration
(hours) 
Recommended
study time
(hours)
Nominal
pass mark
(%)
CeFA
UK Financial
Regulation
CeFA/
CeMAP 
100 question
multiple choice
2 40-60 70 (Pass)
80 (Merit)
90 (Distinction)
Investments
and Risks
CeFA 40 multiple choice questions and 2
case study
scenarios
each comprising
5 multiple choice questions
1 40-60 70 (Pass)
80 (Merit)
90 (Distinction)
Retirement
Planning and
Protection
CeFA 40 multiple choice questions and 2
case study
scenarios each comprising
5 multiple choice questions
1 40-60 70 (Pass)
80 (Merit)
90 (Distinction)
Assessment of
Investment
Advice
Knowledge
CeFA 6 case study scenarios each comprising
10 multiple choice questions
2 40-60 70 (Pass)
80 (Merit)
90 (Distinction)
CeMAP
UK Financial
Regulation
CeFA/
CeMAP
100 question multiple choice 2
40-60
70 (Pass)
80 (Merit)
90 (Distinction)
Mortgages CeFA 100 question multiple choice 2 40-60 70 (Pass)
80 (Merit)
90 (Distinction)
Assessment
of Mortgage Advice
CeFA 6 case study scenarios each comprising 10 multiple choice questions 2 40-60 70 (Pass)
80 (Merit)
90 (Distinction)
 CeRER
Entry requirements:
   - CeMAP
   - CeFA Module 2 – Investments and Risks   
Equity Release CeRER Unit 1 - 50 question multiple choice
Unit 2 – 3 case study scenarios comprising 10 multiple choice questions
1 40-60 70 (Pass)
80 (Merit)
90 (Distinction)
AdvCeMAP     
Entry requirements:
   - CeMAP
     
Certificate in Regulated Customer Care Adv
CeMAP
75 question multiple choice 1.5  40-60  70 (Pass)
80 (Merit)
90 (Distinction)
Supervising in a Regulated Environment Adv
CeMAP
75 question multiple choice 1.5 40-60 70 (Pass)
80 (Merit)
90 (Distinction)
Regulated Complaints Handling Adv
CeMAP
Unit 1 - 50 question multiple choice
Unit 2 – 3 case study scenarios comprising 10 multiple choice questions
1


1
40-60 70 (Pass)
80 (Merit)
90 (Distinction)
Equity Release Adv
CeMAP
Unit 1 - 50 question multiple choice
Unit 2 – 3 case study scenarios comprising 10 multiple choice questions
1


1
40-60 70 (Pass)
80 (Merit)
90 (Distinction)
Alternative Residential Lending Adv
CeMAP
Unit 1 - 50 question multiple choice
Unit 2 – 3 case study scenarios comprising 10 multiple choice questions
1


1
40-60 70 (Pass)
80 (Merit)
90 (Distinction)
Commercial Mortgages Adv
CeMAP
Unit 1 - 50 question multiple choice
Unit 2 – 3 case study scenarios comprising 10 multiple choice questions
1


1
40-60 70 (Pass)
80 (Merit)
90 (Distinction)
Online material available from Wizard Learning

We currently provide online assessment packages for:
CeMAP1/CeFA1
CeMAP2
CeMAP3

Assessment Centre
Learning Academy
Monthly CPD