Learning Targets
AFM Certification syllabus is divided into four parts, including Part 1 Foundation, Part 2 Personal & Family Financial Planning, Part 3 Corporate Finance, and Part 4 Private Wealth Management. Part 3 and Part 4 are for extension learning and not tested in AFM exams.
Part 1 Foundation: Introduction of Financial Planning (5%), Economics (18%), Finance (17%), Basics of
Financial Management (15%), Basics of Quantitative Methods (15%), Basics of Taxation (15%), and Basics of
Civil Law (15%)
Part 2 Personal & Family Financial Planning: Planning of Housing Consumption (10%), Planning of Children's Education (10%), Planning of Retirement & Pension (10%), Planning of Insurance (15%), Planning of Investment (15%), Planning of Taxation (10%), Planning of Wealth Management & Inheritance (10%), Management of Personal Health (10%), and Planning of Insurance Trust (10%)
Part 2 Personal & Family Financial Planning: Planning of Housing Consumption (10%), Planning of Children's Education (10%), Planning of Retirement & Pension (10%), Planning of Insurance (15%), Planning of Investment (15%), Planning of Taxation (10%), Planning of Wealth Management & Inheritance (10%), Management of Personal Health (10%), and Planning of Insurance Trust (10%)
Application Requirements
Those who have obtained required credits after recognized training can apply for the exam and can apply for the certificate upon passing the exam and meeting any of the following requirements.
- High school diploma, Associate’s degree or equivalent, with 5 years working experience in related fields
- Undergraduate or equivalent, with 3 years working experience in related fields
- Bachelor degree or equivalent, with 2 years working experience in related fields
- Master's degree or equivalent, with 1 year of working experience in related fields
- Doctoral degree or equivalent
Exam Overview
- Date: Exams are held on the sencond Saturday of February, May, Augest and November every year.
- Time: 9:00 AM to 11:00 AM; 14:00 PM to 16:00PM
- Form: Computer-based exam with 200 questions
- Questions: Multiple-choice question; Multiple-choice question with more than one answers; and case study
- Fees:First Exam Fee 65 USD, Re-take Exam Fee 15 USD, Re-Certification Fee 45 USD
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Exam result: Exam results are published approximately 4 weeks after a candidate takes the exam, and the exams are scored with 'passed' or 'failed', and the minimum passing benchmark for each exam is set by iGAAS Institute and GIFP Institute. The purpose of this approach is to ensure fairness to candidates across administrations based on the difficulty of each test, and iGAAS Institute and GIFP Institute do not release the minimum passing benchmark.