Assessment

Im Looking For
Chartered Banker Upcoming Events ICA
Ethical Finance ASEAN 2024 — Scaling Up Sustainable Finance
Ethical Finance ASEAN 2024 — Scaling Up Sustainable Finance
Exclusive: Build and Experience Small Successes
Exclusive: Build and Experience Small Successes
Moving Beyond Pledges
Moving Beyond Pledges
Qualifications fmam herobanner desktop

FINANCIAL MARKETS ASSOCIATION OF MALAYSIA (FMAM) PROGRAMMES

A. Assessment Structure

Investor Protection Professional Certification (IPPC)

Click here to view the assessment structure.

Pasaran Kewangan Malaysia Certificate (PKMC)

Click here to view the assessment structure.

INVESTOR PROTECTION PROFESSIONAL CERTIFICATION (IPPC)

a. Examination Format

Question Format

Independent multiple-choice questions (MCQs)

No. of Questions

80

Examination Duration

2 hours

Passing Mark

70%

Examination Delivery

Closed book. Online examination

b. Grade Bands

Results will be expressed in the following grade bands:

Grade Band

Marks (%)

Pass

70 – 100

Fail 1

60 – 69

Fail 2

40 – 59

Fail 3

20 – 39

Fail 4

0 – 19

c. Four study areas will be assessed

Section 1 – Market Structure
Section 2 – Law & Regulations
Section 3 – Know-Your-Client and Financial Needs Analysis
Section 4 – Products

d. Time Limit

Candidates are given two (2) years upon enrolment to complete the IPPC programme (effective 1 March 2024).

Pasaran Kewangan Malaysia Certificate (PKMC)

a. Examination Format

Module IModule II–IV
Question FormatIndependent multiple-choice questions (MCQs)Part A: Independent MCQs
Part B: Case-based MCQs
No. of Questions100 MCQs (1 mark for each question)Part A: 60 independent MCQs
(1 mark for each question)
Part B: 20 case-based MCQs
(2 marks for each question)
Examination Duration2½ hours
Passing Mark75%
Examination DeliveryClosed book. Online examination

b. Grade Bands

Results will be expressed in the following grade bands:

Grade BandMarks (%)
Pass75 and above
Fail 165 – 74
Fail 250 – 64
Fail 330 – 49
Fail 429 and below

c. Time Limit

Candidates are required to pass all 4 modules within 2 years of admission as a member of PPKM, failing which their memberships will be terminated by PPKM and any module passes gained will be nullified.

d. Award Requirements

Candidates are required to complete all 4 modules within the 2-year time limit to be awarded the Pasaran Kewangan Malaysia Certificate.

e. Award Categories

  1. A Certificate with Distinction will be awarded to candidates who pass all four modules on their first attempt at the examinations (within the first validity cycle) with a minimum score of 85% for each module.
  2. A Certificate with Pass will be awarded to candidates who pass all four modules but fall outside the category of Distinction.

f. Prizes for Outstanding Performance

  1. Each year, a prize for each module will be awarded to the candidate who achieves the highest mark in the module on the first examination attempt, where the mark achieved must be 90% or above. If more than one candidate achieves the same mark, each candidate is eligible for the prize.
  2. Each year, a prize will be awarded to the candidate who completes the PKMC examinations in one and on the first attempt, and achieves the highest aggregate mark for all the modules with a minimum of 90% for each of the modules. If more than one candidate achieves the same mark, each candidate is eligible for the prize.
  3. The prizes are sponsored by ACI-FMAM. The monetary value of the prizes is:

Module prize

RM2,000

Excellence Award

RM2,000

Back To Top