Is the IMC exam hard?

Is the IMC exam hard?

We follow a consistent process to ensure all exams have an equivalent level of difficulty. The pass mark for the IMC Unit 1 examination is between 65% and 75%; for the IMC Unit 2 examination it is between 65% and 75%. Exams consisting of harder questions will have a relatively lower pass mark and vice-versa.

What is the IMC certificate?

What is IMC? The IMC is the benchmark entry-level qualification into the UK investment profession. The examinations cover the key content areas appropriate for these roles including economics, accounting, investment practice, regulation, and ethics. The qualification is developed, delivered and awarded by CFA UK.

How long does the IMC qualification take?

How long does the IMC qualification take? According to the body that administers the IMC in the UK, the CFA Society, part one takes around 80 hours of study, with part two taking approximately 120 hours. So together it amounts to 200 hours.

What is the IMC pass rate?

IMC Exam Pass Rates & Pass Marks On average, IMC Unit 1 and Unit 2 have pass rates of 65%-80%, which is expected for a foundation course to investment management. To pass the examination, candidates need to achieve an overall pass mark/score regardless of where the marks were distributed throughout the examination.

Does IMC expire?

How long do I have to complete my IMC exam(s)? From the date of initial registration you will have one (1) year to sit your exam. After that, your registration will expire and you will have to re-register. If you register for both units on the same day, you will have one (1) year to sit both exams.

Do you need IMC to do CFA?

The application process is available once a candidate has passed IMC Unit 1: The investment environment. The FCA does not require those who have passed all three Levels of the CFA Program to pass Unit 2 of the new (level 4) IMC to become RDR compliant; IMC Unit 1 + CFA Level III is sufficient.

Can you put IMC after your name?

Active members can use the relevant designation after your name to showcase your qualification: Active CFA UK members who hold the Associate exam can use the designation ASIP. Active CFA UK members who hold the Investment Management Certificate can use the designation IMC.