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Personal Finance Society
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Completion Requirements

To complete the Certificate you need to obtain 50 CII credits by passing three compulsory units: R01 or CF1, CF6 and ER1.

Units Credits and level  Study hours per unit ** Assesment method Exam sessions Nominal pass mark *** Results notification
CF1 15 - Level 3 60 2 hour exam comprising 100 multiples choice questions (MCQs) Year-round 70% Immediate notification of results
R01 20 - Level 4 60 2 hour exam comprising 100 MCQs 65%
CF6 * 20 - Level 4 70 3 hour exam comprising 100 MCQs and 5 case studies, each comprising 5 MCQs 70%
ER1 15 - Level 3 70 2 hour exam comprising 50 MCQs and 5 case studies, each comprising 5 MCQs 70%

* Holders of the withdrawn CII unit '(MAQ) Mortgage Advice Qualification' satisfy this requirement.

** The recommended minimum study hours shown below will vary according to your experience and ability. 

*** The nominal pass mark is shown, however, the actual pass mark may vary from one session to another to ensure that the pass standard remains constant.