Cookies on the PFS website

By using and browsing the PFS website, you consent to cookies being used in accordance with our policy. If you do not consent, you are always free to disable cookies if your browser permits, although doing so may interfere with your use of some of our sites or services. Find out more »

Personal Finance Society
Recently added to my basket
Sorry but there was an error adding this to your basket. Please try adding it again

Completion Requirements

To complete the Certificate you need to obtain 60 CII credits by passing four compulsory units: R01 or CF1, R02, R03 and J09. 

Units Credits and level  Study hours per unit * Assesment method Exam sessions Nominal pass mark ** Results notification
R01 20 - Level 4 60 2 hour exam comprising 100 multiples choice questions (MCQs) Year-round 65% Immediate notification of results
CF1 15 - Level 3 60 70%
R02 20 - Level 4 60 65%
R03 10 - Level 4 50 1 hour exam comprising 50 MCQs 65%
J09 30 - Level 4 100 3 written coursework assignments,each typically 2,000 to 3,000 words 65% 8 weeks

The requirements to pass units R01, R02 and R03 can also satisfied by the following withdrawn CII units:

  • R01 = (FP1) financial services and their regulation;
  • R02 = (J06) Investment principles, markets and environment or (G70) Investment portfolio management; and
  • R03 = (J01) Personal tax.

* 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.