FPC EXAMS


Z

zahire khan

How good are the FPC exams and what is their reputation in the finance
world?

Are they easy to pass? and worth passing?

Thanks
ZK
 
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S

Stephen Burke

zahire khan said:
How good are the FPC exams and what is their reputation in the finance
world?

Are they easy to pass? and worth passing?
They are an essential minimum if you want to work as any kind of financial
advisor. I don't have personal experience, but I seem to remember them being
described as similar to an A-level in difficulty.
 
G

GSV Three Minds in a Can

from the said:
They are an essential minimum if you want to work as any kind of financial
advisor. I don't have personal experience, but I seem to remember them being
described as similar to an A-level in difficulty.
No, they're =way= easier than A-level. Multiple choice, for a start. I
didn't find them any trouble at all, despite being 30 years out of date
at passing tests.
 
R

Robin Graham

As the man said, all questions are easy if you know the answers.

Rob Graham
 
L

Laura

GSV Three Minds in a Can said:
No, they're =way= easier than A-level. Multiple choice, for a start. I
didn't find them any trouble at all, despite being 30 years out of date
at passing tests.
I took all three of them last year - somewhere between GCSE and A-Level in
difficulty, but tending towards the GCSE. You won't have any trouble! Just
get your exam technique right for FP3, as you need to make sure that you
state the obvious.

Laura
 
G

GSV Three Minds in a Can

from the said:
I took all three of them last year - somewhere between GCSE and A-Level in
difficulty, but tending towards the GCSE. You won't have any trouble! Just
get your exam technique right for FP3, as you need to make sure that you
state the obvious.
FP3 is notable harder than the other two .. however none of them come
close to (old style) A-levels, IMO. A few weeks study required, as
opposed to 1 or 2 years.
 
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J

john boyle

GSV Three Minds in a Can said:
No, they're =way= easier than A-level. Multiple choice, for a start. I
didn't find them any trouble at all, despite being 30 years out of date
at passing tests.
Are they all multiple choice?
 
T

Timothy Lee

Stephen said:
They are an essential minimum if you want to work as any kind of financial
advisor. I don't have personal experience, but I seem to remember them being
described as similar to an A-level in difficulty.
Really?

They seemed pretty straight forward to me.

There are three papers in the FPC, two multiguess and the third is case
studies, as long as you study the relevant course material and try some
sample/past papers so you know what the examiners want it should be
fine.
 
T

Timothy Lee

GSV Three Minds in a Can said:
FP3 is notable harder than the other two .. however none of them come
close to (old style) A-levels, IMO. A few weeks study required, as
opposed to 1 or 2 years.
Personally I found no 2 harder, just because it required more knowledge
I think, whereas no 3 was more common sense I thought.
 
G

GSV Three Minds in a Can

from the said:
Personally I found no 2 harder, just because it required more knowledge
I think, whereas no 3 was more common sense I thought.
#3 actually requires some writing ability though, since (iirc) it was
mostly, if not entirely, a case study that you had to write up, rather
than a 'tick the box, multiple choice'.
 
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J

john boyle

GSV Three Minds in a Can said:
#3 actually requires some writing ability though, since (iirc) it was
mostly, if not entirely, a case study that you had to write up, rather
than a 'tick the box, multiple choice'.
Phew, thats a relief. Its years since I did them but you saying earlier
that they were multiple choice made think that either Id gone mad or
they had gone much easier.

They are nowhere near A level standard I reckon, but part 3 needs you to
have the ability to be a good adviser, and some do and some dont.
 

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