Client Advisor Competency Standards (CACS) Paper 2 - Industry & Product Knowledge
The CACS Series is for persons who wish to work in the Wealth or Private Banking industry.
New Syllabus (commenced 1 Feb 2019)
- Portfolio Management Process
- Macroeconomic Analysis
- Foreign Exchange Analysis
- Fixed Income Analysis and Strategies
- Equity Analysis and Strategies
- Funds Solutions
- Alternative Investments
- Structured Products
- Credit and Leverage
About the Exam
- 80 MCQs (computer-based)
- Including about 40% questions involving calculations
- Duration: 2.5 hours
- Passing score: 70%
- Exam Fee: $330/$400 (Member/Non-Member) $20 off if subsequent attempt.
From 1 January 2019, CFA Charterholders are exempted from CACS Paper 2. Covered Persons will still need to pass CACS Paper 1 to be deemed to have completed the CACS Assessment.
Since 2019, all IBF exams will come with Multiple-Response questions. They are questions which require you to choose more than one option (with a hint what's the maximum you should choose) in order to score correctly. Such questions are more difficult than those that come with 4 fixed combinations (e.g. "I & II only", "II, III, IV"). Click here to read IBF's exam FAQ.
- 840 unique practice (mock exam) questions in all packages
- 6 Hrs of E-Learning tutorial video content offered in Success package or higher - Infinite practice questions involving math formulas via patent-pending Mathathon, offered in Elite package or higher
A recommended study time of 51 Hrs is recommended to prepare for this exam.
Up to Date, Latest Edition
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Exam Prerequisites / Resitting
There is no prerequisite to take this exam. You may also retake it immediately and with no restriction as to the number of times you take it before you pass.
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