Financial Planning exams -FP1, FP2, FP3?

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Reply 20

Realist101

50,000 questions and answers oh my

Reply 21

CityMonkey

I heard something like 20% of analyst fail it the first time round.

Reply 22

Montana

People are confusing the SII Certificate and the SII Diploma.
The Level 3 Certificate in Investments can be done in 1/2 months and it will cost 600 pounds (300 for the material + 300 for the exams).

SII diploma is the next step. Not needed at entry level.

25% fail the first module and 35% fail the other one. A lot of revision, but after university this should be okay.

50 thousand questions?

Reply 23

Realist101

£600 if one is to that if you fail how demoralising is that

Reply 24

Montana

If you fail, then you do it again. 100-170 quid for an extra exam.

Reply 25

President_Ben

50,000 possible questions (or so). You randomly take one of eight exam papers (which each has some number of those questions - not sure how many. It is multiple choice...

Reply 26

Montana

Yeah I know since I took it.
The trouble with the random questions is that you haven't got a clue from the material you start with. I did it with 7City and the questions in the exam were nothing like the "mock" questions I prepared for.

The real trick they like playing with you is adding these complete random questions (you don't have to answer them) right at the beginning, seeing if the person will panick since he will think he has not prepared well for the exam.