{"id":119,"date":"2020-07-27T01:46:55","date_gmt":"2020-07-26T17:46:55","guid":{"rendered":"http:\/\/project-pwma-uat.ltworkshop.com\/?page_id=119"},"modified":"2021-08-06T17:01:06","modified_gmt":"2021-08-06T09:01:06","slug":"syllabus-and-examinations","status":"publish","type":"page","link":"https:\/\/www.pwma.org.hk\/en\/ecf\/syllabus-and-examinations\/","title":{"rendered":"Syllabus and Examinations"},"content":{"rendered":"\n
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The ECF contains two modules \u2013 Module 1 on Technical, Industry and Product Knowledge and Module 2 on Ethics and Compliance. Please refer to \u201cDetailed Syllabus\u201d<\/a> for information on the detailed syllabus for Module 1 and Module 2.<\/p>\n<\/div>\n\n\n\n

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The table below highlights the requirements of ECF:<\/strong><\/p>\n\n\n\n

<\/td>Module 1<\/strong>
Technical, Industry
and Product Knowledge<\/td>		Module 2<\/strong>
Ethics and Compliance<\/td>		Total<\/strong><\/td><\/tr>
Training Hours<\/strong><\/td>20 hrs<\/td>12 hrs<\/td>32 hrs<\/td><\/tr>
Examinations<\/strong><\/td>Financial Instruments (Paper 1) \u2013 1 hr 20 min

Wealth Management (Paper 2) \u2013 1 hr 40 min<\/td>		1 Paper \u2013 1 hr<\/td>4 hrs <\/td><\/tr>
Examination Format<\/strong><\/td>Paper 1: Multiple Choice
Paper 2: Multiple Choice + Structured Question<\/td>		Multiple Choice<\/td><\/td><\/tr>
Passing Mark<\/strong><\/td>70%<\/td>70%<\/td><\/td><\/tr>
Language<\/strong><\/td>English and Chinese<\/td>English<\/td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

The Training Hours are in-class training hours.
The PWM practitioners can opt to attend class lectures or undertake self-study.<\/p>\n<\/div>\n<\/div>\n\n\n\n

Updates on Revised Syllabus for CPWP Module 1<\/strong><\/p>\n\n\n\n

Please note that updated syllabus for the CPWP Module 1 Examination has been released in December 2020 for Paper 1 and February 2021 for Paper 2. The topics reflecting changes in the revised syllabus for Paper 1 & 2 in comparison with the previous version are summarized in the below table:<\/p>\n\n\n\n

Paper<\/strong><\/td>Previous Topics<\/strong><\/td>Revised Topics<\/strong><\/td>Changes<\/strong><\/td><\/tr>
Paper 1: Financial Instrument<\/td>Topic 2: Fixed Income Investments
Topic 3: Equity Securities
Topic 4: Foreign Exchange<\/td>		Topic 1: Basic Products: Fixed Income Investment; Equity Securities and Foreign Exchange<\/td>Re-organized<\/td><\/tr>
<\/td>Topic 5: Derivatives
Topic 6: Structured Products<\/td>		Topic 2: Derivatives and Structured Products<\/td>Re-organized<\/td><\/tr>
<\/td>Topic 7: Alternative Investments
Topic 8: Unit Trust and Investment Funds<\/td>		Topic 3: Investments Solutions: Unit Trusts, Investment Funds and Alternative Investments<\/td>Re-organized and supplement<\/td><\/tr>
<\/td>Topic 11: Portfolio Management & Practices Theories<\/td>Topic 4: Portfolio Management – Theories and Practices<\/td>Re-organized and supplement<\/td><\/tr>
<\/td>Topic 9: Lending and Leverage<\/td>Topic 5: Lending and Leverage<\/td>Re-organized and supplement<\/td><\/tr>
Paper 2: Wealth Management<\/td>Topic 10: Wealth Planning<\/td>Topic 6: Wealth Planning<\/td>Re-organized and supplement<\/td><\/tr>
<\/td>Topic 12: Behavioral Finance<\/td>Topic 7: Behavioral Finance<\/td>Re-developed<\/td><\/tr>
<\/td>Topic 14: Customer Relationship Management<\/td>Topic 8: Customer Relationship Management<\/td>Re-developed<\/td><\/tr>
<\/td>Topic 1: Overview of PWM Industry, Products & Services<\/td>Topic 9: Overview of PWM Industry<\/td>Re-organized<\/td><\/tr>
<\/td>Topic 13: Mainland China and Asia-Pacific Financial and PWM Markets<\/td>Topic 10: Overview of PWM Markets: Hong Kong, Mainland China and Asia-Pacific<\/td>e-Seminars<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The ECF contains two modules \u2013 Module 1 on Technical, Industry and Product Knowledge and Module 2 on Ethics and Compliance. Please refer to \u201cDetailed Syllabus\u201d for information on the detailed syllabus for Module 1 and Module 2. The table below highlights the requirements of ECF: Module 1Technical, Industryand Product Knowledge Module 2Ethics and Compliance […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":110,"menu_order":32,"comment_status":"closed","ping_status":"closed","template":"","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.pwma.org.hk\/en\/wp-json\/wp\/v2\/pages\/119"}],"collection":[{"href":"https:\/\/www.pwma.org.hk\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.pwma.org.hk\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.pwma.org.hk\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pwma.org.hk\/en\/wp-json\/wp\/v2\/comments?post=119"}],"version-history":[{"count":29,"href":"https:\/\/www.pwma.org.hk\/en\/wp-json\/wp\/v2\/pages\/119\/revisions"}],"predecessor-version":[{"id":4468,"href":"https:\/\/www.pwma.org.hk\/en\/wp-json\/wp\/v2\/pages\/119\/revisions\/4468"}],"up":[{"embeddable":true,"href":"https:\/\/www.pwma.org.hk\/en\/wp-json\/wp\/v2\/pages\/110"}],"wp:attachment":[{"href":"https:\/\/www.pwma.org.hk\/en\/wp-json\/wp\/v2\/media?parent=119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}