Overview of IMC mock exam
The IMC examinations contain a large number of learning outcomes. The objective of the mock exams is to provide guidance on the structure of the exam and the way in which questions are positioned and asked. They should NOT be viewed as a primary source of learning. By its nature, a mock exam will only cover proportion of the learning outcomes. Candidates are strongly advised to develop a fundamental understanding of the curriculum in order to demonstrate the competence required to pass the examination. These examinations differ from any contained within the CFA UK Official Training Manual.
- Pass marks:
o Unit 1 exam pass mark seldom varies between 65%–75%. The mock exam will only act as a guide to exam performance. Candidates should aim to achieve at least 75% when using the mock exam.
o Unit 2 exam pass mark seldom varies between 60%– 70%. The mock exam will only act as a guide to exam performance. Candidates should aim to achieve at least 70% when using the mock exam.
- Types of exam questions:
o Standard multiple choice – Candidates select 1 option of 4.
o Item set – Candidates are given a short scenario with several questions associated with it. The material given in the case study does not change with the questions.
o Gap fill – Candidates must enter a value into the answer field. There are specific formatting requirements and these formatting requirements are always given in the question.
o Download the question type guide to become familiar with the format
o At the test centre candidates are provided with a Casio fx-83GT PLUS scientific calculator
o It is the responsibility of candidates to familiarise themselves with the functioning of the standard calculator. Pearson VUE staff can not give support to candidates on the use of the calculator during the examination.
o Candidates should download the calculator guide so that they feel comfortable using it at the test centre during their exam.