Official Training Manual (OTM) Overview
The Official Training Manual (OTM), published by CFA UK, contains essential reading for those seeking success in the IMC exam and provides comprehensive coverage of the syllabus.
Please note: The syllabus cycle runs from 1 December to the 30 November. Each syllabus version has a corresponding OTM version. Candidates should ensure that they are studying from the correct syllabus and OTM version
- Syllabus version 18 is tested from 1 December 2020 to 30 November 2021.
- Within the unit 1 exam the tax rates tested for the version 18 syllabus are those for the 2020/21 Fiscal year which runs from 6 April 2020 to 5 April 2021.
- OTM edition 18 should be used when studying for exams sat taken between 1 December 2020 to 30 November 2021.
- Syllabus version 18 unit 1 - valid for exams from 01/12/2020 to 30/11/2021
- Syllabus version 18 unit 2 - valid for exams from 01/12/2020 to 30/11/2021
- Syllabus version 19 is tested from 1 December 2021 to 30 November 2022.
Candidates planning to sit their examination on or after 1 December 2021 are advised to purchase OTM edition 19, which will be available for purchase in mid-October 2021. Please email email@example.com if you have any queries about which OTM edition to purchase.
OTM upgrade: Annually, between December and January, all candidates who purchased the previous OTM version AND who have an open registration, are able to purchase the new edition OTM at a reduced fee. Eligible candidates are emailed in December with details on the OTM upgrade price and how to access this offer.
- Recommended hours of study:
o Unit 1 Investment Environment – 100 hours
o Unit 2 Investment Practice – 120 hours
- CFA UK is not a Training Provider
- BPP, Kaplan and Quartic are training providers who use the OTM within their training packages
- Approximately 40% of candidates now use the CFA UK Official Training Manual
- Approximately 20% to 30% of candidates are self-study candidates (who use the OTM and no separate training provision)
The OTM includes:
- Comprehensive coverage of the syllabus
- Worked examples and calculations
- Self-assessment questions
- One mock examination
Orders will be dispatched within 3 working days from payment received
once dispatched estimate delivery times:
- Recorded UK mainland - 3 to 5 working days
- Europe - 5 to 10 working days
- Rest of the world - 5 to 10 working days