Pasaran Kewangan Malaysia Certificate (PKMC)

What is Pasaran Kewangan Malaysia Certificate (PKMC)?


The Pasaran Kewangan Malaysia Certificate (Certification) is a professional requirement established by ACI-Financial Markets Association of Malaysia (ACI-FMAM) for dealers and brokers employed in licensed financial institutions and money broking firms. The Certification aims to ensure that the Malaysian financial markets possess competent and proficient practitioners with the highest standards of professionalism and integrity. This is imperative to ensure that the industry grows in an orderly manner.

This Certification is specifically designed for financial market practitioners (Provisional members, Provisional Broker members and Affiliate members of ACI-FMAM). It is jointly awarded by ACI-FMAM and the Asian Institute of Chartered Bankers (AICB).

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*Download New PKMC Brochure

*The revised PKMC Certification will take effect from July 2018 Examinations

The course of study comprises four modules:

Module I

 

Part A – The Code of Conduct & Market Practices
Part B – Investor Protection, Law & Regulations
Part C – The Malaysian Financial System and Conduct of Monetary Policy
Module II The Money Market
Module III The Foreign Exchange Market
Module IV Risk Management and Basic Derivatives

Programme Fees (Inclusive 6% GST)

Module 2017 Induction Seminar Fees*
(RM)
Exam Fees**
(RM)
Exam Re-sit Fees**
(RM)
Module I Part A – The Code of Conduct and Market Practices 424 212 212
Part B – Investor Protection, Law and Regulations
Part C – The Malaysian Financial System and Conduct of Monetary Policy
Module II The Money Market 848 212 212
Module III The Foreign Exchange Market 848 212 212
Module IV Risk Management and Basic Derivatives 848 212 212

*Fees payable to Asian Banking School Sdn Bhd

**Fees payable to Asian Institute of Chartered Bankers

Enrolment & Exemption


The new process of enrolment into the PKMC qualification, registration of seminar / workshop and registration of examination is illustrated below:-

steps

Step 1: User enrols for PKMC qualification at www.aicb.org.my
(User will receive notification from AICB once their application has been approved)
Step 2: User registers for seminar / workshop at www.asianbankingschool.com
Step 3: User attends seminar / workshop
(Upon receiving confirmation from Asian Banking School)
Step 4: After attending seminar / workshop, user login to their student account at www.aicb.org.my to register for exam
(User will receive email confirmation upon successful registration)

Important Note: Before registering for seminar / workshop, kindly make sure user already has a valid FMAM (PPKM) membership number.

If you need assistance on this please contact the following individuals: 

  • For qualification enrolment and examination registration queries, please contact Eshodhara (AICB) at 603-2095 6833 ext. 187 or Kalvinder (AICB) at 603-2095 6833 ext. 122.
  • For induction seminar/workshop registration, please contact Noor Zawani (ABS) at 603 2742 7822 ext. 305.

Additional information on PKMC enrolment:

(a) Candidates are required to be current Provisional members, Provisional Broker members or Affiliate members of ACI-FMAM and must comply with any other requirements stipulated by ACI-FMAM.

(b) A candidate is not required to be a member of AICB to enrol for these regulatory qualifications.

(c) Please refer to ACI-FMAM website at www.ppkm.net for further details of eligibility requirements for PKMC.

Pasaran Kewangan Malaysia Certificate (PKMC)


(a) Assessment Structure
Module I        
One 1-½ hour examination paper consisting of 80 multiple- choice questions. Module I must be attempted at the first sitting. If a candidate fails to pass Module I at the first sitting, Module I must be included as one of the papers to be examined in the subsequent examination sitting(s).
Modules II – IV         For each module, one 2-hour examination paper consisting of 40 multiple-choice questions + 3 compulsory essay questions
Module I

Part A: The Malaysian Code of Conduct and Market Practices
Part B: Investor Protection, Law and Regulations
Part C: The Malaysian Financial System and Conduct of Monetary Policy

Question Format Multiple-choice questions
No. of Questions 80
Duration of Exam 1.5 hours
Pass Mark 75%
Examination Type Closed   book.
Question   paper   is collected and returned to AICB after the examination.
Condition Module  I  must  be  attempted  at  the first sitting.   If a candidate fails to pass Module   I  at  the  first  sitting,   Module   I must be included as one of the papers to be examined in the subsequent examination sitting(s).

Module II – IV

Question Format Multiple-choice questions  (MCQs) with four options per item + essay questions
No. of Questions 40 MCQs + 3 essay questions
Duration of Exam 2 hours
Pass Mark 75%
Examination Type Closed  book.
Question paper is collected and returned to AICB after the examination.
(c) Grade Bands

Results will be expressed in grade bands as follows:

Grade Band Marks
Pass 75% and above
Fail 1 65%-74%
Fail 2 50%-64%
Fail 3 30%-49%
Fail 4 29% and below
(d) Time Limit

A candidate must pass all four modules within six consecutive examination sittings (1 exam cycle) failing which the passes gained in the exam cycle will be nullified. The candidate will then be required to immediately start a new exam cycle without any lapse.

(e) Award Requirements

Candidates must pass all four module examinations within the time limit of six consecutive sittings to be awarded the Pasaran Kewangan Malaysia Certificate.

(f) Award Categories

a) A Certificate with Distinction will be awarded to any candidate who passes all four modules at the first attempt of the examinations (within the first validity cycle) with a minimum score of 85% for each module.
b) A Certificate with Pass will be awarded to any candidate who passes all four modules and falls outside the Distinction category.

(g) Prizes for Outstanding Performance

a) In each year, a prize will be awarded for each module to the candidate who achieves the highest mark in the module at his/her first examination attempt and the mark must be 90% or above. If more than one candidate achieves the same mark, each candidate is eligible for the prize.

b) In each year, a prize will be awarded to the candidate who completes the PKMC examinations in one and the first attempt and achieves the highest aggregate mark for all the modules with a minimum of 90% for each of the modules. If more than one candidate achieves the same mark, each candidate is eligible for the prize.

c) The prizes are sponsored by ACI-FMAM. The monetary value of the prizes is:

Module prize RM2,000
Best  overall performance prize RM2,000

Pasaran Kewangan Malaysia Certificate (PKMC)

Print
EXAM ACTIVITY SCHEDULE 2018 EXAM SITTING
MARCH 2018 JULY 2018 NOVEMBER 2018
Application Submission Closing Date (New Applicant)* 3 Nov 2017
(Friday)
9 Mar 2018
(Friday)
6 Jul 2018
(Friday)
Workshop Registration Closing Date at ABS 17 Nov 2017
(Friday)
23 Mar 2018
(Friday)
24 Jul 2018
(Tuesday)
Workshop Dates at ABS Module I:
27 – 28 Nov 2017
Module II:
4 – 7 Dec 2017
Module III:
11 – 14 Dec 2017
Module IV:
8 – 11 Jan 2018
Module I:
2 – 3 Apr 2018
Module II:
9 – 12 Apr 2018
Module III:
16 – 19 Apr 2018
Module IV:
23 – 26 Apr 2018
Module I:
1 – 2 Aug 2018
Module II:
6 – 9 Aug 2018
Module III:
13 – 16 Aug 2018
Module IV:
27 -30 Aug 2018
Last Day to Register for Exam (with payment / LND Approval) 19 Jan 2018
(Friday)
11 May 2018
(Friday)
7 Sep 2018
(Friday)
Exam Dates (Module I & II) 3 Mar 2018
(Saturday)
8 Jul 2018
(Sunday)
10 Nov 2018
(Saturday)
Exam Dates (Module III & IV) 10 Mar 2018
(Saturday)
15 Jul 2018
(Sunday)
17 Nov 2018
(Saturday)
Exam Time 9.30am – 11.00am
(Module I)
1.00pm – 3.00pm
(Module II)
9.30am – 11.30am
(Module III)
1.00pm – 3.00pm
(Module IV)
Exam Result Release 27 Apr 2018
(Friday)
17 Aug 2018
(Friday)
11 Jan 2019
(Friday)
Exam Centre KL KL KL
Abbreviation Key:
Module I
Part A : The Code of Conduct and Market Practices
Part B : Investor Protection, Law and Regulations
Part C : The Malaysian Financial System & Conduct of Monetary Policy
Module II – The Money Market
Module III – The Foreign Exchange Market
Module IV – Risk Management & Basic Derivatives

Important Note:

* New candidates are required to complete their qualification enrolment with AICB by the application submission closing date before registering  for training workshops with Asian Banking School (ABS), through ABS’ website: www.asianbankingschool.com.

 Disclaimer:

  1. AICB reserves the right to cancel, suspend, interrupt or reschedule any examination to another date and will not be liable for any claims, actions, costs, charges, expenses, damages, loss and liability due to the cancellation/deferment of these examinations.
  2. Training workshops for AICB qualifications are conducted by Asian Banking School (ABS). Candidates are required to check ABS’ website for the latest workshop dates at https://www.asianbankingschool.com/our-programmes/professional-qualifications.
  3. Please adhere to the above closing dates, otherwise AICB will not be responsible for any delay in the enrolment or registration.
EXAM ACTIVITY SCHEDULE 2017 EXAM SITTING
APRIL 2017 AUGUST 2017 NOVEMBER 2017
Enrolment Closing Date (New Applicant) 11 Jan 2017 (Wednesday) 5 May 2017 (Friday) 28 Jul 2017 (Friday)
Workshop Registration Closing Date at ABS 16 Jan 2017 (Monday) 9 May 2017 (Tuesday) 4 Aug 2017 (Friday)
Workshop Dates at ABS Module I:
23 – 24 Jan 2017
Module II:
13 – 16 Feb 2017
Module III:
20 – 23 Feb 2017
Module IV:
27 Feb – 2 Mar 2017
Module I:
17 – 18 May 2017
Module II:
22 – 25 May 2017
Module III:
29 May – 1 Jun 2017
Module IV:
5 – 8 Jun 2017
Module I:
14 – 15 Aug 2017
Module II:
21 – 24 Aug 2017
Module III:
4 – 7 Sep 2017
Module IV:
11 -14 Sep 2017
Last Day to Register for Exam (with payment / LND Approval) 10 Mar 2017 (Friday) 7 Jul 2017 (Friday) 29 Sep 2017 (Friday)
Exam Dates (Module I & II) 1 Apr 2017 (Saturday) 5 Aug 2017 (Saturday) 4 Nov 2017 (Saturday)
Exam Dates (Module III & IV) 8 Apr 2017 (Saturday) 12 Aug 2017 (Saturday) 11 Nov 2017 (Saturday)
Exam Time 9.30am – 11.00am
(Module I)1.00pm – 3.00pm
(Module II)9.30am – 11.30am
(Module III)1.00pm to 3.00pm
(Module IV)
Exam Result Release 26 May 2017 (Friday) 21 Sep 2017 (Friday) 12 Jan 2018 (Friday)
Abbreviation Key:
Module I
Part A : The Code of Conduct and Market Practices
Part B : Investor Protection, Law and Regulations
Part C : The Malaysian Financial System & Conduct of Monetary Policy
Module II – The Money Market
Module III – The Foreign Exchange Market
Module IV – Risk Management & Basic Derivatives

Disclaimer:

  1. AICB reserves the right to cancel, suspend, interrupt or reschedule any examination to another date and will not be liable for any claims, actions, costs, charges, expenses, damages, loss and liability due to the cancellation/deferment of these examinations.
  2. Training workshops for AICB qualifications are conducted by Asian Banking School (ABS). Candidates are required to check ABS’ website for the latest workshop dates at https://www.asianbankingschool.com/our-programmes/professional-qualifications.  
  3. Candidates are required to complete their qualification enrolment with AICB before registering for training workshops with Asian Banking School (ABS), through ABS’ website: asianbankingschool.com. Terms and conditions apply.

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