Examination & Awards

Centre for Paper Based Exam


To be confirmed.

Centre for Online Examinaton

Click here to download online examination centres.

REFUND POLICY

Amendments have been made to the AICB Examination Fees Refund Policy. Please note that the module fee and examination fee are non-refundable and non-transferrable except in the most extenuating circumstances. Candidates are advised to assess their readiness and make a firm decision before they register for the module and examination.

The key changes are as follows:

  1. A candidate who has withdrawn or is absent from an examination will not be entitledto any refund of the module fee or examination fee paid or to carry forward the fee to the next examination sitting.
  2. Withdrawal from module(s) will be considered based on the following grounds:
    –  Prolonged illness
    –  Serious injuries
    –  Death

Click here to download the application form for withdrawal. 

Deferment POLICY

Paper-Based Examination

The Institute may consider allowing a one-time transfer of the examination fee to the immediate next sitting in the case of a candidate who encounters extenuating circumstances and was not able to attend the examination. The module fee is not transferable.

 Online Examination

Candidate may also apply for deferment, if the candidate was unable to reschedule the examination at least a minimum of 48 hours prior to the original examination session or unable to take the examination due to extenuating circumstances.

Deferment to the immediate next sitting will be considered for paper-based and online examinations based on the following grounds.
–  Illness/ injury/ hospitalisation
–  Illness of close family member
–  Bereavement
–  Personal/ emotional circumstances
–  Involvement in accident
–  Victim of crime

Candidates who wish to apply for deferment under extenuating circumstances are required to email the completed application form  and supporting documents, to enquiries@aicb.org.my no later than ten (10) working days from the date of the examination. Click here to download the application form for deferment.

Kindly note that candidates should only enrol and register for their selected module and examination date once they are firm with their decision on their preferred module and examination date.

The latest version of the Examinations Regulations containing the amendments can be downloaded below.

Examination FAQ


When are the examinations held?

Please refer to our Examination Schedule.

Where are the examination centres?

Prior to the examination sitting, we will publish the list of examination centres in our website under the Examinations and Award tab.

Can I withdraw from an examination after I have registered for the examination? Will I get a refund of the examination fee?

A candidate who has withdrawn or is absent from an examination will not be entitled to any refund of the module fee or examination fee paid or to carry forward the fee to the next examination sitting.

Can I defer/transfer to another examination sitting after I have registered for the examination?

The Institute may consider allowing a one-time  transfer of the examination fee to the immediate next sitting in the case of a candidate who encounters extenuating circumstances. The module fee is not transferable.

Candidates who wish to claim extenuating circumstances are  required to submit the completed Extenuating Circumstances Form  and supporting documents, to the Director of Assessment no later than ten (10) working days from the date of the examination concerned.

How will I be notified of the details of the examination that I have registered for?

Electronic copy of the attendance notice will be sent to the candidates by email and/or viewable online by the respective candidate about 10 days before the examination date. Candidate will NOT be allowed to sit for the examination without the NRIC. Verification will be done using NRIC/driving license/passport or other acceptable identification documents with photo.

How will I be notified of my results?

Examination results will be available to candidates via the Member Portal at a pre-determined time. Candidates may log into the Member Portal which is accessible through AICB’s website to view their examination results.

Can I take the examination paper back with me after the examination session?

No. At the end of the examination, all examination materials must be handed over to the invigilator. None of the examination materials are allowed to be taken from the examination hall/room.

How are our examination results processed?

AICB’s exam papers go through a rigorous quality assurance process as we ensure that each paper accurately tests the learning outcomes of a module. Examination papers are set within the scope of our study texts and goes through various checks by our Examination Committee to ensure that all exam items meet optimum face validity, content and structural validity before candidates sit for the exam.

Once the examination is completed, the candidates’ answer scripts for multiple-choice questions are processed by the Assessment Division and for the subjective questions,  marked by the Examination Committee. The results are then deliberated by the Examination Committee who moderate the questions based on the performance of the candidates to ensure that the results are true reflection of the candidates’ performance and that no candidate is disadvantaged.

Is appeal allowed for any of AICB’s qualifications?

The decision of the Board of Examiners in regard to a candidate’s examination results is final and no appeals will be entertained.

I have received my results which only indicated my grades. Can I have the actual marks/score for the examination?

The Institute’s policy is that the results are based on the grade bands. We will not entertain any requests to release the actual marks for the exams which are kept confidential.

PKMC and IPPC FAQs

Is there a time limit for the PKMC qualification?

Yes, 2 years. A candidate must pass all four modules within 6 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.

Is there a time limit for the IPPC qualification?

No.

Do I need to register as a member with AICB to sit for the PKMC or IPPC examinations?

No, FMAM membership is sufficient. All new members who pass the examinations in its entirely or who are existing FMAM Ordinary members (a prerequisite for trading in the Malaysian financial markets) will be granted a dual membership in both FMAM and AICB.

Online Examination FAQs

Click here to download the online examination FAQs.