Assessment

INVESTOR PROTECTION PROFESSIONAL CERTIFICATION (IPPC)

a. Examination Format

Question Format	Independent multiple-choice questions (MCQs)
No. of Questions	80
Examination Duration	2 hours
Passing Mark	70%
Examination Delivery	Closed book. Online examination

b. Grade Bands

Results will be expressed in the following grade bands:

Grade Band	Marks (%)
Pass	70 – 100
Fail 1	60 – 69
Fail 2	40 – 59
Fail 3	20 – 39
Fail 4	0 – 19

c. Four study areas will be assessed

Section 1 – Market Structure
Section 2 – Law & Regulations
Section 3 – Know-Your-Client and Financial Needs Analysis
Section 4 – Products

Pasaran Kewangan Malaysia Certificate (PKMC)

a. Examination Format

	Module I	Module II–IV
Question Format	Independent multiple-choice questions (MCQs)	Part A: Independent MCQs Part B: Case-based MCQs
No. of Questions	100 MCQs (1 mark for each question)	Part A: 60 independent MCQs (1 mark for each question) Part B: 20 case-based MCQs (2 marks for each question)
Examination Duration	2½ hours
Passing Mark	75%
Examination Delivery	Closed book. Online examination

b. Grade Bands

Results will be expressed in the following grade bands:

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

c. Time Limit

Candidates are required to pass all 4 modules within 2 years of admission as a member of PPKM, failing which their memberships will be terminated by PPKM and any module passes gained will be nullified.

d. Award Requirements

Candidates are required to complete all 4 modules within the 2-year time limit to be awarded the Pasaran Kewangan Malaysia Certificate.

e. Award Categories

1. A Certificate with Distinction will be awarded to candidates who pass all four modules on their first attempt at the examinations (within the first validity cycle) with a minimum score of 85% for each module.
2. A Certificate with Pass will be awarded to candidates who pass all four modules but fall outside the category of Distinction.

f. Prizes for Outstanding Performance

1. Each year, a prize for each module will be awarded to the candidate who achieves the highest mark in the module on the first examination attempt, where the mark achieved must be 90% or above. If more than one candidate achieves the same mark, each candidate is eligible for the prize.
2. Each year, a prize will be awarded to the candidate who completes the PKMC examinations in one and on 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.
3. The prizes are sponsored by ACI-FMAM. The monetary value of the prizes is:

Module prize	RM2,000
Excellence Award	RM2,000