Frequently asked questions on registration of fund employment examination

With regard to the matters of the fund employment examination, when applying for the examination every year, many candidates will encounter various problems, such as why the registration website cannot log in, what subjects are there in the examination, and so on. In view of this situation, deep space has made a general inventory of the problems encountered by everyone in the registration of the fund employment examination.

Content navigation fund business registration problem fund business gold content fund business main body matching fund business performance query

On the application of fund practitioners

1. Who needs to take the fund qualification examination?

A: Since the Securities Investment Fund Law was revised and promulgated in 20 12, it has been clearly stipulated that fund practitioners should have the qualifications for fund practice, including fund managers and senior managers of fund custodians. At the same time, the establishment of administrators and custodians requires a quorum of qualified personnel. At the same time, the Measures for the Administration of Securities Investment Fund Sales stipulates that commercial banks, securities companies, futures companies, insurance institutions, securities investment consulting institutions and independent fund sales institutions. You must also have a certain number of employees with professional qualifications, and the department manager of the fund sales business must have it. The announcement of February 5, 20 16 clarified the relevant requirements for private fund managers and senior executives to have the qualifications for fund practice.

In short, to enter the fund industry, it is best to take the qualification examination and get started!

2. How can I really get the qualification?

A: You have passed the examination of Subject 1, Subject 2 (or Subject 3), and you need to submit your registration to China Asset Management Association through your institution to obtain the qualification for fund practice. Just because the scores of both grades are above 60 doesn't mean that you are qualified. To enter a financial institution, you need to register with the association in the name of the unit before it can take effect.

3. How many years is the validity of the grade? Do I have to take the exam again after it expires?

A: The results of the fund qualification examination are valid for 4 years. After you register as a fund practitioner through your organization, you need to attend a specified number of face-to-face training or distance training every year to maintain your qualification. You can log in to the association's distance training system, register for study and update your knowledge in real time.

4. What are the preparation strategies for the fund exam?

A: The exam pays attention to the practical application ability of candidates and abandons the mode and content of rote learning. So, study the textbook first. Examination outline is the main basis for candidates to review and prepare for the exam. The association has made an examination outline for all three subjects, listed the knowledge points and made clear the specific chapters of the corresponding textbooks. Note that all the questions come from the knowledge points listed in the outline!

5. What subjects are there in the exam?

Subject 1: fund laws and regulations, professional ethics and business norms; Subject 2: Basic knowledge of securities investment funds; Subject 3: Basic knowledge of private equity investment funds.

Candidates are eligible to be registered as fund practitioners if they pass the examination of subject 1 and subject 2, or pass the examination of subject 1 and subject 3.

6. What's the difference between an appointment exam and a unified exam?

The qualification examination for fund practitioners and the national unified examination are two types of fund practitioners. Whether taking the appointment exam or the national unified exam, they are all organized by China Asset Management Association, and the results are recognized by each other, and the recognition of the results is the same.

The appointment examination is a supplement to the unified examination. No matter whether you pass two courses in the fund industry, two courses in the unified examination or another course in the unified examination, as long as you are within the validity period of four years, your grades can be inquired in the fund industry association, and the certificate of conformity can be printed.

The qualification examination for fund practitioners is consistent with the national unified examination in terms of examination subjects, examination textbooks, examination syllabus and assessment standards.

Therefore, if you take the appointment examination for fund employment, you can sign up for the national unified examination at the next examination, and the results of the two types of examinations will be mutually recognized. You can apply for registration qualification if you pass one subject in the appointment examination and another subject in the unified examination, and vice versa.

Although influenced by COVID-19, the qualification examination has been postponed or cancelled for many times, up to now, the qualification examination for fund practice has not been postponed or cancelled, and the examination registration is still in progress.

Gold content of fund industry

First, as a threshold to enter the industry.

No matter which industry you want to enter, obtaining the corresponding qualification certificate is the most direct proof of your strength. With the development of economy, I believe everyone is aware of a problem, that is, when applying for a job, the qualification certificate of fund practice is basically one of the necessary hard requirements. Or some people don't want to enter the fund industry, but want to make themselves more confident to seize the opportunity when it appears, so taking a certificate is also a way to increase their confidence and ability, not to mention it is good for them to get another certificate.

Second, the employment prospects are good.

At present, many financial practitioners are restricted from engaging in fund-related work because they don't have fund qualification certificates, resulting in a certain job gap, which urgently needs qualified practitioners to fill.

Public offering of employees of fund managers, fund custodians, securities and futures asset management institutions and fund service institutions (including fund sales, share registration, valuation, investment consultants, evaluation, information technology system services, etc.). ) and private fund managers require employees to hold fund qualification certificates, which means that those who hold certificates will have the opportunity to obtain higher returns.

Third, the gold content is high.

With the extraordinary expansion of the fund industry, the demand for fund practitioners is increasing day by day. In this way, the professionals and professional qualities of employees will inevitably be mixed. For the healthy, stable and sustainable development of the industry, it is necessary to set a stricter entry threshold and eliminate the fittest.

2065438+February 5, 2006, the Fund Industry Association issued the Announcement on Further Standardizing the Registration of Private Equity Fund Managers, which is also commonly known as the "new filing regulations", stipulating that fund practitioners must hold the qualification certificate of fund practice, that is to say, if they want to develop in the fund industry, they cannot stand in the financial industry without passing the qualification examination of fund practice.

In addition to fund companies, employees in fund-related structures need to obtain and apply for fund qualification, including managers, business personnel and salesmen in commercial banks (including foreign-funded corporate banks in China), securities companies, futures companies, insurance institutions, securities investment consulting institutions, independent fund sales institutions and other institutions recognized by China Securities Regulatory Commission.

Faced with such policies and regulations, there is a huge gap for holders of fund qualification certificates. However, the pass rate of fund qualification examination is not high, so as an access card for the fund industry, the gold content of fund qualification certificate is also rising.

Fourth, the application requirements are low and the examination time is short.

In terms of application conditions, to register for the fund qualification certificate examination, it is required to have full capacity for civil conduct, be over 18 years old, and have a high school education or above.

Fund practitioners register for fund qualification, and the examination subjects recognized by China Asset Management Association include: subject 1, fund laws and regulations, professional ethics and business norms; Subject 2, basic knowledge of securities investment funds; And subject three, the basic knowledge of private equity investment funds.

Candidates only need to take one of subject 1+subject 2 or subject 3, that is, the registration conditions for qualified fund practitioners.

Under normal circumstances, candidates can successfully pass the exam after preparing for 1-3 months.

Five, engaged in a wide range of industries

With the opening of financial license, in addition to traditional fund companies, private equity institutions, securities companies and fund departments under banks, more and more insurance institutions, asset appraisal institutions, securities companies, rural commercial banks, city commercial banks, joint-stock commercial banks, postal savings banks and even internet companies have obtained fund sales licenses, allowing them to carry out fund sales business. What follows is the demand of fund practitioners. All the above companies need to recruit relevant employees with fund qualification.

Matching of fund business subjects

(1) How many courses should I take in the fund employment examination?

How many subjects should I take in the fund qualification certificate? Some people say three subjects, others say two. Bian Xiao tells you that there are three subjects in a test paper, but you can choose two of them to take the exam. These three subjects are:

Subject 1: fund laws and regulations, professional ethics and business norms

Subject 2: Basic knowledge of securities investment funds

Subject 3: Basic knowledge of equity investment funds

You can combine from the above three exams (one subject required), and each combination has different emphasis. Let's take a look at it next.

(2) Collection of Fund Employment Examination Works

1, fund laws and regulations, professional ethics and business norms+basic knowledge of securities investment funds

When these two subjects are combined, they can engage in Public Offering of Fund business and private equity fund business, which is suitable for employees who go to fund sales institutions to register in the future.

2. Fund laws and regulations, professional ethics and business norms+basic knowledge of securities investment funds/basic knowledge of equity investment funds.

Subject 1+Subject 2 or Subject 3 is suitable for employees who work and publicize in fund sales organizations, and the staff of sales information management platform is more suitable.

3. Comparison between the two

As we all know, subject one is compulsory. Compared with subject 1+subject 3, subject 1+subject 2 has a wider range of employment than subject 1+subject 3.

Fund performance inquiry

(1) How long is the validity period of the fund qualification certificate?

The validity period of the qualified results of the fund qualification examination is 4 years. "Those who have not applied for the qualification of registered funds for more than four years need to re-take the qualification examination or fill in the follow-up training hours specified in the last two years before applying for registration."

(2) How do you know if your grades are qualified? When can I check the results?

You can check the results one week after the exam. If both subjects are above 60, congratulations, you are qualified. If you fail in one or two subjects, you can only continue to take the exam and pass it all within 4 years. It is also a good method for candidates who are busy at work or cannot take two exams at a time for other reasons. It is also a good idea to take one subject at a time and then take another subject after passing it.

(3) What does the qualification examination for fund practitioners mainly test?

The examination contents of the fund qualification examination mainly include the basic knowledge of the securities market, the types and analysis methods of investment funds, relevant laws and regulations, fund operation, fund raising, securities market trading and registration, etc. The difficulty of the exam is not high, which is relatively low for a financial industry access certificate, but it cannot be taken lightly. If you review the exam well, you have a good chance of passing.