Each module is individually examined and has its own learning material. There is no restriction as to the order in which examinations should be taken i.e. it is not required that a candidate pass the compulsory modules before continuing with the elective modules. However, for those who are new to the financial markets, it is advisable to do the Introduction to Financial Markets Module before attempting the Regulations and Ethics of the South African Financial Markets.
The modules chosen to write should be dependent on which modules are required for the specific function one wishes to perform. The combination requirements in terms of the exchanges’ directives according to our understanding thereof are listed here. The combination requirements in terms of the FSB requirements according to our understanding thereof are listed here. Please take note that SAIFM cannot accept responsibility for advice on which exams should be done. The relevant exchange, FSB or compliance officer must be consulted.