subject: How To Prepare For Cemap Exams [print this page] Certificate in Mortgage Advice and Practice (CeMAP) is the widely recognized qualification for those wishing to pursue a career in the mortgage industry. Today, several states have made CeMAP qualification mandatory for people wanting to practice mortgage related profession. If you are aspiring to embark on a career as a mortgage advisor, then the right thing to do is to undergo training and pass the CeMAP exams.
There is no specific minimum academic qualification to appear for the CeMAP exams and all you need is an aptitude and determination to succeed in the exam. There are CeMAP training courses available even for individuals who are new to the mortgage industry and having no mortgage work experience. The CeMAP is a qualification awarded by the IFS School of Finance, through its parent body The Chartered Institute of Bankers (CIB).
To acquire the CeMAP qualification, you must pass in each of the following three CeMAP modules.
CeMAP Module 1 - UK Financial RegulationCeMAP Module 2 - MortgagesCeMAP Module 3 - An assessment of mortgage advice knowledge
The examination comprises of three papers with multiple choice questions. Modules 1 and 2 are of two hours duration consisting of 100 multiple choice questions. Module 3 is a two hour exam, and consists of 60 questions. You can of course appear for these examinations at your convenience. But if you are prepared undergo crash training program, you can obtain the certificate within a few weeks.
Experts however suggest that to truly prepare for a long term career in mortgage, it is advisable to undertake comprehensive and thorough CeMAP training course, and not get attracted to the crash courses offered by many. It is critically important for your future mortgage career that your training is comprehensive and that you do not just rush into acquiring certificate without the much needed knowledge.
Mortgage market offers promising opportunity, but only people who are qualified and talented in the mortgage field get the highest priority. The main purpose why most of the people try to attend CeMAP training courses is that it not only helps to acquire the right qualification but imparts valuable information to the aspirants to succeed as a mortgage advisor later on.
Though there are many CeMAP training centers, you cannot expect to achieve success with all the centers as quite a few of them may be commercial-minded. Hence, it is important that you choose a reliable and reputed CeMAP Training Center that has proven track record.
CeMAP Training Companies offer CeMAP training in three different ways - classroom coaching in the training centers or through distance education or through online training. You can choose the training option best suited for you. As stated earlier, CeMAP Training is not merely to obtain the certificate but a long-term investment for the future development of your career and by choosing the best training institute available you will be best prepared for successfully donning the role as a mortgage adviser.
The CeMAP examinations are computer based and the results are made known immediately. Each exam has a minimum pass mark of 70% per unit. CeMAP 1 is made up of two units, and a score of 70% must be achieved in each unit to pass the module. However, if you happen to fail in a specific unit, you only have to reappear for that specific unit only and not the entire module.
by: shiji
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