Investment Management Certificate (IMC)

robsingh

Hi All

I have read thought the first half of the course i.e. Regulations and markets. Can anyone suggest where to get hold of practice material, past exam papers etc.?

It's a drain on pocket buying the study materiel from the providers as i have bought the book from CFA society.

Thanks

kasmith

Nixxx, please can you give me your recommendation for IMC training providers. I'm trying to study for part 2 and need some help. Thanks

sarajp

Can anyone advise which study material is the best to use? I dont want to buy all the books from the providers if the handbook on the CFAUK website will be sufficient? I only need to write the regs exam.

Thanks

arella05

hi there,

I need to take my second exam one more time, and the test format changed.

I was wondering if anyone has the New Mock Tests?

jobless here since 12/2008 and trying to save money.

The CFAUK and the training providers DO NOT have any concession fees.

HELP!

arell05@yahoo.com

EasyRob

Looking for some advice!

I've been working for a financial services company for 9 years - in particular supplying analysis for a traded endowment fund. I'm looking at doing the IMC distance learning course.

Can anyone advise whether this would be worthwhile given my work experience and how much work is needed on the distance learning course? I've gradually been gaining an interest in investment management so from a learning point of view this sounds great but would be good to know whether this could provide a further stepping stone if i wanted to change jobs?

Thanks

cranchi44

In need of some advice from a professional

I worked in financial services some years ago and gained the necessary industry experience to sell pensions and regulated investment plans.......

I since moved on to property where I invested a mixture of my own and other peoples equity and after 15 relatively good years I now find myself more or less full time investing my cash in equities, OEIC's, hedge funds and ETF's. I also day trade with a spread betting platform.

Since I've been making pretty good returns over the last 5 years (including getting into cash in early 08) People have again been asking for investment advice for their private cash and SIPP funds. One or two have suggested I begin a more formal arrangement involving me taking a percentage of profits.

Can anyone tell me what level of regulation would be required and what certification I would need e.g. IMC, CFP

Obviously I'll seek appropriate legal advice on the structure but would apreciate any input from someone in the industry.

majicka

If you start advising people for money (or a percentage of their returns) you will be breaking the law. You need to have gained a relevant qualification, work for an authorised firm and be an 'approved person' with the FSA (they check your work history, whether you've got an CCJs, criminal convictions etc).

Forexer

I'm interested in the training providers that that you might suggest for someone with no experience but great enthusiasim for investment banking/securities. Thought you might be able to offer some help been trading forex from home for the last 3 yrs but am looking to get into the professional investment world and am looking to get some really respected courses equivalent to degree level or is a degree the only way as i dont have one under my belt. employed in the industry. Is IMC and CFA helpful to people like me in any way or is that just not enough to get employed

Essex123

I did my IMC with 7City (http://www.7city.com/index.html) - I found them excellent. They have a large online question bank you can use, and there were definite similarities between their questions and the ones which came up in the two exams.

I don't think you can say IMC is degree level, however it is highly relevant for careers in industries such as Asset Management. The CFA is probably more comparable to a degree, but is not something to enter into lightly. Its both a big financial and time commitment, and its something a lot of people struggle with. IMC would provide an excellent foundation for CFA Level 1, however Levels 2/3 would be much more stretching.

My thoughts would be start with the IMC, and reconsider your CFA options once you have that under your belt.

psychy

As Essex123 has said, the IMC is not the same as degree level. It's around 100hrs of work so you can do it by reading and doing the questions with 2 weeks of work. It is the minimum threshold in Asset Management and gives a simple oversight in various asset classes and fundamentals.
Worth doing prior to the CFA as exams can be done at any time.