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2. Syllabus Coverage

                Questions will test knowledge and skills of all Modules in the Unit.

      3. Question Type

                (a) Questions in this paper will test knowledge of Financial Services concepts contained
                         in the syllabus and research skills relevant to Financial Services.

                (b) Questions will require candidates to answer in the form of short paragraphs or
                         extended essays.

      4. Mark Allocation

                (a) Each question will be marked out of 20.

                (b) This paper is worth 60 marks and contributes 20 percent of the total marks for the
                         Unit.

 REGULATIONS FOR RESIT CANDIDATES

      Resit candidates must complete Papers 01 and 02 and Paper 03/1 of the examination for the year for
      which they re-register. Resit candidates may elect not to repeat the School-Based Assessment
      component, provided they rewrite the examination no later than two years following their first
      attempt.

      Candidates may opt to complete a School-Based Assessment for each Unit written or may opt to reuse
      another SBA score which satisfies any of the conditions listed at (a) to (b) below.

      (a) A candidate who rewrites the examination in the same Unit within two years may reuse the
                moderated SBA score earned in the previous sitting within the preceding two years.
                Candidates reusing SBA scores in this way must register as “Resit candidates” and provide the
                previous candidate number. Candidates are no longer required to earn a moderated score
                that is at least 50 per cent of the maximum possible score; any moderated score may be
                reused.

      (b) Candidates who enter for Unit 1 or Unit 2, in different sittings, may reuse a moderated SBA
                score obtained in a previous sitting of either Unit within the preceding two years. The SBA
                score may be reused in either Unit, or in both Units, irrespective of the Unit in which it was
                first obtained. (Candidates reusing SBA scores in this way must register as ‘Transfer’
                candidates).

      Resit candidates must be entered through a recognised educational institution, or the Local Registrar’s
      Office.

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