CeMAP - Certificate in Mortgage Advice and Practice
The
Certificate in Mortgage Advice and Practice (CeMAP) is the preferred
qualification for a career as a Mortgage Advisor. It is a relevantly short
course.
The Financial Training Academy has carefully and meticulously
constructed a systematic methodology to deliver the course in 11* days.
During the various sessions of the tutor-led delivery, the student is
occupied with a comprehensive interactive programme geared towards
providing maximum information retention. This basically means that we want
the student to remember as much as possible of the course in order that he
or she passes the exam with excellent marks.
* 11 days includes 8
days tutor-led training and 3 days home study
Formality and
Recognition
Offered by: Institute of
Financial Services (ifs School of Finance).
Awarded
by: Chartered Institute of Bankers (CIB).
Accredited
By: Qualifications and Curriculum Authority (QCA).
NVQ
Level: National Qualifications Framework Level 3.
Recognition:
Recognised by the Financial Services Authority (FSA) as an appropriate
qualification.
Further Information: It
meets the requirements identified by the Financial Services Skills Council
(FSSC).
The Need for CeMAP
The Financial
Services Authority regulated the Mortgage Market in October 2004. This
meant that many mortgage advisors who were giving advice prior to October
2004 were no longer qualified to do so. The number of people that are
currently qualified to give advice is a quarter of the actual demand.
Why
Study for CeMAP
Our current demand from mortgage arrangement
organisations is over 1000 mortgage advisors in the City of London and
over 5000 nationwide. The industry is suffering as the demand is not being
met.
Duration of the CeMAP Course
The course is
for 11* days. There are 2 options:
Full Time: 9.30am - 4.30pm Monday to
Friday
Part Time: 9.30am - 4.30pm Weekends
Course
Contents
The course is structured as 3 modules. These are:
Module
1: UK Financial Regulation (made up of 2 units).
Module 2: Mortgages
(made up of 4 units).
Module 3: Assessment of Mortgage Advice Knowledge.
Examinations
Module
1: Assessed in one 2 hour exam
100 multiple choice questions
Module
2: Assessed in one 2 hour exam
100 multiple choice questions
Module
3: Assessed in one 2 hour exam/6 cases, each with 10 multiple choice
questions
Pass Mark: Minimum pass mark of 70% per unit.
Why
Choose The Financial Training Academy
It is in our interest
that all students who attend the CeMAP course with us, pass their exams
with high merits and distinctions. The reason for the interest is simple -
we are affiliated with various financial services organizations who are
demanding quality CeMAP qualified staff from us. By assisting our students
and equipping them with the necessary tools we can be confident that our
students will meet the employers' criteria.
Value Added
Tools
We are consistently adding various products, without any
charge to the student, to enhance both the delivery of the course and the
learning of our students. The student is provided with:
· Easy
Pass Study Guides
· Revision Guides for CeMAP 1
· Revision
Guides for CeMAP 2
· Mock Exam papers CeMAP 1
· Mock Exam
papers CeMAP 2
· Mock Exam papers CeMAP 3
· Interactive CD
·
Supplementary Coursework
The Training
Your success lies
in you dedicating time to prepare for the course, by self studying prior
to the course start date. The courses are held by our in house tutors who
each have a minimum of 25 years experience in the Financial Services
industry. The course will include formal lecture training, workshops, case
studies and practice examinations.
Key benefits
·
Free retake option (Terms and Conditions apply)
· Access to your tutor
for post course questions and help
· Structured revision sessions to
help you prepare for your exam
· Additional revision materials to help
you
Options after the CeMAP Qualification
On
successful completion of CeMAP, you can:
· join one of the thousands of
banks, building societies, estate agents or mortgage brokers, or
·
enroll on to our CMA programme, or
· join a network as a self employed
mortgage advisor, or
· join other financial organizations in a related
financial services sector.