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.
Suitable for: Advisors requiring the CeMAP qualification.
Questions & Answers
Ask a question and other users will answer you
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
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.
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
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.
· 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.