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CII replaces exams with coursework for level six unit

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The Chartered Insurance Institute is changing one of its units for its level six qualification from being exam-based to coursework-based.

Final written exams for the AF6 unit of the advanced diploma in financial planning, which covers senior management and supervision, will be in October 2016. After this point assessment will be via coursework only.

Advisers taking this unit will have to submit three written assignments of between 2,000 and 3,000 words each with all assignments successfully completed within 12 months.

Candidates will need to achieve a minimum of 50 per cent of the marks available across all three assignments in order to pass.

The CII will limit intake to 100 candidates initially to test the assessment marking process.

CII director of financial services and insurance markets Steve Jenkins says: “Coursework assessment has been found to be particularly suited to AF6 given the evaluative and reflective nature in which senior management and supervision issues are tackled in the workplace.

“This new method widens assessment beyond the traditional exam, easing anxieties about performance in a time-pressurised environment. It also gives greater flexibility by allowing candidates to study outside the constraints of traditional April and October exam sessions.”

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Comments

There are 6 comments at the moment, we would love to hear your opinion too.

  1. Compliance Thought 13th August 2015 at 12:48 pm

    No doubt this will give them yet another excuse to charge a ridiculously high fee for marking the exam

  2. Brilliant! A new outlet for ghost writers – or am I just being cynical?!!!!!!!!!!!

  3. You don’t realise just how fee driven the CII is until you start studying with other professional bodies.

  4. Looks like the CII have realised that advisers have now found alternative bodies to undertake their level 6 qualifications, that listen to the needs of advisers and do not see them as cash cows. I think the blatant profiteering methods used by the CII with its Level 4 Diploma is now coming back to haunt them. For the first time advisers have a real choice of qualification bodies, when the word gets out, apart from another bail out from the government, the writing is on the wall for the PFS and CII.

  5. I sat j07 a couple of years ago and argued the many of the CII exams should be open book/coursework and in particular J07/AF6 I will find their reply and post it. it may contradict this new stance.

  6. peter mulholland 14th August 2015 at 8:17 am

    Having ‘insurance’ in the title of an investment qualification is something I would avoid given the insurance companies track record in the investment and product market.

    Why would you train at vet school to be a doctor ? Haha

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