What is IMC?
The IMC is the benchmark entry-level qualification into the UK investment profession. It delivers the threshold competency knowledge required by investment professionals involved in portfolio management, research analysis, and other front office investment activities. The examinations cover the key content areas appropriate for these roles including economics, accounting, investment practice, regulation, and ethics. The qualification is developed, delivered and awarded by CFA UK.
Why should I take IMC?
If you are looking to develop your career in investment management then the IMC will be suitable for you. Over half of IMC candidates sitting the exam are actively involved in front office investment activities, including portfolio management, research, investment consulting, risk management and relationship management. Many candidates are wanting to develop their career and also those looking to join the profession. Most investment firms ask their employees to take the IMC to demonstrate the competency of their front office staff to the regulator. The IMC is an FCA Appropriate Qualification for the activity of 'managing investments' and may be combined with CFA Level 1 to meet the exam standards required of Retail Investment Advisers.
IMC careers • Portfolio manager • Financial Advisor • Research analyst • Sales & Distribution • Risk Manager • Marketing • Investment consultant • Compliance • Relationship manager • Operations • Wealth Manager • IT Read about the regulatory exam requirements for investment professionals. |
Level 4 IMC Overview |
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Unit 1 | Unit 2 | |
Official Training Manual Cost IMC Exam fees Unit name
Number of questions Time allowed for exam Total qualification time Credits Pass mark Pass rate |
£90.00 plus postage Level 4 IMC Investment Environment 85 1 hour and 40 minutes 80 hours 8 credits |
£95.00 plus postage Level 4 IMC Investment Practice 2 hours and 20 minutes 120 hours 12 credit |