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Testing: Level 2 Exam

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The three exams of the ARPM Certificate can be pursued in any order.
The Level 2 Exam of the ARPM Certificate tests the following modules from the Body of Knowledge:
- Financial Engineering for Investment
- Quantitative Risk Management
- Quantitative Portfolio Management

The exam includes theoretical questions as well as pseudo-code tests.
The exam is “open book”. Candidates only need a pen/pencil and paper. Candidates have unrestricted access to any materials, including the internet. Candidates are not allowed to communicate with each other in any format: any violation will invalidate the exam.

The exam is administered remotely online via remote screening technology.

The exam is graded according to the breakdown policy specified on the examination sheet. The grade for the exam is a number L2 in the interval [0,1].

Note: Throughout 2021 we will still offer the previous version of the Level 1 Exam, which tests Quantitative Risk Management and Quantitative Portfolio Management.

See a mock up exam and related solutions (* previous version: includes topics now tested in Level 1 as part of the Data Science module; does not include Financial engineering topics) .

Level 2 Exam Calendar

Spring 2021
Sep 20, 2020
Exam registration opens
Feb 13, 2021
Registration deadline
Mar 06, 2021
Mar 20, 2021
Exam graded and results available
Fall 2021
Mar 7, 2020
Exam registration opens
Oct 9, 2020
Registration deadline
Oct 30, 2021
Nov 13, 2020
Exam graded and results available

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