HKSI Hong Kong Securities and Futures Examination Difficulty and Passing Rate

June 1, 2021

 

HKSI Hong Kong Securities and Futures Examination Difficulty and Passing Rate

 

Hello everyone, let’s talk about the difficulty level of the Hong Kong Securities and Futures Examination today. Many students are asking about the difficulty level of the exam itself. The answer varies and depends on many factors. Some people say that the exam is easy? Because they have studied the manual, and then they are able to source some ready-made regulatory materials to read, some even say that they have passed by simply reading the manual arbitrarily; In truth this saying may not be accurate for all exam takers.

 

On the contrary, some people think that the exam is difficult since they are still unable to pass the exam after multiple attempts. In some extreme cases, candidates have taken the exam more than 10 times without passing. 

 

So how difficult is the exam? Everyone should be prepared for having to take the exam(s) and at least have an overall understanding of the exam. I think it is reasonable for exam takers to have opposing stands on the difficulty level of the exam. Why? In fact, 80% of people who say that the exam is difficult are indeed partaking the exam without doing any revisions; they do not have a comprehensive system while conducting their revision, in other words, some exam takers may have a certain foundational knowledge or work experience, these people may be more careless when it comes to taking the exam, as they tend to have the perception that the knowledge required for the exam are basic and that they already know most of the things. In fact, if a candidate goes into the exam without any preparation, I can say that there is a 90% chance you can’t pass it. In individual cases, your foundation may be particularly good, and you may be a local Hong Kong person with experience in the industry; this gives you an advantage in partaking in the exam. Yet, if you are a Mainlander, it is more difficult for you to pass the exam. Why? Although the exam shares some basic knowledge with those you can obtain in the securities industry in Mainland China, there are some differences in laws, regulations, practices and sayings, wordings, written language expressions and even structure of sentences between Hong Kong market and Mainland China market.  

 

Compared with the previous years, the exam is getting more and more challenging. Of course, its difficulty will be adjusted every month, because HKSI holds exams monthly and weekly, hence the difficulty level will be adjusted accordingly. Generally speaking, if you take this exam without any preparation, you will definitely not be able to pass it. Furthermore, if you have certain foundation knowledge, you should not underestimate the exam. You should keep in mind a unique feature of the HKSI exam: this is a Hong Kong based exam.There are differences between Hong Kong exams and Mainland China exams.

 

In addition, some people said that the exam is simple. I think it’s mainly because their strength is in learning things; with that said, the HKSI exam actually focuses on the practical application of the day to day operations of securities dealings. If you can understand the content in the study manual, the overall exam will not be difficult, because the passing score is 70%, right? To put it in simpler terms, the saying that the exam is difficult and easy are both reasonably correct. So what exactly is the pass rate of the exam?

 

In fact, you can check the exam pass rate by going to the official website. It has an average pass rate of about 50% to 55%. It is the pass rate of every session counting in every candidate. If you calculate the pass rate this way, as the exam does not limit the number of times you can take the exam, there may be many exam takers who have taken the exam twice or more. Therefore, I think the actual pass rate is lower than its published pass rate. Generally speaking, I believe that the pass rate of the exam will be approximately about 50% or lower. In regards to exam pass rate adjustments, HKSI tends to adjust the exam passing rates by modifying the difficulty of the exam, based on the previous months’ exam pass rate – if the pass rate of the previous month is relatively low, HKSI will simplify the exam in hopes to bump up the past rate. 

 

How can we help?

2CExam provides HKSI LE, IIQE, EAQE and SQE related exam preparation materials. We sell mock question banks for IIQE Papers 1, 2, 3, 5 and MPFE in Chinese and English; and bibles for IIQE Papers 1, 2, 3, MPFE in Chinese. We also offer 1 on 1 tutorial services. Besides, we have also made free tutorial videos for IIQE Papers 1, 2, 3 and MPFE and posted on public channels such as Youtube/ Bilibili/ Tencent/ Iqiyi. 2CExam has been an exam training expert for years. Should you need any help please visit www.2cexam.com or contact us through:

Phone +852 2110 9644 Email: [email protected] Wechat: hk2cexam WhatsApp: +852 9347 2064

Please support us by leaving comments and likes if you think this article helps you!

You can scan or click on the QR codes to visit our social media.

Latest Article

Categories

過往文章

Contact US

Interesting Articles

What is the HKSI license?

May 11, 2021

How to register for the exam? How to prepare? What?! The HKSI exam result is not a license? HKSI, Hong Kong Securities and Investment Institute’s designated LE’s (Licensing Examination, Qualifying Examination) passing result is one of the competency requirements for applying for a license to become a representative and/or responsible officer. However, HKSI is a…

What exactly is a Hong Kong securities license?

May 11, 2021

Is it an HKSI license or an SFC license or an HKMA license? What is the 178 license?  We often hear people mention the 178 license, what does that mean exactly? In fact “178 license” is a common misnomer. 178 does not refer to a license, but a combination of exam papers that need to…

Insurance Intermediary Qualification Examination (IIQE) Exemptions

May 4, 2021

Type A & B of exempted applicants According to Insurance Authority’s Insurance Intermediaries Quality Assurance Scheme (IIQAS), There are 5 types (A, B, C, D, E) of individuals who could be exempted from the IIQE requirement. Type A individuals could be exempted from IIQE Paper 1 (Principles and Practice of Insurance), IIQE Paper 2 (General…

What Is the Difference Between SFC License And HKMA License?

May 4, 2021

Which license should a bank employee apply for? Will it be supervised by the SFC or HKMA? What is a SFC license? The full name of SFC is the Securities and Futures Commission, and it is the statutory regulator of the securities industry in Hong Kong. The Securities and Futures Commission was established in accordance…

What is the validity period of the HKSI LE Hong Kong Securities Examination results?

May 4, 2021

If you ever asked the questions above, then this article is specially written for you! In order to better comprehend the specification of HKSI’s licensing details, we must first clarify the relationship between the various institutions. HKSI is the abbreviation for Hong Kong Securities and Investment Institute. If you ever considered obtaining license(s) for securities-related…

HKSI LE Exemption

May 4, 2021

Let’s talk about Exemptions: Hong Kong Securities and Investment Institute (HKSI) Licensing Examination Paper 7,8,9,11,12 – Common Misunderstandings we all have when it comes to comprehending the Hong Kong Securities and Investment Institute’s (HKSI) exemption methods and requirements.  Able to Have Exemptions from HKSI Examination Papers 7 to 12 By fulfilling any of the following…

What is the validity period of the EAQE/SQE exam?

April 28, 2021

As a city with a dense population, Hong Kong’s property prices continue to be extremely lucrative. With each buying and selling transaction involves several million, being a real estate agent is a way for many people to make a fortune. Imagine how selling only one deal monthly can already enable you to have a comfortable…

What is the validity period of IIQE test results?

April 28, 2021

“If you have money, buy insurance, if you don’t have money, you can sell insurance.” I wonder if you have heard of this saying. Many people rely on insurance to support themselves and their families. Before entering the industry to sell insurance, you need to take at least 2 Insurance Intermediaries Qualifying Examination (IIQE) exam…