If the IIQE insurance exam has more than one exam paper, which exam paper should I partake in first? How should I prioritise and organise my exam schedule?

June 15, 2021

Many students who are new to the insurance industry would ask us: “ Which paper should I take first when the Insurance Intermediaries Qualifying Examination (IIQE) has that many papers? “

 

Which exam paper should I take first?

The Insurance Authority (AI) has no requirement for the order of passing the exam in all the qualification exam papers. Candidates can apply for different exam papers according to their needs and decide the order of their own. We recommend that students start with the paper 1 exam, because the paper 1 exam is the foundation, and many of the other papers are part of the content of the paper 1 exam, or an extension of a certain chapter of the paper 1 exam. Studying paper 1 allows the candidate to have a relatively macro and clearer mind map of various concepts, hence it is easier for the candidates to connect the different concepts.

 

Let me briefly talk about the characteristics of other IIQE exam papers

 

  • The examination content for paper 2 is an extension of general insurance. Generally speaking, the length of this exam is short but the content itself is more challenging compared to other papers; as it covers quite a broad spectrum of knowledge that does not have direct connections or similarities between each of the concepts. However, the first two chapters of the paper 2 exam have amounted to 80% of the entire paper. 

 

  • Paper 3’s content consists of an extension of long-term business examination topics, which in comparison is relatively short and easy to understand compared to other papers. In other words, paper 3 is the easiest paper among all 4 papers. 

 

  • Paper 5 is an exam for insurance intermediaries who sell investment-related insurance products. This paper contains a lot of economics, financial and risk-related examination topics; hence candidates will need to recite formulas and calculation methodologies. The length of the exam is relatively longer than other papers. As per the difficulty level of the paper 5’s exam, we would say that it is average in difficulty. The IIQE paper 5 exam has a high level of similarity with the HKSI LE paper 7 and 8. 

 

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

The differences between a SFC Responsible Officer (RO), HKMA Executive Officer (EO) and a Sale Representative (Rep)

June 30, 2021

  The different regulatory agencies   Before explaining the differences between a responsible officer (RO), HKMA’s executive officer (EO) and sales representative (Rep), you must first know that there are two regulatory agencies that regulates companies that are engaging in securities business: the Securities and Futures Commission (SFC) and Hong Kong Monetary Authority (HKMA).The regulatory…

What kind of updates will be made in different versions of IIQE study notes?

June 30, 2021

  What updates will be made in the newest version of IIQE study notes has been a hot question from our clients. The answer may disappoint you or make you relieved. There are two kinds of major updates:   Changes in Laws, Regulations and Regulatory Body There will not be unreasonable or unnecessary modifications in…

What kind of updates did the HKSI make in the LE study manual?

June 30, 2021

Many of our clients are frustrated with needing to retake the exam, or some are going to take the exam right before the HKSI is going to update the manual. They are concerned with what updates the HKSI would make on their study manual. Below we will uncover what differences will be commonly found between…

How to apply for an insurance intermediary IA license in Hong Kong?

June 24, 2021

  Many students who have no experience in the insurance industry feel puzzled about the procedures regarding applying for a license. This article mainly teaches students how to prepare to apply for a insurance license.   First of all, to apply for an insurance license, you need to meet the requirements of the “Fit and…

How to apply for an SFC Hong Kong Securities License?

June 24, 2021

Many students who have no experience in the securities industry feel puzzled about the procedures regarding applying for a license. This article mainly teaches students how to prepare to apply for a securities license.   First, to apply for a securities license, you need to meet the ”Guidelines on Competence” issued by the securities and…

Which IIQE insurance exam paper is more difficult? Which is easier? I don’t have any insurance knowledge, where and how should I get started?

June 24, 2021

Which IIQE insurance exam paper is more difficult? Which is easier?   There are 4 most popular papers in the IIQE exam: IIQE Paper 1, 2, 3, 5. If you sort by difficulty, IIQE Paper 1 will be the most difficult because the concepts and content are broad and have the most content compared to…

Which of the HKSI LE securities exams is more difficult? Which is easier? I haven’t studied finance before, where and how should I get started?

June 24, 2021

What are the contents of the HKSI LE exam papers?    The Licensing Examination for Securities and Futures Intermediaries (HKSI LE) paper 1 is considered as the basic course for aspiring Securities and Futures Practitioners. Anyone who wishes to enter the industry – after the emergence of the securities examination system needs to take the…

Are the EAQE/SQE video courses on 2CExam’s Youtube channel still applicable to the exams today?

June 24, 2021

Are the EAQE/SQE video courses made by 2CExam a few years ago still applicable to the examinations today?   In recent years, 2CExam has launched a series of online video courses for the EAQE/SQE exam. The courses integrate the most important content in the entire examination and are covered by a seasoned tutor from scratch.…

Are the IIQE Paper 1 video courses on 2CExam’s Youtube channel still applicable to the exams today?

June 24, 2021

Are the IIQE Paper 1 courses uploaded by 2CExam a few years ago still applicable to the exam? In recent years, 2CExam has launched a series of online video courses for the IIQE Paper insurance exam. The courses integrate the most important content in the entire exam paper and are covered by seasoned instructor from…

Are the HKSI LE Paper 1 video courses on 2CExam’s Youtube channel still applicable to the exams today?

June 24, 2021

Are the HKSI LE Paper 1 video courses made by 2CExam a few years ago still applicable to the examinations today?   In recent years, 2CExam has launched a series of online video courses for the HKSI LE Papers. The courses integrate the most important content in the entire examination paper and are covered by…