What is the difference between the computer-based exam and the paper-based exam of the Insurance Intermediaries Qualifying Examination

July 26, 2021

 

Many people are curious about the difference between the IIQE’s computer-based exam and the paper-based exam. First of all, IIQE does not hold many paper-based examinations. In many cases, it will only hold paper-based examinations for Paper 1. If you have special needs, such as not being proficient with computers, or having a vision deficit etc., you can contact PEAK to arrange for special consideration and ask for paper-based exams. 

 

As for whether the computer test and the written test are the same, in terms of content alone, they are actually the same. The paper-based exam and the computer-based exam use the same study manual and the exam questions are drawn from the same question bank. Some people say that they have taken a computer-based exam or the paper-based exam, and think one of them is easier, but we think it is actually a matter of luck. The difficulty of the questions depends on the students’ luck. If you are lucky, there are super easy questions that will enable you to pass the exam relatively easily. If you are unlucky, there are more critical thinking application questions, and unclear questions that will affect your performance more easily. We disagree that there is a connection between the exam mode and the exam’s difficulties. 

 

However, the paper-based exam and the computer-based exam are really different in other aspects. 

What are the differences between a paper-based exam and a computer-based exam? 

 

  1. The most important difference is the speed of the issue of the results.

If you take the computer-based exam, you can know the score immediately after submitting the exam paper for electronic marking, so that you don’t have to worry about the results for days.

 

      2. You can bring less items into the exam if you partake in the computer-based exam

The second difference is that for computer-based exams you basically only need to bring the relevant identification documents, and possibly a calculator. If you take the paper-based exam, you not only need to bring a pencil, eraser and other stationery, but also you need to print the admission ticket and take it to the exam arena. If you do not bring the admission ticket, you will need to fill in your person information after the exam. 

 

      3. If you partake in the computer-based exam, there is no need to arrive early

A candidate can start their exams immediately once they have inputted their identification number. However, it is highly recommended that the candidate arrive early for the paper-based exam, as the paper-based exam requires candidates to manually fill their application code, centre number by blackening boxes. If a candidate is quick in doing form filling related things, one may be able to complete the exam paper filling process in a minute, but normally, the form filling process will take several minutes to complete. If you do not arrive early, you need to sacrifice the time of the exam to do the form filling. If the form filling process is not done by the time you submit the exam, the examiner will not give you time to fill in the basic information.

 

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:

 

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

Minimum academic requirements for applying for an EAA license

August 6, 2021

  Is there a minimum education requirement for the real estate industry?   The conditions for the licensing of the real estate industry are included in the “Fit and proper person to hold a licence” guidelines issued by the Estate Agent Authority (EAA). All real estate agents and salespersons who wish to be licensed must…

Minimum academic requirements for applying for an IA license

August 6, 2021

  Is there a minimum education requirement for the insurance industry?   The conditions for licensing in the insurance industry are included in the “Fit and Proper” Guidelines (GL23/Guideline 23) issued by the Insurance Authority. All intermediaries who wish to be licensed must abide by this guideline.   IA listed the educational requirements for intermediaries…

Minimum academic requirements for applying for a SFC license

August 6, 2021

Is there a minimum education requirement for the securities industry? The licensing requirements for the securities industry are set by the Securities and Futures Commission (SFC) and compiled into the Guidelines on Competence. All intermediaries who wish to be licensed or registered for regulated activities are required to abide by this guideline.   SFC lists…

How should I apply for a license if I want to engage in the real estate industry? What conditions must I meet?

August 6, 2021

  First of all, to apply for a real estate intermediary license, you need to meet the “Fit and Proper” Guidelines issued by the Estate Agent Authority, such as passing EAQE or SQE.   Secondly, The financial status of the applicant will also be reviewed, and the applicant cannot be under bankruptcy status or enter…

How do I apply for a license if I want to engage in the insurance industry? What conditions must I meet?

August 6, 2021

  The insurance industry can not only help some people who may have urgent needs in the future, but also enables agents to possibly make a lot of money, as well as meet wealthy people, hence it is a very attractive profession. To go back to the basics, if a candidate wants to sell insurance…

How should I apply for a license if I want to engage in the securities industry? What conditions must I meet?

August 6, 2021

  In the finance, banking, and securities industries, there are millions of assets flowing in and out everyday to say the least. Many people are eager to meet wealthy people, earn a generous amount of commission income, and even easily be in control of the stock market. However, to go back to the basics, if…

Who should I contact if I have questions about licensing in the real Estate industry? Why can’t I contact PEAK? Should I contact 2CEXAM?

July 27, 2021

  Many students who want to become insurance intermediaries may have some questions regarding what exams to take and what to pay attention to when issuing licenses; with that, they might not know who to ask. Should candidates ask 2CExam? PEAK? Or the  Estate Agents Authority ?    In fact, PEAK is only responsible for…

Who should I contact if I have questions about licensing in the insurance industry? Why can’t I contact PEAK? Should I contact 2CEXAM?

July 26, 2021

  Many students who want to become insurance intermediaries may have some questions regarding what exams to take and what to pay attention to when issuing licenses; with that, they might not know who to ask. Should candidates ask 2CExam? PEAK? Or the Insurance  Authorities?    In fact, PEAK is only responsible for organising exams,…

Who should I contact if I have questions about licensing in the securities industry? Why can’t I contact HKSI? Should I contact 2CEXAM?

July 26, 2021

  Many students who want to become securities practitioners may have some questions regarding what exams to take and what to pay attention to when issuing licenses; with that, they might not know who to ask. Should candidates ask 2CExam? HKSI? Or the SFC?    In fact, HKSI is only responsible for organising exams, issuing…

What is the difference with the IIQE examination after the Insurance Authority (IA) takes over the insurance industry?

July 26, 2021

  The long-standing self-regulatory method of the insurance industry officially ended on September 23, 2019. Beginning on September 23, 2019, the Insurance Authority (IA) took over the management of all compliance, licensing, monitoring and disciplinary matters for the entire insurance industry. After taking over, the Insurance Authority (IA) has also made changes to some of…