Shocking! 90% Get HKSI, SFC Licenses Wrong? 🤯 Must-Read for HK Newbies! 💼📚

August 22, 2024

Hi everyone! I’m a student at 2CEXAM, and today I’m here to chat about some common misconceptions in Hong Kong’s financial industry. As a newbie, I was once confused about these concepts, but thanks to the professional instructors at 2CEXAM, I’ve finally got it all figured out! Let’s see how many of these you’ve fallen for~

1. SFC membership? Doesn’t exist! 🙅‍♀️

❌ Misconception: SFC has a membership system ✅ Fact: SFC doesn’t have members! They issue licenses, and license holders are called “licensed representatives” or “licensed corporations”

2. HKSI membership ≠ license 🤯

❌ Misconception: Becoming a Hong Kong Securities and Investment Institute (HKSI) member means you get a license ✅ Fact: HKSI membership is mainly for event discounts, it’s not related to licensing at all!

3. Exam results ≠ license 📝≠🎫

❌ Misconception: Passing the HKSI exam equals getting a license ✅ Fact: Passing the exam is just one of the conditions for applying for a license, other conditions are needed too

💡 Tip: 2CEXAM’s professional courses not only help you pass the exam but also explain the entire license application process in detail!

4. Is the certificate really just decoration? 😱

❌ Misconception: The certificate can be used to apply for a license ✅ Fact: The certificate is indeed just decoration! You need the exam pass results to apply for a license, not the certificate itself

5. Licenses aren’t permanent 🕰️

❌ Misconception: Once you get a license, it’s valid forever ✅ Fact: The validity of the license is related to your employment status; it becomes invalid when you leave your job

6. Exam results are only valid for 3 years! ⏳

❌ Misconception: Exam results are valid forever ✅ Fact: Exam pass results are only valid for 3 years as a condition for license application

🔥 Reminder: 2CEXAM’s courses are updated to follow market trends, ensuring you learn the most up-to-date and practical knowledge within the validity period!

7. Entering the industry ≠ must take the exam first 🤔

❌ Misconception: You must take the exam before entering the industry ✅ Fact: If you have resources or connections, you can enter the industry first and take the exam later

Tips 💡

  1. Consider carefully whether to enter the industry; competition is fierce, and the input-output ratio isn’t always high
  2. Resources and connections are sometimes more important than exam results
  3. 30 isn’t too late to switch careers; you can work in this industry until 70-90!
  4. Finding the right position for yourself is important, don’t blindly follow trends

Why Choose 2CEXAM? 🏆

  1. 10 years of professional experience, helping over 10,000 students successfully obtain various financial licenses
  2. Comprehensive course content, covering HKSI LE Papers 1-12 and IIQE Papers 1-5
  3. Flexible learning methods: one-on-one tutoring, small group classes, online and offline dual modes
  4. Professional instructor team from the frontline of the financial industry with rich experience
  5. Not just teaching for exams, but also imparting industry entry skills and workplace experience

I hope this article helps clear up some doubts! If you have any questions, feel free to leave a comment below~ For more information about financial exams and licenses, follow 2CEXAM now!

#HongKongFinance #CareerExperience #JobHunting #2CEXAM #FinancialExams

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