Is the R01 exam difficult?

The exam questions can be very tricky, far trickier than many practice questions on offer in the market, so candidates get a real shock in the exam, and not in a good way. No candidate wants to start the exam to find the questions they have practised on are much easier that those they now face.

What is the ro1 exam?

CII R01 Exam: Financial Services, Regulation & Ethics. The CII’s R01 exam focuses on financial services; its regulation and ethics. It forms a part of the Diploma in Regulated Financial Planning. It is a 2-hour multiple-choice question paper consisting of 100 questions, with a nominal pass mark of 65%.

What is the pass mark for R01 exam?

R01 Financial services, regulation and ethics

How do I study R01?

Here are 10 tips to make sure you pass the exam first time – or at least make it more likely!

1. Put in the hard yards.
2. Work smarter, not harder.
3. Focus on chapters 5, 6, 7 and 8 of the CII R01 study text.
4. Focus on the content you don’t know.
5. Guess!
6. Read the exam questions twice.
7. Practice, practice, practice.

Is ro1 multiple-choice?

The R01 financial services, regulation and ethics exam is two hours long and there are 100 questions to answer. 87 standard multiple-choice questions (MCQ), and 13 multi-response questions.

How much money is an R01?

If you contrast that with the research project grant for the R01, this is an award up to five years. It doesn’t have to be for 5 years, could be four years. The budget is typically less than $500,000 annually in direct costs. If you need more than that, you need to write a letter and get some prior approval for that.

How long does it take to do ro1?

About the R01 Exam The exam itself is a two-hour computer based multiple choice exam held at test centres throughout the country. As the exam is computer based, you can sit it on a date of your choosing throughout the year providing more flexibility to accommodate your studies.

Is ro1 multiple choice?

What is ro1 qualification?

Financial Services, Regulations and Ethics (R01) is a core unit for the Diploma in Regulated Financial Planning which meets the FCA’s qualification requirements for retail investment advisers. This unit is relevant for paraplanners, technical consultants and those in financial planning support roles.

How do you beat R04?

10 tips to pass first time

1. Put in the hard yards.
2. Work smarter, not harder.
3. Practice, practice and practice some more.
4. Focus on chapters 2, 6, 7 and 8 of the CII R04 study text.
5. Don’t panic about the HMRC tax regime!
6. Calculations.
7. Focus on the content you don’t know.
8. Guess!

How much is an ro1?

What should I know about the R01 exam?

Here are some other tips and information you might find useful: R01 exam: the 5 myths. Click here R01 exam: three technical areas you should know. Click here Five top tips for R0 exam success – part 1. Click here For more details on R01, see the CII website. Click here Answers: 1: C; 2: D; 3: C; 4: A; 5: D; 6: C; 7: A; 8: C; 9: A; 10: C.

Which is the best way to pass the RO1 exam?

Start early. With 8 weeks to go before the exam I took a deep breath and began the first slog through the book. Whilst the content isn’t too difficult to grasp, there is a lot of it, and some of it will take a little further research to understand if you’re approching it as a novice.

What is the pass rate on the CII R01 exam?

The CII’s R01 exam, Financial Services, Regulation and Ethics, has a current pass rate of 69%. The exam has 100 questions, and you have 2 hours to complete it. 87 questions are single-response questions that only need one answer. 13 of the 100 are pesky multiple-response question that require more than one answer. These are much harder to answer.

What was my pass rate for RO1 in 2015?

With a 2015/16 pass rate of c.59% and a whizz of conflicting information about whether to purchase Revision Mate question packs or not, I wholly threw myself into arguably one of the dullest books in all of bookdom, and came out with a passmark of 75.