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IMC Frequently Asked Questions

IMC Specific Questions

What happens if I enrol and the syllabus changes?

Every year, starting from 1 December, all candidates taking their IMC exams will be examined based on the updated syllabus. The IMC syllabus undergoes revisions on 1 December each year. Enrolling with Quartic before the update grants you immediate access to the current version and new version once the materials are released. Additionally, we provide you with a comprehensive document detailing all the modifications made. If requested, a tutor will guide you on which areas you can start studying using the current version, ensuring a seamless transition to the updated syllabus.

Can I sit the Unit 2 exam before Unit 1?

Yes, you can sit the Unit 2 exam before Unit 1. There is no requirement for them to be done sequentially; candidates have the flexibility to choose the order in which they take the exams.

How can I balance my study time with my busy work, home, and social life?

Balancing study time with a hectic work, home, and social life requires effective time management and prioritisation. Start by creating a weekly schedule that includes dedicated study periods. Communicate your study commitments to those around you and seek their support in maintaining a quiet environment when you need to focus. Learn to say no to non-essential social engagements during your study periods and use breaks at work or home to review materials. Additionally, consider seeking assistance from family, friends or colleagues to share responsibilities, allowing you to carve out valuable study time without neglecting other aspects of your life.

How can one effectively plan and allocate study hours?

The best approach to finding enough study hours is to create a realistic study schedule based on your daily commitments and stick to it. Break down the material into manageable sections, set specific study goals and allocate dedicated time each day or week. Regularly reviewing your progress and adjusting your study plan can help ensure you are covering the necessary content within your available time. Additionally, Quartic can assist you in creating effective study plans tailored to your needs. Furthermore, Quartic’s learning portal offers tools to help you keep track of your progress, enabling you to stay organized and on target with your study goals. Utilise these resources to monitor your advancement and adjust your study plan accordingly.

How much studying is involved?

The recommended study time for Unit 1 is 100 hours, and for Unit 2, 120 hours. However, the actual time can vary based on each individual’s background and learning pace.

Is it advisable to pursue the IMC certification if I plan to pursue the CFA designation later on?

Pursuing the IMC certification is optional before moving on to CFA, not compulsory. However, it is highly beneficial, especially for individuals new to the finance industry, as it provides a strong foundation in investment management principles. This knowledge can be valuable preparation for the more advanced concepts covered in the CFA program.

Is extensive knowledge of mathematics and accounting required for the IMC ?

No, extensive knowledge of mathematics and accounting is not required for the IMC. It is designed to be accessible to individuals from diverse backgrounds, including those without advanced mathematics and accounting knowledge. It focuses on fundamental concepts in investment management and does not require specialised mathematical or accounting skills. Quartic offers introductory courses in mathematics and accounting to help candidates who may face challenges in these areas while pursuing the IMC.

Am I eligible to do the IMC exams if I’ve never worked in finance?

Yes, you are eligible to take the IMC exams even if you have never worked in finance. The IMC programme is designed for individuals at all levels of experience, including those who are new to the finance industry.

IMC General Questions

How do I cancel a subscription?

You cancel your subscription by deleting your direct debit. Your can also email [email protected] and request for a cancellation of your subscription.

Do your prices include registration and exam fees?

No. The Quartic fee covers your registration with Quartic for the IMC programme, not with the CFA UK. It’s important to note that you must separately register with the CFA UK and directly book your exams through their official channels. Quartic assists you in your preparation, but the examination registration and booking process are handled independently through the CFA UK.

How many practice questions are there?

More than 300 questions in Unit 1 and more than 450 questions in Unit 2

I am an international student and want to extend my visa. Can Quartic Help?

Quartic does not provide documentation for visas for international students.

What are Quartic’s pass rates?

Quartic is a CFA Institute Prep Provider and is not permitted to publish pass rates. This said, we can assure you that the materials you receive from us will help you to succeed, not only in your exams, but throughout your career.

How does the free trial work?

When you sign up for a free trial, you will receive an email containing your access information. This will enable you to log in to the Quartic Online portal and explore a portion of the course without charge. You will have two weeks of access.

Can my company get a discount if we enrol more than one student?

Yes, we are very happy to arrange a discounted group booking – please get in touch. We can also discuss preferential corporate products and prices.

Can I download the videos/book?

You have the option to view the videos offline through our app. Please note that downloading the videos or e-book is not permitted.

Once enrolled, how do I access my learning materials?

You will receive an email with your access details. If not, we recommend that you check your junk mail.

Is the Quartic book the same as the OTM?

No, the Quartic book is not the same as the OTM. The Quartic materials are structured in a way that makes navigating the content easier, offering a more logical approach studying for the exam. These materials are specifically designed to be used alongside the online videos available on the Quartic learning portal.

If I enrol now, what will be the duration of my access to the study materials?

Upon enrolment, you will have access to Quartic’s study materials for a duration of 12 months.

What happens if I fail my exam and need further access to the Quartic material/videos?

The Quartic materials are available to you for 12 months. If you are unsuccessful in your exam and resit within this window then the materials remain fully accessible to you. If you need to extend, we try to be flexible within reason, but there may be a charge for additional access. Note that 12 months should be more than sufficient for most candidates.

IMC Exam Questions

Can Quartic book the exam for me?

No. Your exam cannot be booked by someone else. It is your responsibility to book directly with CFA UK.

Can my employer book the exam for me?

No. Your exam cannot be booked by someone else. It is your responsibility to book directly with CFA UK.

What pass mark do I need?

The pass mark for the IMC Unit 1 examination is between 65% and 75%; for the IMC Unit 2 examination it is between 60% and 70%. Exams consisting of harder questions will have a relatively lower pass mark and vice-versa.

When is the exam?

The exam is on demand which means you can schedule your exam for any timeslot that is available. This must be done directly with CFA UK.

Is the exam all multiple choice in format?

No. IMC questions come in three types: standard multiple choice, ‘gap fill’ and item sets. Standard multiple choice has a question with four answer options. ‘Gap fill’ requires entering a value, following specified rules given in the question. Item sets present a scenario with related questions, using consistent information throughout.

How do I book my exam?

Your exam will need to be book directly through CFA UK. Link:https://www.cfauk.org/learn/qualifications/essential-information/in-person-exams

Can I sit the exam from home?

Yes, CFA UK allow remote testing via OnVUE Online Proctoring. You will need to liaise directly with the CFA UK to book your exam.

If I fail the exam, how long before I can resit?

You are limited to attempting the IMC exam a maximum of four times within a four-month testing window.

Does Quartic cover everything in the exam?

Created by expert writers, our content aims to explain each concept in depth, preparing you for most exam questions. However, the official IMC curriculum is extensive, making it impractical for Quartic to cover every detail. The materials focus on the core examinable content and we do recommend that candidates use the offical training manual as a refernce document.

Copyright ©2025 Quartic Training Limited. CFA Institute does not endorse or warrant the accuracy or quality of the products or services offered by Quartic Training Limited. CFA Institute, CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.

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