Certified Private Wealth Professional (CPWP) Module 1
Training Programme
Papers: Paper 1 – Financial Instruments | Paper 2 – Wealth Management
Programme Overview
The CPWP Module 1 Training Programme consists of self-paced eLearning modules designed to support candidates preparing for the CPWP Module 1 Examination. While participation in the training is optional, candidates are encouraged to enrol in relevant training to strengthen their technical knowledge and readiness. The programme content is based on the CPWP study guide and aligns to the latest syllabus.
Please refer to the information below for details on the training, the examination requirements for each paper, and the enrolment process.
Learners have two ways to access training:
1. Discounted training for exam-enrolled candidates
Candidates who have enrolled in the CPWP Module 1 Examination (Paper 1 or Paper 2) are eligible for a special discounted rate for the corresponding Refresher Programme.
- Paper 1 Refresher Programme (10 hours): HKD 600 (Member) | HKD 800 (Non-member)
- Paper 2 Refresher Programme (7 hours): HKD 1,100 (Member) | HKD 1,300 (Non-member)
Note:
(1) The discounted rate is available only to candidates who have enrolled for the examination.
(2) Member eCredits are not applicable to the above discounted rates and may be reserved for other training courses.
(3) Topic 10 is free of charge. Although it contains 2 hours of content, it is not included here.
2. Standalone courses (standard rates)
Learners who wish to explore the content before deciding on the examinations may enrol in standalone Private Wealth Management eCourses under at standard CPT course rates.
This provides full flexibility — learners can explore individual topics and later register for the exam if they choose.
Paper 1 – Financial Instruments (Total: 10 hours)
| Topic | Title | CPT Hours |
|---|---|---|
| T1 | Basic Products: Fixed Income, Equity & Foreign Exchange | 2.5 |
| T2 | Derivatives & Structured Products | 2.5 |
| T3 | Investment Funds & Alternative Investments | 2.0 |
| T4 | Portfolio Management: Theories & Practices | 1.5 |
| T5 | Lending & Leverage | 1.5 |
| Total | 10.0 | |
Paper 2 – Wealth Management (Total: 9 hours)
| Topic | Title | CPT Hours |
|---|---|---|
| T6 | Wealth Planning | 2.0 |
| T7 | Behavioural Finance | 1.5 |
| T8 | Customer Relationship Management | 2.0 |
| T9 | Overview of Private Wealth Management Industry | 1.5 |
| T10 | Overview of PWM Markets: Hong Kong, Mainland China & Asia-Pacific* | 2.0 |
| Total | 9.0 | |
* Provided by PWMA as the unique study support of this topic.
Examination details are as follows:
| Paper | Mode | Format | Duration | Pass Mark | Frequency |
|---|---|---|---|---|---|
| Paper 1 – Financial Instruments |
Computer‑based | 40 MCQs | 80 minutes | 70% | Monthly |
| Paper 2 – Wealth Management |
Paper‑based | 20 MCQs + 1 structured question | 100 minutes | 70% | Approx. every six weeks |
Please click here for full details on the Certified Private Wealth Professional (CPWP) Module 1 Examination and CPWP Certification.
All training is delivered as self‑paced eLearning on the HKSI Institute Learning Management System with progress tracking.
- Study Guide access (upon exam enrolment): Paper 1 (Topics 1–5) and/or Paper 2 (Topics 6–9), plus the Guidelines for Examination Preparation and a Sample Practice Test, available until the examination date.
- Paper 2 – Topic 10: No study manual. Candidates are automatically enrolled in the PWMA eSeminar (official material). A complimentary taped sharing session on approaching the structured question is also provided. Both resources are accessible for 90 days.
Candidates may choose:
- To access the discounted training: Enrol in the CPWP Module 1 Examination (Paper 1 or Paper 2); the discounted Refresher Programme option will then be available for the corresponding paper via a confirmation email.
- To learn first: Enrol in standalone Wealth Management eCourses to familiarise themselves with the content before deciding on the examination later.