CPWP Bridging Programme Post-training Examination
The Certified Private Wealth Professional (CPWP) Bridging Programme is jointly organised by the Hong Kong Securities and Investment Institute (HKSI Institute) and Hong Kong Institute of Bankers (HKIB) is designed for holders of Certified Retail Wealth Professional (CRWP) Certification to equip them with the technical and product knowledge as well as ethics and compliance aspect in the context of private wealth management.
Upon completion, the CPWP Bridging Programme participants are equivalent to passing the existing CPWP Examinations of Module 1 (Paper 1) and Module 2. They only need to pass the CPWP Module 1 (Paper 2) Examination to fulfil the examination requirement prior to applying for the CPWP / CPWP Associate (CPWPA) Certification.
The CPWP Bridging programme consists of the following parts:
- Module 1 – Technical and Product Knowledge:
- Mode: eCourse
- Duration: 7 hours
- Provider: HKSI Institute
- Module 2 – Compliance and Ethics
- Mode: classroom / webinar lectures
- Duration: 6 hours
- Provider: HKIB
- Post-training Examination (examination)
- Mode: computer-based examination
- Duration: 1 hour
- Provider: HKSI Institute
Candidates must attend all the units of each Module 1 and Module 2 training course to sit for the examination. Please refer to its website or HKIB website for details of the Policies and Procedures for CPT Training Courses and Events.
CPWP Bridging Programme is the eligible training programme under the Financial Incentive Scheme of the Pilot Programme to Enhance Talent Training for the Asset and Wealth Management Sector (“WAM Pilot Programme”). WAM eligible participants are able to reimburse 80% of the programme fee upon passing the post-training examination. The participants who do not pass the post-training examination must retake and pass the re-examination within 1 month from the date of his/her first examination to qualify for the reimbursement.
- For sitting the post-training examination, the CPWP Bridging Programme participants should completed all Module 1 and Module 2 of CPWP Bridging Programme five working days before the examination date.
Prerequisite for Retaking the Examination
- The CPWP Bridging Programme participants are eligible to re-enrol for the post-training examination within three years from the date of his/her first examination, if they have:
- not passed the examination; and
- completed all Module 1 and Module 2 of CPWP Bridging Programme.
Format: 40 multiple choice questions (note 1)
Examination Question Language: English
Duration: 1 hour
Pass Mark: 70%
Mode: Computer-based Examination (CBE)
Examination System and Interface Language: Examination System Simulator; English
Examination Venue: Hong Kong Examination Centre (CBE) Centre (Examination Day Flow)
Frequency (note 2): Twice a year
Examination fee: HKD2400
The next examination will be held on 14 February 2025 (Friday) 4:30 PM.
Notes:
- Multiple-choice questions (MCQs) contain a stem and four answer choices including only one correct answer. 20 MCQs from Module 1 and 20 MCQs from Module 2.
- For the examination dates and application deadlines, please click here. Please note that enrolment is on a first-come-first-served basis.
- The CPWP Bridging Programme consists of Module 1 and Module 2. Candidates need to attend the relevant training course to sit the examination.
- HKSI Institute offers an eCourse for Module 1 and HKIB has offered classroom/webinar lectures for Module 2. The CPWP Bridging Programme Post-training Examination will be based on the course materials from the latest CPWP Bridging Programme training course.
- Candidates are advised to keep a copy of the course materials for their own records, if necessary. No course materials will be provided to candidates who only re-enrol for the CPWP Bridging Programme Post-training Examination.
- The HKSI Institute reserves the right to cancel or reallocate the training course. Under the circumstances, requests for refunds and/or transfers of any examination-related fees will NOT be entertained.
- Upon successfully completing the CPWP Bridging Programme (i.e. completing the training modules and passing the post-training examination), candidates will obtain a certificate.
- Candidates who fail the post-training examination are allowed to retake the examination within three years from their first examination date and are NOT required to go through the training modules again. If candidates fail the examination on their first attempt and wish to apply for WAM reimbursement, they must retake and pass the examination within one month. For details of reimbursement, please refer to the FAQs section.
- A certificate of completion for the CPWP Bridging Programme will be jointly awarded by the HKSI Institute and HKIB to the programme participants who completed the two training modules and passed the post-training examination. The certificate holder is equivalent to passing the existing CPWP Examinations of Module 1 (Paper 1) and Module 2.
- The Certificate will be available in the Online Portal approximately EIGHT working days after the examination date. Candidates can download and print the Certificate within ONE YEAR of the examination.
You can find frequently asked questions about the examination below. Click here to know more about the CPWP Bridging Programme, or click here for other questions.
- Why are some examination sessions visible on the HKSI Institute website's Examination Schedule but not found in ProScheduler?
- What is the "Preferred Month for Examination" stated in the enrolment page?
- Why I can only choose the examination session within the two weeks being shown in ProScheduler?
- Who should I contact if I encounter issues while scheduling an examination session through the "ProScheduler" platform?
- I have not completed two modules of the CPWP Bridging Programme, but studied all materials. Can I still take the examination?
- What are the key points to keep in mind on the examination date?
- On the examination day, if I am unable to attend, can I request a reschedule or seek a refund?