{"id":48,"date":"2022-12-14T15:55:50","date_gmt":"2022-12-14T15:55:50","guid":{"rendered":"https:\/\/www.trainy.co\/blog\/?p=48"},"modified":"2022-12-14T15:55:50","modified_gmt":"2022-12-14T15:55:50","slug":"amf-certification-how-to-pass-it","status":"publish","type":"post","link":"https:\/\/www.trainy.co\/blog\/en\/amf-certification-how-to-pass-it\/","title":{"rendered":"What is the AMF certification and how to obtain it?"},"content":{"rendered":"\n<p class=\"p3 wp-block-paragraph\">Most financial institutions <strong>require their employees to pass the AMF certification<\/strong>. This certification checks and confirms the knowledge and skills of employees in this field.<\/p>\n\n\n\n<p class=\"p3 wp-block-paragraph\">&nbsp; &nbsp;<\/p>\n\n\n\n<p class=\"p3 wp-block-paragraph\">&nbsp; &nbsp; &nbsp;<\/p>\n\n\n\n<h2 class=\"p3 wp-block-heading\"><strong>What is the AMF certification?<\/strong><\/h2>\n\n\n\n<p class=\"p3 wp-block-paragraph\">The AMF, Autorit\u00e9 des March\u00e9s Financiers (equivalent of the SEC in the US), is an independent public authority, whose mission is to <strong><em>\u00ab\u00a0ensure the protection of savings invested in financial products, the information of investors and the proper functioning of markets\u00a0\u00bb<\/em><\/strong>. This certification makes it possible to verify the knowledge of each person and <strong>thus to ensure the efficiency of the markets,<\/strong> the control and the conformity of the services offered by the financial establishments.<\/p>\n\n\n\n<p class=\"p3 wp-block-paragraph\">Concretely, <strong>the certification is presented in two parts:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n\n\n\n<li class=\"p3\">the first one corresponds to 33 questions of category A <\/li>\n\n\n\n\n\n\n<li class=\"p3\">the second is made up of 87 category C questions<\/li>\n\n\n\n<\/ul>\n\n\n\n<p class=\"p3 wp-block-paragraph\">&nbsp; &nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"p3 wp-block-paragraph\">&nbsp; &nbsp;<\/p>\n\n\n\n<p class=\"p3 wp-block-paragraph\"><strong>Read more: <a href=\"https:\/\/www.planetegrandesecoles.com\/jeremy-desir-au-coeur-des-secrets-de-la-haute-finance\">J\u00e9r\u00e9my D\u00e9sir &#8211; At the heart of the secrets of high finance<\/a><\/strong><\/p>\n\n\n\n<p class=\"p3 wp-block-paragraph\">&nbsp;<\/p>\n\n\n\n<p class=\"p3 wp-block-paragraph\">&nbsp; &nbsp; &nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"p3 wp-block-heading\">How does the certification work?<\/h2>\n\n\n\n<p class=\"p3 wp-block-paragraph\"><strong>The test lasts for 2 hours<\/strong>, during which the candidates must answer <strong>120 questions<\/strong> in the form of multiple choice questions, with 3 possibilities and only one true answer. <strong>You must obtain a score of at least 80% correct answers to both parts<\/strong> (79% for the first and 85% for the second does not allow you to obtain the certification).<\/p>\n\n\n\n<p class=\"p3 wp-block-paragraph\">The first file concerns the knowledge of the regulatory and ethical environment and the second one corresponds to the technical knowledge of the candidates.<\/p>\n\n\n\n<p class=\"p3 wp-block-paragraph\">&nbsp; &nbsp; &nbsp;<\/p>\n\n\n\n<p class=\"p3 wp-block-paragraph\">&nbsp; &nbsp;<\/p>\n\n\n\n<h2 class=\"p3 wp-block-heading\">What is the point of taking the AMF?<\/h2>\n\n\n\n<p class=\"p3 wp-block-paragraph\"><strong>The AMF is required as soon as you want to work in the world of finance.<\/strong> Indeed, it is a question of general knowledge, both on market finance and on corporate finance, that you must master. The certification can be taken internally, up to 6 months after hiring, to verify knowledge. It is also possible to take the certification independently and, in this case, <strong>it remains valid for life.&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"p3 wp-block-paragraph\">In 2021, 6580 people had registered to take the MFA, for <strong>a success rate of 66%<\/strong>. The results are communicated to the candidates directly after their test, and a certificate of success is sent by postal way within 2 months of the date of the exam.&nbsp;<\/p>\n\n\n\n<p class=\"p3 wp-block-paragraph\">&nbsp; &nbsp;<\/p>\n\n\n\n<p class=\"p3 wp-block-paragraph\">&nbsp; &nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"p3 wp-block-heading\">How do I take the AFM?<\/h2>\n\n\n\n<p class=\"p3 wp-block-paragraph\">You can register for the AMF exam on <strong>the ESBanque website<\/strong>, which is the reference school for awarding AMF certification. It is possible to take the certification with the book, called Abr\u00e9g\u00e9 des March\u00e9s Financiers, to help you revise <strong>(version at 104\u20ac)<\/strong> or without (version at 84\u20ac).<\/p>\n\n\n\n<p class=\"p3 wp-block-paragraph\">&nbsp; &nbsp;<\/p>\n\n\n\n<p class=\"p3 wp-block-paragraph\">&nbsp; &nbsp;<\/p>\n\n\n\n<p class=\"p3 wp-block-paragraph\"><strong>Read more: <a href=\"https:\/\/www.trainy.co\/en\/blog\/7\/how-to-maximize-your-chances-of-getting-an-ma\">Expert Opinion &#8211; Focus on the M&amp;A sector<\/a><\/strong><\/p>\n\n\n\n<p class=\"p3 wp-block-paragraph\">&nbsp; &nbsp;<\/p>\n\n\n\n<p class=\"p3 wp-block-paragraph\">&nbsp; &nbsp;<\/p>\n\n\n\n<p class=\"p3 wp-block-paragraph\">The AMF integrates <strong>more and more concepts related to sustainable finance.<\/strong> It is estimated that sustainable finance is <strong>the subject of 4 out of 120 questions.<\/strong> Therefore, the AMF makes sure to renew itself regularly in order to be up to date with <strong>the major issues of the financial sector,<\/strong> and thus to ensure that its actors are well informed and competent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Most financial institutions require their employees to pass the AMF certification. This certification verifies and validates the knowledge and skills of employees in this field.<\/p>\n","protected":false},"author":3,"featured_media":600,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-48","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/www.trainy.co\/blog\/wp-json\/wp\/v2\/posts\/48","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.trainy.co\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.trainy.co\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.trainy.co\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.trainy.co\/blog\/wp-json\/wp\/v2\/comments?post=48"}],"version-history":[{"count":0,"href":"https:\/\/www.trainy.co\/blog\/wp-json\/wp\/v2\/posts\/48\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.trainy.co\/blog\/wp-json\/wp\/v2\/media\/600"}],"wp:attachment":[{"href":"https:\/\/www.trainy.co\/blog\/wp-json\/wp\/v2\/media?parent=48"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.trainy.co\/blog\/wp-json\/wp\/v2\/categories?post=48"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.trainy.co\/blog\/wp-json\/wp\/v2\/tags?post=48"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}