FAQ

CFtP Designation

  • CFtP stands for Chartered Fintech Professional.
  • A professional qualification.
  • Attests to charterholder achieving a high standard of knowledge, skills and competency in the areas of Finance, Fintech, as well as ethical and professional practice.
  • Awarded by the Global FinTech Institute (GFI), a global organization of Fintech professionals.
  • Designation conferred upon passing all levels of CFtP exams.
  • 2 years’ experience in Fintech.
  • Joining GFI as member.
  • As long as a charterholder is a member of GFI in good standing.
  • Make annual declaration about professional conduct.
  • Satisfy 20 hours of continuing education (CE) in Fintech or related areas every year. New charterholders are exempted from CE for two years.
  • Membership fees not in arrears.

CFtP Program

  • 5 years from start date of candidature.
  • January 1 start date: registration between July 1 and December 31, of previous year.
  • July 1 start date: registration between January 1 and June 30.
  • Designation conferred upon passing all levels of CFtP exams.
  • 2 years’ experience in Fintech.
  • Joining GFI as member.
  • 1 year with exemptions from both Level 1A Finance and Level 1B FinTech modules.
  • 2 years for all others.

 

  • Varies according to individual’s circumstances.
  • Shorter for those with some background or exposure to some of the topics in the program.
  • Foundation and Level 1 modules: 40 hours per module expected.
  • Level 2: 50 hours per module expected.
  • CFtP is a self-study program.
  • A study guide is provided for each module (cost included in exam fee).
  • No recommended texts but most of the material can be found on the web.
  • None at present.
  • GFI will accredit prep course providers in future.

CFtP Exam

  • Anyone possessing a degree awarded by a recognised university of equivalent professional qualification, e.g. ACCA.
  • Must be above 21 years of age.
  • Exams in English. Other languages may follow.
  • Foundation: Online exams conducted during the window periods of March-April and September-October.
  • Foundation: Candidates are allowed 5 attempts within each window period.
  • Level 1: Twice a year in-person exams in July and December.
  • Level 2: Once a year in-person exam in December.

 

  • Initially in Singapore (Singapore University of Social Sciences) and in Shanghai (Shanghai University of Finance and Economics)

Style of Questions

  • Foundation: 40 MCQ (3 or 4 choices).
  • Level 1: 90 MCQ (3 or 4 choices) per session. No penalty for wrong answers.
  • Level 2: Combination of MCQ and essay questions.

 

Duration of Exams

  • Foundation: 1 80-minute session.
  • Level 1: Morning 180-minute session – Finance modules.

              Afternoon 180-minute session – FinTech modules.

  • Level 2: Morning 180-minute session – Modules 2.1, 2.2 and 2.3.

              Afternoon 180-minute session – Modules 2.4, 2.5 and 2.6.

 

Coverage of Topics Tested

 

  • Foundation: Number of questions from each module: 35% to 65% of total.
  • Level 1: Number of questions from each module: 15% to 35% of total.
  • Level 2: Number of questions from each module: 20% to 45% of total.
  • Not less than 65% for all levels. Final MPS decided by GFI.
  • Exam score is based on total for all modules.
  • No pass requirement for any module.
  • Foundation: At completion of the exam.
  • Levels 1 and 2: Within 75 days of the exam date.

CFtP Program

  • 5 years from start date of candidature.
  • January 1 start date: registration between July 1 and December 31, of previous year.
  • July 1 start date: registration between January 1 and June 30.
  • Designation conferred upon passing all levels of CFtP exams.
  • 2 years’ experience in Fintech.
  • Joining GFI as member.
  • 1 year with exemptions from both Level 1A Finance and Level 1B FinTech modules.
  • 2 years for all others.

 

  • Varies according to individual’s circumstances.
  • Shorter for those with some background or exposure to some of the topics in the program.
  • Foundation and Level 1 modules: 40 hours per module expected.
  • Level 2: 50 hours per module expected.
  • CFtP is a self-study program.
  • A study guide is provided for each module (cost included in exam fee).
  • No recommended texts but most of the material can be found on the web.
  • None at present.
  • GFI will accredit prep course providers in future.

CFtP Exam

  • Anyone possessing a degree awarded by a recognised university of equivalent professional qualification, e.g. ACCA.
  • Must be above 21 years of age.
  • Exams in English. Other languages may follow.
  • Foundation: Online exams conducted during the window periods of March-April and September-October.
  • Foundation: Candidates are allowed 5 attempts within each window period.
  • Level 1: Twice a year in-person exams in July and December.
  • Level 2: Once a year in-person exam in December.
  • Initially in Singapore (Singapore University of Social Sciences) and in Shanghai (Shanghai University of Finance and Economics)

Style of Questions

  • Foundation: 40 MCQ (3 or 4 choices).
  • Level 1: 90 MCQ (3 or 4 choices) per session. No penalty for wrong answers.
  • Level 2: Combination of MCQ and essay questions.

 

Duration of Exams

  • Foundation: 1 80-minute session.
  • Level 1: Morning 180-minute session – Finance modules.

              Afternoon 180-minute session – FinTech modules.

  • Level 2: Morning 180-minute session – Modules 2.1, 2.2 and 2.3.

              Afternoon 180-minute session – Modules 2.4, 2.5 and 2.6.

Coverage of Topics Tested

  • Foundation: Number of questions from each module: 35% to 65% of total.
  • Level 1: Number of questions from each module: 15% to 35% of total.
  • Level 2: Number of questions from each module: 20% to 45% of total.
  • Not less than 65% for all levels. Final MPS decided by GFI.
  • Exam score is based on total for all modules.
  • No pass requirement for any module.
  • Foundation: At completion of the exam.
  • Levels 1 and 2: Within 75 days of the exam date.

 

 

Contact
  • info@globalfintechinstitute.org
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80 Robinson Rd, #08-01, Singapore 068898

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