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From our students

Dear ICB I am sending this e-mail to bring to your attention the outstanding assistance I received from Winnie and her staff at PMI Durban during the November exam session. I am currently on crutches due to a hip problem and am therefore not able to climb stairs. I contacted… Read more »

Dear ICB Never let a situation stop you from achieving your dreams! You are never too old or too young to achieve your dreams! As I grew up, I always wanted to be an accountant. Even though I did maths and physics in high school, I never gave up on my dream.… Read more »

Exams

So how are you examined as an ICB learner? 

It’s pretty simple. 30% of your final mark comes from the ICB Assignments and Tests you do during your course. Your Portfolio of Evidence (PoE) is a folder given to you at the start of the course, once you’ve registered for an exam with the ICB. You’ll need to put any ICB Assignments given to you as well as the ICB Tests you take in it. Your PoE is complete when your final exam paper is added to it at the end of your course. 

2017 exams assessments

When you sit down to write your final exam – which counts for the remaining 70% – you’ll include it in your PoE, which an ICB-registered assessor will then check to see if you really know your stuff. You'll need to get at least 50% for this exam to pass, regardless of your overall mark. The ICB Assignments and Tests during your studies are essential, as they fully prepare you for the final exam, and also provide evidence of the hard work you’ve done leading up to it.

Your pass marks

A passing grade (‘competent’) is 60% for the overall course and you must get at least 50% for the final exam.

Final exams are held at ICB-approved examination centres around southern Africa. You can find a list of the centres here. Final exams take place at these centres for distance learning and independent students in February, May, July, September and November – see our timetables for dates. Most colleges hold exams on-site every month for classroom students, so check with yours what their schedule is.

Remember:

  • You can only be examined if you have paid your annual ICB student registration fee.
  • Those are the basics – but be sure to read over the ICB Examination Policies & Procedures before you start completing your PoE, as these are updated from time to time.

Exam re-writes: A second chance

If your result is ‘not yet competent’ (you did not pass), you still have the chance to write one (just one) exam re-write, which has a pass mark of 60%. You must do this within 12 months of your original final exam's date. We do recommend that re-writes are done ASAP, as subject content will change and it’s your responsibility to make sure you are aware of what’s been updated.

Postponing an exam

If you need to postpone your final exam before its date, please check the Exam Timetables to see when you need to submit postponements by. There are cut-offs for these for each exam cycle. If you are on time, you can postpone by paying the postponement fee.

If you need to postpone your final exam because you’re ill on the day, you can apply for a free postponement (include a doctor’s certificate with your request), which may be issued at the ICB’s discretion. Final exams for subjects can be postponed once only, to the next exam sitting, if we have received your postponement fee in time. Download the ICB Examination Policy to learn more.

Stay ahead of the pack: CPD and professional body membership

Find out more about CPD over on the ICBA website.

In most professions, practitioners have to spend a certain amount of time every year learning about new developments in their sectors. You wouldn’t be happy with a doctor or pilot who’d let his knowledge lapse, would you? It’s just as important that financial industry practitioners keep their skills current.

One of the main reasons to become a member of a professional body like the ICBA is that it shows you are committed to keeping your knowledge up to date. You'll not only receive a very informative monthly newsletter, but you'll also know about workshops and seminars – often free to members. Many of these learning sessions award you with Continuing Professional Development (CPD) points. All members must complete at least 20 hours of Continuing Professional Development (CPD) every year and provide evidence of this to the ICBA.

 

 

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