The ACI Dealing Certificate (002-100) exam has expired on 31st March 2021. The replacement available is ACI Dealing Certificate New Version
Trading in financial markets is becoming increasingly automated. This current shift calls for expertise in the field of financial markets and its tools. This has led to a great increase in demand for professionals who are equipped with the understanding of financial markets and its instruments. The ACI Dealing Certificate is proof of your skills and expertise. In this certification exam, you’re evaluated on what you know about financial market instruments, how they’re priced, market factors, risks, and rules. When you pass the ACI Dealing Certificate, you’ll have the skills needed for the job, meeting what the industry is looking for.
What is ACI Dealing Certificate?
The ACI Dealing Certificate is a basic course from ACI. It helps you understand how the main foreign exchange and money markets work. You’ll also learn how to use basic math in these markets and apply it to core products like cash, forwards, and derivatives. This course gives you the essential skills to participate effectively in these markets.
Who should take ACI Dealing Certificate Exam?
ACI Dealing Certificate is designed for –
- New entrants and junior dealers (0-18 months experience) in the dealing room
- Middle office and operations personnel
- Auditors and compliance officers
- The ACI Dealing Certificate is a precursor to the ACI Diplomas.
Study Guide to qualify ACI Dealing Certificate (002-100)
Preparing for any certification is not an easy task. Therefore, we have curated a study guide with all learning resources. Not to mention, we’re also going to provide you with free practice tests. So, buckle and let start with the ultimate study guide. The process of preparing for the exam should be done carefully. You need to consistent and motivated enough to work really hard and achieve this credential. Here we present you with our step by step preparatory guide to help you on your journey and provide you with all useful insights about the exam.
Step 1 – Download the Official Guide
The first and most important thing to do is to get the official guide. You can get it from the ACI Official Website. This guide has all the details about what’s on the exam and what you’ll study. It’s like a map for your exam, and it’s very important. It’s a good idea to learn about the exam topics before you start preparing. So, make sure to download the official guide to understand the exam course better.
Step 2 – Set up a Study Schedule
The next thing to do is create a study plan. You should set aside time every day to study. The ACI Dealing Certificate Exam has a lot of things to cover. Also, it’s important to stay updated with any recent changes to pass the exam. You can do all of this by sticking to your study plan. Make a plan that helps you study well and keeps you away from distractions. Remember, being consistent is very important, so start early and make studying a daily habit.
Step 3 – Refer Books and Learning Resources
Books are like valuable tools when getting ready for an exam. They’re a crucial part of your preparation. They give you a deep understanding of what you’ll be tested on and the ideas involved. Books also teach you important exam basics and provide real-life examples and stories. This kind of understanding will definitely help you do really well on the exam.
We recommend you to refer to the book recommended by ACI – A Guide to the ACI Dealing Certificate. This book covers the entire curriculum of the exam and can also be used with the e-learning tools provided by ACI.
Additionally, you can refer the Mastering the ACI Dealing Certificate: How to pass the ACI Education Level 1 Examination (Financial Times Series)
Step 4 – Go for the Training Course
Training is a must while preparing. Training courses provide hands on experience and practical knowledge about the exam. Such understanding is necessary while preparing for ACI Dealing Certificate Exam.
ACI offers its own training course by their ACI Trainers to aid your preparations. In this intensive and targeted training, that lasts for five days, you are provided with deep knowledge about the core concepts of the exam. You are required to study relevant modules of the supplied learning tool each day before the exam. The training course can be taken up either as face to face training or home study. In the face to face training, you are provided with an instructor and you learn in real-time. You also get a chance to interact with the instructor and clarify your queries.
The home study or user distance learning packages help you study at your own pace. Also you can request for purchasing a limited-duration e-mail tutor help-line that will guide you through the exam. Make sure you enrich your preparations with such training courses and ace the exam.
Step 5 – Join Discussion Forums and community
The next thing to do in your preparation is to join a study group or an online discussion forum. These groups give you helpful information about the exam. They also connect you with people who know a lot about the subject and others who are studying for the same exam. We suggest joining a study group to stay up-to-date with any recent changes and to get ready for the exam effectively.
Step 6 – Take up practice Tests
The final step of your preparations is for you to self-evaluate. Here comes the importance of practice tests. Attempting practise tests, help you identify your weaker areas and keeps your preparations under check. Such tests also provide you with the real exam experience and you learn to manage the time accordingly. Improving the areas where you’re not so strong will give you more confidence in your preparation. Also, trying different tests and doing better each time will make you feel more sure of yourself. So, begin practicing now and stay ahead of others who are also preparing for the exam.
