Testing: Level 1 Exam

The three exams of the ARPM Certificate can be pursued in any order.
The Level 1 Exam of the ARPM Certificate tests the following modules from the Body of Knowledge:
- Data Science for Finance
- Financial Engineering for Investment

The exam includes theoretical questions as well as pseudo-code tests.
The exam is “open book”. Candidates only need a pen/pencil and paper. Candidates have unrestricted access to any materials, including the internet. Candidates are not allowed to communicate with each other in any format: any violation will invalidate the exam.

The exam is administered remotely online via remote screening technology.

The exam is graded according to the breakdown policy specified on the examination sheet. The grade for the exam is a number L1 in the interval [0,1].

See a mock up exam and related solutions.

Submission guidelines

To submit their work, candidates should adhere strictly to the guidelines below.
For each violation, L1 is multiplied by a factor 0.8; late submission implies L1=0.

- Write all your work on either
- clean sheets of paper with handwriting pen
- clean pages of editable software
- save your work in digital format:
- scan or take pictures and save as pdf
- save as pdf
- put your answer sheets in one folder
- name the folder (your own) FirstName_LastName and zip it
- attach the zipped folder to an email
- the body of the email should be empty
- the subject line should be “ARPM Certificate Level 1 Exam”
- send the email to infoarpm.co by the deadline in the calendar below.


Level 1 Exam Calendar

Date Activity
Feb 01, 2019 Exam registration opens
Jun 22, 2019 Registration deadline
Jun 29, 2019 Exam (9:00 am-1:00 pm local time)
Jul 06, 2019 Exam graded and results available
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