EXEMPTIONS
QAT
Candidates who have completed HSSC or A-levels with three passes with
aggregate 60% and above will be exempt from the QAT. Similarly, graduates with
14-year and 16-year degrees will also not be required to appear in QAT.
PRC Level
- HSSC: Eligible for exemption if they meet the following criteria:
- Minimum 70% marks or equivalent grades in the aggregate;
- Minimum 75% marks or equivalent grades in relevant subject(s); and
- Syllabus contents and learning outcomes of the subject must match at least 70% with ICAP’s prescribed syllabus and learning outcomes or are of a more advanced level.
- A-levels: Eligible for exemption if they meet the following criteria:
- Minimum two B Grades;
- Minimum B Grade in the relevant subject(s);
- Syllabus contents and learning outcomes of the subject must match at least 70% with ICAP’s prescribed syllabus and learning outcomes or are of a more advanced level.
- Associate degree holders:
Relevant associate degree holders will be exempt from PRC.
Non-relevant associate degree holders will be exempt if they have:
- Minimum 60% marks or equivalent grades in the aggregate;
- Minimum 75% marks or equivalent grades in the relevant subject(s); and
- Syllabus contents and learning outcomes of the subject match at least 70% with ICAP’s prescribed syllabus and learning outcomes or are of a more advanced level.
- 16 years degree holders and holders of the following professional qualifications are exempt from PRC:
- PIPFA
- ICMAP
- ACCA
- CIMA
Relevant Associate Degree Specifications:
- Minimum 12 credit hours in Accounting Subjects (e.g., Accounting, Financial Accounting and Reporting, Cost/Management Accounting, Financial Management, Tax, Audit and Assurance).
- Minimum 12 credit hours in Business Subjects (e.g., Business Writing, Quantitative Methods, Economics, Business, Business/Company Law, Management, IT).
