Professional body qualification
CFA UK Investment Management Certificate (IMC)
CFA UK (CFA Society of the UK); IMC (Investment Management Certificate)
An FCA-appropriate qualification for managing investments. The National Careers Service says investment graduate trainees must pass an FCA-recognised exam such as this one.
- Awarding body
- CFA UK
- Level
- Level 4
- Where it applies
- UK
- Exams
- Two unit exams: Unit 1 Investment Environment (85 questions, 1 hour 40 minutes) and Unit 2 Investment Practice (105 questions, 2 hours 20 minutes)
- Entry
- CFA UK lists no entry requirements; it is a self-study qualification
- Also required
- CFA UK recommends about 100 hours of study for Unit 1 and 140 hours for Unit 2
Assessment and registration fees
| Fee | Amount | Source |
|---|---|---|
| Unit 1 exam (25 August 2026 to 31 August 2027) | £365 | CFA Society of the UK (CFA UK) (opens in a new tab)checked 14 Oct 2026 |
| Unit 2 exam (25 August 2026 to 31 August 2027) | £390 | CFA Society of the UK (CFA UK) (opens in a new tab)checked 14 Oct 2026 |
| Official training manuals (Unit 1 / Unit 2, optional) | £135 to £145 | CFA Society of the UK (CFA UK) (opens in a new tab)checked 14 Oct 2026 |
- Manual prices exclude postage. Employers often pay for the IMC — ask.
Official page: CFA UK (opens in a new tab)Checked 14 Oct 2026