While anyone planning to train as a mortgage advisor is likely to be aware that the multi-part CeMAP qualification is the one they need to get, they may not realise that it changes regularly. These changes to the basic syllabus occur at the start of a new academic year, in August, and this can have a real impact on those studying for the qualification.
At the moment, those studying CeMAP courses are using the syllabus for the 2019/20 academic year, but that is due to come to an end on August 5th. Any student who completes the course and the examinations before then will not be affected by this, but those who do not will be.
For instance, changes to the syllabus that are being introduced by the London Institute of Banking and Finance (LIBF), which handles CeMAP examinations, mean that those who are yet to complete CeMAP 2 Unit 5 by the cut-off date will have to complete both that and Unit 6 of the new syllabus. This will apply even if they have already done Unit 6 under the previous syllabus.
The upcoming adjustments to the syllabus would also mean that examinations taken after August 5th would be for the 2020/21 syllabus, even if an individual studied the previous year’s one.
It is in the best interests of students to finish their studies before the start of a new academic year, and online training allows them to work at their own pace. This reduces the risk of being caught out by course revisions.