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C.DipFM Assessment Methodology |
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Diploma in Financial Management (CDipFM) |
The qualification has two modules, each covering two subject areas, as follows: Module A Subject area 1 - Interpretation of Financial Statements Subject area 2 - Performance Management Module B Subject area 1 - Financial Strategy Subject area 2 - Risk Management Assessment Each module will be assessed by : One 3 hour examination One project consisting of two assignments. EXAMINATIONS The examination for each module will cover the two subject areas in that module. For example, the examination for Module A will cover both Interpretation of Financial Statements and Performance Management topics. The structure of the examination for Module A will be as follows: Section A 20 multiple choice questions (10 covering subject area 1 and 10 covering subject area 2) of 2 marks each Section B 3 written questions of 20 marks each - covering subject area 1 Section C 3 written questions of 20 marks each - covering subject area 2 Candidates will be required to attempt all questions in Section A, one question from Section B, one question from Section C and one final question from either Section B or Section C. The structure of the Module B examination follows the same format, but will cover Financial Strategy™ and Risk Management™. The pass mark for each examination is 50%. Provided the appropriate
forms are completed and fees are paid, there is no limit to the number of
times a candidate may attempt the examination or project element of the
Diploma. PROJECTS General Candidates are required, as part of their assessment, to submit two projects for the Diploma in Financial Management qualification - one project for Module A and one project for Module B. Each project will consist of two assignments - one for each subject area in the module. Candidates are required to submit both assignments for each module together, in order to fulfil the project requirement. The subject
areas covered in the Module A project (DA2) are
The subject
areas covered in the Module B project (DB2) are
The nature of the individual assignments is such that they will not
require extensive research and can be completed without reference to
sensitive work situations. The assignments will relate to the subject matter
of the individual papers, and candidates who have studied the syllabus of
each paper should be able to have a good attempt at the assignments. Each
assignment should be approximately 2000 words in length, including appendices,
and should not exceed 2,500 words. The assignments will involve a mixture of
calculation and narrative.As
there are two assignments within each project, the maximum word count for each
project is 5,000 words, including appendices and tables. For
guidelines on how to write and present a DipFM project,
and how they are marked, click ---
here --- Communication of project details The details of the assignments making up the overall project requirement are sent out twice yearly - in February and August, with the examination results and examination entry forms. Details of the assignments also appear in the Diploma Newsletter and on the ACCA website. The assignments change every six months - those issued in February are not the same as those issued in August. Submission of projects For projects issued in February, the submission rules are as follows: Projects must be submitted by 31 May and results for projects submitted by this date will be reflected in the August results/ entry form. For projects issued in August, the submission rules are: Projects must be submitted by 30 November, with results being reflected in the February results/entry form. Projects may only be submitted once during the time periods indicated
above. Any project that is resubmitted during the same time period will not
be considered for marking. ACCA
will only mark the original submission therefore it is very important that
projects are checked carefully before they are submitted. Submission dates
should be strictly adhered to as no projects will be accepted for marking
after the final submission date. Candidates must complete a Project submission form for each project submitted. Projects received from candidates who have not indicated their intention to submit will not be accepted. Candidates must submit only those projects which are current and valid. Projects written on topics for previous periods, whose deadline dates have passed, will not be accepted for marking. Project pass mark The pass mark for the project element is 50%. It is not necessary to have achieved a pass mark in each assignment individually - a candidate is deemed to have passed the project element if the total mark for both assignments is 50 or above. If a candidate fails a project overall, then (s)he must submit another project from the same module using valid topics that have been issued. MODULE PASS MARK The overall pass mark for a module is 50%. In order to pass a module, candidates are required to have obtained 50% or above in the examination and 50% or above in the project for that module. Candidates who obtain the pass mark in one element (for example, the examination) will be credited with this pass, but will not be deemed to have passed the module until the other element has been successfully completed. |
