AFM requires you to apply relevant knowledge and skills and exercise professional judgement as expected of a senior financial executive or advisor.
The examiner expects candidates to display analytical and evaluative skills with clear and structured answers.
AFM explores areas studied in FM but at a more advanced level and considers problems relevant to the highest-level financial management of an organisation.
Key syllabus areas include:
The AFM exam is a 3 hour 15 minute written exam in two sections.
Section A worth 50 - 70 marks. Set in the form of a short case study or scenario expecting students to show a comprehensive understanding of issues from across the syllabus. Answers will be expected in the form of a short report or board memorandum.
Section B will comprise two compulsory questions between 15 and 25 marks. One question is normally wholly discursive.
Read through your FM materials, as this will be assumed knowledge.