CAMS Certification Preparation

4 Oct 2009 by Chetan Shah.

I took the CAMS certification examination (and passed with good points) after 2 months of prep work (approx. 1 hour per day max). The exam is not tough but a good prep work is required. The study guide provided by ACAMS is an excellent resource. In addition to that I reviewed the supplemental guide also. I think all the topics covered in the study guide are equally important and strongly suggest to not skip any chapters. I did not make any notes (I think I am not good at making notes)

I am assuming that someone will take this examination not to just get one more certification but has sincere interest in AML domain and is currently working on projects which are AML related. The test tries to identify how much practical knowledge a candidate has. I certainly would not recommend taking this examination just to get one more certification as in that case it is not worth the time and money spent to get it.

I strongly recommend this test to candidates who have just started in AML field and want to explore it further as their career. It certainly helps the candidate to get a good understanding on various AML aspects, regulations, bodies etc.

Hope this helps and Best of Luck for CAMS Examination!

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