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#1876848 - 12/06/13 07:59 PM
Re: ACAMS exam
CC Gem
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Power Poster
Joined: Jul 2008
Posts: 4,797
You are here
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I spent a few months (reading on the train and taking practice on test on train)
There was enough time and for goodness sake do not over think the questions.
There was plenty of time.
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#1878529 - 12/13/13 05:20 PM
Re: ACAMS exam
edAudit
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New Poster
Joined: Dec 2013
Posts: 2
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Thanks EdAudit.
Did you mainly read the study guide provided by cams?
Thanks, Dave.
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#1878530 - 12/13/13 05:23 PM
Re: ACAMS exam
CC Gem
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Power Poster
Joined: Jul 2008
Posts: 4,797
You are here
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The study guide was helpful but I also used the FATF site for additional information. http://www.fatf-gafi.org/I also attended a 1 day class provided by ACAMS.
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#1878854 - 12/16/13 04:52 PM
Re: ACAMS exam
CC Gem
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New Poster
Joined: Dec 2010
Posts: 17
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Well this is the week for me. I take my exam on Friday. I'm pretty sure I will not sleep at all Thursday night. Wish me luck!!
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#1878856 - 12/16/13 04:52 PM
Re: ACAMS exam
CC Gem
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Power Poster
Joined: Jul 2008
Posts: 4,797
You are here
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best of luck
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#1879043 - 12/16/13 08:50 PM
Re: ACAMS exam
CC Gem
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Junior Member
Joined: Dec 2012
Posts: 47
Boston, Massachusetts
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Good luck! Please update on your experience and what you thought of the exam and whatnot when you're done. I got nervous and moved mine back to late next month to give myself some more time. I'm just such a horrible test-taker. Thanks!
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*The postings on this site are my own and do not reflect the views of my employer.*
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#1879104 - 12/16/13 09:59 PM
Re: ACAMS exam
Liz O
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Joined: Dec 2010
Posts: 17
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I am too, so that's why I'm starting to freak out a bit. My bf keeps telling me that it'll be fine and I'll pass, but I always seem to blank when a test is in front of me.
I told him this weekend that there will be wine in the apartment when he gets home. I will either be celebrating my passing or drowning my sorrows of my failure. Either way, there will be wine!
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#1880950 - 12/23/13 03:54 PM
Re: ACAMS exam
CC Gem
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10K Club
Joined: Dec 2002
Posts: 40,766
Turnpike Exit 10
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I just signed up for the prep class, wish me luck!
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Get your facts first, then you can distort them as you please. - Mark Twain
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#1880972 - 12/23/13 05:03 PM
Re: ACAMS exam
CC Gem
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Platinum Poster
Joined: Sep 2009
Posts: 832
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You're a shoo-in, Boss! When is the test?
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#1880990 - 12/23/13 05:39 PM
Re: ACAMS exam
CC Gem
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Power Poster
Joined: Mar 2005
Posts: 2,659
Kennel
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Good Luck DeeQ - I think you got this!
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#1881008 - 12/23/13 06:18 PM
Re: ACAMS exam
CC Gem
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New Poster
Joined: Dec 2010
Posts: 17
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I passed!
My only words of advice is study everything! I felt prepared going in, but of course got super nervous when I sat in front of that computer.
Good luck to all that are studying!!
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#1881088 - 12/23/13 08:40 PM
Re: ACAMS exam
CC Gem
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Junior Member
Joined: Dec 2012
Posts: 47
Boston, Massachusetts
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Congratulations!
When you say "study everything", do you mean things like FATF 40 Recommendations and the other groups that have put together procedures and whatnot? General money laundering and terrorist financing stuff I feel like I have down no problem. It's the things like "what year was the <fill in the blank> recommendation modified for the 3rd time?" or "what does recommendation #22 deal with?"
Were there a lot of questions along those lines?
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*The postings on this site are my own and do not reflect the views of my employer.*
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#1881164 - 12/24/13 01:15 PM
Re: ACAMS exam
CC Gem
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Power Poster
Joined: Mar 2005
Posts: 2,659
Kennel
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You will not have to match the recommendation number with the content, but you will need to understand the concepts. You may get a question such as "All but which of the following is part of the FATF recommendations".
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#1900587 - 02/27/14 03:43 PM
Re: ACAMS exam
CC Gem
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Platinum Poster
Joined: Apr 2005
Posts: 636
Out there
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It looks like the only 2014 conference before an exam is in Key West in March. Is there another course you can take before you take the exam or do I have to wait until 2015 to do both?
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#1902893 - 03/06/14 05:55 PM
Re: ACAMS exam
Big Dog
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Power Poster
Joined: Jul 2002
Posts: 6,726
the sandy shore
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You will not have to match the recommendation number with the content, but you will need to understand the concepts. You may get a question such as "All but which of the following is part of the FATF recommendations". I did have a couple of match number with content, though. The prep course highlighted the ones I needed to know. I also had more questions on Terrorism Financing than I had anticipated; definitely read the source material on that. And there were quite a few questions on insurance companies and securities broker / dealers.
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#1983866 - 12/17/14 09:00 PM
Re: ACAMS exam
CC Gem
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New Poster
Joined: Dec 2014
Posts: 7
New York
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Hello Everyone,
I hope someone can help me. I'm taking the CAMS exam tomorrow. I've been studying for months now and I do feel somewhat ready. I've taken practice tests and I've scored about 85% correct so I should be fine. But I still have concerns. Come someone give me some advice?
Do i need to know the recommendations and what each is? for example will it ask what is recommendation 8?
I've noticed some questions in the practice exam provided by ACAMS had questions that were not even covered in the study guide. Kind of bizarre.
I'd appreaciate any comments/tips/advise/maybe something that you missed or felt confused abou when taking the test.
I will post tomorrow my feedback and hopefully i do well.
thanks so much
Pamela
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Victoria Aguilar
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#1983890 - 12/17/14 09:36 PM
Re: ACAMS exam
CC Gem
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100 Club
Joined: Nov 2014
Posts: 173
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I was wondering how "experienced" those who have taken the test were before they started the preparation process (prep courses, taking the test itself, etc.). I'm what you'd consider a "rookie" in the BSA world (started the job in May-ish of 2014), and I feel as though I'd like to give it a shot. Am I being overzealous about this, or does the background not matter as much?
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#1984654 - 12/22/14 07:03 PM
Re: ACAMS exam
CC Gem
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New Poster
Joined: Dec 2014
Posts: 7
New York
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Hi all,
I took the exam last week and I have to admit I thought it was a bit hard. I have been studying for a while though and luckily I passed.
You don't get asked what is recommendation 5 but you do get asked questions like what does recommendation 5-8 say in regards to terrorism. So you don't need to memorize what each recommendation is and their numbers but at least a background of what they are. I had questions on broker dealers/insurance industry. A lot of scenarios. A lot of questions on the investigation process.
I hope this helps.
Thanks
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Victoria Aguilar
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#1985283 - 12/26/14 08:10 PM
Re: ACAMS exam
CC Gem
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New Poster
Joined: Mar 2014
Posts: 9
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I am looking forward to doing the exams too. Is there anyone in the Fort Lauderdale area taking it in the next few months? Anxious to meet someone.
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