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#934371 - 04/02/08 08:35 AM CAMS
Officer Offline
New Poster
Joined: Nov 2007
Posts: 5
any body got the cams disignation ? please tell me how is the test like ? can i find any practice questions ? if yes please provide me pleeeeeeease

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#934377 - 04/02/08 11:13 AM Re: CAMS Officer
MagicCity Offline

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MagicCity
Joined: Apr 2003
Posts: 3,003
Fort Lauderdale, Florida
I took it several years ago so I don't know how much it has changed.
It was 200 questions - 3 hours.
Multiple choice.
It is not hard if you have been in the AML world for a while.
You need to know about FATF and Wolfsberg.
There are a lot of ML scenarios.
Their study book is pretty comprehensive and should cover all areas.
Good luck!

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#934606 - 04/02/08 03:12 PM Re: CAMS MagicCity
Big Dog Offline
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Big Dog
Joined: Mar 2005
Posts: 2,659
Kennel
I took it in 2006. The test went through a revision in 2007, so maybe someone who took it recently can chime in on the test. I believe it is computerized now.

I agree that the study book will cover all the areas. I found the course to be helpful as well, they give pointers on the content of the questions and provide additional sample questions that are not in the book.
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#935180 - 04/02/08 09:50 PM Re: CAMS Big Dog
BSA4LIFE Offline
Gold Star
Joined: Nov 2003
Posts: 284
California
The study guide is all you need. It has practice questions after each chapter. Good luck.

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#936599 - 04/04/08 06:33 PM Re: CAMS BSA4LIFE
4PRIVACY Offline
New Poster
Joined: May 2007
Posts: 3
I took the test within the past week and passed. At present there are 120 questions all multiple choice. I agree that the study guide and experience are the tools that will aid you. Best of luck to you.

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#936907 - 04/05/08 05:33 PM Re: CAMS Officer
Global Offline
New Poster
Joined: Aug 2007
Posts: 7
My suggestion would be to read/study book+supplement trough twice, read as much case study as you can. And as mentioned above sample questions are located in the study book.

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#936935 - 04/06/08 10:20 AM Re: CAMS Global
Officer Offline
New Poster
Joined: Nov 2007
Posts: 5
can u guys provide me with an address where i can find some AML cases to prepare for the CAMS, or if u can forward me some cases that u might have please !

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#936936 - 04/06/08 11:23 AM Re: CAMS Officer
MagicCity Offline

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MagicCity
Joined: Apr 2003
Posts: 3,003
Fort Lauderdale, Florida

FinCEN's SAR Review is a good source of information..

If you prefer an html format you can Google 'sar review 9' and there is an html version.

http://www.fincen.gov/sarreviewissue9.pdf

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#937064 - 04/07/08 01:47 PM Re: CAMS Officer
Damon Offline
Member
Joined: May 2007
Posts: 83
Texas
I got my designation in December 2007. I read through the materials (both books) at least twice and read some supplemental information a colleague had. Defiantely focus on the international and keep in mind that the US does not fully implement some of the recomendations. They are asking for the "book answers" not necessarily how we may do it in the US on some things.

The test has a lot of ML scenarios like someone else already mentioned. All of the questions are longer word problem multiple choice and very detailed. Read the questions carefully as not all of the data in the scenario is relevant to the actual question asked.

But I found it a bit easier then I was expecting. But I have been in banking or the financial world for quite some time.

Best of luck. The sample questions are good and show you the kinds of questions you are likely to see.
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#937160 - 04/07/08 02:57 PM Re: CAMS Officer
AllSmiles Offline
Gold Star
Joined: Feb 2008
Posts: 290
Mayhem
I took the test in March 07, The sample questions in the study guide are good examples of what to expect on the test. There used to be sample questions on the website too.
Good Luck
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#939924 - 04/10/08 08:09 PM Re: CAMS AllSmiles
i*sam Offline
100 Club
i*sam
Joined: May 2007
Posts: 166
Southern California
For those of you who recently passed, how long did it take you to prepare for the exam? My boss wants me to become certified this year...just wondering how I should plan it out time-wise.

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#939946 - 04/10/08 08:20 PM Re: CAMS i*sam
WonderWoman Offline
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WonderWoman
Joined: Mar 2007
Posts: 2,108
gone fishin'
*ditto* (same question as i*sam)

I've gone to the preparation seminar already.
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#940034 - 04/10/08 09:24 PM Re: CAMS WonderWoman
devsfan Offline
Diamond Poster
Joined: Jun 2004
Posts: 1,927
NYC
I took the exam 3 years ago. I did not go to the prep seminar since a friend gave me the study guide. I reviewed it at least 3-4 times over a period of 5-6 weeks leading up to the exam.

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#940036 - 04/10/08 09:26 PM Re: CAMS WonderWoman
BrendaC Offline
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BrendaC
Joined: Sep 2001
Posts: 6,029
Sweet Home AL
I studied for about two weeks. Once you memorize the study manual info (FATF recommendations, FIUs, etc.), the rest really comes down to your experience handling investigations. And always remember, if "contact counsel" is one of the choices, that is likely the right answer. They are really big on bank counsel.
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