CeFA Module 2 : Investments and risks
The IFS's CeFA Module 2 exam is the second module in the Certificate for Financial Advisers. It is a 2-hour multiple choice question paper consisting of 100 questions, with a pass mark of 70%.
The exam syllabus covers the principles of investment and investment products.
We provide a number of learning resources and materials for the CeFA Module 2 exam listed below. Simply click on any item you are interested in to find out further information.

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Free CeFA Module 2 mock questions plus 3 full sets of 100 questions to purchase, Our answers include cross references to the IFS study text These are written by Brand Financial Training in the same style as the IFS papers, but they are not duplicates of the IFS mock papers. |
"I passed my CF1 exam first time and I know I wouldn't have done it without the help of Brand Financial Training - the sets of mock questions are very similar to the type you will get in the exam, and my pass mark was consistent with the results I got in the mock papers." Sarah Crump, DFM Administrator, Atkinson Bolton Consulting Ltd, Suffolk |
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Audio masterclasses covering important elements of the CeFA Module 2 exam syllabus. A great way to vary your study methods, make studying more interesting, and increase knowledge, understanding and information retention. You can listen on your PC, transfer to your MP3 player or iPOD, or burn onto a CD. A free taster masterclass is also available |
"I found the masterclasses helpful as they were a different perspective to the manual. This was very welcome as the manual is often referred to as a cure for insomnia! Thank you Brand Financial Training!" Jeremy Turner, Peterborough (talking about the CF2 masterclasses) |
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