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WME-FP Exam 1 Overview — Exam Format, Weighting, and How to Study

WME-FP Exam 1 overview (official CSI structure): 60 multiple-choice questions in 1.5 hours, topic weightings, what gets tested, and a practical study strategy.

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Quick facts (official CSI exam structure)

  • Proctored (remote or in-person at a test centre)
  • Duration: 1.5 hours
  • Question format: multiple-choice
  • Questions: 60
  • Attempts allowed per exam: 3
  • Passing grade: 60%

Per CSI, Exam 1 is a shortened exam that excludes questions related to “Financial Planning”.

If you also need the case-based integrated exam, see WME-FP Exam 2.

What WME-FP Exam 1 is really testing

Exam 1 rewards knowledge + recognition:

  • terminology and process vocabulary (client discovery → investments → monitoring)
  • basic calculations used in advice conversations (TVM, returns, yield, payments)
  • product and portfolio concepts (allocation, equity/fixed income, managed products)

Official topic weighting (and target question counts)

Source: CSI WME-FP Exam & Credits page.

Exam One TopicsWeightTarget questions (out of 60)Chapters (CSI curriculum)
Getting to Know the Client and Assessing their Financial Situation27%161–5
Investment Management and Asset Allocation23%1417–19
Equity and Debt Securities25%1520–22
Managed Products, Portfolio Monitoring and Evaluation25%1523–24

How to prepare

  1. Use the Syllabus as your checklist by weighting.
  2. Build a compact formula sheet from the Cheatsheet.
  3. Drill recognition: definitions, comparisons, and “which statement is true?” items.
  4. Practice under time pressure: 60 questions in 90 minutes rewards speed. Keep a miss log and fix vocabulary gaps first.

✅ Next: open the Study Plan or jump into the Syllabus.

Study Plan