How to prepare for the ACAMS examination: Tips and Tricks

ByCAMS Exam Guide

Preparing for the ACAMS examination can be challenging for most aspirants as the syllabus is vast, and the exam is also highly competitive. So, it is natural to find yourself struggling to finish the syllabus on time or memorize all the chapters and evaluate your readiness before the examination.

Therefore, today we will share a comprehensive guide on how you can prepare for your ACAMS examination with ACAMS sample questions, regular mock tests, and more. So, what are you waiting for? Jump to the main section.

ACAMS examination overview

ACAMS is a global-level Anti-money laundering organization in the world. The organization is the largest association that provides training and certification for anti-money laundering professionals. And the ACAMS examination is a test organized by the association to select the most suitable candidates as anti-money laundering professionals.

A certified anti-money laundering specialist is required to pass the ACAMS examination and get the CAMS certificate. And every year, millions of students prepare with institutional training, ACAMS sample questions, and mock tests to appear in this exam.

ACAMS eligibility

If you plan to become a certified anti-money laundering specialist, you must crack the ACAMS exam. However, you must learn about the ACAMS eligibility requirements before preparing. Here is a list of eligibility requirements for the ACAMS exam –

  • Candidates must obtain 40 credits from a college education.
  • Accreditation of professional financial certifications, like CPA, CPP, and CPE, can count as 10 credits.
  • Candidates get 30 credits for the masters and 20 credits for the bachelor’s degree.
  • The candidates get ten credits for associate courses in relevant fields.
  • Relevant industry work experience is additional and not mandatory for ACAMS candidates.

ACAMS exam format

When you have decided to appear in the ACAMS exam, you need more than the ACAMS sample questions; you must learn about the exam format and other details to prepare yourself. Here we will briefly describe the exam format before sharing the preparation tips-

The examination is a multiple-choice examination that consists of 120 questions. The exam is online-based, and you get 3.5 hours to complete it. Also, you get 1.76 minutes per question, and every question is made depending on different ACAMS study chapters. And you must answer 75 questions out of 120 correctly to crack the ACAMS test.

ACAMS exam preparation tips

ACAMS exam is a vital examination for people willing to become certified AML specialists. However, the examination is highly competitive and difficult. Also, you need more than the 6-chapter study material to prepare you for the test. So, here are some tips on how to prepare best for the ACAMS exam-

Learn about fundamental concepts

You must start your ACAMS exam preparation by learning about fundamental concepts for the exam. You can get several ACAMS study guides available online that cover the fundamental concepts of the test. You can also gather notes and online study material on the concepts to enhance your knowledge.

Do chapter-wise revision and take tests

Acams Test Questions are also available (online) chapter-wise and with solutions. So you can use them to prepare for your examination. The ACAMS examination syllabus has a total of 6 chapters, and you must study each chapter thoroughly, and revise, and mock tests after you finish every chapter. Doing chapter-wise revision and mock test allows you to evaluate how much you have prepared for the chapter and where you need more revision.

Practice sample questions

You can find thousands of online ACAMS sample questions and test papers. Solving these question papers is essential to prepare for the test. When you practice the sample questions, you get comprehensive knowledge about the ACAMS exam pattern and learn which kind of questions you may face in the exam.

Take mock tests

Once you complete your entire ACAMS syllabus, you must take mock tests to prepare for the real examination. Many online websites offer mock tests with relevant ACAMS sample questions; you can take them to understand where you need improvement.

ACAMS is a huge exam, and candidates first-time appearing for the ACAMS test will never understand what the examination feels like. But the online mock tests are specially designed for ACAMS aspirants and follow the same examination method. So, when you take these mock tests, you get accustomed to the exam format and perform better in your actual exam.

Take guided course

ACAMS is a prestigious examination that helps you gain global-level certification for anti-money laundering specialists from the ACAMS association. Therefore, the exam is also hard to crack and tricky. If you feel overwhelmed by the exam syllabus or are confused about how to cover them efficiently, you can seek professional help. Multiple top-graded ACAMS preparation courses are available in the market that can help you with exam preparation.

Also, when you enroll for such courses, you get plenty of study materials, expert guidance, Cams Exam Questions, regular mock tests, and so on.

Improve your time management skill.

The ACAMS exam paper consists of 120 multiple-choice questions that you need to answer within 3.5 hrs. therefore; you get only 1.75 minutes to solve each question. Taking more time to solve one question will affect the overall timing, and you will fail to finish the examination on time. Also, there is no break in the examination, yet you can pause the test and take a break if needed, but it will be counted within the exam time. So, you must improve your speed and time management skills with ACAMS sample questions before the exam.

Stay calm

Getting nervous or anxious is natural, especially when preparing for global-level tests like ACAMS. Also, the vast syllabus can overwhelm you. However, getting stressed can negatively affect your preparation. So, try to stay calm and practice mindful meditation and relaxation activities.

Conclusion

ACAMS examination is a famous worldwide certification test for AML specialists, which is conducted every year. And if you are preparing for the examination, you can get help from professionals and guided courses. They can provide expert guidance, valuable study materials, ACAMS sample questions, and practice tests to prepare you better for the exam.