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How many courses does the fund qualification examination need to take?
The fund qualification examination is organized and implemented by the fund industry association and has three subjects. You can take one course at a time, such as one this month and another next month. The interval between the two exams should not be too long, because you can apply for fund qualification only after passing both exams.

After passing the examination of subject 1, subject 2 or subject 1 and subject 3, you can apply to the fund industry association for the qualification of registered fund within four years through your institution. Those who have not applied for the qualification of registered funds through institutions for more than four years need to re-take the qualification examination or make up the follow-up training hours specified in the last two years before registration. Personnel who have obtained the qualification for fund practice shall complete the follow-up training of 15 class hours every year in accordance with relevant regulations, and participate in the annual qualification inspection organized by the association through their institutions as required.

According to the "Answer on the Registration and Filing of Private Equity Funds (XII)" issued by the Fund Industry Association, individuals can apply directly to the Association for the registration of fund qualifications.

The registration of fund qualification is mainly based on the unified registration of institutions. Those who have worked in fund industry institutions shall apply to China Asset Management Association for the registration of fund qualification.

For those who have passed the exam but have not worked in the fund industry, there is no need to find an institution to "link". Individuals can directly apply to the association for the registration of fund qualification, and after taking office in relevant institutions, their institutions can apply to the association for change.

The staff management system of the Association is improving related functions. It is expected that the system upgrade will be completed in the first quarter of 20 17, when the registration of employees of private fund management institutions will be fully open. The specific registration process will be notified separately.