If you are talking about the fund sales industry, the two are different. The examination subject for fund sales qualification is "Fund Sales Fundamentals" and the reference book is "Fund Sales Fundamentals". The securities practice examination subjects are divided into basic subjects and professional subjects. The basic subject is "Basic Knowledge of the Securities Market". The professional subjects include: "Securities Trading", "Securities Issuance and Underwriting", "Securities Investment Analysis", and "Securities Investment Funds". Basic subjects are compulsory and professional subjects are optional. If you pass the exam, you can get a certificate of achievement, and the exam results are valid for many years. Those who pass the basic subjects and any one professional subject examination will obtain the qualification for securities practice; those who pass the basic subjects and any two professional subject examinations will obtain the first-level securities practitioner qualification certificate (blue); those who pass the basic subjects and the other four majors Those who pass the subject examination will obtain the second-level securities practitioner qualification certificate (purple).