What is the Practical Skills Module in CFA exam?
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1 Answer
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Practical Skills Module in CFA exam was introduced by the CFA Institute as an additional layer in the CFA exam process. PSM or Practical Skills Module is a practical training to provide candidates with hand-on experience for the work environment and application of what they are learning in the curriculum.
Completing one PSM is mandatory for the students in order to view and download the CFA result. Candidates have to dedicate at least 15-20 hours to complete on PSM. A PSM uses a combination of videos, multiple-choice questions, guided practice, and case studies to develop practical skills of the students.
PSM was introduced at the
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