Examination Assessment
The Certificate in Quantitative Finance is awarded to delegates based on their performance in the compulsory module examinations and the
final project. There are three main areas of assessment:

1. Weekly Exercises
Delegates are provided with exercises following the first four sessions of each module. The exercises test the information covered during the respective session and can be in the form of mathematical computations, mini essays or spreadsheet exercises. The exercises are optional and allow each delegate to determine if they have understood the concepts taught. If delegates experience problems with a certain area, a one-to-one tutorial can be arranged.

2. Module Examination
The objective of the exam is to ensure delegates have a full understanding of the principles taught and their applications. Examinations are issued for the first five modules, following the last session of each module. Each exam is a one-week take-home exam explicitly for the purposes of practical application rather than academic exam-taking. Delegates must receive a mark of 60% or greater to pass the module.

3. Project
All delegates have to complete a project for Module 6. This is a practical programming project which is set during the second half of the course and designed to ensure delegates apply their theoretical knowledge to real-life problems, that they can then take back to the workplace.

Final Examination/Distinctions
The final three-hour examination is optional and takes place in exam centers worldwide. Delegates who score 80% or above receive a distinction.

Wilmott Prize for Excellence
From each class, one delegate will receive the “Wilmott Prize for Excellence”. The award will be made to the delegate attaining the highest score in the final examination.

Publication of Results
Each program’s results are listed in the following publications:
• The Economist (global edition)
• Wilmott magazine