Many people have already taken and passed the Hong Kong HKSI paper after completing finance, banking, and business administration courses, and many of them swear by the tests. The exam measures an applicant’s knowledge of banking laws and practices in addition to his or her ability to perform monetary transactions. When it comes to the Hong Kong financial markets, many questions are included in the exam. Here is an overview of some of the main areas that the exam will cover.
The exam covers general business knowledge. You’ll be asked questions such as: What is the abbreviation for the BAC in the stock market? What is the Yodlee deal? What is the Merchants Exchange, and what is its function? You’ll also find instruction questions on running the Chinese exchange and what this means to the financial markets. The Hong Kong company exam is conducted under the Retail Business Regulations Act. You’ll need to ensure that you understand the content you are provided with and then provide any supporting documentation such as payslips, business permits, or contracts.
The exam is all about interpreting figures. You’ll be required to complete detailed questionnaires on various topics, including the balance sheet, profit and loss account, and other financial data. This portion of the exam is usually the most difficult. This is where HKSI paper 7 past paper can help. With practice questions and a guide to help you understand the questions you’re likely to face, you can make the best use of your time during the examination. Some questions will ask you to draw basic conclusions from the figures. Others will require you to simulate an actual investment. The last two questions require you to write a short report based on your analysis. The last section of the exam basically tests your basic understanding of bank exam questions and will not allow you to apply the techniques that you learned during the previous sections.
There are many guides and books available to help you study for the HKSI paper 7 past paper. Some guides can be free, and some may cost money. Some may contain workbooks to help you prepare for the exam, while others just have practice questions. Past paper material will give you a good idea of what to expect in your exam and how to prepare for the upcoming exam. Using review material along with practice questions will give you an edge over other applicants and increase your chances of passing.
