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🇸🇦 Securities & Markets
CME-3A: Certificate in Securities (KSA)
Prepare for the Saudi Financial Academy CME-3A Securities examination across all nine Version 25 elements, with timed mock exams, calculations, recall tools and syllabus-aligned explanations.
500 Practice Questions Detailed Study Notes Realistic mock exams
Course syllabus information reviewed for 2026. Always check the awarding body’s latest official syllabus and candidate updates before booking or sitting your exam.
Exactly what is included
- 500 practice questions across 5 mock exams · unlimited retakes
- Focus Learn · key areas, pitfalls, exam traps & key numbers
- Flashcards · fun, fast and effective recall
- Exam cheat sheet · key facts, rules and numbers by chapter
- Audio Learning · every chapter in audio
- AI Analyzer & Mentor · pinpoints your weak areas
- Study Mode Exams · learn while you train
- AI Chat trained specifically for this exam
- Mapped to the official CME-3A exam page, Securities Version 25 syllabus and the 1 September 2026 Candidate Update.
AI Audio Summaries New
Listen to course modules on the go. Perfect for studying while driving or commuting.
🎧 Audio
* This is a chapter sample. All audio is available in the full version.
Syllabus
Module 1: The Financial Services Industry 3% syllabus weight
🎧 Audio
Understanding the structure and participants of the financial services industry.
- • Retail vs professional/wholesale sectors
- • Key participants: banks, pension funds, insurance companies
- • Investment banks, fund managers, brokers, custodians
- • Equity, bond and FX market uses
- • Updated December 2025 exchange-market comparison
Module 2: Asset Classes 27% syllabus weight
Cash, shares, debt, FX, collective investments, property and structured products.
- • Ordinary and preference shares (cumulative, convertible, redeemable)
- • Bond yields: flat yield, GRY, NRY, modified duration
- • Government bonds by country (gilts, Treasuries, bunds)
- • Credit ratings and investment grade thresholds
- • Collective investment schemes and ETFs
- • Foreign exchange markets and day count conventions
Module 3: Markets 2% syllabus weight
Principal characteristics of primary and secondary markets.
- • New issuance and issuer capital raising
- • Trading existing securities between investors
- • How secondary-market liquidity supports primary issuance
Module 4: Primary Markets 14% syllabus weight
How securities are brought to market through various types of offerings.
- • IPOs, follow-on offers, offers for sale, placings and introductions
- • Bookbuilding, underwriting and stabilisation
- • Stock-exchange admission and regulatory frameworks
- • Bond issuers, issuance methods and origination
Module 5: Secondary Markets 15% syllabus weight
Trading mechanisms, order types, and market structure.
- • Order-driven vs quote-driven vs hybrid systems
- • Market, limit and iceberg orders; fill and cancellation instructions
- • Dark pools, MTFs, and systematic internalisers
- • Key equity indices: FTSE 100, S&P 500, DJIA
Module 6: Corporate Actions 7% syllabus weight
Events initiated by issuers that affect their securities.
- • Dividends: interim, final, ex-dividend mechanics
- • Scrip/bonus issues and stock splits
- • Rights issues: TERP and nil-paid value calculations
- • Share buybacks and notifiable interests
Module 7: Clearing and Settlement 8% syllabus weight
Post-trade processes including clearing, settlement, and custody.
- • Clearing vs settlement: definitions and processes
- • CCPs, novation, margin and delivery versus payment
- • Custody, nominees (designated vs pooled)
- • CLS for FX settlement, stock lending
Module 8: Accounting Analysis 14% syllabus weight
Financial statements, key ratios, and accounting concepts.
- • Balance sheet: current/non-current assets and liabilities
- • Income statement: revenue to net profit
- • Cash flow statement: operating, investing, financing
- • Key ratios: EPS, P/E, dividend yield, ROCE, gearing
Module 9: Investment Management 10% syllabus weight
Risk and reward, diversification, and investment strategies.
- • Systematic vs unsystematic risk
- • Correlation, diversification, and hedging
- • Active vs passive management
- • ESG investing and bond strategies
- • Institutional investors and liquidation hierarchy
Student Reviews
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Based on 13 reviews
5 stars
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Real Reviews, Real Results
From finance professionals who prepared and passed their CISI exams.
Recent Reviews
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Ali D.
VERIFIED · Aug 4, 2026
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Google
Best study tool
This platform completely changed how I study. The chapter summaries are brilliant for last-minute review, and the mobile dashboard works flawlessly.
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Zara S.
VERIFIED · Jul 29, 2026
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Google
Highly recommend
I tried reading the official book but it was too dense. These questions are challenging and the detailed feedback for every answer makes learning so much faster.
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Faisal W.
VERIFIED · Jul 10, 2026
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Google
CME-3A math finally clicked
Fundamental analysis, EPS, and P/E ratios always tripped me up. The step-by-step calculation breakdowns here are phenomenal. Passed CME-3A easily.
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Ahmed M.
VERIFIED · Sep 12, 2025
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Google
Scarily similar mocks!
Passed cme-3a last week! This was honestly my main study resource. The question bank is scarily similar to the actual exam topics... Worth every riyal for the confidence.
Response from Exams Academy
Thank you Ahmed! Great to know the study materials made a difference.
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Florence S.
VERIFIED · Aug 26, 2025
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Trustpilot
Really good 3a prep
Honestly, P/E ratios and EPS calcs are the worst... But the fundamental analysis section here is absolutely excellent. Passed cme-3a today!
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Sebastian G.
VERIFIED · Jul 20, 2025
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Clutch
Bond pricing finally clicks
Bond prices and coupons always confused me. The videos are great. Passed cme-3a on 1st try. Cheers guys!!
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Emeka K.
VERIFIED · Jul 9, 2025
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Google
Flashcards for the win
Yield calculations, coupon rates, and clean/dirty pricing... The flashcards really helped drill the formulas into my head. Passed!!
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Marco S.
VERIFIED · Jul 2, 2025
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Google
Yield calcs made easy
Yield calculations always tripped me up. The video walkthroughs here are so really good. Finally get it now. Passed cme-3a.
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Brian K.
VERIFIED · Jun 28, 2025
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Trustpilot
Basic but does the job
Nothing fancy. No videos, no community, no live support during my exam week. But the mock exams were accurate and I passed. So I guess it works. Just dont expect a premium experience.
Response from Exams Academy
We appreciate the honest feedback. We're always working to improve the study experience — please reach out to support@exams.academy if you need anything.
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Florence K.
VERIFIED · Jun 12, 2025
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Fundamental analysis
P/E ratios and EPS calculations are explained really well here. It's very exam-focused and practical. Passed the CME-3A on my first try!
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Akua L.
VERIFIED · Jun 2, 2025
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Clutch
Better than the workbook for sure
The official book is like 400 pages of pure fluff. These summaries just cut to the chase so you can actually pass the thing without falling asleep.
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Badr O.
VERIFIED · Jan 8, 2023
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Math finally clicked
Rights issues and stock splits used to do my head in... The math is always the tricky bit in 3a but these tutorials were actually clear. Managed to pass even though I thought I failed the calc section!!
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Sara C.
VERIFIED · Jan 8, 2023
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Summaries saved me
CME-3A was overwhelming but these summaries saved me. Cut straight through the fluff and focused on what actually comes up in the test.
Interactive preview
Free CME-3A: Certificate in Securities Practice Questions & Exam Preview
Try 15 CME-3A: Certificate in Securities practice questions from Corporate Actions
Practice CME-3A: Certificate in Securities exam questions with answers and explanations. The full course includes 5 mock exams and chapter study tools.
Exam Preview
Corporate Actions
Which statement correctly distinguishes an interim dividend from a final dividend?
1 / 15
Flashcards
Card 1 of 10The Financial Services Industry
Question
What is the primary function of the financial services sector?
Tap to reveal answer
Focus Learn
- Differences between retail and professional or wholesale business
- Roles of banks, pension funds, insurers and investment services
- Purpose of financial planning and financial advice
- Roles of investment banks, fund managers, stockbrokers and custodians
- Principal uses of equity, bond and foreign-exchange markets
- Dated exchange-market comparison in the current Candidate Update
Chapter 1: The Financial Services Industry
This chapter establishes who uses financial services and what the main participants do. Retail business is directed mainly at individuals and smaller organisations. It includes deposit-taking, lending, pensions, insurance, investment services, financial planning and advice. Professional or wholesale business serves companies and institutional investors through larger and often more specialised transactions. In a scenario, first identify the client and then the function being performed; the size or fame of the institution is not enough to identify its role.
Banks accept deposits, operate payment services and provide finance. Pension funds invest contributions to meet future pension liabilities, while insurers collect premiums, pool risks and invest reserves against expected claims. Financi…
Unlock all Focus Learn
Open every chapter’s key areas, pitfalls, exam traps and key numbers.
Adaptive study tools
Focus weak topics, learn with feedback, then switch to exam conditions.
Practice modes
Learn first. Then prove you’re ready.
Learn with feedback, then switch to exam conditions.
Exam Mode
Realistic exam simulation
Use the timer, keep answers hidden, then review your result.
Preparation Package at a Glance
| Feature | Exams Academy | Details |
|---|---|---|
| Access Period | Lifetime Access | One-time enrollment with no recurring fee |
| Practice Exams | Unlimited Retakes | Five full 100-question timed mock exams |
| Study Support | Instant 24/7 AI Tutor | Self-service AI support; live instructor support is not included |
| Cost | $151 (One-Time) | One-time payment with no recurring subscription |
Preview & See What You Will Get
Frequently Asked Questions
The published format is 100 multiple-choice questions in 120 minutes, with an official pass mark of 70%. The computer-based test may include up to 10% additional unidentified trial questions with proportionate extra time.
You get lifetime access from the moment you enrol. Study at your own pace and revisit the material whenever you need a refresher.
The course is mapped to Securities Version 25 for examinations from 22 March 2026 to 21 March 2027. It also applies the official Candidate Update published on 1 September 2026.
Absolutely. The platform is fully responsive and works on desktop, tablet, and mobile browsers. You can study on the go.
Mocks 1–4 contain 400 question stems without exact repeats. Mock 5 is a 100-question mixed review drawn evenly from the four primary papers. Every mock follows the official element weighting.
Yes. Use the current official study material as your core source. This independent course is a revision and exam-practice companion, not a replacement for official learning material or Candidate Updates.
The course is mapped to the official Saudi Financial Academy exam page, the current CISI Securities Version 25 syllabus and study material, and the 1 September 2026 Candidate Update. Practice questions are independently authored and are not official examination questions.
We do not guarantee a pass. Use the official material, check any later Candidate Updates and use the mocks, explanations and recall tools to identify and close your own knowledge gaps.
The learning tools start with core concepts and also cover applied calculations. Confirm any registration, licensing or route requirements directly with the Saudi Financial Academy for your own circumstances.
Yes! Test your knowledge and review detailed explanations with the free CME-3A: Certificate in Securities Mock Exam Preview below. It contains 15 exam-style questions from one named topic; the full course provides complete mock exams and syllabus coverage.
No. Saudi registered-person pathways use the Financial Academy's CME examinations. The required A technical unit and B rules-and-regulations unit depend on the registered function. Confirm the requirement with the employer and regulator before booking.
Use the Financial Academy page for the exact CME examination and language you intend to take. Assessment format, availability and fees differ by CME code, so confirm the selected examination page before booking.
Exams Academy course access is a separate US-dollar purchase. Official examination and workbook charges are not included; check the Financial Academy page for the exact CME examination before payment.
Key Benefits
AI Audio Summaries New
Listen to course modules on the go. Practice anytime, anywhere - even while driving or commuting.
- ✓ Studio-quality AI voice narration.
- ✓ Perfect for auditory learners.
- ✓ Maximize your study time during daily commutes.
Listen to a sample
Unlimited Mock Exams
Practice under real exam conditions with four distinct primary papers and one mixed review.
- ✓ Every paper contains 100 questions in the official element weighting.
- ✓ Mocks 1–4 provide 400 question stems without exact repeats.
- ✓ Mock 5 draws exactly 25 questions from each primary paper.
- ✓ Answer choices shuffle while explanations remain tied to the correct answer.
Quick-Reference Cheat Sheet
268 searchable facts, formulas and objective references across all nine elements.
- ✓ Bond yield, accrued-interest and present-value formulas.
- ✓ Rights, accounting and investor-ratio calculations.
- ✓ Offer methods, trading orders and settlement distinctions.
- ✓ Candidate Update figures and corrected learning points.
248 Active Recall Flashcards
Master key concepts and every Version 25 objective with spaced repetition across all nine elements.
- ✓ Covers asset classes, markets, settlement, and accounting.
- ✓ Includes 20 number-recall cards and a 128-objective syllabus map.
- ✓ Track mastery progress with the built-in tracker.
Chapter Summaries with Exam Tips
Concise summaries highlighting examinable areas and common exam traps.
- ✓ Examinable areas ranked by importance.
- ✓ Common pitfalls that catch students out.
- ✓ CISI-specific exam tricks and distinctions.
AI-Powered Study Mentor
Get instant explanations and guidance on any topic from your AI tutor.
- ✓ Ask questions in natural language.
- ✓ Get detailed explanations with examples.
- ✓ Covers all 9 chapters of the syllabus.
Exam Format & Details
| Assessment | Computer-based multiple-choice examination; up to 10% additional unidentified trial questions may be included with proportionate extra time |
| Duration | 120 Minutes |
| Standard Pass Mark | 70% |
| Level | CISI Level 3 |
| Expected Study Time | 80 hours |
| 2026 Published Pass Rate | 83% |
Saudi CME-3A Securities Exam Practice
This is an exam simulation and revision system for the Saudi Financial Academy CME-3A Certificate in Securities. It covers all nine Version 25 elements, from the Financial Services Industry to Investment Management, and applies the official 1 September 2026 Candidate Update.
The five mock exams include 500 practice questions in the official weighting. Every paper uses the official 120-minute format and 70% pass mark.
Who Is This For?
✓ Candidates preparing for the Saudi Financial Academy CME-3A examination
✓ Professionals working toward Saudi capital-market examination requirements
✓ Investment banking and securities operations professionals
✓ Trading, settlement, investment and financial-analysis professionals
✓ Career changers entering the financial services sector
Preparation centre
CME-3A: Certificate in Securities Exam Guides
Use these connected guides for the syllabus, exam format, booking and revision strategy.
Exam guide
Saudi Financial Academy Exam Retake Policy (3 Attempts & 6 Weeks) & CME-3A Guide
Confused by the Financial Academy's 3 attempts and 6-week cooling-off period? We explain the exact CME-3A retake policy, wait times, and how to pass.
Exam guideSaudi CME-3 Certificate Guide 2026: CME-3A & CME-3B Exams
Understand the Saudi CME-3 brokerage qualification, including CME-3A Securities, CME-3B Brokers Regulations, current exam facts, syllabus coverage, and preparation.
Course Features
🇸🇦 Local market guide
CME-3A: Certificate in Securities in Saudi Arabia: pathway, booking and careers
Review how CME-3A: Certificate in Securities connects to regulation, qualification pathways, booking, currency and careers in Saudi Arabia before paying the official exam fee.
Regulator and qualification pathway
Saudi registered-person pathways use the Financial Academy's CME examinations. The required A technical unit and B rules-and-regulations unit depend on the registered function.
Capital Market Authority and Financial AcademyBooking and official examination
Use the Financial Academy page for the exact CME examination and language you intend to take. Assessment format, availability and fees differ by CME code, so confirm the selected examination page before booking.
Browse official Financial Academy servicesCareer and employer context
Saudi CME pathways are role-based. Asset-management, advisory, compliance, broking and corporate-finance functions use different examination combinations, so the employing firm's compliance team should confirm the correct pair.
Price and currency
Exams Academy course access is a separate US-dollar purchase. Official examination and workbook charges are not included; check the Financial Academy page for the exact CME examination before payment.
Market-specific reading
Understand the pathway before booking
Ready to Pass Your Exam?
Build accurate recall and exam-day confidence with syllabus-aligned study tools, realistic practice and a course-grounded AI tutor.
CME-3A: Certificate in Securities
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