Educational Requirements: There’s no strict educational requirement, but most candidates possess a bachelor’s degree in finance, business, law, or a related field. Advanced degrees in these fields can sometimes reduce the work experience ACAMS Certification Costrequirement.
Experience Requirement: Candidates typically need at least 40 credits of "AML-related" work experience to sit for the exam. Credits are assigned based on your professional experience, education, and any certifications or training you've already completed. Usually, candidates with at least two years of relevant work experience are eligible.
2. Study and Preparation
Although not a formal requirement, preparation is a key part of the certification process. The ACAMS study guide and online training programs provide the necessary knowledge, but candidates must dedicate considerable time to mastering the material. ACAMS recommends at least 100 hours of study before attempting the CAMS exam.
3. Passing the CAMS Exam
The final requirement is to pass the CAMS exam. This rigorous test consists of 120 multiple-choice questions, and candidates are given 3.5 hours to Acams certification worth itcomplete it. A passing score requires a solid understanding of AML laws, financial crime techniques, compliance processes, and international regulatory frameworks.
