Overview
PRC-2 covers business mathematics, financial mathematics, statistics and probability. Statistics carries the largest weighting (30–40%).
Most marks come from short calculations, so speed with a calculator and a clear method for each formula matter more than memorising theory.
Computer-based exam in ICAP's examination software
Worth knowing
- ICAP's PRC model papers run inside its examination software, reached from the student secured area (CRN login). There are no public PDF papers to index, so this page lists the official access route and the syllabus weightings instead of a topical index.
Syllabus weightings
Weightings from ICAP's published syllabus.
| Section | Syllabus weight |
|---|---|
| A. Basic mathematics | 20–30% |
| B. Financial mathematics | 20–30% |
| C. Application of statistics in business | 30–40% |
| D. Probability and expected values | 10–20% |
PRC-2 chapter MCQs
Free MCQs with explanations for every area in the index.