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How much CAMS Exam Cost

There are two options. Candidate can choose either with a virtual classroom package or without a virtual classroom package.

Price and benefits of with virtual classroom package

The price of this package is $1,880 for private sectors and $1,540 for public sectors
This package consists of a CAMS study guide, Online Preparation Course, CAMS Virtual classroom and CAMS Examination

Price and benefits of without virtual classroom package:

The price of this package is $1,459 for private sectors and $1,145 for public sectors
This package consists of a CAMS study guide, Online Preparation Course and CAMS Examination

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ACAMS CAMS Exam Syllabus Topics:

Topic	Details
Topic 1	Risks andMethods of Money Laundering and Terrorism Financing: This section measures the skills of Anti-Money Laundering Specialist and covers definitions of AML CFT sanctions and related financial crime concepts. It includes how money laundering and terrorist financing occur across various sectors and products such as banking, insurance, real estate, gaming, high value items, and professional services. It also emphasizes recognizing the typical red flags and typologies associated with money laundering and financing terrorism, including emerging risks tied to technology and new methods of concealment.
Topic 2	Building an Anti-financial Crime Compliance Program: This section measures the skills of Compliance Manager and focuses on designing, implementing, and governing an effective AFC program. Topics include the core pillars of AFC programs, the three lines of defense, risk appetite statements, and enterprise risk assessment. It covers building a risk-based approach, differentiating policies standards and procedures, staying aligned with regulatory guidance, and establishing governance through appropriate committees. It also covers FATF and UN roles, regulator and law enforcement coordination, and public-private partnerships for data sharing and collaboration across jurisdictions. The section then moves into detailed onboarding and ongoing controls, including KYC CDD EDD, sanctions screening, suspicious activity monitoring, and the use of AI ML tools. It concludes with evaluating AFC tools, data quality, and the balance between customer experience and risk controls.
Topic 3	Tool Sand Technologies to Fight Financial Crime: This part covers practical capabilities for implementing AFC controls. It includes the selection and integration of tools across the customer lifecycle, data quality, and the use of digital onboarding and identity verification technologies. Topics include onboarding and ongoing screening sources such as credit references, beneficial ownership registers, adverse media, criminal records, and government identity checks, plus sanctions screening against UN OFAC EU lists and other watch lists. It also discusses ongoing controls like AI ML-driven monitoring, list management, transaction screening including SWIFT and blockchain transactions, and the evolution from rules-based to AI-enhanced monitoring. The section also considers privacy data protection, tool selection, and the operational impact of deploying AFC technologies in a risk-based framework.
Topic 4	Examination Day Operations and Ethics: This area outlines the practicalities of exam logistics and integrity. It covers scheduling, rescheduling, and refund policies, ID requirements, and the importance of exam security. It describes acceptable and prohibited items in test centers, center problem reporting, inclement weather procedures, and options for online proctoring where available. It also explains confidentiality, results reporting, retake policies, and the process for appeals in cases of denial or revocation. The section emphasizes the need to maintain the integrity of exam materials and to adhere to privacy and data protection standards during investigations and in reporting procedures.
Topic 5	Global AFC Frameworks Governance and regulations: This portion measures the skills of AFC Governance Lead and covers international and regional frameworks, regulatory bodies, and the coordination among regulators, FIUs, and law enforcement. Topics include KPIs KRIs and board reporting needs, cross-border reporting requirements, and the integration of controls across customer lifecycles. It also addresses the design and monitoring of controls such as KYC CDD EDD due diligence, and risk assessments across different products and services, including high-risk customers and jurisdictions. The section stresses the importance of awareness of AFC sanctions regimes across different regions, and the value of public-private collaboration for data and intelligence sharing.

Reference: https://www.acams.org/sites/default/files/2024-02/EN-CAMS_011924.pdf

The benefit in Obtaining the CAMS Exam Certification

ACAMS conducted a survey recently and the findings were pretty interesting on average, professionals who had their ACAMS made $25,000 more than their colleagues who did not have the CAMS certification!
Proving their AML experience to examiners and regulators
Meeting mandated AML training needs through preparation and study
Increasing their skilled worth through a higher understanding of financial crime detection and hindrance techniques
Protecting their company from money laundering threats and minimize money crime risks

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