| 1.00 | Understand risk management and insurance. | 20% | B2 Understand Conceptual |
| 1.01 | Explain the nature of risk management. | 6% | - |
| 1.02 | Explain the role of ethics in risk management. | 6% | - |
| 1.03 | Discuss the legal considerations affecting risk management. | 3% | - |
| 1.04 | Describe the nature of the insurance industry. | 5% | - |
| 2.00 | Understand corporate governance. | 10% | B2 Understand Conceptual |
| 2.01 | Discuss the importance of corporate governance in business. | 2% | - |
| 2.02 | Describe the components of a well-governed company (e.g., board of directors, reporting, transparency, internal and external audit functions). | 4% | - |
| 2.03 | Ascertain employee's role in achieving governance objectives. | 1% | - |
| 2.04 | Identify the factors that impact governance structures. | 3% | - |
| 3.00 | Understand the role of accounting in business. | 25% | B2 Understand Conceptual |
| 3.01 | Explain the concept of accounting. | 4% | - |
| 3.02 | Discuss the role of ethics in accounting. | 2% | - |
| 3.03 | Explain the nature of business plans. | 6% | - |
| 3.04 | Developing a business plan. | 8% | - |
| 3.05 | Explain legal considerations for accounting. | 5% | - |
| 4.00 | Understand finance and the global economy. | 15% | B2 Understand Conceptual |
| 4.01 | Describe factors that affect the business environment. | 5% | - |
| 4.02 | Discuss the nature of convergence/consolidation in the finance industry. | 1% | - |
| 4.03 | Discuss the global environment in which businesses operate. | 5% | - |
| 4.04 | Explain the nature and scope of financial globalization. | 2% | - |
| 4.05 | Describe the relationship between economic conditions and financial markets. | 2% | - |
| 5.00 | Understand financial legalities and compliance. | 10% | B2 Understand Conceptual |
| 5.01 | Describe the nature of taxes. | 4% | - |
| 5.02 | Discuss the effect of tax laws and regulations on financial transactions. | 3% | - |
| 5.03 | Discuss the nature, scope and technology of compliance in the finance industry. | 3% | - |
| 6.00 | Understand ethical leadership. | 20% | B2 Understand Conceptual |
| 6.01 | Describe the nature of ethics. | 6% | - |
| 6.02 | Demonstrate honesty and integrity. | 4% | - |
| 6.03 | Explain the concept of leadership. | 6% | - |
| 6.04 | Explain the nature of ethical leadership. | 4% | - |
