Trade Diploma exam

The Gafta Trade Diploma is an examination designed to showcase a candidate’s knowledge and commitment to the world of Gafta contracts and the grain trade. The exam is aimed at professionals who:

  • Wish to demonstrate high levels of competence
  • Are looking to progress their career within the grain trade
  • Want to test their knowledge

Criteria

The Gafta Trade Diploma is open to candidates who:

  • Are members of Gafta
  • Have passed the four Gafta Professional Development (GPD) courses OR passed the six Gafta Distance Learning Programme (DLP) modules within the last 5 years

Structure

The Trade Diploma takes 3 hours and 15 minutes and is an online-based paper. The paper is divided into 3 sections:

Part A is a series of general knowledge questions designed to test your understanding of the industry.
Part B is an essay question based on a hypothetical scenario, designed to test your ability to analyse the potential issues and outcomes of certain situations.
Part C is a document-analysis question designed to test your ability to recognise issues with documents and analyse the problems that may arise from them.

Candidates must achieve 65% in every section of the exam in order to pass.

Fee

Exam fee: £300 exclusive of VAT

The process:

  1. Notify Gafta that you wish to take the exam
  2. Gafta will check that you meet all the requirements
  3. Notify Gafta where you would like to take your exam. Gafta can host exam candidates at the London and Kiev offices. All other locations must have a Gafta member host who is not your employer
  4. Gafta will confirm who will be hosting & invigilating your exam (for exams not held at Gafta only)
  5. Confirm a date and time for your paper – you must give Gafta at least 1 week’s notice

Contact events@gafta.com to discuss your exam requirements

Conditions

  • For Trade Diploma and Arbitrator Diploma: Candidates who fail the exam can arrange to re-take once. Retakes must be taken within 12 months of the first paper. Candidates who fail the retake paper must wait 24 months before attempting the exam again
  • For Appeal Board exam: Candidates who fail the exam must wait 12 months before they are eligible to retake
  • Candidates must be employees of Gafta members or be members in their own right
  • Candidates must not use their own personal computers/laptops to take the exam
  • Candidates who opt to take the exam anywhere other than Gafta London may be charged an fee towards the cost of room hire and/or invigilation. Additional charges will be agreed with candidates in advance
  • Exams cannot be arranged until the relevant training has been passed
  • If there is a training requirement for the exam, training must have been completed within 5 years of your exam date
  • Exemption decisions are final
  • Exam papers must be written and submitted in English. Candidates are partly assessed on the standard of written English exhibited