It is an online course with Heliguy which you complete at your leisure with unlimited re-sits should you fail. Cost is £249.99 which made me wonder if it was worthwhile but considering the restrictions if you don't hold this ticket I feel I either get this or sell the drone. Exam is done online via webcam, the guy from Heliguy monitors you via webcam after you showing him your surroundings. I have great faith in Heliguy and have spoke with them on the phone a couple of months ago about the course. As for validity Heliguy seem to be stating on their site that November this year is the changeover date, I was like you thinking it was 31 December but things seem to change on a day to day basis. Personally I feel that the restrictions without this qualification are too restrictive hence the reason for purchasing. I know if I sell this drone I will regret it once again and the wife would take a dim view of me buying the exact same kit for a third time!