All You Wanted to Know About CISI Financial Regulation Exam (2024)

FAQs

How difficult is CISI? ›

The Private Client Investment Advice and Management exam delivered by the CISI, has been categorised at QCF Level 6. It is therefore going to be a tough exam to pass unless you have prepared well. By preparation we mean not only study of the syllabus but also active practice on exam technique.

The examination will check a student's knowledge regarding the regulatory environment, financial market act 2000 and 2012, associated legislation and regulation, and FCA Conduct of Business(client assets). According to CISI statistics, only 81% of hardworking individuals are able to crack it.

As such, CFA has far more global recognition, if you are looking for a qualification that offers global mobility, CFA programe is head and shoulders above the CISI qualifications. However, CISI is much more flexible, CFA is only applicable for managing money/wealth/assets/etc.

The CISI has five different grades of membership.

Certified Public Accountant (CPA)

The CPA Exam is widely regarded as one of the toughest professional exams, and it covers a wide range of topics, including auditing and attestation, financial accounting and reporting, regulation, and business environment and concepts.

Chartered Financial Analyst (CFA®)

To obtain the CFA charter, candidates must successfully complete three difficult exams and gain at least three years of qualifying work experience, among other requirements.

Which is better, CFA or CISI? - Quora. Depends on how you look at it. CFA is all about portfolio management and it equips with you with the technical skills required to become a successful PM. CISI on the other hand takes a much more holistic approach and hands you the baton to select an area to specialize in.

This test uses multiple choice items. To answer each multiple choice question in your exam, click your answer with the mouse. Practice on the sample question by doing the following: Select an answer.

Register with CISI and book your exam-we will assist you. Exam Fee AED 1400 Approx.

“Receiving accreditation from CISI is very prestigious and will no doubt benefit my career. Nowadays many banks and financial institutions are choosing to use CISI qualifications to benchmark their employees' knowledge, so this will help me fulfil my career goals.

Is the CPA harder than the CFA? ›

CFA vs CPA Exam difficulty

Both are challenging and require gaining skills and knowledge in complex topics. However, the CPA Exam generally requires less studying - around 80 to 120 hours per section compared to 300 hours per section of the CFA Exam, and the CPA Exam also has a higher pass rate.

The Chartered Wealth Manager Qualification is recognised by Ofqual as the CISI Level 7 Diploma in Wealth Management on the Regulated Qualifications Framework (RQF). On the European Qualifications Framework this equates to a level 7 qualification.

The CISI was formed in 1992 as the Securities Institute by the members of the London Stock Exchange. It changed its name to the Securities and Investment Institute in November 2004. It became the Chartered Institute for Securities & Investment when it was granted a Royal Charter in October 2009.

To become an Investment Manager, you usually need financial management experience in, for example, accountancy, banking, economics or insurance, and a relevant degree. Some degrees include investment and financial analysis. There are also postgraduate courses in investment and in investment analysis.

Candidates must pass both the Series 79 exam and the SIE exam to obtain the Investment Banking registration.

The Series 7 exam is often considered the most difficult securities licensing exam. But, the answer is up to you. If you prepare properly and utilize an online learning tool like ExamFX's Series 7 course, you can approach the test with confidence and earn your Series 7 registration.

Why enrol in the CISI Investment Advice Diploma? The CISI Investment Advice Diploma is RDR compliant and carries FCA approval and FSSC endorsem*nt for the retail sector. It is highly regarded. Upon successful completion you will have the right to use the professional designatory letters ACSI.

Investment management can be highly demanding, which could make it difficult to maintain a good work-life balance.