Are you’re a private equity analyst, fund manager, financial consultant, stock broker or other financial services professional looking to stand out in your field? If you are, then you need to acquire the CISI Diploma, which is offered by the Chartered Institute of Securities and Investment.
This article presents a detailed guide on what you should do to acquire this diploma. Read on.
1. About CISI Diploma
Before pursuing any qualification, it is essential to determine whether it will add value to your career. You must ask yourself questions such as;
- Is it a credential that is recognized worldwide?
- How does it compare with other similar credentials?
Well, the CISI Diploma is a qualification that is recognized internationally, and is available to people from all corners of the world. It equips students with the knowledge and skills to provide practical solutions to challenges they encounter with their financial service practice. Holders are able to practice in all financial serviced disciplines, including global operations management.
2. Registering as a Candidate
Once you are convinced the CISI Diploma will help you meet your career interests, the next step is to register with CISI.
The registration process is quite straightforward. All you need to do is open the new customer (student) registration page on the CISI’s website, and fill out a form that requires the following details:
- Your name
- Date of birth
- Email address
- Physical address (city, county, country, postal code)
- Telephone number.
After you’re done, submit the form and wait to receive your candidate’s number and password that will enable you to access the Institute’s online systems.
With the registration done, you can proceed to book the CISI Diploma exams offered in June and December. So if you are registering as a candidate in May, it is advisable to sit the exam in December. This will give you enough time to study.
Be sure to register your qualification before booking the exam.
3. Studying for the Diploma
To be awarded the diploma, you must take and pass any three of the following units:
- Bond & Fixed Interest Markets
- Financial Derivatives
- Global Operations Management
- Regulation & Compliance
- Private Client Investment Advice & Management
- Fund Management.
You should choose units that are most relevant to your area of practice. If you are a stock broker, for example, then you will best be served by taking the Bond & Fixed Interest Markets, Financial Derivatives and Fund Management units.
It is essential to note that from the beginning of June 2015, the current structure of the CISI will be replaced by a new one. Some of the units listed above, will be enhanced into diplomas. For example, the Bond & Fixed Interest Markets, Financial Derivatives and Fund Management units will be combined to form the Capital Markets Diploma.
Now, back to studying.
You can choose to self-study or complete training offered by commercial providers. If you choose the former option, you can purchase study materials from the CISI’s online bookshop.
If you choose the latter, be sure to choose a training provider who is accredited by CISI.
4. Taking Your Exams
At this point, the only thing standing between you and the CISI Diploma is the exam.
You can take all the three units during one exam period, or tackle them in separate exam periods. It all depends on your level or preparedness.
Exams are delivered via computer-based testing at design designated exam centers throughout the world.
Once you pass the three units, you will be awarded the CISI Diploma.
That is how to acquire the CISI Diploma. With it in your file of qualifications, you can qualify from MCSI membership level in the Institute, as well as gain eligibility for other high-level qualifications, such as Chartered Wealth Manager.