Is IFIC same as Cifc?

Is IFIC same as Cifc?

The Canadian Investment Funds Course (CIFC), offered by the educational arm of the Investment Funds Institute of Canada (IFIC), is an essential introduction to mutual funds.

What is CSC designation?

The CSC is the foundational financial services credential that top employers demand. The CSC® is a baseline regulatory requirement to perform securities, mutual fund and alternative funds transactions in many financial services positions.

What is the pass rate for the Canadian securities course?

60 per cent
“You have one year to write the exams from when you sign up, and you can extend it one year, but then after that you just lose your money.” The securities exams have a pass rate of 60 per cent, but those keen to take the course are not in for easy reading. “It is a bit of a slog,” Efron said. “It’s a lot of material.

How long is Canadian Securities Course valid?

three years
The validity for the Canadian Securities Course is three years if you’ve never been approved with an IIROC member firm. If you have terminated your membership with an IIROC member firm, your licensing course is valid for three years from that date, provided you were registered in a category that required the course.

How long does the Canadian Securities course take to complete?

On the CSI website, you’ll see that it estimates that it will take you between 135-200 hours of study time depending on your background and level of comprehension. That is definitely accurate.

What are the different types of financial securities licenses?

Breaking Down Financial Securities Licenses. While there are several licenses geared toward specific types of securities, there are three general licenses that the majority of representatives and advisors usually obtain: Series 6 The Series 6 license is known as the limited-investment securities license.

Why invest with IFS?

At IFS, your investment activities are driven by strategy based on decades of academic research gathered from the capital markets. Our investment strategy connected with your personal financial goals guides confident decision-making for:

How do I get a securities industry essentials license?

To get a license, an individual first needs to pass the Securities Industry Essentials (SIE) Exam through FINRA. Next, you need to be sponsored by a company that is a member of FINRA.

What is a series 7 securities license?

The Series 7 license or general securities representative (GS) license allows the holder to sell almost all individual securities, including common and preferred stocks, call and put options, bonds, and other fixed income. Excluded from the list: commodities futures, real estate, and life insurance. What Does It Cost to Get a Securities License?