The common knowledge exams are divided into two levels - the Foundation and Final Level. Examined are essential skills and knowledge required for professionals working in investment markets common in all countries.
The national / regional exam is set by individual national / regional societies and examines knowledge of specific markets. Covered are the legal, regulation, taxation, local market practices and the cultural environment of the financial market of study.
Foundation level:
Exam Format: multiple choice, calculation, discursive and short essay questions.
Exam 1 | 3H10 |
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Exam 2 | 2H40 |
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Exam 3 | 3H10 |
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Graduates who already have relevant qualifications may be exempt from the Foundation Level exams. Contact your local national / regional society for further details.
Final level
Exam Format: full and mini-case study questions and in-depth essay.
Exam 1 | 3H |
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Exam 2 | 3H |
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National / Regional Exam
Set by individual national/regional societies and examines knowledge of specific markets. Covered are the legal, regulation, taxation, local market practices and the cultural environment of the financial market of study.
Exam 1 | 3H |
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Exam Making
All CIIA exams are provided by the AZEK - the centre for international examinations in Switzerland. The CIIA International Examination Committee is made up of professionals from within the industry who are associated with the Swiss Examinations Centre.
Rules and Regulations
Download the Rules and Regulations of the CIIA examinations here.
Study and study references
Proceed to study and study references for:
March
The passing for March 2020 are:
Final 1: 87.43%
Final 2: 66.25%
September
The passing rates for September 2020 are:
Final 1: 60.24%
Final 2: 68.22%
March
The passing rates for March 2019 are:
Final 1: 54.42%
Final 2: 57.91%
September
The passing rates for September 2019 are:
Final 1: 49.58%
Final 2: 57.77%
March
Europe/South America/Africa 5 March 2021
Asia 6 March 2021
September
Europe/South America/Africa 10 September 2021
Asia 11 September 2021
March
Europe/South America/Africa 11 March 2022
Asia 12 March 2022
September
Europe/South America/Africa 16 September 2022
Asia 17 September 2022
Study Reference
The Study Reference files are available for download in PDF format. If you do not have a PDF reader please download one here. Before downloading study materials please read our disclaimer.
Exam Syllabus
The updated syllabus includes a new section 11 “Sustainable Investment” in “Portfolio Management” and will first apply to the CIIA examinations held in March 2022 (i.e. NOT the September 2020, March 2021 and September 2021 examinations. For these examination sessions, the CIIA Examination Syllabus current version above is applied).
Contact ACIIA if you have any questions by filling out the contact form by clicking on the contact button