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.
Exam Format: multiple choice, calculation, discursive and short essay questions.
Graduates who already have relevant qualifications may be exempt from the Foundation Level exams. Contact your local national / regional society for further details.
Exam Format: full and mini-case study questions and in-depth essay.
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.
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:
The pass rates for March 2021 are:
Final 1: 72,84%
Final 2: 69.19%
The pass rates for September 2021 are:
Final 1: 57.45%
Final 2: 70.35%
The pass rates for March 2022 are:
Final 1: 76.76%
Final 2: 75.55%
Pass rates for September 2022 are:
Final 1: 82.22%
Final 2: 46.34%
Europe/South America/Africa 10 March 2023
Asia 11 March 2023
Europe/South America/Africa 15 September 2023
Asia 16 September 2023
Europe/South America/Africa 8 March 2024
Asia 9 March 2024
Europe/South America/Africa 20 September 2024
Asia 21 September 2024
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.
The CIIA Examination Syllabus 2022 will first apply to the CIIA Final Level examinations held in March 2024. In the March 2023 and September 2023 Final Level examinations, the CIIA Syllabus 2021 is applied.
The CIIA Examination Syllabus 2022 reflects changes in “Portfolio Management”:
Reference Reading List
CIIA Reference Literature (31k)
Sample of recent exams Final 1
Sample of recent exams Final 2
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