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CIS JOINS ACIIA - January 30, 2009

CIS has been admitted as a contracting member of the Association of Certified International Investment Analysts (ACIIA) based in Switzerland.

The Association of Certified International Investment Analysts (ACIIA) was established in 2000. Since its establishment, ACIIA membership has grown from 9 to 29 associations worldwide supporting the Certified International Investment Analyst CIIA diploma. The members are spread throughout Asia, Europe, South America, the Middle East and Africa, and encompass a wide variety of languages, cultures, and business customs.

ACIIA is the international umbrella organisation for national and regional associations of investment professionals representing over 50,000 portfolio managers, analysts, investment advisers, asset managers and fund managers etc worldwide. Its role is to provide a flexible, internationally recognised qualification - Certified International Investment Analyst CIIA - which examines candidates at a high standard and in a practical fashion in the global and local topic areas that are necessary to pursue a career in the investment profession. In doing so, it strives to:

  • Encourage and provide a forum for the creation and interchange of ideas and information in the finance and investment field
  • Support and promote the interests of the investment community
  • Promote ethical behaviour in the industry.

Certified International Investment Analyst CIIA ® is an internationally recognised advanced professional qualification for individuals working in the finance and investment industry. Increasing globalisation of investment markets mean the world's key financial institutions are integrating their operations across the major financial centres of the world.

With CIIA qualification, our graduates will become mobile professionals with qualifications that will enable them to work in any international financial centre.

Exams

To be awarded the CIIA ® , candidates must pass two levels of common knowledge exams and a national / regional exam, and have 3 years experience working in the domain of financial analysis, portfolio management, and / or investment in general.

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.

Common knowledge exams

Foundation level

Exam Format: multiple choice, calculation, discursive and short essay questions.

Exam 1

3.10hrs

  • Equity valuation and analysis
  • Financial accounting and statement analysis
  • Corporate Finance

Exam 2

2.40hrs

  • Fixed income valuation and analysis
  • Economics

Exam 3

3.10hrs

  • Derivative valuation and analysis
  • Portfolio management

Final level

Exam Format: full and minicase study questions and indepth essay.

Exam 1

3hrs

  • Corporate finance
  • Economics
  • Financial accounting and statement analysis
  • Equity valuation and analysis

Exam 2

3hrs

  • Fixed income valuation and analysis
  • Derivative valuation and analysis
  • Portfolio management

National / Regional exam

The national examination is set by individual national/regional societies and examines knowledge of specific markets. The courses covered are the legal, regulation, taxation, local market practices and the cultural environment of the financial market of study.

Exam 1

3hrs

  • Regulation
  • Ethics
  • Financial statements analysis
  • Market structures and instruments

CIS graduates and members are exempted from the foundation level and the national examinations and are only required to take the final examination level.

The current National members of ACIIA are:

•  Argentina: Instituto Argentino de Ejecutivos de Finanzas

•  Austria: Öesterreichische Vereinigung für Finanzanalyse und Anlagebertung

•  Belgium: Association Belge des Analystes Financiers

•  Brazil: Associação dos Analistas e Profissionais de Investimento do Mercado de Capitais

•  China:The Securities Association of China

•  Chinese Taipei: The Securities Analysts Assocation, Chinese Taipei

•  France: Société Française des Analystes Financiers

•  Germany: Deutsche Vereinigung für Finanzanalyse und Asset Management

•  Greece: Hellenic Association of Certified Stockmarket Analysts

•  Hong Kong:The Hong Kong Securities Institute

•  Hungary: The Hungarian Capital Market Professionals' Society

•  India: Council for Portfolio Management and Research

•  Iran: The Iran Investment Industry Development Association

•  Italy: Associazione Italiana degli Analisti Finanziari

•  Japan:The Security Analysts Association of Japan

•  Kazakhstan: Association of Financial and Investment Analysts

•  Korea: The Korea Certified Investment Analysts Association

•  Luxembourg: Luxembourg Society of Portfolio Managers and Financial Analysts

•  Mexico: Instituto Mexicano de Analistas, Asesores y Administradores del Mercado Financiero, AC (IMA3)

•  Morocco: Société Marocaine des Analystes Financiers

•  Netherlands: VBA - Beroepsvereniging van Beleggingsprofessionals

•  Nigeria: Chartered Institute of Stockbrokers

•  Poland:Polish Association of Brokers and Investment Advisors

•  Russia: Guild of Investment and Financial Analysts

•  Spain: Instituto Español de Analistas Financieros

•  Sweden: Sveriges Finansanalytikers Förening

•  Switzerland: Swiss Financial Analysts Association

•  Thailand: Secuities Analysts Association

•  Tunisia: Tunisian Association of Financial Analysis

•  Ukraine: Ukrainian Society of Financial Analysts

 

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