Candidates are expected to complete the modules in stage one before proceeding to stage two. However within each stage, candidates may choose their preferred examination module. That is Module A & B could be completed in any order either sequentially or concurrently. You may enroll for either one or both modules in one examination session. It is therefore possible to complete the qualification within one year.
The pass mark for each examination module is 60%. Students will be awarded the CIS Diploma in Securities & Investment on successful completion of the four modules in the two examination stages.
In order to become an CIS holder you must complete stage 1 and stage 2 of the CIS examination. In addition to successfully completing both levels of the qualification, you must have at least three (3) years of relevant experience, one of which must be post-qualification. There are two levels to the CIS qualification and there are two examination sittings per year in March and September.
Examination Periods:
Examination for both stages are held in June and December of each year.
Examination Mode and Centre:
The examination is deployed in computer based testing mode. Candidates enrolling for examination will be notified of both the examination advice and exam centre.
Examination Format:
Effective from September 2014, candidates for the Professional Diploma examination will be assessed using the Computer Based Test (CBT) at specific test centres across the country. It will be by three-hour assessment of 120 fully multiple choice questions per module. The first stage must be completed before moving to the second stage.
Schedule of Examination Dates:
In order to meet the Nigerian Stock Exchange (NSE) deadline of minimum operating standard requirements for sales traders and clients service staff of Dealing member firms to process CIS professional certification as minimum qualification, starting from September 2014, the eamination will be conducted on a monthly basis till August 2015. Thereafter, it will be re-adjusted to the normal schedule of June and December bi-annual examination.
| S/No. | EXAMINATION | DATE OF EXAMINATIONS |
|---|---|---|
| 1 | September 2014 | Tuesday, September 2, 2014 |
| 2 | October 2014 | Tuesday, October 7, 2014 |
| 3 | November 2014 | Tuesday, November 4, 2014 |
| 4 | December 2014 | Tuesday, December 2, 2014 |
| 5 | January 2015 | Tuesday, January 6, 2015 |
| 6 | February 2015 | Tuesday, February 3, 2015 |
| 7 | March 2015 | Tuesday, March 3, 2015 |
| 8 | April 2015 | Tuesday, April 7,2015 |
| 9 | May 2015 | Tuesday, May 5, 2015 |
| 10 | June 2015 | Tuesday, June 2,2015 |
| 11 | July 2015 | Tuesday, July 7, 2015 |
| 12 | August 2015 | Tuesday, August 4, 2015 |
Examination Fees
| MODULES | STAGE 1 | STAGE 2 |
|---|---|---|
| Module A | 7,500 | 10,000 |
| Module B | 7,500 | 10,000 |
| Module A & B | 15,000 | 20,000 |