Effective January 1, 2026, the proficiency rules applicable to Investment Dealer Approved Persons with CIRO have changed. This course is no longer acceptable for the purposes of CIRO approval with an Investment Dealer. There may be circumstances where this course may be accepted for purposes of the CIM® designation. For more information, visit the CIRO Proficiency website.
Hours of study: 60 – 80 Hours
Enrolment Period: 1 Year
What is the AIS exam weighting?
| Exam Topics | Weightings |
|---|---|
| Understanding the Client and the Portfolio Management Process | 19% |
| Fundamental and Technical Analysis | 15% |
| Analyzing and Selecting Debt and Mutual Fund Securities | 12% |
| Analysis of Alternative Investment Products | 13% |
| International Investing and Taxation | 11% |
| Portfolio Solutions Fundamentals | 12% |
| Protecting Client’s Investments | 9% |
| Impediments to Wealth Accumulation | 9% |
What is the AIS exam structure?
| Structure | Information |
|---|---|
| Exams | 1 |
| Exam Format | Proctored (remote or in-person at a test centre) |
| Exam Duration | 2 hours |
| Question Format | Multiple-choice |
| Questions Per Exam | 75 |
| Attempts Allowed Per Exam | 3 |
| Passing Grade | 60% |
| Assignments | None |
What Continuing Education (CE) credits will you earn?
| Accreditation | Credits |
|---|---|
| PFP Professional development | 20 |
| ICM Life Insurance | 5 |
| ICS Life Insurance | 5 |
| FSRA Life Insurance | 5 |
| CIRO-ID Professional Development | 20 |
| CIWM Professional development | 20 |
| DFSA Professional Development | 20 |
| CFP General CE | 20 |
| QAFP General CE | 20 |
| CSF General Subjects | 10 |
| CSF Mutual Funds | 10 |
| ICBC Life Insurance | 5 |
View CE credits for all CSI courses and all associations.
While CSI makes every effort to ensure that the information is up-to-date, we are unfortunately unable to fully guarantee its accuracy. The information listed in the chart may be subject to change.