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: 80 – 100 Hours
Enrolment Period: 1 Year
What is the IMT® exam weighting?
| Exam One Topics | Weightings |
|---|---|
| Investment Policy and Understanding Risk Profile | 10% |
| Asset Allocation and Investment Management | 8% |
| Equity Securities | 19% |
| Debt Securities | 17% |
| Managed Products | 19% |
| International Investing and Taxation | 7% |
| Managing Your Client’s Investment Risk | 5% |
| Impediments to Wealth Accumulation | 8% |
| Portfolio Monitoring and Performance Evaluation | 7% |
| Exam Two Topics | Weightings |
|---|---|
| Investment Policy and Understanding Risk Profile | 16% |
| Asset Allocation and Investment Management | 14% |
| Equity Securities | 14% |
| Debt Securities | 18% |
| Managed Products | 14% |
| International Investing, Investment Risk and Impediments to Wealth Accumulation | 16% |
| Portfolio Monitoring and Performance Evaluation | 8% |
What is the IMT® exam structure?
| Structure | Information |
|---|---|
| Exams | 2 |
| Exam Format | Exam 1: Proctored (remote or in-person at a test centre) Exam 2: Proctored (remote or in-person at a test centre) |
| Exam Duration | Exam 1: 3 Hours Exam 2: 3 Hours |
| Question Format | Exam 1: Multiple-choice Exam 2: Multiple cases with multiple-choice questions |
| Questions Per Exam | Exam 1: 110 Questions Exam 2: 50 Questions |
| Attempts Allowed Per Exam | 3 |
| Passing Grade | Exam 1: 60% Exam 2: 60% |
| Assignments | None |
What Continuing Education (CE) credits will you earn?
| Accreditation | Credits |
|---|---|
| CSF General Subjects | 10 |
| CSF Mutual Funds | 10 |
| IPF SFPA | 15 |
| IPF SC | 5 |
| FSRA Life Insurance | 30 |
| ICS Life Insurance | 5 |
| ICM Life Insurance | 5 |
| AIC Life Insurance | 30 |
| ICBC Life Insurance | 30 |
| DFSA Professional Development | 20 |
| CIRO-MF Professional Development | 20 |
| MTI | 30 |
| CIWM Professional development | 20 |
| PFP Professional development | 20 |
| CFP General CE | 20 |
| QAFP General CE | 20 |
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.