We're so confident of our products that we provide no hassle product exchange.
CISI ICWIM Exam Overview:
| Certification Vendor: | CISI (Chartered Institute for Securities & Investment) |
| Exam Name: | International Certificate in Wealth & Investment Management |
| Exam Number: | ICWIM |
| Passing Score: | 70% |
| Certificate Validity Period: | Lifetime validity |
| Exam Duration: | 120 minutes |
| Real Exam Qty: | 100 |
| Exam Price: | £210 - £380 GBP (varies by region) |
| Related Certifications: | Certificate in Financial Planning Certificate in Investment Management Diploma in Wealth Management |
| Exam Format: | Multiple Choice Questions (MCQ), Computer-based, Remote invigilation or test centre |
| Available Languages: | English, Arabic, French |
| Recommended Training: | Official CISI Workbook & eLearning |
| Exam Registration: | CISI Official Registration |
| Sample Questions: | CISI ICWIM Sample Questions |
| Exam Way: | Online remote invigilation or in-person at global test centres |
| Pre Condition: | No formal prerequisites; open to all candidates |
| Official Syllabus URL: | https://www.cisi.org/cisiweb2/cisi-website/why-choose-a-CISI-qualification/wealth-retail/international-certificate-in-wealth-investment-management |
CISI ICWIM Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Fiduciary Relationships | 16% | - Conflicts of interest - Risk profiling and suitability - Duties and responsibilities - Client needs assessment |
| Topic 2: Asset Classes | 10% | - Derivatives - Fixed income securities - Real estate and alternative assets - Equities - Cash and money market instruments |
| Topic 3: The Financial Services Sector | 16% | - Ethical standards and professional conduct - Regulatory objectives and frameworks - Structure and participants - Market functions and products |
| Topic 4: Investment Advice | 21% | - Taxation principles - Advisory process - Communication and documentation - Portfolio recommendations and review |
| Topic 5: Investment Management | 15% | - Risk and return concepts - Investment strategies - Performance measurement and evaluation - Portfolio construction theories |
| Topic 6: Economics and Investment Analysis | 10% | - Macroeconomics and markets - Investment mathematics and statistics - Economic indicators and cycles - Valuation methods |
| Topic 7: Lifetime Financial Provision | 18% | - Retirement planning - Protection and insurance planning - Trusts and foundations - Estate and succession planning |
| Topic 8: Industry Regulation | 10% | - Client categorization and protection - Financial crime prevention - Regulatory authorities and rules - Compliance and governance |
CISI International Certificate in Wealth & Investment Management Sample Questions:
1. The UCITS regulations have been integral to introducing a common format for:
A) Trade settlement
B) Key investor information documents
C) Corporate actions
D) Company accounts
2. The Arbitrage Pricing Theory (APT) assumes investors can sell short. This involves:
A) Selling something you do not own, intending to buy it back at a lower price later
B) Selling lots of securities over a short time frame
C) Selling your shares and buying them back a short time later
D) Not selling the whole of your shareholding in one trade
3. What is the expected outcome of an assessment of a client's health protection priorities?
A) It will quantify the extent to which the client should consider action
B) It will generate a new health policy
C) It will remove the need to focus on other financial planning areas
D) It will minimise the risk that policy exclusions will be imposed
4. Which document is used to illustrate the costs and charges related to investment in a mutual fund?
A) Terms of Business
B) Key Investor Information Document (KIID)
C) Prospectus
D) Key Features Document
5. A new client aged 32 is self-employed and married with three children, aged 8, 6 and 2. Which of the following protection products should normally be considered their highest priority?
A) Long-term care cover
B) Key person cover
C) Inheritance tax cover
D) Sickness cover
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: D |
By Mag
