CISI Diploma in Finance, Risk and Investment

CISI Diploma in Finance, Risk and Investment

What is the Diploma in Finance, Risk and Investment?

The Chartered Institute for Securities & Investment (CISI) is the principal provider of qualifications for financial services practitioners.

The Institute is a registered charity and one of the key initiatives is to promote financial services as a career to young people. The Diploma in Finance, Risk and Investment (DipFRI) has been specifically designed to be taught in schools and colleges, to develop students’ financial awareness and boost their CVs with an industry recognised award.

The qualification comprises of 4 Units:

  • Year 12
    • Money, Economies & Uncertainty
    • Investment Decision Making, Accounting & Governance
  • Year 13
    • Financial Products, Markets and Services
    • Extended Project

The qualifications is recognised within the industry and will give students a distinct competitive advantage when looking for a job in financial services.

Benefits for students

  • Enhanced CVs by gaining an industry recognised award
  • Competitive advantage when looking for a job in the financial services industry
  • Opportunities to complete a work placement as part of the course
  • Free CISI Student membership
  • Potential to progress onto higher CISI qualifications

Money, Economies & Uncertainty

Explores the characteristics and functions of money and students will acquire a practical grasp of macro-economics. They will be required to combine, re-arrange and interpret economic and financial data and evaluate risk and uncertainty in decision-making. This unit is assessed by a 1 hour 45 minute written exam which includes an unseen case study and essay questions covering the syllabus.

Investment Decision Making, Accounting & Governance

Equips students with the means to apply their knowledge at the micro level, in a business context. Students will learn to assess and compare different sets of accounts and to appraise investment proposals. This unit is assessed by a 1 hour 45 minute written exam which includes an unseen set of accounts and essay questions covering the syllabus.

Financial Products, Markets and Services

The unit will focus on:

  • Financial services industry
  • Economic environment
  • Financial assets and markets
  • Equities
  • Bonds
  • Derivatives
  • Investment funds
  • Financial services regulation
  • Taxation, investment wrappers and trusts
  • Other retail financial products

Assessment

  • 50 multiple choice questions delivered by Computer Based Testing
  • One-hour examination
  • 50 marks

Extended Project

Requires students to produce a 3,000-4,000 word report plus a 500 word evaluation. The report will be based on topic titles provided by the CISI. This unit provides students with the opportunity to demonstrate a range of competencies in collecting, analysing, managing and evaluating information.

Employer Outreach Programme

The CISI offers an exclusive work experience programme for students studying the CISI qualification. The Programme incorporates a number of insight days. Where students discover more about the financial services industry from practitioners and learn professional valuable skills.

At the end of the academic year the programme culminates with a limited number of highly sought after work experience placements with financial service employers. In 2016 prestigious firms including Rathbones, Mercer and Legal & General offered exclusive placements for CISI students.