Chartered Institute of Stockbrokers is the only professional body in Nigeria authorized to carry out qualifying examinations into stock broking profession and control the activities of the members and matters associated with it.

The Chartered Institute of Stockbrokers CIS major is to support and defend the interests of the securities and investment profession by maintaining the highest principles of service and integrity. The last syllabus of the organization was reviewed in With the revised syllabus, CIS is dedicated to developing 1st class professional leaders who will keep on making their marks in the securities and investment industry in particular and in the Nigerian economy as a whole.

There are five categories of CIS membership.

They are Student, Graduate, Associate, Honorary Fellow and Fellow. Student membership is the entry level position for candidates who desire to be stockbrokers and are looking for CIS qualifications. Student membership bestows on the candidate eligibility to sit the CIS exam.

Student members are not allowed to hold office or vote in the Council election. Graduates membership are for people who have successfully completed CIS examinations or equivalent but have not fulfilled the conditions needed for admission as associates into the full membership grade of the association.

While Graduates may partake in a number of activities of the Institute, they cannot hold office or vote in the Council election. Graduates are not entitled to use any designatory letter. Associates are the first level of full members who are certified to use the designatory letter of ACS which stands for Associate of the Chartered Institute of Stockbrokers. Associate membership is granted to persons who have finished CIS examinations or equivalent and have not less than three years appropriate experience in the financial services industry, one of which ought to be after finishing the examinations.

This status is granted to people who, in the judgment of the Council of the Institute, have been illustrious themselves and made huge contributions to the profession of the securities and investment industry.

Chartered Institute of Stockbrokers, Ibadan, Oyo, Nigeria

Fellowship status is the top most category of membership of the institute. Associates members of not less than five years standing may be chosen as Fellows, in addition to other requirements for Fellowship determined occasionally by the Council. CIS examinations are planned as part of licensing requirements to offer a pathway for career progression within the Finance and Securities industry.

This practical, market focused programme embraces a series of examinations crosswise dissimilar synchronized activities. To assist practitioners to fulfill their lifetime education goals and licensing requirements, CIS examinations are intended to present students with a top degree of flexibility, permitting them to follow the programme at their own speed and by their chosen mode of study. The examination is composed of four examination papers in every level.

Every one of the examinations will last for 3 hours. This examination will embrace all the fundamental concepts that the students ought to track study of courses like Securities and Investment Analysis, Asset Valuation and Portfolio Management. In this examination, a key segment of the inputs necessary to create a good portfolio manager are covered.

Chartered Institute of Stockbrokers, Lagos Island, Lagos, Nigeria

Examination four embraces the national securities laws, regulations and ethics and professional standards. It comprises three courses —. All the examination papers will be a three-hour paper and additional time alienated into three sections:. One obligatory question of multiple choices drawn from all the subjects that makes up the paper. Compulsory small answer questions taken from the whole subjects making up the paper. Ten minutes is given to the candidates at the beginning of every examination paper to go through the questions.

They are strongly advised to make use of the time for reading alone although they can make notes. Each one of the examination papers ought to be a three-hour paper and additional time separated into three sections:. CIS carries out its major business like any other organization in Nigeria with working hours from 8: The Institute observes Saturdays, Sundays and public holidays as days of rest.

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Chartered Institute of Stockbrokers - CIS | Toscany Academy

Chartered Institute of Stockbrokers — CIS ToscanyAcademy Jun 20th, 0 Comment. The Chartered Institute of Stockbrokers CIS. Chartered Institute of Stockbrokers , Chartered Institute of Stockbrokers - CIS , CIS.

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