List of securities examinations

Africa

• The Securities Industry Training Institute East Africa was conceptualized in 2008 to standardize and administer market education for the East African region. It is a joint effort involving the region's Central Depository & Settlement Corporation Ltd and the following exchanges:
• *Uganda Securities Exchange Ltd
• *Kenya's Nairobi Securities Exchange Ltd
• *Tanzania's Dar-es-Salaam Stock Exchange Ltd
• *the Rwanda Stock Exchange.
• Ethiopia Institute of Financial Studies training program
• Ghana Stock Exchange Securities Courses
• Namibia Stock Exchange semi-annual Stock-brokering Exams
• Nigerian Stock Exchange offers a few certificate programs including:
• *Module 1: The role and responsibilities of compliance officers in the capital market
• *Module 2: Compliance risk-based monitoring programmes
• *Module 3: Conduct of business obligations of a broker dealer firm
• *Module 4: Anti–money laundering and terrorist financing
• *Module 5: Capital market operations
• South Africa:
• *The South African Institute of Financial Markets offers the specific technical exams required with regard to the "Regulated Positions" of trader, compliance officer, and settlement officer, at the JSE Stock Exchange, JSE Debt Market, South African Futures Exchange, AltX, and STRATE.
• *SAIFM also offers the "Registered Persons" examinations, required for licensing as financial market "practitioners" on the various exchanges, selecting up to 8 according to the requirements of the exchange for the specific function; the typical roles here are investment advisor and fund manager, as well as those executing transactions.
• *The South African Institute of Stockbrokers administers the six exams required to become a qualified stockbroker, so as to manage a member firm of the JSE; other requirements are 3 years' work experience, and specified education.

Asia Pacific (ASEAN Plus Three)

Indonesia

• Indonesia Stock Exchange Educational Programs
• *IDX Basic Education Program
• *IDX Intermediate Education Program
• *IDX Advance Education Program
• The Indonesia Capital Market Institute / The Committee For Capital Market Professional Standards
• *Wakil Perantara Pedagang Efek / Broker Dealer Representative
• *Wakil Manajer Investasi / Investment Manager Representative
• *Wakil Penjamin Emisi Efek / Underwriter Representative
• *Ahli Syariah Pasar Modal / Shariah Capital Market Professional

Singapore

• Singapore College of Insurance

Malaysia

• Module 6: Stock Market and Securities Law
• Module 7: Financial Statement Analysis and Asset Valuation
• Module 9: Funds Management Regulation
• Module 10: Asset and Funds Management
• Module 11: Fundamentals of Compliance
• Module 12: Investment Management and Corporate Finance
• Module 14: Futures and Options
• Module 16: Rules and Regulations of Futures and Options
• Module 17: Securities and Derivatives Trading
• Module 18: Securities and Derivatives Trading
• Module 19: Advisory Services
• Module 19A: Advisory Services - Part A
• Module 19B: Advisory Services - Part B

China

• ATA

• China Futures Association
• *Futures Practitioner Exam
• *Futures Analyst Exam

Hong Kong, S.A.R.

• The Hong Kong Securities and Investment Institute
• Joint Programs with HKSI
• *Hong Kong Exchanges and Clearing Limited
• *The Chartered Institute for Securities & Investment
• *The Hong Kong Polytechnic University
• *The City University of Hong Kong

India

• National Institute of Securities Markets
• National Stock Exchange of India NCMP Certified Market Professional
• Bombay Stock Exchange Training & Certification

Japan

• Core Knowledge Inc
• Japanese Securities Dealers Association
• FINRA Series 47

Philippines

• Securities Representative Certification Exam
• Associated Persons Certification Exam
• The Investment Company Representative Certification Program

Thailand

• Securities Analysts Association

Cambodia

Global

• ACI The Financial Markets Association, f.k.a. Association Cambiste Internationale, offers a full 'suite of examinations' including Dealing & Operations certificates, among others
• CFA Institute
• Certified Futures and Options Analyst, an examination focused on derivatives offered by the ICFDT.
• Securities & Investment Institute for Islamic/Syariah Finance
• Thomson Reuters

The Middle East

• The Israel Securities Authority requires six exams and an internship to become a portfolio manager. Exams:
• *Securities Law and Ethics
• *Accounting
• *Statistics and Finance
• *Economics
• *Securities and Financial Instrument Analysis
• *Portfolio management
• Capital Market Authority (Saudi Arabia)
• *General Securities Qualification Examination
• *Compliance & Anti–money laundering/CTF
• *Broker-Dealer Qualification Certificate
• Various courses for The U.A.E., Kuwait, Bahrain, Saudi Arabia

North America

Canada

• Canadian Securities Institute – variety of exams for certification.
• – variety of exams for certification.

United States

Registered representative level