Certificate for Financial Advisors

NOTICE

REGISTRATION IS NOW OPEN FOR THE APRIL 2019 EXAMINATION SITTING:

Cert. FA Examination results for the September 2018 Examination is available and accessible via the Students’ log in page and credentials

APRIL 2019 EXAMINATION DATE:
Saturday, April 13th, 2019

 

 

The Professional Certificate for Financial Advisors (Cert.FA) is a self-study certificate programme. It equips finance professionals with the skills required to provide sound financial advice to clients on the products and services that can help them achieve their financial goals. The programme is accredited by the Accreditation Council of Trinidad and Tobago.

The Cert.FA Programme consists of three specializations: Banking, Mutual Funds and Securities. Each specialization consists of three levels, with Level 1 being the foundation for all specializations.

The specializations are as follows:

Banking Specialization

Level One – Introduction to Financial Services and Products

  • Financial Planning
  • Economic Environment
  • The Regulatory Context for Financial Service Sales
  • Banking Services of Financial Institutions
  • Time Value of Money
  • Taxation

Level Two – Financial Products

  • Insurance
  • Mortgages
  • Consumer Credit
  • Financial Products & Markets
  • Retirement

Level Three – Case Book: Client Assessment and Advice

 

Mutual Funds Specialization

Level One – Introduction to Financial Services and Products

  • Financial Planning
  • Economic Environment
  • The Regulatory Context for Financial Service Sales
  • Banking Services of Financial Institutions
  • Time Value of Money
  • Taxation

Level Two – Financial Products

  • Mutual Funds – An Introduction
  • Types of Mutual Funds
  • Mutual Funds Risks
  • The Mutual Fund Organization
  • Fees and Expenses
  • Fund Pricing
  • Returns and Performance
  • Marketing of Mutual Funds
  • Mutual Fund Customers
  • Financial Products and Markets
  • Retirement

Level Three – Case Book: Client Assessment and Advice

 

Securities Dealers Specialization

Level One – Introduction to Financial Services and Products

  • Financial Planning
  • Economic Environment
  • The Regulatory Context for Financial Service Sales
  • Banking Services of Financial Institutions
  • Time Value of Money
  • Taxation

Level Two – Financial Products

  • Introduction to Capital Markets
  • Types of Securities
  • New Issues
  • Primary and Secondary Markets
  • Special Regulatory Requirements
  • Accounting Analysis
  • Financial Statement Analysis
  • Fixed Income Securities Analysis
  • Fundamental and Technical Analysis
  • Investment Management
  • Financial Products and Markets
  • Retirement

Level Three – Case Book: Client Assessment and Advice

All Cert.FA students will also be required to sit an exam on Finance Ethics as part of the programme. Students will not be allowed to graduate unless they have completed this exam. 

 

Entry Requirements

To register for the Cert.FA Programme, candidates must meet the following requirements:

  •  A minimum of two CAPE/GCE Advanced Level passes and five CXC/GCE Ordinary Level passes, including English Language, Mathematics or a Mathematics-related subject. CXC Grade III accepted from 1998. OR
  • An appropriate mix of work experience and training in the financial services sector. Candidates may be considered on the basis of their work experience, training and educational background, as deemed relevant by the Institute to be equivalent to the above for the purpose of study.
  • Candidates must become members the Institute and maintain an up-to-date membership subscription throughout course of study.

PAYMENT METHOD

  • Personal / Manager’s Cheque
  • Linx
  • Credit Card 

* Cash is not accepted

 

 

Academic Guidance 

The Cert.FA Programme was developed for self-study and as such, taught classes are not offered by the IBF. However, if you are interested in accessing taught classes for the programme, please contact our office to find out more about our recommended tuition providers.

 

Registration

To register for the Cert.FA Programme, please download, print and complete each of the following forms and return them to our office along with complete payments of the registration, annual membership subscription and programme fees. The Cert.FA Prospectus and the Cert.FA Student Handbook are also available for download and give students more detailed information on the programme. The Membership Application Form can be found in the Membership section of this website. Payments can be made by debit card/credit card or certified cheque. Personal cheques are not accepted by the IBF. 

 

Examinations

Examinations are held twice per year in the months of April and September.