The Securities & Futures Institute(SFI) provides Certified International Investment Analysts (CIIA) exams, commissioned by the Association of Certified International Investment Analysts(ACIIA) and the Securities Analysts Association, Chinese Taipei(SAA CT). The tests are intended to strengthen the professional qualification of Taiwan's securities analysts and promote their practices to better match the international standards. The CIIA exams are offered internationally in March and September each year. The SFI has accommodated the association and holds two sessions at the same time in Taipei.
CIIA Final Exam
Qualifications
1. Taiwan is authorized to offer the final exam, not the foundation level (common knowledge exams) nor the naltional/region exam speicfic to the market.
2. Have passed the national-level qualification examination for Securities Investment Analyst.
3. Be a member of the Securities Analysts Association, Chinese Taipei.
4. Have three years experience working in the domain of financial analysis, portfolio management and/or investment in general. (Include the working experience obtained after passing the CIIA Final Exam within 5 years)
Exam Structure & Format
| Exam | Exam Subjects | Exam Format | Exam Time |
| Exam I |
1. Corporate Finance 2. Economics 3. Financial accounting and statement analysis 4. Equity valuation and analysis |
Full and mini-case study questions and in-depth essay | 3 hrs(180 minutes) |
| Exam II |
1. Fixed income valuation and analysis 2. Derivative’s valuation and analysis 3. Portfolio management |
3 hrs(180 minutes) |
※Applicants have five years to pass the final exam or retake it.