Examination Structure:
 
  CIIA® Examinations Structure and Duration

The Final examination consists of 2 papers covering a total of seven topic areas, as seen in the table below. 3 hours are allowed for the completion of each examination paper.

Final Level (Total examination hours: 6)
Exam 1 3 hrs
(180 minutes)
  • Corporate finance
  • Economics
  • Financial accounting and tatement analysis
  • Equity valuation and analysis
Exam 2 3 hrs
(180 minutes)
  • Fixed income valuation and analysis
  • Derivative valuation and analysis
  • Portfolio management

 

Final Exam Break down (%)
Exam 1 Corporate finance 10%
Economics 10%
Financial accounting and statement analysis 15%
Equity valuation and analysis 15%
Subtotal 50%
Exam 2 Fixed income valuation and analysis 15%
Derivative valuation and analysis 15%
Portfolio management 20%
Subtotal 50%
Total 100%