Canadian Investment Funds Course (CIFC)

   What is the Canadian Investment Funds Course?

By the end of the Canadian Investment Funds Course (CIFC), students will have a solid foundation of what they need to know to be mutual fund salespeople.  The successful completion of the Canadian Investment Funds Course Exam is a proficiency requirement by the provincial securities commissions for mutual fund licensing.

   Who should enrol in the Canadian Investment Funds Course?

According to the IFSE Institute, the following individuals should enrol:

Anyone wishing to become a mutual fund salesperson, or learn about mutual funds
Compliance professionals
Branch managers and administrators
Partners, Directors and Officers
Advisors and assistants
Operations and back office staff
Investment professionals looking to provide advice on mutual funds

           Which organization provides the course?        

IFSE Institute provides the Canadian Investment Funds Course (CIFC) through online learning. 
IFSE Institute
Address: Sussex Centre – East Tower, 50 Burnhamthorpe Road West, Suite 601, Mississauga, ON L5B 3C2
Toll Free: 1-888-865-2437
Fax: 905-803-0944
Email: [email protected]

            What do I need to do after completing the examinations?         

Once you have successfully completed the required examinations you are still required to apply and be registered with the Mutual Fund Dealers Association (MFDA) or Investment Industry Regulatory Organisation of Canada (IIROC).

   What is the difference between the CSC, CIFC and IFC?

The Canadian Securities Course (CSC) offered by CSI Global Education prepares you to sell mutual funds, stocks and bonds; whereas the Canadian Investment Funds Course (CIFC) offered by the IFSE Institute and the Investment Funds in Canada (IFC) offered by CSI Global Education prepare you to sell mutual funds only.

   What is the difference between the CIFC and IFC?

The Canadian Investment Funds Course (CIFC) and Investment Funds in Canada (IFC) course are both mutual fund courses that for the most part cover the same concepts.  Which course you select is more of a personal choice and your potential professional designation pursuits.  For instance, the IFC is one of the courses that can count towards a Personal Financial Planner (PFP) designation. 

   Is there financial aid available?

Since the Canadian Investment Funds Course (CIFC) course is a professional or industry program, financial aid is often not available.  However, certain employers subsidize in part or in full the cost of licensing for their employees.

   What are some other useful resources/links for this course?

IFSE Institute - Canadian Investment Funds Course (CIFC)