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CSI CSC2 Exam Syllabus Topics:

TopicDetails
Topic 1
  • The Economy: This section of the exam measures the skills of an Economic Analyst and covers fundamental economic concepts including microeconomics and macroeconomics, economic growth measurement, business cycles, labor markets, interest rates, inflation, international trade, and both fiscal and monetary policy with emphasis on the Bank of Canada's role and government policy challenges.
Topic 2
  • The Canadian Investment Marketplace: This section of the exam measures the skills of a Securities Industry Professional and covers the structure and operation of Canada's investment marketplace. It includes the roles of investment dealers and financial intermediaries, capital market functions, financial instruments, and the complete Canadian regulatory environment with its regulatory bodies, principles of regulation, client remediation options, and ethical standards for financial services professionals.
Topic 3
  • Additional Topics: This section of the exam measures the skills of a Wealth Management Professional and covers Canadian taxation systems, tax-advantaged accounts, fee-based account structures, retail client financial planning and estate planning, institutional client management, and ethical standards for financial advisors serving both individual and institutional clients.
Topic 4
  • Analysis of Managed and Structured Products: This section of the exam measures the skills of an Investment Products Specialist and covers mutual funds, exchange-traded funds, alternative investments, structured products, and other managed products including their structures, regulations, features, risks, strategies, performance measurement, and tax implications within the Canadian investment landscape.
Topic 5
  • Portfolio Analysis: This section of the exam measures the skills of a Portfolio Manager and covers portfolio management approaches including risk and return measurement, portfolio optimization strategies, management styles, and the complete portfolio management process from objective setting to performance evaluation and rebalancing.
Topic 6
  • The Corporation: This section of the exam measures the skills of a Corporate Finance Analyst and covers corporate structures, financial statements, disclosure requirements, investor rights, financing methods, capital raising processes, prospectus requirements, securities distribution, and exchange listing procedures for corporations.
Topic 7
  • Investment Products: This section of the exam measures the skills of an Investment Products Analyst and covers fixed-income securities features, pricing, and trading; equity securities including common and preferred shares; derivatives including options, forwards, futures, rights and warrants; and the characteristics and uses of all these investment instruments in Canadian markets.

Reference: https://www.csi.ca/en/learning/courses/csc

CSI Canadian Securities Course Exam2 Sample Questions:

Anwar is placing a market order to purchase 100 shares of AJL when the bid/ask is $10.25. " $ 10.75. Before the trade is complete, the bid/ask moves to $10.207S1Q70. What is the share price that Anwar will pay on the purchase transaction?

  • A. $10.75
  • B. $10.70
  • C. $10.29
  • D. $10.20
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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For institutional trading, when does the investor need to provide trade-matching elements?

  • A. One the custodian confirms the trade.
  • B. Once the trade clears.
  • C. With the initial order.
  • D. After the dealer issues a trade execution notice.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).

Which carrying charge is tax deductible?

  • A. Fees paid for a safety deposit box.
  • B. Trustee fees for an RRIF.
  • C. Interest paid on an RRSP loan.
  • D. Interest paid on funds borrowed to buy dividend-paying shares.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Ella has invested her RRSP in a mutual fund where the distributions are automatically reinvested in the same fund. What will be the consequences of these distributions?

  • A. Ella will have more mutual fund units worth less each.
  • B. Ella's income from distributions will be taxed at her personal rate in the year received.
  • C. Ella will be sent a T5 form reporting the types of income distributed that year.
  • D. Ella will be sent a T3 form reporting the types of income distributed that year.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Maya invested $5,000 in a three-year ABC market-linked GIC for her non-registered account. Her GIC just matured and the return was based on the performance of the S & P/TSX Composite Index, with a 70% participation rate. Initial and ending reference index levels were 13,600 and 19,000, respectively. What amount of GIC return will be taxable for Maya in the year of maturity?

  • A. $694.75.
  • B. $992.50.
  • C. $1,985.00.
  • D. $1,389.71.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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