how to pass the canadian securities course

by Maddison Klocko 7 min read

Passing the CSC requires writing two exams (part 1 and part 2) that must be completed within 365 days of registering for the course. It’s recommended that students allocate 150 to 200 hours of studying for the Canadian Securities Course.

Part of a video titled How to Pass the Canadian Securities Course® (CSC®) Exam
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Full Answer

What is the Canadian Securities Course?

The Canadian Securities Course (CSC) is the licensing course required to be an investment advisor in the Canadian securities industry, which applies to some corporate finance careers. Passing the CSC requires writing two exams (part 1 and part 2) that must be completed within 365 days of registering - study with CFI

How do the exams of the Canadian Securities exam change over time?

The underlying concepts behind the exams (how fixed income, equities, and derivatives work, Canadian economics, regulatory rules, investment products such as mutual funds, ETFs, segregated funds, hedge funds, etc., corporate financial statement and financial ratios, etc.), generally evolve over time.

How long does it take to pass the CSC exam?

Learn which job is right for you: salary, personality, skills, certifications etc.. Passing the CSC requires writing two exams (part 1 and part 2) that must be completed within 365 days of registering for the course. It’s recommended that students allocate 150 to 200 hours of studying for the Canadian Securities Course.

How can I book The CSC exam without buying the material?

You are best advised to register in the CSC and get the appropriate study tools to help you pass the exams. The exams are challenging and you’ll find that the answer choices tend to be close. You’ll need to know the material to pass. How can I book the CSC (Canadian Securities Course) exam without buying the whole course material? You can’t.

What is the pass rate for the Canadian Securities course?

60 per centThe securities exams have a pass rate of 60 per cent, but those keen to take the course are not in for easy reading. “It is a bit of a slog,” Efron said. “It's a lot of material.

What is the best way to study for CSC?

22:2824:09How to Pass the Canadian Securities Course (CSC) Exam - YouTubeYouTubeStart of suggested clipEnd of suggested clipSo give yourself plenty of time to study. Study more than you think you should. You'll never regretMoreSo give yourself plenty of time to study. Study more than you think you should. You'll never regret studying more you'll always regret not studying enough so make sure to keep that in mind.

How long should I study for CSC?

Passing the CSC requires writing two exams (part 1 and part 2) that must be completed within 365 days of registering for the course. It's recommended that students allocate 150 to 200 hours of studying for the Canadian Securities Course.

What happens if I fail CSC exam?

However, if you're enrolled in one of these courses and have attempted and failed an exam three times during your course enrolment, your enrolment will be terminated and you will need to re-enrol in the same course. You are eligible to re-enrol in the course six months from your last exam attempt.

Is the CSC test hard?

it's not hard, I did both within 5 months period while working fulltime, but i was studying about 8 hours a week. Thanks for your advise. I will postpone it only if I fail one exam, since I won't have the choice.

Is the CSC exam open book?

All exams are in closed book format with the exception of: 523/533 – Taxation of Estates and Trust. 534 – Taxation in a Global Economy.

Is CSC exam worth it in Canada?

Benefits of the Canadian Securities Course Not only will the Canadian Securities Course prepare you to write the CSC exams and give you the skills and information to be able to work with various financial investment tools, but you'll also enhance your investment knowledge and analytical skills.

How fast can you complete CSC?

On the CSI website, you'll see that it estimates that it will take you between 135-200 hours of study time depending on your background and level of comprehension. That is definitely accurate.

Does CSC Certificate expire?

The CSC provides two types of Certification of Eligibility (COE)—the COE printed on CSC letterhead and a regular COE printed on a security paper. The COE printed on CSC letterhead is issued free of charge with a two-year validity.

How many times can you retake CSC?

+ How many times can I attempt an exam? For most CSI courses, you may attempt an exam a maximum of three times during your course enrolment period, including any extensions you may have purchased.

How many attempts are there in CSC exam?

Candidate will have 60 days to complete the course and appear for examination. He/she will be given two attempts to pass the Tally exam. Once he/she failed in first attempt, candidate can again appear for examination after 15 days from the first attempt.

Is calculator allowed in CSC exam?

Use of any aid in answering the test questions (i.e. calculators; books, dictionaries and any other forms of printed materials; watch calculators; cellular phones, tablets and any other gadgets; and all other similar materials/items) is strictly PROHIBITED.

How Long It Took Me to Pass the Canadian Securities Course

From cracking open Volume 1 of the CSC coursebook to passing the Volume 2 exam, it took me 3 months to complete. Would I suggest this as a reasonable timeframe for doing the Canadian Securities Course? Absolutely not! My heart starts to race just thinking of the stress and pressure I put on myself to do it so quickly.

What Sections You Should Focus On When Studying the CSC

The course gives you the break down of the exams, and they are pretty on-point for what you should focus on.

What the Exam Is Like During Covid

I never thought I would take an in-person exam during a pandemic, but now I can say I’ve done two! I thought it was weird that the Canadian Securities Institute didn’t offer the CSC exams online using a virtual proctor.

Why You May Want to Take the Canadian Securities Course

I want to end this post off with explaining why you may want to take the Canadian Securities Course. Initially, my goal was simply to pass the CSC and move on with my life. And somehow only a few days after passing, I enrolled in yet another course with the intention of now completing the CFP exam in a few years.

Final Thoughts

One thing I found helpful was going on forums like Reddit to see what other people’s experiences were like. Well, sometimes I found people’s responses helpful. What I didn’t find helpful was anyone saying that the exam was easy or it’s a beginner course.

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What Career Paths Require The Canadian Securities Course (CSC)?

Finance and Accounting Courses

  • If you are planning to take the Canadian Securities Course it may be a good idea to brush up on several topics with free CFI courses. Courses that would be relevant include: 1. Accounting 2. Financial Math 3. Fixed Income Topics NOT COVERED in the CSCbut that are very relevant to careers in corporate finance include: 1. Financial Modeling 2. Advanc...
See more on corporatefinanceinstitute.com

Additional Resources

  • Thank you for reading this guide to the Canadian Securities Course and learning about its curriculum, reasons to take it, and why it’s required for licensing. To keep learning and advancing your career in corporate finance, CFI highly recommends these additional resources: 1. Financial analyst guide 2. Analysis of financial statements 3. Valuation methods 4. Financial modeling be…
See more on corporatefinanceinstitute.com