Diploma in Investment Operations

The Diploma in Investment Operations is widely acknowledged as the most appropriate qualification for staff wishing to pursue a career in investment operations. It offers individuals the opportunity to specialise in the administration of investment funds and custody and settlement and gain a broad understanding of the wider financial environment. It will enable staff to demonstrate their knowledge and skills and pursue a senior management role within investment operations.

The Diploma is a valuable qualification for any individual wishing to pursue a career in investment operations and in particular those employed at a supervisory level aspiring to a senior management role. It is suitable for those working in both wholesale and retail firms.


Key features of the Diploma in Investment Operations
  • Specialist qualification for operations professionals in financial services firms
  • Offers candidates the knowledge and skills to pursue a senior operations role
  • Provides comprehensive coverage of investment funds, custody and settlement and the wider financial environment
  • Successful candidates are eligible for MCSI membership of the Institute and access to the CISI Operations Forum
  • Earn CPD hours upon successful completion of the qualification


Qualification Structure

Please note, the Diploma in Investment Operations structure is changing.

Currently, the award is achieved by passing:

Either one of the:

 Advanced Certificate in Global Securities Operations
 Advanced Certificate in Operational Risk
The Advanced Certificate in Operational Risk will be retired following the winter narrative exam session on 2 December 2015.  Candidates who pass Level 3 Operational Risk and Advanced Operational Risk by December 2015 will be able to take Global Operations Management at a later date and gain the Level 6 Diploma in Investment Operations.
 Global Operations Management Unit
Syllabus Summary:
  • Instruments and Characteristics
  • Trading
  • Settlement and Clearance
  • Regulation and Compliance
  • Risks & Controls
  • Asset Servicing & Custody


From 3 December 2015 the structure for the qualification will be:

 Global Operations Management Unit
Syllabus Summary:
  • Instruments and Characteristics
  • Trading
  • Settlement and Clearance
  • Regulation and Compliance
  • Risks & Controls
  • Asset Servicing & Custody
Study Options

Self-study using the CISI's learning manual and elearning.

Please note: The CISI's mandatory learning manual policy requires, where available, the most up to date CISI learning manual to be purchased when booking an exam, including by an ATP on your behalf. This applies to all candidates sitting CISI exams in the UK (includes Northern Ireland, Guernsey, Jersey and Isle of Man). Candidates sitting CISI exams outside of the UK will receive the most up-to-date workbook in PDF format for that subject and is included in the international exam price.

Accredited Training Providers
The CISI accredits a wide range of training providers to deliver formal training for our exams and you can register directly with the provider of your choice.

Find an Accredited Training Provider (ATP) near you

Sample Papers
Sample exam questions are available for:


Register and Book

Register with the CISI
New candidates intending to take CISI qualifications need to first register with the CISI. Upon registering, you will receive a candidate number, password and access to the CISI's online systems.


Book your exams
Candidates can book:

Register for your qualification
After booking your exams you need to register for your qualification. Please be sure you have read and understood the exam regulations and policies.

The latest prices for exams are listed on the online price list.

Post Qualification Opportunities

Membership 
After completing the Diploma in Investment Operations qualification you can join the Institute at MCSI level. As a Member of the Institute, you will enjoy the recognition of being a professional in a world of increasing competition. The extensive continuing professional development (CPD) opportunities available through the CISI’s suite of membership benefits ensures financial services practitioners can maintain competence and meet the requirements of firms and the regulator.