Capital Markets Authority (Rwanda) Certification Licensing Programme

As part of a drive to enhance the positioning of Rwanda as a premier investment destination, the Financial Sector Deepening Africa (FSD Africa) and the Capital Markets Authority (CMA) of Rwanda has launched international certification standards for practitioners in the capital market sector.

What is the Capital Markets Authority (Rwanda) Certification Licensing Programme?

The introduction of a certification programme in Rwanda will ensure that practitioners in the capital markets profession have the requisite skills, operate with high standards and apply best practice.

 Rwanda certification FAQs - coming soon

Key staff in capital market intermediaries need to adopt international certification standards to support the introduction of more diversified products in the market as well as to ensure that engagement with investors is consistent, ethical and transparent. This is aimed at creating a highly skilled talent pool aligned with the Capital Markets Masterplan - the ten-year blue print for the Rwandan capital markets sector - and the ambition of the country to become a regional and International Financial Centre.

Is the Capital Markets Programme right for me?

The Capital Markets Programme is suitable for practitioners advising and/or dealing in securities and/or derivatives in the wholesale sector. The qualification is increasingly used as a benchmarking tool by major banks and investment firms to ensure that staff possess practical knowledge which can be immediately applied to business activities.

Key features:

  • Certification standard for capital market practitioners - The qualification serves as an international certification standard certified by the CMA of Rwanda for practitioners in the capital markets profession.
  • Africa focused study material – understanding of rules and regulations that apply in the african capital markets.
  • Progressive study pathway – Rwanda Capital Markets Programme is the first step in the CISI’s capital markets qualifications study pathway and offers access to higher-level qualifications.
  • Free CISI Student membership – become associated with a chartered professional body and take advantage of an extensive range of benefits

  Qualification factsheet - Rwanda Progamme

Qualification Structure

Costs

An exclusive 50% discount will be offered to all students in support of the Capital Markets Master Plan and 2030 Vision for the Rwandan market. For information about our prices visit cisi.org/prices or contact cisi.africa@cisi.org.

Rwanda Capital Markets Programme

 

Exam Details

Exam Availability

Pass Mark / Pass Rate

The current pass rate for this exam is and the pass mark is . The exam grades are as follows:

Regulated Qualifications Framework

credits on the Regulated Qualifications Framework are awarded upon successfully passing this exam

Feedback and Appeals

For further details on how to give us your feedback and / or Appeal your result, please refer to our Exam Policies.

Study support

Please note, all our exams must be booked directly through the CISI or with one of our local training providers. Upon registration for the exam candidates will receive the most up-to-date learning manual and access to the e-learning and practice questions.

Find out more

Accredited Training Partners

You can choose to complete formal training for our exams with a CISI Accredited Training Partner (ATP).

Find an ATP near you

Ready to take your exam?

Rwanda: Exams can be taken at the test centre in Kigali: 

The University of Rwanda
Mburabuturo Kk 737, Street Gikondo,
P.O. Box 4285, Kigali,
Rwanda

Progressive Qualifications

Upon completion of Step 1 and Step 2 of the Rwanda Capital Markets Programme, you may like to complete our internationally recognised Capital Markets Programme, by choosing a technical module from Global Securities, Derivatives and Global Financial Derivatives.

More information

Membership

If you do choose to progress after your Rwanda Capital Markets Programme, and achieve the Capital Markets Programme qualification you are entitled to join the Institute at Associate level. As a member of the Institute, you will enjoy the recognition of being a professional in a world of increasing competition, and be able to use ACSI designatory letters. 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.

Further information

If you have any further questions, please contact us:

 Email: cisi.africa@cisi.org
 Telephone: +44 20 7645 0777