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Finance, Risk and Investment Diploma (CISI) at Kemnal Technology College

Course description

The Diploma for Finance, Risk and Investment (Dip.FRI) is an A-Level equivalent qualification offered by the CISI, the largest professional body for the securities and investment industry in the UK.

Course content

Year 12 Certificate for Introduction to Securities and Investment (Cert.ISI)

  • Unit 1: Introduction to Securities and Investment
  • Unit 2: Extended Project

Unit 1 (40% of the Cert.ISI): Known informally as “The Knowledge”, this unit gives students a thorough foundation in the financial services industry and the main wholesale financial products. It also covers some elements of economics and retail financial products. It is tested by a 50-question, one-hour computer-based Multiple Choice Question examination (pass mark 50%).

Unit 2 (60% of the Cert.ISI): The Extended Project is an opportunity for students to plan, research and write a 4,000-word report on a title chosen from a list of 10 provided by the CISI. This coursework is completed over seven months, and tests the students’ ability to work independently. The titles change each year; in the past, popular choices of title have included: “I don’t need a pension my house will fund my retirement. Discuss”; “Could certain types of investing be viewed as gambling?”; “Financial Services discriminate unfairly in favour of those with internet access. Discuss”.

Year 13 Certificate for Finance, Risk and DecisionMaking (Cert.FRD)

  • Unit 3: Investment, Decision-Making, Accounting and Governance
  • Unit 4: Money, Economics and Uncertainty

Unit 3 includes basic accounting techniques, with the students learning how to construct a balance sheet, income statement and cash-flow statement. They also learn the different ways of calculating returns on investment and how to value securities. Derivatives, asset-backed securities and the ethical issues of financial engineering are also covered, culminating with an in-depth look at ethics and governance.

Unit 4 explores the nature of money within the context of a national economy. Students learn how governments seek to achieve their macro-economic objectives and come to understand how international economic developments influence countries. Students also learn how to analyse and interpret data, including charts, and how to measure risk and uncertainty. Each unit is assessed by a 1¾- hour written exam.

Entry requirements

Grade B in Maths GCSE.

Future opportunities

The CISI schools Finance qualifications have been designed to provide a pathway to the full range of professional qualifications required for careers in banking, stock-broking, financial planning, compliance, accountancy and investment management. The CISI schools Finance qualifications attract UCAS points equivalent to A Levels, and provide an excellent foundation for Social Sciences-based courses in higher education.

How to apply

If you want to apply for this course, you will need to contact Kemnal Technology College directly.

Last updated date: 27 October 2016
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Key information

  • Start date: Next September
  • Duration: 2 Years