Certified Investment Research Analyst (CIRA®)

The Certified Investment Research Analyst (CIRA®) certification is a comprehensive global certification exam designed to assess a candidate’s expert level understanding of investment research skills. This program tests a candidate on his capability to develop a disciplined and systematic approach to designing reports that assess the investment merits of first-time and existing issuers, provide ongoing assessments of trends in a given industry and identify investment opportunities in the secondary markets.

Investment Analysis is the study of how an investment is likely to perform and how suitable it is for a given investor. Investment analysis is key to any sound portfolio-management strategy. Most analysts, the aspiring and the experienced, agree to the fact that investing is about facts, models, mathematics, and analysis. CIRA® certification exam integrates a complex body of investment knowledge holistically covering these skills.

The evolution of capital markets the world over along with other investment classes, have created a need for investment research analysts with a new level of sophistication and a deep understanding of markets, economics, consumers & technology. The CIRA® certification is a credential designed specifically for financial professionals who want to attain an advanced level of competency as an investment analyst. who possess strong accounting, finance, quantitative and business writing skills. deep curiosity in business and industry, well-honed financial analytical ability, and exceptional written and oral communications skills.

Reference Book/Study Material

The Suggested/Recommended reference book for this course is “Investment Analysis and Portfolio Management (English, Paperback, Prasanna Chandra, 5th edition, ISBN 9789385965579)” is available on leading bookstores and online portals. Students can buy the recommended reference book directly from the Market for the said course.

Exam Details

Equalifi is offering the CIRA examination on an external, remote-proctored platform. Candidates can schedule an exam by paying the exam fee. Once the exam fee payment is done and exam registration is confirmed, the exam platform sends out the exam link by email to the candidates. Candidates can appear for the exam anytime any day within the next 1 year through this exam link from any place. Candidates need a good internet connection and a functional camera on their PC/ Laptop to appear for this exam.

EXAM STRUCTURE

Sr. No. Name of Module Type of Questions Test Duration No. of Questions Maximum Marks Pass Marks (%) Negative Marking
1

Certified Investment Research Analyst (CIRA®)

MCQ 2 Hrs 100 100 50 20%

Candidate Audit:

Equalifi will randomly audit a percentage of applications on a regular basis. Candidates will be responsible for providing the requested supporting documentation to verify their education and professional background as mentioned in the registration form. Equalifi’s practice is not to contact employers or educational institutions to obtain verification documentation on the candidate’s behalf. Failure to comply with the audit, falsification or misrepresentation of requested information and/or any unprofessional conduct will result in denial/cancellation of the exam registration and/or revocation of the program certificate. Candidates subject to audit will be notified by e-mail and will have 10 business days to respond. Once selected for audit, candidates will be required to satisfy the audit requirements before being able to receive the final certificate. Failure to comply with the audit will result in forfeiting all fees. Additionally, a candidate who does not comply with the audit will be subject to audit if reapplying for a future testing window.

Fee Details:

Exam Fee: INR 3,540
*Fee mentioned is inclusive of GST. Exam fee is applicable for each attempt.

Exam Preparatory Material

You can access the course tutorial recordings and study material on the Equalifi Membership Portal. Set up your free Equalifi Virtual Membership account here

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