CIFA New Syllabus 2021

Certified Investment and Financial Analysts (CIFA) New Syllabus

Foundation Level

Paper No. 1 Financial Accounting
Paper No. 2 Professional Ethics and Governance
Paper No. 3 Regulation of Financial Markets
Paper No. 4 Economics
Paper No. 5 Quantitative Analysis
Paper No. 6 Introduction to Finance and Investments

Intermediate Level

Paper No. 7 Portfolio Management
Paper No. 8 Financial Statements Analysis
Paper No. 9 Equity Investments Analysis
Paper No. 10 Corporate Finance
Paper No 11 Public Finance and Taxation

Advanced Level

Paper No. 12 Leadership and Management
Paper No. 13 Fixed Income Investments Analysis
Paper No. 14 Alternative Investments Analysis
Paper No. 15 Advanced Portfolio Management
Paper No. 16 Derivatives Analysis
Paper No. 17 Financial Modelling and Data Analytics (to be administered after the August 2022 sitting)

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11 thoughts on “CIFA New Syllabus 2021”

  1. Am a bachelor degree graduate Bcom finance option. Would like to register for CIFA. Will I be required to register for all the papers in all levels?

  2. Am a bachelor degree graduate Bcom finance option. Would like to register for CIFA. Will I be required to register for all the papers in all levels?

    1. I am final year student pursuing economics and finance waiting for graduation(done with all my classes) and would like to register for CIFA. How do I know what units I can have exempted according to the new syllabus?

  3. Hello,
    I’d have completed CPA 1 (section 1 and 2) but would like to change to CIFA.What can I do?

  4. Am Brenda kwoba i did bachelors degree in ENTREPRENEURSHIP is it necessary i take all the units for CIFA

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