CISI Archive

SII and ACCA partnership

1) What is the Securities & Investment Institute?
2) Why has the Securities & Investment Institute partnered with ACCA?
3) SII qualifications and what they mean for you
4) Registering for a SII qualification
5) Membership of the Securities & Investment Institute
6) What does membership of the Securities & Investment Institute offer you?
7) Membership subscription fees
8) Membership application forms
9) Contacting us about membership of the SII
10) Contacting us with general enquiries

1. What is the Securities & Investment Institute?

The Securities & Investment Institute is the largest and most widely respected professional body for those who work in the securities and investment industry in the UK. Formed as the “Securities Institute” in 1992 by the members of the London Stock Exchange the Institute changed its name in November 2004.

Today the Institute is the leading and progressive examining, training and membership body for the securities and investment industry. There are over 40,000 members who benefit from our programme of professional and social events. As the main examining body for the industry, the Institute provides a range of relevant vocational qualifications attracting over 50,000 candidates a year. In addition, the Institute produces publications and workbooks, runs a number of widely respected and well-attended conferences and seminars. To find out more about the Securities & Investment Institute, please see the about us page.

2. Why has the Securities & Investment Institute partnered with ACCA?

This partnership has been developed so that ACCA members who work in, or have an interest, in the securities and investment industry will now be given clear guidelines on the SII qualifications and exams available to them in order to assist career progression within the securities and investment industry.

This new initiative, known as ACCA Career Pathways, is being launched by ACCA to help their members enter this industry, progress in their careers and demonstrate their continuing professional development through appropriate SII industry related qualifications.

3. SII qualifications and what they mean for you

As part of this partnership, ACCA has approved and accredited a number of SII qualifications as relevant sources of CPD for its members. This is to reflect the fact that many roles in financial services require individuals to have an in-depth understanding of the industry and the regulations that underpin it.

To make it easier for you, we have identified the qualifications and/or examination papers most applicable to Accountants working in, or wishing to move into, the securities and investments industry. Further information regarding the pathways through our qualifications will be available as a downloadable PDF in September which will provide details at the modular level.

The qualifications/examination papers below have been grouped in order of their relevance to each job / sector.

Please click on the image to download the ACCA Qualifications Navigator


Accountants Starting out in the Financial Services Sector
Introduction to Investment Award (one hour examination)

Financial Regulation (two different one-hour examinations to choose from)

Investment Operations
Diploma in Investment Operations (three different areas to choose from)
Investment Administration Qualification (IAQ) (11 different subject areas to choose from)

Qualified ACCA members, if seeking regulatory FSA approval, are exempt from one module of the IAQ.

Funds
Diploma Fund Management Paper (three hour written paper)


Broker / Dealer
SII Certificate Programme (three different subject areas to choose from)


Compliance
Diploma in Investment Compliance
Diploma Regulation & Compliance paper


Risk
Advanced Certificate in Operational Risk (ACOR)


Wealth Management
Certificate in Investment Management (CertIM)
SII Masters in Investment Management (SIIM)

4. Registering for a SII qualification

To book a SII examination, please contact our Client Services team:
Email:
Tel: +44 (0)20 7645 0680

The email address above is a dedicated ACCA-only address and a member of our Client Services team will contact you within 24 hours (maximum) to take you through the booking process and register you on your chosen examination.

In your email please include the following details:

Full Name
Date of Birth
ACCA Membership Number and designation
The examination which you would like to book
Job title
Firm Name and Address
Email address
Correspondence address (if not work address)

Please note that by completing this email, you authorise the SII to confirm your membership status with ACCA

For further information regarding SII examinations, please refer to our website, or alternatively contact us by telephone or fax:

Tel: +44 (0)20 7645 0680
Fax: +44 (0)20 7645 0601

5. Membership of the Securities & Investment Institute

As the professional body for the securities and investments industry, we would like to invite ACCA members and ACCA Affiliates to become members of the SII.

Please note, ACCA members and ACCA Affiliates do not have to sit further examinations to become SII members.

* ACCA members (ACCA and FCCA) with three or more years of industry experience are eligible for full membership (MSI) of the SII (ACCA members without three years industry experience are eligible to join as Associate (ASI) members)

* ACCA Affiliates are eligible for Associate (ASI) membership of the SII

6. What does membership of the Securities & Investment Institute offer you?


Membership of the Securities & Investment Institute infers prestige and esteem. We recognise that you have achieved demanding professional qualifications and are making a personal commitment to high standards of competence and integrity. In becoming a member, you will join an elite group of financial professionals.

There are many benefits offered to members including:


7. Membership subscriptions fees

Membership is from 1st April to 31st March of the following year.

Joining fee

MSI: 50 - Waived for ACCA members!
ASI: 25 - Waived for ACCA Affiliates!


2009/10 Subscription fees

MSI: 155.00
ASI: 115.00

The subscription for the first year is payable at the time of application. Cheques should be made payable to the Securities & Investment Institute Ltd and crossed 'a/c Payee only'. Following the first year of membership, payment can then be made annually by Direct Debit.

8. Membership application forms

Special application forms for ACCA members are available here:

UK-based members

Associate (ASI) Application form
Membership (MSI) Application form

Non-UK-based members

International Application form

The application should be completed in full, and returned with your cheque or credit card details to:

Membership Department
Securities & Investment Institute
8 Eastcheap
London
EC3M 1AE

9. Contacting us about membership of the SII

For further information about membership of the SII please contact:

Email:

Tel: 020 7645 0650

10. Contacting us with general enquiries

For general enquiries, please contact:

Securities & Investment Institute
8 Eastcheap
London
EC3M 1AE

Telephone: +44 (0)20 7645 0650
Fax: +44 (0)20 7645 0601