AIS FAQ — Common Questions

Frequently asked questions for CSI Advanced Investment Strategies (AIS): structure, what to prioritize, and how to study efficiently.

What is the official exam structure?

According to CSI’s Exam & Credits page, AIS is:

  • Exam format: Proctored (remote or in-person at a test centre)
  • Question format: Multiple-choice
  • Questions per exam: 75
  • Duration: 2 hours
  • Passing grade: 60%
  • Attempts allowed per exam: 3

How long should I study?

CSI lists 60 – 80 hours of study as a guideline. Use the Study Plan to translate that into a 30/60/90‑day schedule.

What should I prioritize?

Most candidates improve fastest by prioritizing:

  1. Client constraints + allocation logic (risk capacity, horizon, liquidity, diversification)
  2. Equity + fixed-income drivers and valuation intuition
  3. Funds/solutions selection discipline (fees, turnover, mandate fit, monitoring)
  4. Alternatives + international frictions (liquidity/currency/tax)

What’s the best way to study AIS?

  • Use the Syllabus as your coverage checklist.
  • Build your personal formula sheet from the Cheatsheet and drill it.
  • Do small topic sets until your accuracy is stable, then switch to mixed sets.

Sources: https://www.csi.ca/en/learning/courses/ais/exam-credits and https://www.csi.ca/en/learning/courses/ais/curriculum