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Canada Roadmap: CIRO, CSI, and LLQP

Suggested order for Canadian securities and insurance licensing exams (CIRO/CSI/LLQP). Non-official study guidance.

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This is a practical study roadmap, not official proficiency guidance.

Typical starting points (Canada)

Pick the starting point that matches your target role:

  1. Securities / investing (dealer / advisor track)

  2. Mutual funds entry (alternative start)

    • CSI: IFC (often used as a shorter foundation before expanding)
    • Then: CSC Exam 1 -> CSC Exam 2 (if your path requires CSC)

  3. Wealth management / planning focus

  4. Options / derivatives specialization

    • CSI: DFOL (Derivatives Fundamentals and Options Licensing)

  5. Insurance

    • LLQP: LLQP hubs (Life, Accident & Sickness, Seg Funds/Annuities, Ethics modules)

Visual roadmap (non-official)

    flowchart TD
	  A["Pick your target role<br/>Canada"] --> B["Securities / Investing<br/>(CIRO / CSI)"]
	  A --> C["Insurance<br/>(LLQP)"]
	
	  B --> D["Foundation: CSC Exam 1<br/>(CSI)"]
	  D --> E["CSC Exam 2<br/>(CSI)"]
	  E --> F["CPH<br/>(CSI)"]
	
	  B --> G["Regulatory: CIRE<br/>(CIRO)"]
	  G --> H["RSE<br/>(CIRO)"]
	
	  D -.-> I["Alternative start: IFC<br/>(CSI)"]
	  E -.-> J["Specializations (as needed)<br/>DFOL, WME, IMT"]

Plain-text version:

  • Canada: pick a track.
  • Securities/investing: CSC Exam 1 -> CSC Exam 2 -> CPH (plus CIRO CIRE -> RSE when required by your role).
  • Alternatives/specializations: IFC (shorter foundation), WME Exam 1 -> WME Exam 2 (wealth management), DFOL (options/derivatives), IMT modules.
  • Insurance: follow LLQP modules (province-specific requirements vary).

Notes

  • Use exam hubs for blueprint-aligned syllabi and practice links.
  • Start with the most foundational exam in your path and add specialization exams only after your basics are stable.
  • Practice under time pressure: short drills -> mixed sets -> full timed mocks.
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