r/CSCexamCanada

Hi there, truly hope anyone can help me with this though I know it's a long post.

I’m not sure if this is too much to ask or if anyone already has this or might find it useful, but I’m super confused by all the formulas in Chapter 7 and the formulas cheat sheet. I also bought the Financial Investment Calculations Toolkit and SeeWhy, and I feel like the formulas and contents are different. I’m dying with all of this, so I wanted to confirm the formulas I need to learn and the ones I can use the calculator for and make sure I am not missing anything.

In order of appearance in Chapter 7:

1.present value:

can use calculator

2. discount rate

is there a formula I need to memorize?? I think the book explains how to obtain it but I think we are always given that info

3.fair price of a bond

is this the same as present value of a bond?? The toolkit only shows this

How to Calculate the Present Value of a Bond

What would you expect to pay for a $1,000 face value bond with the following features: 15 years to maturity, with a coupon rate of 11%, and interest paid semi-annually, when the yield to maturity on similar bonds is 8.75%?

Financial calculator steps

FV = 1000

N = 30

PMT = 55

I/Y = 4.375

PV = -1185.98

Therefore, the bond will sell for $1,185.98 per $1,000.

BUT

The book has like 3 pages (5-9) explaining this and it's just so confusing.

4. Yield on a T-Bill

no calculator, need formula

5. CY on a bond

can use calculator

6. CY on a bond

can use calculator

*For the YTM, we know the results will be different if you do the calculations or use the calculator instead. Am I safe with calculator only? Like they won't give me both answers but only 1 will be correct?

7. accrued interest

no calculator, need formula

8. Did not see annuity on the textbook but can use the calculator for this rather than the formula

9. Accrued interest

no calculator, need formula

***So there are only 9 problems I need to learn to solve for Chapter 7, right?***

Thanksss sooo muchhh

I did the ciro practice exam everyday getting 80-85% daily and read some mock test but the questions i had this morning were brutal and wordings are so confusing for me. Shoud i get seewhy learning or any mayerials to pass? Im planning to retake next month. Advices please

Eventual Goal: I would like to eventually work as a Fee-Only Financial Planner in an established firm or a practice of my own. QAFP and then eventually CFP seems to be standard path for this.

Immediate goal: I am looking at entry-level financial advisory positions at banks/investment as an entry into this field. I was under the impression that CSC is the key to most entry level banking jobs but I am not sure now. Employability to a job in financial services is a key requirement for me because of the experience requirements for QAFP.

Current qualifications: Passed LLQP, Hold a WES-certified international degree (Master's in Commerce)

Reason for asking: I saw that there have been changes in the CSC requirement for CIRO. I want to make sure that I invest time in preparing for and attempting exams that would give me the best chances at employability in the financial services sector.

I would like to hear from folks like you in the industry about what exam I should focus on prepping for.

Thank you all again for your time.

I enrolled into the CSC last week and have been studying for a few days now. What is the CIRE exam and why are people calling the CSC exams useless now?

I have until the end of today to decide I want to withdraw because my 14 day refund window ends tomorrow. As a stupid 3rd year university student can someone help me?

I guess my brain was a bit fuzzy, it said I passed then there was a CSI pdf saying i need to chat with proctored and show whiteboard, and didnt see the chat button in top left...

i clicked finished and it popped a box saying it was closing the exam and it wouldnt let me go back. I saw the the camera light was still on so I showed my whiteboard cleared up just in case but there was no interaction with proctor...

please tell me i wont have to redo the exam... right now it doesnt show in my CSI portal (in csc enrolment section, mark for exam one is still empty).. does it take 24h or something to have a confirmation that i was passed..?

Im on the old exam structure since i registered in 2025.

I read that unlike CSC, both exam of WME include the 2 volumes, one being independent multiple choices and second one being multiple choice related to a case study.

Since you need to cover both volume, does it make sense to do both back to back? I currently schedule both exam with 1 day in between in case I felt I need to reinforce some knowledge.

How does it compare to CSC for those with industry experience?

Also since Im licensed FP, Im doing the WME-FP version which exempt a portion of the content related to financial planning. Do I exclude specific chapter from the volume?

Hi everyone,

I'm in Calgary, Alberta, with a background in pharmacy and supply chain. I'm looking to transition into banking or the investment industry but don't have any formal finance or business education.

Would IFIC be the best place to start, or should I pursue CIRE/RSE instead?

How valuable is IFIC in today's job market? Is it still enough to help get a banking job, or is the market too competitive now?

I work full-time and have a toddler, so I'd appreciate any advice from people who have made a similar career change.

Thanks!