Canadian Securities Course - CSC

[uria]

________________________________________
For Sale the 2 textbooks for Canadian Securities Course..
50 dollars with free shipping
payment by paypal
or local pickup for 40 dollars (Toronto)
plus free mock exams (6)....
value over 200 dollars

[yugiohm3]

The 7 years rule no longer apply to CFA. You can take as long as you need to complete it. I did both, CSC & CFA, already.

I took CSC after I pass my CFA level 2. CSC is a joke compare to CFA. The mats cover in CFA level 1 is probably 2-4 times more then CSC. The exam is actually two 3 hours exam section on the SAME days. CSC is 2 exams which you can take in 2 different days. In addition, you can only take CFA on a fix day where CSC give you flexiblity in which you can schedule it like 2-4 times per week. I would recommand you try CSC first since it is more flexible and forgiven. The chance is if you can't pass CSC, don't bother trying CFA level 1.

[driveslowhomey]

I need to enroll for CSC course. I have my friends CSC books ( he took it 2 years ago). Should I get the books when I enroll or can I use his instead. I prefer hardcopy over PDF.

Thanks

[driveslowhomey]

Sorry one more question for past CSC takers. How long do I need to prepare. I work full time so would 2 week hardcore work?

[Mystic_Champion]

I was a 3rd year BBA student when I took the CSC course working on co-op at a mid-size Accounting firm during busy season. I put in 3-4 hours on the first exam and 8-10 hours on the second exam and passed easily.

First exam is really easy and second exam requires a little bit more studying.

[driveslowhomey]

Whats the best way to study for this course?

Is there a condensed version like Schweser with CFA?

[kingkhan]

Oliver notes for CSC. its a little over a $150.00 (both books and practice exams)

[Poochi]

CSC took me about 6 to 8 hours per exam. I heard there is a 2 years program from George Brown College in Toronto that gives you a diploma and prepares you for the CSC exam (I don't even think it's worthwhile to spend the $$$ and time in college for 2 years just to do the exam).

It is easier to get into retail banking if you have completed CSC. It is required for mutual fund license registration.

CFA has 3 levels. Basic requirement is a 4 years Bachelor degree or equivalent (Honours BA, Honours BSc, BBA, or B.Com.). Each level the pass rate usually ranges from 33% to 45%, give or take (varies every year and level). Each exam is 6 hours, divided into 2 3-hour sessions (morning and afternoon). You are also required to have 4 years of professional work experience (must be related to the curriculum). You must adhere to their code of ethics, be a member of a local society and pay the annual dues. Level 1 is offered twice/year (June and December), where Level 2 and Level 3 are offered annually in June.

for CSC: visit Http://www.csi.ca/
for CFA: visit Http://www.cfainstitute.org/

[Poochi]

Whats the best way to study for this course?

Is there a condensed version like Schweser with CFA?

The text book itself is easy enough to pass the course...

Also, it is advisable to use the latest material.

[chinamansteve]

Could someone with a college diploma in the medical field take the CSC course and apply for a job at the bank?

[Yankees 1903]

CSC 2 exam is easier than the CSC 1 exam but overall they are both easy. I did mine last year since I was taking in the in school course for it and passing the exam guaranteed us a A+ in the course and a nice jump in our GPA. Personally I showed up for every other class and did my CSC 2 exam 5 weeks before the in school course ended and passed easly. I did the same with the CSC 1 but did the exam 2 weeks before the class ended and passed.

[liorsyncro]

but for CFA... i heard that u have to hold a bachelor's degree at least .. even just to write the Level I exam..

that's part of the reason that i'm taking CSC now instead.. and hopefully it'll help a little bit when it comes to the date that i'm finally eligible to write the CFA exam...

I hear news from individuals who are already hold a CFA that while a Bachelor's is required, the institute doesn't actually verify it. See, the CFA program is complex to the point where that they figure you must have some kind of post-secondary education to even consider it. Remember, you don't need a degree in finance to get a CFA, which is why I find the Bachelor's requirement a bit comical. Basically, even if you've never read a single book on money in your life, as long as you have one of them liberal arts degree from an accredited institution you are eligible to write the exam. You can always call the headquarters of the CFA institute and confirm but what I just said is off the record. Ultimately, just like anything else in life, if you're passionate about the material you will pass. It requires more of a personal commitment rather than you being an Einstein in finance.

P.S. CSC is ridiculously easy. I didn't take it but I know someone who did and I've seen the material. Again, the issue at hand is the sheer number of people who take it for the sake of bragging that they're taking it. You'll hear people say it's a 70% failure rate etc. but in my personal view, the people who take it and fail are kind of thinking it's some kind of an elitist designation. But the reality is it's an introductory course. If you find the material intolerably dry and boring then you should really look into another line of work if that's what you're taking the course for. Many people take the CSC for personal education as it's an open course. Others take it because they actually need it for work. It's the same thing when I took the mortgage agent course. The failure rate at Seneca (in my view, the best place to get your training if you want to become a mortgage broker) is 60%! The material is quite easy but the time value of money functions is where quite a few tanked.

[liorsyncro]

CSC took me about 6 to 8 hours per exam. I heard there is a 2 years program from George Brown College in Toronto that gives you a diploma and prepares you for the CSC exam (I don't even think it's worthwhile to spend the $$$ and time in college for 2 years just to do the exam).

Two years is ludicrous. Sheridan has a program that goes on for about two months. I believe the next start date is April 28 for those interested. Cost is $250 for the course and another $300 for CSI.

[Phoenix88]

Did my CSC a long time ago... hasn't really helped me. And if you don't have a job that requires it then it will 'expire' after 3 years. So now it is just a 50c piece of paper and a one line item on my resume.

There are very few jobs that I have seen that need CSC.

[bluejazzy]

BUMP.

Just a very general question for anyone who has completed their CSC. I am a 3rd/4th year student doing my BBA at UofT specializing in finance. I am also a B-B+ student if that matters. How much time would you guys say someone like me would require to study to complete this? I'm going to be on 2 4 course semesters this year. This gives me a little free time.