SIIM Wealth Mangement

Scenarios for existing SII Diploma delegates

If you've studied towards one or more papers from the existing SII Diploma and can't decide whether to continue with the SII Diploma or move onto the new SII Masters in Wealth Management programme, we've outlined some scenarios which could help you decide. If you would like to speak to someone about this, please do not hesitate to contact our Course Booking Team on +44(0) 20 7786 5999 and one of our team will be happy to help.

The options below are applicable to delegates that have studied towards one existing SII Diploma paper. They show the options available depending upon the paper you have already sat. Please note that you could take any of the three modules from the SII Masters in Wealth Management as one of your papers to complete the SII Diploma (certain restrictions apply - see table at the bottom of this page).

Regulation and Compliance (R&C)

You could either decide to either continue and complete the SII Diploma (2 more subjects and exams); OR stop the SII Diploma, and start the SII Masters in Wealth Management (3 modules and exams).

Private Client Investment Advice and Management (PCIAM)

You could decide to either continue and complete the SII Diploma (2 more subjects and exams); OR stop the SII Diploma, and start the SII Masters in Wealth Management (3 modules and exams, but PCIAM knowledge will assist you in the SII Masters in Wealth Management).

Investment Analysis (IA)

You could decide to either continue and complete the SII Diploma (2 more subjects and exams); OR start the SII Masters in Wealth Management because you are exempt from module 1 (Financial Markets) of the SII Masters in Wealth Management so can progress straight to module 2 (Portfolio Construction Theory).

Interpretation of Financial Statements (IFS)

You could decide to either continue and complete the SII Diploma (2 more subjects and exams); OR start the SII Masters in Wealth Management because you are exempt from module 1 (Financial Markets) of the SII Masters in Wealth Management so can progress straight to module 2 (Portfolio Construction Theory).

Any other SII Diploma paper........

You could decide to either continue and complete the SII Diploma (2 more subjects and exams); OR stop the SII Diploma, and start the SII Masters in Wealth Management from the beginning (3 modules and exams).

The options below are applicable to delegates that have studied towards two existing SII Diploma papers. They show the options available depending upon the papers you have already sat. Please note that you could take any of the three modules from the SII Masters in Wealth Management as your third paper to complete the SII Diploma (certain restrictions apply - see table at the bottom of the page).

Regulation & Compliance (R&C) and Private Client Investment Advice and Management (PCIAM)

You could decide to either continue and complete the SII Diploma (1 more subject and exam); OR stop the SII Diploma, and start the SII Masters in Wealth Management (3 modules and exams, but PCIAM knowledge will assist you in the SII Masters in Wealth Management); OR finish the SII Diploma (taking Investment Analysis or Interpretation of Financial Statements) and then complete the SII Masters in Wealth Management (2 modules and exams), because IA or IFS gives you an exemption from module 1 (Financial Markets).

Regulation & Compliance (R&C) and Investment Analysis (IA)

You could decide to either continue and complete the SII Diploma (1 more subject and exam); OR stop the SII Diploma, and start the SII Masters in Wealth Management (2 modules and exams, because IA gives you an exemption from module 1 (Financial Markets)); OR finish the SII Diploma (1 more subject and exam) and then complete the SII Masters in Wealth Management (2 modules and exams, because Investment Analysis gives you an exemption from module 1 (Financial Markets)).

Regulation & Compliance (R&C) and Interpretation of Financial Statements (IFS)

You could decide to either continue and complete the SII Diploma (1 more subject and exam); OR stop the SII Diploma, and start the SII Masters in Wealth Management (2 modules and exams, because IFS gives you an exemption from module 1 (Financial Markets)); OR finish the SII Diploma (1 more subject and exam) and then complete the SII Masters in Wealth Management (2 modules and exams, because IFS gives you an exemption from module 1 (Financial Markets)).

Investment Analysis (IA) and one other SII Diploma paper

You could decide to either continue and complete the SII Diploma (1 more subject and exam); OR stop the SII Diploma, and start the SII Masters in Wealth Management (2 modules and exams, because IA gives you an exemption from module 1 (Financial Markets)); OR finish the SII Diploma (1 more subject and exam) and then complete the SII Masters in Wealth Management (2 modules and exams, as IA gives you an exemption from module 1 (Financial Markets)).

Interpretation of Financial Statements (IFS) and one other SII Diploma paper

You could decide to either continue and complete the SII Diploma (1 more subject and exam); OR stop the SII Diploma, and start the SII Masters in Wealth Management (2 modules and exams, because IFS gives you an exemption from module 1 (Financial Markets)); OR finish the SII Diploma (1 more subject and exam) and then complete the SII Masters in Wealth Management (2 modules and exams, because IFS gives you an exemption from module 1 (Financial Markets)).  

Any other combination of two SII Diploma papers

You could decide to either continue and complete the SII Diploma (1 more subject and exam); OR stop the SII Diploma, and start the SII Masters in Wealth Management (3 modules and exams); OR finish the SII Diploma (1 more subject and exam) and then complete the SII Masters in Wealth Management (2 or 3 modules and exams – level of additional workload will depend upon which two specific SII Diploma papers have been taken).

If you are still unsure and would like to speak to someone, please call our Course Booking Team on +44(0) 20 7786 5999. For specific information on exemptions, we recommend that you contact the Securities & Investment Institute (SII) directly on +44 (0) 20 7645 0600.  

The existing SII Diploma papers that can be taken with the new SIIM (Wealth Management) modules to achieve the SII Diploma are represented in the table below:

New SIIM (Wealth Management) module:	Financial Markets	Portfolio Construction Theory	Applied Wealth Management
Can be taken with SII Diploma modules:	Bond & Fixed Interest Markets	Bond & Fixed Interest Markets	Bond & Fixed Interest Markets
	ICAEW Diploma in Corporate Finance	ICAEW Diploma in Corporate Finance	ICAEW Diploma in Corporate Finance
	Financial Derivatives	Financial Derivatives	Financial Derivatives
	Fund Management	Global Operations Management	Fund Management
	Global Operations Management	Interpretation of Financial Statements	Global Operations Management
	Management Studies	Investment Analysis	Interpretation of Financial Statements
	Private Client Investment Advice & Management	Management Studies	Investment Analysis
	Regulation and Compliance	Regulation and Compliance	Management Studies
			Regulation and Compliance