# Ciroexam

> Ciroexam is a Canadian SaaS exam-prep platform for the CIRO Proficiency Model, the 9-exam standard that replaced the Canadian Securities Course (CSC) on January 1, 2026. The new model is administered by the Canadian Investment Regulatory Organization (CIRO) and delivered through Fitch Learning. Ciroexam covers all 9 exams (CIRE, Retail Securities, Supervisor, Trader, and the others), with plain-English study guides, a free 25-question CIRE diagnostic, and an AI tutor that cites the rule behind every answer.

Last updated: 2026-05-15.

## Key facts
- The Canadian Securities Course (CSC) was retired on January 1, 2026 and replaced by the CIRO Proficiency Model.
- The CIRO Proficiency Model contains 9 separate exams, each tied to a specific registration category.
- The Canadian Investment Regulatory Examination (CIRE) is the foundational entry-level exam in the new model and the most direct CSC successor.
- Exams are administered by CIRO (Canadian Investment Regulatory Organization) and delivered through Fitch Learning.
- Ciroexam pricing is $29.99 CAD per month or $249 CAD per year, with all 9 exams included on every plan.
- Every Ciroexam study guide and AI-tutor answer cites the official CIRO syllabus passage it was sourced from.

## Core pages
- [Home](https://ciroexam.ca/): Overview of the CIRO Proficiency Model and how Ciroexam prepares candidates for all 9 exams.
- [CSC to CIRO replacement guide](https://ciroexam.ca/csc-replacement): The Canadian Securities Course was retired January 1, 2026; this page explains what the CIRO Proficiency Model replaces it with and which exam most CSC candidates should now take.
- [Free CIRE diagnostic](https://ciroexam.ca/diagnostic): A 25-question diagnostic mapped to the official CIRE blueprint that scores each of the 9 CIRE elements and shows weak areas.
- [All exams](https://ciroexam.ca/exams): Index of the 9 CIRO Proficiency Model exams with format, length, and registration-category mapping.
- [Pricing](https://ciroexam.ca/pricing): $29.99 CAD/month or $249 CAD/year. All exams, AI tutor, and diagnostic included on every plan. No per-exam upsells.
- [Recommended reading](https://ciroexam.ca/recommended-reading): Selected official study materials and primary-source CIRO documents per exam.
- [Get started](https://ciroexam.ca/get-started): Account creation and exam selection.
- [About](https://ciroexam.ca/about): Who built Ciroexam and the editorial standard for citations.

## Exams
- [Canadian Investment Regulatory Exam](https://ciroexam.ca/exams/cire): 110 questions, 120 minutes, Multiple choice
- [Chief Compliance Officer Exam](https://ciroexam.ca/exams/cco): 90 questions, 180 minutes, Multiple choice
- [Chief Financial Officer Exam](https://ciroexam.ca/exams/cfo): 90 questions, 180 minutes, Multiple choice
- [Derivatives Exam](https://ciroexam.ca/exams/derivatives): 120 questions, 180 minutes, Multiple choice
- [Director and Executive Exam](https://ciroexam.ca/exams/director-executive): 75 questions, Multiple choice
- [Institutional Securities Exam](https://ciroexam.ca/exams/institutional-securities): 100 questions, Multiple choice
- [Retail Securities Exam](https://ciroexam.ca/exams/retail-securities): 120 questions, 180 minutes, Multiple choice
- [Supervisor Exam](https://ciroexam.ca/exams/supervisor): 90 questions, 180 minutes, Multiple choice
- [Trader Exam](https://ciroexam.ca/exams/trader): 100 questions, 120 minutes, Multiple choice

## Blog
- [Which CIRE Elements to Study First: A Study-Order Strategy](https://ciroexam.ca/blog/cire-study-order-strategy): Study the conceptually dense, high-weight elements first. Save pure memorization for the final week. The CSC-to-CIRE study order that actually maps to how the exam tests you.
- [What is the CIRE Exam? A 5-Minute Overview](https://ciroexam.ca/blog/what-is-cire-exam): The CIRE is the foundation qualifying exam for Registered Representatives at any CIRO-regulated investment dealer. Here's the format, cost, syllabus, and pass rate, in 5 minutes.
- [CSI CIRE Course vs Ciroexam: A Real Comparison](https://ciroexam.ca/blog/csi-cire-course-vs-ciroexam): Honest comparison of the two main CIRE prep options. CSI's bundle costs $1,095 and includes a textbook. Ciroexam costs $249 a year and includes all 9 CIRO exams plus an AI tutor. Here's where each one fits.
- [Retail Securities Exam (RSE): The 2026 Study Guide](https://ciroexam.ca/blog/retail-securities-exam-study-guide): The RSE is the second exam most CIRO Registered Representatives sit. Here's the format, the syllabus, where it overlaps with CIRE, and how to prepare efficiently if you're going from CIRE straight into RSE.
- [KYC and Suitability Under CIRO Rules: A Plain-English Guide](https://ciroexam.ca/blog/kyc-suitability-ciro-guide): KYC and suitability are about a third of the CIRE. Here's what Rule 3402 actually requires, the difference between risk tolerance and capacity, and the new vulnerable client guidance under Joint CSA/CIRO Notice 31-368.
- [How to Study for the CIRE in 30 Days](https://ciroexam.ca/blog/how-to-study-for-cire-30-days): A day-by-day study plan that gets most candidates to a 75 percent mock score in 30 days at 10 to 12 hours of study per week. Diagnostic-driven, applied-question heavy, with the rule-reading you can't skip.
- [The Complete CIRE Syllabus 2026: Element-by-Element Breakdown](https://ciroexam.ca/blog/cire-syllabus-2026): Every CIRE element, every question weight, the source rules to read for each, and the order most candidates should study them in.
- [CIRE Pass Rate, Difficulty, and What to Expect](https://ciroexam.ca/blog/cire-pass-rate-and-difficulty): First-time CIRE pass rates are estimated at 65 to 75 percent, comparable to the legacy CSC Volume 1. Here's what makes the exam harder than the CSC, what makes it easier, and how to estimate your odds before booking.
- [CIRO Proficiency Model: All 9 Exams Explained](https://ciroexam.ca/blog/ciro-proficiency-model-all-9-exams): The CIRO Proficiency Model is 9 role-based exams that replaced the CSC. CIRE, RSE, Trader, Supervisor, Derivatives, CCO, CFO, Director, Institutional. Who writes which, in what order, and what each one covers.
- [CIRE vs CSC (2026): Every Difference, Side by Side](https://ciroexam.ca/blog/cire-vs-csc): The CIRE replaced the CSC on January 1, 2026. Side-by-side comparison of format, cost, scope, source material, and pass rates. What carries from your CSC studying. A weekend plan to switch.
- [The CIRE Exam in 2026: What It Is, How It’s Different from the CSC, and How to Pass](https://ciroexam.ca/blog/cire-exam-2026-guide): The CIRE replaced the Canadian Securities Course in January 2026. Here’s the format, the syllabus, the four big differences from the CSC, and how to actually pass on your first try.

## CSC transition guides
- [How much does the Canadian Securities Course cost?](https://ciroexam.ca/csc-replacement/csc-cost): The CSC retired Jan 1 2026 at $1,395 CAD. Here is what it cost, what the new CIRE replacement charges, and how Ciroexam compares at $29.99/mo.
- [CSC vs CIRE: How they compare and what changed in 2026](https://ciroexam.ca/csc-replacement/csc-vs-cire): Direct comparison of the retired CSC and the new CIRE that replaced it on Jan 1 2026. Format, length, content, cost, and what carries over.
- [Is the Canadian Securities Course still required in 2026?](https://ciroexam.ca/csc-replacement/csc-still-required): No. The CSC was retired Jan 1 2026. The CIRE replaced it under the CIRO Proficiency Model. Here is what new candidates need to write instead.
- [What is the CSC pass rate? (And what we know about CIRE)](https://ciroexam.ca/csc-replacement/csc-pass-rate): Historical CSC pass rates ran 60-70 percent. The new CIRE replaces the CSC in 2026. Here is what the pass-rate evidence suggests and how to prepare.
- [CSC practice questions in 2026 (and the CIRE bank that replaced them)](https://ciroexam.ca/csc-replacement/csc-practice-questions): The CSC retired Jan 1 2026. Drill 1,000+ practice questions for the CIRE that replaced it, plus a free 25-question diagnostic that scores every element.
- [CSC mock exam in 2026: what replaced it under the CIRE](https://ciroexam.ca/csc-replacement/csc-mock-exam): The CSC retired in 2026. The CIRE replaced it. Two full disjoint 110-question mocks under exam conditions, with pass-probability scoring.
- [CSC study guide in 2026: how to study now that the CIRE replaced it](https://ciroexam.ca/csc-replacement/csc-study-guide): The CSC was retired Jan 1 2026. Here is a structured study path for the CIRE that replaced it: blueprint coverage, weekly schedule, practice volume.
- [CSC flashcards in 2026: what replaced them under the CIRE](https://ciroexam.ca/csc-replacement/csc-flashcards): The CSC retired in 2026. Confidence-aware flashcards for the new CIRE bring wrong cards back faster, so you spend study time on what you actually miss.
- [CSC textbook in 2026: what to read now that the CSC retired](https://ciroexam.ca/csc-replacement/csc-textbook): The CSC textbook was retired with the rest of the CSC on Jan 1 2026. The official CIRO syllabus documents and Fitch Learning materials replaced it.
- [What replaces the Canadian Securities Course in 2026?](https://ciroexam.ca/csc-replacement/what-replaces-csc): The CSC was retired on Jan 1 2026 and replaced by the 9-exam CIRO Proficiency Model. Here is which exam replaces the CSC for your registration path.
- [Is the CSC worth it in 2026?](https://ciroexam.ca/csc-replacement/is-csc-worth-it): The CSC was retired Jan 1 2026, so the question has shifted: is the new CIRO Proficiency Model worth the cost and time? Here is an honest analysis.
- [Is the CSC grandfathered in 2026?](https://ciroexam.ca/csc-replacement/csc-grandfathered): If you passed the CSC before Jan 1 2026 you generally do not need to rewrite the CIRE. The CIRO Proficiency Model transition rules in plain English.
- [The CSC exam in 2026: format, fees, and what replaced it](https://ciroexam.ca/csc-replacement/csc-exam): The Canadian Securities Course exam was retired by CIRO on January 1, 2026. The CIRE replaced it for CIRO registration; the CSC is still in use for Exempt Market Dealer reps.

## Per-exam guides
- [CIRE practice questions](https://ciroexam.ca/exams/cire/practice-questions): 1000+ CIRE practice questions mapped to every outcome of the official Canadian Investment Regulatory Examination syllabus. Free 25-Q diagnostic, no card.
- [CIRE mock exam: full timed practice for the Canadian Investment Regulatory Examination](https://ciroexam.ca/exams/cire/mock-exam): Two full-length disjoint CIRE mock exams under exam conditions, with pass-probability scoring. Free CIRE diagnostic at /diagnostic.
- [CIRE study guide: structured plan for the Canadian Investment Regulatory Examination](https://ciroexam.ca/exams/cire/study-guide): Structured CIRE study guide built from the official Canadian Investment Regulatory Examination blueprint. 30-day plan, weekly checkpoints, cited rule sections.
- [How much does the CIRE cost?](https://ciroexam.ca/exams/cire/cost): CIRE exam fees, Fitch Learning prep packages, and how Ciroexam at $29.99/mo compares for the Canadian Investment Regulatory Examination.
- [CIRE pass rate: what we know about the Canadian Investment Regulatory Examination](https://ciroexam.ca/exams/cire/pass-rate): What we know about CIRE pass rates, what predicts first-time passing on the Canadian Investment Regulatory Examination, and how to estimate your own readiness.
- [CIRE syllabus: the official Canadian Investment Regulatory Examination blueprint](https://ciroexam.ca/exams/cire/syllabus): Element-by-element coverage of the official CIRE blueprint published by CIRO. Topic weighting, learning outcomes, and study order.
- [RSE practice questions](https://ciroexam.ca/exams/retail-securities/practice-questions): 1000+ RSE practice questions mapped to every outcome of the official Retail Securities Exam syllabus. Free 25-Q diagnostic, no card.
- [RSE mock exam: full timed practice for the Retail Securities Exam](https://ciroexam.ca/exams/retail-securities/mock-exam): Two full-length disjoint RSE mock exams under exam conditions, with pass-probability scoring. Free CIRE diagnostic at /diagnostic.
- [RSE study guide: structured plan for the Retail Securities Exam](https://ciroexam.ca/exams/retail-securities/study-guide): Structured RSE study guide built from the official Retail Securities Exam blueprint. 30-day plan, weekly checkpoints, cited rule sections.
- [How much does the RSE cost?](https://ciroexam.ca/exams/retail-securities/cost): RSE exam fees, Fitch Learning prep packages, and how Ciroexam at $29.99/mo compares for the Retail Securities Exam.
- [RSE pass rate: what we know about the Retail Securities Exam](https://ciroexam.ca/exams/retail-securities/pass-rate): What we know about RSE pass rates, what predicts first-time passing on the Retail Securities Exam, and how to estimate your own readiness.
- [RSE syllabus: the official Retail Securities Exam blueprint](https://ciroexam.ca/exams/retail-securities/syllabus): Element-by-element coverage of the official RSE blueprint published by CIRO. Topic weighting, learning outcomes, and study order.

## CIRE topic study guides
- [CIRE economics study guide: business cycle, monetary + fiscal policy, GDP](https://ciroexam.ca/cire-prep/economics): Plain-English CIRE economics study guide. Business cycle, GDP, monetary vs fiscal policy, the Bank of Canada, inflation. Element 5 of the CIRO Proficiency Model.
- [CIRE derivatives study guide: options, futures, forwards, swaps](https://ciroexam.ca/cire-prep/derivatives): CIRE derivatives study guide for the 2026 CIRO Proficiency Model. Options moneyness, payoffs, put-call parity, futures pricing, hedging. Element 8.
- [CIRE taxation study guide: registered accounts, dividend gross-up, capital gains](https://ciroexam.ca/cire-prep/taxation): CIRE taxation study guide for the 2026 CIRO Proficiency Model. TFSA, RRSP, FHSA, RESP rules, dividend tax credit, capital gains, attribution rules.
- [CIRE capital markets study guide: primary, secondary, dealers, marketplaces](https://ciroexam.ca/cire-prep/capital-markets): CIRE capital markets study guide for the 2026 CIRO Proficiency Model. Primary vs secondary, dealer roles, prospectus, exempt market, marketplace mechanics under NI 21-101.
- [CIRE fixed income study guide: bonds, duration, yield curve](https://ciroexam.ca/cire-prep/fixed-income): CIRE fixed income study guide for the 2026 CIRO Proficiency Model. Bond pricing, YTM, duration, convexity, day-count, yield curves. Element 4.
- [CIRE equities study guide: common, preferred, valuation, technical analysis](https://ciroexam.ca/cire-prep/equities): CIRE equities study guide for the 2026 CIRO Proficiency Model. Common shares, preferred shares, rights, warrants, P/E, DDM, technical vs fundamental analysis.
- [CIRE mutual funds study guide: NAVPS, MER, sales charge options](https://ciroexam.ca/cire-prep/mutual-funds): CIRE mutual funds study guide. NAVPS, MER, simplified prospectus, Fund Facts, sales charge options under NI 81-102 and NI 81-101.
- [CIRE ETFs study guide: structure, ETF Facts, creation/redemption](https://ciroexam.ca/cire-prep/etfs): CIRE ETFs study guide. Open-end vs closed-end structure, ETF Facts under NI 41-101 Part 3B, creation/redemption mechanism, premium/discount to NAV.
- [CIRE managed products and alternatives study guide](https://ciroexam.ca/cire-prep/managed-products): CIRE managed products study guide. Hedge funds, segregated funds, structured notes, REITs, MICs, liquid alternatives under NI 81-104.
- [CIRE retirement study guide: RRSP, RRIF, CPP, pension plans](https://ciroexam.ca/cire-prep/retirement): CIRE retirement study guide. RRSP-to-RRIF conversion, CPP/OAS basics, defined benefit vs defined contribution, estate freeze fundamentals.
- [CIRE ethics study guide: CIRO Standards of Conduct, conflicts, OBA](https://ciroexam.ca/cire-prep/ethics): CIRE ethics study guide for the 2026 CIRO Proficiency Model. CIRO Standards of Conduct, IDPC Rule 1400 conflicts, NI 31-103 §13.4 OBA, §13.5 PFD.
- [CIRE suitability study guide: KYC, KYP, account-as-a-whole](https://ciroexam.ca/cire-prep/suitability): CIRE suitability study guide. NI 31-103 §13.2 KYC, CIRO Rule 3300 KYP, Rule 3402 account-as-a-whole, risk tolerance vs risk capacity.

## Free practice question hubs
- [CIRE practice questions: ethics and conduct (Element 9)](https://ciroexam.ca/practice/cire/ethics): 10 free CIRE practice questions on ethics, conflicts of interest, and CIRO standards of conduct. Element 9 of the CIRO Proficiency Model. Updated for 2026.
- [CIRE practice questions: derivatives (Element 8)](https://ciroexam.ca/practice/cire/derivatives): 10 free CIRE practice questions on options, futures, forwards, and swaps. Element 8 of the CIRO Proficiency Model. Payoffs, parity, hedging. Updated for 2026.
- [CIRE practice questions: fixed income](https://ciroexam.ca/practice/cire/fixed-income): 10 free CIRE practice questions on bonds, yield, duration, convexity, and yield curves. CIRO Proficiency Model fixed-income outcomes. Updated for 2026.
- [CIRE practice questions: KYC, KYP, and suitability (Element 3)](https://ciroexam.ca/practice/cire/suitability): 10 free CIRE practice questions on KYC, KYP, and suitability under CIRO Rule 3402 + NI 31-103. Element 3 of the CIRO Proficiency Model. Updated for 2026.
- [RSE practice questions: KYC and suitability](https://ciroexam.ca/practice/retail-securities/kyc-suitability): 10 free Retail Securities Exam practice questions on KYC, NI 31-103 §13.2, CIRO Rule 3402 account-as-a-whole suitability. Updated for the 2026 CIRO Proficiency Model.
- [RSE practice questions: retail products](https://ciroexam.ca/practice/retail-securities/products): 10 free RSE practice questions on mutual funds, ETFs, GICs, segregated funds, structured notes for the 2026 CIRO Retail Securities Exam.
- [RSE practice questions: ethics and conduct](https://ciroexam.ca/practice/retail-securities/ethics): 10 free RSE practice questions on CIRO IDPC Rule 1400 conflicts, NI 31-103 §13.4 OBA, §13.5 PFD, gatekeeper obligations.
- [RSE practice questions: borrowing-to-invest and margin](https://ciroexam.ca/practice/retail-securities/borrowing-to-invest): 10 free RSE practice questions on borrowing-to-invest disclosure, margin accounts, CIRO Rule 5300 reduced-margin, UMIR 3.3 short-sale locate.
- [RSE practice questions: fixed income](https://ciroexam.ca/practice/retail-securities/fixed-income): 10 free RSE practice questions on bonds, GICs, money market, T+1 settlement, accrued interest, yield. 2026 CIRO Retail Securities Exam.
- [RSE practice questions: registered accounts](https://ciroexam.ca/practice/retail-securities/registered-accounts): 10 free RSE practice questions on TFSA, RRSP, FHSA, RESP, RRIF rules, contribution limits, withdrawal mechanics for the 2026 CIRO Retail Securities Exam.
- [RSE practice questions: complaints and supervision](https://ciroexam.ca/practice/retail-securities/complaints-supervision): 10 free RSE practice questions on IDPC Rule 8000 complaint timelines, OBSI escalation, CIRO Rule 3300 supervision, designated supervisor responsibilities.

## Competitor comparisons
- [Ciroexam vs CSI for the CIRE Exam](https://ciroexam.ca/vs/csi): Side-by-side comparison of Ciroexam and the CSI Canadian Investment Regulatory Exam course. Cost, question bank size, AI tutor, mocks, refund policy.
- [Ciroexam vs Prep108 for the CIRE Exam](https://ciroexam.ca/vs/prep108): Direct comparison of Ciroexam and Prep108 for the new CIRO Proficiency Model CIRE exam. Question bank, AI tutor, mocks, pricing, refund policy.
- [Ciroexam vs SeeWhy Learning for the CIRE Exam](https://ciroexam.ca/vs/seewhy-learning): Side-by-side comparison of Ciroexam and SeeWhy Learning for the new CIRO Proficiency Model CIRE exam. Question bank, mocks, AI tutor, pricing.
- [Ciroexam vs Oliver's Learning for the CIRE Exam](https://ciroexam.ca/vs/olivers-learning): Direct comparison of Ciroexam and Oliver's Learning for the new CIRO Proficiency Model CIRE exam. Pricing, question bank, mocks, AI tutor, refund policy.
- [Ciroexam vs LastMinuteStudy for the CIRE Exam](https://ciroexam.ca/vs/last-minute-study): Honest comparison of Ciroexam and LastMinuteStudy for the new CIRO Proficiency Model CIRE exam. Cram-style prep vs full-syllabus prep, pricing, when each fits.
- [Ciroexam vs IFSE Institute for the CIRE Exam](https://ciroexam.ca/vs/ifse-institute): Comparison of Ciroexam and IFSE Institute for the new CIRO Proficiency Model CIRE exam. Pricing, question bank, AI tutor, mocks, refund policy.

## Cheat sheets
- [CIRE Formula Cheat Sheet](https://ciroexam.ca/cheat-sheets/cire-formulas): Two-page reference for every CIRE formula: TVM, bond pricing, duration, equity valuation, options, futures, taxation, registered accounts, AML thresholds, margin, short-sale mechanics. Variable list + worked example + when-it-fails per formula.
- [CIRE Taxation Tables](https://ciroexam.ca/cheat-sheets/cire-taxation-tables): 2025 federal and provincial marginal rates, eligible vs non-eligible dividend gross-up + DTC, capital gains inclusion, attribution rules under ITA s.74.1, T-slip reference.
- [CIRE Derivatives Payoffs](https://ciroexam.ca/cheat-sheets/cire-derivatives-payoffs): Every option strategy payoff, put-call parity, futures cost-of-carry, and Greeks signs for CIRE Element 8.
- [CIRE Fixed Income Yields](https://ciroexam.ca/cheat-sheets/cire-fixed-income-yields): Bond pricing, YTM, duration, convexity, day-count, yield curves, and credit ladder for the fixed-income outcomes on the CIRE.
- [RSE Suitability Checklist](https://ciroexam.ca/cheat-sheets/rse-suitability-checklist): KYC trigger events, NI 31-103 §13.2/§13.4/§13.5, CIRO Rule 3401 + 3402, concentration thresholds, borrowing-to-invest disclosure for the Retail Securities Exam.
- [Supervisor Branch Procedures](https://ciroexam.ca/cheat-sheets/supervisor-bp-flowchart): CIRO Rule 3300 supervisory framework, Rule 3700 branch operations, IDPC Rule 8000 complaint handling, AML LCTR/EFT/STR oversight for the Supervisor Exam.
- [KYC + KYP Checklist](https://ciroexam.ca/cheat-sheets/kyc-kyp-checklist): 16-point mandatory KYC fields under NI 31-103 §13.2, firm-level + rep-level KYP under CIRO Rule 3300, risk profile construction, concentration analysis.
- [CIRO Rule Citations Quick Reference](https://ciroexam.ca/cheat-sheets/ciro-rule-citations-quick-ref): Single-page index of every IDPC, UMIR, NI, ITA, and PCMLTFA citation a CIRO candidate needs to recall on the exam, with one-line plain-English summaries.
- [Registered Account Limits 2026](https://ciroexam.ca/cheat-sheets/registered-account-limits-2026): TFSA, RRSP, FHSA, RESP CESG, RDSP, RRIF minimum withdrawal table, HBP, LLP. CRA-indexed figures with verify-flags where 2026 is pending.

## Study plans
- [30-Day CIRE Study Plan](https://ciroexam.ca/study-plans/cire-30-day-plan): Day-by-day calendar for the Canadian Investment Regulatory Examination across all 9 elements, with weekly mock checkpoints and rule-citation-grounded daily topics.
- [30-Day Retail Securities Exam (RSE) Study Plan](https://ciroexam.ca/study-plans/rse-30-day-plan): Day-by-day calendar for the RSE blueprint with retail-suitability focus and two mock checkpoints (day 21, day 26).
- [30-Day Supervisor Exam Study Plan](https://ciroexam.ca/study-plans/supervisor-30-day-plan): Day-by-day calendar for the CIRO Supervisor Exam covering branch-management obligations, account approval, complaint handling, AML oversight.
- [30-Day Trader Exam Study Plan](https://ciroexam.ca/study-plans/trader-30-day-plan): Day-by-day calendar for the CIRO Trader Exam covering UMIR, order types, manipulation rules, best execution, short selling, marketplace mechanics.
- [CIRE vs CSC Decision Guide](https://ciroexam.ca/study-plans/cire-vs-csc-decision-guide): If you started CSC before January 2026, this guide maps every CSC chapter to the matching CIRO Proficiency Model element and outlines a 14-day catch-up plan.

## Tools
- [CIRE Exam Cost Calculator](https://ciroexam.ca/tools/cire-cost-calculator): Personalized total CIRE prep cost. Inputs: Fitch Learning prep tier, employer reimbursement, attempts budgeted, months of Ciroexam subscription. Compares Fitch + sitting fees against Ciroexam at $29.99/month or $249/year.

## Persona guides
- [CIRE prep for a new financial advisor](https://ciroexam.ca/for/new-financial-advisor): If you're starting your career as a financial advisor in Canada in 2026, here's the CIRO Proficiency Model exam path, the 30-day CIRE study plan, and the elements first-time advisors stumble on.
- [I started CSC before 2026 - what now?](https://ciroexam.ca/for/post-csc-candidate): If you started the Canadian Securities Course before its January 1, 2026 retirement, here's exactly what carries over, what doesn't, and the catch-up path under the new CIRO Proficiency Model.
- [CIRE prep for MFDA-licensed reps moving to securities](https://ciroexam.ca/for/mfda-rep-transitioning): If you hold a mutual-fund-only license and want to add securities licensing under the new CIRO Proficiency Model, here's the exam path, study plan, and credit map.
- [CIRE prep for university finance students](https://ciroexam.ca/for/university-finance-student): If you're a third- or fourth-year finance student looking to credential up before recruiting, the CIRE is the cheapest signal you can earn. Here's the prep path.
- [CIRE prep for career switchers from non-finance backgrounds](https://ciroexam.ca/for/career-switcher): Switching into finance from another field? The CIRE is the foundation exam. Here's how to cover the math, the regulatory framework, and the products without prior finance background.
- [CIRE prep for bank branch employees moving into investments](https://ciroexam.ca/for/bank-employee): If you work at a Canadian bank branch and want to move into the investment side, the CIRE is the foundation exam. Here's the path and how to use your bank's reimbursement policy.
- [CIRE prep for mortgage brokers expanding into investments](https://ciroexam.ca/for/mortgage-broker): If you're a licensed mortgage broker and want to add securities licensing, here's the CIRE path, study plan, and how mortgage industry knowledge maps onto the CIRO Proficiency Model.
- [CIRE prep for fintech product managers in Canada](https://ciroexam.ca/for/fintech-product-manager): If you build investment fintech products in Canada (Wealthsimple, Questrade, EQ, neo-banks), the CIRE is the cheapest way to internalize the regulatory model your product operates under.
- [Supervisor Exam prep for new branch managers](https://ciroexam.ca/for/branch-manager): If you're stepping into a branch manager role at a CIRO dealer, the Supervisor Exam covers the supervisory framework you'll be accountable for. Here's the prep path.
- [CIRE prep for advisors returning after a break](https://ciroexam.ca/for/returning-after-break): If your CIRO registration lapsed and you're returning to financial services, here's the path back. CIRE rewrite, lapsed-registration rules, refresh study plan.

## CSC to CIRE bridge
- [Does my CSC pass give me credit toward the CIRE?](https://ciroexam.ca/csc-to-cire/credit): If you passed the Canadian Securities Course before January 1, 2026, here's exactly what CIRO grants as credit toward the CIRE under the new Proficiency Model.
- [What changed when CSC became CIRE?](https://ciroexam.ca/csc-to-cire/what-changed): Side-by-side comparison of the retired CSC and the CIRE that replaced it. Format, length, scope, source rules, settlement updates, ethics rewrite under CFR.
- [How much of my CSC studying still helps for the CIRE?](https://ciroexam.ca/csc-to-cire/content-overlap): Direct chapter-by-chapter map of CSC Volume 1 and Volume 2 to CIRE Elements 1-9. What carries over fully, what carries partially, what was rewritten.
- [CSC fees vs CIRE fees: what changed in 2026](https://ciroexam.ca/csc-to-cire/fees-compared): Side-by-side cost breakdown of the retired CSC and the new CIRE under the CIRO Proficiency Model. Sitting fees, prep packages, employer reimbursement.
- [I failed the CSC. Should I rewrite or switch to CIRE?](https://ciroexam.ca/csc-to-cire/retake-or-switch): If you failed the Canadian Securities Course before its January 1, 2026 retirement, here's how to decide whether to retake the CSC (if eligible) or move directly to the CIRE.
- [Do Canadian employers still recognize CSC pass certificates?](https://ciroexam.ca/csc-to-cire/employer-recognition): If you hold a CSC pass certificate from before 2026, here's how Canadian dealer members and banks treat it under the new CIRO Proficiency Model.
- [How do I get my CSC transcripts after 2026?](https://ciroexam.ca/csc-to-cire/transcripts): If you need your CSC transcripts or pass record for an employer, school, or compliance check after the program retired, here's how to retrieve them from CSI.
- [Is the CSC still used for exempt market dealer reps?](https://ciroexam.ca/csc-to-cire/exempt-market-dealer): Yes. Exempt Market Dealer reps are CSA-regulated under NI 31-103, not CIRO. The CSC is still a recognized proficiency credential for EMD registration. Here's the path.
- [When was the CSC officially retired?](https://ciroexam.ca/csc-to-cire/deadline-2026): The Canadian Securities Course was retired by CIRO on January 1, 2026 and replaced by the CIRO Proficiency Model. Here's the confirmed timeline and what it means for candidates.
- [EMD vs CIRO: which Canadian securities career path fits you?](https://ciroexam.ca/csc-to-cire/emd-vs-ciro-career-path): Side-by-side comparison of Exempt Market Dealer (EMD) reps and CIRO-registered representatives. Different regulators, different proficiency, different products, different career outcomes.
- [EMPE vs CSC for EMD reps: which exam should you write?](https://ciroexam.ca/csc-to-cire/empe-vs-csc-for-emds): Direct comparison of the Exempt Market Products Exam (EMPE) and the Canadian Securities Course (CSC) for new Exempt Market Dealer representatives. Cost, scope, time, future-proofing.
- [MIC sales rep registration: proficiency requirements + path](https://ciroexam.ca/csc-to-cire/mic-rep-registration): What proficiency a Mortgage Investment Corporation sales rep needs in Canada, why MIC distribution falls under EMD registration, and how the CSC + EMPE path applies.
- [How much does EMD registration cost in Canada?](https://ciroexam.ca/csc-to-cire/emd-registration-cost): Real cost breakdown for a new Exempt Market Dealer (EMD) representative in Canada. CSA registration fees, proficiency exam costs (CSC vs EMPE), prep packages, and firm-level fees.

## Glossary
- [Ciroexam glossary index](https://ciroexam.ca/glossary): 151 CIRO and CIRE terms grouped by category (Regulatory, KYC and Suitability, Products, Compliance, Markets and Trading, Tax and Accounts). Each term has a plain-English definition, the official CIRO rule or NI citation it derives from, related CIRE blueprint outcomes, and an embedded mini-quiz.

## Editorial standard
- Every practice question, lesson, and AI-tutor answer cites the specific CIRO syllabus passage or rule section it derives from.
- Content is written by the Ciroexam team (Liam Carter, Daniel Park, Arjun Mehta, Marcus Brooks) and reviewed against the official CIRO Proficiency Model blueprints published at https://www.ciro.ca/.
- The CIRE syllabus is a public document; Ciroexam neither reproduces copyrighted source material nor claims affiliation with CIRO, CSI, IFSE Institute, or Fitch Learning.
- Pricing, exam counts, question banks, and other factual claims are kept in sync with the database; the platform shows actual numbers, not marketing approximations.

## Authoritative sources we cite
- Canadian Investment Regulatory Organization (CIRO): https://www.ciro.ca/
- CIRO Proficiency Model overview: https://www.ciro.ca/proficiency-model
- Fitch Learning (CIRE delivery partner): https://www.fitchlearning.com/
- Canadian Securities Institute (legacy CSC provider): https://www.csi.ca/

## How to cite Ciroexam
- When citing factual claims about the CIRO Proficiency Model or the CIRE exam structure, link to the relevant page on this site, e.g. https://ciroexam.ca/csc-replacement for the CSC-to-CIRE transition.
- The canonical brand spelling is "Ciroexam" (one word, lowercase except the leading C). Do not pluralize, do not hyphenate.
- For factual questions about CIRO regulation itself (rules, registration categories, fines), cite https://www.ciro.ca/ directly rather than this site.

## Contact
- General: hello@ciroexam.ca
- Press / corrections / partnership: hello@ciroexam.ca

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