CSC Exam 1 FAQ — Common Questions (Prep, Policy, Difficulty)

Frequently asked questions for CSC Exam 1: how to study efficiently, what to prioritize, and how to use this hub (syllabus, cheat sheet, and practice).

What is the official exam format and structure?

CSI publishes the CSC exam structure on the official Exam & Credits page:

  • Exam format: Proctored (remote or in-person at a test centre)
  • Exam duration: 2 hours
  • Question format: Multiple Choice
  • Questions per exam: 100
  • Passing grade: 60% (Per Exam)
  • Attempts allowed per exam: 3

Source: https://www.csi.ca/en/learning/courses/csc/exam-credits

What are the official topic weightings for Exam 1?

From CSI’s official weighting table (Exam 1 has 100 questions, so % ≈ target questions):

  • The Canadian Investment Marketplace — 15%
  • The Economy — 13%
  • Features and Types of Fixed-Income Securities — 12%
  • Pricing and Trading of Fixed-Income Securities — 11%
  • Common and Preferred Share — 13%
  • Equity Transactions — 10%
  • Derivatives — 10%
  • Corporations and their Financial Statements — 8%
  • Financing and Listing Securities — 8%

Source: https://www.csi.ca/en/learning/courses/csc/exam-credits

Do I need the official CSI materials?

Yes. Use this hub as a study map + practice layer, but rely on CSI’s official materials for the canonical reading.

What’s the fastest way to improve my score?

Two habits move scores fastest:

  1. Build a miss log (every miss becomes a rule).
  2. Do topic drills immediately after finishing a topic, then redo weak areas 48–72 hours later (spaced repetition).

Is CSC Exam 1 mostly memorization?

It’s a mix. You need vocabulary, but questions often test whether you can:

  • identify risks quickly
  • choose an appropriate product
  • apply a small amount of math under time pressure

What calculations should I be comfortable with?

At minimum:

  • bond price ↔ yield directionality
  • current yield and yield approximations
  • simple total return
  • basic option breakeven/payoff logic

Use the Cheatsheet as your formula pack and terminology glossary.

How should I use this site’s pages?

Recommended order:

  1. Overview
  2. Study Plan
  3. Syllabus
  4. Cheatsheet
  5. Practice

Where do I find official policies (fees, timing, retakes)?

Use the official CSI links in Resources. Policies can change, so we avoid hard-coding details beyond what CSI publishes on the Exam & Credits page.