Certified Fund Specialist - Definition
If you still have questions or prefer to get help directly from an agent, please submit a request.
We’ll get back to you as soon as possible.
- Marketing, Advertising, Sales & PR
- Accounting, Taxation, and Reporting
- Professionalism & Career Development
Law, Transactions, & Risk Management
Government, Legal System, Administrative Law, & Constitutional Law Legal Disputes - Civil & Criminal Law Agency Law HR, Employment, Labor, & Discrimination Business Entities, Corporate Governance & Ownership Business Transactions, Antitrust, & Securities Law Real Estate, Personal, & Intellectual Property Commercial Law: Contract, Payments, Security Interests, & Bankruptcy Consumer Protection Insurance & Risk Management Immigration Law Environmental Protection Law Inheritance, Estates, and Trusts
- Business Management & Operations
- Economics, Finance, & Analytics
What is a Certified Fund Specialist?
The Institute of Business and Finance (IBF) issues a certificate to individuals with expertise in mutual funds who pass their certification exams. The professional holds the designation Certified Fund Specialist (CFS).
Back to: PROFESSIONALISM & CAREER DEVELOPMENT
CFS Test Outline
To obtain a CFS certification, applicants are required to pay a registration and tuition fee of $1,365 per applicant. Examination fee, materials, and textbooks fee are included in the fee charged.
Before individuals sit for the CFS eam, they must have taken a six-module self-study program.
Here are the major areas in which individuals receive training:
- Mutual funds
- Tax laws
- Closed-end funds
- Exchange-traded funds (ETFs)
- Real estate investment trusts (REITs)
- Fund selection and fund analysis
- Risk management
- Asset allocation
- Estate planning and investment.
The applicant must have a bachelor's degree and undertake 2,000 hours of financial services work experience.
Those who can obtain the CFS certification include:
- Money managers
- Stock brokers
- Bankers Bank
- Financial advisors and
- Financial planners