Officers’, Partners’, and Directors’ Course (OPD)
The Officers’, Partners’, and Directors’ Course Exam is a regulatory requirement in National Instrument 31-103 for Chief Compliance Officers of mutual fund dealers, exempt market dealers, scholarship plan dealers, portfolio managers, and investment fund managers. This course provides an excellent overview of the topics important to those in senior management. The OPD equips students with the tools to help them effectively manage their firms.
Tools and Pricing
| Standard Course Price | $400 |
| IFIC Members Course Price | $300 |
| Printed Textbook | $70 |
Click here!Don’t know if your firm is a member of IFIC?
Course Information
COURSE DETAILS
| Delivery | Online |
| Language | English |
| Suggested study time | 30-60 hours |
| Enrolment period | 1 year |
| Practice exam | Yes, 100 questions |
Click here!Have questions?
WHO SHOULD ENROL
- Chief compliance officers of mutual fund dealers
- Exempt market dealers
- Scholarship plan dealers
- Portfolio managers
- Investment fund managers
Click here!Read case study
EXAM DETAILS
| Format | Paper-based proctored exam |
| Time permitted | 180 minutes |
| Question format | Multiple choice |
| Passing grade | 60% |
| Attempts allowed | 3 |
Note: Your first exam attempt (exceptions may apply) is included in the price of the course enrolment. Additional fees apply for subsequent exam attempts.
Click here! CE Credit Matrix
EXAM STRUCTURE
| Unit | Weighting (%) |
| Role of Directors and Officers | 12% |
| The Securities Industry and Regulation | 12% |
| Corporate Governance | 15% |
| Ethics | 5% |
| Risk Management | 7% |
| Know Your Client and Suitability | 7% |
| Compliance | 19% |
| Capital Requirements, Insurance, and Financial Reporting | 10% |
| Exempt Securities and Compliance for Exempt Securities | 13% |
FAQs
How do I register for a paper-based exam?Check the course webpage to verify whether your exam format is paper-based. For all paper-based exams, you must register at least 10 calendar days prior to (and not including) the available exam date. To register:
- Login to IFSE.
- Choose "Exams" from the submenu.
- Choose "Register for Exam".
- Choose a Location.
- Choose an Exam Date.
- Review the Exam Terms and Conditions completely. To accept the Exam Terms and Conditions, check the box and choose "Register" to proceed to Payment Screen. If you do not want to accept the Exam Terms and Conditions, choose "Back". Your exam registration will be cancelled.
- Click "Process Payment" (even if the payment is $0) to ensure your exam is booked.
What do I need to bring to the paper-based exam?You must bring valid, non-expired government-issued photo identification, such as a passport, driver’s license or citizenship card. If you are unable to produce valid photo identification, you will not be allowed to sit your exam. Contact us prior to your exam date if you are unable to supply us with acceptable photo identification.
Bring at least one pencil, an eraser and a calculator to the exam. Supplies will not be provided at the exam centre. The calculator must not have printing capabilities. Cell phones and other electronic devices cannot be used as a calculator. Scrap paper for working out calculations will be provided. Note: Proctors cannot accept payment for outstanding course- or exam-related fees at the exam centre.
How do I register for a course?Follow these instructions.
- Choose the LOGIN/REGISTER box.
- For returning students, login using your username and password. Choose “Enrol in a Course” in the menu bar.
For new students choose "Become a Student" and supply all mandatory information in the following screens. - If you have a contract code and password, enter it where required and click "Yes". If you do not have a contract code, click "No".
- Choose the course you want to enrol in. Click “Next”.
- If optional products are available for purchase, they will appear for you to choose. Click “Next”.
- Complete your profile information as indicated on the screen. Take care in completing your mailing and shipping address to ensure that any materials that you have ordered will be delivered promptly and correctly. Click the "Save" button to proceed to the shopping cart.
- Verify your shopping cart information and click on "Process Payment".
- Review the Terms and Conditions completely. To accept the Terms and Conditions, check the box and click "Yes". If you do not want to accept the Terms and Conditions, click "No". Your course enrolment will be cancelled.
- Provide your credit card information and click on "Pay Now". Please do not touch the screen until your payment has been processed. A copy of the receipt will appear and can be printed for your records. The receipt will also be stored in your student record for future reference.
How do I get my exam results?Exam results for Computer-based Test Centre Proctored and Computer-based Online Proctored exams are available online within 2 business days following the exam if you have no outstanding fees.
Exam results for Online Unproctored exams are available immediately upon submission.
Exam results for Paper-based Proctored exams are available online within 3 to 5 business days if you have no outstanding fees.
When your grade has been released, you can access your exam results by logging into your IFSE account. Once you have logged in:
- Choose “My IFSE”
- Choose “Courses”
- Choose “Show me my Marks for this Course” (this link only appears when your results are available).
What are printed text materials or textbooks?Printed text materials or textbooks are hardcopy versions of the online course material. They are optional to purchase and take between five to seven business days to be delivered. They do not include any interactive components (i.e., exercises, quizzes, case study and practice exam) from the online course. Instead, you are instructed to go online to complete those elements. This product is not refundable.
