Important Announcement: IFSE Institute Winding Down Operations
Following a thorough evaluation of the industry landscape, IFSE Institute has made the difficult decision to wind down our operations after many years of dedicated service in providing financial education. We would like to thank our students, clients, partners, and employees.
To ensure a smooth transition for our students, IFSE has agreements in place with education providers so students can continue to have access to courses for securities registration and insurance licensing purposes.
Please note: If you would like to retrieve past transcripts, certificates, or tax slips, we encourage you to log into your account and download this information before June 30, 3025. Also ensure that your profile information, including your social insurance number, email address, and mailing address, is complete and up to date.
Investment Funds & Exempt Market
Life License Qualification Program (LLQP)
Transition to Canadian Securities Institute
The Canadian Securities Institute (CSI) has been setting the standard for excellence in lifelong education for financial professionals since 1970. CSI is part of Moody’s, which offers education programs and credentials in Canada and around the world.
Students interested in taking courses for mutual fund or exempt market proficiency can register for the CSI equivalent course listed below:
| IFSE Courses | CSI Courses |
| Canadian Investment Funds Course | Investment Funds in Canada Course |
| Branch Managers’ Examination Course | Branch Compliance Officer’s Course |
| Investing in Alternative Mutual Funds and Hedge Funds | Hedge Funds and Liquid Alternatives for Mutual Fund Representatives |
| Exchange Traded Funds Course | ETFs for Mutual Fund Representatives |
| 90-day Training Course | The 90-day MF Skills Builder Course |
| Ethics and Professional Conduct Course | Ethical Practice in the Financial Services Industry |
| Exempt Market Proficiency Course | Exempt Market Proficiency Course |
| Canadian Compliance Course | Canadian Compliance Course |
How do I register for a course with CSI?
You can register directly into the equivalent CSI course on their website at csi.ca.
I’m currently registered in an IFSE course. What happens to my enrolment?
If you are currently registered in an IFSE course, you will have the earlier of your enrolment expiry date or June 30, 2025 to complete your studies. For example, if your enrolment period ends on May 15, 2025, then you will have until that date to finish your course. If your enrolment period ends on September 30, 2025, then you will have until June 30, 2025 to finish your course.
How do I complete my studies with IFSE?
If your course does not require a proctored exam, then you can login to your student account and complete the online assessment at your convenience. For those required to successfully pass a proctored exam, the last day to schedule an exam with Pearson VUE is June 16, 2025, and the last day to write an exam is June 30, 2025, and the last day to write an exam is June 30, 2025.
We encourage you to complete your studies as soon as possible. Visit IFSE’s exam info page for more information.
What if I can’t finish my studies before June 30, 2025?
If you qualify, you can register with CSI during the registration period which is between July 1 – 31, 2025, for the applicable fee.
| CSI Courses |
Applicable Fee (exclude taxes) |
| Investment Funds In Canada Course |
$80 |
| Branch Compliance Officer’s Course |
$80 |
| Hedge Funds and Liquid Alternatives for Mutual Fund Representatives |
$0 |
| EFTs for Mutual Fund Representatives |
$0 |
| The 90-day MF Skills Builder Course |
$0 |
| Ethical Practice in the Financial Services Industry |
$0 |
| Exempt Market Proficiency Course |
$80 |
| Canadian Compliance Course |
$80 |
Kindly note that course enrollments must be completed within the registration period and any course progress completed with IFSE will not transfer to CSI. You will enrol in a new course and will be responsible for covering all associated course fees. All other CSI fees, rules, and policies will remain applicable. Further details on the registration process will be provided soon.
Key Dates:
Last day to schedule a Pearson VUE exam: June 16, 2025 (11:59 pm Eastern Time)
Last day to write a Pearson VUE exam: June 30, 2025 (11:59 pm Eastern Time)
Deadline to finish your IFSE course: June 30, 2025 (11:59 pm Eastern Time)
Last day to access your IFSE account: July 1, 2025 (11:59 pm Eastern Time)
Registration period to enrol in a CSI equivalent course: July 1 – 31, 2025
Transition to SeeWhy Learning
Established in 2008, SeeWhy Learning (SWL) is a nationally approved LLQP course provider, widely respected in the financial services industry for its expertise in exam preparation. IFSE has had a longstanding and successful collaboration with SWL in the LLQP space for over a decade. We are confident that SWL will uphold the high standards of service and support that our clients have come to expect.
Students will continue to benefit from the same high-quality study tools they have come to rely on. Additionally, SWL will now handle the entire certification process, including providing manuals and administering certification exams.
Students can now register for the Life License Qualification Program (LLQP) with SWL.
| LLQP Courses |
| Life License Qualification Program (Canada, Common Law, or Civil Code) |
| Accident and Sickness Course (Canada, Common Law, or Civil Code) |
| Ethics and Professional Practice (Common Law) |
| Ethics and Professional Practice (Civil Code) |
How do I register for a course with SWL?
You can register for a LLQP course directly at https://seewhylearning.com/llqp. For any questions related to SWL, please contact Support@seewhylearning.com or 888-973-3949.
I’m currently registered in an IFSE LLQP course. What happens to my enrolment?
If you are currently registered in an LLQP course with IFSE, you will have the earlier of your enrolment date or June 15, 2025 to complete your studies with us. After this date, you will be transitioned to SWL to complete your enrolment.
For example, if your enrolment period ends on May 15, 2025, then you will have until that date to finish your course. If your enrolment period ends on September 30, 2025, then you will have until June 15, 2025 to finish your course with IFSE. As described above, students that have not completed by June 15, 2025 will be transferred to SWL.
How do I complete my studies with IFSE?
You are required to successfully pass all modular exams in your course. The last day to write an exam is June 15, 2025.
LLQP exams are available on-demand 24/7 and delivered through IFSE eTest, a computer-based online proctored exam platform. Visit the IFSE eTest info page for more information.
What if I can’t finish my studies before June 15, 2025?
If you are enrolled in an LLQP course and it is in an active status as of June 16, 2025 (i.e. you still have time and exam attempts available), your course enrolment will be transferred to SeeWhy Learning. The transition period will take three days and you will be able to log in to the SeeWhy Learning student portal on June 19, 2025. Please note that during this transition period, certification exams will be unavailable.
How will I access my SeeWhy Learning account on June 19, 2025?
After the transition period, you will no longer log in through the IFSE portal. Instead, visit SeeWhyLearning.com and click on “Student Portal” Your username will be your email address on file with IFSE, and you’ll need to click “Reset Password” the first time you log in.
Key Dates:
Last day to write an LLQP exam: June 15, 2025 (11:59 pm Eastern Time)
Deadline to finish your LLQP course: June 15, 2025 (11:59 pm Eastern Time)
Blackout period for certification exams: June 16 – 18, 2025
First day to log in to SeeWhy Learning: June 19, 2025
We appreciate your understanding and cooperation during this transition. If you have any questions or need further assistance, please do not hesitate to contact us. Thank you for your continued support.