Ghana Stock Exchange course has been restructured and now called the GISI Professional Pathway. It has four levels namely: Foundation, Intermediate, Legal and Regulatory Framework and the Professional Level. At the Professional Level, students are required to select any one of the underlisted courses for specialization. The GISI – CISI Qualification Pathway is an international programme collaborated between the Ghana Investment and Securities Institute (GISI) and the Chartered Institute for Securities and Investment, UK (CISI). It has four levels; Basic, Advanced, Legal and Professional. Specialization is done at the professional level.

Holders of CFA certificates and individuals with partial completion of former GSE Securities courses may apply for exemptions.

There are no exemptions. Every candidate is required to take the course from the Basic or Foundation level through to the Professional level no matter the qualifications of the individual. Holders of CFA certificates and individuals with partial completion of former GSE Securities courses may apply for exemptions.

A candidate will write one (1) exam per every level. In total, four (4) exams for the four levels.

A candidate has the opportunity of writing three (3) papers in a year and the other paper, the ensuing year, as indicated on our calendar, provided a student is able to pass all the levels.

Students are required to take a level at a time. Successful candidates at a particular level will progress to the next level.

GISI award certificates after the successful completion of every level and a final certificate for all the levels. GISI, in collaboration with the CISI, issues the Legal certificate. Candidates who have successfully completed the legal and regulatory framework should visit the Qualifications and Assessments section via this link and follow the provided instructions: Link 1 Link 2

Exam bookings require at least 48 hours for confirmation. Please report any challenges regarding exam booking to gisiinstitute@gmail.com or call 0303959039.

At the Professional Level of the GISI Professional Pathway, all students are required to study the Financial Markets Infrastructure manual, although it is non-examinable.

Please note the following course combinations based on the chosen professional level course:

• Securities Trading: Securities Trading, Risk Management, Investment Analysis, Corporate Finance.
• Wealth and Portfolio Management: Wealth and Portfolio Management, Risk Management, Investment Analysis
• Corporate Finance: Corporate Finance, Risk Management, Investment Analysis
• Risk Management and Investment Analysis: Risk Management, Investment Analysis

Successful candidates, if attached to a firm, will be certified by the Securities and Exchange Commission, Ghana (SEC) if they meet all other requirements of the Commission. Please direct any inquiries regarding licensing to licensing@sec.gov.gh

Such persons are required to send their certificates and transcript of the levels they completed under the old course to the Institute via gisiinstitute@gmail.com , confirmation will be done from the GSE and then a determination will be made on the level they are to continue from the GISI Professional Pathway