The Certificate in Investor Relations (CIR) is an internationally recognised entry-level qualification in investor relations (IR). This version administered in Singapore is jointly structured by the Investor Relations Society of UK and the Investor Relations Professionals Association (Singapore) [IRPAS]. It is regarded as an essential prerequisite for those entering the IR profession.
Download CIR Brochure & Registration Form.
Note that SGX Training Grant can be used for this programme. For more queries (after reading through the CIR Brochure), please e-mail to cir@irpas.com.
The Certification
The CIR qualification ensures an appropriate level of factual knowledge of both the regulatory requirements and the financial and market environment, which will enable the practitioner to operate competently and safely.
The benefits of obtaining the Certificate include:
- Demonstrates competence in the field
- Enhances career development
- Provides professional recognition within the IR and investment communities
Details of the qualification:
The qualification is for everyone working in investor relations or considering a move into investor relations, either in Singapore, the UK or overseas.
While CIR is running in the UK, Russia, Malaysia and Hong Kong, the Singapore version will be specially customised for the Singapore market with Section 4 containing materials related to the Singapore Regulatory Environment and Stock Market.
Candidates are advised to spend at least 50 hours of studying time, in additional to practicing the mock exam, to prepare for the final exam.
The qualification is assessed by a one-hour examination comprising 60 multiple-choice questions, based on the topics set out in the syllabus.
Candidates who passed the examination will be awarded the Certification jointly issued and recognised by both IRPAS and IR Society UK.
"This initiative by IRPAS is a natural and important step in the evolution of the investor relations industry and its standards in Singapore. We therefore
encourage our listed companies to support this initiative that will bring benefits to their relationship with shareholders and investors."
Lawrence Wong, EVP — Singapore Exchange Limited
The Process
- Register for the programme and make payment (details available in CIR Brochure)
- Receive CIR Study Notes and Mock Exam details
- Attend CIR Revision Course for Sections 1, 2, 3 & 5
- Sit for Exam
- Receive Certification (when pass exam)
* Candidates will be able to select from one of two sets of revision course and exam dates available for 2012. Cut off date for registration will be two months before selected exam date. Candidates are not allowed to postpone selected revision course date within two months from exam date. If candidates could not make it for the exam date and inform us at least two weeks in advance in writing, they are allowed to sit for the next exam date. However, if the candidate fails the exam and wishes to retake the exam, an administration fee of S$50.00 nett is chargeable each time. Candidates are allowed to take a maximum of three exam sittings to pass the exam. Thereafter, candidates will have to register for the programme again and receive updated set of study notes.
CIR Syllabus
1. Introduction to investor relations
1.1 Aims and objectives of IR
1.2 Why companies need IR
1.3 Skills and responsibilities of the IR function
1.4 Communication with target groups
1.5 The day-to-day business of IR
2. Companies and regulation
2.1 Limited companies
2.2 Companies Act 2006
2.3 Statutory reporting & financial reporting calendar
2.4 AIM companies
3. Financial markets
3.1 Financial markets
3.2 How equity or stock markets work
3.3 Equity investors
3.4 Debt investors
4. Singapore regulatory environment and stock market
4.1 Singapore Exchange (Mainboard and Catalist) listing requirements
4.2 Methods of Offering
4.3 Immediate Announcements & Corporate Disclosure Policy
4.4 Periodic Reports
4.5 Equity Securities — Other Obligations
4.6 Changes in Capital
4.7 Extracts from Singapore Securities and Futures Act
4.8 SGX-ST Rules – Market Structure
4.9 Clearing Fund
4.10 Market Indices
4.11 Code of Corporate Governance 2005
4.12 Guide to Sustainability Reporting for Listed Companies
5. Accounting valuation and investment principles
5.1 Introduction
5.2 Time value of money
5.3 Valuation models and measures
5.4 Portfolio theory and risk & return
5.5 Accounts
5.6 Price-earnings ratio