IMC Unit 1 - The Investment Environment
IMC Unit 1 provides students with a basic knowledge and understanding of the UK regulatory environment, the conduct of investment businesses, UK markets and of taxation of investments.
Unit 1 syllabus coverage >
IMC Unit 2 - Investment Practice
IMC Unit 2 provides students with knowledge and understanding of investment instruments, as well as an understanding of the construction and management of investment portfolios, economics, accounting and statistics.
Unit 2 syllabus coverage >
IMC, CFA® and the Retail Distribution Review (RDR)
RDR compliance with the CFA® and IMC
The CFA® plus (Level 4) IMC Unit 1 has been approved as RDR compliant for those advising and dealing in securities and derivatives.
The combination of these two qualifications has been listed (on the new Appropriate Exams list) as fully meeting the requirements of the Retail Distribution Review (RDR). Note that this works in combination; IMC Unit 1 or the CFA® alone are not RDR compliant.
IMC can also provide a route to RDR compliant status when combined with a technical paper (Securities or Derivatives) from the CISI Investment Advice Diploma (IAD).