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SIP Credential  
Program Description
SIP Online Application
SIP Credential Requirements
SIP Grandfathering Requirements
SIP Test-Out Option
SIP Program Fees
Tuition Reimbursement
Recommendation Letter Templates

SIP E-Courses  

For descriptions of these courses and additional eLearning courses offered by SOF, click on the courses below or go to the eLearning page.
SIP Level I
  US Corporate Actions Introduction
  US Securities Industry Basics
  US Corporate Actions Types
  US Brokerage Processing
  US Custody Processing
  Ethical and Professional Standards
SIP Level II
  US Corporate Actions Processing
SIP Level I
  US Instruments - Equities
  US Instruments - Fixed Income
  US Investment Management Processing
SIP Level II
  US Mutual Funds Introduction
  Foreign Currency Processing
  International Regulations and Standards
  International Markets and Instruments
  International Securities Processing
SIP Level III
  Internet and Technology
SIP Level II
  US Listed Equity Options
SIP Level III
  US Instruments - Structured Securities
  US Margin Lending and Processing
SIP Level I
  US Regulators and Legislation
  US Trading
SIP Level II
  Global Custody Processing
  US Corporate Actions Information
  International Securities Participants
  Operations Risk and Compliance
SIP Level III
  Introduction to US Trust
  US Instruments - Derivatives
  US Mutual Fund Processing
  US Securities Lending
  US Instruments - Credit Derivatives

SIP Program Fees


SIP Credential program pricing for ISITC members and non-members

The listed fees for the SIP Credential Program include fees for the Credential Application, Credential Exam Fee and designated Level courses. For each level, one year of Continuing Education is also included.

Category Cost for
ISITC Members
Cost for
Non-Members
Comments

Level I

$975

$3,275

Fee paid with the application

Level II

$1,050

$3,825

Fee paid with the application

Level III

$1,050

$3,825

Fee paid with the application

Extension Fee (Six months extension)

$250

$400

Required if a level is not completed in 12 months

Annual Fee (including Continuing Education tracking)

$250

$400

Required to maintain credential if not registered for another level

Credential Exam Repeat Fee 

$125

$150

Required if a Final Exam must be repeated for any level

Grandfathering Fee per level

$475

$550

One time fee for each level
Note: The annual fee is required to maintain the credential after the first year

Test-Out Option Fees

The fee depends upon the number of courses taken.

Courses
Taken

Total Fee

Non-ISITC

1

1,075

2

1,350

3

1,625

4

1,900

5

2,175

6

2,450

7

2,725

8

3,000

9

3,275

10

3,275

11

3,275