NEW £2,500 HOARE NAIRNE SCHOLARSHIP AWARDED - Top Stories news and analysis from Global Banking & Finance Review
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NEW £2,500 HOARE NAIRNE SCHOLARSHIP AWARDED

Published by Gbaf News

Posted on April 10, 2014

2 min read

· Last updated: March 6, 2019

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Philip Firmin Wins Hoare Nairne Scholarship

The Chartered Institute for Securities & Investment (CISI) is delighted to announce that Philip Firmin Chartered MCSI of AJ Bell Securities has been awarded the Hoare Nairne Scholarship.

The new Scholarship, worth £2,500 towards study costs, is awarded by the CISI Educational Trust, supported by a donation from Charles Hoare Nairne to cover the costs of the Scholarship for the foreseeable future.

Simon Culhane and Philip Firmin

Simon Culhane and Philip Firmin

Purpose of the Hoare Nairne Scholarship

The aim of the Scholarship is to help the successful candidate study towards CISI’s premier qualification, the CISI Masters in Wealth Management.

About the CISI Masters in Wealth Management

The CISI Masters in Wealth Management qualification comprises three units: Financial Markets, Portfolio Construction Theory and Applied Wealth Management, normally taken over 18 months, with sittings in June and December.

Scholarship Application Requirements

Scholarship candidates were asked to submit an essay on “Has the Retail Distribution Review helped the saver?”.

Recipient Reactions and Congratulatory Remarks

On receiving the Scholarship, Philip, who has previously completed the CISI Diploma in Investment Compliance, said: “I am thrilled to be awarded this prestigious scholarship. I look forward to the challenges of studying for the CISI’s pinnacle qualification.”

Simon Culhane Chartered FCSI and CISI CEO said: “Many congratulations to Philip who has shown himself to be a worthy recipient of this new Scholarship. We wish him every success in his studies.”

Key Takeaways

  • CISI awards the Hoare Nairne Scholarship annually to one UK resident for the Chartered Wealth Manager qualification.
  • The scholarship, funded by the CISI Educational Trust via a donation from Charles Hoare Nairne, provides £2,500 towards tuition and exam costs.
  • Philip Firmin of AJ Bell Securities has been named the recipient of the new scholarship this year.
  • Candidates applied by submitting an essay; Philip previously completed the CISI Diploma in Investment Compliance.
  • The qualification spans three units—Financial Markets, Portfolio Construction Theory, and Applied Wealth Management—over approximately 18 months.

References

Frequently Asked Questions

What is the Hoare Nairne Scholarship?
An annual £2,500 award by the CISI Educational Trust to support a UK resident studying for the CISI Chartered Wealth Manager qualification.
Who funds the scholarship?
It is funded by a donation from Charles Hoare Nairne and administered by the CISI Educational Trust.
Who won the scholarship this year?
Philip Firmin, Chartered MCSI, of AJ Bell Securities was awarded the new Hoare Nairne Scholarship.
What qualification does it support?
It supports study toward the CISI Chartered Wealth Manager qualification, which includes Financial Markets, Portfolio Construction Theory, and Applied Wealth Management.
How are candidates selected?
Candidates submit an essay addressing a specified topic and must hold an appropriate benchmark qualification to be eligible.

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