Difference Between Claritas and IMC

Looking at both of these courses, you will find them affordable with many benefits. First, however, you must choose between the two, and we will guide you in the following ways. But before that, you need to understand a few things.

  • First, you should opt for the Claritas® Investment Certificate if you want a lot of flexibility. This exam is pretty easy to clear, and the mode is also very convenient. IMCIMCThe CFA Society of the UK conducts the Investment Management Certificate (IMC) program. The CFA UK’s sole purpose is to create and maintain high professional standards of ability and practice in investment analysis, portfolio management, and related disciplines.read more (Investment Management Certificate) is also very good. However, it is more stringent than Claritas®.Second, Claritas® and IMC both have almost zero entry barriersEntry BarriersBarriers to entry are the economic hurdles that a new entrant must face in order to enter a market. For example, new entrants must pay fixed costs regardless of production or sales that would not have been incurred if the participant had not been a new entrant.read more. So, if you choose to do any or both of them, there’s no exam requirement. You only need to be good at English.Both are courses for people who want to add some knowledge to their portfolio. Although they cannot replace the value of doing CFA or CPACFA Or CPAThe certified public accountant is for those candidates who seek a career in accounting, auditing and taxation. At the same time, chartered financial analyst prepares candidates for investment portfolio management and corporate finance profiles.read more, or other financial domain programs, the value of Claritas® and IMC courses is quite good.

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What is Claritas?

Claritas® is one of the best investment courses globally and is organized by one of the best institutes in the world – the CFA institute.

  • The best part of the Claritas® program is that you don’t need to have entry requirements or prior qualifications to sit for the exam in Claritas®. The only requirement is English proficiency in understanding the study material and giving the exam.Another beautiful thing about Claritas® is that it’s only a 100 hours program, and you can do it at your pace. CFA Institute will provide all the materials (including eBooks and mock tests), and you need to prepare and take the exam within six months from the registration date.The exam for this course is just 2 hours. You will be required to answer 120 multiple choice questions, and you’re done.The fees for this course are very affordable. Getting a globally recognized course within this range is a boon.

What is IMC?

If you want to boost your career or be called an expert in the investment domain, choose this course. It is more popular in the UK as the CFA society organizes it but is relevant worldwide.

  • It consists of only two units, and you merely need to study for 180 hours.The exam methodology is unique and helpful for students. Students can attempt this exam four times a year. As the percentage of marks is great, most students pass this exam without any issue.

Claritas vs. IMC Infographics

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Claritas vs. IMC Summary

Key Differences Between Claritas and IMC

  • Fees: The fees for IMC are a bit higher than the Claritas®. Even if the difference is only a few thousand dollars, sometimes it makes a huge difference (hint – what if you don’t clear IMC in one go).Convenience: Claritas® is much more convenient than IMC. If you want to pass Claritas®, you only need to sit for an hour or two. But for IMC, you need to sit separately for Unit-1 and Unit-2 examinations.Entry requirements: Both of the programs don’t require any prior qualifications. But to complete IMC, it’s recommended that one completes their bachelor’s degree program.Comprehensiveness: If you observe the syllabus of Claritas® and IMC, few subjects are similar. But the syllabus of IMC is more precise, whereas the curriculum of Claritas® is more comprehensive.

Why pursue Claritas?

There are a few fundamental reasons for which students should pursue Claritas®.

  • Module – 1: – Chapter 1 – The investment industry: A top-down approach

  • Module – 2: – Chapter 2 – Ethics & Investment Professionalism – Chapter 3 – Regulation

  • Module – 3: – Chapter 4 – Microeconomics – Chapter 5 – Macroeconomics – Chapter 6 – Economics of International Trends – Chapter 7 – Financial Statements – Chapter 8 – Quantitative Concepts

  • Module – 4: – Chapter 9 – Debt Securities – Chapter 10 – Equity Securities – Chapter 11 – Derivatives – Chapter 12 – Alternative Investments

  • Module – 5: – Chapter 13 – Structure of the Investment Industry – Chapter 14 – Investment Vehicles – Chapter 15 – The functioning of Financial Markets

  • Module – 6: – Chapter 16 – Investors & Their needs – Chapter 17 – Investment Management

  • Module – 7: – Chapter 18 – Risk Management – Chapter 19 – Performance Evaluation – Chapter 20 – Investment Industry Documentation

  • A candidate survey found that most of the candidates (almost 76%) want to pursue Claritas® because they want to increase their industry knowledge.43% of the candidates did the course because it is affiliated with one of the top-notch institutes globally – the CFA institute.30% believed that Claritas® would boost confidence in carrying out tasks in their current work domain.27% wanted to do the course because they wanted to understand the value of getting a global professional network handy as a value addition to the course.24% wanted to improve their career graph and thus went for the Claritas® course.Moreover, it would be best if you found why you want to pursue a Claritas® course. But the above survey covers almost everything students should do it for.

Why pursue IMC?

  • Students should pursue IMC because it is one of the top-rated investment courses in the world. It is very flexible for students who are working professionals.The syllabus of IMC is very much precise. There are only two units. Out of which, there are a total of 17 topics. You can study at your own pace. The only thing is you need to sit for the exam within one year of the registration date.You will see that IMC teaches you about investment; it also covers management studies. Knowing about investment is not enough. You also need to know how to manage things in a professional setting. So, IMC is a culmination of both courses, making them unique and attractive to its students.

Conclusion

Business Philosopher Jim Rohn said that – “No matter what you do, make sure everything that you do is the product of your conclusion.” Take this advice to heart. Claritas® and IMC are both excellent courses. But after going through the material, you need to decide which applies to your setting.

Choosing a course over other courses is an overwhelming task. Thus, we gave the details of what you should pay heed to and what you should ignore.

But here’s what we think you should do. Of course, these are hypothetical situations, and they may or may not work in your professional career. However, if you want to enter the investment domain or start an investment analysis course, there is no more comprehensive course than Claritas®.

Moreover, it doesn’t require any prior qualifications, and you also don’t need to have any work experience in the same domain. So, if you’re working for IT, you can shift and do this course and join an organization that will let you take care of the investment analysis domain.

If you want to go for something core-based investment course, do IMC along with CFA. If you do both IMC and CFA, nothing is more lethal than that.

This has been a guide to Claritas vs. IMC. Here we discuss the differences between Claritas and IMC, infographics, and why to pursue them. You may also have a look at the following articles –

  • Claritas vs CFP- CompareClaritas vs. CFA – DifferencesDifference Between CIPM and IMCCFA vs. CFQ – Which is Better?