NICSA Offers Mutual Fund Training Course

September 24, 2001 ( - The National Investment Company Service Association (NICSA) has launched an online learning center, featuring the Mutual Fund Industry Specialist (MFIS) Certificate Program.

Developed by Acadient of Boston, the MFIS Certificate Program is the first in a series of online education and training offerings in the NICSA Online Learning Center.

It is designed to provide financial services industry employees with a comprehensive overview of the mutual fund industry, including history, regulations, providers and structure in the US.


Financial services firms can use it as part of employee training, for compliance with firm element requirements, as part of an employee development, compensation, and promotion program, or an enterprise-wide education and training program.

The program, comprised of 14 cources, is based on NICSA’s book, A Purely American Invention: The US Open-End Mutual Fund Industry by Lee Gremillion, Ph.D, a partner at PricewaterhouseCoopers.

The MFIS designation will be awarded to students who successfully complete the Program or specific tracks in the Program and pass the examinations. Students will receive a certificate from NICSA and the right to use the MFIS designation on their correspondence and business cards.