Certificate in Ethical Artificial Intelligence (AI)

A short online course with tests and a certificate involving 12 hours of learning

This short course, involving 12 hours of online study, is essential learning for anyone wanting to understand the fundamental ethical and management issues in the deployment of AI in financial and professional services.


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Why study this course?

AI systems rely on large amounts of data, which raises privacy concerns. Without ethical guidelines and regulations in place, the misuse or mishandling of data can result in harm to individuals or groups. There are also large and widely misunderstood and misinterpreted implications for professionals working in financial services.

Ideally, AI systems are transparent, accountable and inclusive, and do not reinforce or amplify existing inequalities. As AI becomes more advanced and widespread, there are growing concerns about issues such as bias, transparency, accountability, safety – and employment trends. If people do not believe that AI is being developed and used in a responsible and ethical manner, they hesitate to use or interact with beneficial technologies. Our ethical AI initiative, part of the 695th Lord Mayor of the City of London’s Ethical AI Initiative, aims to help ensure that AI is developed and deployed in ways that benefit society while minimising potential harm.

This short course is essential learning for anyone wanting to understand the fundamental ethical and management issues in the deployment of AI in finance.

The 695th Lord Mayor's Ethical AI Project

We are working closely with the 695th Lord Mayor, Alderman Professor Michael Mainelli Chartered FCSI(Hon), on his Ethical AI Initiative. The project aims to establish ethical guidelines and principles for AI development to encourage transparency and accountability in AI systems. For financial professionals, we are pleased to launch the CISI's new Ethical Challenges of AI certificate. The Initiative is developing other professional sectors as well.



“AI has the potential to affect society and individuals materially in both positive and negative ways. Rapid development of AI technology means that ethical considerations must be taken into account from the beginning of the design process”
says Michael Mainelli, Chartered FCSI(Hon), Lord Mayor of the City of London 2023–24 and patron of the 695th Lord Mayor’s Ethical AI Challenge.

What are Professional Assessments?

These newly developed short online self-learning courses combine first-class content with a test and a formal certificate of achievement in one cost-effective package. Developed with experts and subject specialists, our Professional Assessments contain the most relevant and up-to-date material on the key topics which affect the financial services sector today. A mix of interactive content, the course comprises videos, interviews, reading and extra references and supporting materials that enhance your understanding as you learn.

Undertake the learning at your own pace and then sit the test at the end when you are ready. Like our Professional Refresher e-learning modules and world-renowned examinations, Professional Assessments are flexible, so you can choose when to study and when to take the test.

There are short tests at the end of each module.



Key features


Short course of online self-learning with a certificate when you pass


Covers all the fundamental information needed by professionals


Understand the key terminology and issues and enhance your employability by demonstrating your competence


Written by experts for financial services practitioners


Global perspective and overview of an essential subject


Can be taken anytime and anywhere on any device

Who is it for?

If you are looking for a course that covers what the main definitions are, an understanding of AI and its ethical challenges, what the global developments are and how regulators are reacting then this Professional Assessment provides an excellent overview. Designed by a global team of experts, this course is relevant to anyone working across the financial services sector, from individual client relationships to the global capital markets, and across the range of experiences, from the best and brightest starters in our profession, to accomplished board professionals needing to understand the new realities. Completion of the course will give you a certificate that you can use to demonstrate your competence in this area.

Gain a certificate to demonstrate your competence in this subject without having to sit a full exam.

The course

This Professional Assessment is an online course you can study anytime, anywhere and on any device. A mix of interactive content, the course comprises videos, interviews, some reading, extra references, and materials that may enhance your learning. The course seeks to give you a comprehensive understanding across a variety of materials. Undertake the learning at your own pace and then take the mandatory module tests at the end when you are ready.

The course content is structured differently for CISI members and non-members.

 Frequently Asked Questions

Members
The course for members comprises four mandatory modules with online tests (8 hours total) and an additional 4 hours of flexible CPD in AI learning via the CISI Learning Platform.
  • Ethical AI and Professional Codes of Conduct
  • Risk Management in AI
  • Strategic Approaches to AI
  • Tactical Development of AI (Executive Management)
  • Additional four hours of CPD in AI learning via the CISI Learning Platform
Non-members
The non-member course comprises five mandatory modules with online tests (10 hours) and a further module of curated AI learning (2 hours) for a total of 12 hours of learning.
  • AI - An introduction
  • Ethical AI and Professional Codes of Conduct
  • Risk Management in AI
  • Strategic Approaches to AI
  • Tactical Development of AI (Executive Management)
  • Further module containing curated AI learning (videos/articles)


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Member price

Includes 1 year access to the Professional Assessment

Two attempts at the end of module test1

Your membership discount will be automatically applied at checkout

£60
Save £90
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Non-member price

Includes 1 year access to the Professional Assessment

Two attempts at the end of module test1

£150
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1After two unsuccessful attempts at an end of module test, subsequent tests will cost £20 per module.