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ISO 10962, known as Classification of Financial Instruments (CFI), is a six-letter-code used in the financial services industry to classify and describe the structure and function of a financial instrument (in the form of security or contract) as part of the instrument reference data.
Receive and log training, as well as obtain a logbook endorsement from your CFII on the following areas of operation: preflight preparation, preflight procedures, air traffic control clearances and procedures, flight by reference to instruments, navigation systems, instrument approach procedures, emergency operations, and postflight procedures.
Instrument rating refers to the qualifications that a pilot must have in order to fly under instrument flight rules (IFR). It requires specific training and instruction beyond what is required for a private pilot certificate or commercial pilot certificate, including rules and procedures specific to instrument flying, additional instruction in meteorology, and more intensive training in flight ...
Practical Test Standards or PTS are sets of guidelines, standards, and criteria formerly used in the United States by Federal Aviation Administration (FAA) Safety Inspectors or Designated Pilot Examiners to determine the suitability of airmen to be issued an airman certificate by conducting a checkride.
An instrument rating is required for some type ratings. In the United States some type ratings can be issued with a "visual flight rules (VFR) only" limitation when the type rating checkride was conducted without instrument flight rules (IFR) approaches or operations, but only VFR maneuvers and procedures. This is most typical in older aircraft ...
In addition to successfully completing a checkride, one must also complete an oral examination (which happens before, and often, to some extent, during the checkride) and meet certain basic aeronautical experience requirements (such as number of hours flown) as well as pass a separate multiple-choice computer-administered test that is quite ...
Corporate Finance Institute (CFI) is an online training and education platform for finance and investment professionals based in Vancouver Canada. It provides courses and certifications in financial modeling , valuation , and other corporate finance topics.
A Designated Pilot Examiner (commonly referred to as a DPE) is a senior pilot designated by the FAA to conduct oral examinations and inflight or flight simulator checkrides (collectively called "practical tests") with pilot applicants to determine their suitability to be issued a Pilot Certificate or additional rating on their Pilot Certificate.