Taking too long? Close loading screen.

Certificate in Investment Performance Measurement (CIPM)

What is a ‘Certificate in Investment Performance Measurement (CIPM)’

The Certificate in Investment Performance Measurement (CIPM) signifies competency in the evaluation of the investment performance of investment firms. Moreover, the CIPM designation develops an individual’s skills in risk evaluation, manager selection, and investment reports based on accountability. It is issued by the CFA Institute and has two levels: Level I and Level II.

Breaking Down ‘Certificate in Investment Performance Measurement (CIPM)’

The reasoning behind the Certificate in Investment Performance Measurement designation is that there are many ways performance results may be measured and disclosed, and give the complexity of such a task, evaluating investment managers and products requires a broad range of skills. A CIPM holder will be certified in discerning different investment reporting methods, and measuring and evaluating risk. The ultimate goal of the CIPM designation is to make better investment decisions and maximizing investors’ value.

There are several jobs that may be available to CIPM holders. They include, but are not limited to, the following: performance analyst, client and investment manager relationship manager, compliance officer, sales and marketing professional, financial adviser and more.

Certificate in Investment Performance Measurement Requirements

There are no entrance requirements to enter the CIPM Level I program, but during the registration process candidates must agree to the CIPM Code of Ethics and Standard of Professional Conduct. CIPM candidates must have two years of professional experience in a position that involves performance-related activities including:

  • Calculating, analyzing, evaluating, or presenting investment results
  • Providing consulting, technological, legal/regulatory or accounting services directly in support of such activities
  • Verifying compliance with the GIPS standards
  • Supervising, directly or indirectly, persons who practice such activities
  • Teaching such activities

Alternatively, candidates may have at least four years of professional experience in the investment industry that involves the following:

  • Evaluating or applying financial, economic, and/or statistical data as part of the investment decision-making process
  • Marketing investment management services
  • Monitoring an investment firm’s compliance with applicable laws, regulations, and standards
  • Evaluating or recommending investment managers
  • Supervising, directly or indirectly, persons who practice the activities set forth above
  • Teaching such activities

Chartered Financial Analyst (CFA) charterholders and candidates who have completed the Level III CFA exam can skip the CIPM level I exam and register for the CIPM Level II. Continuing education requirements are 45 hours every three years. For more, see FINRA’s CIPM professional designation informational page.

Certificate in Investment Performance Measurement Test

The CIPM exam is given twice a year, in March and September. For the March exam, registration generally opens Oct. 1 and runs until Jan. 31, and the testing window runs for two weeks beginning in the middle of March. For the September exam, registration generally opens April 1 and runs until July 31, and the testing window runs for two weeks beginning in the middle of September. For more on scheduling, windows and scholarship periods see the CIPM Exam Calendar page. Fees for the program are $475 for early registration (May 31 deadline) and $675 for standard registration (July 31 deadline). The CIPM Program also offers scholarships to students and faculty participating in its University Affiliation Program. The test itself involves two 180 minutes examinations that are both proctored and closed-book. For more, see the CIPM Program on the CFA Institute’s website.

Source link

About the author



Click here to post a comment

  • Its like you read my thoughts! You seem to grasp a lot approximately this, like you wrote
    the guide in it or something. I believe that you just can do with some % to drive the message house a bit,
    but instead of that, that is excellent blog. An excellent read.
    I’ll certainly be back.

  • Ever since Forex Autopilot hit this market some time ago, it
    has definitely created quite a stir in the forex community.

    But does it live up the actual reputation? This forex autopilot review examines whether or not it’s a worthwhile investment.

  • If your child is into playing hoops, he might look for ways to improve his game.
    Basketball shooting and other skills associated with the
    game take a lot of prepare. Basketball training is
    easy if you have the right equipment on hand.
    If your child takes an enjoyment in the sport
    and decides to pursue is actually his free time, you
    should encourage practice. It does not matter whether he wants perform just for fun, for a school or community league or expecting getting a sports scholarship from
    the neighborhood college, there are plenty of great practice
    options that can be combined to help him improve his game.
    In addition into the organized game time and practice time, there are lot of
    things he can do on his own time to get better and better proficient
    at playing.

  • Its such as you learn my thoughts! You seem to understand a lot about this,
    such as you wrote the e-book in it or something. I think
    that you just could do with some percent to pressure the
    message house a little bit, however instead of that, this is magnificent blog.
    An excellent read. I will certainly be back.