How does the CIPM program differ from the CFA Program?
The CFA Program is a generalist study and exam program for investment professionals, anchored by a practice-based curriculum and focused on the knowledge essential to the investment decision-making process. The study material is generally equivalent to graduate-level coursework and includes ethical and professional standards; quantitative methods; economics; financial statement analysis; corporate finance; the analysis of equity, debt, derivatives, and alternative investments; and portfolio management. CFA candidates’ mastery of the body of knowledge is tested in three six-hour exams. The CIPM program is a specialist study and exam program for investment performance professionals. The candidate body of knowledge includes professional ethics; performance measurement, attribution, and appraisal; and the Global Investment Performance Standards (GIPS). CIPM candidates’ mastery of the pertinent body of knowledge is tested in two three-hour exams.
