What are Financial Designations?
Financial designations are offered by financial professional societies in different subject areas. Financial designations are intended to distinguish which financial advisors have gone an extra step in gaining additional knowledge about a specific financial area. Generally, candidates for financial designations must qualify by completing education and/or coursework and passing an examination or series of examinations. To maintain financial designations once they are attained, a certain number of continuing education hours are generally required each year. For example, the Certified Internal Auditor (CIA) designation is offered by the Institute of Internal Auditors (IAA), which is the professional organization for internal auditors. To qualify to sit for the CIA exam, a candidate must have a bachelor’s degree or equivalent work experience, provide a character reference, and have 24 months of internal audit experience. Then the candidate must pass a four part examination. After passing t
Related Questions
- At present you allow financial advisers to use their insurance and financial planning designations, can someone who qualifies for two Chartered titles use both as well?
- What is the difference between a FPC (Financial Planning Certification) Designation and the CFP® (Certified Financial Planner) Live Review?
- What are Financial Designations?
