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CIPM (Certificate in Investment Performance Measurement)

The only specialized credential for investment performance measurement; deep alignment with GIPS makes it the de facto credential for performance-team hires at large asset managers.

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Founded

2006

HQ

Charlottesville, VA, USA

Target Audience

Performance analysts, performance & attribution specialists, GIPS compliance officers, investment-consulting analysts.

Key Features

  • Two levels: Principles (100 MCQ, 2.5 hours) and Expert (80 item-set questions, 3 hours)
  • Exams offered twice per year (March, September) via online proctoring
  • Curriculum covers performance calculation, attribution, manager evaluation, presentation, GIPS standards
  • Tight alignment with Global Investment Performance Standards (GIPS) — the global compliance framework for performance reporting
  • 2 years of professional experience required for certificate
  • Pass rates: Principles ~63%, Expert ~60% (recent cycles)
  • ~1,400+ active CIPM certificants globally

How to Get This Certification

Prerequisites

No degree required. 2 years of professional experience in investment performance, GIPS compliance, or related field required for certificate.

Why Get Certified — ROI

Salary Impact

Limited published data. Robert Half 2024 US Salary Guide cites performance analyst median total compensation: $95,000-$130,000; CIPM holders skew toward upper range.

Career Benefits

What makes this stand out
The only specialized credential for investment performance measurement; deep alignment with GIPS makes it the de facto credential for performance-team hires at large asset managers.
Industry recognition
CFA Institute proprietary.

Who Should Get This Certification

Ideal for:

  • Performance analysts
  • performance & attribution specialists
  • GIPS compliance officers
  • investment-consulting analysts.

Consider alternatives if:

  • Extremely niche — useful only for performance-team and compliance roles
  • Limited career-mobility leverage outside performance functions

Pricing

Pricing varies.

Weaknesses

  • Extremely niche — useful only for performance-team and compliance roles
  • Limited career-mobility leverage outside performance functions
  • Smaller global community (~1,400 holders) limits networking value vs. CFA
  • Often pursued as a side credential by existing CFAs rather than as primary credential

Markets Served

Global

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Disclosure: This page contains affiliate links.

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