CIPM® Program
Registration is currently closed and will reopen on 1 March 2025.
Policies
Our policies and procedures protect the integrity of the CIPM Program, ensuring the exam process is fair for all candidates. It is your responsibility to read and understand all policies set forth by CFA Institute. When you register as a candidate, you must agree to abide by the policies listed here (please note that they are updated from time to time).
Registration criteria and requirements
To become a CIPM candidate, you must enroll in the CIPM Program and register for the Level I exam*. All the following requirements must be met for you to enroll:
*If you are a CFA charterholder or candidate who has successfully completed the Level III CFA exam, you can register directly for Level II CIPM.
CFA Institute requires that every CIPM candidate has a valid international travel passport. If you do not have a passport, you will not be able to sit for your exams.
CIPM exams are only offered in English. Exams require English proficiency for reading comprehension and formulating answers to complex financial scenarios.
We expect all CIPM candidates to follow our Code of Ethics and Standards of Professional Conduct (Code and Standards). To show that you will do this, you must complete a Professional Conduct Statement.
There are some locations that CFA Institute cannot work in – please review the OFAC Policy to check if there are any sanctions on your country.
The CIPM Program is not yet offered globally. We are working to expand the certificate into additional markets. At this time, for example, we are not able to test candidates based in Mainland China. We are working with local regulators to obtain approval to test candidates in the region. Once approval is obtained, we will update this notice.
Access CIPM policies and procedures
We want you to be informed when you become a candidate in the CIPM Program. Here are the policies that you will need to know.
These are the instructions you must follow in order to take your CIPM exams. You are responsible for scheduling your appointment with Prometric (our online exam platform) at least nine days before your exam window closes.
Find out the two calculator models that are authorized for use during CIPM exams.
The Code of Ethics and Standards of Professional Conduct (Code and Standards) are the ethical benchmark for investment professionals around the globe. As a CIPM candidate, you are required to follow the Code and Standards.
Learn what items are permitted in the testing room.
Learn what criteria qualifies you for a refund and Deferral Policy for the CIPM exam.
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Exam disability accommodations
We're committed to offering the CIPM exams in a manner and location accessible to people with disabilities and in compliance with legal regulations. Legal regulations apply if you have a significant impairment that limits your ability to sit for the exam.
We don't guarantee that requests for special testing accommodations will be granted, regardless of whether you have previously received special testing accommodations.
CIPM® Program
- Credential - 2 levels / 2 exams
- Advanced level
- 155 hours per level
- Self-paced online learning
- Learning materials included
Frequently asked questions
There are no specific prerequisites for enrolling in the CIPM Program, although candidates typically have some experience in investment performance measurement, analysis, or a related field.
Earning the CIPM designation helps professionals gain advanced knowledge in performance attribution, GIPS® Standards, and risk management, improving career prospects and credibility in the investment industry.
The CIPM Program consists of two levels and can typically be completed within 18 months, depending on the candidate's pace of study and other commitments.
From studying through to exam day and beyond, we have a variety of resources to help you successfully complete the CIPM Program. Visit CIPM Program candidate resources to learn more.
Explore CIPM Program
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