CFA charterholders now Exempt for first level of CIPM

just got the email:

" Effective immediately, all CFA® charterholders have been granted a full exemption from the CIPM Principles level — the first of two levels required to attain the CIPM Program designation. Therefore, you are now eligible to enter and complete the program directly at the Expert level.* Registration for the March 2017 CIPM Expert level exam opens 1 October 2016.

What is the CIPM Program? The CIPM Program is the professional designation that provides investment management professionals with advanced performance evaluation skills focusing on:

  • Performance Measurement/Attribution
  • Performance Appraisal
  • Manager Evaluation and Selection

Why is the CIPM Program Changing its Requirements? CFA Institute is offering this Principles level exemption as an acknowledgement that, as a charterholder, you have already successfully mastered the curriculum and key learnings covered in this course of study. We listened to feedback from current charterholders and members. They have told us that the advanced learnings at the Expert level are most valuable to building the skills required for career advancement opportunities. The CIPM Program is rigorous. But by bypassing the Principles level, now you can earn your full designation in just six months. During this time you’ll develop deeper skills in performance evaluation that can increase your professional value to your employer and your clients. Join the elite ranks of CFA/CIPM dual designation holders who have attained this credential as the perfect complement to the CFA charter."


Now the real question, if you have the CFA and CIPM, would you put both behind your name?.. is there a hacksaw involved?

*Edited title, less confusing

I’d consider getting it only because I’m curious if the material is valuable and my firm would cover the costs without passing…so it’s really just my time I’m giving up. I would not put it behind my name though. I would just include it in my linkedin or resume under other certifications. But why does it say you can now earn it in just six months??? Are they assuming we would take 6 months to study…I’d take 3 max…probably just 1…it’s CIPM.

Ah your topic title was confusing the crap out of me since there’s only two exams. I was like so is this a free four extra letters for the alphabet soup?

It’s exemption from one of the two levels. Still have to pass expert.

20% of the Expert exam is Performance Presentation and GIPS…NOOOOOOO THANKS

Ah thanks, edited now

Do you have to pay an annual fee for this one?

$325 Total Cost Per Year ($275 CFA + $50 CIPM).

#MyAnnualDues

Great way to get folks interested in the CIPM. I was registered for the Principles exam in September, but don’t need to anymore. Now I’ll be taking the Expert exam in March 17 :slight_smile:

Cheers!

Are there any good prep courses for CIPM?