CIPM Exams

CFA General
#1

Hey guys,

if anybody here has completed the CIPM exams could you tell me how long it took to get through each level. thanks

#2

I’ve taken the Principles exam. It’s relatively straightforward - I would guess I put in about 75 hours in total. You could probably do it with less but I wasn’t taking any chances.

#3

Thanks mate, Any other feedback?

#4

I passed principles first time with about 200 hours studying. I am an IT guy by trade, so that made the learning curve steep. Just took the experts exam (300+ hours prep) and the material was WAY more challenging, mainly due to amount of reading compared to principles. Hoping I passed, because I so don’t want to go through it again.

Good luck.

#5

Wow. If you’re going to put in that kind of time, why not just take the CFA? The CFA designation is about 10x as valuable as CIPM, even if you are a Performance Analyst (as I used to be).

#6

The reason I had to put in so much time is because I don’t have a finance background and had to learn a lot of stuff the curriculum takes for granted. I would be in the same boat with the CFA curriculum, which would be way too much at my age.

#7

I earned the CIPM designation back in 2009. Not sure how much things have changed since back then. Principles level (level one) should require anywhere between 60-90 hours of study. Expert level (level two) is a bit of a beast. Not too too hard, but no semi-easy stroll like the first. For the Expert level, you should plan about twice the amount of study that you exercised for the first level.

#8

Found out recently that I passed CIPM Expert exam. It was definitely harder than Principles, not to be taken lightly. Not something I would want to do twice. Don’t underestimate the prep time.

#9

I decided it was worth taking, since I work a lot with funds & thought it might be relevant. Both levels were straightforward ( think 50hr Principles, 100hr Expert) however the GIPS is hard, provided you’re strong on other parts of the curriculum will you be OK.

As someone else on the forum pointed out - if you’re running a fund(/portfolio) of funds, or fund of hedgefunds, or any kind of performance reporting you’re gonna need this cert.

#10

Yes. Stop collecting letters.

#11

CIPM is more useless than CAIA.

#12

^ And that’s hard to do.

#13

…

#14

+1

#15

You should be more ambitious. How about wanting to be a BSD at work?

#16

Hey McLeod,

What do you do now? I am currently a Perf Analyst

#17

https://cipmexam.wordpress.com/