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​CIPM Program

The Certificate in Investment Performance Measurement (CIPM®) Program leverages the expertise of CFA Institute, the respected global leader in investment education, ethics, and standards, to deliver practice-based approaches and develop skills for effective investment performance evaluation and manager selection.

CIPM Program exists to professionalize investment performance - thus developing and qualifying future professionals, supporting the GIPS standards, and strengthening performance/reducing risk for firms. We aim to influence and elevate the role of performance professionals - Analysts and others who produce performance reporting, and Investment Consultants and Portfolio Managers/teams: decision-makers who rely on performance evaluation to make or recommend manager selection decisions, or whose fund management decisions are subject to rigorous appraisal. 

Watch the CIPM Program Information Session with Thomas Porter - Head of CIPM Program at the CFA Institute

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Exams offered in March and September


March Exam registration now open for Level 1 and 2

Early registration - $475
1 September through 30 November

Standard registration - $675
1 December through 31 January

Exam Registration Closes - 31 January 2021

Exam Window Opens - 16 March 2021

Exam Scheduling Closes - 23 March 2021

Exam Window Closes - 31 March 2021

Exam Results Available - Mid-May 2021

Waiver:  *CFA charterholders and those who have successfully passed the Level III CFA® exam can enter and complete the program directly at Level II.


CIPM Factsheet - CIPM_factsheet.pdf

CIPM Candidate Guide - CIPM Candidate Guide 2019-20.pdf

CIPM Exam Exemptions factsheet - CIPM Exam Exemptions factsheet.pdf

CIPM Competency-based curriculum - CIPM Program - Competency-based curriculum.pdf