CIPM Course of Study

More Study Materials

2015 Errata: Principles (PDF) |  Expert (PDF)
2015 Study Sessions: Principles (PDF) |  Expert (PDF)
Mock exams: Typically available at least one month prior to the exam window.

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The CIPM curriculum is based on an advanced body of knowledge that is continuously reviewed and updated by more than 1,000 active investment practitioners around the world to ensure it reflects the most relevant trends and the core competencies.

  • Approximately 70% of the curriculum and readings cover advanced performance evaluation (measurement, attribution, appraisal, manager selection).
  • Approximately 30% covers ethical and professional standards, including how to use the the Global Investment Performance Standards (GIPS). 
The curriculum includes:
  • Topic-level learning objectives: Indicate the depth of knowledge expected in each major topic area at a particular level.
  • Learning outcome statements (LOS): Study sessions and/or reading-specific objectives that indicate the level of knowledge candidates are expected to gain from each lesson.
  • Reading assignments: Include a combination of journal articles, textbook chapters, and content to help you master the topics in the CIPM Body of Knowledge. Carefully studying the readings after working through each lesson will provide you with a firm foundation.

CIPM curriculum details

About the CIPM curriculum eBook

Study Support

Candidates should be able to succeed by studying the curriculum and mastering the LOS; however, some candidates may benefit from taking prep course or using review notes. These should be used to supplement and not replace the CIPM curriculum. Assistance with preparing for the exam is available through a variety of sources:

2015 Topic Area Weights

Major Topic Area Principles Level Expert Level
Performance Measurement
30% 10%
Performance Attribution 25% 15%
Performance Appraisal and  Manager Selection
20% 40%
Ethical Standards
15% 15%
Performance Presentation and GIPS Standards 10% 20%
   Total 100% 100%

Note: These weights serve as a high level guide for the curriculum and exam development processes.