CIPM Course of Study

More Information

The CIPM program offers industry relevant, practice-based training in investment performance evaluation and risk measurement that helps you rigorously and ethically evaluate and communicate investment performance to optimize results for you and your investors.

  • Approximately 70% of the curriculum and readings cover advanced performance evaluation (measurement, attribution, appraisal, manager selection). More details
  • Approximately 30% covers ethical and professional standards, including how to use the Global Investment Performance Standards (GIPS). More details

The curriculum includes:

  • Topic-level learning objectives which provide an overview of the material and indicate the depth of knowledge expected in each major topic area at a particular level of the exam.
  • Learning outcome statements (LOS) which are study session- and/or reading-specific objectives that indicate the level of knowledge candidates are expected to gain from each lesson for the exam.
  • Reading assignments which include a combination of journal articles, textbook chapters, and content designed 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 as you prepare for the exams.

CIPM curriculum eBook

2013 Topic Area Weights

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