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CFA Institute Reports Results for CIPM® Testing in September

2 November, 2023
New York City United States

CFA Institute, the global association of investment professionals, announces today the results for the Certificate in Investment Performance Measurement (CIPM®). Examinations were administered during the period 16-30 September 2023.

Of 171 candidates who sat for the Level I CIPM examination in September, 42 percent have passed. Of 125 candidates who sat for the Level II CIPM examination in September, 50 percent have passed. Successful Level II candidates will receive their CIPM designation upon successful verification of professional experience and CFA Institute membership requirements. All candidates will be notified of their results today.

Chris Wiese, CFA, Managing Director of Education at CFA Institute, comments:

“Well done to all candidates who have successfully passed their CIPM exams. Mastering performance evaluation using the Global Investment Performance Standards aligns you with the practices of more than 1,700 organizations worldwide. Congratulations on making this commitment to a higher standard practiced by leading firms in 46 markets around the world.” 

The CIPM curriculum prepares candidates for effective investment performance evaluation, manager selection, and investment reporting based on the CFA Institute Global Investment Performance Standards (GIPS®).

To earn the CIPM designation, a candidate must pass two exams, become a member of CFA Institute, meet professional experience requirements, and maintain a minimum of 15 credits of continuing education annually. CFA® charterholders and candidates who have successfully completed Level III of the CFA Program may proceed directly to Level II of the CIPM Program. 

About the CFA Program

Enrolling in the CFA Program and earning the CFA charter prepares individuals for a variety of career paths in every sector of the global finance industry. Candidates can access all the essential study tools through the Learning Ecosystem including mock exams and the newly introduced Practical Skills Modules. Candidates preparing to sit for an exam after a deferral may find CFA exam study tips helpful. For more about the CFA Program, visit: CFA Program.

About CFA Institute

As the global association of investment professionals, CFA Institute sets the standard for professional excellence and credentials. We champion ethical behavior in investment markets and serve as the leading source of learning and research for the investment industry. We believe in fostering an environment where investors’ interests come first, markets function at their best, and economies grow. With more than 200,000 charterholders worldwide across 160 markets, CFA Institute has 10 offices and 160 local societies.  Find us at www.cfainstitute.org or follow us on LinkedIn and X at @CFAInstitute.

Notes to Editors

  • Candidates for the Level I and Level II CIPM® exams attended in person at a proctored examination venue in one of 34 markets worldwide.
  • The next CIPM examination window will be held in March 2024.
  • For more about the CIPM Program, visit Certificate in Investment Performance Measurement.
  • The Global Investment Performance Standards (GIPS®) are voluntary, ethical standards for calculating and presenting investment performance based on the principles of fair representation and full disclosures.