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CIPM® Program Curriculum

The CIPM Program 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 knowledge, skills, and abilities needed to succeed in the current financial climate.

Approximately 70% of the program covers advanced performance evaluation and 30% covers ethical and professional standards, including the Global Investment Performance Standards (GIPS®).

CIPM Program Topic Area Weights

Major Topic Area Level I Level II
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%

These weights guide the curriculum and exam development processes. Actual exam weights may vary slightly from year to year, and some topics are combined for testing purposes.

What do you learn in the CIPM Program?

Read about the latest updates to the CIPM program curriculum (PDF)

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