DEFINITION of 'Certificate in Investment Performance Measurement - CIPM'
A certificate which signifies competency in the area of evaluating the investment performance of investment firms. The Certificate in Investment Performance Measurement is issued by the Chartered Financial Analyst Institute and requires certificate holders to:
- Complete the Principals and Expert exams
- Obtain membership in the CIPM Association
- Complete the work experience requirements
- Pay the membership dues annually
BREAKING DOWN 'Certificate in Investment Performance Measurement - CIPM'
The experience requirement basically involves two years of professional experience in a "performance-related" activity. As an alternative you could have four years experience in the investment field much like the CFA. The course follows the Global Investment Professional Standards (GIPS), which sets out the guidelines for calculating investment results.
These are some of the potential jobs that are available once someone obtains a CIPM: performance analyst, client and investment manager relationship manager, compliance officer, sales and marketing.