WHAT IS 'Associate In Management (AIM)'

An Associate in Management (AIM) program is a professional designation program in the risk management and property-casualty insurance industry that provides current mid-level managers with further management education. The Associate in Management program's goal is to enhance the candidate’s decision-making and management abilities. Training is focused in areas of management principles and practices, human resources and current business issues analysis. AIM is an advanced-level professional designation only offered through an industry professional education organization, not a two-year Associates degree offered by a technical or vocational school or community college.

BREAKING DOWN 'Associate In Management (AIM)'

The Associate in Management (AIM) designation is offered as a training course and certification by The Institutes, the professional education organization for the risk management and property-casualty insurance industry. About the Associate in Management program, The Institutes says, "With a focus on providing you with the knowledge you need to effectively manage your team and strategically plan initiatives, AIM is the premier designation for all management professionals.” The designation is practical, with a specific set of tools and practices both taught and tested.

The Associate in Management designation is seen as a vehicle to greater job security and increased eligibility for promotion within the risk management and property-casualty industries.

Program Requirements

The Institutes offers the Associate in Management designation as a self-study course and estimates that the program can be completed in 9-15 months. Required courses include Management, Human Resources Management and Managing Business Organizations Today, along with two courses in Ethics, including Ethical Guidelines for Insurance Professionals and Ethics and the CPCU Code of Professional Conduct.

The courses are administered as self-study units delivered through The Institutes website, and each course is estimated to require four to eight weeks of study. At the completion of a self-study course, there is an exam, which is administered on The Institutes’ website. The exam for the recently-completed course must be passed before the next unit of study can be started by the student. The course of study may be started at any time, and course exams are scheduled when the student will have completed the self-study materials.

The cost for the study materials and the exams to be completed ranges from $1800-2500 to complete the AIM program, depending on testing options selected. All materials and exam registration can be purchased through The Institutes’ website, which also offers practice exams, customer support and peer support.

RELATED TERMS
  1. Associate In Claims (AIC)

    An Associate in Claims is a professional designation for professionals ...
  2. Associate In Information Technology ...

    Associate In Information Technology (AIT) designation is geared ...
  3. Chartered Property Casualty Underwriter ...

    Chartered Property Casualty Underwriter (CPCU) is a professional ...
  4. Manager of Managers - MoM

    A manager of managers (MoM) approach is a type of oversight investment ...
  5. Certified Treasury Professional ...

    Certified treasury professional is a designation awarded to individuals ...
  6. Canadian Securities Course (CSC)

    The Canadian Securities Course (CSC™) is an entry-level program ...
Related Articles
  1. Financial Advisor

    Should Financial Advisors Pursue the CFA?

    There is a certain prestige that comes with obtaining your CFA, but is it needed?
  2. Financial Advisor

    Financial Certifications With The Best ROI

    These certifications will land you a long, profitable career for an affordable price.
  3. Personal Finance

    Getting Accredited For A Career In Credit Analysis

    We go through the education and certifications you need to join this growing field.
  4. Financial Advisor

    How Hard are the CFA Exams?

    Learn about the difficulty of the CFA exams with a description of the tests, some statistics on pass rates and suggestions that can help you pass the exams.
  5. Personal Finance

    How to Ace the CFA Level I Exam

    Prepare to ace the CFA Level 1 exam by studying systematically.
  6. Personal Finance

    Financial Analyst Training & Designation Programs

    Find out how to upgrade your financial skills with a series of analyst designations that are flexible and adaptable to the ever-changing finance industry.
  7. Personal Finance

    Studying For The CFP Exam

    Learn the tips and tricks of the trade before heading into this test.
  8. Personal Finance

    Becoming A Chartered Market Technician

    The CMT certification involves three tough exams. Find out what you need to do in order to pass.
  9. Financial Advisor

    The Best Training Programs For CFP Exams

    The competition to become a financial planner is hot, and growing hotter. Find out the best way to preparing to land the CFP designation.
  10. Managing Wealth

    Financial Designations That Lead To The Highest-Paying Jobs

    Not only do these finance careers pay high salaries, they're also in high demand.
RELATED FAQS
  1. How many people fail the series 63 exam every year?

    How many stock brokers failed the Series 63 exam before they passed successfully? Here is what you need to know before taking ... Read Answer >>
Hot Definitions
  1. Gross Profit

    Gross profit is the profit a company makes after deducting the costs of making and selling its products, or the costs of ...
  2. Diversification

    Diversification is the strategy of investing in a variety of securities in order to lower the risk involved with putting ...
  3. Intrinsic Value

    Intrinsic value is the perceived or calculated value of a company, including tangible and intangible factors, and may differ ...
  4. Current Assets

    Current assets is a balance sheet item that represents the value of all assets that can reasonably expected to be converted ...
  5. Volatility

    Volatility measures how much the price of a security, derivative, or index fluctuates.
  6. Money Market

    The money market is a segment of the financial market in which financial instruments with high liquidity and very short maturities ...
Trading Center