The Investments & Wealth Institute has unveiled updates to its Certified Investment Management Analyst® (CIMA®) certification program, marking a pivotal step in aligning the certification with the latest advancements in investment and wealth management. Set to take effect on August 1, 2024, these changes underscore the Institute's dedication to maintaining the CIMA certification's relevance and rigor in the face of evolving industry standards.
Detailed in the Defining Wealth Management report, the updated curriculum encompasses a broad spectrum of topics critical to today's wealth management professionals. These include the management and evaluation of model portfolios, target-date funds, ETFs, and index funds, alongside in-depth coverage of risk and return management, behavioral finance, and global macroeconomic trends. Such updates are designed to equip CIMA certified professionals with the knowledge and skills necessary to navigate the complexities of modern investment landscapes.
The revisions to the CIMA certification are the result of a comprehensive job task analysis study, ensuring that the program reflects the current demands and challenges faced by investment and wealth management professionals. With a heightened focus on alternative investments, private markets, and client-oriented portfolio management, the updated program aims to foster a deeper understanding of portfolio construction and investment implementation strategies.
James LaFleur, Chair of the CIMA Certification Commission, emphasized the importance of these updates in preparing certified practitioners to meet client needs effectively. By integrating advanced financial knowledge with ethical standards, the CIMA certification continues to serve as a benchmark for excellence in the investment and wealth management profession.
This initiative by the Investments & Wealth Institute highlights its ongoing commitment to advancing the field through education and professional development. By ensuring that the CIMA certification remains at the cutting edge of industry practices, the Institute reinforces its role as a leading authority in investment and wealth management education worldwide.
